Marsh & Mclennan Companies (MRSH) Free Cash Flow (2009 - 2026)
Marsh & Mclennan Companies' (MRSH) quarterly Free Cash Flow came in at $1.5 billion in Q2 2026, down 7.51% YoY from $1.6 billion in Q2 2025, and up 284.07% on a QoQ basis from -$810.0 million in Q1 2026.
Marsh & Mclennan Companies (MRSH) Free Cash Flow (2009 - 2026) Analysis & Trends
Marsh & Mclennan Companies (MRSH) has 18 years of Free Cash Flow data on file, last reported at $1.5 billion in Q2 2026.
- Quarterly Free Cash Flow fell 7.51% year-over-year to $1.5 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $4.7 billion (up 4.35% YoY) and the FY2025 annual result came in at $5.0 billion, up 25.46% from the prior year.
- Free Cash Flow grew to $1.5 billion in Q2 2026, from -$810.0 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $2.2 billion in Q3 2025 to a low of -$903.0 million in Q1 2023.
- A 5-year average of $936.3 million and a median of $1.4 billion in 2022 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2022 — Free Cash Flow sank 72.75% — and 2023, when it soared 32.29%.
- Tracing MRSH's Free Cash Flow over 5 years: stood at $1.4 billion in 2022, then rose by 5.09% to $1.5 billion in 2023, then gained by 15.02% to $1.7 billion in 2024, then rose by 13.29% to $1.9 billion in 2025, then retreated by 21.9% to $1.5 billion in 2026.
- The last three Free Cash Flow figures came in at $1.5 billion (Q2 2026), -$810.0 million (Q1 2026), and $1.9 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 265.99 Bn | 265.99 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 92.14 Bn | 79.94 Bn | 6.04 Bn | 1.49 Bn |
| 3 | Aon | 75.64 Bn | 74.37 Bn | - | 483.00 Mn |
| 4 | Arthur J. Gallagher | 67.55 Bn | 66.16 Bn | - | -41.00 Mn |
| 5 | Willis Towers Watson | 32.13 Bn | 30.47 Bn | 2.09 Bn | 425.00 Mn |
| 6 | Brown & Brown | 23.98 Bn | 23.06 Bn | 1.41 Bn | 329.00 Mn |
| 7 | Erie Indemnity | 12.29 Bn | 11.94 Bn | - | 173.40 Mn |
| 8 | Neptune Insurance Holdings | 4.61 Bn | 4.59 Bn | - | 25.64 Mn |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | -81.80 Mn |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.49 Bn |
| Jun 30, 2026 | 1.49 Bn |
| Mar 31, 2026 | -810.00 Mn |
| Mar 31, 2026 | -810.00 Mn |
| Dec 31, 2025 | 1.91 Bn |
| Dec 31, 2025 | 1.91 Bn |
| Sep 30, 2025 | 2.16 Bn |
| Sep 30, 2025 | 2.16 Bn |
| Jun 30, 2025 | 1.61 Bn |
| Jun 30, 2025 | 1.61 Bn |
| Mar 31, 2025 | -677.00 Mn |
| Mar 31, 2025 | -677.00 Mn |
| Dec 31, 2024 | 1.69 Bn |
| Dec 31, 2024 | 1.69 Bn |
| Sep 30, 2024 | 1.93 Bn |
| Sep 30, 2024 | 1.93 Bn |
| Jun 30, 2024 | 1.24 Bn |
| Jun 30, 2024 | 1.24 Bn |
| Mar 31, 2024 | -868.00 Mn |
| Mar 31, 2024 | -868.00 Mn |