Marsh & McLennan Companies shares outstanding 1985–2026What are shares outstanding? Shares outstanding are all the shares a company has issued that investors hold, insiders included. Their number times the share price is the market value.
Marsh & McLennan Companies had 477,211,268 shares outstanding on 14 November 2026. Marsh & McLennan Companies had 484.75M diluted shares on average over the last twelve months, down 2.1% on the twelve months before. In fiscal year 2025 the average was 490.00M.
Last updated 11 Nov 2026 · Next report 28 Jan 2027
Shares outstanding
Change on the year
| Fiscal year | Period ending | Shares outstanding | Change on the year | Basic shares |
|---|---|---|---|---|
| TTM | 30 Sept 2026 | 484.75M | -2.07% | 482.25M |
| FY2025 | 31 Dec 2025 | 490.00M | -1.21% | 487.00M |
| FY2024 | 31 Dec 2024 | 496.00M | -0.60% | 492.00M |
| FY2023 | 31 Dec 2023 | 499.00M | -1.19% | 494.00M |
| FY2022 | 31 Dec 2022 | 505.00M | -1.56% | 499.00M |
| FY2021 | 31 Dec 2021 | 513.00M | +0.20% | 507.00M |
| FY2020 | 31 Dec 2020 | 512.00M | +0.20% | 506.00M |
| FY2019 | 31 Dec 2019 | 511.00M | 0.00% | 506.00M |
| FY2018 | 31 Dec 2018 | 511.00M | -1.54% | 506.00M |
| FY2017 | 31 Dec 2017 | 519.00M | -0.95% | 513.00M |
| FY2016 | 31 Dec 2016 | 524.00M | -2.24% | 519.00M |
| FY2015 | 31 Dec 2015 | 536.00M | -3.07% | 531.00M |
| FY2014 | 31 Dec 2014 | 553.00M | -0.90% | 545.00M |
| FY2013 | 31 Dec 2013 | 558.00M | +1.09% | 549.00M |
| FY2012 | 31 Dec 2012 | 552.00M | +0.18% | 544.00M |
| FY2011 | 31 Dec 2011 | 551.00M | +1.29% | 542.00M |
| FY2010 | 31 Dec 2010 | 544.00M | +3.82% | 540.00M |
| FY2009 | 31 Dec 2009 | 524.00M | +1.75% | 522.00M |
| FY2008 | 31 Dec 2008 | 515.00M | -5.68% | 514.00M |
| FY2007 | 31 Dec 2007 | 546.00M | -1.97% | 539.00M |
| FY2006 | 31 Dec 2006 | 557.00M | +2.58% | 549.00M |
| FY2005 | 31 Dec 2005 | 543.00M | +1.50% | 538.00M |
| FY2004 | 31 Dec 2004 | 535.00M | -2.37% | 526.00M |
| FY2003 | 31 Dec 2003 | 548.00M | -1.62% | 533.00M |
| FY2002 | 31 Dec 2002 | 557.00M | -2.78% | 541.00M |
| FY2001 | 31 Dec 2001 | 572.94M | +0.87% | 550.00M |
| FY2000 | 31 Dec 2000 | 568.00M | +4.41% | 544.00M |
| FY1999 | 31 Dec 1999 | 544.00M | +3.03% | 526.00M |
| FY1998 | 31 Dec 1998 | 528.00M | +5.24% | 512.00M |
| FY1997 | 31 Dec 1997 | 501.73M | +13.68% | 490.40M |
| FY1996 | 31 Dec 1996 | 441.35M | -0.32% | 435.07M |
| FY1995 | 31 Dec 1995 | 442.75M | +0.26% | 437.93M |
| FY1994 | 31 Dec 1994 | 441.60M | +0.30% | 441.60M |
| FY1993 | 31 Dec 1993 | 440.26M | +1.84% | 440.26M |
