Willis Towers Watson Public price to free cash flow WTW
Market value divided by free cash flow over the last twelve months, since 2011.
- Today, Oct 23, 2026
- 17.9×
- 10-year median
- 28.4×
- Against its 10-year history
- 12th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 15.0× to 41.1×
- Peer median
- 21.4×
Willis Towers Watson Public's price to free cash flow is 17.9× as of Oct 23, 2026.
That is below its ten-year median of 28.4×, lower than on 88% of days in the last ten years.
Over that time it ranged from 15.0× in May 2026 to 41.1× in Jul 2018.
The median for 10 insurance brokers of a similar size is 21.4×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 17.9× | 15.0× | 19.0× |
| 2025 | n/m a value too high to mean anything | ||
| 2024 | n/m a value too high to mean anything | ||
| 2023 | n/m a value too high to mean anything | ||
| 2022 | n/m a value too high to mean anything | ||
| 2021 | n/m a value too high to mean anything | ||
| 2020 | 28.4× | 27.8× | 29.1× |
| 2019 | 27.5× | 21.4× | 29.6× |
| 2018 | 26.1× | 25.4× | 41.1× |
| 2017 | 33.4× | 24.4× | 36.4× |
| 2016 | 30.9× | 30.3× | 178× |
| 2015 | 131× | 56.2× | 131× |
| 2014 | 58.8× | 41.2× | 58.8× |
| 2013 | 45.2× | 44.7× | 56.4× |
| 2012 | 45.0× | 38.6× | 51.8× |
| 2011 | 43.9× | 39.2× | 54.5× |
Against its peers
Companies in Insurance - Brokers nearest Willis Towers Watson Public's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| WTWWillis Towers Watson Public | 17.9× |
| BROBrown & Brown | 16.9× |
| AONAon | 19.8× |
| AJGArthur J. Gallagher | 30.0× |
| ERIEErie Indemnity | 24.0× |
| RYANRyan Specialty | 20.1× |
| MRSHMarsh & McLennan Companies | 22.6× |
| ACTEnact | n/m |
| HGTYHagerty | 19.2× |
| CRVLCorvel | 37.2× |
| NPNeptune Insurance | n/m |
| Peer median | 21.4× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Willis Towers Watson Public
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.