Marsh & Mclennan Companies (MRSH) Financials & Stock Analysis

Marsh & Mclennan Companies

NYSE: MRSH · USD

Revenue

USD millions

$6,863M

Marsh & Mclennan Companies Revenue. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
Period	Revenue
FY 2009 Q2	Unavailable; Change unavailable vs FY 2009 Q1
FY 2009 Q3	Unavailable; Change unavailable vs FY 2009 Q2
FY 2009 Q4	Unavailable; Change unavailable vs FY 2009 Q3
FY 2010 Q1	Unavailable; Change unavailable vs FY 2009 Q4
FY 2010 Q2	Unavailable; Change unavailable vs FY 2010 Q1
FY 2010 Q3	Unavailable; Change unavailable vs FY 2010 Q2
FY 2010 Q4	Unavailable; Change unavailable vs FY 2010 Q3
FY 2011 Q1	Unavailable; Change unavailable vs FY 2010 Q4
FY 2011 Q2	Unavailable; Change unavailable vs FY 2011 Q1
FY 2011 Q3	Unavailable; Change unavailable vs FY 2011 Q2
FY 2011 Q4	Unavailable; Change unavailable vs FY 2011 Q3
FY 2012 Q1	Unavailable; Change unavailable vs FY 2011 Q4
FY 2012 Q2	Unavailable; Change unavailable vs FY 2012 Q1
FY 2012 Q3	Unavailable; Change unavailable vs FY 2012 Q2
FY 2012 Q4	Unavailable; Change unavailable vs FY 2012 Q3
FY 2013 Q1	Unavailable; Change unavailable vs FY 2012 Q4
FY 2013 Q2	Unavailable; Change unavailable vs FY 2013 Q1
FY 2013 Q3	Unavailable; Change unavailable vs FY 2013 Q2
FY 2013 Q4	Unavailable; Change unavailable vs FY 2013 Q3
FY 2014 Q1	Unavailable; Change unavailable vs FY 2013 Q4
FY 2014 Q2	Unavailable; Change unavailable vs FY 2014 Q1
FY 2014 Q3	Unavailable; Change unavailable vs FY 2014 Q2
FY 2014 Q4	Unavailable; Change unavailable vs FY 2014 Q3
FY 2015 Q1	Unavailable; Change unavailable vs FY 2014 Q4
FY 2015 Q2	Unavailable; Change unavailable vs FY 2015 Q1
FY 2015 Q3	Unavailable; Change unavailable vs FY 2015 Q2
FY 2015 Q4	Unavailable; Change unavailable vs FY 2015 Q3
FY 2016 Q1	Unavailable; Change unavailable vs FY 2015 Q4
FY 2016 Q2	Unavailable; Change unavailable vs FY 2016 Q1
FY 2016 Q3	Unavailable; Change unavailable vs FY 2016 Q2
FY 2016 Q4	Unavailable; Change unavailable vs FY 2016 Q3
FY 2017 Q1	$3,503M; Change unavailable vs FY 2016 Q4
FY 2017 Q2	$3,495M; −0.2% vs FY 2017 Q1
FY 2017 Q3	$3,341M; −4.4% vs FY 2017 Q2
FY 2017 Q4	$3,685M; +10.3% vs FY 2017 Q3
FY 2018 Q1	$4,000M; +8.5% vs FY 2017 Q4
FY 2018 Q2	$3,734M; −6.6% vs FY 2018 Q1
FY 2018 Q3	$3,504M; −6.2% vs FY 2018 Q2
FY 2018 Q4	$3,712M; +5.9% vs FY 2018 Q3
FY 2019 Q1	$4,071M; +9.7% vs FY 2018 Q4
FY 2019 Q2	$4,349M; +6.8% vs FY 2019 Q1
FY 2019 Q3	$3,968M; −8.8% vs FY 2019 Q2
FY 2019 Q4	$4,264M; +7.5% vs FY 2019 Q3
FY 2020 Q1	$4,651M; +9.1% vs FY 2019 Q4
FY 2020 Q2	$4,189M; −9.9% vs FY 2020 Q1
FY 2020 Q3	$3,968M; −5.3% vs FY 2020 Q2
FY 2020 Q4	$4,416M; +11.3% vs FY 2020 Q3
FY 2021 Q1	$5,083M; +15.1% vs FY 2020 Q4
FY 2021 Q2	$5,017M; −1.3% vs FY 2021 Q1
FY 2021 Q3	$4,583M; −8.7% vs FY 2021 Q2
FY 2021 Q4	$5,137M; +12.1% vs FY 2021 Q3
FY 2022 Q1	$5,549M; +8.0% vs FY 2021 Q4
FY 2022 Q2	$5,379M; −3.1% vs FY 2022 Q1
FY 2022 Q3	$4,770M; −11.3% vs FY 2022 Q2
FY 2022 Q4	$5,022M; +5.3% vs FY 2022 Q3
FY 2023 Q1	$5,924M; +18.0% vs FY 2022 Q4
FY 2023 Q2	$5,876M; −0.8% vs FY 2023 Q1
FY 2023 Q3	$5,382M; −8.4% vs FY 2023 Q2
FY 2023 Q4	$5,554M; +3.2% vs FY 2023 Q3
FY 2024 Q1	$6,473M; +16.5% vs FY 2023 Q4
FY 2024 Q2	$6,221M; −3.9% vs FY 2024 Q1
FY 2024 Q3	$5,697M; −8.4% vs FY 2024 Q2
FY 2024 Q4	$6,067M; +6.5% vs FY 2024 Q3
FY 2025 Q1	$7,061M; +16.4% vs FY 2024 Q4
FY 2025 Q2	$6,974M; −1.2% vs FY 2025 Q1
FY 2025 Q3	$6,351M; −8.9% vs FY 2025 Q2
FY 2025 Q4	$6,595M; +3.8% vs FY 2025 Q3
FY 2026 Q1	$7,597M; +15.2% vs FY 2025 Q4
FY 2026 Q2	$7,404M; −2.5% vs FY 2026 Q1
FY 2026 Q3	$6,863M; −7.3% vs FY 2026 Q2

