WT
WTW
WTW What Willis Towers Watson promised, and what happened
Guidance
What management said, and what became of it
13 of 14 judged targets kept · 27 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Risk & Broking (R&B) adjusted operating margin expansion (multi-year average) | 100 basis points of average annual adjusted operating margin expansion over the next 3 years (from Investor Day, Dec 2024) | Dec 2024 | Our prior outlook ran through 2027 and was framed as annual margin expansion of roughly 100 basis points per year in Risk and Broking and continued incremental margin expansion in Health, Wealth and Career. Propel gives us the visibility to extend that horizon and target specific adjusted operating margins of approximately 30% at the enterprise level, approximately 35% in Health, Wealth, and Career and approximately 30% in Risk and Broking, all in 2028. | Revised Up |
| Full-year adjusted diluted EPS growth (enterprise) | healthy year-over-year EPS growth | Dec 2025 | Adjusted diluted earnings per share were $3.35, representing a 17% increase compared to Q2 2025. | On Track |
The full ledger
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The rest of the ledger
Pro opens all 41 tracked commitments for Willis Towers Watson
Above is what the last two calls moved. Pro adds every quarter's revision, the source quote behind each one, and the topics management has stopped answering.