Marsh & McLennan Companies Inc (MMC) — Free Cash Flow Generation Index
Marsh & McLennan Companies Inc (MMC) has a Free Cash Flow Generation Index of 0.99x as of September 2025. Free cash flow of $2.30 Billion represents 1% of operating cash flow ($2.33 Billion). Explore Marsh & McLennan Companies Inc (MMC) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Marsh & McLennan Companies Inc Free Cash Flow Generation Index (1989–2024)
Historical FCF Generation Index trend for Marsh & McLennan Companies Inc across 35 annual periods. For the full cash flow conversion analysis, see MMC cash flow metrics.
Annual Free Cash Flow Generation for Marsh & McLennan Companies Inc (1989–2024)
Year-by-year Free Cash Flow Generation Index for Marsh & McLennan Companies Inc. Check Marsh & McLennan Companies Inc (MMC) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.93x | $3.99 Billion | $4.30 Billion | $316.00 Million | ▲ +2.7% |
| 2023 | 0.90x | $3.84 Billion | $4.26 Billion | $416.00 Million | ▲ +4.4% |
| 2022 | 0.86x | $3.00 Billion | $3.46 Billion | $470.00 Million | ▼ -2.3% |
| 2021 | 0.88x | $3.11 Billion | $3.52 Billion | $406.00 Million | ▼ -1.4% |
| 2020 | 0.90x | $3.03 Billion | $3.38 Billion | $348.00 Million | ▲ +9.2% |
| 2019 | 0.82x | $1.94 Billion | $2.36 Billion | $421.00 Million | ▼ -5.6% |
| 2018 | 0.87x | $2.11 Billion | $2.43 Billion | $314.00 Million | ▲ +3.6% |
| 2017 | 0.84x | $1.59 Billion | $1.89 Billion | $302.00 Million | ▼ -3.8% |
| 2016 | 0.87x | $1.75 Billion | $2.01 Billion | $253.00 Million | ▲ +5.6% |
| 2015 | 0.83x | $1.56 Billion | $1.89 Billion | $325.00 Million | ▲ +0.3% |
| 2014 | 0.83x | $1.74 Billion | $2.11 Billion | $368.00 Million | ▲ +17.8% |
| 2013 | 0.70x | $940.00 Million | $1.34 Billion | $401.00 Million | ▼ -7.5% |
| 2012 | 0.76x | $1.00 Billion | $1.32 Billion | $320.00 Million | ▼ -9.3% |
| 2011 | 0.84x | $1.43 Billion | $1.71 Billion | $280.00 Million | ▲ +33.8% |
| 2010 | 0.62x | $451.00 Million | $722.00 Million | $271.00 Million | ▲ +19.3% |
| 2009 | 0.52x | $335.00 Million | $640.00 Million | $305.00 Million | ▲ +9.1% |
| 2008 | 0.48x | $451.00 Million | $940.00 Million | $386.00 Million | ▼ -26.2% |
| 2006 | 0.65x | $571.00 Million | $878.00 Million | $307.00 Million | ▲ +380.5% |
| 2005 | 0.14x | $54.00 Million | $399.00 Million | $345.00 Million | ▼ -83.5% |
| 2004 | 0.82x | $1.69 Billion | $2.07 Billion | $376.00 Million | ▲ +6.8% |
| 2003 | 0.77x | $1.43 Billion | $1.87 Billion | $436.00 Million | ▲ +14.5% |
| 2002 | 0.67x | $857.00 Million | $1.28 Billion | $423.00 Million | ▼ -2.3% |
| 2001 | 0.69x | $944.00 Million | $1.38 Billion | $433.00 Million | ▲ +9.8% |
| 2000 | 0.62x | $852.00 Million | $1.36 Billion | $512.00 Million | ▲ +119.2% |
| 1999 | 0.29x | $285.00 Million | $1.00 Billion | $715.00 Million | ▼ -39.5% |
| 1998 | 0.47x | $534.00 Million | $1.13 Billion | $599.00 Million | ▲ +175.4% |
| 1997 | -0.62x | $-259.60 Million | $415.40 Million | $675.00 Million | ▼ -224.2% |
| 1996 | 0.50x | $159.20 Million | $316.50 Million | $157.30 Million | ▼ -11.7% |
| 1995 | 0.57x | $181.20 Million | $318.10 Million | $136.90 Million | ▼ -4.3% |
| 1994 | 0.60x | $219.40 Million | $368.50 Million | $149.10 Million | ▲ +1.9% |
| 1993 | 0.58x | $138.80 Million | $237.60 Million | $98.80 Million | ▼ -23.1% |
| 1992 | 0.76x | $262.30 Million | $345.10 Million | $82.80 Million | ▼ -8.6% |
| 1991 | 0.83x | $399.70 Million | $480.90 Million | $81.20 Million | ▲ +41.7% |
| 1990 | 0.59x | $219.50 Million | $374.20 Million | $154.70 Million | ▼ -8.6% |
| 1989 | 0.64x | $287.50 Million | $448.20 Million | $160.70 Million | — |