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Marsh MRSH Q3 2025 earnings

Reported October 16, 2025 · Before market open

Revenue$6.4BBeat by $26.7M
EPS$1.85Beat by $0.07
Revenue estimate$6.3B
EPS estimate$1.78

Next report

Oct 15, 2026 (In 1 week)
Revenue estimate$6.7B
EPS estimate$1.97

Financials

Q3 2025

Income statement

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Revenue$6.4B+11.5%
Operating income$1.2B+5.6%
Net income$747.0M0.0%
EPS (diluted)$1.510.0%

Balance sheet

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Cash & equivalents$2.5B+39.7%
Total debt$20.2B+36.4%
Total assets$58.8B+17.9%

Cash flow

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Operating cash flow$2.1B+8.9%
CapEx$72.0M-1.4%
Free cash flow$2.0B+9.3%

Valuation & ratios

Profitability

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Operating margin23.2%-0.9pp
Net margin15.6%-1.2pp
FCF margin18.2%+2.5pp

Returns & leverage

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Current ratio1.1×0.0×

FAQ

When did Marsh report Q3 2025 earnings?
Marsh (MRSH) reported Q3 2025 earnings on October 16, 2025 before market open.
What were Marsh's Q3 2025 revenue and EPS?
Marsh reported revenue of $6.4B and eps of $1.85 for Q3 2025.
Did Marsh beat estimates in Q3 2025?
Revenue beat the consensus estimate of $6.3B by $26.7M. EPS beat the consensus estimate of $1.78 by $0.07.
How did Marsh's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 11.5% from $5.7B a year earlier and eps grew 13.5% from $1.63.
Where can I find Marsh's Q3 2025 SEC filings?
You can read the 8-K earnings release (0000062709-25-000123) and the 10-Q periodic report (0000062709-25-000125) directly on SEC EDGAR. The filing index links above go to sec.gov.