Marsh & Mclennan Companies (MRSH) EBT Margin (2009 - 2026)
Marsh & Mclennan Companies' (MRSH) quarterly EBT Margin came in at 22.99% in Q2 2026, down 61.0% on a YoY basis from 58.94% in Q2 2025, and up 10.46% quarter-over-quarter from 20.81% in Q1 2026.
Analysis
Marsh & Mclennan Companies (MRSH) EBT Margin (2009 - 2026) Analysis & Trends
Marsh & Mclennan Companies (MRSH) has reported EBT Margin for 18 consecutive years, with 22.99% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin fell 61.0% year-over-year to 22.99%; the trailing twelve-month figure through Jun 2026 stood at 19.14% (down 224.0% YoY), and the FY2025 full-year result was 20.53%, down 188.0% from the prior year.
- EBT Margin rose to 22.99% in Q2 2026 per MRSH's latest filing, from 20.81% in the prior quarter.
- Across five years, EBT Margin topped out at 28.9% in Q1 2024 and bottomed at 12.21% in Q4 2022.
- Historically, EBT Margin has averaged 21.08% across 5 years, with a median of 21.9% in 2026.
- The sharpest annual moves came in 2022 and 2023: EBT Margin slumped 650 bps in 2022, then jumped 666 bps in 2023.
- Over 5 years, EBT Margin stood at 12.21% in 2022, then jumped by 55 bps to 18.87% in 2023, then declined by 12 bps to 16.63% in 2024, then dropped by 4 bps to 16.01% in 2025, then soared by 44 bps to 22.99% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 22.99%, 20.81%, and 16.01% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 84.83 Bn | 72.63 Bn | 6.04 Bn | 22.99% |
| 2 | Aon | 65.36 Bn | 64.10 Bn | - | 17.05% |
| 3 | Arthur J. Gallagher | 62.70 Bn | 61.32 Bn | - | 10.34% |
| 4 | Willis Towers Watson | 29.61 Bn | 27.95 Bn | 2.09 Bn | 11.84% |
| 5 | Brown & Brown | 22.04 Bn | 21.13 Bn | 1.41 Bn | 22.85% |
| 6 | XChange TEC.INC | 16.16 Bn | 16.16 Bn | - | - |
| 7 | Erie Indemnity | 11.18 Bn | 10.83 Bn | - | 20.93% |
| 8 | Ryan Specialty Holdings | 4.88 Bn | 4.74 Bn | - | 14.26% |
| 9 | Neptune Insurance Holdings | 4.32 Bn | 4.30 Bn | - | 41.50% |
| 10 | Baldwin Insurance | 2.69 Bn | 2.51 Bn | - | -11.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.99% |
| Mar 31, 2026 | 20.81% |
| Dec 31, 2025 | 16.01% |
| Sep 30, 2025 | 15.90% |
| Jun 30, 2025 | 23.60% |
| Mar 31, 2025 | 25.87% |
| Dec 31, 2024 | 16.63% |
| Sep 30, 2024 | 18.17% |
| Jun 30, 2024 | 25.16% |
| Mar 31, 2024 | 28.90% |
| Dec 31, 2023 | 18.87% |
| Sep 30, 2023 | 17.28% |
| Jun 30, 2023 | 23.55% |
| Mar 31, 2023 | 28.09% |
| Dec 31, 2022 | 12.21% |
| Sep 30, 2022 | 15.37% |
| Jun 30, 2022 | 24.39% |
| Mar 31, 2022 | 25.66% |
| Dec 31, 2021 | 18.71% |
| Sep 30, 2021 | 15.62% |