Marsh & McLennan Companies, Inc.
MRSHNYSECIK 62709FinancialsFiscal year ends Dec 31
Latest reported revenue, Q3 FY2026$6.86bnRevenue, Q3 FY2026, three months to 2026-09-30$6.86bn. XBRL concept
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Report this figureThree months to Sep 30, 2026, from the 10-Q filed Oct 15, 2026.Latest quarter: Q3 FY2026
Three months to Sep 30, 2026, against the same quarter a year earlier.
- Revenue$6.86bnRevenue, Q3 FY2026, three months to 2026-09-30$6.86bn. XBRL concept
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Report this figure+8.1% on a year earlier - Gross marginnot reported (Gross profit not reported)No year-earlier figure to compare
- Operating margin17.7%Operating margin, Q3 FY2026, three months to 2026-09-30. operating income / revenueOperating income: $1.22bn. XBRL concept
us-gaap:OperatingIncomeLoss. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Revenue: $6.86bn. XBRL conceptus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Report this figure−0.7 pts on a year earlier - Net margin11.8%Net margin, Q3 FY2026, three months to 2026-09-30. net income / revenueNet income: $808.0m. XBRL concept
us-gaap:NetIncomeLoss. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Revenue: $6.86bn. XBRL conceptus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Report this figure+0.0 pts on a year earlier - Diluted EPS$1.69Diluted EPS, Q3 FY2026, three months to 2026-09-30$1.69 per share. XBRL concept
us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Report this figure+11.9% on a year earlier - Free cash flow$1.40bnFree cash flow, Q3 FY2026, three months to 2026-09-30. operating cash flow − capital expenditureOperating cash flow: $1.48bn. XBRL concept
us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-10-15, accession 0000062709-26-000258. Derived: 9-month figure less the 6-month figure.Capital expenditure: $81.0m. XBRL conceptus-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-10-15, accession 0000062709-26-000258. Derived: 9-month figure less the 6-month figure.Report this figure−30.5% on a year earlier
Last eight quarters
Full statements| Line item | Unit | Q4 FY20242024-12-31 | Q1 FY20252025-03-31 | Q2 FY20252025-06-30 | Q3 FY20252025-09-30 | Q4 FY20252025-12-31 | Q1 FY20262026-03-31 | Q2 FY20262026-06-30 | Q3 FY20262026-09-30 | Shape over the periods |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $m | 6,067Revenue, Q4 FY2024, three months to 2024-12-31$6.07bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-09, accession 0000062709-26-000022. Derived: 12-month figure less the 9-month figure.Report this figure | 7,061Revenue, Q1 FY2025, three months to 2025-03-31$7.06bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-16, accession 0000062709-26-000098.Report this figure | 6,974Revenue, Q2 FY2025, three months to 2025-06-30$6.97bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-07-21, accession 0000062709-26-000195.Report this figure | 6,351Revenue, Q3 FY2025, three months to 2025-09-30$6.35bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Report this figure | 6,595Revenue, Q4 FY2025, three months to 2025-12-31$6.59bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-09, accession 0000062709-26-000022. Derived: 12-month figure less the 9-month figure.Report this figure | 7,597Revenue, Q1 FY2026, three months to 2026-03-31$7.60bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-16, accession 0000062709-26-000098.Report this figure | 7,404Revenue, Q2 FY2026, three months to 2026-06-30$7.40bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-07-21, accession 0000062709-26-000195.Report this figure | 6,863Revenue, Q3 FY2026, three months to 2026-09-30$6.86bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Report this figure | |
| Gross margin | % | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | |
| Operating margin | % | 18.8%Operating margin, Q4 FY2024, three months to 2024-12-31. operating income / revenueOperating income: $1.14bn. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-09, accession 0000062709-26-000022. Derived: 12-month figure less the 9-month figure.Revenue: $6.07bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-09, accession 0000062709-26-000022. Derived: 12-month figure less the 9-month figure.Report this figure | 28.4%Operating margin, Q1 FY2025, three months to 2025-03-31. operating income / revenueOperating income: $2.00bn. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-04-16, accession 0000062709-26-000098.Revenue: $7.06bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-16, accession 0000062709-26-000098.Report this figure | 26.2%Operating margin, Q2 FY2025, three months to 2025-06-30. operating income / revenueOperating income: $1.83bn. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-07-21, accession 0000062709-26-000195.Revenue: $6.97bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-07-21, accession 0000062709-26-000195.Report this figure | 18.4%Operating margin, Q3 FY2025, three months to 2025-09-30. operating income / revenueOperating income: $1.17bn. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Revenue: $6.35bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Report this figure | 18.5%Operating margin, Q4 FY2025, three months to 2025-12-31. operating income / revenueOperating income: $1.22bn. