What is MRSH's income tax?

MRSH (MRSH) reported income tax of $395M in Q1 2026.

How has MRSH's income tax changed year-over-year?

MRSH's income tax decreased by 4.8% year-over-year, from $415M to $395M.

What is the long-term trend for MRSH's income tax?

Over 4 years (2021 to 2025), MRSH's income tax has grown at a 6.0% compound annual growth rate (CAGR), from $1.03B to $1.31B.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

MRSH MRSH Income Tax

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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$78.16B-12.5%

Enterprise value$98.35B—

P/E19.9×—

P/S2.8×—

Profitability

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Operating margin21.7%-1.8pp

Net margin14.3%-1.9pp

FCF margin17.9%+1.2pp

Returns & leverage

See full

Current ratio1.1×0.0×

Where this comes from

Reported directly by MRSH in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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 income tax?: MRSH (MRSH) reported income tax of $395M in Q1 2026.
How has MRSH's income tax changed year-over-year?: MRSH's income tax decreased by 4.8% year-over-year, from $415M to $395M.
What is the long-term trend for MRSH's income tax?: Over 4 years (2021 to 2025), MRSH's income tax has grown at a 6.0% compound annual growth rate (CAGR), from $1.03B to $1.31B.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.