80/100B207.710
USD
1.99
(0.97%)
Post Trading·207.780USD+0.070(+0.03%)
Last updated: · Delayed 15 min
Fair value211.86Plus-2%164Price 207.71273
Q4 FY2026 · Earnings report
EPS estimate 2.20Revenue estimate 6.90B
Q4 FY2026 · Earnings report
EPS estimate 2.20Revenue estimate 6.90B
Marsh & McLennan Companies debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Marsh & McLennan Companies's debt to equity ratio is 1.52: total debt of 22.33B USD against shareholders' equity of 14.68B USD.
- Today
- 1.52
- Average, 5 years
- 1.36
- Low, 5 years
- 1.08
- High, 5 years
- 1.64
Debt to equity = total debt ÷ shareholders' equity = 22.33B ÷ 14.68B = 1.52
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 1.52 | 22.33B | 14.68B | |
| FY2025 | 31 Dec 2025 | 1.42 | 21.45B | 15.10B |
| FY2024 | 31 Dec 2024 | 1.64 | 21.86B | 13.34B |
| FY2023 | 31 Dec 2023 | 1.27 | 15.44B | 12.19B |
| FY2022 | 31 Dec 2022 | 1.28 | 13.47B | 10.52B |
| FY2021 | 31 Dec 2021 | 1.20 | 13.16B | 11.01B |
| FY2020 | 31 Dec 2020 | 1.49 | 13.58B | 9.10B |
| FY2019 | 31 Dec 2019 | 1.83 | 14.22B | 7.79B |
| FY2018 | 31 Dec 2018 | 0.78 | 5.82B | 7.51B |
| FY2017 | 31 Dec 2017 | 0.75 | 5.49B | 7.36B |
| FY2016 | 31 Dec 2016 | 0.78 | 4.81B | 6.19B |
| FY2015 | 31 Dec 2015 | 0.68 | 4.41B | 6.51B |
| FY2014 | 31 Dec 2014 | 0.48 | 3.39B | 7.05B |
| FY2013 | 31 Dec 2013 | 0.37 | 2.96B | 7.91B |
| FY2012 | 31 Dec 2012 | 0.45 | 2.92B | 6.54B |
| FY2011 | 31 Dec 2011 | 0.50 | 2.93B | 5.88B |
| FY2010 | 31 Dec 2010 | 0.48 | 3.03B | 6.37B |
| FY2009 | 31 Dec 2009 | 0.62 | 3.59B | 5.83B |
| FY2008 | 31 Dec 2008 | 0.63 | 3.60B | 5.72B |
| FY2007 | 31 Dec 2007 | 0.49 | 3.86B | 7.82B |
| FY2006 | 31 Dec 2006 | 0.85 | 4.97B | 5.82B |
| FY2005 | 31 Dec 2005 | 1.03 | 5.54B | 5.36B |
| FY2004 | 31 Dec 2004 | 1.05 | 5.33B | 5.06B |
| FY2003 | 31 Dec 2003 | 0.62 | 3.36B | 5.45B |
| FY2002 | 31 Dec 2002 | 0.68 | 3.43B | 5.02B |
| FY2001 | 31 Dec 2001 | 0.60 | 3.09B | 5.17B |
| FY2000 | 31 Dec 2000 | 0.51 | 2.68B | 5.23B |
| FY1999 | 31 Dec 1999 | 0.84 | 3.49B | 4.17B |
| FY1998 | 31 Dec 1998 | 1.05 | 3.82B | 3.66B |
| FY1997 | 31 Dec 1997 | 0.46 | 1.48B | 3.23B |
| FY1996 | 31 Dec 1996 | 0.45 | 850.60M | 1.89B |
| FY1995 | 31 Dec 1995 | 0.59 | 981.70M | 1.67B |
| FY1994 | 31 Dec 1994 | 0.56 | 812.40M | 1.46B |
