Latest period
$311M
YoY change
-7.9%
5Y CAGR
-3.5%
Peak year (FY1999)
$715M
Cumulative CapEx
$12.5B
CapEx history chart for Marsh & McLennan Companies (MRSH) from 2016 to 2025
Latest: $291M
CapEx growth chart for Marsh & McLennan Companies (MRSH) from 2016 to 2025
Latest: -7.9%
CapEx history table for Marsh & McLennan Companies (MRSH) from 1989 to 2025
| FY2025 | $291M | -7.9% | -$25M | ||
| FY2024 | $316M | -24.0% | -$100M | ||
| FY2023 | $416M | -11.5% | -$54M | ||
| FY2022 | $470M | +15.8% | +$64M | ||
| FY2021 | $406M | +16.7% | +$58M | ||
| FY2020 | $348M | -17.3% | -$73M | ||
| FY2019 | $421M | +34.1% | +$107M | ||
| FY2018 | $314M | +4.0% | +$12M | ||
| FY2017 | $302M | +19.4% | +$49M | ||
| FY2016 | $253M | -22.2% | -$72M | ||
| FY2015 | $325M | -11.7% | -$43M | ||
| FY2014 | $368M | -8.2% | -$33M | ||
| FY2013 | $401M | +25.3% | +$81M | ||
| FY2012 | $320M | +14.3% | +$40M | ||
| FY2011 | $280M | +3.3% | +$9M | ||
| FY2010 | $271M | -11.1% | -$34M | ||
| FY2009 | $305M | -21.0% | -$81M | ||
| FY2008 | $386M | +2.1% | +$8M | ||
| FY2007 | $378M | +23.1% | +$71M | ||
| FY2006 | $307M | -11.0% | -$38M | ||
| FY2005 | $345M | -8.2% | -$31M | ||
| FY2004 | $376M | -13.8% | -$60M | ||
| FY2003 | $436M | +3.1% | +$13M | ||
| FY2002 | $423M | -2.3% | -$10M | ||
| FY2001 | $433M | -15.4% | -$79M | ||
| FY2000 | $512M | -28.4% | -$203M | ||
| FY1999 | $715M | +19.4% | +$116M | ||
| FY1998 | $599M | -11.3% | -$76M | ||
| FY1997 | $675M | +329.1% | +$518M | ||
| FY1996 | $157M | +14.9% | +$20.4M | ||
| FY1995 | $137M | -8.2% | -$12.2M | ||
| FY1994 | $149M | +50.9% | +$50.3M | ||
| FY1993 | $98.8M | +19.3% | +$16M | ||
| FY1992 | $82.8M | +2.0% | +$1.6M | ||
| FY1991 | $81.2M | -47.5% | -$73.5M | ||
| FY1990 | $155M | -3.7% | -$6M | ||
| FY1989 | $161M | — | — |
- FY2025$291M-7.9%
- FY2024$316M-24.0%
- FY2023$416M-11.5%
- FY2022$470M+15.8%
- FY2021$406M+16.7%
- FY2020$348M-17.3%
- FY2019$421M+34.1%
- FY2018$314M+4.0%
- FY2017$302M+19.4%
- FY2016$253M-22.2%
- FY2015$325M-11.7%
- FY2014$368M-8.2%
- FY2013$401M+25.3%
- FY2012$320M+14.3%
- FY2011$280M+3.3%
- FY2010$271M-11.1%
- FY2009$305M-21.0%
- FY2008$386M+2.1%
- FY2007$378M+23.1%
- FY2006$307M-11.0%
- FY2005$345M-8.2%
- FY2004$376M-13.8%
- FY2003$436M+3.1%
- FY2002$423M-2.3%
- FY2001$433M-15.4%
- FY2000$512M-28.4%
- FY1999$715M+19.4%
- FY1998$599M-11.3%
- FY1997$675M+329.1%
- FY1996$157M+14.9%
- FY1995$137M-8.2%
- FY1994$149M+50.9%
- FY1993$98.8M+19.3%
- FY1992$82.8M+2.0%
- FY1991$81.2M-47.5%
- FY1990$155M-3.7%
- FY1989$161M—
CapEx values are taken from Marsh & McLennan Companies's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Marsh & McLennan Companies (MRSH)
According to Marsh & McLennan Companies's latest reported financial statements, the company's current CapEx (TTM) is $311M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Marsh & McLennan Companies (MRSH) most recent annual CapEx stands at $291M (2025) – declined 7.9% year-over-year.
Marsh & McLennan Companies CapEx compound annual growth for the 2020–2025 (5 years) window is -3.5%, with a net decline across the window.
Between 1999 and 2025, Marsh & McLennan Companies CapEx plunged 59.3%, falling from $715M to $291M.
The highest annual CapEx of $715M was reported in 1999. The lowest in the available history was $81.2M in 1991.
Marsh & McLennan Companies Capital Expenditures by Year
Marsh & McLennan Companies Capital Expenditures 2025: $291M
Marsh & McLennan Companies CapEx in 2025 was $291M, declined 7.9% below 2024.
Marsh & McLennan Companies Capital Expenditures 2024: $316M
2024's CapEx for Marsh & McLennan Companies came in at $316M, declined 24.0% below 2023.
Marsh & McLennan Companies Capital Expenditures 2023: $416M
Marsh & McLennan Companies posted CapEx of $416M in 2023, declined 11.5% below 2022.
Marsh & McLennan Companies Capital Expenditures 2022: $470M
In 2022, Marsh & McLennan Companies reported CapEx of $470M, grew 15.8% from 2021.
Marsh & McLennan Companies Capital Expenditures 2021: $406M
Marsh & McLennan Companies CapEx in 2021 was $406M.
See more financial history for Marsh & McLennan Companies (MRSH).
Sector peers by CapEx
Financial Services peers of Marsh & McLennan Companies (MRSH), ranked by their latest CapEx
| $20.9B | |
| $2.9B | |
| $2.06B | |
| $1.48B | |
| $489M | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $2.9B
- $2.06B
- $1.48B
- $489M
- $0.00
- $0.00
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Marsh & McLennan Companies (MRSH) Key Financials
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- Buybacks3.41% TTM
- Dividend Profile1.87% yield
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- Stock Split History5 splits
How this company returns cash to shareholders — buybacks, dividends, and stock splits.