Marsh & McLennan Companies profit margin MRSH
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 14.2%
- Operating margin, 12 months
- 21.4%
- Net margin on a year earlier
- −1.4 pts
- Peer median
- 14.7%
Over the twelve months to Sep 30, 2026, Marsh & McLennan Companies kept 14.2% of its revenue as net profit, with an operating margin of 21.4%.
Five years earlier its net margin was 14.2%.
The median for 6 insurance brokers of a similar size is 14.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 15.4% | 23.1% |
| FY2024 | 16.6% | 23.8% |
| FY2023 | 16.5% | 23.2% |
| FY2022 | 14.7% | 20.7% |
| FY2021 | 15.9% | 21.8% |
| FY2020 | 11.7% | 17.8% |
| FY2019 | 10.5% | 16.1% |
| FY2018 | 11.0% | 18.5% |
| FY2017 | 10.6% | 18.9% |
| FY2016 | 13.4% | 20.2% |
| FY2015 | 12.4% | 18.8% |
| FY2014 | 11.3% | 17.8% |
| FY2013 | 11.1% | 16.9% |
| FY2012 | 9.9% | 15.3% |
| FY2011 | 8.6% | 14.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 14.2% | −1.4 pts | 21.4% | |
| Q2 FY26 | 14.2% | −1.8 pts | 21.6% | |
| Q1 FY26 | 14.3% | −1.9 pts | 21.7% | |
| Q4 FY25 | 15.4% | −1.2 pts | 23.1% | |
| Q3 FY25 | 15.6% | −1.2 pts | 23.2% | |
| Q2 FY25 | 16.0% | −1.0 pts | 23.6% | |
| Q1 FY25 | 16.1% | −0.7 pts | 23.5% | |
| Q4 FY24 | 16.6% | +0.1 pts | 23.8% | |
| Q3 FY24 | 16.8% | +1.2 pts | 24.1% | |
| Q2 FY24 | 17.0% | +1.8 pts | 24.0% | |
| Q1 FY24 | 16.8% | +1.6 pts | 23.5% | |
| Q4 FY23 | 16.5% | +1.8 pts | 23.2% |
Against its peers
Companies in Insurance - Brokers nearest Marsh & McLennan Companies' size, closest first, today.
| Company | Profit margin |
|---|---|
| MRSHMarsh & McLennan Companies | 14.2% |
| AJGArthur J. Gallagher | 10.0% |
| AONAon | 22.3% |
| WTWWillis Towers Watson Public | 15.5% |
| BROBrown & Brown | 17.7% |
| ERIEErie Indemnity | 14.0% |
| RYANRyan Specialty | 3.1% |
| Peer median | 14.7% |
Where Marsh & McLennan Companies ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Marsh & McLennan Companies
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.