MRSH financials
Marsh & McLennan Companies, Inc. · end-of-day data as of Oct 16, 2026
Marsh & McLennan Companies, Inc.
$188.35+4.8%
Hold · 23 analystsPT $204.59 +8.6%
MRSH reported revenue of $6.86B for the quarter ended Sep 30, 2026 (Q3 FY2026), up 8.1% from a year earlier. It posted diluted EPS of $1.69, free cash flow of $1.4B and a net margin of 11.8%.
Valuation
- P/E22.5x
- P/E vs own+6.7%
- P/E vs sector+58.3%
- FCF yield+4.6%
- Market cap$89.88B
Quarterly results
Q3 FY2026: Revenue +8.1% year over year, free cash flow 20.4% of revenue, operating margin 17.7%.
RevenueFree cash flow
| Q3 FY2026 | Sep 30, 2026 | $6.86B | 1.69 | $1.4B | 40.6% | 17.7% | 11.8% |
| Q2 FY2026 | Jun 30, 2026 | $7.4B | 2.63 | $1.45B | 44.1% | 25.6% | 17.1% |
| Q1 FY2026 | Mar 31, 2026 | $7.6B | 2.36 | -$750M | 45.6% | 23.1% | 15.1% |
| Q4 FY2025 | Dec 31, 2025 | $6.59B | 1.68 | $2.06B | 40.3% | 18.5% | 12.4% |
| Q3 FY2025 | Sep 30, 2025 | $6.35B | 1.51 | $2.01B | 38.7% | 18.4% | 11.8% |
| Q2 FY2025 | Jun 30, 2025 | $6.97B | 2.45 | $1.61B | 44.1% | 26.2% | 17.4% |
| Q1 FY2025 | Mar 31, 2025 | $7.06B | 2.79 | -$677M | 45.5% | 28.4% | 19.6% |
| Q4 FY2024 | Dec 31, 2024 | $6.07B | 1.59 | $1.88B | 40.2% | 18.8% | 13.0% |
| Q3 FY2024 | Sep 30, 2024 | $5.7B | 1.51 | $1.84B | 39.6% | 19.4% | 13.1% |
| Q2 FY2024 | Jun 30, 2024 | $6.22B | 2.27 | $1.14B | 44.5% | 26.4% | 18.1% |
| Q1 FY2024 | Mar 31, 2024 | $6.47B | 2.82 | -$868M | 46.4% | 29.7% | 21.6% |
| Q4 FY2023 | Dec 31, 2023 | $5.55B | 1.52 | $1.66B | 41.2% | 19.9% | 13.6% |