Marsh & McLennan Companies, Inc. (MRSH)

MRSH Balance Sheet

Assets, liabilities, and equity analysis

MRSH Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Total Current Assets	23.236B	23.236B	23.200B	23.699B	23.334B	22.461B	22.117B	22.286B	22.022B
Cash & Cash Equivalents	1.611B	1.611B	2.687B	2.511B	1.677B	1.604B	2.398B	1.798B	1.653B
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	1.611B	1.611B	2.687B	2.511B	1.677B	1.604B	2.398B	1.798B	1.653B
Accounts Receivable	8.427B	8.427B	7.670B	7.906B	8.457B	7.872B	7.156B	7.422B	7.739B
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	58.552B	58.552B	58.710B	58.783B	58.555B	57.015B	56.481B	49.864B	48.591B
Property, Plant & Equipment	2.274B	2.274B	2.289B	2.256B	2.310B	2.317B	2.357B	2.371B	2.347B
Goodwill	24.273B	24.273B	24.337B	23.949B	23.919B	23.538B	23.306B	18.235B	17.516B
Intangible Assets	4.607B	4.607B	4.746B	4.671B	4.770B	4.736B	4.820B	2.720B	2.638B
Long-Term Investments	534.000M	534.000M	0.00	0.00	493.000M	471.000M	541.000M	472.000M	466.000M
Total Current Liabilities	2.028B	2.028B	21.060B	21.098B	19.400B	19.775B	19.518B	19.604B	18.864B
Accounts Payable	4.180B	4.180B	3.652B	3.355B	3.434B	3.450B	3.402B	3.099B	3.205B
Short-Term Debt	1.702B	1.702B	1.267B	1.263B	769.000M	1.667B	519.000M	518.000M	1.267B
Total Liabilities	43.746B	43.746B	43.395B	43.424B	42.579B	42.747B	42.946B	35.982B	35.026B
Long-Term Debt	18.900B	18.900B	18.320B	18.317B	18.960B	18.862B	19.428B	12.330B	12.278B
Total Debt	22.451B	22.451B	21.449B	21.426B	21.610B	22.419B	21.862B	14.779B	15.435B
Net Debt (Cash)	20.840B	20.840B	18.762B	18.915B	19.933B	20.815B	19.464B	12.981B	13.782B
Total Shareholders' Equity	14.569B	14.569B	15.100B	15.153B	15.767B	14.065B	13.342B	13.688B	13.367B
Common Stock	561.000M	561.000M	561.000M	561.000M	561.000M	561.000M	561.000M	561.000M	561.000M
Retained Earnings	28.037B	28.037B	27.767B	26.948B	27.088B	25.881B	25.306B	24.520B	24.578B
Current Ratio	11.46	11.46	1.10	1.12	1.20	1.14	1.13	1.14	1.17
Debt to Equity Ratio	1.54	1.54	1.42	1.41	1.37	1.59	1.64	1.08	1.15

MRSH Annual Balance Sheet (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	23.200B	22.117B	21.748B	18.959B	8.264B	8.116B	7.068B	5.934B
Cash & Cash Equivalents	2.687B	2.398B	3.358B	1.442B	1.752B	2.089B	1.155B	1.066B
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	2.687B	2.398B	3.358B	1.442B	1.752B	2.089B	1.155B	1.066B
Accounts Receivable	7.670B	7.156B	6.418B	5.852B	5.586B	5.326B	5.236B	4.317B
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Assets	58.710B	56.481B	48.030B	44.114B	34.388B	33.030B	31.317B	21.578B
Property, Plant & Equipment	2.289B	2.357B	2.423B	2.433B	2.715B	2.750B	2.779B	701.000M
Goodwill	24.337B	23.306B	17.231B	16.251B	16.317B	15.517B	14.671B	9.599B
Intangible Assets	4.746B	4.820B	2.630B	3.029B	2.810B	2.699B	2.774B	1.437B
Long-Term Investments	0.00	541.000M	449.000M	396.000M	2.270B	1.768B	1.632B	661.000M
Total Current Liabilities	21.060B	19.518B	19.795B	17.832B	6.654B	6.556B	6.679B	4.924B
Accounts Payable	3.652B	3.402B	3.403B	3.278B	3.165B	3.050B	2.746B	2.234B
Short-Term Debt	1.267B	519.000M	1.619B	268.000M	17.000M	517.000M	1.215B	314.000M
Total Liabilities	43.395B	42.946B	35.660B	33.365B	23.166B	23.789B	23.414B	13.994B
Long-Term Debt	18.320B	19.428B	11.844B	11.227B	10.933B	10.796B	10.741B	5.510B
Total Debt	21.449B	21.862B	15.436B	13.472B	13.162B	13.579B	14.224B	5.824B
Net Debt (Cash)	18.762B	19.464B	12.078B	12.030B	11.410B	11.490B	13.069B	4.758B
Total Shareholders' Equity	15.100B	13.342B	12.191B	10.520B	11.009B	9.104B	7.793B	7.511B
Common Stock	561.000M	561.000M	561.000M	561.000M	561.000M	561.000M	561.000M	561.000M
Retained Earnings	27.767B	25.306B	22.759B	20.301B	18.389B	16.272B	15.199B	14.347B
Current Ratio	1.10	1.13	1.10	1.06	1.24	1.24	1.06	1.21
Debt to Equity Ratio	1.42	1.64	1.27	1.28	1.20	1.49	1.83	0.78

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

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

www.corporate.marsh.com/global/home.html

Financial Services / Insurance - Brokers

Sector: Financial Services
Industry: Insurance - Brokers
CEO: John Quinlan Doyle

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