Marsh & McLennan Companies net income 1985–2026What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.
Marsh & McLennan Companies earned 808.00M USD in Q3 FY2026, the three months to 30 September 2026, up 8.2% on the same quarter a year before. Marsh & McLennan Companies's net income over the last twelve months was 4.04B USD, down 2.1% on the twelve months before. In fiscal year 2025 it earned 4.16B USD, up 2.5% on the year before.
Last updated 11 Nov 2026 · Next report 28 Jan 2027
Net income
Growth
| Fiscal year | Period ending | Net income | Growth | Net margin | Revenue |
|---|---|---|---|---|---|
| TTM | 30 Sept 2026 | 4.04B | -2.08% | 14.20% | 28.46B |
| FY2025 | 31 Dec 2025 | 4.16B | +2.46% | 15.42% | 26.98B |
| FY2024 | 31 Dec 2024 | 4.06B | +8.09% | 16.60% | 24.46B |
| FY2023 | 31 Dec 2023 | 3.76B | +23.15% | 16.52% | 22.74B |
| FY2022 | 31 Dec 2022 | 3.05B | -2.96% | 14.72% | 20.72B |
| FY2021 | 31 Dec 2021 | 3.14B | +55.90% | 15.86% | 19.82B |
| FY2020 | 31 Dec 2020 | 2.02B | +15.73% | 11.70% | 17.22B |
| FY2019 | 31 Dec 2019 | 1.74B | +5.58% | 10.46% | 16.65B |
| FY2018 | 31 Dec 2018 | 1.65B | +10.59% | 11.04% | 14.95B |
| FY2017 | 31 Dec 2017 | 1.49B | -15.61% | 10.64% | 14.02B |
| FY2016 | 31 Dec 2016 | 1.77B | +10.57% | 13.38% | 13.21B |
| FY2015 | 31 Dec 2015 | 1.60B | +9.15% | 12.40% | 12.89B |
| FY2014 | 31 Dec 2014 | 1.47B | +7.96% | 11.31% | 12.95B |
| FY2013 | 31 Dec 2013 | 1.36B | +15.39% | 11.07% | 12.26B |
| FY2012 | 31 Dec 2012 | 1.18B | +18.43% | 9.86% | 11.92B |
| FY2011 | 31 Dec 2011 | 993.00M | +16.14% | 8.62% | 11.53B |
| FY2010 | 31 Dec 2010 | 855.00M | +276.65% | 8.10% | 10.55B |
| FY2009 | 31 Dec 2009 | 227.00M | — | 2.31% | 9.83B |
| FY2008 | 31 Dec 2008 | -73.00M | -102.95% | -0.68% | 10.73B |
| FY2007 | 31 Dec 2007 | 2.48B | +150.00% | 22.14% | 11.18B |
| FY2006 | 31 Dec 2006 | 990.00M | +145.05% | 8.30% | 11.92B |
| FY2005 | 31 Dec 2005 | 404.00M | +7.45% | 3.47% | 11.65B |
| FY2004 | 31 Dec 2004 | 376.00M | -75.58% | 3.20% | 11.76B |
| FY2003 | 31 Dec 2003 | 1.54B | +12.82% | 13.29% | 11.59B |
| FY2002 | 31 Dec 2002 | 1.37B | +40.14% | 13.07% | 10.44B |
| FY2001 | 31 Dec 2001 | 974.00M | -17.53% | 9.87% | 9.87B |
| FY2000 | 31 Dec 2000 | 1.18B | +62.67% | 11.46% | 10.31B |
| FY1999 | 31 Dec 1999 | 726.00M | -8.79% | 7.93% | 9.16B |
| FY1998 | 31 Dec 1998 | 796.00M | +83.41% | 11.07% | 7.19B |
