Marsh & Mclennan Companies EBITDA Margin Growth & History (MRSH)
Marsh & Mclennan Companies's ebitda margin was 24.40% for fiscal 2025.
View full Marsh & Mclennan Companies company overviewMarsh & Mclennan Companies annual ebitda margin history
| Fiscal year | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 24.40% | −0.89 pp |
| 2024 | 2024-12-31 | 25.29% | +0.43 pp |
| 2023 | 2023-12-31 | 24.86% | +2.36 pp |
| 2022 | 2022-12-31 | 22.50% | −3.03 pp |
| 2021 | 2021-12-31 | 25.52% | +3.42 pp |
| 2020 | 2020-12-31 | 22.10% | +2.14 pp |
| 2019 | 2019-12-31 | 19.96% | −1.81 pp |
| 2018 | 2018-12-31 | 21.77% | −0.59 pp |
| 2017 | 2017-12-31 | 22.36% | +0.64 pp |
| 2016 | 2016-12-31 | 21.72% | −0.33 pp |
| 2015 | 2015-12-31 | 22.04% | +1.28 pp |
| 2014 | 2014-12-31 | 20.76% | +0.90 pp |
| 2013 | 2013-12-31 | 19.86% | +1.59 pp |
| 2012 | 2012-12-31 | 18.27% | +1.17 pp |
| 2011 | 2011-12-31 | 17.09% | +4.81 pp |
| 2010 | 2010-12-31 | 12.28% | +0.66 pp |
| 2009 | 2009-12-31 | 11.63% | +1.53 pp |
| 2008 | 2008-12-31 | 10.09% | −1.55 pp |
| 2007 | 2007-12-31 | 11.64% | — |
Marsh & Mclennan Companies quarterly ebitda margin
| Fiscal quarter | Period ended | EBITDA margin | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-09-30 | 19.00% | −0.85 pp |
| Q2 2026 | 2026-06-30 | 26.86% | −0.67 pp |
| Q1 2026 | 2026-03-31 | 24.26% | −5.38 pp |
| Q4 2025 | 2025-12-31 | 19.86% | −0.49 pp |
| Q3 2025 | 2025-09-30 | 19.86% | −1.17 pp |
| Q2 2025 | 2025-06-30 | 27.53% | −0.26 pp |
| Q1 2025 | 2025-03-31 | 29.64% | −1.63 pp |
| Q4 2024 | 2024-12-31 | 20.36% | +3.32 pp |
| Q3 2024 | 2024-09-30 | 21.03% | −0.82 pp |
| Q2 2024 | 2024-06-30 | 27.79% | −0.03 pp |
| Q1 2024 | 2024-03-31 | 31.27% | −0.72 pp |
| Q4 2023 | 2023-12-31 | 17.03% | +6.20 pp |
| Q3 2023 | 2023-09-30 | 21.85% | +1.72 pp |
| Q2 2023 | 2023-06-30 | 27.83% | −0.66 pp |
| Q1 2023 | 2023-03-31 | 31.99% | +2.70 pp |
| Q4 2022 | 2022-12-31 | 10.83% | −11.83 pp |
| Q3 2022 | 2022-09-30 | 20.13% | +0.07 pp |
| Q2 2022 | 2022-06-30 | 28.48% | +0.16 pp |
| Q1 2022 | 2022-03-31 | 29.28% | −1.31 pp |
| Q4 2021 | 2021-12-31 | 22.66% | +7.28 pp |
| Q3 2021 | 2021-09-30 | 20.05% | +1.78 pp |
| Q2 2021 | 2021-06-30 | 28.32% | +0.87 pp |
| Q1 2021 | 2021-03-31 | 30.59% | +3.65 pp |
| Q4 2020 | 2020-12-31 | 15.38% | −2.42 pp |
| Q3 2020 | 2020-09-30 | 18.27% | +2.22 pp |
| Q2 2020 | 2020-06-30 | 27.45% | +7.56 pp |
| Q1 2020 | 2020-03-31 | 26.94% | +0.83 pp |
| Q4 2019 | 2019-12-31 | 17.80% | −2.24 pp |
| Q3 2019 | 2019-09-30 | 16.05% | −2.92 pp |
| Q2 2019 | 2019-06-30 | 19.89% | −1.88 pp |
| Q1 2019 | 2019-03-31 | 26.11% | +0.29 pp |
