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Held by 683 of 5,944 reporting institutions (98th percentile) — extremely crowded.
Data as of Q1 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $310.99 today, the market must believe free cash flow compounds 11.2%/yr for a decade (off $1.3B normalized FCF).
The market's 11.2% is more optimistic than its 9-yr track record.
2-stage DCF · 0.10B shares · net debt $3.2B
mean 24.2% · volatility σ 43% · implied rate exceeded in 3/4 yrs
Central path = implied 11.2%/yr growth; shaded band = ±1σ (43%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
6/8 of the 9 checks — 1 couldn't be scored (see above), so the score is out of the 8 with data.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Cash conversion lags reported earnings — watch accruals. Lower/negative accruals = higher quality (Sloan).
Comfortably covers interest; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
The dividend is comfortably covered — only 23% of free cash flow, leaving room to grow it and fund buybacks. Last year: $358M dividends + $1.6B buybacks = $2.0B returned on $1.5B FCF.
9 consecutive years of dividend increases · 11%/yr.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A cash-return story — far more went to shareholders than back into the business (mature, low-reinvestment).
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: 11%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $3.1B covers the $828M due within a year 3.8× over. Scheduled principal only (excludes interest & revolver draws). As of 2025-12-31 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest is easily covered by operating profit. Effective rate ~4.1% on $6.3B of debt.
Cash of $3.1B fully covers short-term debt of $550M.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.71B 100.0% | $9.93B 100.0% | $9.48B 100.0% | $8.87B 100.0% | $9.00B 100.0% | $8.62B 100.0% | $8.37B 100.0% | $8.51B 100.0% | $8.20B 100.0% | $7.89B 100.0% |
| Total Operating Expenses | $7.47B 77.0% | $9.30B 93.7% | $8.12B 85.6% | $7.69B 86.7% | $6.80B 75.5% | $7.76B 90.0% | $7.32B 87.4% | $7.70B 90.5% | $7.69B 93.7% | $7.54B 95.6% |
| Operating Income | $2.23B 23.0% | $627.0M 6.3% | $1.36B 14.4% | $1.18B 13.3% | $2.20B 24.5% | $859.0M 10.0% | $1.05B 12.6% | $809.0M 9.5% | $516.0M 6.3% | $348.0M 4.4% |
| Interest Expense | $260.0M 2.7% | $263.0M 2.6% | $235.0M 2.5% | $208.0M 2.3% | $211.0M 2.3% | $244.0M 2.8% | $234.0M 2.8% | $208.0M 2.4% | $188.0M 2.3% | $184.0M 2.3% |
| Interest & Investment Income | — | — | — | $55.0M 0.6% | $12.0M 0.1% | $18.0M 0.2% | $21.0M 0.3% | $3.0M 0.0% | $3.0M 0.0% | $2.0M 0.0% |
| Other Income (Expense), net | -$21.0M -0.2% | -$262.0M -2.6% | $146.0M 1.5% | $288.0M 3.2% | $701.0M 7.8% | $396.0M 4.6% | $226.0M 2.7% | $250.0M 2.9% | $164.0M 2.0% | $178.0M 2.3% |
| Pretax Income | $1.95B 20.1% | $102.0M 1.0% | $1.28B 13.5% | $1.26B 14.2% | $2.69B 29.9% | $1.01B 11.7% | $1.05B 12.5% | $851.0M 10.0% | $492.0M 6.0% | $342.0M 4.3% |
| Income Tax Expense | $318.0M 3.3% | $192.0M 1.9% | $215.0M 2.3% | $194.0M 2.2% | $536.0M 6.0% | $249.0M 2.9% | $197.0M 2.4% | $136.0M 1.6% | -$100.0M -1.2% | -$96.0M -1.2% |
| Net Income | $1.60B 16.5% | -$98.0M -1.0% | $1.05B 11.1% | $1.01B 11.4% | $4.22B 46.9% | $996.0M 11.6% | $1.04B 12.5% | $695.0M 8.2% | $568.0M 6.9% | $420.0M 5.3% |
| Per Share | ||||||||||
| EPS (Basic) | $16.34 | $-0.96 | $10.01 | $9.00 | $32.88 | $7.68 | $8.05 | $5.29 | $4.21 | $3.07 |
| EPS (Diluted) | $16.26 | $-0.96 | $9.95 | $8.98 | $32.78 | $7.65 | $8.02 | $5.27 | $4.18 | $3.04 |
| Weighted Avg Shares (Basic) | 98.0M | 102.0M | 105.0M | 112.0M | 128.0M | 130.0M | 130.0M | 131.0M | 135.0M | 137.0M |
| Weighted Avg Shares (Diluted) | 99.0M | 102.0M | 106.0M | 112.0M | 129.0M | 130.0M | 130.0M | 132.0M | 136.0M | 138.0M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
EOD close · as of 2026-09-17
No material risks flagged.