| FY1997 | 31 Dec 1997 | 434.00M | -5.45% | 7.22% | 6.01B |
| FY1996 | 31 Dec 1996 | 459.00M | +13.92% | 10.42% | 4.40B |
| FY1995 | 31 Dec 1995 | 402.90M | +8.45% | 10.23% | 3.94B |
| FY1994 | 31 Dec 1994 | 371.50M | +11.76% | 10.82% | 3.44B |
| FY1993 | 31 Dec 1993 | 332.40M | +26.05% | 10.51% | 3.16B |
| FY1992 | 31 Dec 1992 | 263.70M | -13.68% | 8.98% | 2.94B |
| FY1991 | 31 Dec 1991 | 305.50M | +0.46% | 10.99% | 2.78B |
| FY1990 | 31 Dec 1990 | 304.10M | +3.12% | 11.17% | 2.72B |
| FY1989 | 31 Dec 1989 | 294.90M | -0.47% | 12.15% | 2.43B |
| FY1988 | 31 Dec 1988 | 296.30M | -1.92% | 13.04% | 2.27B |
| FY1987 | 31 Dec 1987 | 302.10M | +24.22% | 14.07% | 2.15B |
| FY1986 | 31 Dec 1986 | 243.20M | +49.29% | 13.48% | 1.80B |
| FY1985 | 31 Dec 1985 | 162.90M | — | 11.91% | 1.37B |
| Quarter | Period ending | Net income | Growth on a year before | Net margin | Revenue |
|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 808.00M | +8.17% | 11.77% | 6.86B |
| Q2 FY2026 | 30 Jun 2026 | 1.27B | +4.54% | 17.10% | 7.40B |
| Q1 FY2026 | 31 Mar 2026 | 1.15B | -17.02% | 15.08% | 7.60B |
| Q4 FY2025 | 31 Dec 2025 | 821.00M | +4.19% | 12.45% | 6.60B |
| Q3 FY2025 | 30 Sept 2025 | 747.00M | 0.00% | 11.76% | 6.35B |
| Q2 FY2025 | 30 Jun 2025 | 1.21B | +7.64% | 17.36% | 6.97B |
| Q1 FY2025 | 31 Mar 2025 | 1.38B | -1.36% | 19.56% | 7.06B |
| Q4 FY2024 | 31 Dec 2024 | 788.00M | +4.23% | 12.99% | 6.07B |
| Q3 FY2024 | 30 Sept 2024 | 747.00M | +2.33% | 13.11% | 5.70B |
| Q2 FY2024 | 30 Jun 2024 | 1.13B | +8.70% | 18.08% | 6.22B |
| Q1 FY2024 | 31 Mar 2024 | 1.40B | +13.36% | 21.63% | 6.47B |
| Q4 FY2023 | 31 Dec 2023 | 756.00M | +62.23% | 13.61% | 5.55B |
| Q3 FY2023 | 30 Sept 2023 | 730.00M | +33.70% | 13.56% | 5.38B |
| Q2 FY2023 | 30 Jun 2023 | 1.04B | +7.03% | 17.61% | 5.88B |
| Q1 FY2023 | 31 Mar 2023 | 1.24B | +15.31% | 20.85% | 5.92B |
| Q4 FY2022 | 31 Dec 2022 | 466.00M | -41.97% | 9.28% | 5.02B |
| Q3 FY2022 | 30 Sept 2022 | 546.00M | +1.68% | 11.45% | 4.77B |
| Q2 FY2022 | 30 Jun 2022 | 967.00M | +17.93% | 17.98% | 5.38B |
| Q1 FY2022 | 31 Mar 2022 | 1.07B | +8.95% | 19.30% | 5.55B |
| Q4 FY2021 | 31 Dec 2021 | 803.00M | +114.71% | 15.63% | 5.14B |
| Q3 FY2021 | 30 Sept 2021 | 537.00M | +69.94% | 11.72% | 4.58B |
| Q2 FY2021 | 30 Jun 2021 | 820.00M | +43.36% | 16.34% | 5.02B |