| FY1992 | 31 Dec 1992 | 432.30M | -1.65% | 432.30M |
| FY1991 | 31 Dec 1991 | 439.57M | +0.46% | 439.57M |
| FY1990 | 31 Dec 1990 | 437.55M | +1.64% | 437.55M |
| FY1989 | 31 Dec 1989 | 430.51M | -0.47% | 430.51M |
| FY1988 | 31 Dec 1988 | 432.55M | -3.35% | 432.55M |
| FY1987 | 31 Dec 1987 | 447.56M | +1.22% | 447.56M |
| FY1986 | 31 Dec 1986 | 442.18M | +1.79% | 442.18M |
| FY1985 | 31 Dec 1985 | 434.40M | — | 434.40M |
| Quarter | Period ending | Shares outstanding | Growth on a year before | Basic shares |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 479.00M | -3.04% | 476.00M |
| Q2 FY2026 | 30 Jun 2026 | 484.00M | -2.22% | 482.00M |
| Q1 FY2026 | 31 Mar 2026 | 486.00M | -1.82% | 484.00M |
| Q4 FY2025 | 31 Dec 2025 | 490.00M | -1.21% | 487.00M |
| Q3 FY2025 | 30 Sept 2025 | 494.00M | -0.40% | 491.00M |
| Q2 FY2025 | 30 Jun 2025 | 495.00M | -0.20% | 492.00M |
| Q1 FY2025 | 31 Mar 2025 | 495.00M | -0.40% | 492.00M |
| Q4 FY2024 | 31 Dec 2024 | 496.00M | -0.40% | 492.00M |
| Q3 FY2024 | 30 Sept 2024 | 496.00M | -0.60% | 492.00M |
| Q2 FY2024 | 30 Jun 2024 | 496.00M | -0.60% | 492.00M |
| Q1 FY2024 | 31 Mar 2024 | 497.00M | -0.60% | 492.00M |
| Q4 FY2023 | 31 Dec 2023 | 498.00M | -0.60% | 493.00M |
| Q3 FY2023 | 30 Sept 2023 | 499.00M | -0.80% | 494.00M |
| Q2 FY2023 | 30 Jun 2023 | 499.00M | -1.38% | 495.00M |
| Q1 FY2023 | 31 Mar 2023 | 500.00M | -1.77% | 495.00M |
| Q4 FY2022 | 31 Dec 2022 | 501.00M | -1.96% | 496.00M |
| Q3 FY2022 | 30 Sept 2022 | 503.00M | -1.95% | 498.00M |
| Q2 FY2022 | 30 Jun 2022 | 506.00M | -1.36% | 501.00M |
| Q1 FY2022 | 31 Mar 2022 | 509.00M | -0.97% | 503.00M |
| Q4 FY2021 | 31 Dec 2021 | 511.00M | -0.39% | 504.00M |
| Q3 FY2021 | 30 Sept 2021 | 513.00M | +0.20% | 506.00M |
| Q2 FY2021 | 30 Jun 2021 | 513.00M | +0.39% | 508.00M |
| Q1 FY2021 | 31 Mar 2021 | 514.00M | +0.78% | 509.00M |
| Q4 FY2020 | 31 Dec 2020 | 513.00M | +0.59% | 507.00M |
| Q3 FY2020 | 30 Sept 2020 | 512.00M | +0.20% | 507.00M |
| Q2 FY2020 | 30 Jun 2020 | 511.00M | -0.20% | 506.00M |
| Q1 FY2020 | 31 Mar 2020 | 510.00M | -0.20% | 505.00M |
| Q4 FY2019 | 31 Dec 2019 | 510.00M | +0.20% | 504.00M |
| Q3 FY2019 | 30 Sept 2019 | 511.00M | +0.20% | 506.00M |
| Q2 FY2019 | 30 Jun 2019 | 512.00M | 0.00% | 507.00M |
| Q1 FY2019 | 31 Mar 2019 | 511.00M | -0.58% | 505.00M |
| Q4 FY2018 | 31 Dec 2018 | 509.00M | -1.55% | 504.00M |
| Q3 FY2018 | 30 Sept 2018 | 510.00M | -1.73% | 504.00M |
| Q2 FY2018 | 30 Jun 2018 | 512.00M | -1.54% | 507.00M |
| Q1 FY2018 | 31 Mar 2018 | 514.00M | -1.53% | 508.00M |
| Q4 FY2017 | 31 Dec 2017 | 517.00M | -0.77% | 510.00M |
