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Marsh MRSH Total Revenue

Total Revenue at other companies

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$4B+24.2%
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$2.47B+9.1%
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$18.72B+5.6%
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SiriusPointSPNT
$744.1M-0.5%
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Axis Capital HoldersAXS
$1.75B+7.4%

Segments

By segment

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Risk and Insurance Services$4.82B+4.3%
Consulting$2.6B

Other financials

Income statement

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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$92.23B+3.3%
Enterprise value$112.26B
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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
(In millions, except per share data)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue$7,404$6,974$15,001$14,035
Expense:
Compensation and benefits4,1413,8958,2717,745
Other operating expenses1,3641,2503,0772,456
Operating expenses5,5055,14511,34810,201
Operating income1,8991,8293,6533,834
Other net benefit credits504810091
Interest income851924

Item 1.Financial Statements.

FAQ

What is Marsh's total revenue?
Marsh (MRSH) reported total revenue of $7.4B in Q2 2026.
How has Marsh's total revenue changed year-over-year?
Marsh's total revenue increased by 6.2% year-over-year, from $6.97B to $7.4B.
What is the long-term trend for Marsh's total revenue?
Over 4 years (2021 to 2025), Marsh's total revenue has grown at a 8.0% compound annual growth rate (CAGR), from $19.82B to $26.98B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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