• Willis Towers Watson Public average debt/equity ratio for 2023 was 0.47, a 9.3% increase from 2022.
• Willis Towers Watson Public average debt/equity ratio for 2022 was 0.43, a 22.86% increase from 2021.
• Willis Towers Watson Public average debt/equity ratio for 2021 was 0.35, a 23.91% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.