Marsh (MRSH) Financials
Key financial figures for Marsh (Q3 2026).
Marsh Q3 2026 revenue rose 8% to $6.863B (5% underlying) and adjusted EPS rose 10% to $2.03, while GAAP EPS of $1.69 absorbed a $144M Greensill settlement charge. Consolidated revenue was $6.863B, up 8% reported and 5% on an underlying basis (company-printed), the same underlying rate as Q2. GAAP operating income rose 4% to $1.215B; adjusted operating income rose 6% to $1.527B with the adjusted operating margin flat at 22.7%. GAAP EPS was $1.69 versus $1.51 a year earlier; adjusted EPS was $2.03 versus $1.85, up 10%. Nine-month adjusted EPS was $8.29, up 9%. Risk and Insurance Services revenue was $4.200B, up 7% reported and 3% underlying. Figures are for Q3 2026, as Marsh and McLennan Companies, Inc. reported them.
- Revenue
- $6.9B
- Net Income
- $808M
- EPS
- $1.70
- Total Assets
- $59.8B
- Operating Cash Flow
- $1.5B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $6.9B | $808M | $1.69 | 17.7% | $1.4B |
| Q2 FY2026 | $7.4B | $1.3B | $2.63 | 25.65% | $1.5B |
| Q1 FY2026 | $7.6B | $1.1B | $2.36 | 23.09% | -$750M |
| Q4 FY2025 | $6.6B | $821M | $1.68 | 18.48% | $2.1B |
| Q3 FY2025 | $6.4B | $747M | $1.51 | 18.42% | $2.0B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $27.0B | $4.2B | $8.43 | 23.06% | $5.0B |
| FY2024 | $24.5B | $4.1B | $8.18 | 23.78% | $4.0B |
| FY2023 | $22.7B | $3.8B | $7.53 | 23.23% | $3.8B |
Frequently asked questions
What was Marsh and McLennan Companies, Inc.'s revenue last quarter?
Marsh and McLennan Companies, Inc. reported revenue of $6.86 billion for Q3 FY2026, up 8.1% from the same period a year earlier.
Is Marsh and McLennan Companies, Inc. profitable?
Yes. Marsh and McLennan Companies, Inc. reported net income of $808.0 million for Q3 FY2026, a net margin of 11.77% on revenue.
How has Marsh and McLennan Companies, Inc.'s margin trended?
Operating margin was 17.7% in Q3 FY2026, compared with 18.42% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Marsh and McLennan Companies, Inc. generate?
Marsh and McLennan Companies, Inc. generated free cash flow of $1.40 billion in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Marsh on SentiSense, with up to forty quarters and twenty fiscal years of history.