| Q3 FY2017 | 30 Sept 2017 | 519.00M | -0.76% | 512.00M |
| Q2 FY2017 | 30 Jun 2017 | 520.00M | -0.95% | 514.00M |
| Q1 FY2017 | 31 Mar 2017 | 522.00M | -0.76% | 515.00M |
| Q4 FY2016 | 31 Dec 2016 | 521.00M | -1.14% | 515.00M |
| Q3 FY2016 | 30 Sept 2016 | 523.00M | -1.88% | 518.00M |
| Q2 FY2016 | 30 Jun 2016 | 525.00M | -2.96% | 521.00M |
| Q1 FY2016 | 31 Mar 2016 | 526.00M | -3.49% | 521.00M |
| Q4 FY2015 | 31 Dec 2015 | 527.00M | -3.83% | 522.00M |
| Q3 FY2015 | 30 Sept 2015 | 533.00M | -3.27% | 528.00M |
| Q2 FY2015 | 30 Jun 2015 | 541.00M | -2.70% | 535.00M |
| Q1 FY2015 | 31 Mar 2015 | 545.00M | -1.98% | 539.00M |
| Q4 FY2014 | 31 Dec 2014 | 548.00M | -1.62% | 541.00M |
| Q3 FY2014 | 30 Sept 2014 | 551.00M | -1.25% | 544.00M |
| Q2 FY2014 | 30 Jun 2014 | 556.00M | -0.54% | 549.00M |
| Q1 FY2014 | 31 Mar 2014 | 556.00M | -0.18% | 548.00M |
| Q4 FY2013 | 31 Dec 2013 | 557.00M | +0.54% | 548.00M |
| Q3 FY2013 | 30 Sept 2013 | 558.00M | +1.09% | 549.00M |
| Q2 FY2013 | 30 Jun 2013 | 559.00M | +1.08% | 551.00M |
| Q1 FY2013 | 31 Mar 2013 | 557.00M | +1.09% | 548.00M |
| Q4 FY2012 | 31 Dec 2012 | 554.00M | +2.21% | 545.00M |
| Q3 FY2012 | 30 Sept 2012 | 552.00M | +0.55% | 544.00M |
| Q2 FY2012 | 30 Jun 2012 | 553.00M | -0.36% | 545.00M |
| Q1 FY2012 | 31 Mar 2012 | 551.00M | -0.18% | 542.00M |
| Q4 FY2011 | 31 Dec 2011 | 542.00M | -0.37% | 539.00M |
| Q3 FY2011 | 30 Sept 2011 | 549.00M | +0.18% | 540.00M |
| Q2 FY2011 | 30 Jun 2011 | 555.00M | +1.83% | 547.00M |
| Q1 FY2011 | 31 Mar 2011 | 552.00M | +2.99% | 544.00M |
| Q4 FY2010 | 31 Dec 2010 | 544.00M | +2.06% | 543.00M |
| Q3 FY2010 | 30 Sept 2010 | 548.00M | +4.18% | 543.00M |
| Q2 FY2010 | 30 Jun 2010 | 545.00M | +4.21% | 541.00M |
| Q1 FY2010 | 31 Mar 2010 | 536.00M | +4.08% | 533.00M |
| Q4 FY2009 | 31 Dec 2009 | 533.00M | +3.50% | 525.00M |
| Q3 FY2009 | 30 Sept 2009 | 526.00M | +0.57% | 524.00M |
| Q2 FY2009 | 30 Jun 2009 | 523.00M | +2.15% | 522.00M |
| Q1 FY2009 | 31 Mar 2009 | 515.00M | -0.77% | 515.00M |
| Q4 FY2008 | 31 Dec 2008 | 515.00M | -0.77% | 514.00M |
| Q3 FY2008 | 30 Sept 2008 | 523.00M | -3.15% | 513.00M |
| Q2 FY2008 | 30 Jun 2008 | 512.00M | -8.24% | 512.00M |
| Q1 FY2008 | 31 Mar 2008 | 519.00M | -7.65% | 519.00M |
| Q4 FY2007 | 31 Dec 2007 | 519.00M | -6.15% | 519.00M |
| Q3 FY2007 | 30 Sept 2007 | 540.00M | -2.53% | 534.00M |
| Q2 FY2007 | 30 Jun 2007 | 558.00M | +0.54% | 548.00M |
| Q1 FY2007 | 31 Mar 2007 | 562.00M | +1.26% | 553.00M |
| Q4 FY2006 | 31 Dec 2006 | 553.00M | +1.10% | 549.00M |