Free cash flow

USD millions

$1,397M

Marsh & Mclennan Companies Free cash flow. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
Period	Free cash flow
FY 2009 Q2	$140M; Change unavailable vs FY 2009 Q1
FY 2009 Q3	$575M; +310.7% vs FY 2009 Q2
FY 2009 Q4	$139M; −75.8% vs FY 2009 Q3
FY 2010 Q1	$-331M; −338.1% vs FY 2009 Q4
FY 2010 Q2	$460M; +239.0% vs FY 2010 Q1
FY 2010 Q3	$-272M; −159.1% vs FY 2010 Q2
FY 2010 Q4	$594M; +318.4% vs FY 2010 Q3
FY 2011 Q1	$-443M; −174.6% vs FY 2010 Q4
FY 2011 Q2	$631M; +242.4% vs FY 2011 Q1
FY 2011 Q3	$602M; −4.6% vs FY 2011 Q2
FY 2011 Q4	$635M; +5.5% vs FY 2011 Q3
FY 2012 Q1	$-554M; −187.2% vs FY 2011 Q4
FY 2012 Q2	$471M; +185.0% vs FY 2012 Q1
FY 2012 Q3	$584M; +24.0% vs FY 2012 Q2
FY 2012 Q4	$501M; −14.2% vs FY 2012 Q3
FY 2013 Q1	$-681M; −235.9% vs FY 2012 Q4
FY 2013 Q2	$326M; +147.9% vs FY 2013 Q1
FY 2013 Q3	$642M; +96.9% vs FY 2013 Q2
FY 2013 Q4	$653M; +1.7% vs FY 2013 Q3
FY 2014 Q1	$-479M; −173.4% vs FY 2013 Q4
FY 2014 Q2	$535M; +211.7% vs FY 2014 Q1
FY 2014 Q3	$800M; +49.5% vs FY 2014 Q2
FY 2014 Q4	$888M; +11.0% vs FY 2014 Q3
FY 2015 Q1	$-621M; −169.9% vs FY 2014 Q4
FY 2015 Q2	$27M; +104.3% vs FY 2015 Q1
FY 2015 Q3	$801M; +2866.7% vs FY 2015 Q2
FY 2015 Q4	$832M; +3.9% vs FY 2015 Q3
FY 2016 Q1	$-632M; −176.0% vs FY 2015 Q4
FY 2016 Q2	$747M; +218.2% vs FY 2016 Q1
FY 2016 Q3	$823M; +10.2% vs FY 2016 Q2
FY 2016 Q4	$816M; −0.9% vs FY 2016 Q3
FY 2017 Q1	$-461M; −156.5% vs FY 2016 Q4
FY 2017 Q2	$660M; +243.2% vs FY 2017 Q1
FY 2017 Q3	$721M; +9.2% vs FY 2017 Q2
FY 2017 Q4	$671M; −6.9% vs FY 2017 Q3
FY 2018 Q1	$-422M; −162.9% vs FY 2017 Q4
FY 2018 Q2	$700M; +265.9% vs FY 2018 Q1
FY 2018 Q3	$819M; +17.0% vs FY 2018 Q2
FY 2018 Q4	$1,017M; +24.2% vs FY 2018 Q3
FY 2019 Q1	$-349M; −134.3% vs FY 2018 Q4
FY 2019 Q2	$429M; +222.9% vs FY 2019 Q1
FY 2019 Q3	$927M; +116.1% vs FY 2019 Q2
FY 2019 Q4	$933M; +0.6% vs FY 2019 Q3
FY 2020 Q1	$-756M; −181.0% vs FY 2019 Q4
FY 2020 Q2	$1,134M; +250.0% vs FY 2020 Q1
FY 2020 Q3	$1,343M; +18.4% vs FY 2020 Q2
FY 2020 Q4	$1,313M; −2.2% vs FY 2020 Q3
FY 2021 Q1	$-477M; −136.3% vs FY 2020 Q4
FY 2021 Q2	$1,076M; +325.6% vs FY 2021 Q1
FY 2021 Q3	$1,207M; +12.2% vs FY 2021 Q2
FY 2021 Q4	$1,304M; +8.0% vs FY 2021 Q3
FY 2022 Q1	$-824M; −163.2% vs FY 2021 Q4
FY 2022 Q2	$1,165M; +241.4% vs FY 2022 Q1
FY 2022 Q3	$1,255M; +7.7% vs FY 2022 Q2
FY 2022 Q4	$1,399M; +11.5% vs FY 2022 Q3
FY 2023 Q1	$-903M; −164.5% vs FY 2022 Q4
FY 2023 Q2	$1,383M; +253.2% vs FY 2023 Q1
FY 2023 Q3	$1,699M; +22.8% vs FY 2023 Q2
FY 2023 Q4	$1,663M; −2.1% vs FY 2023 Q3
FY 2024 Q1	$-868M; −152.2% vs FY 2023 Q4
FY 2024 Q2	$1,135M; +230.8% vs FY 2024 Q1
FY 2024 Q3	$1,839M; +62.0% vs FY 2024 Q2
FY 2024 Q4	$1,880M; +2.2% vs FY 2024 Q3
FY 2025 Q1	$-677M; −136.0% vs FY 2024 Q4
FY 2025 Q2	$1,612M; +338.1% vs FY 2025 Q1
FY 2025 Q3	$2,010M; +24.7% vs FY 2025 Q2
FY 2025 Q4	$2,056M; +2.3% vs FY 2025 Q3
FY 2026 Q1	$-750M; −136.5% vs FY 2025 Q4
FY 2026 Q2	$1,451M; +293.5% vs FY 2026 Q1
FY 2026 Q3	$1,397M; −3.7% vs FY 2026 Q2

