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

Marsh & Mclennan Companies (MRSH) reported Net Margin of 15.61% for Q1 2026, down 439.0% on a YoY basis from 4.61% in Q1 2025, and up 23.45% quarter-over-quarter from 12.65% in Q4 2025.

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

Marsh & Mclennan Companies has reported Net Margin for 17 years, with the latest figure at 15.61% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 439.0% year-over-year to 15.61%; the trailing twelve-month figure through Mar 2026 stood at 14.57% (down 182.0% YoY), and the FY2025 full-year result was 15.69%, down 114.0% from the prior year.
  • Net Margin for Q1 2026 stood at 15.61%, up from 12.65% in the prior quarter.
  • The five-year high for Net Margin was 22.0% in Q1 2024, with the low at 9.38% in Q4 2022.
  • Historically, Net Margin has averaged 15.86% across 5 years, with a median of 15.61% in 2026.
  • Annual changes were most pronounced in 2022 — Net Margin sank 633 bps — and 2023, when it jumped 440 bps.
  • Marsh & Mclennan Companies' Net Margin stood at 9.38% in 2022, then soared by 47 bps to 13.77% in 2023, then retreated by 4 bps to 13.2% in 2024, then declined by 4 bps to 12.65% in 2025, then increased by 23 bps to 15.61% in 2026.
  • The last three Net Margin figures came in at 15.61% (Q1 2026), 12.65% (Q4 2025), and 11.92% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 15.61%
2 Aon 69.98 Bn 68.59 Bn - 24.61%
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 17.45%
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 12.95%
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 22.46%
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 19.44%
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 10.26%
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn -4.01%
10 Baldwin Insurance 1.62 Bn 2.07 Bn - -111.39%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 16.48%