Marsh McLennan
Marsh & McLennan Companies, Inc. (NYSE: MRSH), now branded Marsh, provides risk, insurance, reinsurance, people and investment services, and management consulting to clients in 130 countries. Its Risk and Insurance Services segment accounted for approximately 64% of 2025 revenue and includes Marsh Risk, which advises… From the company’s description.
In fiscal 2025, Marsh McLennan reported revenue of $26.98B, up 10.3% from fiscal 2024, and net income of $4.23B. Its operating margin was 23.1%, and operations generated $5.29B in cash. Over the twelve months to Sep 30, 2026, revenue was $28.46B.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Marsh McLennan does
In the company’s own words
Marsh & McLennan Companies, Inc. (NYSE: MRSH), now branded Marsh, provides risk, insurance, reinsurance, people and investment services, and management consulting to clients in 130 countries. Its Risk and Insurance Services segment accounted for approximately 64% of 2025 revenue and includes Marsh Risk, which advises businesses, governments, professional organizations and individuals on risk management and insurance, and Guy Carpenter, which brokers reinsurance and provides actuarial, advisory and analytics services. Its Consulting segment generated approximately 36% of 2025 revenue and comprises Mercer, which advises employers and other organizations on health, wealth and career matters, and Marsh Management Consulting, whose businesses include Oliver Wyman, Lippincott and NERA Economic Consulting. Marsh Risk also serves individuals and middle-market organizations through Marsh McLennan Agency and offers specialty insurance programs through Victor. The company reported approximately $27 billion in revenue and employed more than 95,000 colleagues in 2025. Mercer managed approximately $692 billion in assets worldwide as of December 31, 2025. Its website is www.corporate.marsh.com.
Company details
- Sector
- Financials
- Industry (SIC)
- Insurance
- Headquarters
- NEW YORK, NY
- Fiscal year end
- December
- CIK
- 62709
- SIC
- 6411
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Marsh McLennan — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Marsh McLennan · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · Marsh McLennan’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Marsh McLennan’s bonds, as funds hold them
Funds report holding 27 issues of Marsh McLennan’s debt, $3.06B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.83%, maturing 2026 to 2055.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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