WTW vs BRO vs AON
161 measures in 16 categories, one definition each, computed from filings and market data.
WTW52.6
Willis Towers Watson Public Limited Company
Financial Services · Insurance - Brokers
$315.49 +1.65%$29.3B mkt cap
Score DNA
BRO59.5
Brown & Brown, Inc.
Financial Services · Insurance - Brokers
$69.40 +2.09%$23.2B mkt cap
Score DNA
Price, rebased to 100 three years ago
WTW BRO AON · weekly adjusted closesSmart money 8Valuation 16Profitability (TTM) 12Returns on capital 11Growth 17Margin history & stability 7Liquidity (latest quarter) 7Leverage & solvency (latest quarter) 13Efficiency 11Cash flow & earnings quality 7Dividends & buybacks 9Scores & forensic checks 15Per share 7Size (TTM) 8Price performance 9Technicals 4
● marks the highest or lowest value where that direction is plainly stronger (margins, returns, coverage, leverage); multiples and yields are left unmarked. Bars show each stock's percentile within its own industry. n/a: the measure does not apply to lenders and insurers.
Smart money
8 measures| Measure | WTW | BRO | AON |
|---|---|---|---|
| Insider open-market buys, 180d | 2 | 2 | 6 |
| Insider $ bought, 180d | $1.01M | $0.16M | $6.55M |
| Congress purchases, 180d | 0 | 2 | 0 |
| Last Congress purchase | — | 2026-05-01 | — |
| 13F net change in holders | −27 | −5 | +10 |
| ETFs adding shares, 30d | 408 | 816 | 1,159 |
| ETFs trimming, 30d | 398 | 740 | 949 |
| Net ETF funds, 30d | +10 | +76 | +210 |
Valuation
16 measures| Measure | WTW | BRO | AON |
|---|---|---|---|
| P/E (TTM) | 18.7x
9th
|
19.3x
18th
|
15.9x
0th
|
| PEG (P/E ÷ 3-yr EPS CAGR) | 1.02
33rd
|
1.78
67th
|
1.32
50th
|
| Price / sales | 2.9x
38th
|
3.4x
54th
|
3.5x
62nd
|
| Price / book | 3.8x
45th
|
1.8x
0th
|
6.4x
73rd
|
| Price / tangible book | — | — | — |
| Price / free cash flow | 17.3x
42nd
|
15.5x
33rd
|
19.1x
50th
|
| Price / operating cash flow | 15.2x
33rd
|
15.3x
42nd
|
17.6x
50th
|
| Enterprise value | $34.8B
77th
|
$30.3B
69th
|
$76.7B
92nd
|
| EV / sales | 3.4x
38th
|
4.4x
77th
|
4.4x
69th
|
| EV / EBITDA | 12.9x
50th
|
12.4x
42nd
|
11.4x
33rd
|
| EV / EBIT | 15.1x
27th
|
15.6x
36th
|
13.1x
9th
|
| EV / free cash flow | 20.5x
42nd
|
20.3x
33rd
|
23.6x
50th
|
| Earnings yield | 5.3%
92nd
|
5.2%
85th
|
6.3%
100th
|
| FCF yield | 5.8%
62nd
|
6.4%
69th
|
5.2%
54th
|
| Operating cash flow yield | 6.6%
69th
|
6.5%
62nd
|
5.7%
54th
|
| Graham number (per share) | $175.04
100th
|
$54.49
56th
|
$135.93
89th
|
Profitability (TTM)
12 measures| Measure | WTW | BRO | AON |
|---|---|---|---|
| Gross margin | 53.8%
46th
|
59.0%
54th
|
83.1%
92nd
|
| EBITDA margin | 26.6%
62nd
|
35.6%
85th
|
38.3%
92nd
|
