Marsh & Mclennan Companies (MRSH) EBITDA Margin (2009 - 2026)
Marsh & Mclennan Companies' EBITDA Margin came in at 21.07% for Q3 2026, down 0.88 percentage points from 21.95% a year earlier and down 7.64 percentage points from the prior quarter.
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Analysis
Marsh & Mclennan Companies (MRSH) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Marsh & Mclennan Companies reported EBITDA Margin of 24.60%, down 1.97 percentage points year-over-year; for FY2025, it came in at 26.44%, down 0.40 percentage points from FY2024.
- EBITDA Margin carries a five-year change of +4.33 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 26.83% in FY2024 (+0.47 pp), 26.37% in FY2023 (+2.24 pp), 24.13% in FY2022 (-1.40 pp) and 25.52% in FY2021 (+3.42 pp).
- The Q3 2026 figure represents the lowest quarterly EBITDA Margin since Q4 2022.
- Year-over-year, EBITDA Margin has declined for five consecutive quarters, with an average year-over-year change of -1.24 percentage points over the last eight quarters.
- The fastest year-over-year change in EBITDA Margin over five years came in Q4 2023 (a gain of 5.65 percentage points), and the weakest in Q1 2026 (a drop of 5.53 percentage points).
- Business Quant data shows MRSH's EBITDA Margin at 28.71% (Q2 2026), 26.08% (Q1 2026) and 21.94% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,262.51 Bn | -171.64 Bn | 56.71 Bn | -29.48% |
| 2 | Chubb | 144.77 Bn | 90.41 Bn | 8.67 Bn | - |
| 3 | Progressive | 137.14 Bn | 112.66 Bn | 8.29 Bn | 14.75% |
| 4 | Marsh & Mclennan Companies | 99.23 Bn | 91.39 Bn | - | 21.07% |
| 5 | Travelers Companies | 83.36 Bn | 60.84 Bn | 5.93 Bn | 36.39% |
| 6 | Manulife Financial | 74.78 Bn | -20.73 Bn | - | - |
| 7 | Arthur J. Gallagher | 73.26 Bn | 67.85 Bn | 3.33 Bn | 26.01% |
| 8 | Aon | 72.01 Bn | 51.21 Bn | - | 25.19% |
| 9 | Allstate | 67.32 Bn | 24.39 Bn | -9.85 Bn | 81.25% |
| 10 | Metlife | 64.77 Bn | -43.48 Bn | 9.05 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.07% |
| Jun 30, 2026 | 28.71% |
| Mar 31, 2026 | 26.08% |
| Dec 31, 2025 | 21.94% |
| Sep 30, 2025 | 21.95% |
| Jun 30, 2025 | 29.54% |
| Mar 31, 2025 | 31.61% |
| Dec 31, 2024 | 22.14% |
| Sep 30, 2024 | 22.61% |
| Jun 30, 2024 | 29.22% |
| Mar 31, 2024 | 32.66% |
| Dec 31, 2023 | 23.21% |
| Sep 30, 2023 | 21.85% |
| Jun 30, 2023 | 27.83% |
| Mar 31, 2023 | 31.99% |
| Dec 31, 2022 | 17.56% |
| Sep 30, 2022 | 20.13% |
| Jun 30, 2022 | 28.48% |
| Mar 31, 2022 | 29.28% |
| Dec 31, 2021 | 22.66% |
API Access
Marsh & Mclennan Companies EBITDA Margin 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=ebitda-margin&ticker=MRSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=MRSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();