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Marsh MRSH Payments to Acquire Businesses, Net of Cash Acquired

Payments to Acquire Businesses, Net of Cash Acquired at other companies

Willis Towers Watson logo
Willis Towers WatsonWTW
$247M+1,800%
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CBIZCBZ
$3.5M
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Aon plcAON
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SiriusPointSPNT
Resources Connection, Inc. logo
Resources Connection, Inc.RGP

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$92.24B+3.3%
Enterprise value$112.28B
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:PaymentsToAcquireBusinessesNetOfCashAcquired.

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
For the Six Months Ended June 30, / (In millions)20262025
Purchases of long-term investments(9)(15)
Sales of long-term investments184
Dispositions1215
Acquisitions, net of cash and cash held in a fiduciary capacity acquired(129)(62)
Other, net(6)(3)
Net cash provided by (used for) investing activities(265)(95)
Effect of exchange rate changes on cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity(141)753
Increase (Decrease) in cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity(257)(126)

Item 1.Financial Statements.

FAQ

What is Marsh's payments to acquire businesses, net of cash acquired?
Marsh (MRSH) reported payments to acquire businesses, net of cash acquired of $88M in Q2 2026.
How has Marsh's payments to acquire businesses, net of cash acquired changed year-over-year?
Marsh's payments to acquire businesses, net of cash acquired increased by 100.0% year-over-year, from $44M to $88M.
What is the long-term trend for Marsh's payments to acquire businesses, net of cash acquired?
Over 2 years (2021 to 2025), Marsh's payments to acquire businesses, net of cash acquired has grown at a -13.7% compound annual growth rate (CAGR), from $876M to $652M.

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