| Operating margin | 22.2%
69th
|
28.5%
92nd
|
27.2%
85th
|
| EBIT margin | 22.8%
69th
|
28.4%
85th
|
33.2%
92nd
|
| Net margin | 15.5%
77th
|
17.6%
85th
|
22.3%
100th
|
| NOPAT margin | 17.7%
69th
|
22.3%
92nd
|
21.3%
77th
|
| FCF margin | 16.8%
69th
|
21.8%
92nd
|
18.5%
77th
|
| Operating cash flow margin | 19.0%
62nd
|
22.2%
92nd
|
20.1%
69th
|
| R&D / revenue | 0.0%
0th
|
0.0%
0th
|
0.0%
0th
|
| SG&A / revenue | 19.1%
83rd
|
4.0%
33rd
|
3.0%
25th
|
| Stock comp / revenue | 1.9%
67th
|
— | 1.8%
58th
|
| Effective tax rate | 20.2%
23rd
|
21.7%
54th
|
21.7%
62nd
|
Returns on capital
11 measures| Measure | WTW | BRO | AON |
|---|---|---|---|
| ROE (on average equity) | 19.8%
64th
|
10.0%
27th
|
44.7%
100th
|
| ROA | 5.3%
62nd
|
4.3%
54th
|
7.3%
77th
|
| ROIC | 13.6%
77th
|
7.8%
31st
|
15.4%
85th
|
| ROCE | 15.1%
62nd
|
8.8%
31st
|
22.3%
77th
|
| Return on tangible assets | 7.8%
54th
|
7.0%
46th
|
10.9%
69th
|
| Cash ROIC (OCF / invested capital) | 14.6%
64th
|
7.7%
18th
|
14.5%
55th
|
| Gross profitability (GP / assets) | 17.8%
23rd
|
13.5%
8th
|
27.4%
54th
|
| ROIC, 3-yr average | 6.9%
56th
|
7.6%
67th
|
13.0%
78th
|
| ROIC, 5-yr average | 10.8%
62nd
|
9.8%
50th
|
20.3%
75th
|
| ROE, 5-yr average | 15.8%
62nd
|
12.7%
50th
|
890.0%
100th
|
| Incremental ROIC | 223.8%
91st
|
58.5%
82nd
|
-351.8%
9th
|
Growth
17 measures| Measure | WTW | BRO | AON |
|---|---|---|---|
| Revenue growth (TTM YoY) | 3.0%
20th
|
39.6%
100th
|
4.9%
30th
|
| Revenue growth (QoQ) | 2.2%
46th
|
-11.8%
15th
|
-15.7%
8th
|
| Revenue CAGR, 3 yr | 3.6%
22nd
|
20.0%
89th
|
10.9%
44th
|
| Revenue CAGR, 5 yr | 2.4%
0th
|
19.2%
75th
|
8.4%
38th
|
| Gross profit CAGR, 3 yr | 11.4%
44th
|
28.3%
67th
|
32.7%
78th
|
| Operating income CAGR, 3 yr | 20.3%
62nd
|
22.1%
75th
|
6.9%
25th
|
| Net income growth (TTM YoY) | 1,042.3%
100th
|
19.8%
56th
|
50.4%
78th
|
| Net income CAGR, 3 yr | 13.3%
17th
|
18.1%
50th
|
13.5%
33rd
|
| EPS growth (TTM YoY) | 1,115.3%
100th
|
3.5%
33rd
|
52.3%
67th
|
| EPS CAGR, 3 yr | 18.3%
50th
|
10.8%
17th
|
12.0%
33rd
|
| EPS CAGR, 5 yr | 7.4%
57th
|
11.5%
71st
|
14.7%
86th
|
| FCF growth (TTM YoY) | 19.0%
78th
|
18.2%
67th
|
11.5%
22nd
|
| FCF CAGR, 3 yr | 31.1%
62nd
|
20.0%
38th
|
3.3%
0th
|
| Operating cash flow CAGR, 3 yr | 25.0%
88th
|
18.1%
38th
|
3.1%
0th
|
| Book value CAGR, 3 yr | -3.7%
12th
|
27.1%
75th
|
422.8%
100th
|
| Dividend CAGR, 3 yr | 4.4%
86th
|
3.3%
71st
|
1.7%
14th
|
| Sustainable growth rate | 15.3%
67th
|
8.1%
44th
|
37.2%
100th
|
Margin history & stability
7 measures| Measure | WTW | BRO | AON |
|---|---|---|---|
| Gross margin, 3-yr average | 53.1%
56th
|
52.0%
44th
|
59.4%
78th
|
