Marsh & Mclennan Companies MRSH
NYSE MRSH
$176.95 -3.57 (-1.98%)
As of: Sep 9, 2026 · 3:59 PM EDT

Marsh & Mclennan Companies (MRSH) Net Margin (2009 - 2026)

Marsh & Mclennan Companies' (MRSH) quarterly Net Margin came in at 17.44% in Q2 2026, down 21.0% on a YoY basis from 22.07% in Q2 2025, and up 11.69% quarter-over-quarter from 15.61% in Q1 2026.

Analysis

Marsh & Mclennan Companies (MRSH) Net Margin (2009 - 2026) Analysis & Trends

Marsh & Mclennan Companies (MRSH) has reported Net Margin for 18 consecutive years, with 17.44% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Net Margin fell 21.0% year-over-year to 17.44%; the trailing twelve-month figure through Jun 2026 stood at 14.56% (down 171.0% YoY), and the FY2025 full-year result was 15.69%, down 114.0% from the prior year.
  • Net Margin improved to 17.44% in Q2 2026 per MRSH's latest filing, from 15.61% in the prior quarter.
  • Across five years, Net Margin topped out at 22.0% in Q1 2024 and bottomed at 9.38% in Q4 2022.
  • Historically, Net Margin has averaged 15.95% across 5 years, with a median of 16.52% in 2026.
  • The sharpest annual moves came in 2022 and 2023: Net Margin slumped 633 bps in 2022, then surged 440 bps in 2023.
  • Over 5 years, Net Margin stood at 9.38% in 2022, then surged by 47 bps to 13.77% in 2023, then slipped by 4 bps to 13.2% in 2024, then retreated by 4 bps to 12.65% in 2025, then surged by 38 bps to 17.44% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 17.44%, 15.61%, and 12.65% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Marsh & Mclennan Companies 88.77 Bn 76.82 Bn 6.04 Bn 17.44%
2 Aon 68.55 Bn 67.31 Bn - 13.31%
3 Arthur J. Gallagher 67.32 Bn 65.96 Bn - 8.09%
4 Willis Towers Watson 31.09 Bn 29.51 Bn 2.09 Bn 9.53%
5 Brown & Brown 23.57 Bn 22.68 Bn 1.41 Bn 17.24%
6 XChange TEC.INC 16.98 Bn 16.98 Bn - -
7 Erie Indemnity 11.68 Bn 11.33 Bn - 16.54%
8 Ryan Specialty Holdings 10.71 Bn 11.08 Bn - 11.82%
9 Hagerty 4.65 Bn 4.78 Bn 244.11 Mn 1.72%
10 Neptune Insurance Holdings 4.58 Bn 4.56 Bn - 28.27%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 17.44%
Mar 31, 2026 15.61%
Dec 31, 2025 12.65%
Sep 30, 2025 11.92%
Jun 30, 2025 17.65%
Mar 31, 2025 20.00%
Dec 31, 2024 13.20%
Sep 30, 2024 13.20%
Jun 30, 2024 18.33%
Mar 31, 2024 22.00%
Dec 31, 2023 13.77%
Sep 30, 2023 13.71%
Jun 30, 2023 17.82%
Mar 31, 2023 21.13%
Dec 31, 2022 9.38%
Sep 30, 2022 11.57%
Jun 30, 2022 18.18%
Mar 31, 2022 19.57%
Dec 31, 2021 15.71%
Sep 30, 2021 11.83%