MRSH Riskand Insurance Services — Goodwill acquired decreased by 11.5% to $216.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 1863.6%, from $11.00M to $216.00M.
An increase indicates aggressive expansion through acquisitions, while a stagnant or decreasing balance may suggest a pause in M&A activity or potential impairment charges.
This metric tracks the total value of goodwill recognized on the balance sheet specifically attributed to acquisitions m...
Standard metric for all acquisitive public companies; peers in the insurance brokerage space typically show high goodwill balances due to the service-heavy nature of the industry.
mrsh_segment_risk_and_insurance_services_goodwill_acquired| Q2 '21 | Q3 '21 | Q1 '22 | Q1 '22 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $338.00M | $36.00M | $17.00M | $17.00M | $87.00M | $87.00M | $35.00M | -$12.00M | $11.00M | $225.00M | $244.00M | $216.00M |
| QoQ Change | — | -89.3% | -52.8% | +0.0% | +411.8% | +0.0% | -59.8% | -134.3% | +191.7% | >999% | +8.4% | -11.5% |
| YoY Change | — | — | — | — | -74.3% | -74.3% | -2.8% | -133.3% | -35.3% | +158.6% | +597.1% | >999% |