Marsh & McLennan Companies, Inc. (NYSE:MRSH) — Stock Price
Marsh & McLennan Companies, Inc. (NYSE:MRSH) is currently trading at $190.79 USD, down 0.45% today. Over the past 52 weeks, shares have ranged between $157.32 and $197.59. This page tracks Marsh & McLennan Companies, Inc.'s live share price on the NYSE exchange, its daily price and volume history, and — where reported — its income statement, balance sheet, cash flow statement, and earnings history. For company valuation and market capitalisation context, see Marsh & McLennan Companies, Inc. market capitalisation.
Marsh & McLennan Companies, Inc. (MRSH) Stock Price Chart — Daily History & Trading Volume
The chart below tracks Marsh & McLennan Companies, Inc.'s daily closing share price and trading volume on the NYSE exchange over the past year, giving a clear view of recent price momentum and liquidity.
Marsh & McLennan Companies, Inc. Income Statement — Revenue, Profit & Earnings by Year
Marsh & McLennan Companies, Inc.'s annual income statement shows how revenue converts into profit each fiscal year, including gross profit, operating income, EBITDA, and net income.
| Fiscal Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total Revenue | $26.98 Billion | $24.46 Billion | $22.74 Billion | $20.72 Billion | $19.82 Billion |
| Cost of Revenue | $15.58 Billion | $14.00 Billion | $13.10 Billion | $12.07 Billion | $11.43 Billion |
| Gross Profit | $11.40 Billion | $10.46 Billion | $9.64 Billion | $8.65 Billion | $8.39 Billion |
| Research & Development | — | — | — | — | — |
| SG&A | — | — | — | — | — |
| Total Operating Expenses | $5.18 Billion | $4.64 Billion | $4.36 Billion | $4.37 Billion | $4.08 Billion |
| Operating Income | $6.22 Billion | $5.82 Billion | $5.28 Billion | $4.28 Billion | $4.31 Billion |
| EBITDA | $7.39 Billion | $6.93 Billion | $6.32 Billion | $5.27 Billion | $5.40 Billion |
| EBIT | $6.49 Billion | $6.18 Billion | $5.60 Billion | $4.55 Billion | $4.65 Billion |
| Interest Expense | $960.00 Million | $700.00 Million | $578.00 Million | $469.00 Million | $444.00 Million |
| Income Before Tax | $5.54 Billion | $5.48 Billion | $5.03 Billion | $4.08 Billion | $4.21 Billion |
| Income Tax Expense | $1.30 Billion | $1.36 Billion | $1.22 Billion | $995.00 Million | $1.03 Billion |
| Net Income | $4.16 Billion | $4.06 Billion | $3.76 Billion | $3.05 Billion | $3.14 Billion |
Marsh & McLennan Companies, Inc. Balance Sheet — Assets, Liabilities & Shareholder Equity
The balance sheet below summarizes Marsh & McLennan Companies, Inc.'s financial position at each fiscal year-end — what it owns (assets), what it owes (liabilities), and the resulting shareholder equity.
| Fiscal Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total Assets | $58.71 Billion | $56.48 Billion | $48.03 Billion | $33.45 Billion | $34.39 Billion |
| Total Current Assets | $23.20 Billion | $22.12 Billion | $21.75 Billion | $8.30 Billion | $8.26 Billion |
| Cash & Equivalents | — | — | — | — | — |
| Short-term Investments | — | — | — | — | — |
| Net Receivables | $7.67 Billion | $7.16 Billion | $6.42 Billion | $5.85 Billion | $5.59 Billion |
| Inventory | — | — | — | — | — |
| Property, Plant & Equipment | — | — | — | — | — |
| Goodwill | $29.08 Billion | $23.31 Billion | $17.23 Billion | $16.25 Billion | $16.32 Billion |
| Total Liabilities | $43.40 Billion | $42.95 Billion | $35.66 Billion | $22.70 Billion | $23.17 Billion |
| Total Current Liabilities | $21.06 Billion | $19.52 Billion | $19.80 Billion | $17.83 Billion | $6.65 Billion |
| Long-term Debt | $18.32 Billion | $19.43 Billion | $11.84 Billion | $11.23 Billion | $10.93 Billion |
| Net Debt | $18.76 Billion | $19.46 Billion | $12.08 Billion | $12.03 Billion | $11.41 Billion |
| Total Stockholder Equity | $579.00 Million | $13.34 Billion | $12.19 Billion | $10.52 Billion | $11.01 Billion |
| Retained Earnings | $27.77 Billion | $25.31 Billion | $22.76 Billion | $20.30 Billion | $18.39 Billion |
Marsh & McLennan Companies, Inc. Cash Flow Statement — Operating, Investing & Financing Activities
This cash flow statement breaks down how Marsh & McLennan Companies, Inc. generates and spends cash across operating, investing, and financing activities each fiscal year, including free cash flow and capital expenditures.
| Fiscal Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | $5.29 Billion | $4.30 Billion | $4.26 Billion | $3.46 Billion | $3.52 Billion |
| Capital Expenditures | $291.00 Million | $316.00 Million | $416.00 Million | $470.00 Million | $406.00 Million |
| Free Cash Flow | $5.00 Billion | $3.99 Billion | $3.84 Billion | $3.00 Billion | $3.11 Billion |
| Investing Cash Flow | $-845.00 Million | $-8.82 Billion | $-1.42 Billion | $-850.00 Million | $-1.16 Billion |
| Financing Cash Flow | $-4.63 Billion | $4.46 Billion | $-1.12 Billion | $-1.05 Billion | $-1.30 Billion |
| Dividends Paid | $1.70 Billion | $1.51 Billion | $1.30 Billion | $1.14 Billion | $1.03 Billion |
| Stock-Based Compensation | $394.00 Million | $368.00 Million | $363.00 Million | $367.00 Million | $348.00 Million |
| Depreciation | $910.00 Million | $746.00 Million | $713.00 Million | $719.00 Million | $747.00 Million |
| Change in Cash | $486.00 Million | $-478.00 Million | $2.05 Billion | $728.00 Million | $700.00 Million |
Marsh & McLennan Companies, Inc. Earnings History — EPS Actual vs. Analyst Estimates
Track Marsh & McLennan Companies, Inc.'s quarterly earnings per share (EPS) against Wall Street estimates, along with the earnings surprise percentage for each reporting period.
| Report Date | EPS Actual | EPS Estimate | Surprise |
|---|---|---|---|
| Apr 16, 2026 | 0.00 | 3.25 | -100.00% |
| Jan 29, 2026 | 2.12 | 1.97 | +7.61% |
| Oct 16, 2025 | 1.85 | 1.78 | +3.93% |
| Jul 17, 2025 | 2.45 | 2.41 | +1.66% |
| Apr 17, 2025 | 3.06 | 3.00 | +2.00% |
| Jan 30, 2025 | 1.87 | 1.76 | +6.25% |
| Oct 17, 2024 | 1.51 | 1.61 | -6.21% |
| Jul 18, 2024 | 2.27 | 2.38 | -4.62% |