Marsh Financial Statements From 2010 to 2025

MMC Stock  USD 227.29  3.29  1.47%   
Marsh McLennan's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Marsh McLennan's valuation are provided below:
Gross Profit
11.1 B
Profit Margin
0.1613
Market Capitalization
111.1 B
Enterprise Value Revenue
5.1985
Revenue
25 B
We have found one hundred twenty available fundamental ratios for Marsh McLennan, which can be analyzed and compared to other ratios and to its peers in the industry. Investors should ensure to check all of Marsh McLennan's last-minute performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road. As of May 2, 2025, Market Cap is expected to decline to about 4.7 B. In addition to that, Enterprise Value is expected to decline to about 4.9 B

Marsh McLennan Total Revenue

25.68 Billion

Check Marsh McLennan financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Marsh McLennan's main balance sheet or income statement drivers, such as Depreciation And Amortization of 708.7 M, Interest Expense of 735 M or Total Revenue of 25.7 B, as well as many indicators such as Price To Sales Ratio of 4.49, Dividend Yield of 0.0282 or PTB Ratio of 8.22. Marsh financial statements analysis is a perfect complement when working with Marsh McLennan Valuation or Volatility modules.
  
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Check out the analysis of Marsh McLennan Correlation against competitors.

Marsh McLennan Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets59.3 B56.5 B27.6 B
Slightly volatile
Short and Long Term Debt Total23 B21.9 B9.2 B
Slightly volatile
Other Current Liabilities15.6 B14.9 B4.3 B
Slightly volatile
Total Current Liabilities20.5 B19.5 B7.4 B
Slightly volatile
Total Stockholder Equity14 B13.3 B8.4 B
Slightly volatile
Property Plant And Equipment Net1.2 B2.4 B1.4 B
Slightly volatile
Retained Earnings26.6 B25.3 B14.5 B
Slightly volatile
Cash1.3 B2.4 B1.7 B
Pretty Stable
Non Current Assets Total36.1 B34.4 B18.6 B
Slightly volatile
Non Currrent Assets Other1.9 B3.6 B1.6 B
Slightly volatile
Cash And Short Term Investments1.3 B2.4 B1.7 B
Pretty Stable
Net Receivables7.5 B7.2 B4.5 B
Slightly volatile
Common Stock Shares Outstanding555.1 M496 M520.6 M
Very volatile
Liabilities And Stockholders Equity59.3 B56.5 B27.6 B
Slightly volatile
Non Current Liabilities Total24.6 B23.4 B11.7 B
Slightly volatile
Total Liabilities45.1 B42.9 B19.2 B
Slightly volatile
Total Current Assets23.2 B22.1 B9.1 B
Slightly volatile
Short Term Debt571.5 M844 M615.2 M
Slightly volatile
Intangible Assets3.2 B4.8 B1.8 B
Slightly volatile
Accounts Payable1.8 B3.4 B2.2 B
Slightly volatile
Other Current Assets13.2 B12.6 B2.8 B
Slightly volatile
Property Plant And Equipment Gross4.1 B3.9 B1.8 B
Slightly volatile
Common Stock Total Equity577.9 M645.1 M549.1 M
Slightly volatile
Common Stock580.9 M645.1 M549.3 M
Slightly volatile
Other Liabilities3.4 BB3.3 B
Pretty Stable
Other Assets2.9 B4.5 B2.9 B
Slightly volatile
Long Term Debt20.4 B19.4 BB
Slightly volatile
Property Plant Equipment2.9 B2.8 B1.4 B
Slightly volatile
Good Will24.5 B23.3 B12.3 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity276.5 M263.4 M134.2 M
Slightly volatile
Retained Earnings Total Equity13.5 B23.3 B13.9 B
Slightly volatile
Long Term Debt Total13.6 B12.9 B7.2 B
Slightly volatile
Capital Surpluse801 M1.1 B992.1 M
Pretty Stable
Non Current Liabilities Other2.5 B1.6 B2.9 B
Slightly volatile
Deferred Long Term Asset Charges796.9 M612 M847.8 M
Slightly volatile
Long Term Investments700.7 M826.9 M648.6 M
Slightly volatile
Short and Long Term Debt506.6 M519 M351 M
Slightly volatile
Cash And Equivalents1.5 B1.7 B1.3 B
Slightly volatile
Net Invested Capital20.3 B33.3 B16.1 B
Slightly volatile
Net Working Capital1.6 B2.6 B1.4 B
Slightly volatile
Capital Stock448.8 M504.9 M550.5 M
Slightly volatile
Capital Lease Obligations1.7 B1.9 B2.2 B
Slightly volatile

