Marsh & McLennan Companies, Inc. (MRSH) — Working Capital to Net Assets Ratio
Marsh & McLennan Companies, Inc. (MRSH) has a Working Capital to Net Assets ratio of 14.0% as of December 2025. Working capital of $2.14 Billion (current assets of $23.20 Billion minus current liabilities of $21.06 Billion) is measured against net assets of $15.31 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Marsh & McLennan Companies, Inc. (MRSH) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Marsh & McLennan Companies, Inc. Working Capital to Net Assets (1985–2025)
This chart shows how Marsh & McLennan Companies, Inc.'s Working Capital to Net Assets ratio has evolved across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 14.0%, reflecting working capital of $2.14 Billion against net assets of $15.31 Billion USD. Check Marsh & McLennan Companies, Inc. tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Marsh & McLennan Companies, Inc. (1985–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Marsh & McLennan Companies, Inc. from 1985 to 2025, covering 41 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see MRSH market cap overview.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 14.0% | $2.14 Billion | $15.31 Billion | $23.20 Billion | $21.06 Billion | ▼ -5.2 pp |
| 2024 | 19.2% | $2.60 Billion | $13.54 Billion | $22.12 Billion | $19.52 Billion | ▲ +3.4 pp |
| 2023 | 15.8% | $1.95 Billion | $12.37 Billion | $21.75 Billion | $19.80 Billion | ▲ +104.5 pp |
| 2022 | -88.7% | $-9.53 Billion | $10.75 Billion | $8.30 Billion | $17.83 Billion | ▼ -103.0 pp |
| 2021 | 14.3% | $1.61 Billion | $11.22 Billion | $8.26 Billion | $6.65 Billion | ▼ -2.5 pp |
| 2020 | 16.8% | $1.56 Billion | $9.26 Billion | $8.12 Billion | $6.56 Billion | ▲ +11.9 pp |
| 2019 | 4.9% | $389.00 Million | $7.94 Billion | $7.07 Billion | $6.68 Billion | ▼ -8.4 pp |
| 2018 | 13.3% | $1.01 Billion | $7.58 Billion | $5.93 Billion | $4.92 Billion | ▼ -4.2 pp |
| 2017 | 17.5% | $1.30 Billion | $7.44 Billion | $5.56 Billion | $4.26 Billion | ▲ +4.7 pp |
| 2016 | 12.8% | $802.00 Million | $6.27 Billion | $4.88 Billion | $4.08 Billion | ▼ -7.4 pp |
| 2015 | 20.2% | $1.34 Billion | $6.60 Billion | $5.04 Billion | $3.71 Billion | ▼ -12.6 pp |
| 2014 | 32.9% | $2.34 Billion | $7.13 Billion | $6.02 Billion | $3.68 Billion | ▲ +2.3 pp |
| 2013 | 30.6% | $2.44 Billion | $7.97 Billion | $6.25 Billion | $3.81 Billion | ▼ -6.6 pp |
| 2012 | 37.2% | $2.46 Billion | $6.61 Billion | $6.02 Billion | $3.56 Billion | ▲ +5.0 pp |
| 2011 | 32.1% | $1.91 Billion | $5.94 Billion | $5.65 Billion | $3.74 Billion | ▼ -1.7 pp |
| 2010 | 33.8% | $2.17 Billion | $6.42 Billion | $5.28 Billion | $3.10 Billion | ▲ +13.6 pp |
| 2009 | 20.2% | $1.19 Billion | $5.88 Billion | $4.87 Billion | $3.68 Billion | ▼ -4.2 pp |
| 2008 | 24.4% | $1.40 Billion | $5.72 Billion | $4.78 Billion | $3.39 Billion | ▼ -0.6 pp |
| 2007 | 25.1% | $1.96 Billion | $7.82 Billion | $5.45 Billion | $3.49 Billion | ▲ +20.2 pp |
| 2006 | 4.9% | $285.00 Million | $5.82 Billion | $5.83 Billion | $5.55 Billion | ▼ -12.1 pp |
| 2005 | 17.0% | $911.00 Million | $5.36 Billion | $5.26 Billion | $4.35 Billion | ▲ +14.0 pp |
| 2004 | 3.0% | $152.00 Million | $5.06 Billion | $4.89 Billion | $4.74 Billion | ▲ +6.5 pp |
| 2003 | -3.4% | $-188.00 Million | $5.45 Billion | $3.90 Billion | $4.09 Billion | ▲ +0.5 pp |
| 2002 | -4.0% | $-199.00 Million | $5.02 Billion | $3.66 Billion | $3.86 Billion | ▼ -1.1 pp |
| 2001 | -2.8% | $-146.00 Million | $5.17 Billion | $3.79 Billion | $3.94 Billion | ▲ +6.4 pp |
| 2000 | -9.2% | $-480.00 Million | $5.23 Billion | $3.64 Billion | $4.12 Billion | ▲ +15.6 pp |
| 1999 | -24.8% | $-1.03 Billion | $4.17 Billion | $3.28 Billion | $4.32 Billion | ▲ +23.2 pp |
| 1998 | -48.0% | $-1.76 Billion | $3.66 Billion | $3.25 Billion | $5.00 Billion | ▼ -53.9 pp |
| 1997 | 5.9% | $189.50 Million | $3.20 Billion | $2.57 Billion | $2.38 Billion | ▼ -4.3 pp |
| 1996 | 10.2% | $192.30 Million | $1.89 Billion | $1.75 Billion | $1.56 Billion | ▲ +3.6 pp |
| 1995 | 6.6% | $109.60 Million | $1.67 Billion | $1.68 Billion | $1.57 Billion | ▲ +2.9 pp |
| 1994 | 3.7% | $53.70 Million | $1.46 Billion | $1.45 Billion | $1.39 Billion | ▼ -11.2 pp |
| 1993 | 14.8% | $202.50 Million | $1.37 Billion | $1.31 Billion | $1.11 Billion | ▼ -7.3 pp |
| 1992 | 22.1% | $243.90 Million | $1.10 Billion | $1.26 Billion | $1.02 Billion | ▼ -7.2 pp |
| 1991 | 29.3% | $303.00 Million | $1.03 Billion | $1.04 Billion | $736.00 Million | ▼ -0.2 pp |
| 1990 | 29.5% | $320.20 Million | $1.09 Billion | $1.05 Billion | $732.60 Million | ▼ -3.3 pp |
| 1989 | 32.8% | $286.20 Million | $873.00 Million | $911.10 Million | $624.90 Million | ▲ +11.4 pp |
| 1988 | 21.4% | $161.40 Million | $755.10 Million | $787.80 Million | $626.40 Million | ▼ -4.9 pp |
| 1987 | 26.3% | $208.30 Million | $791.70 Million | $846.60 Million | $638.30 Million | ▲ +0.6 pp |
| 1986 | 25.7% | $164.20 Million | $638.70 Million | $822.40 Million | $658.20 Million | ▼ -8.8 pp |
| 1985 | 34.5% | $177.90 Million | $515.20 Million | $624.00 Million | $446.10 Million | — |