Marsh & McLennan Companies, Inc. (MRSH)
NYSE: MRSH · Real-Time Price · USD
170.82
+0.67 (0.39%)
Apr 28, 2026, 4:00 PM EDT - Market closed
MRSH Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Revenue | 27,517 | 26,981 | 24,458 | 22,736 | 20,720 | 19,820 | Upgrade
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| Revenue Growth (YoY) | 9.87% | 10.32% | 7.57% | 9.73% | 4.54% | 15.07% | Upgrade
|
| Cost of Revenue | 15,450 | 15,209 | 13,565 | 12,712 | 11,725 | 11,110 | Upgrade
|
| Gross Profit | 12,067 | 11,772 | 10,893 | 10,024 | 8,995 | 8,710 | Upgrade
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| Other Operating Expenses | 5,345 | 4,851 | 4,413 | 4,202 | 4,053 | 3,958 | Upgrade
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| Operating Expenses | 5,345 | 4,851 | 4,413 | 4,202 | 4,053 | 3,958 | Upgrade
|
| Operating Income | 6,722 | 6,921 | 6,480 | 5,822 | 4,942 | 4,752 | Upgrade
|
| Interest Expense | -955 | -960 | -700 | -578 | -469 | -444 | Upgrade
|
| Interest & Investment Income | 75 | 82 | 95 | 83 | 36 | 63 | Upgrade
|
| EBT Excluding Unusual Items | 5,842 | 6,043 | 5,875 | 5,327 | 4,509 | 4,371 | Upgrade
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| Merger & Restructuring Charges | -549 | -504 | -395 | -301 | -427 | -163 | Upgrade
|
| Pretax Income | 5,293 | 5,539 | 5,480 | 5,026 | 4,082 | 4,208 | Upgrade
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| Income Tax Expense | 1,285 | 1,305 | 1,363 | 1,224 | 995 | 1,034 | Upgrade
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| Earnings From Continuing Operations | 4,008 | 4,234 | 4,117 | 3,802 | 3,087 | 3,174 | Upgrade
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| Net Income to Company | 4,008 | 4,234 | 4,117 | 3,802 | 3,087 | 3,174 | Upgrade
|
| Minority Interest in Earnings | -83 | -74 | -57 | -46 | -37 | -31 | Upgrade
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| Net Income | 3,925 | 4,160 | 4,060 | 3,756 | 3,050 | 3,143 | Upgrade
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| Net Income to Common | 3,925 | 4,160 | 4,060 | 3,756 | 3,050 | 3,143 | Upgrade
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| Net Income Growth | -2.87% | 2.46% | 8.09% | 23.15% | -2.96% | 55.90% | Upgrade
|
| Shares Outstanding (Basic) | 489 | 491 | 492 | 494 | 499 | 507 | Upgrade
|
| Shares Outstanding (Diluted) | 492 | 494 | 496 | 499 | 505 | 513 | Upgrade
|
| Shares Change (YoY) | -0.76% | -0.40% | -0.60% | -1.19% | -1.56% | 0.19% | Upgrade
|
| EPS (Basic) | 8.03 | 8.47 | 8.25 | 7.60 | 6.11 | 6.20 | Upgrade
|
| EPS (Diluted) | 7.99 | 8.43 | 8.18 | 7.53 | 6.04 | 6.13 | Upgrade
|
| EPS Growth | -1.90% | 3.06% | 8.63% | 24.67% | -1.47% | 55.58% | Upgrade
|
| Free Cash Flow | 4,928 | 5,001 | 3,986 | 3,842 | 2,995 | 3,110 | Upgrade
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| Free Cash Flow Per Share | 10.02 | 10.12 | 8.04 | 7.70 | 5.93 | 6.06 | Upgrade
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| Dividend Per Share | 3.600 | 3.515 | 3.155 | 2.720 | 2.305 | 2.070 | Upgrade
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| Dividend Growth | 10.43% | 11.41% | 15.99% | 18.00% | 11.35% | 11.89% | Upgrade
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| Gross Margin | 43.85% | 43.63% | 44.54% | 44.09% | 43.41% | 43.95% | Upgrade
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| Operating Margin | 24.43% | 25.65% | 26.49% | 25.61% | 23.85% | 23.98% | Upgrade
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| Profit Margin | 14.26% | 15.42% | 16.60% | 16.52% | 14.72% | 15.86% | Upgrade
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| Free Cash Flow Margin | 17.91% | 18.54% | 16.30% | 16.90% | 14.46% | 15.69% | Upgrade
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| EBITDA | 7,632 | 7,831 | 7,226 | 6,535 | 5,661 | 5,499 | Upgrade
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| EBITDA Margin | 27.73% | 29.02% | 29.54% | 28.74% | 27.32% | 27.74% | Upgrade
|
| D&A For EBITDA | 910 | 910 | 746 | 713 | 719 | 747 | Upgrade
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| EBIT | 6,722 | 6,921 | 6,480 | 5,822 | 4,942 | 4,752 | Upgrade
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| EBIT Margin | 24.43% | 25.65% | 26.49% | 25.61% | 23.85% | 23.98% | Upgrade
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| Effective Tax Rate | 24.28% | 23.56% | 24.87% | 24.35% | 24.38% | 24.57% | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.