Marsh McLennan Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization708.7 M746 MB
Slightly volatile
Total Revenue25.7 B24.5 B15.8 B
Slightly volatile
Gross Profit5.5 B10.5 B7.3 B
Slightly volatile
Other Operating Expenses19.6 B18.6 B12.9 B
Slightly volatile
Operating Income6.1 B5.8 B3.1 B
Slightly volatile
EBITDA7.2 B6.9 B3.8 B
Slightly volatile
Cost Of Revenue7.1 B14 B8.3 B
Slightly volatile
Total Operating ExpensesB4.6 B4.7 B
Slightly volatile
Income Before Tax5.8 B5.5 B2.9 B
Slightly volatile
Net Income4.3 B4.1 B2.1 B
Slightly volatile
Income Tax Expense1.4 B1.4 B799 M
Slightly volatile
Net Income Applicable To Common Shares3.7 B3.5 B2.1 B
Slightly volatile
Selling General Administrative9.5 B13.9 B9.7 B
Slightly volatile
Net Income From Continuing Ops2.1 B4.1 BB
Slightly volatile
Non Recurring252 M283.5 M309.1 M
Slightly volatile
Tax Provision984.6 M1.4 B830.7 M
Slightly volatile
Interest Income124.2 M83 M113.3 M
Pretty Stable
Reconciled Depreciation729.3 M746 M587.5 M
Slightly volatile

Marsh McLennan Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation386.4 M368 M194.3 M
Slightly volatile
Free Cash Flow4.2 BB2.2 B
Slightly volatile
Begin Period Cash Flow14.9 B14.2 BB
Slightly volatile
Depreciation431.5 M746 M506 M
Slightly volatile
Capital Expenditures370.4 M316 M341.9 M
Slightly volatile
Total Cash From Operating Activities4.5 B4.3 B2.6 B
Slightly volatile
Net Income4.3 B4.1 B2.1 B
Slightly volatile
End Period Cash Flow14.4 B13.7 B5.2 B
Slightly volatile
Issuance Of Capital Stock178.5 M264 M128.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.494.27293.0337
Slightly volatile
Dividend Yield0.02820.01450.0197
Slightly volatile
PTB Ratio8.227.83285.8133
Slightly volatile
Days Sales Outstanding78.18107101
Very volatile
Book Value Per Share28.8927.510216.5648
Slightly volatile
Free Cash Flow Yield0.02950.03810.0462
Slightly volatile
Operating Cash Flow Per Share9.188.74395.0386
Slightly volatile
Stock Based Compensation To Revenue0.00810.0150.01
Slightly volatile
Capex To Depreciation0.40.42360.7476
Slightly volatile
PB Ratio8.227.83285.8133
Slightly volatile
EV To Sales5.325.06873.4138
Slightly volatile
Free Cash Flow Per Share8.518.10164.3755
Slightly volatile
ROIC0.130.11560.1182
Pretty Stable
Net Income Per Share8.668.2524.1481
Slightly volatile
Payables Turnover5.244.11414.2432
Slightly volatile
Sales General And Administrative To Revenue0.650.670.5949
Slightly volatile
Capex To Revenue0.01230.01290.0248
Slightly volatile
POCF Ratio13.7624.292418.3346
Slightly volatile
Interest Coverage7.028.319.3713
Pretty Stable
Payout Ratio0.510.37270.4324
Slightly volatile
Capex To Operating Cash Flow0.06980.07350.1624
Slightly volatile
PFCF Ratio35.6526.218223.2011
Slightly volatile
Days Payables Outstanding66.8288.720388.925
Pretty Stable
Income Quality1.231.04491.2667
Slightly volatile
ROE0.250.30430.2404
Slightly volatile
EV To Operating Cash Flow15.328.816820.4914
Slightly volatile
PE Ratio15.5325.740322.8685
Slightly volatile
Return On Tangible Assets0.150.14320.1562
Pretty Stable
EV To Free Cash Flow40.4531.101325.8879
Slightly volatile
Earnings Yield0.05390.03880.0454
Slightly volatile
Intangibles To Total Assets0.30.4980.4605
Slightly volatile
Current Ratio0.981.13321.3043
Slightly volatile
Receivables Turnover4.143.41783.6044
Pretty Stable
Graham Number74.5170.957739.0108
Slightly volatile
Shareholders Equity Per Share28.4727.117916.4711
Slightly volatile
Debt To Equity1.721.63860.9488
Slightly volatile
Capex Per Share0.530.64230.6543
Slightly volatile
Revenue Per Share52.249.711430.9092
Slightly volatile
Interest Debt Per Share48.1545.857718.9698
Slightly volatile
Debt To Assets0.410.38710.2884
Slightly volatile
Enterprise Value Over EBITDA9.5818.034613.4682
Slightly volatile
Short Term Coverage Ratios9.455.097225.6316
Pretty Stable
Price Earnings Ratio15.5325.740322.8685
Slightly volatile
Operating Cycle78.76107101
Very volatile
Price Book Value Ratio8.227.83285.8133
Slightly volatile
Days Of Payables Outstanding66.8288.720388.925
Pretty Stable
Dividend Payout Ratio0.510.37270.4324
Slightly volatile
Price To Operating Cash Flows Ratio13.7624.292418.3346
Slightly volatile
Price To Free Cash Flows Ratio35.6526.218223.2011
Slightly volatile
Pretax Profit Margin0.180.22410.1796
Slightly volatile
Ebt Per Ebit0.990.94210.938
Very volatile
Operating Profit Margin0.190.23780.1911
Slightly volatile
Effective Tax Rate0.430.24870.3054
Slightly volatile
Company Equity Multiplier2.224.23332.9427
Slightly volatile
Long Term Debt To Capitalization0.620.59290.4165
Slightly volatile
Total Debt To Capitalization0.310.6210.4293
Slightly volatile
Return On Capital Employed0.230.15740.184
Slightly volatile
Debt Equity Ratio1.721.63860.9488
Slightly volatile
Ebit Per Revenue0.190.23780.1911
Slightly volatile
Quick Ratio0.981.13321.3044
Slightly volatile
Dividend Paid And Capex Coverage Ratio2.472.35212.0798
Slightly volatile
Net Income Per E B T0.540.74090.6849
Pretty Stable
Cash Ratio0.120.12290.3348
Slightly volatile
Cash Conversion Cycle17.1718.072520.927
Slightly volatile
Operating Cash Flow Sales Ratio0.0960.17590.1533
Pretty Stable
Days Of Sales Outstanding78.18107101
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.570.92650.8151
Pretty Stable
Cash Flow Coverage Ratios0.190.19680.4119
Slightly volatile
Price To Book Ratio8.227.83285.8133
Slightly volatile
Fixed Asset Turnover7.3910.376812.3572
Slightly volatile
Capital Expenditure Coverage Ratio14.2913.61397.4584
Slightly volatile
Price Cash Flow Ratio13.7624.292418.3346
Slightly volatile
Enterprise Value Multiple9.5818.034613.4682
Slightly volatile
Debt Ratio0.410.38710.2884
Slightly volatile
Cash Flow To Debt Ratio0.190.19680.4119
Slightly volatile
Price Sales Ratio4.494.27293.0337
Slightly volatile
Return On Assets0.09490.07190.0835
Pretty Stable
Asset Turnover0.410.4330.6646
Slightly volatile
Net Profit Margin0.0880.1660.1218
Slightly volatile
Gross Profit Margin0.260.42780.3991
Very volatile
Price Fair Value8.227.83285.8133
Slightly volatile
Return On Equity0.250.30430.2404
Slightly volatile

