GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Willis Towers Watson PLC (NAS:WTW) » Definitions » Pretax Margin %

Willis Towers Watson (Willis Towers Watson) Pretax Margin % : 10.34% (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Willis Towers Watson Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Willis Towers Watson's Pre-Tax Income for the three months ended in Mar. 2024 was $242 Mil. Willis Towers Watson's Revenue for the three months ended in Mar. 2024 was $2,341 Mil. Therefore, Willis Towers Watson's pretax margin for the quarter that ended in Mar. 2024 was 10.34%.

The historical rank and industry rank for Willis Towers Watson's Pretax Margin % or its related term are showing as below:

WTW' s Pretax Margin % Range Over the Past 10 Years
Min: 4.34   Med: 12.12   Max: 29.92
Current: 13.49


WTW's Pretax Margin % is ranked better than
63.17% of 486 companies
in the Insurance industry
Industry Median: 9.835 vs WTW: 13.49

Willis Towers Watson Pretax Margin % Historical Data

The historical data trend for Willis Towers Watson's Pretax Margin % 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 Pretax Margin % Chart

Willis Towers Watson Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.50 11.74 29.92 14.19 13.49

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
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.41 5.56 7.57 25.36 10.34

Competitive Comparison of Willis Towers Watson's Pretax Margin %

For the Insurance Brokers subindustry, Willis Towers Watson's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Willis Towers Watson's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Willis Towers Watson's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Willis Towers Watson's Pretax Margin % falls into.



Willis Towers Watson Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Willis Towers Watson's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1279/9483
=13.49 %

Willis Towers Watson's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=242/2341
=10.34 %

* 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.


Willis Towers Watson  (NAS:WTW) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Willis Towers Watson Pretax Margin % Related Terms

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


Willis Towers Watson (Willis Towers Watson) Business Description

Traded in Other Exchanges
Address
C/o Willis Group Ltd, 51 Lime Street, London, GBR, EC3M 7DQ
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.
Executives
Pamela Thomson-hall officer: Head of International 51 LIME STREET, LONDON X0 EC3M 7DQ
Anne Pullum officer: Head of Strategy and CAO C/O WILLIS TOWERS WATSON, 200 LIBERTY ST, 7TH FLOOR, NEW YORK NY 10281
Julie Jarecke Gebauer officer: Head of Human Capital&Benefits JUPITER SATURN HOLDING CO, 875 THIRD AVENUE, NEW YORK NY 10022
Fredric J Tomczyk director TORONTO DOMINION CENTRE, PO BOX 1, TORONTO A6 M5K IA2
Stephen M. Chipman director 3101 DREXEL DRIVE, DALLAS TX 75205
Jacqueline Hunt director 53 SOUTH GREEN, MATTISHALL, NORFOLK X0 N220 3JY
Anne Donovan Bodnar officer: Head of Human Resources 901 N. GLEBE ROAD, ARLINGTON VA 22203
Gene H Wickes officer: Head of Exchange Solutions 901 N GLEBE ROAD, ARLINGTON VA 22203
Brendan R Oneill director C/O IMPERIAL CHEMICAL INDUSTRIES PLC, 20 MANCHESTER SQUARE, LONDON X0 W1U 3AN
Paul C Reilly director 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Alexis Faber officer: Chief Operating Officer 3340 PLAYERS CLUB PARKWAY, SUITE 200, MEMPHIS TN 38125
Andrew Jay Krasner officer: Chief Financial Officer 1450 BRICKELL AVENUE, SUITE 1600, MIAMI FL 33131
Fumbi F. Chima director 44 THORNBURY CT., 36-38 CHEPSTOW VILLAS, LONDON X0 WII 2RE
Michelle R Swanback director 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Inga K Beale director C/O CRAWFORD & COMPANY, 5335 TRIANGLE PARKWAY, PEACHTREE CORNERS GA 30092

Willis Towers Watson (Willis Towers Watson) Headlines