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Marsh & McLennan Companies, Inc. (MRSH)
NYSE: MRSH · Real-Time Price · USD
199.27
+8.71 (4.57%)
At close: Oct 22, 2026, 4:00 PM EDT
199.90
+0.63 (0.32%)
After-hours: Oct 22, 2026, 7:58 PM EDT

MRSH Balance Sheet

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash & Equivalents
1,8421,7001,6112,6872,5111,6771,6042,3981,7981,6531,4523,3582,9011,1711,0061,4428029097721,752
Cash & Short-Term Investments
1,8421,7001,6112,6872,5111,6771,6042,3981,7981,6531,4523,3582,9011,1711,0061,4428029097721,752
Cash Growth (YoY)
-26.64%1.37%0.44%12.05%39.66%1.45%10.47%-28.59%-38.02%41.16%44.33%132.87%261.72%28.82%30.31%-17.69%-42.63%2.37%-31.07%-16.13%
Accounts Receivable
8,4638,8608,2557,4607,7038,2247,6616,9237,1537,4206,8486,1156,2546,7276,2765,5715,6626,1075,8265,353
Other Receivables
760727749750760770713706702749756659663637790613525558492518
Receivables
9,2239,5879,0048,2108,4638,9948,3747,6297,8558,1697,6046,7746,9177,3647,0666,1846,1876,6656,3185,871
Other Current Assets
13,04213,04612,62112,30312,72512,66312,48312,09012,63312,20012,24311,61612,46112,2671,04111,333585595698641
Total Current Assets
24,10724,33323,23623,20023,69923,33422,46122,11722,28622,02221,29921,74822,27920,8029,11318,9597,5748,1697,7888,264
Property, Plant & Equipment
2,2292,2342,2742,2892,2562,3102,3172,3572,3712,3472,3712,4232,3782,4392,4532,4332,4802,6072,6902,715
Long-Term Investments
568551534515510493471541472466462449428425381396379454474468
Goodwill
24,61324,35224,27324,33723,94923,91923,53823,30618,23517,51617,31417,23116,65516,62116,30016,25115,57615,96316,25416,317
Other Intangible Assets
4,5044,5054,6075,2124,6714,7704,7365,2942,7202,6382,6313,1492,4982,5082,4523,0292,4032,5382,7203,285
Long-Term Deferred Tax Assets
195199193212248280250237242285276357348365369358533537530551
Long-Term Deferred Charges
---460---399---372---347---314
Other Long-Term Assets
3,5903,5083,4352,4853,4503,4493,2422,2303,5383,3173,2192,3013,4143,4063,2902,3413,0783,1723,2322,474
Total Assets
59,80659,68258,55258,71058,78358,55557,01556,48149,86448,59147,57248,03048,00046,56634,35844,11432,02333,44033,68834,388

Liabilities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Accounts Payable
3,5834,0514,1803,5613,3553,4343,4503,3163,0993,2053,3793,3323,1433,1373,4063,2142,9033,0293,0843,086
Accrued Expenses
3,3292,6291,9453,9623,0892,3721,7983,6202,7852,0861,5393,3462,6322,0211,4433,0952,3961,9141,4002,942
Short-Term Debt
1,6231,0241,049--1501,048--74950--508844-600---
Current Portion of Long-Term Debt
216466531,2671,2636196195195185181,1191,6191,8681,8671,2672683671,3111,19117
Current Portion of Leases
324327326333332335327325313304310312303309306310298314331332
Current Income Taxes Payable
485479572373617619554376565505456321480407356221432448308198
Other Current Liabilities
12,74412,20312,18011,56412,44211,87111,97911,36212,32411,49711,80710,86512,17911,56429210,724296-27379
Total Current Liabilities
22,10921,35920,90521,06021,09819,40019,77519,51819,60418,86418,66019,79520,60519,8137,91417,8327,2927,0166,5876,654
Long-Term Debt
18,88918,89118,90018,32018,31718,96018,86219,42812,33012,27812,30011,84411,78110,24710,84111,22710,39910,48710,55210,933
Long-Term Leases
1,4751,4941,5231,5291,5141,5461,5631,5901,6181,5861,6001,6611,6431,6991,7231,6671,6201,7521,8311,880
Pension & Post-Retirement Benefits
6937397527867918168328407047157477798408668969211,3091,4071,5151,632
Long-Term Deferred Tax Liabilities
---537---454---543---522---737
Other Long-Term Liabilities
1,7301,7661,6661,1631,7041,8571,7151,1161,7261,5831,6431,0381,5451,8021,7881,1961,6121,8612,0471,330
Total Liabilities
44,89644,24943,74643,39543,42442,57942,74742,94635,98235,02634,95035,66036,41434,42723,16233,36522,23222,52322,53223,166

