MARSH & MCLENNAN COMPANIES, INC. (MRSH) reported revenue of $27.95B and net income of $3.98B for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from MARSH & MCLENNAN COMPANIES, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Insurance Agents, Brokers & Service.
Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.
Income
| Metric | 2026-06-30 |
|---|---|
| Revenue | $27.95B |
| Cost of revenue | Unavailable |
| Gross profit | Unavailable |
| Operating income | $6.04B |
| Net income | $3.98B |
| Research & development | Unavailable |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $5.35B |
| Income tax expense | $1.28B |
| Diluted EPS | Unavailable |
| Selling, general & administrative | Unavailable |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-06-30 |
|---|---|
| Cash & equivalents | $1.70B |
| Total assets | $59.68B |
| Current assets | $24.33B |
| Total liabilities | Unavailable |
| Current liabilities | $21.36B |
| Total equity incl. NCI | $15.43B |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | Unavailable |
| Accounts receivable | $8.94B |
| Goodwill | $24.35B |
| Long-term debt | $18.89B |
| Accounts payable | Unavailable |
Cash flow
| Metric | 2026-06-30 |
|---|---|
| Operating cash flow | $5.08B |
| Capital expenditures | $311.00M |
| Investing cash flow | -$1.02B |
| Financing cash flow | -$3.49B |
| Net change in cash | $355.00M |
| Stock-based compensation | $419.00M |
| Common dividends paid | $1.77B |
| Common share repurchases | $2.92B |
| Depreciation & amortization | $361.00M |
Derived
| Metric | 2026-06-30 |
|---|---|
| Free cash flow | $4.77B |
| Gross margin | Unavailable |
| Operating margin | 21.6% |
| FCF margin | 17.1% |
| SBC / revenue | 1.5% |
| Current ratio | 1.14x |
| Revenue YoY growth | 8.3% |
| Net margin | 14.2% |
| R&D / revenue | Unavailable |
| CapEx / revenue | 1.1% |
| Long-term debt / equity | 1.22x |
| Effective tax rate | 23.9% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MRSH in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.