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-09, accession 0000062709-26-000022. Derived: 12-month figure less the 9-month figure.Revenue: $6.59bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-09, accession 0000062709-26-000022. Derived: 12-month figure less the 9-month figure.Report this figure | 23.1%Operating margin, Q1 FY2026, three months to 2026-03-31. operating income / revenueOperating income: $1.75bn. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-04-16, accession 0000062709-26-000098.Revenue: $7.60bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-16, accession 0000062709-26-000098.Report this figure | 25.6%Operating margin, Q2 FY2026, three months to 2026-06-30. operating income / revenueOperating income: $1.90bn. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-07-21, accession 0000062709-26-000195.Revenue: $7.40bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-07-21, accession 0000062709-26-000195.Report this figure | 17.7%Operating margin, Q3 FY2026, three months to 2026-09-30. operating income / revenueOperating income: $1.22bn. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Revenue: $6.86bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Report this figure | |
| Net margin | % | 13.0%Net margin, Q4 FY2024, three months to 2024-12-31. net income / revenueNet income: $788.0m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-09, accession 0000062709-26-000022. Derived: 12-month figure less the 9-month figure.Revenue: $6.07bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-09, accession 0000062709-26-000022. Derived: 12-month figure less the 9-month figure.Report this figure | 19.6%Net margin, Q1 FY2025, three months to 2025-03-31. net income / revenueNet income: $1.38bn. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-04-16, accession 0000062709-26-000098.Revenue: $7.06bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-16, accession 0000062709-26-000098.Report this figure | 17.4%Net margin, Q2 FY2025, three months to 2025-06-30. net income / revenueNet income: $1.21bn. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-07-21, accession 0000062709-26-000195.Revenue: $6.97bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-07-21, accession 0000062709-26-000195.Report this figure | 11.8%Net margin, Q3 FY2025, three months to 2025-09-30. net income / revenueNet income: $747.0m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Revenue: $6.35bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Report this figure | 12.4%Net margin, Q4 FY2025, three months to 2025-12-31. net income / revenueNet income: $821.0m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-09, accession 0000062709-26-000022. Derived: 12-month figure less the 9-month figure.Revenue: $6.59bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-09, accession 0000062709-26-000022. Derived: 12-month figure less the 9-month figure.Report this figure | 15.1%Net margin, Q1 FY2026, three months to 2026-03-31. net income / revenueNet income: $1.15bn. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-04-16, accession 0000062709-26-000098.Revenue: $7.60bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-16, accession 0000062709-26-000098.Report this figure | 17.1%Net margin, Q2 FY2026, three months to 2026-06-30. net income / revenueNet income: $1.27bn. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-07-21, accession 0000062709-26-000195.Revenue: $7.40bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-07-21, accession 0000062709-26-000195.Report this figure | 11.8%Net margin, Q3 FY2026, three months to 2026-09-30. net income / revenueNet income: $808.0m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Revenue: $6.86bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Report this figure | |
| Diluted EPS | $ per share | not reported (Diluted EPS not reported) | 2.79Diluted EPS, Q1 FY2025, three months to 2025-03-31$2.79 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-04-16, accession 0000062709-26-000098.Report this figure | 2.45Diluted EPS, Q2 FY2025, three months to 2025-06-30$2.45 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-07-21, accession 0000062709-26-000195.Report this figure | 1.51Diluted EPS, Q3 FY2025, three months to 2025-09-30$1.51 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Report this figure | not reported (Diluted EPS not reported) | 2.36Diluted EPS, Q1 FY2026, three months to 2026-03-31$2.36 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-04-16, accession 0000062709-26-000098.Report this figure | 2.63Diluted EPS, Q2 FY2026, three months to 2026-06-30$2.63 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-07-21, accession 0000062709-26-000195.Report this figure | 1.69Diluted EPS, Q3 FY2026, three months to 2026-09-30$1.69 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-10-15, accession 0000062709-26-000258.Report this figure | |
