Marsh & Mclennan Companies MRSH
NYSE MRSH
$177.28 +0.44 (+0.25%)
As of: Sep 10, 2026 · 3:59 PM EDT

Marsh & Mclennan Companies (MRSH) EBITDA Margin (2009 - 2026)

Marsh & Mclennan Companies' (MRSH) quarterly EBITDA Margin came in at 25.65% in Q2 2026, down 58.0% on a YoY basis from 61.07% in Q2 2025, and up 11.09% quarter-over-quarter from 23.09% in Q1 2026.

Analysis

Marsh & Mclennan Companies (MRSH) EBITDA Margin (2009 - 2026) Analysis & Trends

Marsh & Mclennan Companies (MRSH) has reported EBITDA Margin for 18 consecutive years, with 25.65% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBITDA Margin fell 58.0% year-over-year to 25.65%; the trailing twelve-month figure through Jun 2026 stood at 21.62% (down 196.0% YoY), and the FY2025 full-year result was 23.06%, down 72.0% from the prior year.
  • EBITDA Margin climbed to 25.65% in Q2 2026 per MRSH's latest filing, from 23.09% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 29.74% in Q1 2024 and bottomed at 13.54% in Q4 2022.
  • Historically, EBITDA Margin has averaged 22.69% across 5 years, with a median of 23.94% in 2023.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin plunged 565 bps in 2022, then jumped 632 bps in 2023.
  • Over 5 years, EBITDA Margin stood at 13.54% in 2022, then surged by 47 bps to 19.86% in 2023, then fell by 5 bps to 18.82% in 2024, then retreated by 2 bps to 18.48% in 2025, then jumped by 39 bps to 25.65% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 25.65%, 23.09%, and 18.48% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Marsh & Mclennan Companies 85.01 Bn 72.81 Bn 6.04 Bn 25.65%
2 Aon 65.60 Bn 64.34 Bn - 22.70%
3 Arthur J. Gallagher 62.53 Bn 61.14 Bn - 15.96%
4 Willis Towers Watson 29.65 Bn 27.99 Bn 2.09 Bn 14.76%
5 Brown & Brown 22.09 Bn 21.17 Bn 1.41 Bn 7.76%
6 XChange TEC.INC 16.16 Bn 16.16 Bn - -
7 Erie Indemnity 11.12 Bn 10.78 Bn - 18.73%
8 Ryan Specialty Holdings 4.85 Bn 4.71 Bn - 20.12%
9 Neptune Insurance Holdings 4.29 Bn 4.28 Bn - 47.52%
10 Baldwin Insurance 2.73 Bn 2.54 Bn - -1.13%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 25.65%
Mar 31, 2026 23.09%
Dec 31, 2025 18.48%
Sep 30, 2025 18.42%
Jun 30, 2025 26.23%
Mar 31, 2025 28.40%
Dec 31, 2024 18.82%
Sep 30, 2024 19.45%
Jun 30, 2024 26.39%
Mar 31, 2024 29.74%
Dec 31, 2023 19.86%
Sep 30, 2023 18.51%
Jun 30, 2023 24.80%
Mar 31, 2023 29.14%
Dec 31, 2022 13.54%
Sep 30, 2022 16.58%
Jun 30, 2022 25.36%
Mar 31, 2022 26.04%
Dec 31, 2021 19.19%
Sep 30, 2021 16.15%