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Current Assets

Cash & Equivalents

MRSH Cash & Equivalents decreased by 40.0% to $1.61B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.4%, from $1.6B to $1.61B. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows an upward trend with a 5.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2012
Last reportedQ1 2026Apr 16, 2026

How to read this metric

An increase suggests strong liquidity and potential for acquisitions or dividends, while a decrease may indicate heavy capital deployment or operational cash burn.

Detailed definition

This represents the most liquid assets held by the firm, including physical currency, bank deposits, and short-term inve...

Peer comparison

Peers in professional services typically maintain sufficient cash to cover short-term liabilities and working capital needs.

Metric ID: cash_and_equivalents

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$888M$1.4B$1.75B$772M$909M$802M$1.44B$1.01B$1.17B$2.9B$3.36B$1.45B$1.65B$1.8B$2.4B$1.6B$1.68B$2.51B$2.69B$1.61B
QoQ Change+57.4%+25.3%-55.9%+17.7%-11.8%+79.8%-30.2%+16.4%+147.7%+15.8%-56.8%+13.8%+8.8%+33.4%-33.1%+4.6%+49.7%+7.0%-40.0%
YoY Change+2.4%-42.6%-17.7%+30.3%+28.8%+261.7%+132.9%+44.3%+41.2%-38.0%-28.6%+10.5%+1.5%+39.7%+12.1%+0.4%
Range$772M$3.36B
CAGR+13.4%
Avg YoY Growth+29.9%
Median YoY Growth+11.3%

Frequently Asked Questions

What is MRSH's cash & equivalents?
MRSH (MRSH) reported cash & equivalents of $1.61B in Q1 2026.
How has MRSH's cash & equivalents changed year-over-year?
MRSH's cash & equivalents increased by 0.4% year-over-year, from $1.6B to $1.61B.
What is the long-term trend for MRSH's cash & equivalents?
Over 5 years (2020 to 2025), MRSH's cash & equivalents has grown at a 5.2% compound annual growth rate (CAGR), from $2.09B to $2.69B.
What does cash & equivalents mean?
The total amount of cash and highly liquid investments readily available for use.