Business Segments · Operating Income (Loss)

Consulting — Operating Income (Loss)

MRSH Consulting — Operating Income (Loss) increased by 8.7% to $525.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.1%, from $456.00M to $525.00M. Over 2 years (FY 2023 to FY 2025), Consulting — Operating Income (Loss) shows an upward trend with a 6.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2017
Last reportedQ1 2026
Rolls up toOperating Income

How to read this metric

An increase indicates improved profitability and operational efficiency, while a decrease signals margin compression or rising costs.

Detailed definition

Measures the profitability of the consulting segment by subtracting all operating expenses from the segment's revenue. T...

Peer comparison

Standard profitability metric; highly comparable to operating income reported by other consulting and professional services firms.

Metric ID: mrsh_segment_consulting_operating_income_loss

Historical Data

18 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$344.00M$404.00M$392.00M$475.00M$350.00M$411.00M$388.00M$424.00M$443.00M$432.00M$410.00M$462.00M$466.00M$456.00M$456.00M$501.00M$483.00M$525.00M
QoQ Change+17.4%-3.0%+21.2%-26.3%+17.4%-5.6%+9.3%+4.5%-2.5%-5.1%+12.7%+0.9%-2.1%+0.0%+9.9%-3.6%+8.7%
YoY Change+38.1%-13.4%+4.8%-18.3%+21.1%+5.1%+5.7%+9.0%+5.2%+5.6%+11.2%+8.4%+3.6%+15.1%
Range$344.00M$525.00M
CAGR+10.5%
Avg YoY Growth+7.2%
Median YoY Growth+5.6%

Frequently Asked Questions

What is MRSH's consulting — operating income (loss)?
MRSH (MRSH) reported consulting — operating income (loss) of $525.00M in Q1 2026.
How has MRSH's consulting — operating income (loss) changed year-over-year?
MRSH's consulting — operating income (loss) increased by 15.1% year-over-year, from $456.00M to $525.00M.
What is the long-term trend for MRSH's consulting — operating income (loss)?
Over 2 years (2023 to 2025), MRSH's consulting — operating income (loss) has grown at a 6.7% compound annual growth rate (CAGR), from $1.67B to $1.90B.
What does consulting — operating income (loss) mean?
The profit or loss generated by the consulting segment from its core business operations.