Operating Income

Operating Income

MRSH Operating Income increased by 43.9% to $1.75B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.5%, from $2.01B to $1.75B. Over 4 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 9.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

Growth in operating income suggests that the core business is becoming more profitable and efficient.

Detailed definition

The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...

Peer comparison

This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.

Metric ID: is_operating_income

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$1.23B$740.00M$986.00M$1.45B$1.36B$791.00M$680.00M$1.73B$1.46B$996.00M$1.10B$1.93B$1.64B$1.11B$1.14B$2.01B$1.83B$1.17B$1.22B$1.75B
QoQ Change-39.7%+33.2%+46.6%-5.6%-42.0%-14.0%+153.8%-15.6%-31.6%+10.7%+74.5%-14.7%-32.5%+3.1%+75.6%-8.8%-36.0%+4.2%+43.9%
YoY Change+11.1%+6.9%-31.0%+19.4%+6.8%+25.9%+62.2%+11.5%+12.7%+11.2%+3.5%+4.2%+11.4%+5.6%+6.7%-12.5%
Range$680.00M$2.01B
CAGR+7.8%
Avg YoY Growth+9.7%
Median YoY Growth+9.0%
Current Streak2 quarters growth

Business Segments — Riskand Insurance Services

View all
SegmentQ4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Consulting$443.00M$432.00M$410.00M$462.00M$466.00M$456.00M$456.00M$501.00M
Riskand Insurance Services$753.00M$1.57B$1.30B$733.00M$770.00M$1.61B
Total$1.10B$1.93B$1.64B$1.11B$1.14B$2.01B$1.83B$1.17B

Consulting, Riskand Insurance Services were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Business Segments — Risk and Insurance Services

View all
SegmentQ1 '26
Risk and Insurance Services$1.31B
Consulting$525.00M
Total$1.75B

Operating Income at Other Companies

Frequently Asked Questions

What is MRSH's operating income?
MRSH (MRSH) reported operating income of $1.75B in Q1 2026.
How has MRSH's operating income changed year-over-year?
MRSH's operating income decreased by 12.5% year-over-year, from $2.01B to $1.75B.
What is the long-term trend for MRSH's operating income?
Over 4 years (2021 to 2025), MRSH's operating income has grown at a 9.6% compound annual growth rate (CAGR), from $4.31B to $6.22B.
What does operating income mean?
The profit earned from core business activities, before accounting for interest and taxes.