| FY1993 | 31 Dec 1993 | 0.50 | 683.60M | 1.37B |
| FY1992 | 31 Dec 1992 | 0.56 | 618.60M | 1.10B |
| FY1991 | 31 Dec 1991 | 0.32 | 328.30M | 1.04B |
| FY1990 | 31 Dec 1990 | 0.36 | 386.50M | 1.09B |
| FY1989 | 31 Dec 1989 | 0.40 | 353.40M | 873.00M |
| FY1988 | 31 Dec 1988 | 0.54 | 408.90M | 755.10M |
| FY1987 | 31 Dec 1987 | 0.20 | 156.50M | 791.70M |
| FY1986 | 31 Dec 1986 | 0.18 | 117.50M | 638.70M |
| FY1985 | 31 Dec 1985 | 0.14 | 70.10M | 515.20M |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 1.52 | 22.33B | 14.68B |
| Q2 FY2026 | 30 Jun 2026 | 1.47 | 22.38B | 15.18B |
| Q1 FY2026 | 31 Mar 2026 | 1.54 | 22.45B | 14.57B |
| Q4 FY2025 | 31 Dec 2025 | 1.42 | 21.45B | 15.10B |
| Q3 FY2025 | 30 Sept 2025 | 1.41 | 21.43B | 15.15B |
| Q2 FY2025 | 30 Jun 2025 | 1.37 | 21.61B | 15.77B |
| Q1 FY2025 | 31 Mar 2025 | 1.59 | 22.42B | 14.07B |
| Q4 FY2024 | 31 Dec 2024 | 1.64 | 21.86B | 13.34B |
| Q3 FY2024 | 30 Sept 2024 | 1.08 | 14.78B | 13.69B |
| Q2 FY2024 | 30 Jun 2024 | 1.15 | 15.44B | 13.37B |
| Q1 FY2024 | 31 Mar 2024 | 1.24 | 15.38B | 12.42B |
| Q4 FY2023 | 31 Dec 2023 | 1.27 | 15.44B | 12.19B |
| Q3 FY2023 | 30 Sept 2023 | 1.37 | 15.60B | 11.41B |
| Q2 FY2023 | 30 Jun 2023 | 1.22 | 14.63B | 11.96B |
| Q1 FY2023 | 31 Mar 2023 | 1.37 | 14.98B | 10.95B |
| Q4 FY2022 | 31 Dec 2022 | 1.28 | 13.47B | 10.52B |
| Q3 FY2022 | 30 Sept 2022 | 1.39 | 13.28B | 9.57B |
| Q2 FY2022 | 30 Jun 2022 | 1.30 | 13.86B | 10.69B |
| Q1 FY2022 | 31 Mar 2022 | 1.27 | 13.91B | 10.94B |
| Q4 FY2021 | 31 Dec 2021 | 1.20 | 13.16B | 11.01B |
| Q3 FY2021 | 30 Sept 2021 | 1.33 | 12.98B | 9.73B |
| Q2 FY2021 | 30 Jun 2021 | 1.30 | 13.11B | 10.11B |
| Q1 FY2021 | 31 Mar 2021 | 1.43 | 13.45B | 9.43B |
| Q4 FY2020 | 31 Dec 2020 | 1.49 | 13.58B | 9.10B |
| Q3 FY2020 | 30 Sept 2020 | 1.74 | 14.99B | 8.59B |
| Q2 FY2020 | 30 Jun 2020 | 1.88 | 15.44B | 8.23B |
| Q1 FY2020 | 31 Mar 2020 | 2.18 | 15.87B | 7.30B |
| Q4 FY2019 | 31 Dec 2019 | 1.83 | 14.22B | 7.79B |
| Q3 FY2019 | 30 Sept 2019 | 1.95 | 14.87B | 7.62B |
| Q2 FY2019 | 30 Jun 2019 | 1.92 | 15.45B | 8.07B |
| Q1 FY2019 | 31 Mar 2019 | 1.89 | 14.92B | 7.91B |
| Q4 FY2018 | 31 Dec 2018 | 0.78 | 5.82B | 7.51B |
| Q3 FY2018 | 30 Sept 2018 | 0.83 | 6.15B | 7.45B |
| Q2 FY2018 | 30 Jun 2018 | 0.81 | 6.25B | 7.72B |
