Marsh & McLennan Companies, Inc. (MRSH)
Financial Services · Insurance Brokers · NYSE
Marsh & McLennan Companies, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.21B | $14.02B | $14.95B | $16.65B | $17.22B | $19.82B | $20.72B | $22.74B | $24.46B | $26.98B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $1.77B | $1.49B | $1.65B | $1.74B | $2.02B | $3.14B | $3.05B | $3.76B | $4.06B | $4.16B |
| Net margin | 13.4% | 10.6% | 11.0% | 10.5% | 11.7% | 15.9% | 14.7% | 16.5% | 16.6% | 15.4% |
Source: Marsh & McLennan Companies, Inc. SEC filings (10-K). 19 years of history available in the interactive view.
What growth is priced into MRSH stock?
At today's market cap of $79.75B, Marsh & McLennan Companies, Inc. is priced for free-cash-flow growth of about 4.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $5.00B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 10.5%/yr over the last five fiscal years and revenue 9.4%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 19 years of Marsh & McLennan Companies, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Marsh & McLennan Companies, Inc. financial history by metric
About Marsh & McLennan Companies, Inc.
Marsh & McLennan Companies, Inc., a professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people worldwide. The company operates through Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment offers risk management services, such as risk management, insurance broking, insurance program management, risk consulting, analytical modeling, and alternative risk financing services. This segment also offers insurance and reinsurance broking, strategic advisory and actuarial services, and analytics solutions. It serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, wealth and career advice, solutions and products; and specialized management, strategic, economic, and brand consulting services. Marsh & McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York.
Marsh & McLennan Companies, Inc. — frequently asked questions
What is Marsh & McLennan Companies, Inc.'s revenue?
Marsh & McLennan Companies, Inc. (MRSH) reported revenue of $26.98B for fiscal year 2025, up 10.3% from the prior year, according to its SEC filings.
Is Marsh & McLennan Companies, Inc. profitable?
Yes. MRSH earned net income of $4.16B in fiscal 2025, a net margin of 15.4%.
What is MRSH's P/E ratio?
Marsh & McLennan Companies, Inc. trades at a price-to-earnings ratio of about 20.7 based on the latest data in our nightly-refreshed cache.
How fast is Marsh & McLennan Companies, Inc. growing?
MRSH's revenue grew at roughly 9.4% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Marsh & McLennan Companies, Inc. have?
As of fiscal year 2025, MRSH carried roughly $19.59B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Marsh & McLennan Companies, Inc.'s market cap?
Marsh & McLennan Companies, Inc. (MRSH) has a market capitalization of about $79.75B, based on the latest data in our nightly-refreshed cache.
When does Marsh & McLennan Companies, Inc.'s fiscal year end?
MRSH's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into MRSH stock?
At today's market cap of $79.75B, Marsh & McLennan Companies, Inc. is priced for free-cash-flow growth of about 4.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $5.00B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 10.5%/yr over the last five fiscal years and revenue 9.4%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Marsh & McLennan Companies, Inc.'s official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.