Net margin

11.77%

Marsh & Mclennan Companies Net margin. Reported fiscal history.
Fiscal period	%
FY 2009 Q2	—
FY 2009 Q3	—
FY 2009 Q4	—
FY 2010 Q1	—
FY 2010 Q2	—
FY 2010 Q3	—
FY 2010 Q4	—
FY 2011 Q1	—
FY 2011 Q2	—
FY 2011 Q3	—
FY 2011 Q4	—
FY 2012 Q1	—
FY 2012 Q2	—
FY 2012 Q3	—
FY 2012 Q4	—
FY 2013 Q1	—
FY 2013 Q2	—
FY 2013 Q3	—
FY 2013 Q4	—
FY 2014 Q1	—
FY 2014 Q2	—
FY 2014 Q3	—
FY 2014 Q4	—
FY 2015 Q1	—
FY 2015 Q2	—
FY 2015 Q3	—
FY 2015 Q4	—
FY 2016 Q1	—
FY 2016 Q2	—
FY 2016 Q3	—
FY 2016 Q4	—
FY 2017 Q1	16.24%
FY 2017 Q2	14.33%
FY 2017 Q3	11.76%
FY 2017 Q4	0.79%
FY 2018 Q1	17.25%
FY 2018 Q2	14.22%
FY 2018 Q3	7.88%
FY 2018 Q4	4.12%
FY 2019 Q1	17.59%
FY 2019 Q2	7.63%
FY 2019 Q3	7.64%
FY 2019 Q4	9.17%
FY 2020 Q1	16.21%
FY 2020 Q2	13.65%
FY 2020 Q3	7.96%
FY 2020 Q4	8.47%
FY 2021 Q1	19.34%
FY 2021 Q2	16.34%
FY 2021 Q3	11.72%
FY 2021 Q4	15.63%
FY 2022 Q1	19.3%
FY 2022 Q2	17.98%
FY 2022 Q3	11.45%
FY 2022 Q4	9.28%
FY 2023 Q1	20.85%
FY 2023 Q2	17.61%
FY 2023 Q3	13.56%
FY 2023 Q4	13.61%
FY 2024 Q1	21.63%
FY 2024 Q2	18.08%
FY 2024 Q3	13.11%
FY 2024 Q4	12.99%
FY 2025 Q1	19.56%
FY 2025 Q2	17.36%
FY 2025 Q3	11.76%
FY 2025 Q4	12.45%
FY 2026 Q1	15.08%
FY 2026 Q2	17.1%
FY 2026 Q3	11.77%

