Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Willis Towers WatsonFRA:WTY -0.04%77 Debt-to-EBITDA is 3.10 as of Mar. 2026, which is 3% above its 10-year median of 3.02. GuruFocus rates FRA:WTY with a GF Score™ of 77/100 and a GF Value™ of €280.45 (Fairly Valued). The stock has 1 warning sign investors should review. Among 321 Insurance companies, Willis Towers Watson ranks worse than 75.08% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Willis Towers Watson's Debt-to-EBITDA or its related term are showing as below:
FRA:WTY'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.54 Med: 3.02 Max: 7.22
Current: 2.54
During the past 13 years, the highest Debt-to-EBITDA Ratio of Willis Towers Watson was 7.22. The lowest was 1.54. And the median was 3.02.
FRA:WTY's Debt-to-EBITDA is ranked worse than 75.08% of 321
companies
in the Insurance industry
Industry Median: 1.18
vs FRA:WTY: 2.54
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Willis Towers Watson Debt-to-EBITDA Related Terms
Willis Towers Watson Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Willis Towers Watson's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:WTY vs BRO, ERIE, NP: Debt-to-EBITDA Comparison
For the Insurance Brokers subindustry, Willis Towers Watson's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Willis Towers Watson Debt-to-EBITDA vs Insurance Industry
For the Insurance industry and Financial Services sector, Willis Towers Watson's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Willis Towers Watson's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Willis Towers Watson (FRA:WTY) has a Debt-to-EBITDA of 3.10 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Willis Towers Watson. This is near median its historical median of 3.02. Over the past decade, Willis Towers Watson's Debt-to-EBITDA has ranged from 1.54 to 7.22. According to the industry distribution chart, Willis Towers Watson ranks #241 out of 321 companies in the Insurance industry, placing it in the top 75.1%.
Is Willis Towers Watson's Debt-to-EBITDA too high?
Willis Towers Watson's current Debt-to-EBITDA of 3.10 is near median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 7.22. The Insurance industry median Debt-to-EBITDA is 1.18. Willis Towers Watson's value of 3.10 is 162.7% above this industry median. Based on the distribution chart, Willis Towers Watson ranks #241 out of 321 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Willis Towers Watson has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Willis Towers Watson's Debt-to-EBITDA compare to BRO and ERIE?
According to the Insurance industry distribution chart, Willis Towers Watson ranks #241 out of 321 companies for Debt-to-EBITDA. This places Willis Towers Watson in the lower half of its industry. The industry median Debt-to-EBITDA is 1.18. Willis Towers Watson's value of 3.10 is 162.7% above this benchmark. Historically, Willis Towers Watson's own Debt-to-EBITDA has ranged from 1.54 to 7.22 over the past decade. While the company's 10-year median is 3.02 vs. the industry median of 1.18, Willis Towers Watson has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Insurance company?
The median Debt-to-EBITDA among Insurance companies is 1.18, based on 321 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Willis Towers Watson's current Debt-to-EBITDA of 3.10 is 162.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Willis Towers Watson. For the Insurance industry, the median Debt-to-EBITDA is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Willis Towers Watson's current Debt-to-EBITDA is 3.10, which is near median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Willis Towers Watson stock overvalued right now?
Based on GuruFocus' analysis, Willis Towers Watson (FRA:WTY) is currently considered Fairly Valued. The stock's GF Value™ is €280.45, compared to a current price of €255.10 — trading 9% below its estimated fair value. The current Debt-to-EBITDA is 3.10, which is near median its 10-year median of 3.02 and 162.7% above the Insurance industry median of 1.18. Willis Towers Watson's overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Willis Towers Watson (FRA:WTY), the current Debt-to-EBITDA is 3.10 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Willis Towers Watson (FRA:WTY) Overvalued in 2026?
Based on GuruFocus' analysis, Willis Towers Watson stock appears to be undervalued.
The current stock price of €255.10 is trading 9% below its estimated GF Value™ of €280.45.
GuruFocus considers Willis Towers Watson to be Fairly Valued.
Key valuation signals for FRA:WTY:
Debt-to-EBITDA: 3.10 (near median its 10-year median of 3.02)
GF Value™: €280.45 vs. price of €255.10 (9% below fair value)
Industry Position: 162.7% above the Insurance median (#241 of 321)
No single metric tells the full story. See the FRA:WTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Willis Towers Watson PLC is an advisory, broking, and solutions company that provides data-driven, insight-led solutions in the areas of people, risk, and capital. The company's segments include Health, Wealth & Career (HWC) and Risk & Broking (R&B). The HWC segment provides an array of advice, broking, solutions and technology for employee benefit plans, institutional investors, compensation and career programs, and employee experience overall. It focuses on four key areas: Health, Wealth, Career and Benefits Delivery & Outsourcing. The R&B segment provides risk advice, insurance brokerage and consulting services to clients ranging from small businesses to multinational corporations. Its R&B segment includes two businesses: Corporate Risk & Broking and Insurance Consulting and Technology.
77GF Score
Get the complete analysis for FRA:WTY
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:WTY has been successfully added to your 
