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 return on equity (ROE)What is return on equity (ROE)? Return on equity (ROE) is a year of net income divided by shareholders' equity: the profit a company makes on each dollar its owners have in it.
Marsh & McLennan Companies's return on equity is 23.56%: net income of 3.46B USD over the last twelve months on shareholders' equity of 14.68B USD.
- Today
- 23.56%
- Average, 5 years
- 29.53%
- Low, 5 years
- 22.41%
- High, 5 years
- 35.79%
ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 3.46B ÷ 14.68B = 23.56%
ROE (return on equity)
Net income
Shareholders' equity
Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.
Why is Marsh & McLennan Companies's return on equity so high?What is DuPont analysis? DuPont analysis splits return on equity into three parts: profit margin, asset turnover and the equity multiplier. It shows whether a high ROE comes from profits, from using assets well, or from debt.
Net margin
15.4%
profit on each dollar of sales
×
Asset turnover
0.46×
sales on each dollar of assets
×
Equity multiplier
3.89×
assets on each dollar of equity
=
Return on equity
27.5%
FY2025
- FY202515.4% × 0.46 × 3.89 = 27.5%
- FY202416.6% × 0.43 × 4.23 = 30.4%
- FY202316.5% × 0.47 × 3.94 = 30.8%
- FY202214.7% × 0.47 × 4.19 = 29.0%
- FY202115.9% × 0.58 × 3.12 = 28.5%
The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.
ROE (return on equity) by year and by quarter
| Fiscal year | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Today | 23.56% | 3.46B | 14.68B | |
| FY2025 | 31 Dec 2025 | 28.04% | 4.23B | 15.10B |
| FY2024 | 31 Dec 2024 | 30.43% | 4.06B | 13.34B |
| FY2023 | 31 Dec 2023 | 31.19% | 3.80B | 12.19B |
| FY2022 | 31 Dec 2022 | 29.34% | 3.09B | 10.52B |
| FY2021 | 31 Dec 2021 | 28.83% | 3.17B | 11.01B |
| FY2020 | 31 Dec 2020 | 22.47% | 2.05B | 9.10B |
| FY2019 | 31 Dec 2019 | 22.75% | 1.77B | 7.79B |
| FY2018 | 31 Dec 2018 | 22.23% | 1.67B | 7.51B |
| FY2017 | 31 Dec 2017 | 20.55% | 1.51B | 7.36B |
| FY2016 | 31 Dec 2016 | 28.99% | 1.80B | 6.19B |
| FY2015 | 31 Dec 2015 | 25.12% | 1.64B | 6.51B |
| FY2014 | 31 Dec 2014 | 21.22% | 1.50B | 7.05B |
| FY2013 | 31 Dec 2013 | 17.52% | 1.39B | 7.91B |
| FY2012 | 31 Dec 2012 | 18.36% | 1.20B | 6.54B |
| FY2011 | 31 Dec 2011 | 17.25% | 1.02B | 5.88B |
| FY2010 | 31 Dec 2010 | 13.68% | 871.00M | 6.37B |
| FY2009 | 31 Dec 2009 | 4.15% | 242.00M | 5.83B |
| FY2008 | 31 Dec 2008 | 1.40% | 80.00M | 5.72B |
| FY2007 | 31 Dec 2007 | 6.88% | 538.00M | 7.82B |
| FY2006 | 31 Dec 2006 | 14.06% | 818.00M | 5.82B |
