Discontinued — last reported Q3 '25
Business Segments · Goodwill
Consulting — Goodwill
MRSH Consulting — Goodwill remained flat by 0.0% to $4.70B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.9%, from $4.20B to $4.70B. Over 3 years (FY 2021 to FY 2024), Consulting — Goodwill shows an upward trend with a 3.4% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ3 2025
Rolls up toGoodwill
How to read this metric
Significant increases suggest recent M&A activity; large write-downs may signal that previous acquisitions are underperforming.
Detailed definition
The intangible asset representing the premium paid over the fair value of net identifiable assets during acquisitions wi...
Peer comparison
Common in industries with high M&A activity; compared relative to total segment assets.
Metric ID:
mrsh_segment_consulting_segment_goodwillHistorical Data
18 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.90B | $3.80B | $3.80B | $3.80B | $3.70B | $3.60B | $3.80B | $3.80B | $4.00B | $4.00B | $4.00B | $4.10B | $4.10B | $4.20B | $4.50B | $4.50B | $4.70B | $4.70B |
| QoQ Change | — | -2.6% | +0.0% | +0.0% | -2.6% | -2.7% | +5.6% | +0.0% | +5.3% | +0.0% | +0.0% | +2.5% | +0.0% | +2.4% | +7.1% | +0.0% | +4.4% | +0.0% |
| YoY Change | — | — | — | — | -5.1% | -5.3% | +0.0% | +0.0% | +8.1% | +11.1% | +5.3% | +7.9% | +2.5% | +5.0% | +12.5% | +9.8% | +14.6% | +11.9% |
Range$3.60B – $4.70B
CAGR+4.5%
Avg YoY Growth+5.6%
Median YoY Growth+6.6%
Current Streak12 quarters growth
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Frequently Asked Questions
- What is MRSH's consulting — goodwill?
- MRSH (MRSH) reported consulting — goodwill of $4.70B in Q3 2025.
- How has MRSH's consulting — goodwill changed year-over-year?
- MRSH's consulting — goodwill increased by 11.9% year-over-year, from $4.20B to $4.70B.
- What is the long-term trend for MRSH's consulting — goodwill?
- Over 3 years (2021 to 2024), MRSH's consulting — goodwill has grown at a 3.4% compound annual growth rate (CAGR), from $15.30B to $16.90B.
- What does consulting — goodwill mean?
- The value of intangible assets like brand and reputation acquired through business purchases.