WILLIS TOWERS WATSON PLCWTW
時価総額
$312.4億
PER
人事・福利厚生コンサル、保険ブローカー、リスク管理・資産運用の大手。年金・退職金コンサルと投資運用、報酬ベンチマークや従業員体験のデータ・ソフトを展開。2024年12月に直販保険事業を6.32億ドルで売却、再保険ジョイントベンチャーに出資。140カ国超で展開。
| 2010年 12月31日 | 2011年 12月31日 | 2012年 12月31日 | 2013年 12月31日 | 2014年 12月31日 | 2015年 12月31日 | 2016年 12月31日 | 2017年 12月31日 | 2018年 12月31日 | 2019年 12月31日 | 2020年 12月31日 | 2021年 12月31日 | 2022年 12月31日 | 2023年 12月31日 | 2024年 12月31日 | |
| Net income | 470 | 220 | -433 | 377 | 373 | 384 | 438 | 592 | 715 | 1,073 | 1,020 | 4,236 | 1,024 | 1,064 | -88 |
| Depreciation | 63 | 74 | 79 | 94 | 92 | 95 | 178 | 252 | 213 | 240 | 308 | 281 | 255 | 242 | 230 |
| Amortization | - | - | - | - | - | - | - | - | - | - | - | - | 312 | 263 | 226 |
| Impairment | - | - | - | - | - | - | - | - | - | - | - | - | 81 | - | 1,042 |
| Non-cash restructuring charges | - | - | - | - | - | - | - | - | - | - | - | - | - | 38 | 41 |
| Non-cash lease expense | - | - | - | - | - | - | - | - | - | - | - | - | 120 | 105 | 98 |
| Net periodic cost/(benefit) of defined benefit pension plans | - | - | - | - | - | - | - | - | -163 | -135 | -196 | -168 | -153 | -26 | 4 |
| Provision for doubtful receivables from clients | - | 4 | 16 | 3 | 4 | 5 | 36 | 17 | 8 | 9 | 29 | 19 | 13 | 6 | 13 |
| Benefit from deferred income taxes | - | - | - | - | - | - | - | - | - | - | - | 226 | -50 | -109 | -213 |
| Share-based compensation | 47 | 41 | 32 | 42 | 52 | 64 | 123 | 67 | 50 | 74 | 90 | 101 | 99 | 125 | 121 |
| Net loss/(gain) on disposal of operations | - | - | - | - | - | - | - | - | -9 | -2 | 81 | 2,679 | -59 | 43 | -337 |
| Non-cash foreign exchange (gain)/loss | - | - | - | - | - | - | 28 | -77 | -26 | -26 | 6 | 10 | 137 | -20 | 31 |
| Other, net | - | - | - | - | - | - | -27 | 57 | -8 | -17 | 41 | 25 | -6 | -31 | -58 |
| Accounts receivable | - | 92 | 17 | 116 | 66 | 155 | 101 | 64 | -68 | 261 | -72 | 134 | 188 | 206 | 233 |
| Other assets | 266 | 43 | -12 | -14 | -16 | 5 | 233 | 128 | 22 | 269 | 205 | 122 | 197 | 185 | 373 |
| Other liabilities | 60 | -32 | 215 | 445 | 432 | 495 | 161 | -51 | -20 | -264 | 215 | -175 | -495 | 16 | 301 |
| Provisions | - | - | - | - | - | - | - | - | - | 4 | -138 | -18 | -8 | 4 | -21 |
| Net cash from operating activities | 489 | 439 | 525 | 561 | 477 | 243 | 920 | 862 | 1,288 | 1,081 | 1,774 | 2,061 | 812 | 1,345 | 1,512 |
| Additions to fixed assets and software for internal use | - | - | - | - | - | - | - | - | - | 246 | 223 | 148 | 138 | 153 | 136 |
| Capitalized software costs | - | - | - | - | - | - | - | - | 54 | 59 | 63 | 53 | 66 | 89 | 109 |
| Acquisitions of operations, net of cash acquired | 21 | 10 | 33 | 30 | 241 | 845 | -476 | 13 | 36 | 1,329 | 69 | 47 | 81 | 6 | 107 |
| Net proceeds/(payments) from sale of operations | - | - | - | - | - | - | - | - | - | - | - | - | 59 | -89 | -619 |
| Cash and fiduciary funds transferred in sale of operations | - | - | - | - | - | - | - | - | - | - | - | - | 29 | 922 | 5 |
| (Purchase)/sale of investments | - | - | - | - | - | -3 | - | - | - | - | - | - | -200 | 4 | 12 |
| Net cash from/(used in) investing activities | -94 | -101 | -172 | -120 | -276 | -943 | 195 | -335 | -341 | -1,614 | -160 | 2,570 | -173 | -1,085 | 250 |
| Senior notes issued | - | - | - | - | - | - | 1,606 | 649 | 998 | 997 | 282 | - | 750 | 748 | 746 |
| Debt issuance costs | - | 12 | - | 8 | 3 | 5 | 14 | 9 | 8 | 13 | 2 | 4 | 5 | 7 | 9 |
| Repayments of debt | - | - | - | - | - | - | 1,901 | 734 | 170 | 995 | 327 | 1,008 | 585 | 254 | 655 |
| Repurchase of shares | - | - | 100 | - | 213 | 82 | 396 | 532 | 602 | 150 | - | 1,627 | 3,530 | 1,000 | 901 |
| Proceeds from issuance of shares | 36 | 60 | 53 | 155 | 134 | 124 | 63 | 61 | 45 | 45 | 16 | 10 | 7 | - | - |
| Net proceeds/(payments) from fiduciary funds held for clients | - | - | - | - | - | - | - | - | - | - | - | 40 | -354 | 234 | -785 |
| Payments of deferred and contingent consideration related to acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | 22 | 12 | 2 |
| Cash paid for employee taxes on withholding shares | - | - | - | - | - | - | - | 18 | 30 | 15 | 14 | 16 | 34 | 26 | 56 |
| Dividends paid | 176 | 180 | 185 | 193 | 210 | 277 | 199 | 277 | 306 | 329 | 346 | 374 | 369 | 352 | 354 |
| Proceeds from (Payments to) Noncontrolling Interests | - | - | - | - | - | - | -21 | -51 | -26 | -55 | -28 | -36 | -11 | -63 | -13 |
| Other, net | - | - | - | - | - | - | - | - | - | - | -3 | - | - | - | - |
| Net cash used in financing activities | -293 | -214 | -291 | -137 | -323 | 641 | -762 | -479 | -903 | 397 | -434 | -3,114 | -3,445 | -1,200 | -459 |
| INCREASE/(DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | - | - | - | - | - | - | - | - | - | -136 | 1,180 | 1,517 | -2,806 | -940 | 1,303 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | - | - | - | - | - | - | - | - | - | -2 | 21 | -127 | -164 | 11 | -97 |