| FY2005 | 31 Dec 2005 | 7.54% | 404.00M | 5.36B |
| FY2004 | 31 Dec 2004 | 3.48% | 176.00M | 5.06B |
| FY2003 | 31 Dec 2003 | 28.25% | 1.54B | 5.45B |
| FY2002 | 31 Dec 2002 | 27.20% | 1.37B | 5.02B |
| FY2001 | 31 Dec 2001 | 18.83% | 974.00M | 5.17B |
| FY2000 | 31 Dec 2000 | 22.59% | 1.18B | 5.23B |
| FY1999 | 31 Dec 1999 | 17.41% | 726.00M | 4.17B |
| FY1998 | 31 Dec 1998 | 21.75% | 796.00M | 3.66B |
| FY1997 | 31 Dec 1997 | 12.35% | 399.40M | 3.23B |
| FY1996 | 31 Dec 1996 | 24.32% | 459.30M | 1.89B |
| FY1995 | 31 Dec 1995 | 24.19% | 402.90M | 1.67B |
| FY1994 | 31 Dec 1994 | 25.43% | 371.50M | 1.46B |
| FY1993 | 31 Dec 1993 | 4.59% | 62.60M | 1.37B |
| FY1992 | 31 Dec 1992 | 23.91% | 263.70M | 1.10B |
| FY1991 | 31 Dec 1991 | 29.52% | 305.50M | 1.04B |
| FY1990 | 31 Dec 1990 | 28.02% | 304.10M | 1.09B |
| FY1989 | 31 Dec 1989 | 33.78% | 294.90M | 873.00M |
| FY1988 | 31 Dec 1988 | 39.24% | 296.30M | 755.10M |
| FY1987 | 31 Dec 1987 | 38.16% | 302.10M | 791.70M |
| FY1986 | 31 Dec 1986 | 38.08% | 243.20M | 638.70M |
| FY1985 | 31 Dec 1985 | 31.62% | 162.90M | 515.20M |
| Quarter | Period ending | ROE (return on equity) | Net income | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 23.56% | 3.46B | 14.68B |
| Q2 FY2026 | 30 Jun 2026 | 22.41% | 3.40B | 15.18B |
| Q1 FY2026 | 31 Mar 2026 | 27.51% | 4.01B | 14.57B |
| Q4 FY2025 | 31 Dec 2025 | 28.04% | 4.23B | 15.10B |
| Q3 FY2025 | 30 Sept 2025 | 32.11% | 4.87B | 15.15B |
| Q2 FY2025 | 30 Jun 2025 | 30.80% | 4.86B | 15.77B |
| Q1 FY2025 | 31 Mar 2025 | 29.04% | 4.09B | 14.07B |
| Q4 FY2024 | 31 Dec 2024 | 30.53% | 4.07B | 13.34B |
| Q3 FY2024 | 30 Sept 2024 | 29.49% | 4.04B | 13.69B |
| Q2 FY2024 | 30 Jun 2024 | 30.13% | 4.03B | 13.37B |
| Q1 FY2024 | 31 Mar 2024 | 31.80% | 3.95B | 12.42B |
| Q4 FY2023 | 31 Dec 2023 | 31.19% | 3.80B | 12.19B |
| Q3 FY2023 | 30 Sept 2023 | 30.76% | 3.51B | 11.41B |
| Q2 FY2023 | 30 Jun 2023 | 27.77% | 3.32B | 11.96B |
| Q1 FY2023 | 31 Mar 2023 | 29.70% | 3.25B | 10.95B |
| Q4 FY2022 | 31 Dec 2022 | 29.34% | 3.09B | 10.52B |
| Q3 FY2022 | 30 Sept 2022 | 35.79% | 3.42B | 9.57B |
| Q2 FY2022 | 30 Jun 2022 | 31.92% | 3.41B | 10.69B |
| Q1 FY2022 | 31 Mar 2022 | 29.83% | 3.26B | 10.94B |
| Q4 FY2021 | 31 Dec 2021 | 28.83% | 3.17B | 11.01B |
| Q3 FY2021 | 30 Sept 2021 | 28.21% | 2.75B | 9.73B |
| Q2 FY2021 | 30 Jun 2021 | 24.97% | 2.52B | 10.11B |
| Q1 FY2021 | 31 Mar 2021 | 24.14% | 2.28B | 9.43B |
| Q4 FY2020 | 31 Dec 2020 | 22.47% | 2.05B | 9.10B |
| Q3 FY2020 | 30 Sept 2020 | 24.01% | 2.06B | 8.59B |
