Marsh & McLennan Companies, Inc. (MRSH)
NYSE: MRSH · Real-Time Price · USD
189.89
-4.83 (-2.48%)
Oct 27, 2026, 1:31 PM EDT - Market open
MRSH Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 28,459 | 26,981 | 24,458 | 22,736 | 20,720 | 19,820 |
Revenue Growth | 7.58% | 10.32% | 7.57% | 9.73% | 4.54% | 15.07% |
Gross Profit Gross Profit Growth | 12,658 | 11,772 | 10,893 | 10,024 | 8,995 | 8,710 |
Operating Income Operating Income Growth | 6,972 | 6,921 | 6,480 | 5,822 | 4,942 | 4,752 |
Net Income Net Income Growth | 4,041 | 4,160 | 4,060 | 3,756 | 3,050 | 3,143 |
Earnings Per Share EPS Growth | 8.35 | 8.43 | 8.18 | 7.53 | 6.04 | 6.13 |
EPS Growth | 0.12% | 3.06% | 8.63% | 24.67% | -1.47% | 55.58% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
EMEA EMEA Growth | 4,199 | 3,812 | 3,530 | 3,262 | 2,997 | 3,236 |
Asia Pacific Asia Pacific Growth | 1,547 | 1,460 | 1,414 | 1,295 | 1,215 | 1,172 |
Latin America Latin America Growth | 614 | 571 | 575 | 559 | 502 | 453 |
US / Canada US / Canada Growth | 8,827 | 8,523 | 7,017 | 6,262 | 5,791 | 5,342 |
Reinsurance Reinsurance Growth | 2,493 | 2,496 | 2,362 | 2,258 | 2,020 | 1,867 |
Fiduciary Interest Income Fiduciary Interest Income Growth | 365 | 403 | 497 | 453 | 120 | 15 |
Investments and Retirement Investments and Retirement Growth | 3,013 | 2,819 | 2,584 | 2,507 | 2,366 | 2,509 |
Health and Benefits Health and Benefits Growth | 2,377 | 2,284 | 2,100 | 2,061 | 2,017 | 1,855 |
Workforce and Rewards Workforce and Rewards Growth | 1,158 | 1,087 | 1,059 | 1,019 | 962 | 890 |
Management Consulting Management Consulting Growth | 3,941 | 3,604 | 3,390 | 3,122 | 2,794 | 2,535 |
Revenue (Total) Revenue (Total) Growth | 28,459 | 26,981 | 24,458 | 22,736 | 20,720 | 19,820 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 1,842 | 2,687 | 2,398 | 3,358 | 1,442 | 1,752 |
Total Debt Total Debt Growth | 22,332 | 21,449 | 21,862 | 15,436 | 13,472 | 13,162 |
Net Cash (Debt) Net Cash Growth | -20,490 | -18,762 | -19,464 | -12,078 | -12,030 | -11,410 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -42.31 | -37.98 | -39.24 | -24.20 | -23.82 | -22.24 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 4,474 | 5,292 | 4,302 | 4,258 | 3,465 | 3,516 |
Capital Expenditures CapEx Growth | -320 | -291 | -316 | -416 | -470 | -406 |
Free Cash Flow Free Cash Flow Growth | 4,154 | 5,001 | 3,986 | 3,842 | 2,995 | 3,110 |
Free Cash Flow Growth | -13.91% | 25.46% | 3.75% | 28.28% | -3.70% | 2.50% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 44.48% | 43.63% | 44.54% | 44.09% | 43.41% | 43.95% |
Operating Margin | 24.50% | 25.65% | 26.49% | 25.61% | 23.85% | 23.98% |
Pretax Margin | 18.88% | 20.53% | 22.41% | 22.11% | 19.70% | 21.23% |
Profit Margin | 14.20% | 15.42% | 16.60% | 16.52% | 14.72% | 15.86% |
FCF Margin | 14.60% | 18.54% | 16.30% | 16.90% | 14.46% | 15.69% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Oct '26 Oct 27, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 3.960 | 3.515 | 3.155 | 2.720 | 2.305 | 2.070 |
Dividend Per Share Growth | 10.20% | 11.41% | 15.99% | 18.00% | 11.35% | 11.89% |
Dividend Yield | 2.08% | 1.88% | 1.49% | 1.43% | 1.39% | 1.19% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Oct '26 Oct 27, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 22.74 | 21.85 | 25.69 | 24.87 | 26.91 | 27.92 |
Forward PE | 16.91 | 18.36 | 23.04 | 22.35 | 22.78 | 26.23 |
P/FCF Ratio | 21.80 | 18.17 | 26.17 | 24.32 | 27.41 | 28.22 |
PS Ratio | 3.18 | 3.37 | 4.26 | 4.11 | 3.96 | 4.43 |