| Q1 FY2018 | 31 Mar 2018 | 0.80 | 6.33B | 7.94B |
| Q4 FY2017 | 31 Dec 2017 | 0.75 | 5.49B | 7.36B |
| Q3 FY2017 | 30 Sept 2017 | 0.78 | 5.49B | 7.05B |
| Q2 FY2017 | 30 Jun 2017 | 0.81 | 5.64B | 6.99B |
| Q1 FY2017 | 31 Mar 2017 | 0.90 | 5.89B | 6.53B |
| Q4 FY2016 | 31 Dec 2016 | 0.78 | 4.81B | 6.19B |
| Q3 FY2016 | 30 Sept 2016 | 0.71 | 4.76B | 6.67B |
| Q2 FY2016 | 30 Jun 2016 | 0.72 | 4.76B | 6.62B |
| Q1 FY2016 | 31 Mar 2016 | 0.75 | 5.01B | 6.68B |
| Q4 FY2015 | 31 Dec 2015 | 0.68 | 4.41B | 6.51B |
| Q3 FY2015 | 30 Sept 2015 | 0.72 | 4.48B | 6.25B |
| Q2 FY2015 | 30 Jun 2015 | 0.58 | 3.94B | 6.78B |
| Q1 FY2015 | 31 Mar 2015 | 0.57 | 3.89B | 6.77B |
| Q4 FY2014 | 31 Dec 2014 | 0.48 | 3.39B | 7.05B |
| Q3 FY2014 | 30 Sept 2014 | 0.51 | 4.02B | 7.83B |
| Q2 FY2014 | 30 Jun 2014 | 0.43 | 3.55B | 8.15B |
| Q1 FY2014 | 31 Mar 2014 | 0.38 | 3.05B | 7.96B |
| Q4 FY2013 | 31 Dec 2013 | 0.37 | 2.96B | 7.91B |
| Q3 FY2013 | 30 Sept 2013 | 0.46 | 3.21B | 7.04B |
| Q2 FY2013 | 30 Jun 2013 | 0.40 | 2.71B | 6.78B |
| Q1 FY2013 | 31 Mar 2013 | 0.41 | 2.72B | 6.64B |
| Q4 FY2012 | 31 Dec 2012 | 0.45 | 2.92B | 6.54B |
| Q3 FY2012 | 30 Sept 2012 | 0.45 | 2.92B | 6.51B |
| Q2 FY2012 | 30 Jun 2012 | 0.47 | 2.92B | 6.27B |
| Q1 FY2012 | 31 Mar 2012 | 0.47 | 2.92B | 6.20B |
| Q4 FY2011 | 31 Dec 2011 | 0.50 | 2.93B | 5.88B |
| Q3 FY2011 | 30 Sept 2011 | 0.46 | 2.93B | 6.41B |
| Q2 FY2011 | 30 Jun 2011 | 0.45 | 3.03B | 6.73B |
| Q1 FY2011 | 31 Mar 2011 | 0.46 | 3.03B | 6.63B |
| Q4 FY2010 | 31 Dec 2010 | 0.48 | 3.03B | 6.37B |
| Q3 FY2010 | 30 Sept 2010 | 0.47 | 3.04B | 6.42B |
| Q2 FY2010 | 30 Jun 2010 | 0.60 | 3.59B | 6.00B |
| Q1 FY2010 | 31 Mar 2010 | 0.60 | 3.59B | 5.98B |
| Q4 FY2009 | 31 Dec 2009 | 0.62 | 3.59B | 5.83B |
| Q3 FY2009 | 30 Sept 2009 | 0.60 | 3.60B | 6.00B |
| Q2 FY2009 | 30 Jun 2009 | 0.63 | 3.60B | 5.73B |
| Q1 FY2009 | 31 Mar 2009 | 0.71 | 4.00B | 5.66B |
| Q4 FY2008 | 31 Dec 2008 | 0.63 | 3.60B | 5.72B |
| Q3 FY2008 | 30 Sept 2008 | 0.52 | 3.61B | 6.92B |
| Q2 FY2008 | 30 Jun 2008 | 0.48 | 3.61B | 7.53B |
| Q1 FY2008 | 31 Mar 2008 | 0.48 | 3.61B | 7.52B |
| Q4 FY2007 | 31 Dec 2007 | 0.49 | 3.86B | 7.82B |
| Q3 FY2007 | 30 Sept 2007 | 0.56 | 3.87B | 6.92B |
| Q2 FY2007 | 30 Jun 2007 | 0.87 | 4.95B | 5.66B |
| Q1 FY2007 | 31 Mar 2007 | 0.78 | 4.65B | 5.95B |
