Marsh & Mclennan Companies (MRSH) Debt to Equity (2009 - 2026)
Marsh & Mclennan Companies (MRSH) reported Debt to Equity of $1.39 for Q1 2026, down 3.29% on a YoY basis from $1.44 in Q1 2025, and up 8.8% quarter-over-quarter from $1.28 in Q4 2025.
Marsh & Mclennan Companies (MRSH) Debt to Equity (2009 - 2026) Analysis & Trends
Marsh & Mclennan Companies has reported Debt to Equity for 18 years, with the latest figure at $1.39 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 3.29% year-over-year to $1.39; the trailing twelve-month figure through Mar 2026 stood at $1.39 (down 3.29% YoY), and the FY2025 full-year result was $1.28, up 140.01% from the prior year.
- Debt to Equity for Q1 2026 stood at $1.39, up from $1.28 in the prior quarter.
- The five-year high for Debt to Equity was $50.2 in Q4 2022, with the low at -$5.43 in Q2 2025.
- Historically, Debt to Equity has averaged $3.01 across 5 years, with a median of $1.09 in 2023.
- Annual changes were most pronounced in 2022 — Debt to Equity soared 2152.78% — and 2024, when it plunged 526.77%.
- Marsh & Mclennan Companies' Debt to Equity stood at $50.2 in 2022, then plunged by 97.83% to $1.09 in 2023, then plunged by 393.71% to -$3.2 in 2024, then surged by 140.01% to $1.28 in 2025, then advanced by 8.8% to $1.39 in 2026.
- The last three Debt to Equity figures came in at $1.39 (Q1 2026), $1.28 (Q4 2025), and $1.27 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | 1.39 |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | 1.47 |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | 0.53 |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | 0.78 |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | 0.63 |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | -0.04 |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | -1.06 |
| 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 | - | 2.35 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.39 |
| Dec 31, 2025 | 1.28 |
| Sep 30, 2025 | 1.27 |
| Jun 30, 2025 | -5.43 |
| Mar 31, 2025 | 1.44 |
| Dec 31, 2024 | -3.20 |
| Sep 30, 2024 | 0.93 |
| Jun 30, 2024 | -2.45 |
| Mar 31, 2024 | -1.87 |
| Dec 31, 2023 | 1.09 |
| Sep 30, 2023 | 1.18 |
| Jun 30, 2023 | 0.57 |
| Mar 31, 2023 | -5.25 |
| Dec 31, 2022 | 50.20 |
| Sep 30, 2022 | 1.16 |
| Jun 30, 2022 | 11.30 |
| Mar 31, 2022 | -2.40 |
| Dec 31, 2021 | -2.45 |
| Sep 30, 2021 | 1.09 |
| Jun 30, 2021 | 0.61 |