Marsh & Mclennan Companies (MRSH) Gross Margin (2009 - 2026)
Marsh & Mclennan Companies (MRSH) posted Gross Margin of 81.58% for Q2 2026, up 5.33% on a QoQ basis from 77.45% in Q1 2026, and down 50.0% year-over-year from 163.16% in Q2 2025.
Marsh & Mclennan Companies (MRSH) Gross Margin (2009 - 2026) Analysis & Trends
Marsh & Mclennan Companies' Gross Margin history runs 18 years deep, the most recent figure standing at 81.58% for Q2 2026.
- Quarterly Gross Margin fell 50.0% year-over-year to 81.58% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 79.24% (down 178.0% YoY) and the FY2025 annual result came in at 80.8%, down 21.0% from the prior year.
- Gross Margin was 81.58% for Q2 2026 at Marsh & Mclennan Companies, up from 77.45% in the prior quarter.
- Across five years, Gross Margin topped out at 83.35% in Q1 2024 and bottomed at 74.03% in Q4 2022.
- A 5-year average of 80.22% and a median of 80.59% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin surged 467 bps — and 2026, when it slumped 547 bps.
- Marsh & Mclennan Companies' Gross Margin stood at 74.03% in 2022, then increased by 6 bps to 78.7% in 2023, then fell by 0 bps to 78.66% in 2024, then retreated by 1 bps to 78.2% in 2025, then increased by 4 bps to 81.58% in 2026.
- Business Quant data shows MRSH's Gross Margin at 81.58% in Q2 2026, 77.45% in Q1 2026, and 78.2% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 84.27 Bn | 72.32 Bn | 6.04 Bn | 81.58% |
| 2 | Aon | 75.99 Bn | 74.60 Bn | - | - |
| 3 | Arthur J. Gallagher | 62.23 Bn | 60.85 Bn | - | - |
| 4 | Willis Towers Watson | 27.24 Bn | 25.46 Bn | 1.98 Bn | 83.71% |
| 5 | Brown & Brown | 23.60 Bn | 22.62 Bn | 1.61 Bn | 84.80% |
| 6 | Neptune Insurance Holdings | 4.12 Bn | 4.11 Bn | 26.44 Mn | 69.96% |
| 7 | Accelerant Holdings | 3.06 Bn | 1.55 Bn | 48.00 Mn | 36.98% |
| 8 | Corvel | 3.03 Bn | 2.68 Bn | 54.92 Mn | 23.31% |
| 9 | Baldwin Insurance | 2.43 Bn | 2.87 Bn | - | - |
| 10 | Goosehead Insurance | 1.31 Bn | 1.20 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 81.58% |
| Mar 31, 2026 | 77.45% |
| Dec 31, 2025 | 78.20% |
| Sep 30, 2025 | 79.74% |
| Jun 30, 2025 | 82.08% |
| Mar 31, 2025 | 82.92% |
| Dec 31, 2024 | 78.66% |
| Sep 30, 2024 | 79.87% |
| Jun 30, 2024 | 81.92% |
| Mar 31, 2024 | 83.35% |
| Dec 31, 2023 | 78.70% |
| Sep 30, 2023 | 79.58% |
| Jun 30, 2023 | 81.59% |
| Mar 31, 2023 | 83.27% |
| Dec 31, 2022 | 74.03% |
| Sep 30, 2022 | 77.86% |
| Jun 30, 2022 | 81.32% |
| Mar 31, 2022 | 81.91% |
| Dec 31, 2021 | 75.74% |
| Sep 30, 2021 | 78.40% |