| Q2 FY2020 | 30 Jun 2020 | 24.91% | 2.05B | 8.23B |
| Q1 FY2020 | 31 Mar 2020 | 24.85% | 1.81B | 7.30B |
| Q4 FY2019 | 31 Dec 2019 | 22.75% | 1.77B | 7.79B |
| Q3 FY2019 | 30 Sept 2019 | 20.16% | 1.54B | 7.62B |
| Q2 FY2019 | 30 Jun 2019 | 18.71% | 1.51B | 8.07B |
| Q1 FY2019 | 31 Mar 2019 | 21.51% | 1.70B | 7.91B |
| Q4 FY2018 | 31 Dec 2018 | 22.23% | 1.67B | 7.51B |
| Q3 FY2018 | 30 Sept 2018 | 20.68% | 1.54B | 7.45B |
| Q2 FY2018 | 30 Jun 2018 | 21.50% | 1.66B | 7.72B |
| Q1 FY2018 | 31 Mar 2018 | 20.53% | 1.63B | 7.94B |
| Q4 FY2017 | 31 Dec 2017 | 20.55% | 1.51B | 7.36B |
| Q3 FY2017 | 30 Sept 2017 | 27.29% | 1.92B | 7.05B |
| Q2 FY2017 | 30 Jun 2017 | 27.31% | 1.91B | 6.99B |
| Q1 FY2017 | 31 Mar 2017 | 28.83% | 1.88B | 6.53B |
| Q4 FY2016 | 31 Dec 2016 | 28.99% | 1.80B | 6.19B |
| Q3 FY2016 | 30 Sept 2016 | 26.01% | 1.74B | 6.67B |
| Q2 FY2016 | 30 Jun 2016 | 25.39% | 1.68B | 6.62B |
| Q1 FY2016 | 31 Mar 2016 | 24.42% | 1.63B | 6.68B |
| Q4 FY2015 | 31 Dec 2015 | 25.12% | 1.64B | 6.51B |
| Q3 FY2015 | 30 Sept 2015 | 24.87% | 1.55B | 6.25B |
| Q2 FY2015 | 30 Jun 2015 | 22.51% | 1.53B | 6.78B |
| Q1 FY2015 | 31 Mar 2015 | 22.68% | 1.54B | 6.77B |
| Q4 FY2014 | 31 Dec 2014 | 21.22% | 1.50B | 7.05B |
| Q3 FY2014 | 30 Sept 2014 | 19.21% | 1.51B | 7.83B |
| Q2 FY2014 | 30 Jun 2014 | 17.91% | 1.46B | 8.15B |
| Q1 FY2014 | 31 Mar 2014 | 17.80% | 1.42B | 7.96B |
| Q4 FY2013 | 31 Dec 2013 | 17.52% | 1.39B | 7.91B |
| Q3 FY2013 | 30 Sept 2013 | 19.04% | 1.34B | 7.04B |
| Q2 FY2013 | 30 Jun 2013 | 19.60% | 1.33B | 6.78B |
| Q1 FY2013 | 31 Mar 2013 | 19.14% | 1.27B | 6.64B |
| Q4 FY2012 | 31 Dec 2012 | 18.36% | 1.20B | 6.54B |
| Q3 FY2012 | 30 Sept 2012 | 18.40% | 1.20B | 6.51B |
| Q2 FY2012 | 30 Jun 2012 | 17.31% | 1.09B | 6.27B |
| Q1 FY2012 | 31 Mar 2012 | 16.75% | 1.04B | 6.20B |
| Q4 FY2011 | 31 Dec 2011 | 17.25% | 1.02B | 5.88B |
| Q3 FY2011 | 30 Sept 2011 | 15.00% | 961.00M | 6.41B |
| Q2 FY2011 | 30 Jun 2011 | 14.78% | 994.00M | 6.73B |
| Q1 FY2011 | 31 Mar 2011 | 14.20% | 941.00M | 6.63B |
| Q4 FY2010 | 31 Dec 2010 | 13.54% | 862.00M | 6.37B |
| Q3 FY2010 | 30 Sept 2010 | 10.58% | 679.00M | 6.42B |
| Q2 FY2010 | 30 Jun 2010 | 12.20% | 732.00M | 6.00B |
| Q1 FY2010 | 31 Mar 2010 | 5.15% | 308.00M | 5.98B |
| Q4 FY2009 | 31 Dec 2009 | 4.05% | 236.00M | 5.83B |
| Q3 FY2009 | 30 Sept 2009 | 4.88% | 293.00M | 6.00B |
| Q2 FY2009 | 30 Jun 2009 | 1.12% | 64.00M | 5.73B |
| Q1 FY2009 | 31 Mar 2009 | 5.64% | 319.00M | 5.66B |
| Q4 FY2008 | 31 Dec 2008 | -1.19% | -68.00M | 5.72B |
| Q3 FY2008 | 30 Sept 2008 | -0.91% | -63.00M | 6.92B |
