Growth Metrics

Marsh & Mclennan Companies (MRSH) Operating Margin (2016 - 2026)

Marsh & Mclennan Companies filings provide 18 years of Operating Margin readings, the most recent being 23.09% for Q1 2026.

  • On a quarterly basis, Operating Margin fell 531.0% to 23.09% in Q1 2026 year-over-year; TTM through Mar 2026 was 21.7%, a 184.0% decrease, with the full-year FY2025 number at 23.06%, down 72.0% from a year prior.
  • Operating Margin reached 23.09% in Q1 2026 per MRSH's latest filing, up from 18.48% in the prior quarter.
  • The five-year high for Operating Margin was 29.74% in Q1 2024, with the low at 13.54% in Q4 2022.
  • A 5-year average of 22.52% and a median of 23.09% in 2026 define the central range for Operating Margin.
  • Year-over-year, Operating Margin crashed -565bps in 2022 and then skyrocketed 632bps in 2023.
  • Year by year, Operating Margin stood at 13.54% in 2022, then skyrocketed by 47bps to 19.86% in 2023, then decreased by -5bps to 18.82% in 2024, then fell by -2bps to 18.48% in 2025, then rose by 25bps to 23.09% in 2026.
  • Per Business Quant, the three most recent readings for MRSH's Operating Margin are 23.09% (Q1 2026), 18.48% (Q4 2025), and 18.42% (Q3 2025).