CompanyGraphMarsh & McLennan Companies, Inc.
MRSH · NYSE Arca · United States
corporate.marsh.comFinancials as of FY2025
At a glance
- Depends onMidstream position: 6 outgoing, 5 incoming connections
- ScaleMarket cap is $87.77B, higher than 95% of all stocks globally
- Interpretations2 currently firing — 2
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
1.98%Above 5Y avg (1.44%)
Annual Rate
USD 3.60Paid quarterly
Payout Ratio
43.9%Sustainable
Consecutive Growth
16 yrStrong track record
Paying Dividends
26 yr
Payback Period
53.3 yr
Last Ex-Dividend
Jul 23, 2026
Last Payment
Aug 14, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
87.77BUSDvs all stocks (USD)
Trailing P/E
22.77xRevenue (TTM)
27.52BUSDvs all stocks (USD)
Profit Margin
14.26%Beta
0.6030xvs all stocks
52-Week Change
-13.25%vs all stocks
Forward Annual Dividend Yield
1.98%vs all stocks
Market Capitalization
87.77BUSDvs all stocks (USD)
Enterprise Value
108.85BUSDvs all stocks (USD)
Trailing P/E
22.77xForward P/E
16.14xPEG Ratio
-1.45xPrice to Sales (TTM)
3.19xPrice to Book (MRQ)
6.03xEnterprise to Revenue
3.96xEnterprise to EBITDA
14.26xGross Margin
45.64%Profit Margin
14.26%Operating Margin
24.34%Return on Assets (TTM)
7.27%Return on Equity (TTM)
27.57%Revenue (TTM)
27.52BUSDvs all stocks (USD)
Revenue per Share (TTM)
56.27USDUpdated Jul 19, 2026Quarterly Revenue Growth
7.60%Gross Profit (TTM)
12.07BUSDvs all stocks (USD)
EBITDA (TTM)
7.12BUSDvs all stocks (USD)
Net Income (TTM)
3.92BUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
-17.00%Operating Cash Flow (TTM)
5.23BUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
4.97BUSDvs all stocks (USD)
Forward Annual Dividend Rate
3.60USDUpdated Jul 19, 2026Forward Annual Dividend Yield
1.98%vs all stocks
Trailing Annual Dividend Rate
3.60USDUpdated Jul 19, 2026Trailing Annual Dividend Yield
1.98%vs all stocks
5-Year Average Dividend Yield
1.44%vs all stocks
Payout Ratio
43.94%Minority Interest (Equity)
215.00MUSDFY2025 · Dec 31, 2025Revenue
26.98BUSDFY2025 · Dec 31, 2025Cost of Goods Sold
15.58BUSDFY2025 · Dec 31, 2025Gross Profit
11.40BUSDFY2025 · Dec 31, 2025Operating Income
6.22BUSDvs all stocks (USD)
Pre-tax Income
5.54BUSDFY2025 · Dec 31, 2025Income Tax Expense
1.30BUSDFY2025 · Dec 31, 2025Net Income
4.23BUSDFY2025 · Dec 31, 2025EBIT
6.50BUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
7.38BUSDFY2025 · Dec 31, 2025Other Operating Expenses
5.18BUSDFY2025 · Dec 31, 2025Non-operating Interest Income
48.00MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
960.00MUSDFY2025 · Dec 31, 2025EPS (Basic)
8.48USDFY2025 · Dec 31, 2025EPS (Diluted)
8.43USDFY2025 · Dec 31, 2025Basic Shares Outstanding
491.00MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
491.00MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
4.23BUSDFY2025 · Dec 31, 2025Minority Interests (P&L)
-74.00MUSDFY2025 · Dec 31, 2025Operating Cash Flow
5.11BUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
14.16BUSDFY2025 · Dec 31, 2025Income Tax Paid
1.29BUSDFY2025 · Dec 31, 2025Interest Paid
885.00MUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
4.23BUSDFY2025 · Dec 31, 2025Depreciation & Amortization
910.00MUSDFY2025 · Dec 31, 2025Stock-based Compensation
394.00MUSDFY2025 · Dec 31, 2025Other Non-cash Items
332.00MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-128.00MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-632.00MUSDFY2025 · Dec 31, 2025Net Acquisitions
-630.00MUSDFY2025 · Dec 31, 2025Purchase of Investments
-26.00MUSDFY2025 · Dec 31, 2025Sale of Investments