| Q4 FY2006 | 31 Dec 2006 | 0.85 | 4.97B | 5.82B |
| Q3 FY2006 | 30 Sept 2006 | 0.82 | 5.08B | 6.20B |
| Q2 FY2006 | 30 Jun 2006 | 0.87 | 5.23B | 6.02B |
| Q1 FY2006 | 31 Mar 2006 | 0.94 | 5.41B | 5.74B |
| Q4 FY2005 | 31 Dec 2005 | 1.03 | 5.54B | 5.36B |
| Q3 FY2005 | 30 Sept 2005 | 0.93 | 5.01B | 5.36B |
| Q2 FY2005 | 30 Jun 2005 | 1.01 | 5.05B | 5.01B |
| Q1 FY2005 | 31 Mar 2005 | 1.04 | 5.24B | 5.03B |
| Q4 FY2004 | 31 Dec 2004 | 1.05 | 5.33B | 5.06B |
| Q3 FY2004 | 30 Sept 2004 | 0.86 | 4.85B | 5.66B |
| Q2 FY2004 | 30 Jun 2004 | 0.57 | 3.21B | 5.62B |
| Q1 FY2004 | 31 Mar 2004 | 0.71 | 3.95B | 5.58B |
| Q4 FY2003 | 31 Dec 2003 | 0.62 | 3.36B | 5.45B |
| Q3 FY2003 | 30 Sept 2003 | 0.57 | 3.12B | 5.47B |
| Q2 FY2003 | 30 Jun 2003 | 0.60 | 3.25B | 5.45B |
| Q1 FY2003 | 31 Mar 2003 | 0.71 | 3.65B | 5.15B |
| Q4 FY2002 | 31 Dec 2002 | 0.68 | 3.43B | 5.02B |
| Q3 FY2002 | 30 Sept 2002 | 0.67 | 3.38B | 5.01B |
| Q2 FY2002 | 30 Jun 2002 | 0.70 | 3.50B | 5.04B |
| Q1 FY2002 | 31 Mar 2002 | 0.68 | 3.62B | 5.34B |
| Q4 FY2001 | 31 Dec 2001 | 0.60 | 3.09B | 5.17B |
| Q3 FY2001 | 30 Sept 2001 | 0.66 | 3.36B | 5.10B |
| Q2 FY2001 | 30 Jun 2001 | 0.67 | 3.49B | 5.23B |
| Q1 FY2001 | 31 Mar 2001 | 0.68 | 3.56B | 5.27B |
| Q4 FY2000 | 31 Dec 2000 | 0.51 | 2.68B | 5.23B |
| Q3 FY2000 | 30 Sept 2000 | 0.63 | 3.13B | 5.00B |
| Q2 FY2000 | 30 Jun 2000 | 0.79 | 3.65B | 4.64B |
| Q1 FY2000 | 31 Mar 2000 | 0.87 | 3.89B | 4.45B |
| Q4 FY1999 | 31 Dec 1999 | 0.84 | 3.49B | 4.17B |
| Q3 FY1999 | 30 Sept 1999 | 0.84 | 3.61B | 4.27B |
| Q2 FY1999 | 30 Jun 1999 | 0.87 | 3.55B | 4.08B |
| Q1 FY1999 | 31 Mar 1999 | 1.04 | 3.92B | 3.76B |
| Q4 FY1998 | 31 Dec 1998 | 1.05 | 3.82B | 3.66B |
| Q3 FY1998 | 30 Sept 1998 | 0.49 | 1.76B | 3.58B |
| Q2 FY1998 | 30 Jun 1998 | 0.55 | 1.94B | 3.52B |
| Q1 FY1998 | 31 Mar 1998 | 0.48 | 1.67B | 3.51B |
| Q4 FY1997 | 31 Dec 1997 | 0.46 | 1.48B | 3.23B |
| Q3 FY1997 | 30 Sept 1997 | 0.47 | 1.57B | 3.32B |
| Q2 FY1997 | 30 Jun 1997 | 0.54 | 1.72B | 3.18B |
| Q1 FY1997 | 31 Mar 1997 | 0.60 | 1.79B | 3.00B |
| Q4 FY1996 | 31 Dec 1996 | 0.45 | 850.60M | 1.89B |
| Q3 FY1996 | 30 Sept 1996 | 0.50 | 876.40M | 1.74B |
| Q2 FY1996 | 30 Jun 1996 | 0.41 | 745.50M | 1.81B |
| Q1 FY1996 | 31 Mar 1996 | 0.60 | 1.07B | 1.78B |
