Marsh & Mclennan Companies (MRSH) Cash from Operations (2009 - 2026)
Marsh & Mclennan Companies' (MRSH) quarterly Cash from Operations came in at $1.5 billion in Q2 2026, down 8.86% on a YoY basis from $1.7 billion in Q2 2025, and up 321.37% quarter-over-quarter from -$688.0 million in Q1 2026.
Powered by 
Analysis
Marsh & Mclennan Companies (MRSH) Cash from Operations (2009 - 2026) Analysis & Trends
Marsh & Mclennan Companies (MRSH) has reported Cash from Operations for 18 consecutive years, with $1.5 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cash from Operations fell 8.86% year-over-year to $1.5 billion; the trailing twelve-month figure through Jun 2026 stood at $5.1 billion (up 3.27% YoY), and the FY2025 full-year result was $5.3 billion, up 23.01% from the prior year.
- Cash from Operations grew to $1.5 billion in Q2 2026 per MRSH's latest filing, from -$688.0 million in the prior quarter.
- Across five years, Cash from Operations topped out at $2.2 billion in Q4 2025 and bottomed at -$819.0 million in Q1 2023.
- Historically, Cash from Operations has averaged $1.0 billion across 5 years, with a median of $1.5 billion in 2022.
- The sharpest annual moves came in 2022 and 2025: Cash from Operations tumbled 72.06% in 2022, then soared 37.53% in 2025.
- Over 5 years, Cash from Operations stood at $1.5 billion in 2022, then grew by 18.71% to $1.8 billion in 2023, then climbed by 9.7% to $2.0 billion in 2024, then increased by 10.48% to $2.2 billion in 2025, then fell by 29.52% to $1.5 billion in 2026.
- According to Business Quant data, Cash from Operations over the past three periods registered $1.5 billion, -$688.0 million, and $2.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 81.24 Bn | 69.29 Bn | 6.04 Bn | 1.52 Bn |
| 2 | Aon | 60.67 Bn | 59.43 Bn | - | 556.00 Mn |
| 3 | Arthur J. Gallagher | 59.09 Bn | 57.73 Bn | - | 10.00 Mn |
| 4 | Willis Towers Watson | 28.02 Bn | 26.44 Bn | 2.09 Bn | 484.00 Mn |
| 5 | Brown & Brown | 20.61 Bn | 19.72 Bn | 1.41 Bn | 346.00 Mn |
| 6 | XChange TEC.INC | 11.95 Bn | 11.95 Bn | - | - |
| 7 | Erie Indemnity | 10.83 Bn | 10.48 Bn | - | 214.92 Mn |
| 8 | Ryan Specialty Holdings | 9.82 Bn | 10.19 Bn | - | 293.03 Mn |
| 9 | Hagerty | 4.67 Bn | 4.81 Bn | 244.11 Mn | 169.90 Mn |
| 10 | Baldwin Insurance | 4.45 Bn | 4.81 Bn | - | 45.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.52 Bn |
| Mar 31, 2026 | -688.00 Mn |
| Dec 31, 2025 | 2.16 Bn |
| Sep 30, 2025 | 2.08 Bn |
| Jun 30, 2025 | 1.67 Bn |
| Mar 31, 2025 | -622.00 Mn |
| Dec 31, 2024 | 1.96 Bn |
| Sep 30, 2024 | 1.91 Bn |
| Jun 30, 2024 | 1.22 Bn |
| Mar 31, 2024 | -781.00 Mn |
| Dec 31, 2023 | 1.78 Bn |
| Sep 30, 2023 | 1.81 Bn |
| Jun 30, 2023 | 1.48 Bn |
| Mar 31, 2023 | -819.00 Mn |
| Dec 31, 2022 | 1.50 Bn |
| Sep 30, 2022 | 1.38 Bn |
| Jun 30, 2022 | 1.28 Bn |
| Mar 31, 2022 | -702.00 Mn |
| Dec 31, 2021 | 1.44 Bn |
| Sep 30, 2021 | 1.32 Bn |
API Access
Marsh & Mclennan Companies Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=MRSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "MRSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=MRSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();