P/E

× · TTM · Daily

22.59×

Marsh & Mclennan Companies P/E. Monthly closing observations; inspect daily values with the chart arrow keys.
Close date	× · TTM · Daily	Financials through
2011-03-31	19.07×	2010-12-31
2011-04-29	19.37×	2010-12-31
2011-05-31	19.62×	2010-12-31
2011-06-30	19.95×	2010-12-31
2011-07-29	18.87×	2010-12-31
2011-08-31	19.01×	2010-12-31
2011-09-30	16.98×	2010-12-31
2011-10-31	19.59×	2010-12-31
2011-11-30	19.31×	2010-12-31
2011-12-30	20.23×	2010-12-31
2012-01-31	20.21×	2010-12-31
2012-02-29	19.96×	2010-12-31
2012-03-30	20.98×	2010-12-31
2012-04-30	21.4×	2010-12-31
2012-05-31	18.94×	2011-03-31
2012-06-29	19.09×	2011-03-31
2012-07-31	19.67×	2011-03-31
2012-08-31	19.39×	2011-06-30
2012-09-28	19.25×	2011-06-30
2012-10-31	19.31×	2011-06-30
2012-11-30	20.57×	2011-09-30
2012-12-31	20.13×	2011-09-30
2013-01-31	20.72×	2011-09-30
2013-02-28	21.69×	2011-09-30
2013-03-28	22.18×	2011-09-30
2013-04-30	22.2×	2011-09-30
2013-05-31	23.37×	2011-09-30
2013-06-28	23.31×	2011-09-30
2013-07-31	24.45×	2011-09-30
2013-08-30	24.08×	2011-09-30
2013-09-30	25.44×	2011-09-30
2013-10-31	26.75×	2011-09-30
2013-11-29	27.71×	2011-09-30
2013-12-31	28.24×	2011-09-30
2014-01-31	26.7×	2011-09-30
2014-02-28	19.8×	2013-12-31
2014-03-31	20.27×	2013-12-31
2014-04-30	20.28×	2013-12-31
2014-05-30	20.67×	2013-12-31
2014-06-30	21.31×	2013-12-31
2014-07-31	20.88×	2013-12-31
2014-08-29	21.83×	2013-12-31
2014-09-30	21.52×	2013-12-31
2014-10-31	22.36×	2013-12-31
2014-11-28	23.27×	2013-12-31
2014-12-31	23.54×	2013-12-31
2015-01-30	22.11×	2013-12-31
2015-02-27	21.36×	2014-12-31
2015-03-31	21.06×	2014-12-31
2015-04-30	21.09×	2014-12-31
2015-05-29	21.1×	2015-03-31
2015-06-30	20.55×	2015-03-31
2015-07-31	21×	2015-03-31
2015-08-31	19.47×	2015-03-31
2015-09-30	18.92×	2015-03-31
2015-10-30	20.2×	2015-03-31
2015-11-30	20.04×	2015-03-31
2015-12-31	20.09×	2015-03-31
2016-01-29	19.33×	2015-03-31
2016-02-29	20.67×	2015-03-31
2016-03-31	22.03×	2015-03-31
2016-04-29	22.88×	2015-03-31
2016-05-31	23.94×	2015-03-31
2016-06-30	24.81×	2015-03-31
2016-07-29	23.83×	2015-03-31
2016-08-31	21.51×	2016-06-30
2016-09-30	21.38×	2016-06-30
2016-10-31	19.42×	2016-09-30
2016-11-30	21.24×	2016-09-30
2016-12-30	20.71×	2016-09-30
2017-01-31	20.84×	2016-09-30
2017-02-28	22.51×	2016-09-30
2017-03-31	22.64×	2016-09-30
2017-04-28	22.71×	2016-09-30
2017-05-31	23.76×	2016-09-30
2017-06-30	23.89×	2016-09-30
2017-07-31	23.89×	2016-09-30
2017-08-31	23.92×	2016-09-30
2017-09-29	25.68×	2016-09-30
2017-10-31	24.8×	2016-09-30
2017-11-30	25.71×	2016-09-30
2017-12-29	24.94×	2016-09-30
2018-01-31	25.59×	2016-09-30
2018-02-28	25.44×	2016-09-30
2018-03-29	25.3×	2016-09-30
2018-04-30	24.97×	2016-09-30
2018-05-31	24.62×	2016-09-30
2018-06-29	25.11×	2016-09-30
2018-07-31	25.54×	2016-09-30
2018-08-31	25.93×	2016-09-30
2018-09-28	25.34×	2016-09-30
