What is MRSH's restricted cash?

MRSH (MRSH) reported restricted cash of $11.74B in Q1 2026.

How has MRSH's restricted cash changed year-over-year?

MRSH's restricted cash increased by 1.4% year-over-year, from $11.58B to $11.74B.

What is the long-term trend for MRSH's restricted cash?

Over 3 years (2022 to 2025), MRSH's restricted cash has grown at a 2.5% compound annual growth rate (CAGR), from $10.66B to $11.47B.

What does restricted cash mean?

Cash that is legally tied up and cannot be used for day-to-day operations.

Current Assets

Restricted Cash

MRSH Restricted Cash increased by 2.4% to $11.74B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.4%, from $11.58B to $11.74B. Over 3 years (FY 2022 to FY 2025), Restricted Cash shows relatively stable performance with a 2.5% CAGR.

Analysis

StatementBalance Sheet Statement

SectionCurrent Assets

CategoryLiquidity

SignalContext dependent

VolatilityStable

First reportedQ4 2022

Last reportedQ1 2026Apr 16, 2026

How to read this metric

An increase may signal higher debt service requirements or increased collateral obligations, while a decrease may indicate the release of restricted funds.

Detailed definition

Cash balances that are legally or contractually set aside for specific purposes, such as debt service reserves, collater...

Peer comparison

Common in capital-intensive industries like energy where project financing requires specific reserve accounts.

Metric ID: restricted_cash

Historical Data

13 periods

	Q4 '22	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$10.66B	$11.56B	$11.83B	$10.79B	$11.46B	$11.50B	$11.92B	$11.28B	$11.58B	$11.87B	$12.00B	$11.47B	$11.74B
QoQ Change	—	+8.5%	+2.3%	-8.7%	+6.2%	+0.3%	+3.7%	-5.4%	+2.7%	+2.5%	+1.1%	-4.4%	+2.4%
YoY Change	—	—	—	+1.3%	—	-0.6%	+0.8%	+4.5%	+1.1%	+3.3%	+0.7%	+1.7%	+1.4%

Range$10.66B – $12.00B

CAGR+3.3%

Avg YoY Growth+1.6%

Median YoY Growth+1.3%

Restricted Cash at Other Companies

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Frequently Asked Questions

What is MRSH's restricted cash?: MRSH (MRSH) reported restricted cash of $11.74B in Q1 2026.
How has MRSH's restricted cash changed year-over-year?: MRSH's restricted cash increased by 1.4% year-over-year, from $11.58B to $11.74B.
What is the long-term trend for MRSH's restricted cash?: Over 3 years (2022 to 2025), MRSH's restricted cash has grown at a 2.5% compound annual growth rate (CAGR), from $10.66B to $11.47B.
What does restricted cash mean?: Cash that is legally tied up and cannot be used for day-to-day operations.