Marsh

MRSH Financial Insurance Brokers

Marsh’s revenue for fiscal 2025 (year ended December 2025) was $27.0 billion, up 10.3% from fiscal 2024.

Revenue
+8.06%
EPS
+11.8%
Free cash flow
−30.5%
Total debt
+3.12%

Quarter to September 2026, against a year earlier

206.48 2.95 −1.41%
Market cap
$99.6B
P/E
24.8×
Fwd P/E
23.3×
Dividend yield
1.81%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Marsh 10-Q filed Apr 16, 2026

Fiscal Q1 2026 · Period ended Mar 31, 2026 · Filed · accepted 8:11 AM ET · Document on sec.gov · Filing index

What changed

Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Oct 16, 2025: 23 added · 39 removed · 79 modified; 14 with only figures updated; 1 moved without change

  1. Added

    References in this report are to Marsh & McLennan Companies, Inc. and its consolidated subsidiaries (the "Company" or "Marsh"), unless the context otherwise requires. Effective January 14, 2026, the Company updated its brand name from Marsh McLennan to Marsh and the brand names of Marsh and Oliver Wyman Group businesses to Marsh Risk and Marsh Management Consulting, respectively. References to the Company and its businesses in this report reflect these changes. Mercer and Guy Carpenter will continue to report under their current brands through a transition period.