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
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Marsh (MRSH) Return on equity
Marsh's return on equity over the twelve months to 30 September 2026 was 26.7%, down 2.1 percentage points from fiscal 2025 (28.8%). Over the past ten years it has ranged from 21.8% (fiscal 2017) to 32.5% (fiscal 2023); the current reading is higher than 73% of that period. That is above the Insurance Brokers industry median of 2.99% and above the Financial sector median of 9.13%.
Return on equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 28.8% | (2.51) |
| FY2024 | 31.4% | (1.14) |
| FY2023 | 32.5% | 4.73 |
| FY2022 | 27.8% | (2.93) |
| FY2021 | 30.7% | 7.25 |
| FY2020 | 23.4% | 1.00 |
| FY2019 | 22.4% | 0.48 |
| FY2018 | 22.0% | 0.20 |
| FY2017 | 21.8% | (5.71) |
| FY2016 | 27.5% | 4.19 |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| AON Aon plc compare | 43.0% |
| CRVL CorVel Corp. compare | 30.6% |
| MRSH Marsh | 26.7% |
| ERIE Erie Indemnity Company compare | 23.7% |
| WTW Willis Towers Watson Public Limited Company compare | 20.0% |
| RYAN Ryan Specialty Holdings Inc. compare | 14.6% |
| BRO Brown & Brown, Inc. compare | 9.63% |
| AJG Arthur J. Gallagher & Co. compare | 7.18% |
| BWIN Baldwin Insurance Group, Inc. compare | −6.58% |
| Insurance Brokers industry median | 2.99% |
| Financial sector median | 9.13% |
| Market median | 1.01% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on MRSH
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement