Marsh & Mclennan Companies (MRSH) Net Margin (2009 - 2026)
Marsh & Mclennan Companies (MRSH) posted Net Margin of 11.77% for Q3 2026, up 0.01 percentage points from 11.76% a year earlier but down 5.33 percentage points from the prior quarter.
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Analysis
Marsh & Mclennan Companies (MRSH) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Margin at Marsh & Mclennan Companies was 14.20%, down 1.40 percentage points year-over-year; for FY2025, it was 15.42%, down 1.18 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +3.71 percentage points (FY2020 to FY2025).
- In prior years, Marsh & Mclennan Companies' Net Margin was 16.60% in FY2024 (+0.08 pp), 16.52% in FY2023 (+1.80 pp), 14.72% in FY2022 (-1.14 pp) and 15.86% in FY2021 (+4.15 pp).
- Quarterly Net Margin has run from a low of 9.28% in Q4 2022 to a high of 21.63% in Q1 2024 over five years.
- On a year-over-year basis, Net Margin increased in 1 of the last eight quarters, with an average year-over-year change of -1.25 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2021, with a gain of 7.16 percentage points; the weakest was Q4 2022, with a drop of 6.35 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 17.10% (Q2 2026), 15.08% (Q1 2026) and 12.45% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.29 Bn | 85.93 Bn | 8.67 Bn | 17.56% |
| 2 | Progressive | 132.20 Bn | 107.72 Bn | 8.29 Bn | 10.96% |
| 3 | Marsh & Mclennan Companies | 96.60 Bn | 88.76 Bn | - | 11.77% |
| 4 | Travelers Companies | 82.11 Bn | 59.60 Bn | 5.93 Bn | 15.44% |
| 5 | Manulife Financial | 75.43 Bn | 8.45 Bn | - | - |
| 6 | Arthur J. Gallagher | 71.09 Bn | 65.68 Bn | - | 10.14% |
| 7 | Aon | 70.49 Bn | 49.69 Bn | - | 11.61% |
| 8 | Metlife | 65.52 Bn | -41.26 Bn | 7.82 Bn | 3.68% |
| 9 | Allstate | 64.49 Bn | 24.33 Bn | 7.41 Bn | 11.82% |
| 10 | Aflac | 62.39 Bn | 38.74 Bn | 1.87 Bn | 9.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.77% |
| Jun 30, 2026 | 17.10% |
| Mar 31, 2026 | 15.08% |
| Dec 31, 2025 | 12.45% |
| Sep 30, 2025 | 11.76% |
| Jun 30, 2025 | 17.36% |
| Mar 31, 2025 | 19.56% |
| Dec 31, 2024 | 12.99% |
| Sep 30, 2024 | 13.11% |
| Jun 30, 2024 | 18.08% |
| Mar 31, 2024 | 21.63% |
| Dec 31, 2023 | 13.61% |
| Sep 30, 2023 | 13.56% |
| Jun 30, 2023 | 17.61% |
| Mar 31, 2023 | 20.85% |
| Dec 31, 2022 | 9.28% |
| Sep 30, 2022 | 11.45% |
| Jun 30, 2022 | 17.98% |
| Mar 31, 2022 | 19.30% |
| Dec 31, 2021 | 15.63% |
API Access
Marsh & Mclennan Companies Net Margin 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=net-margin&ticker=MRSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=MRSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();