Marsh & Mclennan Companies (MRSH) Invested Capital (2009 - 2026)
Marsh & Mclennan Companies' (MRSH) quarterly Invested Capital came in at $36.6 billion in Q2 2026, up 0.87% on a YoY basis from $36.3 billion in Q2 2025, and up 1.61% quarter-over-quarter from $36.1 billion in Q1 2026.
Powered by 
Analysis
Marsh & Mclennan Companies (MRSH) Invested Capital (2009 - 2026) Analysis & Trends
Marsh & Mclennan Companies (MRSH) has reported Invested Capital for 18 consecutive years, with $36.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital rose 0.87% year-over-year to $36.6 billion; the trailing twelve-month figure through Jun 2026 stood at $36.6 billion (up 0.87% YoY), and the FY2025 full-year result was $36.2 billion, up 6.38% from the prior year.
- Invested Capital improved to $36.6 billion in Q2 2026 per MRSH's latest filing, from $36.1 billion in the prior quarter.
- Across five years, Invested Capital topped out at $36.6 billion in Q2 2026 and bottomed at $21.5 billion in Q3 2022.
- Historically, Invested Capital has averaged $29.5 billion across 5 years, with a median of $27.4 billion in 2023.
- The sharpest annual moves came in 2024 and 2025: Invested Capital increased 0.53% in 2024, then soared 32.86% in 2025.
- Over 5 years, Invested Capital stood at $22.8 billion in 2022, then increased by 20.51% to $27.5 billion in 2023, then rose by 23.86% to $34.0 billion in 2024, then grew by 6.38% to $36.2 billion in 2025, then rose by 1.3% to $36.6 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $36.6 billion, $36.1 billion, and $36.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 81.24 Bn | 69.29 Bn | 6.04 Bn | 36.64 Bn |
| 2 | Aon | 60.67 Bn | 59.43 Bn | - | 24.65 Bn |
| 3 | Arthur J. Gallagher | 59.09 Bn | 57.73 Bn | - | 38.74 Bn |
| 4 | Willis Towers Watson | 28.02 Bn | 26.44 Bn | 2.09 Bn | 14.30 Bn |
| 5 | Brown & Brown | 20.61 Bn | 19.72 Bn | 1.41 Bn | 20.37 Bn |
| 6 | XChange TEC.INC | 11.95 Bn | 11.95 Bn | - | -27.41 Mn |
| 7 | Erie Indemnity | 10.83 Bn | 10.48 Bn | - | - |
| 8 | Ryan Specialty Holdings | 9.82 Bn | 10.19 Bn | - | 4.65 Bn |
| 9 | Hagerty | 4.67 Bn | 4.81 Bn | 244.11 Mn | 865.76 Mn |
| 10 | Baldwin Insurance | 4.45 Bn | 4.81 Bn | - | 3.69 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.64 Bn |
| Mar 31, 2026 | 36.06 Bn |
| Dec 31, 2025 | 36.17 Bn |
| Sep 30, 2025 | 36.20 Bn |
| Jun 30, 2025 | 36.32 Bn |
| Mar 31, 2025 | 35.42 Bn |
| Dec 31, 2024 | 34.00 Bn |
| Sep 30, 2024 | 27.25 Bn |
| Jun 30, 2024 | 27.63 Bn |
| Mar 31, 2024 | 27.21 Bn |
| Dec 31, 2023 | 27.45 Bn |
| Sep 30, 2023 | 27.10 Bn |
| Jun 30, 2023 | 26.63 Bn |
| Mar 31, 2023 | 25.42 Bn |
| Dec 31, 2022 | 22.78 Bn |
| Sep 30, 2022 | 21.52 Bn |
| Jun 30, 2022 | 23.08 Bn |
| Mar 31, 2022 | 23.27 Bn |
| Dec 31, 2021 | 22.21 Bn |
| Sep 30, 2021 | 21.15 Bn |
API Access
Marsh & Mclennan Companies Invested Capital 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=invested-capital&ticker=MRSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=MRSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();