2018-10-31	25.97×	2016-09-30
2018-11-30	27.18×	2016-09-30
2018-12-31	24.43×	2016-09-30
2019-01-31	27.02×	2016-09-30
2019-02-28	25.42×	2017-09-30
2019-03-29	25.66×	2017-09-30
2019-04-30	25.77×	2017-09-30
2019-05-31	26.13×	2017-09-30
2019-06-28	27.26×	2017-09-30
2019-07-31	27×	2017-09-30
2019-08-30	34.63×	2019-06-30
2019-09-30	34.68×	2019-06-30
2019-10-31	35.21×	2019-09-30
2019-11-29	36.72×	2019-09-30
2019-12-31	37.85×	2019-09-30
2020-01-31	38.01×	2019-09-30
2020-02-28	30.67×	2019-12-31
2020-03-31	25.36×	2019-12-31
2020-04-30	28.55×	2019-12-31
2020-05-29	30.35×	2020-03-31
2020-06-30	30.76×	2020-03-31
2020-07-31	33.41×	2020-03-31
2020-08-31	32.92×	2020-03-31
2020-09-30	32.86×	2020-03-31
2020-10-30	29.64×	2020-03-31
2020-11-30	32.85×	2020-03-31
2020-12-31	33.52×	2020-03-31
2021-01-29	31.49×	2020-03-31
2021-02-26	29.43×	2020-12-31
2021-03-31	31.11×	2020-12-31
2021-04-30	34.66×	2020-12-31
2021-05-28	35.34×	2020-12-31
2021-06-30	35.94×	2020-12-31
2021-07-30	30.29×	2021-06-30
2021-08-31	32.35×	2021-06-30
2021-09-30	31.16×	2021-06-30
2021-10-29	34.32×	2021-06-30
2021-11-30	33.75×	2021-06-30
2021-12-31	35.77×	2021-06-30
2022-01-31	31.62×	2021-06-30
2022-02-28	25.37×	2021-12-31
2022-03-31	27.82×	2021-12-31
2022-04-29	26.39×	2021-12-31
2022-05-31	26.11×	2021-12-31
2022-06-30	25.34×	2021-12-31
2022-07-29	26.76×	2021-12-31
2022-08-31	26.34×	2021-12-31
2022-09-30	24.37×	2021-12-31
2022-10-31	23.98×	2022-09-30
2022-11-30	25.72×	2022-09-30
2022-12-30	24.58×	2022-09-30
2023-01-31	25.98×	2022-09-30
2023-02-28	26.69×	2022-12-31
2023-03-31	27.41×	2022-12-31
2023-04-28	28.03×	2023-03-31
2023-05-31	26.94×	2023-03-31
2023-06-30	29.26×	2023-03-31
2023-07-31	28.65×	2023-06-30
2023-08-31	29.65×	2023-06-30
2023-09-29	28.93×	2023-06-30
2023-10-31	27.3×	2023-09-30
2023-11-30	28.71×	2023-09-30
2023-12-29	27.28×	2023-09-30
2024-01-31	27.91×	2023-09-30
2024-02-29	26.87×	2023-12-31
2024-03-28	27.37×	2023-12-31
2024-04-30	26.5×	2023-12-31
2024-05-31	27.58×	2023-12-31
2024-06-28	28×	2023-12-31
2024-07-31	29.57×	2023-12-31
2024-08-30	30.23×	2023-12-31
2024-09-30	29.64×	2023-12-31
2024-10-31	28.99×	2023-12-31
2024-11-29	30.99×	2023-12-31
2024-12-31	28.22×	2023-12-31
2025-01-31	28.81×	2023-12-31
2025-02-28	31.6×	2023-12-31
2025-03-31	32.42×	2023-12-31
2025-04-30	28.58×	2024-03-31
2025-05-30	29.62×	2024-03-31
2025-06-30	27.71×	2024-03-31
2025-07-31	24.63×	2024-06-30
2025-08-29	25.45×	2024-06-30
2025-09-30	24.92×	2024-06-30
2025-10-31	21.32×	2025-09-30
2025-11-28	21.96×	2025-09-30
2025-12-31	22.21×	2025-09-30
2026-01-30	22.53×	2025-09-30
2026-02-27	22.35×	2025-09-30
2026-03-31	20.76×	2025-09-30
2026-04-30	20.77×	2026-03-31
2026-05-29	19.81×	2026-03-31
2026-06-30	20.64×	2026-03-31
2026-07-31	22.97×	2026-06-30
2026-08-31	22.99×	2026-06-30
2026-09-30	20.68×	2026-06-30
2026-10-21	22.59×	2026-09-30

