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Marsh MRSH Net Income

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Other financials

Income statement

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Revenue$7.4B+6.2%
Operating income$1.9B+3.8%
EPS (diluted)$2.63+7.3%

Balance sheet

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Cash & equivalents$1.7B+1.4%
Total debt$21.7B+3.5%
Total assets$59.7B+1.9%

Cash flow

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Operating cash flow$1.5B-8.9%
CapEx$72.0M+22.0%
Free cash flow$1.5B-10.0%

Valuation

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Market cap$92.23B+3.3%
Enterprise value$112.26B
P/E23.2×
P/S3.3×

Profitability

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Operating margin21.6%-2.0pp
Net margin14.2%-1.8pp
FCF margin17.1%-1.0pp

Returns & leverage

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Current ratio1.1×-0.1×

Where this comes from

Reported directly by Marsh in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Marsh’s 10-Q, filed July 21, 2026.

Filed
Jul 21, 2026, 8:13 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000062709-26-000195
(In millions, except per share data)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Income tax expense411415806830
Net income before non-controlling interests1,2911,2312,4772,643
Less: Net income attributable to non-controlling interests25206551
Net income attributable to the Company$1,266$1,211$2,412$2,592
Net income per share attributable to the Company:
– Basic$2.64$2.46$5.00$5.27
– Diluted$2.63$2.45$4.99$5.23
Average number of shares outstanding:

Item 1.Financial Statements.

FAQ

What is Marsh's net income?
Marsh (MRSH) reported net income of $1.27B in Q2 2026.
How has Marsh's net income changed year-over-year?
Marsh's net income increased by 4.5% year-over-year, from $1.21B to $1.27B.
What is the long-term trend for Marsh's net income?
Over 4 years (2021 to 2025), Marsh's net income has grown at a 7.3% compound annual growth rate (CAGR), from $3.14B to $4.16B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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