Latest revenue
$7.60B
as of 2026-03-31
Latest net income
$1.15B
as of 2026-03-31
Net margin
15.1%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $79.07B
- Enterprise value
- $79.07B
- P/E (trailing)
- 19.0×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 2.2%
- 52-wk high
- $235.78
- 52-wk low
- $158.16
- Beta
- —
- Shares out
- 481.8M
5-year trend
What this company does
Item 1. Business. References in this report to "we", "us" and "our" are to Marsh & McLennan Companies, Inc. and its consolidated subsidiaries (the "Company" or "Marsh"), unless the context otherwise requires. Effective January 14, 2026, we updated our brand name from Marsh McLennan to Marsh and the brand names of our Marsh and Oliver Wyman Group businesses to Marsh Risk and Marsh Management Consulting, respectively. References to the Company and its businesses in this report reflect these changes. Mercer and Guy Carpenter will continue to report under their current brands through a transition period. GENERAL Marsh is a global leader in risk, reinsurance and capital, people and investments,…
AI summary unavailable — showing raw filing excerpt
Generated from MRSH's filing dated 2026-02-09
Key risks
Item 1A. Risk Factors. You should consider the risks described below in conjunction with the other information presented in this report. These risks have the potential to materially adversely affect the Company's business, results of operations or financial condition. SUMMARY RISK FACTORS Some of the factors that could materially and adversely affect our business, financial condition, results of operations or prospects, include the following: •Our results of operations and investments could be adversely affected by geopolitical or macroeconomic conditions; •We are subject to significant uninsured exposures arising from errors and omissions, breach of fiduciary duty and other claims; •We…
AI summary unavailable — showing raw filing excerpt
Generated from MRSH's filing dated 2026-02-09
Profitability
Operating margin
23.1%
3.0%Net margin
15.4%
7.1%Return on assets
7.1%
1.4%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $7.60B | +7.6% | $1.15B | -17.0% | 15.1% |
Q4 2025 2025-12-31 | $6.59B | +8.7% | $821.0M | +4.2% | 12.4% |
Q3 2025 2025-09-30 | $6.35B | +11.5% | $747.0M | 0.0% | 11.8% |
Q2 2025 2025-06-30 | $6.97B | +12.1% | $1.21B | +7.6% | 17.4% |
Q1 2025 2025-03-31 | $7.06B | +9.1% | $1.38B | -1.4% | 19.6% |
Q4 2024 2024-12-31 | $6.07B | — | $788.0M | — | 13.0% |
Q3 2024 2024-09-30 | $5.70B | +5.9% | $747.0M | +2.3% | 13.1% |
Q2 2024 2024-06-30 | $6.22B | +5.9% | $1.13B | +8.7% | 18.1% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Insurance Agents, Brokers & Service · SIC 6411
Your notes
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Insider activity
Insider buying
$201.6K
Insider selling
$17.2M
Net activity
−$17.0M
Distinct insiders
4
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns MRSH
Institutional value
$23.00B
Total shares held
136.1M
Distinct holders
740
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 31.5M | $5.46B | — | New |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 12.4M | $2.16B | — | New |
| 3 | UBS Group AG | 4.7M | $818.9M | — | New |
| 4 | Nuveen, LLC | 4.2M | $722.9M | — | New |
| 5 | Ninety One UK Ltd | 4.0M | $698.9M | — | New |
| 6 | Invesco Ltd. | 3.9M | $673.8M | — | New |
| 7 | DEUTSCHE BANK AG\ | 3.7M | $642.5M | — | New |
| 8 | Mawer Investment Management Ltd. | 3.5M | $602.8M | — | New |
| 9 | Bank of New York Mellon Corp | 3.3M | $564.4M | — | New |
| 10 | Legal & General Group Plc | 3.1M | $531.8M | — | New |
| 11 | VANGUARD FIDUCIARY TRUST CO | 2.7M | $474.2M | — | New |
| 12 | WELLS FARGO & COMPANY/MN | 2.6M | $447.3M | — | New |
| 13 | BNP PARIBAS FINANCIAL MARKETS | 2.6M | $445.2M | — | New |
| 14 | STIFEL FINANCIAL CORP | 2.3M | $400.2M | — | New |
| 15 | PARNASSUS INVESTMENTS, LLC | 2.2M | $383.4M | — | New |
| 16 | DIMENSIONAL FUND ADVISORS LP | 2.0M | $352.8M | — | New |
| 17 | Meridiem Investment Management Ltd. | 1.7M | $291.5M | — | New |
| 18 | Swiss National Bank | 1.4M | $249.4M | — | New |
| 19 | Rathbones Group PLC | 1.4M | $235.4M | — | New |
| 20 | JENSEN INVESTMENT MANAGEMENT INC | 1.2M | $199.7M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once MRSH's latest filing finishes processing.