Marsh & Mclennan Companies (MRSH) Long-Term Deferred Tax (2009 - 2026)
Marsh & Mclennan Companies (MRSH) recorded Long-Term Deferred Tax of $195 million in Q3 2026, down 21.4% from $248 million a year earlier and down 2.0% from the prior quarter.
Marsh & Mclennan Companies (MRSH) Long-Term Deferred Tax (2009 - 2026) Analysis & Trends
At the end of FY2025, Marsh & Mclennan Companies reported Long-Term Deferred Tax of $212 million, down 10.5% from FY2024.
- Annual Long-Term Deferred Tax has declined for five straight years, with a five-year compound annual growth rate of -21.3% (FY2020 to FY2025).
- Across earlier years, Long-Term Deferred Tax came in at $237 million in FY2024 (-33.6%), $357 million in FY2023 (-0.3%), $358 million in FY2022 (-35.0%) and $551 million in FY2021 (-21.5%).
- Quarterly Long-Term Deferred Tax has ranged from $193 million in Q1 2026 to $551 million in Q4 2021 over the past five years.
- On a year-over-year basis, Long-Term Deferred Tax has declined for four consecutive quarters, with an average decline of 15.7% over the last eight quarters.
- Peak year-over-year performance for Long-Term Deferred Tax in the last five years was growth of 2.5% in Q3 2025, against a decline of 35.0% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $199 million (Q2 2026), $193 million (Q1 2026) and $212 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 142.34 Bn | 87.98 Bn | 8.67 Bn |
| 2 | Progressive | 136.64 Bn | 136.64 Bn | - |
| 3 | Marsh & Mclennan Companies | 98.05 Bn | 90.21 Bn | - |
| 4 | Travelers Companies | 84.07 Bn | 84.07 Bn | - |
| 5 | Manulife Financial | 76.36 Bn | -18.52 Bn | - |
| 6 | Arthur J. Gallagher | 71.85 Bn | 71.85 Bn | - |
| 7 | Aon | 70.83 Bn | 50.04 Bn | - |
| 8 | Allstate | 67.61 Bn | 28.88 Bn | 8.73 Bn |
| 9 | Metlife | 64.94 Bn | -41.84 Bn | 7.82 Bn |
| 10 | Aflac | 62.72 Bn | 37.94 Bn | 2.27 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 195.00 Mn |
| Jun 30, 2026 | 199.00 Mn |
| Mar 31, 2026 | 193.00 Mn |
| Dec 31, 2025 | 212.00 Mn |
| Sep 30, 2025 | 248.00 Mn |
| Jun 30, 2025 | 280.00 Mn |
| Mar 31, 2025 | 250.00 Mn |
| Dec 31, 2024 | 237.00 Mn |
| Sep 30, 2024 | 242.00 Mn |
| Jun 30, 2024 | 285.00 Mn |
| Mar 31, 2024 | 276.00 Mn |
| Dec 31, 2023 | 357.00 Mn |
| Sep 30, 2023 | 348.00 Mn |
| Jun 30, 2023 | 365.00 Mn |
| Mar 31, 2023 | 369.00 Mn |
| Dec 31, 2022 | 358.00 Mn |
| Sep 30, 2022 | 533.00 Mn |
| Jun 30, 2022 | 537.00 Mn |
| Mar 31, 2022 | 530.00 Mn |
| Dec 31, 2021 | 551.00 Mn |
Marsh & Mclennan Companies Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=MRSH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=MRSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();