Marsh & Mclennan Companies (MRSH) Invested Capital (2009 - 2026)
Marsh & Mclennan Companies (MRSH) recorded Invested Capital of $35.44 billion in Q3 2026, up 1.4% from $34.94 billion a year earlier but down 1.5% from the prior quarter.
Marsh & Mclennan Companies (MRSH) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Marsh & Mclennan Companies reported Invested Capital of $34.9 billion, up 4.2% from FY2024.
- Annual Invested Capital has increased for 11 straight years, with a five-year compound annual growth rate of 11.2% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $33.48 billion in FY2024 (+29.6%), $25.83 billion in FY2023 (+16.1%), $22.24 billion in FY2022 (+0.3%) and $22.17 billion in FY2021 (+7.8%).
- Quarterly Invested Capital has ranged from $21.16 billion in Q3 2022 to $35.99 billion in Q2 2026 over the past five years.
- On a year-over-year basis, Invested Capital has increased for 20 consecutive quarters, with growth averaging 16.7% over the last eight quarters.
- The year-over-year growth in Invested Capital has ranged between 0.3% (Q4 2022) and 33.4% (Q1 2025) over the last five years.
- Per Business Quant, the preceding three quarters came in at $35.99 billion (Q2 2026), $35.41 billion (Q1 2026) and $34.9 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.76 Bn | 86.40 Bn | 8.67 Bn | 97.60 Bn |
| 2 | Progressive | 132.42 Bn | 107.94 Bn | 8.29 Bn | 42.87 Bn |
| 3 | Marsh & Mclennan Companies | 97.25 Bn | 89.41 Bn | - | 35.44 Bn |
| 4 | Travelers Companies | 81.75 Bn | 59.24 Bn | 5.93 Bn | 38.81 Bn |
| 5 | Manulife Financial | 73.54 Bn | -21.96 Bn | - | 85.29 Bn |
| 6 | Arthur J. Gallagher | 72.19 Bn | 66.78 Bn | - | 36.81 Bn |
| 7 | Aon | 71.05 Bn | 50.25 Bn | - | 38.24 Bn |
| 8 | Allstate | 64.22 Bn | 24.06 Bn | 7.41 Bn | 39.81 Bn |
| 9 | Metlife | 63.14 Bn | -43.64 Bn | 7.82 Bn | 33.63 Bn |
| 10 | Aflac | 61.62 Bn | 37.98 Bn | 1.87 Bn | 38.18 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 35.44 Bn |
| Jun 30, 2026 | 35.99 Bn |
| Mar 31, 2026 | 35.41 Bn |
| Dec 31, 2025 | 34.90 Bn |
| Sep 30, 2025 | 34.94 Bn |
| Jun 30, 2025 | 35.71 Bn |
| Mar 31, 2025 | 34.80 Bn |
| Dec 31, 2024 | 33.48 Bn |
| Sep 30, 2024 | 26.73 Bn |
| Jun 30, 2024 | 27.11 Bn |
| Mar 31, 2024 | 26.09 Bn |
| Dec 31, 2023 | 25.83 Bn |
| Sep 30, 2023 | 25.24 Bn |
| Jun 30, 2023 | 24.76 Bn |
| Mar 31, 2023 | 24.15 Bn |
| Dec 31, 2022 | 22.24 Bn |
| Sep 30, 2022 | 21.16 Bn |
| Jun 30, 2022 | 22.72 Bn |
| Mar 31, 2022 | 22.90 Bn |
| Dec 31, 2021 | 22.17 Bn |
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_KEY
import 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();