Marsh & Mclennan Companies (MRSH) Total Debt (2009 - 2026)
Marsh & Mclennan Companies' (MRSH) quarterly Total Debt came in at $20.6 billion in Q2 2026, up 4.22% YoY from $19.7 billion in Q2 2025, and down 3.27% on a QoQ basis from $21.3 billion in Q1 2026.
Marsh & Mclennan Companies (MRSH) Total Debt (2009 - 2026) Analysis & Trends
Marsh & Mclennan Companies (MRSH) has 18 years of Total Debt data on file, last reported at $20.6 billion in Q2 2026.
- Quarterly Total Debt rose 4.22% year-over-year to $20.6 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $20.6 billion (up 4.22% YoY) and the FY2025 annual result came in at $19.6 billion, down 1.8% from the prior year.
- Total Debt eased to $20.6 billion in Q2 2026, from $21.3 billion in the prior quarter.
- In the past five years, Total Debt ranged from a high of $21.3 billion in Q1 2026 to a low of $11.4 billion in Q3 2022.
- A 5-year average of $15.9 billion and a median of $14.3 billion in 2023 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2024 — Total Debt dropped 17.2% — and 2025, when it jumped 62.23%.
- Tracing MRSH's Total Debt over 5 years: stood at $11.5 billion in 2022, then increased by 17.12% to $13.5 billion in 2023, then soared by 48.16% to $19.9 billion in 2024, then retreated by 1.8% to $19.6 billion in 2025, then rose by 4.97% to $20.6 billion in 2026.
- The last three Total Debt figures came in at $20.6 billion (Q2 2026), $21.3 billion (Q1 2026), and $19.6 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 264.13 Bn | 264.13 Bn | - | 164.41 Mn |
| 2 | Marsh & Mclennan Companies | 92.11 Bn | 79.91 Bn | 6.04 Bn | 21.21 Bn |
| 3 | Aon | 75.64 Bn | 74.37 Bn | - | 14.97 Bn |
| 4 | Arthur J. Gallagher | 67.47 Bn | 66.08 Bn | - | 13.48 Bn |
| 5 | Willis Towers Watson | 32.11 Bn | 30.45 Bn | 2.09 Bn | 6.53 Bn |
| 6 | Brown & Brown | 24.01 Bn | 23.10 Bn | 1.41 Bn | 7.76 Bn |
| 7 | Erie Indemnity | 12.22 Bn | 11.87 Bn | - | - |
| 8 | Neptune Insurance Holdings | 4.58 Bn | 4.56 Bn | - | 240.00 Mn |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 120.10 Mn |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.56 Bn |
| Mar 31, 2026 | 21.26 Bn |
| Dec 31, 2025 | 19.59 Bn |
| Sep 30, 2025 | 20.84 Bn |
| Jun 30, 2025 | 19.73 Bn |
| Mar 31, 2025 | 21.15 Bn |
| Dec 31, 2024 | 19.95 Bn |
| Sep 30, 2024 | 12.85 Bn |
| Jun 30, 2024 | 14.06 Bn |
| Mar 31, 2024 | 13.47 Bn |
| Dec 31, 2023 | 13.46 Bn |
| Sep 30, 2023 | 15.52 Bn |
| Jun 30, 2023 | 14.49 Bn |
| Mar 31, 2023 | 12.95 Bn |
| Dec 31, 2022 | 11.50 Bn |
| Sep 30, 2022 | 11.37 Bn |
| Jun 30, 2022 | 12.17 Bn |
| Mar 31, 2022 | 11.74 Bn |
| Dec 31, 2021 | 10.95 Bn |
| Sep 30, 2021 | 10.74 Bn |