Willis Towers Watson Public Limited Company (WTW) FCF Payout Ratio: 23.18%
Is Willis Towers Watson Public Limited Company’s FCF payout ratio high or low?
Willis Towers Watson Public Limited Company's FCF payout ratio of 23.18% is 26% below its 5-year average of 31.18%, near the low end of its 5-year range (20.11%–60.69%).
9.27% below its 12-month average of 25.55%.
WTW FCF Payout Ratio Chart
WTW Average FCF Payout Ratio Chart
WTW Current vs Average FCF Payout Ratio Chart
WTW FCF Payout Ratio Metrics
FCF PAYOUT RATIO
23.18%
FCF PAYOUT RATIO AVG TTM
25.55%
FCF PAYOUT RATIO AVG 3Y
35.93%
FCF PAYOUT RATIO AVG 5Y
31.18%
FCF PAYOUT RATIO AVG 10Y
61.28%
FCF PAYOUT RATIO AVG 15Y
58.02%
FCF PAYOUT RATIO AVG 20Y
74.64%
CURRENT VS TTM AVG
-9.27%
CURRENT VS 3Y AVG
-35.48%
CURRENT VS 5Y AVG
-25.65%
CURRENT VS 10Y AVG
-62.17%
CURRENT VS 15Y AVG
-60.05%
CURRENT VS 20Y AVG
-68.94%
Payout Ratio Comparison
FCF Payout Ratio
23.2%
Earnings Payout Ratio
22.8%
Dividend Yield
1.41%
FCF Yield
6.22%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $1.55B | $358.00M | 23.2% |
| 2024 | $1.27B | $354.00M | 27.9% |
| 2023 | $1.10B | $352.00M | 31.9% |
| 2022 | $608.00M | $369.00M | 60.7% |
| 2021 | $1.86B | $374.00M | 20.1% |
| 2020 | $1.49B | $346.00M | 23.3% |
| 2019 | $776.00M | $329.00M | 42.4% |
| 2018 | $966.00M | $306.00M | 31.7% |
| 2017 | $487.00M | $277.00M | 56.9% |
| 2016 | $660.00M | $199.00M | 30.2% |
| 2015 | $85.00M | $277.00M | 325.9% |
| 2014 | $360.00M | $210.00M | 58.3% |
| 2013 | $442.00M | $193.00M | 43.7% |
| 2012 | $388.00M | $185.00M | 47.7% |
| 2011 | $328.00M | $180.00M | 54.9% |
| 2010 | $406.00M | $202.00M | 49.8% |
| 2009 | $322.00M | $191.00M | 59.3% |
| 2008 | $117.00M | $146.00M | 124.8% |
| 2007 | $83.00M | $143.00M | 172.3% |
| 2006 | $92.00M | $145.00M | 157.6% |
| 2005 | $108.00M | $135.00M | 125.0% |
| 2004 | $441.00M | $115.00M | 26.1% |
| 2003 | $436.00M | $63.00M | 14.4% |
| 2002 | $296.00M | $0 | 0.0% |
| 2001 | $181.00M | $0 | 0.0% |
| 2000 | $49.00M | $0 | 0.0% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Willis Towers Watson Public Limited Company FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Willis Towers Watson Public Limited Company FCF Payout Ratio FAQ
- What is the FCF payout ratio for Willis Towers Watson Public Limited Company (WTW)?
- The FCF payout ratio for WTW stock is 23.18%.
- Is Willis Towers Watson Public Limited Company's FCF payout ratio high or low?
- Willis Towers Watson Public Limited Company's FCF payout ratio of 23.18% is 26% below its 5-year average of 31.18%, near the low end of its 5-year range (20.11%–60.69%).
- What is the TTM average FCF payout ratio for Willis Towers Watson Public Limited Company (WTW)?
- The TTM average FCF payout ratio for WTW stock is 25.55%.
- What is the 3Y average FCF payout ratio for Willis Towers Watson Public Limited Company (WTW)?
- The 3Y average FCF payout ratio for WTW stock is 35.93%.
- What is the 5Y average FCF payout ratio for Willis Towers Watson Public Limited Company (WTW)?
- The 5Y average FCF payout ratio for WTW stock is 31.18%.
- What is the 10Y average FCF payout ratio for Willis Towers Watson Public Limited Company (WTW)?
- The 10Y average FCF payout ratio for WTW stock is 61.28%.
- What is the 15Y average FCF payout ratio for Willis Towers Watson Public Limited Company (WTW)?
- The 15Y average FCF payout ratio for WTW stock is 58.02%.
- What is the 20Y average FCF payout ratio for Willis Towers Watson Public Limited Company (WTW)?
- The 20Y average FCF payout ratio for WTW stock is 74.64%.
Willis Towers Watson Public Limited Company FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 23.16% |
| 2024-12-31 | 27.94% |
| 2023-12-31 | 31.91% |
| 2022-12-31 | 60.69% |
| 2021-12-31 | 20.11% |
| 2020-12-31 | 23.25% |
| 2019-12-31 | 42.40% |
| 2018-12-31 | 31.68% |
| 2017-12-31 | 56.88% |
| 2016-12-31 | 30.15% |
| 2015-12-31 | 325.88% |
| 2014-12-31 | 58.33% |
| 2013-12-31 | 43.67% |
| 2012-12-31 | 47.68% |
| 2011-12-31 | 54.88% |
| 2010-12-31 | 49.75% |
| 2009-12-31 | 59.32% |
| 2008-12-31 | 124.79% |
| 2007-12-31 | 172.29% |
| 2006-12-31 | 157.61% |
| 2005-12-31 | 125.00% |
| 2004-12-31 | 26.08% |
| 2003-12-31 | 14.45% |
About Willis Towers Watson Public Limited Company
Willis Towers Watson Public Limited Company (WTW) functions as a global provider of comprehensive consulting, brokerage, and solutions services. Its operations are structured across two primary divisions: Health, Wealth and Career, and Risk and Broking. Within the Health, Wealth and Career segment, WTW furnishes actuarial guidance, plan development, and administrative assistance for conventional pension and retirement savings schemes. It also delivers consulting, brokerage, and management services for health and group employee benefit programs, along with outsourced benefits administration. Furthermore, the company offers strategic counsel, analytical data, specialized software, and various products designed to help clients effectively manage their overall compensation and human capital challenges. The Risk and Broking division extends expertise in risk management, insurance placement, and advisory services, covering sectors such as property and casualty, aerospace, construction, and marine. It also supplies investment consulting and discretionary portfolio management services tailored for insurance and reinsurance firms. Additionally, this segment encompasses specialized insurance consulting and technology solutions, including risk and capital management, predictive modeling and pricing strategies, financial and regulatory compliance reporting, capital modeling, merger and acquisition support, outsourcing, and general business management services. The company engages in wholesale insurance broking, serving both retail and other wholesale brokers, and provides services related to underwriting, capital management, capital markets, and various advisory and brokerage functions. Moreover, WTW facilitates primary medical and supplementary benefit exchanges, alongside providing outsourcing services to both active employees and retirees in collective and individual markets. It also administers various healthcare and reimbursement accounts, such as Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs), Flexible Spending Accounts (FSAs), and other consumer-directed accounts. Previously known as Willis Group Holdings Public Limited Company, the organization adopted its current name, Willis Towers Watson Public Limited Company, in January 2016. Established in 1828, WTW maintains its headquarters in London, UK.
- Sector
- Financial Services
- Industry
- Insurance - Brokers
- CEO
- Carl Aaron Hess