Where do Marsh's ratios come from?

Every ratio is computed from Marsh's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Marsh MRSH Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Operating margin	91.6%-1.8pp	93.4%-0.7pp	94.1%-0.9pp	95%-0.4pp	95.4%0.0pp
Net margin	61.3%-1.9pp	63.2%-1.2pp	64.3%-1.2pp	65.6%-1.0pp	66.5%-0.7pp
Efficiency
Asset turnover	1.9×0.0×	1.9×0.0×	1.9×0.0×	1.9×0.0×	1.9×-0.1×
Liquidity
Current ratio	4.5×0.0×	4.6×0.0×	4.6×0.0×	4.6×0.0×	4.6×0.0×
Leverage
Net debt / EBITDA	10.7×0.0×	10.7×-0.4×	11.1×+0.5×	10.6×+0.8×	9.9×+0.7×

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Where do Marsh's ratios come from?: Every ratio is computed from Marsh's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.