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

208.57 1.81 −0.86%
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 (MRSH) Total debt

Alert me on Total debt

Marsh's total debt at the end of fiscal 2025 was $18.3B, down 5.70% from $19.4B in fiscal 2024. At the end of the quarter to 30 September 2026 it was $18.9B. Over the past ten years it has ranged from $4.4B (fiscal 2015) to $19.4B (fiscal 2024); the current reading is higher than 91% of that period. Marsh ranks 2nd of 22 Insurance Brokers companies by total debt.

Total debt, annual

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Annual newest first

Period Total debt Change
FY2025 $18.3B (5.70%)
FY2024 $19.4B 64.03%
FY2023 $11.8B 5.50%
FY2022 $11.2B 2.69%
FY2021 $10.9B 1.27%
FY2020 $10.8B 0.51%
FY2019 $10.7B 94.94%
FY2018 $5.5B 5.45%
FY2017 $5.2B 16.24%
FY2016 $4.5B 2.11%

Quarterly newest first

Period Total debt Change
Sep 2026 $18.9B (0.01%)
Jun 2026 $18.9B (0.05%)
Mar 2026 $18.9B 3.17%
Dec 2025 $18.3B 0.02%
43 more quarters

Against its own ten years

Low $4.4B High $19.4B
Ten-year median $10.8B
Current reading's percentile 91

Total debt against peers

What Total debt is

Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.

Long Term Debt (Total) + Current Part of Debt

The full definition of Total debt →

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