| Q4 2018 | 2018-12-31 | 20.04% | −1.53 pp |
| Q3 2018 | 2018-09-30 | 18.98% | −0.63 pp |
| Q2 2018 | 2018-06-30 | 21.77% | −1.60 pp |
| Q1 2018 | 2018-03-31 | 25.83% | +1.02 pp |
| Q4 2017 | 2017-12-31 | 21.57% | +6.47 pp |
| Q3 2017 | 2017-09-30 | 19.60% | −2.12 pp |
| Q2 2017 | 2017-06-30 | 23.38% | −1.39 pp |
| Q1 2017 | 2017-03-31 | 24.81% | −0.49 pp |
| Q4 2016 | 2016-12-31 | 15.10% | −6.02 pp |
| Q3 2016 | 2016-09-30 | 21.72% | +3.46 pp |
| Q2 2016 | 2016-06-30 | 24.76% | +2.07 pp |
| Q1 2016 | 2016-03-31 | 25.30% | −0.70 pp |
| Q4 2015 | 2015-12-31 | 21.12% | +1.56 pp |
| Q3 2015 | 2015-09-30 | 18.27% | +0.98 pp |
| Q2 2015 | 2015-06-30 | 22.70% | +0.24 pp |
| Q1 2015 | 2015-03-31 | 26.00% | +2.41 pp |
| Q4 2014 | 2014-12-31 | 19.56% | +0.91 pp |
| Q3 2014 | 2014-09-30 | 17.29% | +0.47 pp |
| Q2 2014 | 2014-06-30 | 22.45% | +0.85 pp |
| Q1 2014 | 2014-03-31 | 23.59% | +1.39 pp |
| Q4 2013 | 2013-12-31 | 18.65% | +1.96 pp |
| Q3 2013 | 2013-09-30 | 16.81% | +0.47 pp |
| Q2 2013 | 2013-06-30 | 21.60% | +1.71 pp |
| Q1 2013 | 2013-03-31 | 22.20% | +2.21 pp |
| Q4 2012 | 2012-12-31 | 16.69% | +0.42 pp |
| Q3 2012 | 2012-09-30 | 16.34% | +2.27 pp |
| Q2 2012 | 2012-06-30 | 19.89% | +1.21 pp |
| Q1 2012 | 2012-03-31 | 19.99% | +0.75 pp |
| Q4 2011 | 2011-12-31 | 16.27% | +1.62 pp |
| Q3 2011 | 2011-09-30 | 14.08% | +1.28 pp |
| Q2 2011 | 2011-06-30 | 18.68% | +17.03 pp |
| Q1 2011 | 2011-03-31 | 19.24% | −0.57 pp |
| Q4 2010 | 2010-12-31 | 14.65% | +12.44 pp |
| Q3 2010 | 2010-09-30 | 12.80% | +0.52 pp |
| Q2 2010 | 2010-06-30 | 1.65% | −14.02 pp |
| Q1 2010 | 2010-03-31 | 19.81% | +3.94 pp |
| Q4 2009 | 2009-12-31 | 2.21% | — |
| Q3 2009 | 2009-09-30 | 12.28% | +6.53 pp |
| Q2 2009 | 2009-06-30 | 15.67% | — |
| Q1 2009 | 2009-03-31 | 15.87% | — |
| Q3 2008 | 2008-09-30 | 5.75% | — |
Marsh & Mclennan Companies ebitda margin trends
Over the last five fiscal years, Marsh & Mclennan Companies's ebitda margin increased from 22.10% to 24.40%, a change of +2.30 percentage points. The latest reported quarter, Q3 2026, shows 19.00%.
What EBITDA margin means
EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.
How EBITDA margin is calculated
TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Marsh & Mclennan Companies source filings ↗Community posts
Marsh prices €1.2 billion of bonds across six- and ten-year maturities
Marsh ($MRSH) priced a €1.2 billion senior-note offering in two equal tranches. One €600 million issue carries a 4.250% coupon and matures in 2032; the other pays 4.625% and matures in 2036. The company expects the offering to close on Octo ...