Discounted Cash Flow

Willis Towers Watson Plc.

WTW · Based on 10 years of SEC filings

DCF estimate unavailable — loss_in_2024

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $7.9b $420.0m $920.0m 5.3% $3.07
2017 $8.2b (4.0%) $568.0m (35.2%) $862.0m (-6.3%) 6.9% (30.0%) $4.21 (37.1%)
2018 $8.4b (2.6%) $695.0m (22.4%) $1.3b (49.4%) 8.3% (19.3%) $5.29 (25.7%)
2019 $8.9b (6.3%) $1.0b (50.2%) $1.1b (-16.1%) 11.7% (41.3%) $8.05 (52.2%)
2020 $9.3b (3.9%) $996.0m (-4.6%) $1.8b (64.1%) 10.7% (-8.1%) $7.68 (-4.6%)
2021 $8.8b (-5.0%) $4.2b (323.9%) $1.9b (4.9%) 47.8% (346.0%) $32.88 (328.1%)
2022 $8.9b (0.5%) $1.0b (-76.1%) $608.0m (-67.3%) 11.4% (-76.2%) $9.00 (-72.6%)
2023 $9.3b (4.9%) $1.1b (4.6%) $1.1b (81.4%) 11.3% (-0.4%) $10.01 (11.2%)
2024 $9.7b (4.7%) $-98.0m (-109.3%) $-98.0m (-108.9%) -1.0% (-108.9%) $-0.96 (-109.6%)
2025 $9.5b (-2.3%) $1.6b (1737.8%) $1.5b (1677.6%) 16.9% (1776.1%) $16.34 (1802.1%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Values abbreviated: b = billions, m = millions, k = thousands.

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

loss_in_2024

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.