| Free cash flow | $m | 1,880Free cash flow, Q4 FY2024, three months to 2024-12-31. operating cash flow − capital expenditureOperating cash flow: $1.96bn. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-09, accession 0000062709-26-000022. Derived: 12-month figure less the 9-month figure.Capital expenditure: $76.0m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-09, accession 0000062709-26-000022. Derived: 12-month figure less the 9-month figure.Report this figure | (677)Free cash flow, Q1 FY2025, three months to 2025-03-31. operating cash flow − capital expenditureOperating cash flow: −$622.0m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-04-16, accession 0000062709-26-000098.Capital expenditure: $55.0m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-04-16, accession 0000062709-26-000098.Report this figure | 1,612Free cash flow, Q2 FY2025, three months to 2025-06-30. operating cash flow − capital expenditureOperating cash flow: $1.67bn. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-07-21, accession 0000062709-26-000195. Derived: 6-month figure less the 3-month figure.Capital expenditure: $59.0m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-07-21, accession 0000062709-26-000195. Derived: 6-month figure less the 3-month figure.Report this figure | 2,010Free cash flow, Q3 FY2025, three months to 2025-09-30. operating cash flow − capital expenditureOperating cash flow: $2.08bn. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-10-15, accession 0000062709-26-000258. Derived: 9-month figure less the 6-month figure.Capital expenditure: $72.0m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-10-15, accession 0000062709-26-000258. Derived: 9-month figure less the 6-month figure.Report this figure | 2,056Free cash flow, Q4 FY2025, three months to 2025-12-31. operating cash flow − capital expenditureOperating cash flow: $2.16bn. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-09, accession 0000062709-26-000022. Derived: 12-month figure less the 9-month figure.Capital expenditure: $105.0m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-09, accession 0000062709-26-000022. Derived: 12-month figure less the 9-month figure.Report this figure | (750)Free cash flow, Q1 FY2026, three months to 2026-03-31. operating cash flow − capital expenditureOperating cash flow: −$688.0m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-04-16, accession 0000062709-26-000098.Capital expenditure: $62.0m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-04-16, accession 0000062709-26-000098.Report this figure | 1,451Free cash flow, Q2 FY2026, three months to 2026-06-30. operating cash flow − capital expenditureOperating cash flow: $1.52bn. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-07-21, accession 0000062709-26-000195. Derived: 6-month figure less the 3-month figure.Capital expenditure: $72.0m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-07-21, accession 0000062709-26-000195. Derived: 6-month figure less the 3-month figure.Report this figure | 1,397Free cash flow, Q3 FY2026, three months to 2026-09-30. operating cash flow − capital expenditureOperating cash flow: $1.48bn. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-10-15, accession 0000062709-26-000258. Derived: 9-month figure less the 6-month figure.Capital expenditure: $81.0m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-10-15, accession 0000062709-26-000258. Derived: 9-month figure less the 6-month figure.Report this figure |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Last five fiscal years
| Line item | Unit | FY20212021-12-31 | FY20222022-12-31 | FY20232023-12-31 | FY20242024-12-31 | FY20252025-12-31 | Shape over the periods |
|---|---|---|---|---|---|---|---|
| Revenue | $bn | 19.8Revenue, FY2021, twelve months to 2021-12-31$19.82bn. XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. 10-K filed 2024-02-12, accession 0000062709-24-000016.Report this figure | 20.7Revenue, FY2022, twelve months to 2022-12-31$20.72bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-02-10, accession 0000062709-25-000015.Report this figure | 22.7Revenue, FY2023, twelve months to 2023-12-31$22.74bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-09, accession 0000062709-26-000022.Report this figure | 24.5Revenue, FY2024, twelve months to 2024-12-31$24.46bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-09, accession 0000062709-26-000022.Report this figure | 27.0Revenue, FY2025, twelve months to 2025-12-31$26.98bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-09, accession 0000062709-26-000022.Report this figure | |
| Gross margin | % | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | |
| Operating margin | % | 21.8%Operating margin, FY2021, twelve months to 2021-12-31. operating income / revenueOperating income: $4.31bn. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2024-02-12, accession 0000062709-24-000016.Revenue: $19.82bn. XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. 10-K filed 2024-02-12, accession 0000062709-24-000016.Report this figure | 20.7%Operating margin, FY2022, twelve months to 2022-12-31. operating income / revenueOperating income: $4.28bn. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2025-02-10, accession 0000062709-25-000015.Revenue: $20.72bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-02-10, accession 0000062709-25-000015.Report this figure | 23.2%Operating margin, FY2023, twelve months to 2023-12-31. operating income / revenueOperating income: $5.28bn. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-09, accession 0000062709-26-000022.Revenue: $22.74bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-09, accession 0000062709-26-000022.Report this figure | 23.8%Operating margin, FY2024, twelve months to 2024-12-31. operating income / revenueOperating income: $5.82bn. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-09, accession 0000062709-26-000022.Revenue: $24.46bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-09, accession 0000062709-26-000022.Report this figure | 23.1%Operating margin, FY2025, twelve months to 2025-12-31. operating income / revenueOperating income: $6.22bn. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-09, accession 0000062709-26-000022.Revenue: $26.98bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-09, accession 0000062709-26-000022.Report this figure | |
