Marsh & McLennan Companies, Inc. (MRSH) — Cash Flow Quality Index
Marsh & McLennan Companies, Inc. (MRSH) has a Cash Flow Quality Index of 12.79x as of December 2025. Operating cash flow of $2.16 Billion exceeds net income of $169.00 Million, indicating high earnings quality where cash backs reported profits. Explore MRSH operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Marsh & McLennan Companies, Inc. Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Marsh & McLennan Companies, Inc. across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Marsh & McLennan Companies, Inc. generate cash.
Annual Cash Flow Quality Index for Marsh & McLennan Companies, Inc. (1989–2025)
Year-by-year earnings quality comparison for Marsh & McLennan Companies, Inc..
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.25x | $5.29 Billion | $4.23 Billion | ▲ +18.0% |
| 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 | — |