Operating Income for Marsh & McLennan Companies (MRSH)
According to Marsh & McLennan Companies's latest reported financial statements, the company's current operating income (TTM) is $5.97B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$5.97B
YoY change
+7.0%
5Y CAGR
+15.2%
Peak year (2025)
$6.22B
Cumulative operating income
$74.15B
Operating Income history chart for Marsh & McLennan Companies (MRSH) from 1985 to 2025
Operating Income history table for Marsh & McLennan Companies (MRSH) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $6.22B | +7.0% | ||
| 2024 | $5.82B | +10.1% | ||
| 2023 | $5.28B | +23.4% | ||
| 2022 | $4.28B | -0.7% | ||
| 2021 | $4.31B | +40.6% | ||
| 2020 | $3.07B | +14.5% | ||
| 2019 | $2.68B | -3.0% | ||
| 2018 | $2.76B | +4.0% | ||
| 2017 | $2.65B | +9.2% | ||
| 2016 | $2.43B | +0.5% | ||
| 2015 | $2.42B | +5.1% | ||
| 2014 | $2.30B | +10.8% | ||
| 2013 | $2.08B | +13.6% | ||
| 2012 | $1.83B | +11.7% | ||
| 2011 | $1.64B | +74.4% | ||
| 2010 | $939.00M | +20.7% | ||
| 2009 | $778.00M | +14.6% | ||
| 2008 | $679.00M | -19.7% | ||
| 2007 | $846.00M | -10.8% | ||
| 2006 | $948.00M | +60.7% | ||
| 2005 | $590.00M | -1.7% | ||
| 2004 | $600.00M | -76.0% | ||
| 2003 | $2.50B | +9.8% | ||
| 2002 | $2.27B | +29.0% | ||
| 2001 | $1.76B | -19.1% | ||
| 2000 | $2.18B | +48.5% | ||
| 1999 | $1.47B | +3.3% | ||
| 1998 | $1.42B | +77.9% | ||
| 1997 | $798.00M | +11.6% | ||
| 1996 | $715.00M | +2.9% | ||
| 1995 | $694.90M | +3.7% | ||
| 1994 | $670.30M | +13.1% | ||
| 1993 | $592.80M | +9.6% | ||
| 1992 | $541.00M | +8.6% | ||
| 1991 | $498.10M | -5.5% | ||
| 1990 | $527.30M | +3.5% | ||
| 1989 | $509.50M | -1.1% | ||
| 1988 | $515.40M | -6.3% | ||
| 1987 | $550.20M | +14.5% | ||
| 1986 | $480.50M | +53.3% | ||
| 1985 | $313.40M | — |
Operating Income values are taken from Marsh & McLennan Companies's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Marsh & McLennan Companies (MRSH) operating income is $6.22B – grew 7.0% year-over-year.
Across 2020–2025 (5 years), Marsh & McLennan Companies operating income produced a CAGR of +15.2% – sustaining 3 straight years of year-over-year growth.
2025 marks the peak operating income at $6.22B, with the historical low of $313.40M recorded in 1985.
Among 8 Financial Services peers, Marsh & McLennan Companies (MRSH) ranks 9th; the peer median for operating income is $24.60B.
Marsh & McLennan Companies Operating Income by Year
Marsh & McLennan Companies Operating Income 2025: $6.22B
Marsh & McLennan Companies operating income in 2025 was $6.22B, grew 7.0% from 2024. This figure represents the highest annual value in the available history.
Marsh & McLennan Companies Operating Income 2024: $5.82B
Marsh & McLennan Companies operating income in 2024 was $5.82B, grew 10.1% from 2023.
Marsh & McLennan Companies Operating Income 2023: $5.28B
Marsh & McLennan Companies operating income in 2023 was $5.28B, grew 23.4% from 2022.
Marsh & McLennan Companies Operating Income 2022: $4.28B
Marsh & McLennan Companies operating income in 2022 was $4.28B, edged down 0.7% below 2021.
Marsh & McLennan Companies Operating Income 2021: $4.31B
Marsh & McLennan Companies operating income in 2021 was $4.31B.
See more financial history for Marsh & McLennan Companies (MRSH).
Sector peers — Operating Income
Companies in the same sector as Marsh & McLennan Companies, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $72.59B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $59.54B | Financial Services |
| Bank of America Corporation (BAC) | $37.70B | Financial Services |
| Wells Fargo & Company (WFC) | $25.20B | Financial Services |
| Visa Inc. (V) | $23.99B | Financial Services |
| Morgan Stanley (MS) | $21.95B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $21.85B | Financial Services |
| Mastercard Incorporated (MA) | $19.40B | Financial Services |
Frequently asked questions
What is Marsh & McLennan Companies's operating income?
- Latest reported operating income for Marsh & McLennan Companies (MRSH) is $5.97B (period ending March 31, 2026).
How has Marsh & McLennan Companies operating income changed year-over-year?
- Marsh & McLennan Companies (MRSH) operating income changed +7.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Marsh & McLennan Companies operating income?
- Marsh & McLennan Companies (MRSH) operating income compound annual growth rate is +15.2% over the most recent 5 years available.
When did Marsh & McLennan Companies operating income hit its highest annual value?
- Marsh & McLennan Companies operating income reached its highest annual value of $6.22B in 2025.
What was Marsh & McLennan Companies operating income in 2024?
- Marsh & McLennan Companies (MRSH) operating income in 2024 was $5.82B.
What was Marsh & McLennan Companies operating income in 2025?
- Marsh & McLennan Companies (MRSH) operating income in 2025 was $6.22B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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