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 revenue7,4047,5976,5956,3516,9747,0616,0675,6976,2216,4735,5545,382
Cost of revenue4,0914,0483,7833,8423,8473,8073,4003,3743,3883,4033,0103,225
Gross profit3,3133,5492,8122,5093,1273,2542,6672,3232,8333,0702,5442,157
Operating income1,9491,8491,6781,2221,8772,0481,6041,1761,7081,9951,5271,063
EBIT1,9491,8491,6781,2221,8772,0481,6041,1761,7081,9951,5271,063
EBITDA2,1762,0761,9061,4462,1082,2751,8051,3561,8842,1841,7131,243
Interest expense250240235237243245231154156159151145
Pre-tax income1,7021,5811,0561,0101,6461,8271,0091,0351,5651,8711,048930
Income tax411395222253415415208283425447283192
Net income1,2661,1468217471,2111,3817887471,1251,400756730
Net income to common shareholders1,2661,1468217471,2111,3817887471,1251,400756730
Basic EPS2.642.371.691.522.462.811.601.522.292.851.531.48
Diluted EPS2.632.361.681.512.452.791.591.512.272.821.521.47
Average shares (basic)480484487492492492491492492492493494
Average shares (diluted)482486490495495495496496496497498499
Dividend per share0.990.900.900.900.900.820.820.820.820.710.710.71