Marsh & McLennan Companies, Inc.

Financial Services · Insurance Brokers

171.10$ +0.7% vs. previous close Closing price · As of: Sep 25, 2026

Statements

Balance Sheet

Marsh & McLennan Companies, Inc. (MRSH) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Total Assets" came in at 58,710 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size %

Last 12 Full history

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All figures in millions of USD.

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Balance Sheet MRSH
Line item	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Total Assets	4,545	7,914	11,871	13,021	13,769	13,293	13,855	15,053	18,337	17,892	18,137	17,359	15,206	15,322	15,310	15,454	16,307	16,928	17,840	18,216	18,190	20,429	21,578	31,317	33,030	34,388	44,114	48,030	56,481	58,710
Current Assets	1,749	2,569	3,245	3,283	3,639	3,792	3,664	3,901	4,887	5,262	5,834	5,454	4,784	4,865	5,276	5,648	6,023	6,249	6,021	5,044	4,884	5,562	5,934	7,068	8,116	8,264	18,959	21,748	22,117	23,200
Cash	300	424	610	428	240	537	546	665	1,396	2,020	2,089	2,133	1,685	1,777	1,894	2,113	2,301	2,303	1,958	1,374	1,026	1,205	1,066	1,155	2,089	1,752	1,442	3,358	2,398	2,687
Cash & Short-Term Investments	300	424	610	428	240	537	546	665	1,396	2,020	2,089	2,133	1,685	1,777	1,894	2,113	2,301	2,303	1,958	1,374	1,026	1,205	1,066	1,155	2,089	1,752	1,442	3,358	2,398	2,687
Receivables	1,086	1,498	1,909	2,298	2,812	2,692	2,478	2,703	2,859	2,730	2,718	2,874	2,755	2,724	3,035	2,906	3,058	3,310	3,377	3,162	3,643	4,133	4,317	5,236	5,326	5,586	5,852	6,418	7,156	7,670
Inventory	–	–	–	–	–	308	226	150	–	–	–	–	–	–	–	–	-6.0	-3.0	–	–	–	–	–	–	–	–	–	–	–	–
Goodwill	–	–	–	–	–	–	–	–	–	–	7,775	7,759	7,163	2,724	3,035	6,562	6,792	6,893	7,241	7,889	8,369	9,089	9,599	14,671	15,517	16,317	16,251	17,231	23,306	24,337
Intangible Assets	545	2,417	4,826	5,542	5,476	5,327	5,404	5,797	8,139	7,773	–	–	–	–	–	401	469	472	692	1,036	1,126	1,274	1,437	2,774	2,699	2,810	3,029	2,630	4,820	5,212
Total Liabilities	2,657	4,679	8,212	9,004	8,541	8,596	8,837	9,602	13,442	12,532	12,318	9,537	9,484	9,474	8,895	9,514	9,682	9,005	10,660	11,614	11,918	12,987	13,994	23,414	23,789	23,166	33,365	35,660	42,946	43,395
Current Liabilities	1,556	2,379	5,002	4,318	4,119	3,938	3,863	4,089	4,735	4,351	5,549	3,493	3,386	3,678	3,105	3,739	3,565	3,809	3,677	3,708	4,082	4,262	4,924	6,679	6,556	6,654	17,832	19,795	19,518	21,060
Short-Term Debt	392	237	2,234	1,131	337	757	543	447	636	498	1,111	260	408	558	8.0	260	260	334	11	12	312	262	314	1,557	859	349	578	1,931	844	1,600
Accounts Payable	448	1,223	1,338	1,762	1,964	1,347	1,406	1,501	1,818	1,733	2,476	1,670	1,688	1,751	1,741	2,016	1,721	1,861	1,883	1,886	1,969	2,083	2,234	2,746	3,050	3,165	3,278	3,403	3,402	3,652
Long-Term Debt	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10,933	11,227	11,844	19,428	18,320
Shareholders' Equity	1,889	3,233	3,659	4,170	5,228	5,173	5,018	5,451	5,056	5,360	5,819	7,822	5,722	5,828	6,368	5,883	6,542	7,905	7,054	6,513	6,192	7,359	7,511	7,793	9,104	11,009	10,520	12,191	13,342	15,100
Retained Earnings	1,902	2,010	2,412	2,674	3,323	3,723	4,490	5,386	5,044	4,989	5,691	7,732	7,237	7,033	7,436	7,949	8,628	9,452	10,335	11,302	12,388	13,140	14,347	15,199	16,272	18,389	20,301	22,759	25,306	27,767
Shares Outstanding	441	502	528	544	568	573	557	548	535	543	557	546	515	524	544	551	552	558	553	536	524	519	511	511	512	513	505	499	496	490

Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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