Marsh & McLennan Companies, Inc. (MMC) Tax Rate: 23.56%
Is Marsh & McLennan Companies, Inc.’s tax rate high or low?
Marsh & McLennan Companies, Inc.'s tax rate of 23.56% is in line with its 5-year average of 24.75%, near the low end of its 5-year range (23.56%–26.75%).
The tax rate for Marsh & McLennan Companies, Inc. (MMC) is 23.56%. It is below its 12-month average by 2.70% (24.21%).
MMC Tax Rate Chart
MMC Average Tax Rate Chart
MMC Current vs Average Tax Rate Chart
MMC Tax Rate Metrics
TAX RATE
23.56%
TAX RATE AVG TTM
24.21%
TAX RATE AVG 3Y
24.29%
TAX RATE AVG 5Y
24.75%
TAX RATE AVG 10Y
27.36%
TAX RATE AVG 15Y
27.82%
TAX RATE AVG 20Y
27.24%
CURRENT VS TTM AVG
-2.70%
CURRENT VS 3Y AVG
-3.01%
CURRENT VS 5Y AVG
-4.80%
CURRENT VS 10Y AVG
-13.89%
CURRENT VS 15Y AVG
-15.32%
CURRENT VS 20Y AVG
-13.52%
Marsh & McLennan Companies, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Marsh & McLennan Companies, Inc. Tax Rate FAQ
- What is the tax rate for Marsh & McLennan Companies, Inc. (MMC)?
- The tax rate for MMC stock is 23.56%.
- Is Marsh & McLennan Companies, Inc.'s tax rate high or low?
- Marsh & McLennan Companies, Inc.'s tax rate of 23.56% is in line with its 5-year average of 24.75%, near the low end of its 5-year range (23.56%–26.75%).
- What is the TTM average tax rate for Marsh & McLennan Companies, Inc. (MMC)?
- The TTM average tax rate for MMC stock is 24.21%.
- What is the 3Y average tax rate for Marsh & McLennan Companies, Inc. (MMC)?
- The 3Y average tax rate for MMC stock is 24.29%.
- What is the 5Y average tax rate for Marsh & McLennan Companies, Inc. (MMC)?
- The 5Y average tax rate for MMC stock is 24.75%.
- What is the 10Y average tax rate for Marsh & McLennan Companies, Inc. (MMC)?
- The 10Y average tax rate for MMC stock is 27.36%.
- What is the 15Y average tax rate for Marsh & McLennan Companies, Inc. (MMC)?
- The 15Y average tax rate for MMC stock is 27.82%.
- What is the 20Y average tax rate for Marsh & McLennan Companies, Inc. (MMC)?
- The 20Y average tax rate for MMC stock is 27.24%.
Marsh & McLennan Companies, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 23.56% |
| 2024-12-31 | 24.87% |
| 2023-12-31 | 24.35% |
| 2022-12-31 | 24.38% |
| 2021-12-31 | 24.57% |
| 2020-12-31 | 26.75% |
| 2019-12-31 | 27.31% |
| 2018-12-31 | 25.58% |
| 2017-12-31 | 42.87% |
| 2016-12-31 | 27.62% |
| 2015-12-31 | 29.09% |
| 2014-12-31 | 28.49% |
| 2013-12-31 | 30.11% |
| 2012-12-31 | 29.01% |
| 2011-12-31 | 30.06% |
| 2010-12-31 | 26.53% |
| 2009-12-31 | 3.80% |
| 2008-12-31 | 22.87% |
| 2007-12-31 | 34.83% |
| 2006-12-31 | 31.83% |
| 2005-12-31 | 33.63% |
| 2004-12-31 | 59.70% |
| 2003-12-31 | 32.98% |
| 2002-12-31 | 35.02% |
| 2001-12-31 | 37.67% |
| 2000-12-31 | 38.52% |
| 1999-12-31 | 41.92% |
| 1998-12-31 | 39.00% |
| 1997-12-31 | 39.30% |
| 1996-12-31 | 31.29% |
Related Metrics
About Marsh & McLennan Companies, Inc.
Marsh & McLennan Companies (MMC) operates as a leading global professional services organization, delivering expert guidance and innovative solutions to clients worldwide across the critical domains of risk, strategic planning, and human capital. Its operations are bifurcated into two primary divisions: Risk and Insurance Services, and Consulting. The Risk and Insurance Services arm provides an extensive range of risk management capabilities, encompassing strategic risk advice, risk transfer mechanisms, and solutions for risk control and mitigation. This segment is also proficient in insurance and reinsurance brokerage, offers sophisticated catastrophe and financial modeling, delivers associated advisory services, and manages insurance programs. Its diverse clientele includes businesses, governmental bodies, insurance companies, associations, specialized professional service organizations, and private individuals. Conversely, the Consulting division specializes in advisory services and products related to health, wealth, and career development. It also extends its expertise to specialized management, economic analysis, and brand strategy consulting. Founded in 1871, Marsh & McLennan Companies, Inc. maintains its corporate headquarters in New York, New York.
- Sector
- Financial Services
- Industry
- Insurance - Brokers
- CEO
- John Quinlan Doyle