Marsh & Mclennan Companies (MRSH) FCF Margin (2009 - 2026)
Marsh & Mclennan Companies' FCF Margin came in at 19.60% for Q2 2026, down 3.52 percentage points from 23.11% a year earlier but up 29.47 percentage points from the prior quarter.
Marsh & Mclennan Companies (MRSH) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Marsh & Mclennan Companies reported FCF Margin of 17.06%, down 0.98 percentage points year-over-year; for FY2025, it was 18.54%, up 2.24 percentage points from FY2024.
- FCF Margin carries a five-year change of +0.92 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 16.30% in FY2024 (-0.60 pp), 16.90% in FY2023 (+2.44 pp), 14.45% in FY2022 (-1.24 pp) and 15.69% in FY2021 (-1.92 pp).
- The five-year range for quarterly FCF Margin is -15.24% (Q1 2023) to 32.28% (Q3 2024).
- Year-over-year, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +0.78 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q3 2023 (a gain of 5.26 percentage points), and the weakest in Q3 2021 (a drop of 7.51 percentage points).
- Business Quant data shows MRSH's FCF Margin at -9.87% (Q1 2026), 31.18% (Q4 2025) and 31.65% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 138.35 Bn | 84.93 Bn | 9.13 Bn | 23.58% |
| 2 | Progressive | 129.14 Bn | 104.97 Bn | 9.04 Bn | 14.69% |
| 3 | Marsh & Mclennan Companies | 91.11 Bn | 83.27 Bn | - | 20.36% |
| 4 | Travelers Companies | 83.32 Bn | 59.56 Bn | 6.23 Bn | 15.68% |
| 5 | Manulife Financial | 75.74 Bn | -19.14 Bn | - | 20.72% |
| 6 | Arthur J. Gallagher | 66.49 Bn | 60.90 Bn | - | -1.02% |
| 7 | Metlife | 64.97 Bn | -41.81 Bn | 7.82 Bn | 10.15% |
| 8 | Allstate | 63.98 Bn | 25.25 Bn | 8.73 Bn | 13.93% |
| 9 | Aon | 63.25 Bn | 56.46 Bn | - | 11.38% |
| 10 | Aflac | 60.55 Bn | 35.76 Bn | 2.27 Bn | 2.72% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.36% |
| Jun 30, 2026 | 19.60% |
| Mar 31, 2026 | -9.87% |
| Dec 31, 2025 | 31.18% |
| Sep 30, 2025 | 31.65% |
| Jun 30, 2025 | 23.11% |
| Mar 31, 2025 | -9.59% |
| Dec 31, 2024 | 30.99% |
| Sep 30, 2024 | 32.28% |
| Jun 30, 2024 | 18.24% |
| Mar 31, 2024 | -13.41% |
| Dec 31, 2023 | 29.94% |
| Sep 30, 2023 | 31.57% |
| Jun 30, 2023 | 23.54% |
| Mar 31, 2023 | -15.24% |
| Dec 31, 2022 | 27.86% |
| Sep 30, 2022 | 26.31% |
| Jun 30, 2022 | 21.66% |
| Mar 31, 2022 | -14.85% |
| Dec 31, 2021 | 25.38% |
Marsh & Mclennan Companies FCF 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=fcf-margin&ticker=MRSH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=MRSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();