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

Marsh & Mclennan Companies (MRSH) posted Net Margin of 17.44% for Q2 2026, up 11.69% on a QoQ basis from 15.61% in Q1 2026, and down 21.0% year-over-year from 22.07% in Q2 2025.

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

Marsh & Mclennan Companies' Net Margin history runs 17 years deep, the most recent figure standing at 17.44% for Q2 2026.

  • Quarterly Net Margin fell 21.0% year-over-year to 17.44% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 14.56% (down 171.0% YoY) and the FY2025 annual result came in at 15.69%, down 114.0% from the prior year.
  • Net Margin was 17.44% for Q2 2026 at Marsh & Mclennan Companies, up 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.
  • A 5-year average of 15.95% and a median of 16.52% in 2026 frame the typical range for Net Margin.
  • Annual changes were most pronounced in 2022 — Net Margin plunged 633 bps — and 2023, when it jumped 440 bps.
  • Marsh & Mclennan Companies' 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.
  • Business Quant data shows MRSH's Net Margin at 17.44% in Q2 2026, 15.61% in Q1 2026, and 12.65% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 XChange TEC.INC 120,003.58 Bn 120,003.57 Bn - -
2 Marsh & Mclennan Companies 88.46 Bn 76.26 Bn 6.04 Bn 17.44%
3 Aon 79.05 Bn 77.63 Bn - 24.61%
4 Arthur J. Gallagher 65.47 Bn 64.06 Bn - 17.30%
5 Willis Towers Watson 28.80 Bn 26.95 Bn 1.98 Bn 12.95%
6 Brown & Brown 23.45 Bn 22.45 Bn 1.61 Bn 22.46%
7 Neptune Insurance Holdings 4.20 Bn 4.19 Bn 26.44 Mn 19.44%
8 Accelerant Holdings 3.28 Bn 1.74 Bn 48.00 Mn -4.01%
9 Corvel 3.13 Bn 2.79 Bn 54.92 Mn 10.26%
10 Baldwin Insurance 2.52 Bn 2.38 Bn - -56.82%

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%