Marsh & Mclennan Companies (MRSH) Change in Taxes (2009 - 2026)
Marsh & Mclennan Companies (MRSH) reported Change in Taxes of $157.0 million for Q1 2026, down 11.8% on a YoY basis from $178.0 million in Q1 2025, and up 184.86% quarter-over-quarter from -$185.0 million in Q4 2025.
Marsh & Mclennan Companies (MRSH) Change in Taxes (2009 - 2026) Analysis & Trends
Marsh & Mclennan Companies has reported Change in Taxes for 18 years, with the latest figure at $157.0 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Taxes fell 11.8% year-over-year to $157.0 million; the trailing twelve-month figure through Mar 2026 stood at -$9.0 million (down 109.78% YoY), and the FY2025 full-year result was $12.0 million, down 90.24% from the prior year.
- Change in Taxes for Q1 2026 stood at $157.0 million, up from -$185.0 million in the prior quarter.
- The five-year high for Change in Taxes was $209.0 million in Q1 2024, with the low at -$210.0 million in Q4 2022.
- Historically, Change in Taxes has averaged $20.2 million across 5 years, with a median of $12.0 million in 2025.
- The largest YoY upside for Change in Taxes was 733.33% in 2024 against a maximum downside of 91.07% in 2024.
- Marsh & Mclennan Companies' Change in Taxes stood at -$210.0 million in 2022, then surged by 34.76% to -$137.0 million in 2023, then gained by 19.71% to -$110.0 million in 2024, then slumped by 68.18% to -$185.0 million in 2025, then jumped by 184.86% to $157.0 million in 2026.
- The last three Change in Taxes figures came in at $157.0 million (Q1 2026), -$185.0 million (Q4 2025), and $7.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | 157.00 Mn |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | 243.00 Mn |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | 52.00 Mn |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | - |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | - |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | - |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | 1.55 Mn |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | - |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | - |
| 10 | Baldwin Insurance | 1.62 Bn | 2.07 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 157.00 Mn |
| Mar 31, 2026 | 157.00 Mn |
| Dec 31, 2025 | -185.00 Mn |
| Dec 31, 2025 | -185.00 Mn |
| Sep 30, 2025 | 7.00 Mn |
| Sep 30, 2025 | 7.00 Mn |
| Jun 30, 2025 | 12.00 Mn |
| Jun 30, 2025 | 12.00 Mn |
| Mar 31, 2025 | 178.00 Mn |
| Mar 31, 2025 | 178.00 Mn |
| Dec 31, 2024 | -110.00 Mn |
| Dec 31, 2024 | -110.00 Mn |
| Sep 30, 2024 | 19.00 Mn |
| Sep 30, 2024 | 19.00 Mn |
| Jun 30, 2024 | 5.00 Mn |
| Jun 30, 2024 | 5.00 Mn |
| Mar 31, 2024 | 209.00 Mn |
| Mar 31, 2024 | 209.00 Mn |
| Dec 31, 2023 | -137.00 Mn |
| Dec 31, 2023 | -137.00 Mn |