| Q4 FY1995 | 31 Dec 1995 | 0.59 | 981.70M | 1.67B |
| Q3 FY1995 | 30 Sept 1995 | 0.57 | 951.10M | 1.68B |
| Q2 FY1995 | 30 Jun 1995 | 0.61 | 985.00M | 1.62B |
| Q1 FY1995 | 31 Mar 1995 | 0.56 | 882.40M | 1.56B |
| Q4 FY1994 | 31 Dec 1994 | 0.56 | 812.40M | 1.46B |
| Q3 FY1994 | 30 Sept 1994 | 0.53 | 787.80M | 1.49B |
| Q2 FY1994 | 30 Jun 1994 | 0.55 | 786.80M | 1.43B |
| Q1 FY1994 | 31 Mar 1994 | 0.56 | 768.50M | 1.38B |
| Q4 FY1993 | 31 Dec 1993 | 0.50 | 683.60M | 1.37B |
| Q3 FY1993 | 30 Sept 1993 | 0.57 | 706.70M | 1.24B |
| Q2 FY1993 | 30 Jun 1993 | 0.61 | 706.00M | 1.16B |
| Q1 FY1993 | 31 Mar 1993 | 0.64 | 726.30M | 1.14B |
| Q4 FY1992 | 31 Dec 1992 | 0.56 | 618.60M | 1.10B |
| Q3 FY1992 | 30 Sept 1992 | 0.33 | 393.40M | 1.18B |
| Q2 FY1992 | 30 Jun 1992 | 0.38 | 430.60M | 1.12B |
| Q1 FY1992 | 31 Mar 1992 | 0.41 | 426.40M | 1.05B |
| Q4 FY1991 | 31 Dec 1991 | 0.32 | 328.30M | 1.04B |
| Q3 FY1991 | 30 Sept 1991 | 0.37 | 399.00M | 1.07B |
| Q2 FY1991 | 30 Jun 1991 | 0.43 | 441.90M | 1.03B |
| Q1 FY1991 | 31 Mar 1991 | 0.34 | 374.60M | 1.09B |
| Q4 FY1990 | 31 Dec 1990 | 0.36 | 386.50M | 1.09B |
| Q3 FY1990 | 30 Sept 1990 | 0.44 | 467.20M | 1.06B |
| Q2 FY1990 | 30 Jun 1990 | 0.47 | 470.00M | 1.01B |
| Q1 FY1990 | 31 Mar 1990 | 0.47 | 449.70M | 952.00M |
| Q4 FY1989 | 31 Dec 1989 | 0.40 | 353.40M | 873.00M |
| Q3 FY1989 | 30 Sept 1989 | — | — | — |
| Q2 FY1989 | 30 Jun 1989 | 0.56 | 444.40M | 792.10M |
| Q1 FY1989 | 31 Mar 1989 | — | — | — |
| Q4 FY1988 | 31 Dec 1988 | 0.54 | 408.90M | 755.10M |
| Q3 FY1988 | 30 Sept 1988 | — | — | — |
| Q2 FY1988 | 30 Jun 1988 | — | — | — |
| Q1 FY1988 | 31 Mar 1988 | — | — | — |
| Q4 FY1987 | 31 Dec 1987 | 0.20 | 156.50M | 791.70M |
| Q3 FY1987 | 30 Sept 1987 | — | — | — |
| Q2 FY1987 | 30 Jun 1987 | — | — | — |
| Q1 FY1987 | 31 Mar 1987 | — | — | — |
| Q4 FY1986 | 31 Dec 1986 | 0.18 | 117.50M | 638.70M |
| Q3 FY1986 | 30 Sept 1986 | — | — | — |
| Q2 FY1986 | 30 Jun 1986 | — | — | — |
| Q1 FY1986 | 31 Mar 1986 | — | — | — |
| Q4 FY1985 | 31 Dec 1985 | 0.14 | 70.10M | 515.20M |
| Q3 FY1985 | 30 Sept 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Current ratio,All ratios
Common questions about Marsh & McLennan Companies's debt to equity
Source: Financial Modeling PrepVerified against SEC filings