| Q1 FY2021 | 31 Mar 2021 | 983.00M | +30.37% | 19.34% | 5.08B |
| Q4 FY2020 | 31 Dec 2020 | 374.00M | -4.35% | 8.47% | 4.42B |
| Q3 FY2020 | 30 Sept 2020 | 316.00M | +4.29% | 7.96% | 3.97B |
| Q2 FY2020 | 30 Jun 2020 | 572.00M | +72.29% | 13.65% | 4.19B |
| Q1 FY2020 | 31 Mar 2020 | 754.00M | +5.31% | 16.21% | 4.65B |
| Q4 FY2019 | 31 Dec 2019 | 391.00M | +155.56% | 9.17% | 4.26B |
| Q3 FY2019 | 30 Sept 2019 | 303.00M | +9.78% | 7.64% | 3.97B |
| Q2 FY2019 | 30 Jun 2019 | 332.00M | -37.48% | 7.63% | 4.35B |
| Q1 FY2019 | 31 Mar 2019 | 716.00M | +3.77% | 17.59% | 4.07B |
| Q4 FY2018 | 31 Dec 2018 | 153.00M | +427.59% | 4.12% | 3.71B |
| Q3 FY2018 | 30 Sept 2018 | 276.00M | -29.77% | 7.88% | 3.50B |
| Q2 FY2018 | 30 Jun 2018 | 531.00M | +5.99% | 14.22% | 3.73B |
| Q1 FY2018 | 31 Mar 2018 | 690.00M | +21.27% | 17.25% | 4.00B |
| Q4 FY2017 | 31 Dec 2017 | 29.00M | -93.35% | 0.79% | 3.69B |
| Q3 FY2017 | 30 Sept 2017 | 393.00M | +3.69% | 11.76% | 3.34B |
| Q2 FY2017 | 30 Jun 2017 | 501.00M | +6.14% | 14.33% | 3.50B |
| Q1 FY2017 | 31 Mar 2017 | 569.00M | +18.30% | 16.24% | 3.50B |
| Q4 FY2016 | 31 Dec 2016 | 436.00M | +16.27% | 12.96% | 3.36B |
| Q3 FY2016 | 30 Sept 2016 | 379.00M | +17.34% | 12.09% | 3.14B |
| Q2 FY2016 | 30 Jun 2016 | 472.00M | +12.65% | 13.98% | 3.38B |
| Q1 FY2016 | 31 Mar 2016 | 481.00M | -0.21% | 14.42% | 3.34B |
| Q4 FY2015 | 31 Dec 2015 | 375.00M | +27.55% | 11.23% | 3.34B |
| Q3 FY2015 | 30 Sept 2015 | 323.00M | +8.75% | 10.37% | 3.12B |
| Q2 FY2015 | 30 Jun 2015 | 419.00M | -2.78% | 12.99% | 3.23B |
| Q1 FY2015 | 31 Mar 2015 | 482.00M | +8.80% | 14.99% | 3.22B |
| Q4 FY2014 | 31 Dec 2014 | 294.00M | -2.97% | 9.06% | 3.25B |
| Q3 FY2014 | 30 Sept 2014 | 297.00M | +17.39% | 9.46% | 3.14B |
| Q2 FY2014 | 30 Jun 2014 | 431.00M | +11.08% | 13.06% | 3.30B |
| Q1 FY2014 | 31 Mar 2014 | 443.00M | +7.26% | 13.57% | 3.26B |
| Q4 FY2013 | 31 Dec 2013 | 303.00M | +16.99% | 9.73% | 3.12B |
| Q3 FY2013 | 30 Sept 2013 | 253.00M | +4.98% | 8.63% | 2.93B |
| Q2 FY2013 | 30 Jun 2013 | 388.00M | +17.93% | 12.56% | 3.09B |
| Q1 FY2013 | 31 Mar 2013 | 413.00M | +19.02% | 13.21% | 3.13B |
| Q4 FY2012 | 31 Dec 2012 | 259.00M | +1.17% | 8.63% | 3.00B |
| Q3 FY2012 | 30 Sept 2012 | 241.00M | +85.38% | 8.47% | 2.85B |
| Q2 FY2012 | 30 Jun 2012 | 329.00M | +16.67% | 10.87% | 3.03B |
| Q1 FY2012 | 31 Mar 2012 | 347.00M | +6.77% | 11.37% | 3.05B |
