Marsh & Mclennan Companies (MRSH) Tax Rate (2009 - 2026)
Marsh & Mclennan Companies' (MRSH) quarterly Tax Rate came in at 24.15% in Q2 2026, down 106.0% YoY from 402.47% in Q2 2025, and down 3.35% on a QoQ basis from 24.98% in Q1 2026.
Marsh & Mclennan Companies (MRSH) Tax Rate (2009 - 2026) Analysis & Trends
Marsh & Mclennan Companies (MRSH) has 18 years of Tax Rate data on file, last reported at 24.15% in Q2 2026.
- Quarterly Tax Rate fell 106.0% year-over-year to 24.15% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 23.95% (changed 0.0% YoY) and the FY2025 annual result came in at 23.56%, down 131.0% from the prior year.
- Tax Rate retreated to 24.15% in Q2 2026, from 24.98% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 27.34% in Q3 2024 to a low of 20.61% in Q4 2024.
- A 5-year average of 24.22% and a median of 24.52% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate soared 714 bps — and 2024, when it slumped 639 bps.
- Tracing MRSH's Tax Rate over 5 years: stood at 23.16% in 2022, then rose by 17 bps to 27.0% in 2023, then fell by 24 bps to 20.61% in 2024, then advanced by 2 bps to 21.02% in 2025, then increased by 15 bps to 24.15% in 2026.
- The last three Tax Rate figures came in at 24.15% (Q2 2026), 24.98% (Q1 2026), and 21.02% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 265.99 Bn | 265.99 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 92.14 Bn | 79.94 Bn | 6.04 Bn | 24.15% |
| 3 | Aon | 75.64 Bn | 74.37 Bn | - | 21.96% |
| 4 | Arthur J. Gallagher | 67.55 Bn | 66.16 Bn | - | 21.74% |
| 5 | Willis Towers Watson | 32.13 Bn | 30.47 Bn | 2.09 Bn | 19.52% |
| 6 | Brown & Brown | 23.98 Bn | 23.06 Bn | 1.41 Bn | 24.54% |
| 7 | Erie Indemnity | 12.29 Bn | 11.94 Bn | - | 20.95% |
| 8 | Neptune Insurance Holdings | 4.61 Bn | 4.59 Bn | - | 31.88% |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 8.47% |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.15% |
| Jun 30, 2026 | 24.15% |
| Jun 30, 2026 | 24.15% |
| Mar 31, 2026 | 24.98% |
| Mar 31, 2026 | 24.98% |
| Mar 31, 2026 | 24.98% |
| Dec 31, 2025 | 21.02% |
| Dec 31, 2025 | 21.02% |
| Dec 31, 2025 | 21.02% |
| Sep 30, 2025 | 25.05% |
| Sep 30, 2025 | 25.05% |
| Sep 30, 2025 | 25.05% |
| Jun 30, 2025 | 25.21% |
| Jun 30, 2025 | 25.21% |
| Jun 30, 2025 | 25.21% |
| Mar 31, 2025 | 22.71% |
| Mar 31, 2025 | 22.71% |
| Mar 31, 2025 | 22.71% |
| Dec 31, 2024 | 20.61% |
| Dec 31, 2024 | 20.61% |