Total Debt for Marsh & McLennan Companies (MRSH)
According to Marsh & McLennan Companies's latest reported financial statements, the company's latest reported total debt is $22.45B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal DebtSwitch metric
Latest period
$22.45B
YoY change
-1.9%
5Y CAGR
+9.6%
Peak year (2024)
$21.86B
Latest annual
$21.45B
Total Debt history chart for Marsh & McLennan Companies (MRSH) from 1985 to 2025
Total Debt history table for Marsh & McLennan Companies (MRSH) from 1985 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $21.45B | -1.9% | ||
| 2024 | $21.86B | +41.6% | ||
| 2023 | $15.44B | +14.6% | ||
| 2022 | $13.47B | +2.4% | ||
| 2021 | $13.16B | -3.1% | ||
| 2020 | $13.58B | -4.5% | ||
| 2019 | $14.22B | +144.2% | ||
| 2018 | $5.82B | +6.1% | ||
| 2017 | $5.49B | +14.1% | ||
| 2016 | $4.81B | +8.9% | ||
| 2015 | $4.41B | +30.3% | ||
| 2014 | $3.39B | +14.6% | ||
| 2013 | $2.96B | +1.3% | ||
| 2012 | $2.92B | -0.3% | ||
| 2011 | $2.93B | -3.5% | ||
| 2010 | $3.03B | -15.5% | ||
| 2009 | $3.59B | -0.3% | ||
| 2008 | $3.60B | -6.8% | ||
| 2007 | $3.86B | -22.3% | ||
| 2006 | $4.97B | -10.3% | ||
| 2005 | $5.54B | +4.0% | ||
| 2004 | $5.33B | +58.7% | ||
| 2003 | $3.36B | -2.2% | ||
| 2002 | $3.43B | +11.1% | ||
| 2001 | $3.09B | +15.2% | ||
| 2000 | $2.68B | -23.1% | ||
| 1999 | $3.49B | -8.8% | ||
| 1998 | $3.82B | +159.0% | ||
| 1997 | $1.48B | +73.6% | ||
| 1996 | $850.60M | -13.4% | ||
| 1995 | $981.70M | +20.8% | ||
| 1994 | $812.40M | +18.8% | ||
| 1993 | $683.60M | +10.5% | ||
| 1992 | $618.60M | +88.4% | ||
| 1991 | $328.30M | -15.1% | ||
| 1990 | $386.50M | +9.4% | ||
| 1989 | $353.40M | -13.6% | ||
| 1988 | $408.90M | +161.3% | ||
| 1987 | $156.50M | +33.2% | ||
| 1986 | $117.50M | +67.6% | ||
| 1985 | $70.10M | — |
Total Debt values are taken from Marsh & McLennan Companies's reported balance sheets (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) total debt is $21.45B – edged down 1.9% year-over-year.
Through 2020–2025 (5 years), Marsh & McLennan Companies total debt delivered a +9.6% annualised rate; with the latest reading among the more recent periods of the dataset.
The dataset's maximum total debt sits at $21.86B (2024); the minimum reading of $70.10M dates to 1985.
Marsh & McLennan Companies (MRSH) sits 8th of 8 Financial Services peers we track on this metric, against a peer median of $395.81B.
Marsh & McLennan Companies Total Debt by Year
Marsh & McLennan Companies Total Debt 2025: $21.45B
Marsh & McLennan Companies total debt in 2025 was $21.45B, edged down 1.9% below 2024.
Marsh & McLennan Companies Total Debt 2024: $21.86B
Marsh & McLennan Companies total debt in 2024 was $21.86B, surged 41.6% from 2023. This figure represents the highest annual value in the available history.
Marsh & McLennan Companies Total Debt 2023: $15.44B
Marsh & McLennan Companies total debt in 2023 was $15.44B, grew 14.6% from 2022.
Marsh & McLennan Companies Total Debt 2022: $13.47B
Marsh & McLennan Companies total debt in 2022 was $13.47B, edged up 2.4% from 2021.
Marsh & McLennan Companies Total Debt 2021: $13.16B
Marsh & McLennan Companies total debt in 2021 was $13.16B.
See more financial history for Marsh & McLennan Companies (MRSH).
Sector peers — Total Debt
Companies in the same sector as Marsh & McLennan Companies, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $942.38B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $609.53B | Financial Services |
| Morgan Stanley (MS) | $475.56B | Financial Services |
| Wells Fargo & Company (WFC) | $425.72B | Financial Services |
| Bank of America Corporation (BAC) | $365.90B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $138.95B | Financial Services |
| Visa Inc. (V) | $25.17B | Financial Services |
| Mastercard Incorporated (MA) | $19.00B | Financial Services |
Frequently asked questions
What is Marsh & McLennan Companies's total debt?
- Latest reported total debt for Marsh & McLennan Companies (MRSH) is $22.45B (period ending March 31, 2026).
How has Marsh & McLennan Companies total debt changed year-over-year?
- Marsh & McLennan Companies (MRSH) total debt changed -1.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Marsh & McLennan Companies total debt?
- Marsh & McLennan Companies (MRSH) total debt compound annual growth rate is +9.6% over the most recent 5 years available.
When did Marsh & McLennan Companies total debt hit its highest annual value?
- Marsh & McLennan Companies total debt reached its highest annual value of $21.86B in 2024.
What was Marsh & McLennan Companies total debt in 2024?
- Marsh & McLennan Companies (MRSH) total debt in 2024 was $21.86B.
What was Marsh & McLennan Companies total debt in 2025?
- Marsh & McLennan Companies (MRSH) total debt in 2025 was $21.45B.
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