| Q3 FY2006 | 30 Sept 2006 | 554.00M | +1.84% | 550.00M |
| Q2 FY2006 | 30 Jun 2006 | 555.00M | +3.16% | 549.00M |
| Q1 FY2006 | 31 Mar 2006 | 555.00M | +3.54% | 547.00M |
| Q4 FY2005 | 31 Dec 2005 | 547.00M | +3.01% | 547.00M |
| Q3 FY2005 | 30 Sept 2005 | 544.00M | +2.06% | 539.00M |
| Q2 FY2005 | 30 Jun 2005 | 538.00M | +0.75% | 535.00M |
| Q1 FY2005 | 31 Mar 2005 | 536.00M | -0.74% | 531.00M |
| Q4 FY2004 | 31 Dec 2004 | 531.00M | +1.14% | 531.00M |
| Q3 FY2004 | 30 Sept 2004 | 533.00M | -3.09% | 521.00M |
| Q2 FY2004 | 30 Jun 2004 | 534.00M | -3.26% | 522.00M |
| Q1 FY2004 | 31 Mar 2004 | 540.00M | -1.28% | 525.00M |
| Q4 FY2003 | 31 Dec 2003 | 525.00M | -2.05% | 525.00M |
| Q3 FY2003 | 30 Sept 2003 | 550.00M | +0.36% | 531.00M |
| Q2 FY2003 | 30 Jun 2003 | 552.00M | -1.78% | 534.00M |
| Q1 FY2003 | 31 Mar 2003 | 547.00M | -3.70% | 536.00M |
| Q4 FY2002 | 31 Dec 2002 | 536.00M | -2.19% | 536.00M |
| Q3 FY2002 | 30 Sept 2002 | 548.00M | -3.69% | 535.00M |
| Q2 FY2002 | 30 Jun 2002 | 562.00M | -2.09% | 545.00M |
| Q1 FY2002 | 31 Mar 2002 | 568.00M | -1.39% | 548.00M |
| Q4 FY2001 | 31 Dec 2001 | 548.00M | -0.72% | 547.00M |
| Q3 FY2001 | 30 Sept 2001 | 569.00M | -0.52% | 548.00M |
| Q2 FY2001 | 30 Jun 2001 | 574.00M | +1.41% | 552.00M |
| Q1 FY2001 | 31 Mar 2001 | 576.00M | +2.86% | 552.00M |
| Q4 FY2000 | 31 Dec 2000 | 552.00M | +2.99% | 552.00M |
| Q3 FY2000 | 30 Sept 2000 | 572.00M | +5.93% | 544.00M |
| Q2 FY2000 | 30 Jun 2000 | 566.00M | +5.20% | 540.00M |
| Q1 FY2000 | 31 Mar 2000 | 560.00M | +3.37% | 536.00M |
| Q4 FY1999 | 31 Dec 1999 | 536.00M | +3.74% | 536.00M |
| Q3 FY1999 | 30 Sept 1999 | 540.00M | +0.16% | 524.00M |
| Q2 FY1999 | 30 Jun 1999 | 538.00M | +0.35% | 520.00M |
| Q1 FY1999 | 31 Mar 1999 | 541.75M | +2.02% | 516.67M |
| Q4 FY1998 | 31 Dec 1998 | 516.67M | +0.65% | 510.18M |
| Q3 FY1998 | 30 Sept 1998 | 539.13M | +3.98% | 509.59M |
| Q2 FY1998 | 30 Jun 1998 | 536.11M | +5.37% | 514.67M |
| Q1 FY1998 | 31 Mar 1998 | 531.03M | +17.90% | 513.33M |
| Q4 FY1997 | 31 Dec 1997 | 513.33M | +17.09% | 513.33M |
| Q3 FY1997 | 30 Sept 1997 | 518.52M | +18.76% | 509.09M |
| Q2 FY1997 | 30 Jun 1997 | 508.77M | +14.83% | 500.00M |
| Q1 FY1997 | 31 Mar 1997 | 450.41M | +2.29% | 438.40M |
| Q4 FY1996 | 31 Dec 1996 | 438.40M | -0.43% | 435.83M |
| Q3 FY1996 | 30 Sept 1996 | 436.60M | +0.42% | 427.50M |
| Q2 FY1996 | 30 Jun 1996 | 443.08M | +2.28% | 434.72M |
| Q1 FY1996 | 31 Mar 1996 | 440.31M | +0.55% | 440.31M |
| Q4 FY1995 | 31 Dec 1995 | 440.31M | +0.55% | 440.31M |
| Q3 FY1995 | 30 Sept 1995 | 434.76M | -0.95% | 434.76M |
