Marsh & McLennan Companies Inc (MMC) — Cash Flow Quality Index

Latest as of September 2025: 1.53x

Marsh & McLennan Companies Inc (MMC) has a Cash Flow Quality Index of 1.53x as of September 2025. Operating cash flow of $2.33 Billion exceeds net income of $1.53 Billion, indicating high earnings quality where cash backs reported profits. Explore MMC operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.53x
Operating CF / Net Income

Operating Cash Flow

$2.33 Billion
USD

Net Income

$1.53 Billion
USD

Data as of

Sep 2025
Most recent filing

Marsh & McLennan Companies Inc Cash Flow Quality Index (1989–2024)

Historical Cash Flow Quality Index for Marsh & McLennan Companies Inc across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Marsh & McLennan Companies Inc cash conversion from operations.

Annual Cash Flow Quality Index for Marsh & McLennan Companies Inc (1989–2024)

Year-by-year earnings quality comparison for Marsh & McLennan Companies Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 1.06x $4.30 Billion $4.06 Billion ▼ -5.4%
2023 1.12x $4.26 Billion $3.80 Billion ▼ -0.2%
2022 1.12x $3.46 Billion $3.09 Billion ▲ +1.3%
2021 1.11x $3.52 Billion $3.17 Billion ▼ -33.0%
2020 1.65x $3.38 Billion $2.05 Billion ▲ +24.1%
2019 1.33x $2.36 Billion $1.77 Billion ▼ -8.4%
2018 1.45x $2.43 Billion $1.67 Billion ▲ +16.1%
2017 1.25x $1.89 Billion $1.51 Billion ▲ +12.0%
2016 1.12x $2.01 Billion $1.79 Billion ▼ -3.1%
2015 1.15x $1.89 Billion $1.64 Billion ▼ -18.2%
2014 1.41x $2.11 Billion $1.50 Billion ▲ +45.7%
2013 0.97x $1.34 Billion $1.39 Billion ▼ -12.0%
2012 1.10x $1.32 Billion $1.20 Billion ▼ -34.5%
2011 1.68x $1.71 Billion $1.01 Billion ▲ +102.6%
2010 0.83x $722.00 Million $871.00 Million ▼ -68.7%
2009 2.64x $640.00 Million $242.00 Million ▼ -77.5%
2008 11.75x $940.00 Million $80.00 Million ▲ +2836.6%
2007 -0.43x $-231.00 Million $538.00 Million ▼ -140.0%
2006 1.07x $878.00 Million $818.00 Million ▲ +8.7%
2005 0.99x $399.00 Million $404.00 Million ▼ -91.6%
2004 11.76x $2.07 Billion $176.00 Million ▲ +869.7%
2003 1.21x $1.87 Billion $1.54 Billion ▲ +29.3%
2002 0.94x $1.28 Billion $1.36 Billion ▼ -33.7%
2001 1.41x $1.38 Billion $974.00 Million ▲ +22.4%
2000 1.15x $1.36 Billion $1.18 Billion ▼ -16.2%
1999 1.38x $1.00 Billion $726.00 Million ▼ -3.2%
1998 1.42x $1.13 Billion $796.00 Million ▲ +36.9%
1997 1.04x $415.40 Million $399.40 Million ▲ +50.9%
1996 0.69x $316.50 Million $459.30 Million ▼ -12.7%
1995 0.79x $318.10 Million $402.90 Million ▼ -20.4%
1994 0.99x $368.50 Million $371.50 Million ▼ -73.9%
1993 3.80x $237.60 Million $62.60 Million ▲ +190.0%
1992 1.31x $345.10 Million $263.70 Million ▼ -16.9%
1991 1.57x $480.90 Million $305.50 Million ▲ +27.9%
1990 1.23x $374.20 Million $304.10 Million ▼ -19.0%
1989 1.52x $448.20 Million $294.90 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.