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TOWERS WATSON



Company name in Chinese: 韬睿惠悦 Company name in English: TOWERS WATSON
Headquarters: NewYork, United States of America Country: United States of America
Established: 2010 Website: http://www.towerswatson.com
Main Business: HR Consulting Annual revenue of 2013: 3,597 million dollars
Stock Exchange: New York Stock Exchange Stock Code: TW
About: TOWERS WATSON (NYSE:TW) is a professional services firm focused on providing consulting and other professional services related to employee benefits, human capital and risk and financial management. It provides advisory services on critical human capital management issues to help its clients manage their costs, talent and risk. It offers clients services across three business segments: Benefits, Risk and Financial Services, and Talent and Rewards. Towers Watson was formed on January 1, 2010, from the merger of Towers, Perrin, Forster & Crosby, Inc. (Towers Perrin) and Watson Wyatt Worldwide, Inc. (Watson Wyatt). It helps its clients improve business performance by improving their ability to attract, retain and motivate employees and to manage and mitigate risk. It focuses on delivering consulting services and technology solutions to help organizations anticipate, identify and capitalize on emerging opportunities in benefits and human capital management.

Major financial data in Fiscal 2013(Unit: $ million)

Operating profit Net profit Pre-tax profit Shareholders' equity
472 319 468 2,725
Total assets by the end of 2013 Average total assets Current assets Current liabilities
5,332 5,345 1,712 1,113
Receivable by the end of 2013 Average receivable Total liabilities Interest expense
826 855 2,608 /

Major financial ratios in Fiscal 2013:

Indicator Ratio Compared with industry average Indicator Ratio Compared with industry average
Revenue growth rate 5.2% Higher Net profit margin 8.9% Higher
Total turnover ratio 0.7 Lower ROE 11.7% Higher
Accounts receivable turnover ratio 4.2 Lower Debt-asset ratio 48.9% Higher
ROA 6.0% Higher Current ratio 1.5 Lower
Operating margin 13.1% Higher Times Interest Earned / /