Operating CF
$5.23B
Capex
−$298.00M
Free Cash Flow
$4.93B
FCF Margin
+94.3%
Cash flow waterfall for Marsh & McLennan Companies (MRSH) — TTM through Q1 2026
Free cash flow: $4.93B
Cash flow breakdown for Marsh & McLennan Companies (MRSH) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $5.23B | $5.23B |
| Capital Expenditure | −$298.00M | $4.93B |
| Free Cash Flow | $4.93B | $4.93B |
| Acquisitions | −$675.00M | $4.25B |
| Other Investing | −$2.00M | $4.25B |
| Share Buybacks | −$2.33B | $1.93B |
| Dividends Paid | −$1.74B | $191.00M |
| Net Debt Change | −$623.00M | −$432.00M |
| Other Financing & FX | $312.00M | −$120.00M |
| Net Cash Decrease | −$120.00M | −$120.00M |
- Operating Cash Flow$5.23B
- Capital Expenditure−$298.00M
- Free Cash Flow$4.93B
- Acquisitions−$675.00M
- Other Investing−$2.00M
- Share Buybacks−$2.33B
- Dividends Paid−$1.74B
- Net Debt Change−$623.00M
- Other Financing & FX$312.00M
- Net Cash Decrease−$120.00M
Want to see what drove the FCF change?Free Cash Flow Bridge
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