Marsh & Mclennan Companies (MRSH) Change in Taxes (2009 - 2026)
Marsh & Mclennan Companies (MRSH) posted Change in Taxes of -$100 million for Q3 2026, compared with $7 million a year earlier.
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Analysis
Marsh & Mclennan Companies (MRSH) Change in Taxes (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Change in Taxes at Marsh & Mclennan Companies was -$116 million; for FY2025, it was $12 million, down 90.2% from FY2024.
- Annual Change in Taxes shows a five-year compound annual growth rate of -28.2% (FY2020 to FY2025).
- In prior years, Marsh & Mclennan Companies' Change in Taxes was $123 million in FY2024 (+17.1%), $105 million in FY2023, -$54 million in FY2022 and -$33 million in FY2021.
- Quarterly Change in Taxes has run from a low of -$229 million in Q4 2021 to a high of $209 million in Q1 2024 over five years.
- On a year-over-year basis, Change in Taxes increased in 1 of the last five quarters, with growth averaging 10.0%.
- The strongest year-over-year quarter for Change in Taxes in the past five years was Q2 2025, with growth of 140.0%; the weakest was Q2 2024, with a decline of 91.1%.
- According to Business Quant data, Change in Taxes for the three prior quarters was $12 million (Q2 2026), $157 million (Q1 2026) and -$185 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.76 Bn | 86.40 Bn | 8.67 Bn | 45.00 Mn |
| 2 | Progressive | 132.42 Bn | 107.94 Bn | 8.29 Bn | -99.00 Mn |
| 3 | Marsh & Mclennan Companies | 97.25 Bn | 89.41 Bn | - | -100.00 Mn |
| 4 | Travelers Companies | 81.75 Bn | 59.24 Bn | 5.93 Bn | - |
| 5 | Manulife Financial | 73.54 Bn | -21.96 Bn | - | - |
| 6 | Arthur J. Gallagher | 72.19 Bn | 66.78 Bn | - | -20.00 Mn |
| 7 | Aon | 71.05 Bn | 50.25 Bn | - | 20.00 Mn |
| 8 | Allstate | 64.22 Bn | 24.06 Bn | 7.41 Bn | 435.00 Mn |
| 9 | Metlife | 63.14 Bn | -43.64 Bn | 7.82 Bn | - |
| 10 | Aflac | 61.62 Bn | 37.98 Bn | 1.87 Bn | 148.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -100.00 Mn |
| Jun 30, 2026 | 12.00 Mn |
| Mar 31, 2026 | 157.00 Mn |
| Dec 31, 2025 | -185.00 Mn |
| Sep 30, 2025 | 7.00 Mn |
| Jun 30, 2025 | 12.00 Mn |
| Mar 31, 2025 | 178.00 Mn |
| Dec 31, 2024 | -110.00 Mn |
| Sep 30, 2024 | 19.00 Mn |
| Jun 30, 2024 | 5.00 Mn |
| Mar 31, 2024 | 209.00 Mn |
| Dec 31, 2023 | -137.00 Mn |
| Sep 30, 2023 | -3.00 Mn |
| Jun 30, 2023 | 56.00 Mn |
| Mar 31, 2023 | 189.00 Mn |
| Dec 31, 2022 | -210.00 Mn |
| Sep 30, 2022 | -79.00 Mn |
| Jun 30, 2022 | 91.00 Mn |
| Mar 31, 2022 | 144.00 Mn |
| Dec 31, 2021 | -229.00 Mn |
API Access
Marsh & Mclennan Companies Change in Taxes 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=change-in-taxes&ticker=MRSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "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=change-in-taxes&ticker=MRSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();