Marsh & Mclennan Companies, Inc.

Global professional services firm

MRSH NYSE SEC CIK 62709
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Financials

Reported figures only · latest: Q2 2026 USD · US GAAP
Revenue, last quarter $7.4B +6.2% vs same quarter last year
Net income $1.3B +4.5% vs same quarter last year
EPS, diluted $2.63 +7.3% vs same quarter last year
Operating cash flow $1.5B −8.9% vs same quarter last year
Revenue by quarter
$5.7B
$6.1B
$7.1B
$7B
$6.4B
$6.6B
$7.6B
$7.4B
Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26

Source: SEC XBRL filings · latest filing

The long view

Fiscal years as reported · SEC XBRL filings, US GAAP
Revenue and net income15 fiscal years
  • Revenue
  • Net income
$0$10B$20B$30BFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearRevenueNet income
FY25$27B$4.2B
FY24$24.5B$4.1B
FY23$22.7B$3.8B
FY22$20.7B$3.1B
FY21$19.8B$3.1B
FY20$17.2B$2B
FY19$16.7B$1.7B
FY18$15B$1.7B
FY17$14B$1.5B
FY16$13.2B$1.8B
FY15-$1.6B
FY14-$1.5B
FY13-$1.4B
FY12-$1.2B
FY11-$993M
MarginsShare of revenue
  • Operating margin
  • Net margin
0%10%20%30%FY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearOperating marginNet margin
FY2523.1%15.4%
FY2423.8%16.6%
FY2323.2%16.5%
FY2220.7%14.7%
FY2121.8%15.9%
FY2017.8%11.7%
FY1916.1%10.5%
FY1818.5%11%
FY1718.9%10.6%
FY1618.4%13.4%
FY15--
FY14--
FY13--
FY12--
FY11--
Free cash flowOperating cash flow minus capital expenditure
$0$2B$4B$6BFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearFree cash flow
FY25$5B
FY24$4B
FY23$3.8B
FY22$3B
FY21$3.1B
FY20$3B
FY19$1.9B
FY18$2.1B
FY17$1.6B
FY16$1.8B
FY15$1.6B
FY14$1.8B
FY13$940M
FY12$1B
FY11$1.4B
Returned to shareholdersDividends paid and shares bought back
  • Dividends
  • Buybacks
$0$1B$2B$3B$4BFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearDividendsBuybacks
FY25$1.7B$2B
FY24$1.5B$900M
FY23$1.3B$1.2B
FY22$1.1B$2B
FY21$1B$1.2B
FY20$943M$0
FY19$890M$485M
FY18$807M$675M
FY17$740M$900M
FY16$682M$800M
FY15$632M$1.4B
FY14$582M$800M
FY13$533M$550M
FY12$497M$230M
FY11$480M$361M
Net margin vs the sectorMedian of Financials companies filing with the SEC
  • Marsh & Mclennan Companies
  • Financials median
0%10%20%30%FY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearMarsh & Mclennan CompaniesFinancials median
FY2515.4%19.8%
FY2416.6%19.9%
FY2316.5%17.5%
FY2214.7%22%
FY2115.9%21.5%
FY2011.7%9.9%
FY1910.5%13.7%
FY1811%16.4%
FY1710.6%13.2%
FY1613.4%10.9%
FY15-12.8%
FY14-8.6%
FY13-11.2%
FY12-5.2%
FY11-5.6%

News

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