How Marsh & McLennan Companies (MRSH) Makes Money: A Visual Guide
Marsh & McLennan Companies (MRSH) generated $26.98B in revenue (TTM through Q4 2025), earning $4.16B in net profit (15.4% margin). Its largest revenue source is Risk And Insurance Services Segment (41.7% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
Marsh & McLennan Companies (MRSH) Income Statement Flow
Frequently asked questions
How does Marsh & McLennan Companies (MRSH) make money?
- Marsh & McLennan Companies (MRSH) primarily makes money through Risk And Insurance Services Segment, which accounts for 41.7% of total revenue. For TTM through Q4 2025, Marsh & McLennan Companies generated $26.98B in total revenue with a net profit margin of 15.4%.
What is Marsh & McLennan Companies (MRSH) gross profit margin?
- Marsh & McLennan Companies (MRSH) reported a gross profit margin of 42.3% for TTM through Q4 2025, equivalent to $11.40B in gross profit. This means Marsh & McLennan Companies retains 42.3% of each revenue unit after direct costs of production.
What is Marsh & McLennan Companies (MRSH) operating profit margin?
- Marsh & McLennan Companies (MRSH) reported an operating profit margin of 23.1% for TTM through Q4 2025, equivalent to $6.22B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Marsh & McLennan Companies (MRSH) net profit margin?
- Marsh & McLennan Companies (MRSH) reported a net profit margin of 15.4% for TTM through Q4 2025, equivalent to $4.16B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Marsh & McLennan Companies (MRSH) spend on capital expenditures?
- Marsh & McLennan Companies (MRSH) spent $291.00M on capital expenditures in TTM through Q4 2025 (1.1% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Marsh & McLennan Companies (MRSH) free cash flow?
- Marsh & McLennan Companies (MRSH) generated $5.00B in free cash flow for TTM through Q4 2025 (18.5% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Marsh & McLennan Companies (MRSH) effective tax rate?
- Marsh & McLennan Companies (MRSH) had an effective tax rate of 23.6% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.
About this data
- What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
- How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
- When was this data last updated?
- Based on company filings through TTM through Q4 2025.