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MRSH MRSH Operating margin

Operating margin at other companies

Aon plc logo
Aon plcAON
26.5%+2.4pp
Willis Towers Watson logo
Willis Towers WatsonWTW
22.2%+12.7pp
Accenture logo
AccentureACN
14.5%-0.9pp
Lazard logo
LazardLAZ
9.5%-4.1pp
Perella Weinberg Partners logo
Perella Weinberg PartnersPWP
3.4%
CRA International logo
CRA InternationalCRAI
9.8%-1.2pp

Other financials

Income statement

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Revenue$7.4B+6.2%
Operating income$1.9B+3.8%
Net income$1.3B+4.5%
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$90.52B+1.4%
Enterprise value$110.56B
P/E22.7×
P/S3.2×

Profitability

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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

Calculated from MRSH’s reported figures.

Based on trailing twelve months.

The source filing: MRSH’s 10-Q, filed July 21, 2026. Open the filing →

Filed
Jul 21, 2026, 8:13 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000062709-26-000195

FAQ

What is MRSH's operating margin?
MRSH (MRSH) reported operating margin of 21.6% in Q2 2026.
How has MRSH's operating margin changed year-over-year?
MRSH's operating margin decreased by 8.3% year-over-year, from 23.6% to 21.6%.
What is the long-term trend for MRSH's operating margin?
Over 5 years (2020 to 2025), MRSH's operating margin has grown at a 5.3% compound annual growth rate (CAGR), from 17.8% to 23.1%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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