Marsh & Mclennan Companies (MRSH) Free Cash Flow (2009 - 2026)
Marsh & Mclennan Companies (MRSH) reported Free Cash Flow of $1.45 billion for Q2 2026, down 10.0% from $1.61 billion a year earlier.
Marsh & Mclennan Companies (MRSH) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Marsh & Mclennan Companies' Free Cash Flow came in at $4.77 billion, up 2.4% year-over-year; for FY2025, it came in at $5 billion, up 25.5% from FY2024.
- Free Cash Flow has increased for three consecutive years, with a five-year compound annual growth rate of 10.5% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $3.99 billion in FY2024 (+3.7%), $3.84 billion in FY2023 (+28.3%), $3 billion in FY2022 (-3.7%) and $3.11 billion in FY2021 (+2.5%).
- Five-year quarterly Free Cash Flow spans a low of -$903 million in Q1 2023 and a high of $2.06 billion in Q4 2025.
- Year over year, Free Cash Flow gained in five of the last six quarters, with growth averaging 12.0%.
- The high point for year-over-year Free Cash Flow in five years was Q2 2025 (growth of 42.0%); the low point was Q2 2024 (a decline of 17.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at -$750 million (Q1 2026), $2.06 billion (Q4 2025) and $2.01 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.23 Bn | 80.81 Bn | 9.13 Bn | 3.73 Bn |
| 2 | Progressive | 129.78 Bn | 105.62 Bn | 9.04 Bn | 3.47 Bn |
| 3 | Marsh & Mclennan Companies | 85.33 Bn | 76.83 Bn | - | 1.45 Bn |
| 4 | Travelers Companies | 78.56 Bn | 54.81 Bn | 6.23 Bn | 1.91 Bn |
| 5 | Manulife Financial | 73.83 Bn | -21.05 Bn | - | 3.00 Bn |
| 6 | Metlife | 64.38 Bn | -42.40 Bn | 7.82 Bn | 1.94 Bn |
| 7 | Allstate | 60.57 Bn | 21.84 Bn | 8.73 Bn | 2.59 Bn |
| 8 | Arthur J. Gallagher | 60.14 Bn | 54.55 Bn | - | -41.00 Mn |
| 9 | Aflac | 58.65 Bn | 33.87 Bn | 2.27 Bn | 112.00 Mn |
| 10 | Aon | 58.65 Bn | 51.87 Bn | - | 483.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.45 Bn |
| Mar 31, 2026 | -750.00 Mn |
| Dec 31, 2025 | 2.06 Bn |
| Sep 30, 2025 | 2.01 Bn |
| Jun 30, 2025 | 1.61 Bn |
| Mar 31, 2025 | -677.00 Mn |
| Dec 31, 2024 | 1.88 Bn |
| Sep 30, 2024 | 1.84 Bn |
| Jun 30, 2024 | 1.14 Bn |
| Mar 31, 2024 | -868.00 Mn |
| Dec 31, 2023 | 1.66 Bn |
| Sep 30, 2023 | 1.70 Bn |
| Jun 30, 2023 | 1.38 Bn |
| Mar 31, 2023 | -903.00 Mn |
| Dec 31, 2022 | 1.40 Bn |
| Sep 30, 2022 | 1.26 Bn |
| Jun 30, 2022 | 1.17 Bn |
| Mar 31, 2022 | -824.00 Mn |
| Dec 31, 2021 | 1.30 Bn |
| Sep 30, 2021 | 1.21 Bn |
Marsh & Mclennan Companies Free Cash Flow 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=free-cash-flow&ticker=MRSH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=MRSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();