ROIC

% · Annual / TTM

14.15%

Marsh & Mclennan Companies ROIC. Reported fiscal history.
Fiscal period	% · Annual / TTM
FY 2009 Q2	—
FY 2009 Q3	—
FY 2009 Q4	—
FY 2010 Q1	—
FY 2010 Q2	—
FY 2010 Q3	—
FY 2010 Q4	8.73%
FY 2011 Q1	—
FY 2011 Q2	—
FY 2011 Q3	—
FY 2011 Q4	15.72%
FY 2012 Q1	14.1%
FY 2012 Q2	14.84%
FY 2012 Q3	16.42%
FY 2012 Q4	17.91%
FY 2013 Q1	16.73%
FY 2013 Q2	17.13%
FY 2013 Q3	17.64%
FY 2013 Q4	18.02%
FY 2014 Q1	16.77%
FY 2014 Q2	17.22%
FY 2014 Q3	18.34%
FY 2014 Q4	19.15%
FY 2015 Q1	17.47%
FY 2015 Q2	17.07%
FY 2015 Q3	18.05%
FY 2015 Q4	18.85%
FY 2016 Q1	16.76%
FY 2016 Q2	17.45%
FY 2016 Q3	18.99%
FY 2016 Q4	19.58%
FY 2017 Q1	18.05%
FY 2017 Q2	18.52%
FY 2017 Q3	19.22%
FY 2017 Q4	14.99%
FY 2018 Q1	13.85%
FY 2018 Q2	13.71%
FY 2018 Q3	13.46%
FY 2018 Q4	17.08%
FY 2019 Q1	12.63%
FY 2019 Q2	12.02%
FY 2019 Q3	12.23%
FY 2019 Q4	12.52%
FY 2020 Q1	10.3%
FY 2020 Q2	11.26%
FY 2020 Q3	11.96%
FY 2020 Q4	12.07%
FY 2021 Q1	12.49%
FY 2021 Q2	13.21%
FY 2021 Q3	14.74%
FY 2021 Q4	16.72%
FY 2022 Q1	15.91%
FY 2022 Q2	16.72%
FY 2022 Q3	17.9%
FY 2022 Q4	15.7%
FY 2023 Q1	15.17%
FY 2023 Q2	15.5%
FY 2023 Q3	17.39%
FY 2023 Q4	18.47%
FY 2024 Q1	17.42%
FY 2024 Q2	17.36%
FY 2024 Q3	18.08%
FY 2024 Q4	16.32%
FY 2025 Q1	15.4%
FY 2025 Q2	15.56%
FY 2025 Q3	16.39%
FY 2025 Q4	15.03%
FY 2026 Q1	13.5%
FY 2026 Q2	13.45%
FY 2026 Q3	14.15%

