State Ledger
Company profile

MARSH & MCLENNAN COMPANIES, INC. CIK 62709

Ticker
MRSH (NYSE)
Industry
Insurance Agents, Brokers & Service
Headquarters
New York, NY 10036
Fiscal year end
2025 (FY)
Market Data
Close
$175.74
Change
-$0.91
Change %
-0.52%
Volume
177,900

MRSH · trading date Oct 9, 2026 · previous close $176.65 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$26.98B
Net income
$4.16B
Total assets
$58.71B
Total liabilities
—
Stockholders' equity
$15.32B
Cash & equivalents
$2.69B
Operating income
$6.22B
Operating cash flow
$5.29B
Capital expenditures
$291.00M

Fiscal year 2025, via 10-K filed 2026-02-09. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
23.1%
Net margin
15.4%
Free cash flow
$5.00B
Free cash flow margin
18.5%
Liabilities / assets
—
Equity / assets
26.1%
CapEx / revenue
1.1%
Operating cash flow / net income
1.27×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $26.98B $4.16B $58.71B — $15.32B
2024 $24.46B $4.06B $56.48B — $13.54B
2023 $22.74B $3.76B $48.03B — $12.37B
2022 $20.72B $3.05B $44.11B — $10.75B
2021 — $3.14B $44.01B — $11.22B
Company Details
SIC code
6411
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-03
Financials filed via
Form 10-K
filed 2026-02-09

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
New York, NY 10036
1166 AVENUE OF THE AMERICAS
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:41 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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