Shareholders' Equity

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Common Stock
561561561561561561561561561561561561561561561561561561561561
Additional Paid-In Capital
1,6151,5661,4741,5471,4571,3621,2531,3701,2891,1971,1121,2421,1501,0741,0641,1791,1111,0441,0261,112
Retained Earnings
29,16229,30128,03727,76726,94827,08825,88125,30624,52024,57823,45622,75922,00721,98020,94920,30119,83719,88018,91618,389
Treasury Stock
-11,149-10,670-9,943-9,346-8,372-8,000-7,734-7,655-7,692-7,442-7,198-7,076-6,852-6,599-6,387-6,207-5,896-5,429-4,887-4,478
Comprehensive Income & Other
-5,514-5,575-5,560-5,429-5,441-5,244-5,896-6,240-4,990-5,527-5,509-5,295-5,460-5,055-5,234-5,314-6,048-5,363-4,679-4,575
Total Common Equity
14,67515,18314,56915,10015,15315,76714,06513,34213,68813,36712,42212,19111,40611,96110,95310,5209,56510,69310,93711,009
Minority Interest
235250237215206209203193194198200179180178243229226224219213
Shareholders' Equity
14,91015,43314,80615,31515,35915,97614,26813,53513,88213,56512,62212,37011,58612,13911,19610,7499,79110,91711,15611,222
Total Liabilities & Equity
59,80659,68258,55258,71058,78358,55557,01556,48149,86448,59147,57248,03048,00046,56634,35844,11432,02333,44033,68834,388

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Total Debt
22,33222,38222,45121,44921,42621,61022,41921,86214,77915,43515,37915,43615,59514,63014,98113,47213,28413,86413,90513,162
Net Cash (Debt)
-20,490-20,682-20,840-18,762-18,915-19,933-20,815-19,464-12,981-13,782-13,927-12,078-12,694-13,459-13,975-12,030-12,482-12,955-13,133-11,410
Net Cash Growth (YoY)
--------------------
Net Cash Per Share
-42.78-42.91-42.88-38.29-38.29-40.27-42.05-39.24-26.17-27.79-28.02-24.25-25.44-26.97-27.95-24.01-24.82-25.60-25.80-22.33
Filing Date Shares Outstanding
475.51477.21481.79484.12489.91491.62492.73491.13491.12491.76492.72491.66493.07493.95494.72494.57496.01499.02501.91502.77
Total Common Shares Outstanding
475.41477.92482.17484.86490491.68492.68491.4491.03491.92492.83492492.98494.05494.8494.79496.54499.23502.12503.54
Working Capital
1,9982,9742,3312,1402,6013,9342,6862,5992,6823,1582,6391,9531,6749891,1991,1272821,1531,2011,610
Book Value Per Share
30.8731.7730.2231.1430.9232.0728.5527.1527.8827.1725.2124.7823.1424.2122.1421.2619.2621.4221.7821.86
Tangible Book Value
-14,442-13,674-14,311-14,449-13,467-12,922-14,209-15,258-7,267-6,787-7,523-8,189-7,747-7,168-7,799-8,760-8,414-7,808-8,037-8,593
Tangible Book Value Per Share
-30.38-28.61-29.68-29.80-27.48-26.28-28.84-31.05-14.80-13.80-15.27-16.64-15.71-14.51-15.76-17.70-16.95-15.64-16.01-17.07
Land
---363---364---360---372---385
Machinery
---710---696---776---772---811
Leasehold Improvements
---1,425---1,337---1,308---1,258---1,240