MRSH Q4 2025 Earnings — Marsh & McLennan Companies, Inc. Revenue & Financial Results | Market Cap Arena

MRSHMarsh & McLennan Companies, Inc.

$86B

Q4 2025 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$6.6B+8.7% YoY

Gross Profit

$2.7B40.3% margin

Operating Income

$1.2B18.5% margin

Net Income

$821M12.4% margin

EPS (Diluted)

$1.68

QoQ Revenue Growth

+3.8%

Cash Flow

Operating Cash Flow

$2.2B

Free Cash Flow

$2.1B

Stock-Based Comp.

$67M

Balance Sheet

Total Assets

$58.7B

Total Liabilities

$43.4B

Stockholders' Equity

$15.1B

Cash & Equivalents

$2.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.6B	$6.1B	+8.7%
Gross Profit	$2.7B	$2.4B	+9.0%
Operating Income	$1.2B	$1.1B	+6.7%
Net Income	$821M	$788M	+4.2%