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Marsh & McLennan Companies, Inc. (MRSH)
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Marsh & McLennan Companies, Inc. (MRSH) EBITDA Margin: 27.41%

Is Marsh & McLennan Companies, Inc.’s EBITDA margin high or low?

Marsh & McLennan Companies, Inc.'s EBITDA margin of 27.41% is in line with its 5-year average of 26.61%, near the high end of its 5-year range (23.51%–28.32%).

As of Wednesday, June 17, 2026. 1.63% below its 12-month average of 27.87%.

MRSH EBITDA Margin Chart

MRSH EBITDA Margin
27.41%-3.21% 1Y
Zoom

MRSH Average EBITDA Margin Chart

MRSH Current vs Average EBITDA Margin Chart

MRSH EBITDA Margin Metrics

EBITDA MARGIN

27.41%

EBITDA MARGIN AVG TTM

27.87%

EBITDA MARGIN AVG 3Y

27.23%

EBITDA MARGIN AVG 5Y

26.61%

EBITDA MARGIN AVG 10Y

24.69%

EBITDA MARGIN AVG 15Y

22.53%

EBITDA MARGIN AVG 20Y

19.78%

CURRENT VS TTM AVG

-1.63%

CURRENT VS 3Y AVG

+0.64%

CURRENT VS 5Y AVG

+2.99%

CURRENT VS 10Y AVG

+11.03%

CURRENT VS 15Y AVG

+21.68%

CURRENT VS 20Y AVG

+38.55%

MRSH Competitors' EBITDA Margin

NAMEMARKET CAPEBITDA MARGINTTM3Y5Y
Marsh & McLennan Companies, Inc. (MRSH)$79.12B27.41%27.87%27.23%26.61%
Moody's Corporation (MCO)vs ›$79.70B50.98%49.01%45.68%47.50%
Apollo Global Management, Inc. (APO)vs ›$80.08B34.61%34.25%14.25%32.47%
iShares Russell 2000 ETF (IWM)vs ›$81.67BN/AN/AN/AN/A
Intercontinental Exchange, Inc. (ICE)vs ›$76.11B52.56%52.11%47.43%52.41%
KKR & Co. Inc. (KKR)vs ›$87.25B36.99%39.67%42.47%70.19%
Aon plc (AON)vs ›$69.77B31.13%31.29%30.61%28.77%
Marsh & McLennan Companies, Inc. (MMC)vs ›$89.82B3.37%15.85%21.23%22.61%
U.S. Bancorp (USB)vs ›$89.89B24.01%22.37%23.21%27.31%
CME Group Inc. (CME)vs ›$91.51B87.73%84.97%83.39%80.99%

Margin Comparison

Gross Margin

42.4%

EBITDA Margin

27.4%

Operating Margin

21.7%

Net Margin

14.3%

Formula: EBITDA Margin = (EBITDA / Revenue) × 100

Why EBITDA Margin matters:

  • Removes effects of depreciation policies (D&A)
  • Capital structure neutral (ignores interest)
  • Tax neutral (ignores tax differences)
  • Good proxy for operating cash generation

Marsh & McLennan Companies, Inc. EBITDA Margin Formula & Definition

EBITDA Margin = EBITDA / Revenue

EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Marsh & McLennan Companies, Inc. EBITDA Margin FAQ

What is the EBITDA margin for Marsh & McLennan Companies, Inc. (MRSH)?
The EBITDA margin for MRSH stock is 27.41%.
Is Marsh & McLennan Companies, Inc.'s EBITDA margin high or low?
Marsh & McLennan Companies, Inc.'s EBITDA margin of 27.41% is in line with its 5-year average of 26.61%, near the high end of its 5-year range (23.51%–28.32%).
What is the TTM average EBITDA margin for Marsh & McLennan Companies, Inc. (MRSH)?
The TTM average EBITDA margin for MRSH stock is 27.87%.
What is the 3Y average EBITDA margin for Marsh & McLennan Companies, Inc. (MRSH)?
The 3Y average EBITDA margin for MRSH stock is 27.23%.
What is the 5Y average EBITDA margin for Marsh & McLennan Companies, Inc. (MRSH)?
The 5Y average EBITDA margin for MRSH stock is 26.61%.
What is the 10Y average EBITDA margin for Marsh & McLennan Companies, Inc. (MRSH)?
The 10Y average EBITDA margin for MRSH stock is 24.69%.
What is the 15Y average EBITDA margin for Marsh & McLennan Companies, Inc. (MRSH)?
The 15Y average EBITDA margin for MRSH stock is 22.53%.
What is the 20Y average EBITDA margin for Marsh & McLennan Companies, Inc. (MRSH)?
The 20Y average EBITDA margin for MRSH stock is 19.78%.

Marsh & McLennan Companies, Inc. EBITDA Margin History

DATEEBITDA MARGIN
2025-12-3127.41%
2024-12-3128.32%
2023-12-3127.78%
2022-12-3125.43%
2021-12-3127.24%
2020-12-3123.51%
2019-12-3121.68%
2018-12-3120.25%
2017-12-3123.97%
2016-12-3123.52%
2015-12-3122.44%
2014-12-3120.15%
2013-12-3120.37%
2012-12-3118.67%
2011-12-3116.79%
2010-12-3112.88%
2009-12-3111.78%
2008-12-3110.42%
2007-12-3111.52%
2006-12-3112.05%
2005-12-319.27%
2004-12-318.98%
2003-12-3124.91%
2002-12-3125.22%
2001-12-3123.13%
2000-12-3125.87%
1999-12-3120.73%
1998-12-3123.53%
1997-12-3116.59%
1996-12-3119.41%

About Marsh & McLennan Companies, Inc.

Marsh & McLennan Companies, Inc. (MRSH) functions as a leading professional services organization, delivering expert guidance and innovative solutions to clients across the vital domains of risk management, strategic planning, and human capital. Based in New York City, the firm maintains a substantial global workforce, employing approximately 65,000 full-time professionals. This entity serves as the parent company for several prominent advisory and consulting brands. These include Marsh, renowned for its insurance brokerage services; Guy Carpenter, a specialist in risk and reinsurance; Mercer, which provides comprehensive human resources and investment-related financial advice; and Oliver Wyman Group, an influential management and economic consultancy. Marsh & McLennan structures its operations into two core business segments. The "Risk and Insurance Services" division encompasses activities such as risk management, along with comprehensive insurance and reinsurance brokerage and services. The "Consulting" division offers a broad spectrum of services, including health, retirement, talent, and investment consulting, as well as specialized advice in management, economics, and brand strategy. The Risk and Insurance Services segment's operations are primarily conducted through Marsh and Guy Carpenter, while Mercer and Oliver Wyman Group are the key contributors to the Consulting segment's offerings.

New York City, NY
90,000 employees
Financial Services / Insurance - Brokers
Sector
Financial Services
Industry
Insurance - Brokers
CEO
John Quinlan Doyle