Where each multiple sits in its own 14-yr range · 50th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Operating Income | 9.5 | 12.6 | 10.0 | 24.5 | 13.3 | 14.4 | 6.3 | 23.0 |
| Income Tax | 1.6 | 2.4 | 2.9 | 6.0 | 2.2 | 2.3 | 1.9 | 3.3 |
| Net Income | 8.2 | 12.5 | 11.6 | 46.9 | 11.4 | 11.1 | -1.0 | 16.5 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on WTW: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Ranked against 838 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| JPM | $940.8B | 17.4× | — | 5.2× | 2.8% | — | 31.3% | 15.7% | 13.4% | — | 4,823 |
| V | $692.5B | — | — | 17.3× | 11.3% | — | 50.1% | 52.9% | 31.8% | — | 4,229 |
| MA | $513.8B | 34.4× | — | 15.7× | 16.4% | — | 45.6% | 193% | 56.0% | — | 3,430 |
| BAC | $417.6B | 15.2× | — | 3.7× | 6.8% | — | 27.0% | 10.1% | 4.9% | — | 3,337 |
| GS | $278.1B | 18.3× | — | — | — | — | — | 13.7% | 3.6% | — | 2,857 |
| WFC | $269.2B | 13.9× | — | — | — | — | — | 11.8% | 5.7% | — | 2,691 |
| AXP | $214.3B | 20.3× | — | 5.2× | 6.4% | — | 26.2% | 32.4% | 11.9% | — | 2,787 |
| TYFG | $191.9B | 14.2× | — | 11135.5× | 10.2% | — | 79.3% | 8.7% | 8.7% | — | 1 |
| SCHW | $189.7B | 22.6× | — | 7.9× | 22.0% | — | 37.0% | 17.9% | 17.9% | — | 2,225 |
| HDB | $171.3B | 21.5× | — | 6.7× | 15.2% | — | 30.8% | 8.8% | 4.5% | — | 570 |
| UBS | $168.5B | — | — | — | — | — | — | — | — | — | 660 |
| BLK | $160.8B | 29.4× | — | 6.6× | 89.3% | — | 22.9% | 9.9% | 8.1% | — | 2,196 |
| CB | $133.6B | 13.3× | — | 2.3× | 6.5% | — | 17.4% | 14.0% | 11.3% | — | 2,002 |
| GLD | $132.1B | — | — | — | — | — | — | — | — | — | 3,072 |
| PGR | $127.2B | 11.3× | — | 1.4× | 16.3% | — | 12.9% | 37.3% | 37.3% | — | 1,685 |
| SPGI | $121.5B | 27.8× | 17.4× | 7.9× | 7.9% | 70.2% | 29.2% | 14.4% | 10.1% | 1.7× | 2,005 |
| CME | $98.0B | 24.4× | — | 15.0× | 6.4% | — | 62.5% | 14.2% | 14.2% | — | 1,699 |
| USB | $95.6B | 12.9× | — | 3.3× | 4.4% | — | 26.4% | 11.6% | 9.2% | — | 1,901 |
| HOOD | $92.8B | 50.9× | — | 20.7× | 51.6% | — | 42.1% | 20.6% | 20.6% | — | 1,230 |
| BX | $92.4B | 31.9× | — | 6.4× | 9.2% | — | 20.9% | 34.8% | 14.2% | — | 2,037 |
| PNC | $91.7B | 13.9× | — | 4.0× | 7.2% | — | 30.3% | 11.5% | 5.9% | — | 1,839 |
| AMUB | $88.9B | — | — | — | — | — | — | — | — | — | 7 |
| ICE | $87.4B | 26.7× | 20.7× | 6.9× | 7.5% | — | 26.2% | 11.5% | 6.8% | 3.8× | 1,641 |
| KKR | $86.3B | — | — | 4.4× | -11.0% | — | 12.2% | 7.7% | 7.7% | — | 1,216 |
| MRSH | $85.7B | 21.0× | 15.6× | 3.2× | 10.3% | — | 15.4% | 27.2% | 11.9% | 3.0× | 1,471 |
| WTW | $30.7B | 19.2× | 13.8× | 3.2× | -2.2% | — | 16.5% | 20.1% | 11.2% | 2.6× | 683 |
Peers = companies sharing WTW's sector (Financial Services) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.