Marsh & Mclennan Companies (MRSH) Operating Income (2009 - 2026)
Marsh & Mclennan Companies' (MRSH) quarterly Operating Income came in at $1.9 billion in Q2 2026, up 3.83% on a YoY basis from $1.8 billion in Q2 2025, and up 8.27% quarter-over-quarter from $1.8 billion in Q1 2026.
Analysis
Marsh & Mclennan Companies (MRSH) Operating Income (2009 - 2026) Analysis & Trends
Marsh & Mclennan Companies (MRSH) has reported Operating Income for 18 consecutive years, with $1.9 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Income rose 3.83% year-over-year to $1.9 billion; the trailing twelve-month figure through Jun 2026 stood at $6.0 billion (down 0.69% YoY), and the FY2025 full-year result was $6.2 billion, up 6.98% from the prior year.
- Operating Income rose to $1.9 billion in Q2 2026 per MRSH's latest filing, from $1.8 billion in the prior quarter.
- Across five years, Operating Income topped out at $2.0 billion in Q1 2025 and bottomed at $680.0 million in Q4 2022.
- Historically, Operating Income has averaged $1.4 billion across 5 years, with a median of $1.4 billion in 2022.
- The sharpest annual moves came in 2022 and 2023: Operating Income plunged 31.03% in 2022, then soared 62.21% in 2023.
- Over 5 years, Operating Income stood at $680.0 million in 2022, then jumped by 62.21% to $1.1 billion in 2023, then advanced by 3.54% to $1.1 billion in 2024, then climbed by 6.74% to $1.2 billion in 2025, then surged by 55.78% to $1.9 billion in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $1.9 billion, $1.8 billion, and $1.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 85.11 Bn | 72.91 Bn | 6.04 Bn | 1.90 Bn |
| 2 | Aon | 64.77 Bn | 63.50 Bn | - | 915.00 Mn |
| 3 | Arthur J. Gallagher | 61.87 Bn | 60.48 Bn | - | - |
| 4 | Willis Towers Watson | 29.66 Bn | 28.00 Bn | 2.09 Bn | 364.00 Mn |
| 5 | Brown & Brown | 22.09 Bn | 21.17 Bn | 1.41 Bn | 112.00 Mn |
| 6 | XChange TEC.INC | 15.59 Bn | 15.59 Bn | - | - |
| 7 | Erie Indemnity | 11.31 Bn | 10.96 Bn | - | 204.12 Mn |
| 8 | Ryan Specialty Holdings | 4.78 Bn | 4.64 Bn | - | 180.32 Mn |
| 9 | Neptune Insurance Holdings | 4.32 Bn | 4.31 Bn | - | 26.55 Mn |
| 10 | Baldwin Insurance | 2.75 Bn | 2.56 Bn | - | -8.34 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.90 Bn |
| Mar 31, 2026 | 1.75 Bn |
| Dec 31, 2025 | 1.22 Bn |
| Sep 30, 2025 | 1.17 Bn |
| Jun 30, 2025 | 1.83 Bn |
| Mar 31, 2025 | 2.01 Bn |
| Dec 31, 2024 | 1.14 Bn |
| Sep 30, 2024 | 1.11 Bn |
| Jun 30, 2024 | 1.64 Bn |
| Mar 31, 2024 | 1.93 Bn |
| Dec 31, 2023 | 1.10 Bn |
| Sep 30, 2023 | 996.00 Mn |
| Jun 30, 2023 | 1.46 Bn |
| Mar 31, 2023 | 1.73 Bn |
| Dec 31, 2022 | 680.00 Mn |
| Sep 30, 2022 | 791.00 Mn |
| Jun 30, 2022 | 1.36 Bn |
| Mar 31, 2022 | 1.45 Bn |
| Dec 31, 2021 | 986.00 Mn |
| Sep 30, 2021 | 740.00 Mn |