| Net margin | % | 15.9%Net margin, FY2021, twelve months to 2021-12-31. net income / revenueNet income: $3.14bn. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2024-02-12, accession 0000062709-24-000016.Revenue: $19.82bn. XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. 10-K filed 2024-02-12, accession 0000062709-24-000016.Report this figure | 14.7%Net margin, FY2022, twelve months to 2022-12-31. net income / revenueNet income: $3.05bn. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2025-02-10, accession 0000062709-25-000015.Revenue: $20.72bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-02-10, accession 0000062709-25-000015.Report this figure | 16.5%Net margin, FY2023, twelve months to 2023-12-31. net income / revenueNet income: $3.76bn. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-09, accession 0000062709-26-000022.Revenue: $22.74bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-09, accession 0000062709-26-000022.Report this figure | 16.6%Net margin, FY2024, twelve months to 2024-12-31. net income / revenueNet income: $4.06bn. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-09, accession 0000062709-26-000022.Revenue: $24.46bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-09, accession 0000062709-26-000022.Report this figure | 15.4%Net margin, FY2025, twelve months to 2025-12-31. net income / revenueNet income: $4.16bn. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-09, accession 0000062709-26-000022.Revenue: $26.98bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-09, accession 0000062709-26-000022.Report this figure | |
| Diluted EPS | $ per share | 6.13Diluted EPS, FY2021, twelve months to 2021-12-31$6.13 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2024-02-12, accession 0000062709-24-000016.Report this figure | 6.04Diluted EPS, FY2022, twelve months to 2022-12-31$6.04 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2025-02-10, accession 0000062709-25-000015.Report this figure | 7.53Diluted EPS, FY2023, twelve months to 2023-12-31$7.53 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-02-09, accession 0000062709-26-000022.Report this figure | 8.18Diluted EPS, FY2024, twelve months to 2024-12-31$8.18 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-02-09, accession 0000062709-26-000022.Report this figure | 8.43Diluted EPS, FY2025, twelve months to 2025-12-31$8.43 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-02-09, accession 0000062709-26-000022.Report this figure | |
| Free cash flow | $bn | 3.1Free cash flow, FY2021, twelve months to 2021-12-31. operating cash flow − capital expenditureOperating cash flow: $3.52bn. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2024-02-12, accession 0000062709-24-000016.Capital expenditure: $406.0m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2024-02-12, accession 0000062709-24-000016.Report this figure | 3.0Free cash flow, FY2022, twelve months to 2022-12-31. operating cash flow − capital expenditureOperating cash flow: $3.46bn. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2025-02-10, accession 0000062709-25-000015.Capital expenditure: $470.0m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2025-02-10, accession 0000062709-25-000015.Report this figure | 3.8Free cash flow, FY2023, twelve months to 2023-12-31. operating cash flow − capital expenditureOperating cash flow: $4.26bn. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-09, accession 0000062709-26-000022.Capital expenditure: $416.0m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-09, accession 0000062709-26-000022.Report this figure | 4.0Free cash flow, FY2024, twelve months to 2024-12-31. operating cash flow − capital expenditureOperating cash flow: $4.30bn. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-09, accession 0000062709-26-000022.Capital expenditure: $316.0m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-09, accession 0000062709-26-000022.Report this figure | 5.0Free cash flow, FY2025, twelve months to 2025-12-31. operating cash flow − capital expenditureOperating cash flow: $5.29bn. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-09, accession 0000062709-26-000022.Capital expenditure: $291.0m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-09, accession 0000062709-26-000022.Report this figure |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Insider purchases and sales
All insider transactionsThe last 20 open-market transactions reported on Form 4 (codes P and S). The reported price is the price per share the insider stated on the form: filing data, not a market price.