Capital allocation

% of tracked cash uses

$1,832M

Marsh & Mclennan Companies capital allocation. Quarterly values. Missing values are unavailable.
Period	Capex	Acquisitions	Buybacks	Dividends	Debt repayments	Tracked uses
FY 2009 Q2	12.63% · $74M	0.68% · $4M	0.17% · $1M	17.92% · $105M	68.6% · $402M	100% · $586M
FY 2009 Q3	33.85% · $66M	0.51% · $1M	5.64% · $11M	58.97% · $115M	1.03% · $2M	100% · $195M
FY 2009 Q4	35.04% · $96M	24.09% · $66M	0.36% · $1M	39.78% · $109M	0.73% · $2M	100% · $274M
FY 2010 Q1	18.69% · $80M	46.03% · $197M	9.35% · $40M	25.47% · $109M	0.47% · $2M	100% · $428M
FY 2010 Q2	34.81% · $63M	0.55% · $1M	1.66% · $3M	61.88% · $112M	1.1% · $2M	100% · $181M
FY 2010 Q3	6.54% · $50M	6.54% · $50M	Unavailable	14.64% · $112M	72.29% · $553M	100% · $765M
FY 2010 Q4	17.61% · $78M	55.08% · $244M	Unavailable	26.86% · $119M	0.45% · $2M	100% · $443M
FY 2011 Q1	23.1% · $67M	35.86% · $104M	Unavailable	40.34% · $117M	0.69% · $2M	100% · $290M
FY 2011 Q2	36.41% · $75M	4.37% · $9M	Unavailable	57.28% · $118M	1.94% · $4M	100% · $206M
FY 2011 Q3	18.81% · $63M	6.27% · $21M	37.61% · $126M	36.72% · $123M	0.6% · $2M	100% · $335M
FY 2011 Q4	24.75% · $75M	33.99% · $103M	0% · $0M	40.26% · $122M	0.99% · $3M	100% · $303M
FY 2012 Q1	10.54% · $51M	12.4% · $60M	Unavailable	25% · $121M	52.07% · $252M	100% · $484M
FY 2012 Q2	33.79% · $98M	23.79% · $69M	Unavailable	41.72% · $121M	0.69% · $2M	100% · $290M
FY 2012 Q3	29.94% · $100M	7.19% · $24M	23.95% · $80M	38.02% · $127M	0.9% · $3M	100% · $334M
FY 2012 Q4	18.21% · $71M	35.64% · $139M	12.82% · $50M	32.82% · $128M	0.51% · $2M	100% · $390M
FY 2013 Q1	15.49% · $88M	0.18% · $1M	17.61% · $100M	22.36% · $127M	44.37% · $252M	100% · $568M
FY 2013 Q2	21.89% · $104M	18.95% · $90M	31.58% · $150M	26.95% · $128M	0.63% · $3M	100% · $475M
FY 2013 Q3	23.76% · $96M	4.21% · $17M	37.13% · $150M	34.41% · $139M	0.5% · $2M	100% · $404M
FY 2013 Q4	25.74% · $113M	7.74% · $34M	34.17% · $150M	31.66% · $139M	0.68% · $3M	100% · $439M
FY 2014 Q1	15.05% · $99M	48.48% · $319M	15.2% · $100M	20.82% · $137M	0.46% · $3M	100% · $658M
FY 2014 Q2	18.49% · $103M	11.49% · $64M	44.88% · $250M	24.78% · $138M	0.36% · $2M	100% · $557M
FY 2014 Q3	9.86% · $83M	3.92% · $33M	29.69% · $250M	18.29% · $154M	38.24% · $322M	100% · $842M
FY 2014 Q4	14.36% · $83M	23.88% · $138M	34.6% · $200M	26.47% · $153M	0.69% · $4M	100% · $578M
FY 2015 Q1	16.25% · $91M	2.86% · $16M	53.57% · $300M	26.96% · $151M	0.36% · $2M	100% · $560M
FY 2015 Q2	8.87% · $85M	25.47% · $244M	49.58% · $475M	15.76% · $151M	0.31% · $3M	100% · $958M
FY 2015 Q3	7.58% · $73M	17.76% · $171M	57.11% · $550M	17.24% · $166M	0.31% · $3M	100% · $963M
FY 2015 Q4	8.55% · $76M	58.61% · $521M	8.44% · $75M	18.45% · $164M	5.96% · $53M	100% · $889M
FY 2016 Q1	10.41% · $51M	15.31% · $75M	40.82% · $200M	32.86% · $161M	0.61% · $3M	100% · $490M
FY 2016 Q2	14.22% · $63M	0.45% · $2M	47.4% · $210M	37.25% · $165M	0.68% · $3M	100% · $443M
FY 2016 Q3	12.85% · $60M	2.36% · $11M	46.04% · $215M	38.12% · $178M	0.64% · $3M	100% · $467M
FY 2016 Q4	6.81% · $79M	62.5% · $725M	15.09% · $175M	15.34% · $178M	0.26% · $3M	100% · $1,160M
FY 2017 Q1	7.27% · $62M	48.18% · $411M	23.45% · $200M	20.52% · $175M	0.59% · $5M	100% · $853M
FY 2017 Q2	11.55% · $82M	0.14% · $1M	28.17% · $200M	24.79% · $176M	35.35% · $251M	100% · $710M
FY 2017 Q3	9.85% · $73M	29.28% · $217M	26.99% · $200M	26.18% · $194M	7.69% · $57M	100% · $741M
FY 2017 Q4	13.98% · $85M	4.28% · $26M	49.34% · $300M	32.07% · $195M	0.33% · $2M	100% · $608M
FY 2018 Q1	11.07% · $58M	4.58% · $24M	47.71% · $250M	36.07% · $189M	0.57% · $3M	100% · $524M
FY 2018 Q2	11.96% · $77M	18.63% · $120M	38.82% · $250M	30.12% · $194M	0.47% · $3M	100% · $644M
FY 2018 Q3	10.01% · $87M	45.11% · $392M	20.14% · $175M	24.28% · $211M	0.46% · $4M	100% · $869M
FY 2018 Q4	10.15% · $92M	38.41% · $348M	0% · $0M	23.51% · $213M	27.92% · $253M	100% · $906M
FY 2019 Q1	17.14% · $73M	32.86% · $140M	0% · $0M	49.3% · $210M	0.7% · $3M	100% · $426M
FY 2019 Q2	1.42% · $88M	86.26% · $5,360M	1.61% · $100M	3.41% · $212M	7.31% · $454M	100% · $6,214M