| Operating margin, 3-yr average | 15.5%
44th
|
28.3%
100th
|
25.6%
89th
|
| Net margin, 3-yr average | 9.4%
56th
|
20.2%
100th
|
18.6%
89th
|
| FCF margin, 3-yr average | 14.2%
44th
|
22.7%
100th
|
18.8%
78th
|
| Revenue stability (0-1) | 0.90
40th
|
0.89
30th
|
0.92
70th
|
| Earnings stability (0-1) | 0.22
20th
|
0.95
100th
|
0.68
40th
|
| Margin stability (0-1) | 0.81
50th
|
0.89
70th
|
0.71
40th
|
Liquidity (latest quarter)
7 measures| Measure | WTW | BRO | AON |
|---|---|---|---|
| Cash & short-term investments | $1.6B
92nd
|
$918.0M
69th
|
$1.3B
77th
|
| Net cash (− = net debt) | −$5.5B
23rd
|
−$7.1B
15th
|
−$14.6B
8th
|
| Working capital | $1.5B
77th
|
$979.0M
69th
|
$888.0M
62nd
|
| Current ratio | 1.10
33rd
|
1.13
42nd
|
1.03
0th
|
| Quick ratio | 1.10
42nd
|
1.05
8th
|
1.03
0th
|
| Cash ratio (cash + ST investments / current liabilities) | 0.11
25th
|
0.12
42nd
|
0.05
8th
|
| Defensive interval (days) | 485 days
46th
|
714 days
62nd
|
722 days
69th
|
Leverage & solvency (latest quarter)
13 measures| Measure | WTW | BRO | AON |
|---|---|---|---|
| Total debt | $7.1B
77th
|
$8.0B
85th
|
$15.9B
92nd
|
| Debt / equity | 0.92
45th
|
0.64
36th
|
1.64
82nd
|
| Net debt / equity | 0.71
45th
|
0.56
36th
|
1.51
82nd
|
| Debt / assets | 23.2%
31st
|
26.8%
38th
|
29.8%
46th
|
| Debt / capital | 48.0%
45th
|
38.9%
36th
|
62.2%
82nd
|
| Debt / EBITDA | 2.64
33rd
|
3.29
67th
|
2.36
25th
|
| Net debt / EBITDA | 2.04
25th
|
2.91
58th
|
2.17
50th
|
| Interest coverage (EBIT / interest) | 8.1x
75th
|
6.5x
67th
|
149.6x
83rd
|
| Cash interest coverage | 6.7x
58th
|
5.1x
50th
|
90.5x
83rd
|
| Debt payback (years of OCF) | 3.7 yrs
42nd
|
5.3 yrs
83rd
|
4.5 yrs
67th
|
| Liabilities / assets | 74.6%
38th
|
57.8%
23rd
|
81.8%
77th
|
| IS credit model rating | A | BBB+ | A |
| Implied credit spread (bps) | 150
31st
|
225
54th
|
150
31st
|
Efficiency
11 measures| Measure | WTW | BRO | AON |
|---|---|---|---|
| Asset turnover | 0.34
31st
|
0.25
8th
|
0.33
23rd
|
| Fixed asset turnover | 8.79
17th
|
10.67
25th
|
11.63
33rd
|
| Inventory turnover | — | 9.5 | — |
| Receivables turnover | 4.7
38th
|
4.6
31st
|
3.4
8th
|
| Days sales outstanding | 78 days
62nd
|
80 days
69th
|
106 days
92nd
|
| Days inventory outstanding | — | 39 days | — |
| Days payables outstanding | 39 days
54th
|
77 days
69th
|
280 days
92nd
|
| Cash conversion cycle (days) | 38 days
77th
|
41 days
85th
|
−174 days
8th
|
| Capex / revenue | 2.3%
75th
|
0.4%
17th
|
1.6%
58th
|
| Capex / depreciation | 0.60
75th
|
0.05
0th
|
0.32
58th
|
| Operating expense ratio | 85.2%
85th
|
16.2%
23rd
|
95.2%
100th
|
Cash flow & earnings quality
7 measures| Measure | WTW | BRO | AON |
