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

Marsh & Mclennan Companies' Operating Margin history runs 18 years deep, the most recent figure standing at 25.65% for Q2 2026.

• Quarterly Operating Margin fell 58.0% year-over-year to 25.65% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 21.62% (down 196.0% YoY) and the FY2025 annual result came in at 23.06%, down 72.0% from the prior year.
• Operating Margin was 25.65% for Q2 2026 at Marsh & Mclennan Companies, up from 23.09% in the prior quarter.
• Across five years, Operating Margin topped out at 29.74% in Q1 2024 and bottomed at 13.54% in Q4 2022.
• A 5-year average of 22.69% and a median of 23.94% in 2023 frame the typical range for Operating Margin.
• Annual changes were most pronounced in 2022 — Operating Margin slumped 565 bps — and 2023, when it soared 632 bps.
• Marsh & Mclennan Companies' Operating Margin stood at 13.54% in 2022, then surged by 47 bps to 19.86% in 2023, then fell by 5 bps to 18.82% in 2024, then retreated by 2 bps to 18.48% in 2025, then jumped by 39 bps to 25.65% in 2026.
• Business Quant data shows MRSH's Operating Margin at 25.65% in Q2 2026, 23.09% in Q1 2026, and 18.48% in Q4 2025.