FY 2019 Q3	14.32% · $123M	0% · $0M	23.28% · $200M	27.12% · $233M	35.27% · $303M	100% · $859M
FY 2019 Q4	15.82% · $137M	0.58% · $5M	21.36% · $185M	27.14% · $235M	35.1% · $304M	100% · $866M
FY 2020 Q1	11.21% · $118M	18.99% · $200M	0% · $0M	22.03% · $232M	47.77% · $503M	100% · $1,053M
FY 2020 Q2	12.02% · $82M	53.08% · $362M	0% · $0M	34.31% · $234M	0.59% · $4M	100% · $682M
FY 2020 Q3	9.54% · $78M	Unavailable	0% · $0M	28.85% · $236M	61.61% · $504M	100% · $818M
FY 2020 Q4	3.64% · $70M	5.67% · $109M	0% · $0M	12.53% · $241M	78.17% · $1,504M	100% · $1,924M
FY 2021 Q1	16.35% · $69M	0% · $0M	26.54% · $112M	56.16% · $237M	0.95% · $4M	100% · $422M
FY 2021 Q2	5.42% · $82M	23.99% · $363M	21.28% · $322M	15.93% · $241M	33.38% · $505M	100% · $1,513M
FY 2021 Q3	16.03% · $117M	5.21% · $38M	41.1% · $300M	37.26% · $272M	0.41% · $3M	100% · $730M
FY 2021 Q4	7.66% · $138M	25.43% · $458M	23.6% · $425M	15.32% · $276M	27.98% · $504M	100% · $1,801M
FY 2022 Q1	13.23% · $122M	2.6% · $24M	54.23% · $500M	29.5% · $272M	0.43% · $4M	100% · $922M
FY 2022 Q2	11.75% · $117M	Unavailable	60.24% · $600M	27.61% · $275M	0.4% · $4M	100% · $996M
FY 2022 Q3	13.81% · $128M	Unavailable	53.94% · $500M	31.61% · $293M	0.65% · $6M	100% · $927M
FY 2022 Q4	9.35% · $103M	Unavailable	31.76% · $350M	27.04% · $298M	31.85% · $351M	100% · $1,102M
FY 2023 Q1	12.28% · $84M	Unavailable	43.86% · $300M	43.27% · $296M	0.58% · $4M	100% · $684M
FY 2023 Q2	14.43% · $101M	Unavailable	42.86% · $300M	42.14% · $295M	0.57% · $4M	100% · $700M
FY 2023 Q3	14.45% · $111M	Unavailable	39.06% · $300M	45.96% · $353M	0.52% · $4M	100% · $768M
FY 2023 Q4	12.27% · $120M	Unavailable	25.56% · $250M	36.2% · $354M	25.97% · $254M	100% · $978M
FY 2024 Q1	4.25% · $87M	14.71% · $301M	14.66% · $300M	17.3% · $354M	49.07% · $1,004M	100% · $2,046M
FY 2024 Q2	4.76% · $80M	20.42% · $343M	17.86% · $300M	20.95% · $352M	36.01% · $605M	100% · $1,680M
FY 2024 Q3	6.19% · $73M	33.76% · $398M	25.45% · $300M	34.27% · $404M	0.34% · $4M	100% · $1,179M
FY 2024 Q4	0.95% · $76M	93.95% · $7,500M	0% · $0M	5.05% · $403M	0.05% · $4M	100% · $7,983M
FY 2025 Q1	4.29% · $55M	1.4% · $18M	23.38% · $300M	31.57% · $405M	39.36% · $505M	100% · $1,283M
FY 2025 Q2	7.26% · $59M	5.41% · $44M	36.9% · $300M	49.82% · $405M	0.62% · $5M	100% · $813M
FY 2025 Q3	6.64% · $72M	14.93% · $162M	37.05% · $402M	41.01% · $445M	0.37% · $4M	100% · $1,085M
FY 2025 Q4	5.27% · $105M	21.49% · $428M	50.7% · $1,010M	22.29% · $444M	0.25% · $5M	100% · $1,992M
FY 2026 Q1	3.26% · $62M	2.15% · $41M	39.67% · $755M	23.12% · $440M	31.79% · $605M	100% · $1,903M
FY 2026 Q2	5.29% · $72M	6.47% · $88M	55.66% · $757M	32.21% · $438M	0.37% · $5M	100% · $1,360M
FY 2026 Q3	4.42% · $81M	7.31% · $134M	27.51% · $504M	25.98% · $476M	34.77% · $637M	100% · $1,832M

Sources and calculations

Company filings · USD · Last checked 2026-10-19. Missing inputs remain unavailable. Your chart selection and layout are saved in this browser for Marsh & Mclennan Companies.

All charts share the selected dates. Quarterly/Yearly changes fiscal charts; valuation keeps completed daily closes on a published TTM basis. Later restatements can delay that basis. Historical mean, median and pricing labels use the selected range and do not estimate intrinsic fair value.

SBC deduction is an optional economic-cost scenario for FCF-based metrics. Missing SBC never becomes zero.

Revenue: Reported revenue from company filings.
Free cash flow: Operating cash flow − reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Reflects the SBC option and can differ from issuer-defined FCF.
Net margin: Reported net income / revenue × 100.
P/E: Completed closing price × diluted shares / TTM earnings attributable to common shareholders.
ROIC: NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
Capital allocation: Reported cash uses as a percentage of tracked uses. Missing categories remain unavailable; SBC is noncash and excluded.

Reported revenue and sources

Marsh & Mclennan Companies financials