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
DateValue
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%