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+8.7% | $9.79B+7.2% | $9.59B— | $9.39B— | $9.23B— | |
| Operating Income (Loss) by Business | ||||||
| Consulting | $1.97B+9.5% | $1.9B+7.1% | $1.88B+7.6% | $1.84B+7.7% | $1.79B+6.3% | |
| Compensation and benefits by Business | ||||||
| Risk and Insurance Services | $9.87B+11.7% | $9.71B+14.3% | $9.52B+15.4% | $9.19B+13.7% | $8.83B+11.9% | |
| Restructuring Charges by Business | ||||||
| Consulting | $69M-9.2% | $64M-19.0% | $81M— | $77M— | $76M— | |
| Number of acquisitions made (in acquisitions) by Business | ||||||
| Consulting | 5.5— | 6— | —— | —— | —— | |
| Risk and Insurance Services | 11.5+4.5% | 14+40.0% | 13— | 12— | 11— | |
| Intangible Amortization by Business | ||||||
| Risk and Insurance Services | $474M+29.2% | $475M+45.7% | $450M+46.5% | $411M+35.0% | $367M+21.6% | |
| Depreciation and amortization expense by Business | ||||||
| Consulting | $101M0.0% | $100M-12.3% | $100M-12.7% | $100M-13.8% | $101M-13.3% |
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.