| Date | Insider | Transaction | Shares | Reported price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-10-23 | Klisura Dean MichaelPresident & CEO, Marsh RE, Officer | Sale | 4,194 | $200.00 | $838.8k | Form 4 |
| 2026-10-23 | Mills StacyVice President and Controller, Officer | Sale | 1,215 | $200.00 | $243.0k | Form 4 |
Funds that report holding it
All fundsFrom each manager's latest Form 13F, largest reported value first. Reported value is as filed at the quarter end: filing data, not a price. A put or call is an option position, not shares held.
| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
|---|---|---|---|---|---|
| BlackRock, Inc. | 2026-06-30 | $6.58bn | 39,502,046 | Reduced−2,559,630 | |
| VANGUARD CAPITAL MANAGEMENT LLC | 2026-06-30 | $5.25bn | 31,472,575 | Added+4,901 | |
| STATE STREET CORP | 2026-06-30 | $3.73bn | 22,401,676 | Added+330,731 | |
| Capital World Investors | 2026-06-30 | $3.02bn | 18,122,340 | Added+153,158 | |
| WELLINGTON MANAGEMENT GROUP LLP | 2026-06-30 | $2.83bn | 16,975,238 | Reduced−395,471 | |
| Capital International Investors | 2026-06-30 | $2.62bn | 15,729,457 | Added+15,604 | |
| GEODE CAPITAL MANAGEMENT, LLC | 2026-06-30 | $2.25bn | 13,510,274 | Added+106,102 | |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2026-06-30 | $2.10bn | 12,570,512 | Added+142,566 | |
| Capital Research Global Investors | 2026-06-30 | $1.83bn | 10,973,649 | Reduced−327,539 | |
| HARRIS ASSOCIATES L P | 2026-06-30 | $1.45bn | 8,687,496 | Added+3,518,377 |
Recent filings
All 2,009 filingsReports and events: 10-K, 10-Q, 8-K, proxy statements and ownership schedules.
| Filed | Form | What it is | Accession number |
|---|---|---|---|
| 2026-10-2716:00 ET | 8-K | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-434167 |
| 2026-10-1508:16 ET | 10-Q | Quarterly reportPeriod 2026-09-30 | 0000062709-26-000258 |
| 2026-10-1508:05 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000062709-26-000256 |
| 2026-07-2108:13 ET | 10-Q | Quarterly reportPeriod 2026-06-30 | 0000062709-26-000195 |
| 2026-07-2107:02 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000062709-26-000193 |
| 2026-06-0417:32 ET | 8-K | 1.01 Entry into a material agreement; 1.02 Termination of a material agreement; 9.01 Financial statements and exhibits | 0000062709-26-000167 |
| 2026-05-2216:02 ET | 8-K | 5.07 Shareholder vote results | 0000062709-26-000128 |
| 2026-04-1608:11 ET | 10-Q | Quarterly reportPeriod 2026-03-31 | 0000062709-26-000098 |
| 2026-04-1607:02 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000062709-26-000096 |
| 2026-04-1408:22 ET | 8-K | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0000950103-26-005674 |
Latest annual report
Form 10-K for the fiscal year ended Dec 31, 2025Filed Feb 9, 2026. Its page lists the documents and the extracted sections, such as Business and Risk factors.
Forecast league
Not in this season’s league. The league lists companies whose quarter has ended and whose results are not yet filed.This season’s league
About the filer
- CIK
- 62709
- Tickers
- MRSH
- Exchange
- NYSE
- SIC code
- 6411 Insurance Agents, Brokers & Service
- Sector
- Financials
- Fiscal year ends
- Dec 31
- Incorporated in
- DE
- Filer category
- Large accelerated filer
- Former names
- MARSH & MCLENNAN COMPANIES INC (to 2005-01-31)
Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 16:17 ET. Listed shows no prices and gives no investment advice.