Marsh & McLennan Companies revenue and financials
$171.74Change from previous close: +0.77%Absolute change: +$1.31
In the fiscal year ended December 2025, Marsh & McLennan Companies reported revenue of $26.98B (+10.32% year over year). Net income was $4.16B, a net margin of 15.4%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +10.32%
- 2025 vs 2024
- Net income growth
- +2.46%
- 2025 vs 2024
- Net margin
- 15.4%
- 2024: 16.6%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 58,710 | 56,481 | 48,030 | 33,454 | 44,010 | 33,049 | 31,357 | 21,578 | 20,429 | 18,190 |
| Current assets | 23,200 | 22,117 | 21,748 | 8,299 | 8,264 | 8,155 | 7,068 | 5,934 | 5,562 | 4,884 |
| Cash and equivalents | 2,687 | 2,398 | 3,358 | 1,442 | 1,752 | 2,089 | 1,155 | 1,066 | 1,205 | 1,026 |
| Receivables | 8,210 | 7,629 | 6,774 | 6,184 | 5,871 | — | — | — | — | — |
| Net property, plant and equipment | 2,289 | 2,357 | 2,423 | 2,433 | 2,715 | — | — | — | — | — |
| Goodwill | 24,337 | 23,306 | 17,231 | 16,251 | 16,317 | 15,517 | 14,671 | 9,599 | 9,089 | 8,369 |
| Other intangible assets | 5,212 | 5,294 | 3,149 | 3,029 | 3,285 | — | — | — | — | — |
| Long-term investments | 515 | 541 | 449 | 396 | 468 | — | — | — | — | — |
| Current liabilities | 21,060 | 19,518 | 19,795 | 7,172 | 6,654 | 6,556 | 6,679 | 4,924 | 4,262 | 4,082 |
| Accounts payable | 3,561 | 3,316 | 3,332 | 3,214 | 3,086 | — | — | — | — | — |
| Long-term debt | 19,587 | 19,947 | 13,463 | 11,495 | 10,950 | 11,313 | 11,956 | 5,824 | 5,487 | 4,757 |
| Total debt | 21,449 | 21,862 | 15,436 | 13,472 | — | — | — | — | — | — |
| Total liabilities | 43,395 | 42,946 | 35,660 | 33,365 | 23,166 | — | — | — | — | — |
| Total equity (incl. minority) | 15,315 | 13,535 | 12,370 | 10,749 | 11,222 | — | — | — | — | — |
| Retained earnings | 27,767 | 25,306 | 22,759 | 20,301 | 18,389 | — | — | — | — | — |
| Minority interest | 215 | 193 | 179 | 229 | 213 | — | — | — | — | — |