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| Date | Value |
|---|---|
| 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% |