Marsh & McLennan Companies revenue and financials

MRSH · NYSE · USD

$171.74+0.77%+$1.31

Close · October 6, 2026

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%.

Annual revenue · 2025: $26.98B
  1. $13.21B2016
  2. $14.02B2017
  3. $14.95B2018
  4. $16.65B2019
  5. $17.22B2020
  6. $19.82B2021
  7. $20.72B2022
  8. $22.74B2023
  9. $24.46B2024
  10. $26.98B2025

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.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets59,68258,55258,71058,78358,55557,01556,48149,86448,59147,57248,03048,000
Current assets24,33323,23623,20023,69923,33422,46122,11722,28622,02221,29921,74822,279
Cash and equivalents1,7001,6112,6872,5111,6771,6042,3981,7981,6531,4523,3582,901
Receivables9,5879,0048,2108,4638,9948,3747,6297,8558,1697,6046,7746,917
Net property, plant and equipment2,2342,2742,2892,2562,3102,3172,3572,3712,3472,3712,4232,378
Goodwill24,35224,27324,33723,94923,91923,53823,30618,23517,51617,31417,23116,655
Other intangible assets4,5054,6075,2124,6714,7704,7365,2942,7202,6382,6313,1492,498
Long-term investments551534515510493471541472466462449428
Current liabilities21,35920,90521,06021,09819,40019,77519,51819,60418,86418,66019,79520,605
Accounts payable4,0514,1803,5613,3553,4343,4503,3163,0993,2053,3793,3323,143
Long-term debt18,89118,90018,32018,31718,96018,86219,42812,33012,27812,30011,84411,781
Total debt22,38222,45121,44921,42621,610———————
Total liabilities44,24943,74643,39543,42442,57942,74742,94635,98235,02634,95035,66036,414
Total equity (incl. minority)15,43314,80615,31515,35915,97614,26813,53513,88213,56512,62212,37011,586
Retained earnings29,30128,03727,76726,94827,08825,88125,30624,52024,57823,45622,75922,007
Minority interest250237215206209203193194198200179180