|---|---|---|---|
| Operating cash flow / net income | 1.23
18th
|
1.26
27th
|
0.90
0th
|
| FCF / net income | 1.08
27th
|
1.24
36th
|
0.83
0th
|
| FCF / operating cash flow | 88.1%
27th
|
98.3%
100th
|
92.0%
45th
|
| Capex / operating cash flow | 11.9%
73rd
|
1.7%
0th
|
8.0%
55th
|
| Accruals ratio | -1.2%
69th
|
-1.1%
77th
|
0.7%
100th
|
| Sloan accruals ratio | -2.1%
46th
|
-31.3%
0th
|
-1.4%
54th
|
| Earnings quality score (0-1) | 1.00
64th
|
1.00
64th
|
0.75
0th
|
Scores & forensic checks
15 measures| Measure | WTW | BRO | AON |
|---|---|---|---|
| IS score | 53
54th
|
60
69th
|
50
31st
|
| IS profitability | 57
54th
|
61
69th
|
69
92nd
|
| IS growth | 60
50th
|
73
80th
|
65
60th
|
| IS value | 58
92nd
|
59
100th
|
50
62nd
|
| IS momentum | 86
60th
|
97
90th
|
77
30th
|
| IS risk (safety) | 100
31st
|
100
31st
|
100
31st
|
| IS quality | 73
69th
|
79
92nd
|
69
54th
|
| IS balance sheet | 51
77th
|
50
69th
|
42
31st
|
| IS earnings quality | 72
77th
|
73
85th
|
64
46th
|
| IS cash flow | 66
38th
|
71
62nd
|
59
23rd
|
| Piotroski F-score (0-9) | 6
38th
|
7
62nd
|
8
92nd
|
| Altman Z-score | — | — | — |
| Beneish M-score | — | — | — |
| Ohlson O-score | −7.36
38th
|
−7.93
15th
|
−6.82
54th
|
| IS credit score | 71
62nd
|
65
46th
|
74
69th
|
Size (TTM)
8 measures| Measure | WTW | BRO | AON |
|---|---|---|---|
| Market cap | $29.3B
77th
|
$23.2B
69th
|
$62.1B
85th
|
| Revenue | $10.1B
77th
|
$6.9B
69th
|
$17.6B
92nd
|
| EBITDA | $2.7B
77th
|
$2.4B
69th
|
$6.7B
100th
|
| Net income | $1.6B
77th
|
$1.2B
69th
|
$3.9B
92nd
|
| Free cash flow | $1.7B
77th
|
$1.5B
69th
|
$3.2B
92nd
|
| Total assets | $30.6B
77th
|
$29.9B
69th
|
$53.3B
85th
|
| Shareholders' equity | $7.7B
69th
|
$12.6B
85th
|
$9.7B
77th
|
| Employees | 48,100
77th
|
22,888
69th
|
60,000
85th
|
Price performance
9 measures| Measure | WTW | BRO | AON |
|---|---|---|---|
| 1 day | +1.6% | +2.1% | +2.0% |
| 1 week | +6.5% | +10.4% | +7.0% |
| 1 month | +1.8% | +6.6% | −1.2% |
| 3 months | +7.6% | +0.7% | −19.2% |
| 6 months | +6.0% | +2.5% | −11.4% |
| Year to date | −3.3% | −10.4% | −14.4% |
| 1 year | −7.0% | −26.0% | −17.0% |
| 3 years, cumulative | +53.5% | −1.5% | −8.3% |
| 5 years, cumulative | +37.1% | +19.0% | +3.4% |
Technicals
4 measures| Measure | WTW | BRO | AON |
|---|---|---|---|
| RSI 14 | 62.0 | 66.6 | 53.5 |
| From 52-week high | −10.2% | −25.1% | −23.3% |
| From 52-week low | +31.1% | +29.0% | +9.8% |
| Beta | 0.42 | 0.59 | 0.69 |
InsiderStreet reports findings from filings and market data. A comparison is not a recommendation to buy or sell either stock.Every figure is computed in code · data as of 2026-10-17