100.00MUSDFY2025 · Dec 31, 2025Other Investing Activity
2.00MUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
-554.00MUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
0.00USDFY2025 · Dec 31, 2025Long-term Debt Payments
-519.00MUSDFY2025 · Dec 31, 2025Net Short-term Debt Issuance
0.00USDFY2025 · Dec 31, 2025Common Stock Repurchase
-2.01BUSDFY2025 · Dec 31, 2025Common Dividends Paid
-1.70BUSDFY2025 · Dec 31, 2025Other Financing Charges
-654.00MUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
-4.63BUSDFY2025 · Dec 31, 2025Shares Outstanding
482.17MSharesUpdated Jul 19, 2026Float Shares
480.83MSharesUpdated Jul 19, 2026Shares Short
6.74MSharesUpdated Jul 19, 2026Short Ratio
2.43daysvs all stocks
Short % of Shares Outstanding
1.40%vs all stocks
% Held by Insiders
0.11%vs all stocks
% Held by Institutions
95.15%vs all stocks
Total Cash (MRQ)
1.61BUSDvs all stocks (USD)
Total Cash per Share (MRQ)
3.34USDUpdated Jul 19, 2026Total Debt (MRQ)
22.45BUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
1.52xCurrent Ratio (MRQ)
1.11xBook Value per Share (MRQ)
30.21USDUpdated Jul 19, 2026Total Assets
58.71BUSDvs all stocks (USD)
Total Current Assets
23.20BUSDFY2025 · Dec 31, 2025Total Liabilities
43.40BUSDFY2025 · Dec 31, 2025Total Non-current Assets
35.51BUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
22.34BUSDFY2025 · Dec 31, 2025Total Current Liabilities
21.06BUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
2.69BUSDFY2025 · Dec 31, 2025Accounts Receivable
7.01BUSDFY2025 · Dec 31, 2025Accounts Payable
3.65BUSDFY2025 · Dec 31, 2025Short-term Debt
1.60BUSDFY2025 · Dec 31, 2025Other Current Liabilities
11.47BUSDFY2025 · Dec 31, 2025Long-term Debt
19.85BUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
1.70BUSDFY2025 · Dec 31, 2025Common Stock (Book)
561.00MUSDFY2025 · Dec 31, 2025Retained Earnings
27.77BUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
15.31BUSDvs all stocks (USD)
Treasury Stock
9.35BUSDFY2025 · Dec 31, 202552-Week Low
156.60USDUpdated Jul 19, 202652-Week High
213.80USDUpdated Jul 19, 202652-Week Change
-13.25%vs all stocks
Beta
0.6030xvs all stocks
50-Day MA
167.18USDUpdated Jul 19, 2026200-Day MA
178.18USDUpdated Jul 19, 2026Avg 10-Day Volume
2.31MSharesUpdated Jul 19, 2026Avg 30-Day Volume
2.55MSharesUpdated Jul 19, 2026Diluted EPS (TTM)
8.00USDUpdated Jul 19, 2026Other Income / Expense
228.00MUSDFY2025 · Dec 31, 20252 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company use capital?
Diagnostic
Elevated ROE With High Debt-to-Equity and Equity Multiplier
Return on equity reads high on a balance sheet carrying a lot of debt against that equity.
Reads
Where is this company structurally exposed?
Elevated Leverage on Three Denominators
Debt sits high against its equity, its assets, and its cash flow.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Supply Chain
Midstream position: 6 outgoing, 5 incoming connectionsNotable
Outgoing: 6.00Incoming: 5.00
High connectivity hub: 11 industry connectionsNotable
Total Connections: 11.00
Scale
Market cap is $87.77B, higher than 95% of all stocks globallySignificant
Market cap (USD): 87,773,317,374Global P95: 25,614,208,870.135
Revenue is $27.52B, higher than 95% of all stocks globallySignificant
Revenue (USD): 27,516,999,680Global P95: 14,667,937,174.886
Levered free cash flow is $4.97B, higher than 95% of all stocks globallySignificant
Levered free cash flow (USD): 4,965,374,976Global P95: 1,123,592,359.78
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