| Q2 FY2008 | 30 Jun 2008 | 25.09% | 1.89B | 7.53B |
| Q1 FY2008 | 31 Mar 2008 | 26.59% | 2.00B | 7.52B |
| Q4 FY2007 | 31 Dec 2007 | 31.64% | 2.48B | 7.82B |
| Q3 FY2007 | 30 Sept 2007 | 37.79% | 2.62B | 6.92B |
| Q2 FY2007 | 30 Jun 2007 | 14.97% | 847.00M | 5.66B |
| Q1 FY2007 | 31 Mar 2007 | 14.16% | 842.00M | 5.95B |
| Q4 FY2006 | 31 Dec 2006 | 17.01% | 990.00M | 5.82B |
| Q3 FY2006 | 30 Sept 2006 | 12.94% | 803.00M | 6.20B |
| Q2 FY2006 | 30 Jun 2006 | 11.50% | 692.00M | 6.02B |
| Q1 FY2006 | 31 Mar 2006 | 11.95% | 686.00M | 5.74B |
| Q4 FY2005 | 31 Dec 2005 | 7.54% | 404.00M | 5.36B |
| Q3 FY2005 | 30 Sept 2005 | -5.88% | -315.00M | 5.36B |
| Q2 FY2005 | 30 Jun 2005 | -7.17% | -359.00M | 5.01B |
| Q1 FY2005 | 31 Mar 2005 | -2.70% | -136.00M | 5.03B |
| Q4 FY2004 | 31 Dec 2004 | 3.48% | 176.00M | 5.06B |
| Q3 FY2004 | 30 Sept 2004 | 21.76% | 1.23B | 5.66B |
| Q2 FY2004 | 30 Jun 2004 | 27.86% | 1.57B | 5.62B |
| Q1 FY2004 | 31 Mar 2004 | 27.64% | 1.54B | 5.58B |
| Q4 FY2003 | 31 Dec 2003 | 28.25% | 1.54B | 5.45B |
| Q3 FY2003 | 30 Sept 2003 | 26.99% | 1.48B | 5.47B |
| Q2 FY2003 | 30 Jun 2003 | 26.05% | 1.42B | 5.45B |
| Q1 FY2003 | 31 Mar 2003 | 26.97% | 1.39B | 5.15B |
| Q4 FY2002 | 31 Dec 2002 | 27.20% | 1.37B | 5.02B |
| Q3 FY2002 | 30 Sept 2002 | 23.91% | 1.20B | 5.01B |
| Q2 FY2002 | 30 Jun 2002 | 21.16% | 1.07B | 5.04B |
| Q1 FY2002 | 31 Mar 2002 | 19.15% | 1.02B | 5.34B |
| Q4 FY2001 | 31 Dec 2001 | 18.83% | 974.00M | 5.17B |
| Q3 FY2001 | 30 Sept 2001 | 21.90% | 1.12B | 5.10B |
| Q2 FY2001 | 30 Jun 2001 | 23.54% | 1.23B | 5.23B |
| Q1 FY2001 | 31 Mar 2001 | 23.03% | 1.21B | 5.27B |
| Q4 FY2000 | 31 Dec 2000 | 22.59% | 1.18B | 5.23B |
| Q3 FY2000 | 30 Sept 2000 | 18.83% | 942.00M | 5.00B |
| Q2 FY2000 | 30 Jun 2000 | 19.03% | 883.00M | 4.64B |
| Q1 FY2000 | 31 Mar 2000 | 17.62% | 784.00M | 4.45B |
| Q4 FY1999 | 31 Dec 1999 | 17.41% | 726.00M | 4.17B |
| Q3 FY1999 | 30 Sept 1999 | 20.25% | 865.00M | 4.27B |
| Q2 FY1999 | 30 Jun 1999 | 20.29% | 828.00M | 4.08B |
| Q1 FY1999 | 31 Mar 1999 | 22.45% | 844.00M | 3.76B |
| Q4 FY1998 | 31 Dec 1998 | 21.75% | 796.00M | 3.66B |
| Q3 FY1998 | 30 Sept 1998 | 15.66% | 560.00M | 3.58B |
| Q2 FY1998 | 30 Jun 1998 | 14.60% | 514.00M | 3.52B |
| Q1 FY1998 | 31 Mar 1998 | 13.29% | 466.00M | 3.51B |
| Q4 FY1997 | 31 Dec 1997 | 12.35% | 399.40M | 3.23B |
| Q3 FY1997 | 30 Sept 1997 | 16.48% | 547.80M | 3.32B |
| Q2 FY1997 | 30 Jun 1997 | 16.04% | 510.40M | 3.18B |
| Q1 FY1997 | 31 Mar 1997 | 16.01% | 480.60M | 3.00B |
| Q4 FY1996 | 31 Dec 1996 | 24.32% | 459.30M | 1.89B |
