Marsh MRSH Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Consulting | $10.04B+2.5% | $9.79B+2.1% | $9.59B+2.2% | $9.39B+1.7% | $9.23B+1.1% | |
| Operating Income (Loss) by Business | ||||||
| Consulting | $1.97B+3.6% | $1.9B+0.9% | $1.88B+2.1% | $1.84B+2.6% | $1.79B+1.4% | |
| Compensation and benefits by Business | ||||||
| Risk and Insurance Services | $9.87B+1.6% | $9.71B+2.1% | $9.52B+3.6% | $9.19B+4.0% | $8.83B+3.9% | |
| Restructuring Charges by Business | ||||||
| Consulting | $69M+7.8% | $64M-21.0% | $81M+5.2% | $77M+1.3% | $76M-3.8% | |
| Number of acquisitions made (in acquisitions) by Business | ||||||
| Consulting | 5.5-8.3% | 6— | —— | —— | —— | |
| Risk and Insurance Services | 11.5-17.9% | 14+7.7% | 13+8.3% | 12+9.1% | 11+10.0% | |
| Intangible Amortization by Business | ||||||
| Risk and Insurance Services | $474M-0.2% | $475M+5.6% | $450M+9.5% | $411M+12.0% | $367M+12.6% | |
| Depreciation and amortization expense by Business | ||||||
| Consulting | $101M+1.0% | $100M0.0% | $100M0.0% | $100M-1.0% | $101M-11.4% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Marsh break its business down?
- Marsh (MRSH) reports revenue by business across 2 parts — Consulting and Risk and Insurance Services. Each is extracted from the segment footnotes and tracked over time.
- Where does Marsh's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Marsh's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
