What is MRSH's change in income taxes?

MRSH (MRSH) reported change in income taxes of $157M in Q1 2026.

How has MRSH's change in income taxes changed year-over-year?

MRSH's change in income taxes decreased by 11.8% year-over-year, from $178M to $157M.

What does change in income taxes mean?

Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.

MRSH MRSH Change in Income Taxes

Change in Income Taxes at other companies

Aon plcAON

$243M+59.9%

Arthur J. GallagherAJG

$52M+92.6%

AccentureACN

-$146.03M—

Verisk Analytics, Inc.VRSK

$64M-54.6%

Universal Insurance HoldingsUVE

$5.78M+4,459%

Northern TrustNTRS

-$26.1M-157%

Other financials

Income statement

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Revenue$7.6B+7.6%

Operating income$1.8B-12.5%

Net income$1.1B-17.0%

EPS (diluted)$2.36-15.4%

Balance sheet

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Cash & equivalents$1.6B+0.4%

Total debt$21.8B+2.0%

Total assets$58.6B+2.7%

Cash flow

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Operating cash flow-$688.0M-10.6%

CapEx$62.0M+12.7%

Free cash flow-$750.0M-10.8%

Valuation

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Market cap$80.3B-3.7%

Enterprise value$100.49B—

P/E20.5×—

P/S2.9×—

Profitability

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Operating margin21.7%-1.8pp

Net margin14.3%-1.9pp

FCF margin17.9%+1.2pp

Returns & leverage

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Current ratio1.1×0.0×

Where this comes from

Reported directly by MRSH in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable.

The official record: MRSH’s 10-Q, filed April 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MRSH's change in income taxes?: MRSH (MRSH) reported change in income taxes of $157M in Q1 2026.
How has MRSH's change in income taxes changed year-over-year?: MRSH's change in income taxes decreased by 11.8% year-over-year, from $178M to $157M.
What does change in income taxes mean?: Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.