| Q3 FY1996 | 30 Sept 1996 | 25.63% | 445.90M | 1.74B |
| Q2 FY1996 | 30 Jun 1996 | 23.99% | 434.60M | 1.81B |
| Q1 FY1996 | 31 Mar 1996 | 23.72% | 421.20M | 1.78B |
| Q4 FY1995 | 31 Dec 1995 | 24.19% | 402.90M | 1.67B |
| Q3 FY1995 | 30 Sept 1995 | 23.22% | 390.10M | 1.68B |
| Q2 FY1995 | 30 Jun 1995 | 23.64% | 382.20M | 1.62B |
| Q1 FY1995 | 31 Mar 1995 | 24.07% | 376.10M | 1.56B |
| Q4 FY1994 | 31 Dec 1994 | 25.43% | 371.50M | 1.46B |
| Q3 FY1994 | 30 Sept 1994 | 24.21% | 361.90M | 1.49B |
| Q2 FY1994 | 30 Jun 1994 | 24.88% | 354.60M | 1.43B |
| Q1 FY1994 | 31 Mar 1994 | 25.09% | 345.20M | 1.38B |
| Q4 FY1993 | 31 Dec 1993 | 24.35% | 332.40M | 1.37B |
| Q3 FY1993 | 30 Sept 1993 | 25.93% | 321.90M | 1.24B |
| Q2 FY1993 | 30 Jun 1993 | 27.16% | 315.50M | 1.16B |
| Q1 FY1993 | 31 Mar 1993 | 27.14% | 309.50M | 1.14B |
| Q4 FY1992 | 31 Dec 1992 | 27.55% | 303.80M | 1.10B |
| Q3 FY1992 | 30 Sept 1992 | 25.88% | 305.90M | 1.18B |
| Q2 FY1992 | 30 Jun 1992 | 27.64% | 310.20M | 1.12B |
| Q1 FY1992 | 31 Mar 1992 | 29.62% | 310.60M | 1.05B |
| Q4 FY1991 | 31 Dec 1991 | 29.52% | 305.50M | 1.04B |
| Q3 FY1991 | 30 Sept 1991 | 28.53% | 305.80M | 1.07B |
| Q2 FY1991 | 30 Jun 1991 | 29.76% | 306.40M | 1.03B |
| Q1 FY1991 | 31 Mar 1991 | 28.00% | 306.50M | 1.09B |
| Q4 FY1990 | 31 Dec 1990 | 28.02% | 304.10M | 1.09B |
| Q3 FY1990 | 30 Sept 1990 | 28.79% | 305.40M | 1.06B |
| Q2 FY1990 | 30 Jun 1990 | 30.26% | 304.30M | 1.01B |
| Q1 FY1990 | 31 Mar 1990 | 31.60% | 300.80M | 952.00M |
| Q4 FY1989 | 31 Dec 1989 | 33.78% | 294.90M | 873.00M |
| Q3 FY1989 | 30 Sept 1989 | — | 289.70M | — |
| Q2 FY1989 | 30 Jun 1989 | 36.71% | 290.80M | 792.10M |
| Q1 FY1989 | 31 Mar 1989 | — | 290.50M | — |
| Q4 FY1988 | 31 Dec 1988 | 39.24% | 296.30M | 755.10M |
| Q3 FY1988 | 30 Sept 1988 | — | 298.30M | — |
| Q2 FY1988 | 30 Jun 1988 | — | 301.40M | — |
| Q1 FY1988 | 31 Mar 1988 | — | 303.30M | — |
| Q4 FY1987 | 31 Dec 1987 | 38.16% | 302.10M | 791.70M |
| Q3 FY1987 | 30 Sept 1987 | — | 298.80M | — |
| Q2 FY1987 | 30 Jun 1987 | — | 285.30M | — |
| Q1 FY1987 | 31 Mar 1987 | — | 271.00M | — |
| Q4 FY1986 | 31 Dec 1986 | 38.08% | 243.20M | 638.70M |
| Q3 FY1986 | 30 Sept 1986 | — | 230.60M | — |
| Q2 FY1986 | 30 Jun 1986 | — | 208.70M | — |
| Q1 FY1986 | 31 Mar 1986 | — | — | — |
| Q4 FY1985 | 31 Dec 1985 | — | — | 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,Debt to equity,Current ratio,All ratios
Common questions about Marsh & McLennan Companies's ROE
Source: Financial Modeling PrepVerified against SEC filings