| Q2 FY1995 | 30 Jun 1995 | 433.19M | -2.68% | 433.19M |
| Q1 FY1995 | 31 Mar 1995 | 437.89M | -1.64% | 437.89M |
| Q4 FY1994 | 31 Dec 1994 | 437.89M | +0.70% | 437.89M |
| Q3 FY1994 | 30 Sept 1994 | 438.95M | +0.94% | 438.95M |
| Q2 FY1994 | 30 Jun 1994 | 445.12M | +0.58% | 445.12M |
| Q1 FY1994 | 31 Mar 1994 | 445.19M | +1.56% | 445.19M |
| Q4 FY1993 | 31 Dec 1993 | 434.86M | +2.94% | 434.86M |
| Q3 FY1993 | 30 Sept 1993 | 434.86M | +2.94% | 434.86M |
| Q2 FY1993 | 30 Jun 1993 | 442.56M | +1.96% | 442.56M |
| Q1 FY1993 | 31 Mar 1993 | 438.37M | +1.29% | 438.37M |
| Q4 FY1992 | 31 Dec 1992 | 422.42M | -2.96% | 422.42M |
| Q3 FY1992 | 30 Sept 1992 | 422.42M | -2.96% | 422.42M |
| Q2 FY1992 | 30 Jun 1992 | 434.05M | -0.50% | 434.05M |
| Q1 FY1992 | 31 Mar 1992 | 432.77M | -1.44% | 432.77M |
| Q4 FY1991 | 31 Dec 1991 | 435.29M | -0.80% | 435.29M |
| Q3 FY1991 | 30 Sept 1991 | 435.29M | -0.80% | 435.29M |
| Q2 FY1991 | 30 Jun 1991 | 436.22M | -0.12% | 436.22M |
| Q1 FY1991 | 31 Mar 1991 | 439.09M | +0.22% | 439.09M |
| Q4 FY1990 | 31 Dec 1990 | 438.82M | +2.02% | 436.53M |
| Q3 FY1990 | 30 Sept 1990 | 438.82M | +2.02% | 438.82M |
| Q2 FY1990 | 30 Jun 1990 | 436.76M | +1.70% | 436.76M |
| Q1 FY1990 | 31 Mar 1990 | 438.14M | +1.73% | 438.14M |
| Q4 FY1989 | 31 Dec 1989 | 430.13M | -0.66% | 430.13M |
| Q3 FY1989 | 30 Sept 1989 | 430.13M | -0.66% | 430.13M |
| Q2 FY1989 | 30 Jun 1989 | 429.44M | -1.80% | 429.44M |
| Q1 FY1989 | 31 Mar 1989 | 430.70M | -4.15% | 430.70M |
| Q4 FY1988 | 31 Dec 1988 | 432.98M | -3.30% | 428.88M |
| Q3 FY1988 | 30 Sept 1988 | 432.98M | -3.30% | 432.98M |
| Q2 FY1988 | 30 Jun 1988 | 437.33M | -2.20% | 437.33M |
| Q1 FY1988 | 31 Mar 1988 | 449.37M | +1.33% | 449.37M |
| Q4 FY1987 | 31 Dec 1987 | 447.77M | +0.86% | 442.91M |
| Q3 FY1987 | 30 Sept 1987 | 447.77M | +0.86% | 447.77M |
| Q2 FY1987 | 30 Jun 1987 | 447.14M | +1.17% | 447.14M |
| Q1 FY1987 | 31 Mar 1987 | 443.47M | +0.85% | 443.47M |
| Q4 FY1986 | 31 Dec 1986 | 443.95M | +1.40% | 443.05M |
| Q3 FY1986 | 30 Sept 1986 | 443.95M | +1.40% | 443.95M |
| Q2 FY1986 | 30 Jun 1986 | 441.99M | — | 441.99M |
| Q1 FY1986 | 31 Mar 1986 | 439.75M | — | 439.75M |
| Q4 FY1985 | 31 Dec 1985 | 437.81M | — | 437.81M |
| Q3 FY1985 | 30 Sept 1985 | 437.81M | — | 437.81M |
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,Net income,EPS,Operating income,Cash on hand,Total debt,Free cash flow,Stock buybacks,Income statement
Common questions about Marsh & McLennan Companies's shares
Source: Financial Modeling PrepVerified against SEC filings
