Companies / Financials
MRSH
Marsh McLennan
Insurance Brokers
Insurance BrokersAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health69
Growth58
Profitability69
Cash generationn/a
Balance sheetn/a
Dilution control79
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)8.1%Revenue growth (FY)10.3%Revenue CAGR (3y)9.2%Gross margin—Operating margin23.1%Net margin15.4%Free cash flow margin18.5%R&D / revenue—Stock comp / revenue1.5%Net debt / operating cash flow3.43xCurrent ratio1.10Diluted share count change-0.4%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $19.8B | $20.7B | $22.7B | $24.5B | $27.0B |
| Operating income | $4.3B | $4.3B | $5.3B | $5.8B | $6.2B |
| Net income | $3.1B | $3.0B | $3.8B | $4.1B | $4.2B |
| Operating cash flow | $3.5B | $3.5B | $4.3B | $4.3B | $5.3B |
| Capital expenditure | $406M | $470M | $416M | $316M | $291M |
| Free cash flow | $3.1B | $3.0B | $3.8B | $4.0B | $5.0B |
| Stock-based comp | $348M | $367M | $363M | $368M | $394M |
| Buybacks | $1.2B | $1.9B | $1.1B | $900M | $2.0B |
| Dividends | $1.0B | $1.1B | $1.3B | $1.5B | $1.7B |
| Cash | $1.8B | $1.4B | $3.4B | $2.4B | $2.7B |
| Total debt | $11.0B | $12.0B | $15.1B | $20.5B | $20.9B |
| Equity | $11.2B | $10.7B | $12.4B | $13.5B | $15.3B |
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