Marsh & Mclennan Companies (MRSH) Non-Current Debt (2009 - 2026)
Marsh & Mclennan Companies' (MRSH) quarterly Non-Current Debt came in at $19.5 billion in Q2 2026, little changed on a YoY basis from $19.6 billion in Q2 2025, and little changed quarter-over-quarter from $19.6 billion in Q1 2026.
Analysis
Marsh & Mclennan Companies (MRSH) Non-Current Debt (2009 - 2026) Analysis & Trends
Marsh & Mclennan Companies (MRSH) has reported Non-Current Debt for 18 consecutive years, with $19.5 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non-Current Debt changed 0.21% year-over-year to $19.5 billion; the trailing twelve-month figure through Jun 2026 stood at $19.5 billion (changed 0.21% YoY), and the FY2025 full-year result was $19.6 billion, down 1.8% from the prior year.
- Non-Current Debt steadied at $19.5 billion in Q2 2026 per MRSH's latest filing, from $19.6 billion in the prior quarter.
- Across five years, Non-Current Debt topped out at $19.9 billion in Q4 2024 and bottomed at $10.8 billion in Q3 2022.
- Historically, Non-Current Debt has averaged $15.1 billion across 5 years, with a median of $13.4 billion in 2023.
- The sharpest annual moves came in 2024 and 2025: Non-Current Debt dropped 5.87% in 2024, then soared 53.01% in 2025.
- Over 5 years, Non-Current Debt stood at $11.5 billion in 2022, then gained by 17.12% to $13.5 billion in 2023, then surged by 48.16% to $19.9 billion in 2024, then slipped by 1.8% to $19.6 billion in 2025, then fell by 0.26% to $19.5 billion in 2026.
- According to Business Quant data, Non-Current Debt over the past three periods registered $19.5 billion, $19.6 billion, and $19.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 85.11 Bn | 72.91 Bn | 6.04 Bn | 19.54 Bn |
| 2 | Aon | 64.77 Bn | 63.50 Bn | - | 12.95 Bn |
| 3 | Arthur J. Gallagher | 61.87 Bn | 60.48 Bn | - | 11.96 Bn |
| 4 | Willis Towers Watson | 29.66 Bn | 28.00 Bn | 2.09 Bn | 5.78 Bn |
| 5 | Brown & Brown | 22.09 Bn | 21.17 Bn | 1.41 Bn | 7.35 Bn |
| 6 | XChange TEC.INC | 15.59 Bn | 15.59 Bn | - | - |
| 7 | Erie Indemnity | 11.31 Bn | 10.96 Bn | - | - |
| 8 | Ryan Specialty Holdings | 4.78 Bn | 4.64 Bn | - | 3.57 Bn |
| 9 | Neptune Insurance Holdings | 4.32 Bn | 4.31 Bn | - | 240.00 Mn |
| 10 | Baldwin Insurance | 2.75 Bn | 2.56 Bn | - | 2.15 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.54 Bn |
| Mar 31, 2026 | 19.55 Bn |
| Dec 31, 2025 | 19.59 Bn |
| Sep 30, 2025 | 19.58 Bn |
| Jun 30, 2025 | 19.58 Bn |
| Mar 31, 2025 | 19.48 Bn |
| Dec 31, 2024 | 19.95 Bn |
| Sep 30, 2024 | 12.85 Bn |
| Jun 30, 2024 | 12.80 Bn |
| Mar 31, 2024 | 13.42 Bn |
| Dec 31, 2023 | 13.46 Bn |
| Sep 30, 2023 | 13.65 Bn |
| Jun 30, 2023 | 12.11 Bn |
| Mar 31, 2023 | 12.11 Bn |
| Dec 31, 2022 | 11.50 Bn |
| Sep 30, 2022 | 10.77 Bn |
| Jun 30, 2022 | 10.85 Bn |
| Mar 31, 2022 | 10.92 Bn |
| Dec 31, 2021 | 10.95 Bn |
| Sep 30, 2021 | 10.74 Bn |