Willis Towers Watson (LTS:0Y4Q) ROCE % : 7.29% (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Willis Towers Watson ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Willis Towers Watson's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.29%.

Willis Towers Watson ROCE % Historical Data

The historical data trend for Willis Towers Watson's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Willis Towers Watson ROCE % Chart

Willis Towers Watson Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

7.03

6.51

14.72

7.87

9.05

Willis Towers Watson Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															7.29	4.19	5.43	19.57	7.29

Willis Towers Watson ROCE % Calculation

Willis Towers Watson's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	1514	/	( ( (31769 - 14779)	+	(29090 - 12630) )	/ 2 )
	=	1514	/	( (16990	+	16460)	/ 2 )
	=	1514	/	16725
	=	9.05 %

Willis Towers Watson's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	1224	/	( ( (29090 - 12630)	+	(30237 - 13118) )	/ 2 )
	=	1224	/	( ( 16460	+	17119 )	/ 2 )
	=	1224	/	16789.5
	=	7.29 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Willis Towers Watson (LTS:0Y4Q) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Willis Towers Watson ROCE % Related Terms

Thank you for viewing the detailed overview of Willis Towers Watson's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Willis Towers Watson (LTS:0Y4Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Willis Towers Watson PLC (LTS:0Y4Q) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

WTW:USA WTW:Mexico W1LT34:Brazil

Address

C/o Willis Group Ltd, 51 Lime Street, London, GBR, EC3M 7DQ

Website

https://www.willistowerswatson.com

In January 2016, Towers Watson and Willis Group merged to form Willis Towers Watson, a global advisory, insurance brokerage, and solutions company. The company operates in two business segments: health, wealth, and career (its consulting operations) and risk and brokering (its brokerage operations). It has about 47,000 employees.

Willis Towers Watson (LTS:0Y4Q) Headlines

No Headlines