| Q4 FY2011 | 31 Dec 2011 | 256.00M | +26.11% | 8.80% | 2.91B |
| Q3 FY2011 | 30 Sept 2011 | 130.00M | -22.62% | 4.63% | 2.81B |
| Q2 FY2011 | 30 Jun 2011 | 282.00M | +19.49% | 9.63% | 2.93B |
| Q1 FY2011 | 31 Mar 2011 | 325.00M | +31.05% | 11.27% | 2.88B |
| Q4 FY2010 | 31 Dec 2010 | 203.00M | +782.61% | 7.29% | 2.79B |
| Q3 FY2010 | 30 Sept 2010 | 168.00M | -23.98% | 6.66% | 2.52B |
| Q2 FY2010 | 30 Jun 2010 | 236.00M | — | 9.06% | 2.61B |
| Q1 FY2010 | 31 Mar 2010 | 248.00M | +40.91% | 9.41% | 2.64B |
| Q4 FY2009 | 31 Dec 2009 | 23.00M | -71.25% | 0.84% | 2.73B |
| Q3 FY2009 | 30 Sept 2009 | 221.00M | — | 9.39% | 2.35B |
| Q2 FY2009 | 30 Jun 2009 | -193.00M | -396.92% | -7.81% | 2.47B |
| Q1 FY2009 | 31 Mar 2009 | 176.00M | — | 6.75% | 2.61B |
| Q4 FY2008 | 31 Dec 2008 | 80.00M | -5.88% | 3.01% | 2.66B |
| Q3 FY2008 | 30 Sept 2008 | -8.00M | -100.41% | -0.28% | 2.84B |
| Q2 FY2008 | 30 Jun 2008 | 65.00M | -63.28% | 2.14% | 3.03B |
| Q1 FY2008 | 31 Mar 2008 | -210.00M | -178.36% | -6.91% | 3.04B |
| Q4 FY2007 | 31 Dec 2007 | 85.00M | -62.39% | 2.91% | 2.93B |
| Q3 FY2007 | 30 Sept 2007 | 1.95B | +1,005.11% | 71.61% | 2.72B |
| Q2 FY2007 | 30 Jun 2007 | 177.00M | +2.91% | 6.28% | 2.82B |
| Q1 FY2007 | 31 Mar 2007 | 268.00M | -35.58% | 9.53% | 2.81B |
| Q4 FY2006 | 31 Dec 2006 | 226.00M | +479.49% | 7.45% | 3.03B |
| Q3 FY2006 | 30 Sept 2006 | 176.00M | +155.07% | 6.10% | 2.88B |
| Q2 FY2006 | 30 Jun 2006 | 172.00M | +3.61% | 5.77% | 2.98B |
| Q1 FY2006 | 31 Mar 2006 | 416.00M | +210.45% | 15.56% | 2.67B |
| Q4 FY2005 | 31 Dec 2005 | 39.00M | — | 1.58% | 2.48B |
| Q3 FY2005 | 30 Sept 2005 | 69.00M | +228.57% | 2.48% | 2.78B |
| Q2 FY2005 | 30 Jun 2005 | 166.00M | -57.33% | 5.58% | 2.98B |
| Q1 FY2005 | 31 Mar 2005 | 134.00M | -69.96% | 4.21% | 3.18B |
| Q4 FY2004 | 31 Dec 2004 | -680.00M | -281.33% | -23.10% | 2.94B |
| Q3 FY2004 | 30 Sept 2004 | 21.00M | -94.12% | 0.71% | 2.95B |
| Q2 FY2004 | 30 Jun 2004 | 389.00M | +6.58% | 12.85% | 3.03B |
| Q1 FY2004 | 31 Mar 2004 | 446.00M | +0.68% | 13.95% | 3.20B |
| Q4 FY2003 | 31 Dec 2003 | 375.00M | +20.19% | 12.36% | 3.03B |
| Q3 FY2003 | 30 Sept 2003 | 357.00M | +19.40% | 12.58% | 2.84B |
| Q2 FY2003 | 30 Jun 2003 | 365.00M | +8.63% | 12.74% | 2.87B |
| Q1 FY2003 | 31 Mar 2003 | 443.00M | +5.98% | 15.53% | 2.85B |
| Q4 FY2002 | 31 Dec 2002 | 312.00M | +116.67% | 11.82% | 2.64B |
