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. Also explore how large is Marsh & McLennan Companies, Inc.'s balance sheet for the complete picture of this company's asset base.
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. Check MRSH intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Marsh & McLennan Companies, Inc. (1989–2025)
Year-by-year earnings quality comparison for Marsh & McLennan Companies, Inc.. For live market cap and the full company financial profile, see Marsh & McLennan Companies, Inc. (MRSH) total market value.
| 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 | — |