Marsh & Mclennan Companies (MRSH) Cash from Operations (2009 - 2026)
Marsh & Mclennan Companies (MRSH) recorded Cash from Operations of $1.48 billion in Q3 2026, down 29.0% from $2.08 billion a year earlier and down 3.0% from the prior quarter.
Marsh & Mclennan Companies (MRSH) Cash from Operations (2009 - 2026) Analysis & Trends
On a TTM basis, Marsh & Mclennan Companies' Cash from Operations came in at $4.47 billion as of Sep 30, 2026, down 12.1% year-over-year; for FY2025, it came in at $5.29 billion, up 23.0% from FY2024.
- Annual Cash from Operations has increased for three straight years, with a five-year compound annual growth rate of 9.4% (FY2020 to FY2025).
- Across earlier years, Cash from Operations came in at $4.3 billion in FY2024 (+1.0%), $4.26 billion in FY2023 (+22.9%), $3.47 billion in FY2022 (-1.5%) and $3.52 billion in FY2021 (+4.0%).
- Quarterly Cash from Operations has ranged from -$819 million in Q1 2023 to $2.16 billion in Q4 2025 over the past five years.
- On a year-over-year basis, Cash from Operations rose in four of the last six quarters, with growth averaging 4.8%.
- Peak year-over-year performance for Cash from Operations in the last five years was growth of 37.5% in Q2 2025, against a decline of 29.0% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.52 billion (Q2 2026), -$688 million (Q1 2026) and $2.16 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,168.75 Bn | -248.72 Bn | 55.86 Bn | 11.22 Bn |
| 2 | Chubb | 136.94 Bn | 89.00 Bn | 9.13 Bn | 3.73 Bn |
| 3 | Progressive | 132.57 Bn | 108.40 Bn | 9.04 Bn | 3.61 Bn |
| 4 | Marsh & Mclennan Companies | 93.82 Bn | 86.22 Bn | - | 1.48 Bn |
| 5 | Travelers Companies | 83.08 Bn | 59.33 Bn | 6.23 Bn | 1.92 Bn |
| 6 | Manulife Financial | 75.37 Bn | -18.34 Bn | - | 3.00 Bn |
| 7 | Arthur J. Gallagher | 68.71 Bn | 63.14 Bn | - | 10.00 Mn |
| 8 | Aon | 64.39 Bn | 57.63 Bn | - | 556.00 Mn |
| 9 | Allstate | 64.30 Bn | 25.55 Bn | 8.73 Bn | 2.63 Bn |
| 10 | Metlife | 63.02 Bn | -43.46 Bn | 7.82 Bn | 2.23 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.48 Bn |
| 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 |
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_KEY
import 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();