Marsh McLennan Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap4.7 B6.8 B7.1 B
Very volatile
Enterprise Value4.9 B7.3 B7.6 B
Very volatile

Marsh Fundamental Market Drivers

Forward Price Earnings22.8833
Cash And Short Term Investments2.4 B

Marsh Upcoming Events

18th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Marsh McLennan Financial Statements

Marsh McLennan stakeholders use historical fundamental indicators, such as Marsh McLennan's revenue or net income, to determine how well the company is positioned to perform in the future. Although Marsh McLennan investors may analyze each financial statement separately, they are all interrelated. For example, changes in Marsh McLennan's assets and liabilities are reflected in the revenues and expenses on Marsh McLennan's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Marsh McLennan Companies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-3.3 B-3.1 B
Total Revenue24.5 B25.7 B
Cost Of Revenue14 B7.1 B
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.67  0.65 
Capex To Revenue 0.01  0.01 
Revenue Per Share 49.71  52.20 
Ebit Per Revenue 0.24  0.19 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Marsh McLennan Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marsh McLennan's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marsh Mclennan Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marsh Mclennan Companies Stock:
Check out the analysis of Marsh McLennan Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Insurance Brokers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marsh McLennan. If investors know Marsh will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marsh McLennan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
3.26
Earnings Share
8.15
Revenue Per Share
50.907
Quarterly Revenue Growth
0.091
The market value of Marsh McLennan Companies is measured differently than its book value, which is the value of Marsh that is recorded on the company's balance sheet. Investors also form their own opinion of Marsh McLennan's value that differs from its market value or its book value, called intrinsic value, which is Marsh McLennan's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marsh McLennan's market value can be influenced by many factors that don't directly affect Marsh McLennan's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marsh McLennan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marsh McLennan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marsh McLennan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.