| Q3 FY2002 | 30 Sept 2002 | 299.00M | +77.98% | 11.71% | 2.55B |
| Q2 FY2002 | 30 Jun 2002 | 336.00M | +14.68% | 12.86% | 2.61B |
| Q1 FY2002 | 31 Mar 2002 | 418.00M | +13.28% | 15.86% | 2.64B |
| Q4 FY2001 | 31 Dec 2001 | 144.00M | -49.65% | 5.82% | 2.47B |
| Q3 FY2001 | 30 Sept 2001 | 168.00M | -40.43% | 6.98% | 2.41B |
| Q2 FY2001 | 30 Jun 2001 | 293.00M | +6.16% | 11.53% | 2.54B |
| Q1 FY2001 | 31 Mar 2001 | 369.00M | +9.50% | 14.23% | 2.59B |
| Q4 FY2000 | 31 Dec 2000 | 286.00M | +508.51% | 11.55% | 2.48B |
| Q3 FY2000 | 30 Sept 2000 | 282.00M | +26.46% | 11.12% | 2.54B |
| Q2 FY2000 | 30 Jun 2000 | 276.00M | +55.93% | 11.12% | 2.48B |
| Q1 FY2000 | 31 Mar 2000 | 337.00M | +20.79% | 12.65% | 2.67B |
| Q4 FY1999 | 31 Dec 1999 | 47.00M | -74.73% | 2.01% | 2.33B |
| Q3 FY1999 | 30 Sept 1999 | 223.00M | +19.89% | 10.01% | 2.23B |
| Q2 FY1999 | 30 Jun 1999 | 177.00M | -8.29% | 7.88% | 2.25B |
| Q1 FY1999 | 31 Mar 1999 | 279.00M | +20.78% | 11.87% | 2.35B |
| Q4 FY1998 | 31 Dec 1998 | 186.00M | — | 9.56% | 1.95B |
| Q3 FY1998 | 30 Sept 1998 | 186.00M | +32.86% | 10.82% | 1.72B |
| Q2 FY1998 | 30 Jun 1998 | 193.00M | +33.10% | 11.03% | 1.75B |
| Q1 FY1998 | 31 Mar 1998 | 231.00M | +40.51% | 13.01% | 1.78B |
| Q4 FY1997 | 31 Dec 1997 | -50.00M | -150.81% | -2.64% | 1.89B |
| Q3 FY1997 | 30 Sept 1997 | 140.00M | +36.45% | 9.04% | 1.55B |
| Q2 FY1997 | 30 Jun 1997 | 145.00M | +25.87% | 10.00% | 1.45B |
| Q1 FY1997 | 31 Mar 1997 | 164.40M | +14.88% | 13.60% | 1.21B |
| Q4 FY1996 | 31 Dec 1996 | 98.40M | +15.76% | 9.35% | 1.05B |
| Q3 FY1996 | 30 Sept 1996 | 102.60M | +12.38% | 10.37% | 989.00M |
| Q2 FY1996 | 30 Jun 1996 | 115.20M | +13.16% | 11.11% | 1.04B |
| Q1 FY1996 | 31 Mar 1996 | 143.10M | +14.66% | 13.37% | 1.07B |
| Q4 FY1995 | 31 Dec 1995 | 85.00M | +17.73% | 8.87% | 958.30M |
| Q3 FY1995 | 30 Sept 1995 | 91.30M | +9.47% | 9.91% | 921.60M |
| Q2 FY1995 | 30 Jun 1995 | 101.80M | +6.37% | 10.89% | 935.20M |
| Q1 FY1995 | 31 Mar 1995 | 124.80M | +3.83% | 13.07% | 955.20M |
| Q4 FY1994 | 31 Dec 1994 | 72.20M | +15.34% | 8.42% | 857.40M |
| Q3 FY1994 | 30 Sept 1994 | 83.40M | +9.59% | 10.09% | 826.90M |
| Q2 FY1994 | 30 Jun 1994 | 95.70M | +10.89% | 11.39% | 840.50M |
| Q1 FY1994 | 31 Mar 1994 | 120.20M | +11.92% | 13.21% | 910.20M |
| Q4 FY1993 | 31 Dec 1993 | 62.60M | +421.67% | 8.03% | 779.80M |
| Q3 FY1993 | 30 Sept 1993 | 76.10M | +9.18% | 9.93% | 766.40M |
| Q2 FY1993 | 30 Jun 1993 | 86.30M | +7.47% | 11.02% | 783.30M |
| Q1 FY1993 | 31 Mar 1993 | 107.40M | +5.60% | 12.88% | 833.90M |
| Q4 FY1992 | 31 Dec 1992 | 12.00M | -77.86% | 1.70% | 705.20M |
| Q3 FY1992 | 30 Sept 1992 | 69.70M | -5.81% | 9.55% | 730.00M |
| Q2 FY1992 | 30 Jun 1992 | 80.30M | -0.50% | 10.95% | 733.00M |
| Q1 FY1992 | 31 Mar 1992 | 101.70M | +5.28% | 13.23% | 768.80M |
| Q4 FY1991 | 31 Dec 1991 | 54.20M | -0.55% | 8.14% | 665.90M |
| Q3 FY1991 | 30 Sept 1991 | 74.00M | -0.80% | 10.90% | 679.00M |
| Q2 FY1991 | 30 Jun 1991 | 80.70M | -0.12% | 11.69% | 690.20M |
| Q1 FY1991 | 31 Mar 1991 | 96.60M | +2.55% | 12.98% | 744.10M |
| Q4 FY1990 | 31 Dec 1990 | 54.50M | -2.33% | 8.15% | 668.50M |
| Q3 FY1990 | 30 Sept 1990 | 74.60M | +1.50% | 10.95% | 681.50M |
| Q2 FY1990 | 30 Jun 1990 | 80.80M | +4.53% | 11.93% | 677.30M |
| Q1 FY1990 | 31 Mar 1990 | 94.20M | +6.68% | 13.54% | 695.70M |
| Q4 FY1989 | 31 Dec 1989 | 55.80M | +10.28% | 9.42% | 592.10M |
| Q3 FY1989 | 30 Sept 1989 | 73.50M | -1.47% | 12.12% | 606.60M |
| Q2 FY1989 | 30 Jun 1989 | 77.30M | +0.39% | 12.75% | 606.30M |
| Q1 FY1989 | 31 Mar 1989 | 88.30M | -6.16% | 14.18% | 622.70M |
| Q4 FY1988 | 31 Dec 1988 | 50.60M | -3.80% | 9.29% | 544.40M |
| Q3 FY1988 | 30 Sept 1988 | 74.60M | -3.99% | 13.26% | 562.70M |
| Q2 FY1988 | 30 Jun 1988 | 77.00M | -2.41% | 13.51% | 570.00M |
| Q1 FY1988 | 31 Mar 1988 | 94.10M | +1.29% | 15.81% | 595.30M |
| Q4 FY1987 | 31 Dec 1987 | 52.60M | +6.69% | 10.23% | 514.30M |
| Q3 FY1987 | 30 Sept 1987 | 77.70M | +21.03% | 14.56% | 533.70M |
| Q2 FY1987 | 30 Jun 1987 | 78.90M | +22.14% | 14.64% | 539.10M |
| Q1 FY1987 | 31 Mar 1987 | 92.90M | +42.70% | 16.59% | 560.00M |
| Q4 FY1986 | 31 Dec 1986 | 49.30M | +34.33% | 11.09% | 444.70M |
| Q3 FY1986 | 30 Sept 1986 | 64.20M | +51.77% | 13.90% | 461.80M |
| Q2 FY1986 | 30 Jun 1986 | 64.60M | — | 14.25% | 453.40M |
| Q1 FY1986 | 31 Mar 1986 | 65.10M | — | 14.66% | 444.20M |
| Q4 FY1985 | 31 Dec 1985 | 36.70M | — | 10.15% | 361.70M |
| Q3 FY1985 | 30 Sept 1985 | 42.30M | — | 12.05% | 350.90M |
Figures in USD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
See also:Revenue,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Marsh & McLennan Companies's profit
Source: Financial Modeling PrepVerified against SEC filings
