Marsh & McLennan Companies, Inc. (MMC) Quarterly Balance Sheet

120+ quarters historyFree accessUpdated daily

Marsh & McLennan Companies, Inc. (MMC) quarterly balance sheet — complete assets, liabilities & equity history

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21	Q1'21	Q4'20

Total Assets

58.78B

58.55B

57.02B

56.48B

49.86B

48.59B

47.57B

48.03B

48B

46.57B

34.36B

33.45B

32.02B

33.44B

33.69B

34.39B

32.98B

32.95B

32.27B

33.03B

Asset Growth %

17.89%

20.51%

19.85%

17.6%

3.88%

4.35%

38.46%

43.57%

49.89%

39.25%

1.99%

-2.72%

-2.91%

1.48%

4.38%

4.11%

0.68%

2.44%

2.81%

5.47%

Total Investment Assets

1000K

Long-Term Investments

493M

471M

541M

472M

466M

455M

2.05B

2.31B

2.33B

376M

377M

375M

390M

403M

2.27B

1.94B

1.91B

1.82B

1.77B

Short-Term Investments

Total Current Assets

23.7B

23.33B

22.46B

22.12B

22.29B

22.02B

21.3B

21.75B

22.28B

20.8B

9.11B

8.3B

7.57B

8.17B

7.79B

8.26B

7.88B

7.57B

7.55B

8.12B

Cash & Equivalents

2.51B

1.68B

1.6B

2.4B

1.8B

1.65B

1.45B

3.36B

2.9B

1.17B

1.01B

1.44B

802M

909M

772M

1.75B

1.4B

888M

1.12B

2.09B

Receivables

8.08B

8.46B

7.87B

7.16B

7.42B

7.74B

7.22B

6.42B

6.52B

6.99B

6.7B

5.85B

5.82B

6.29B

5.96B

5.59B

5.62B

5.84B

5.6B

5.33B

Other Current Assets

13.11B

13.2B

12.98B

12.56B

13.07B

12.63B

11.97B

12.86B

12.64B

1.41B

953M

974M

1.05B

926M

855M

846M

832M

701M

Goodwill & Intangibles

28.62B

28.69B

28.27B

28.13B

20.95B

20.15B

19.95B

19.86B

19.15B

19.13B

18.75B

18.79B

17.98B

18.5B

18.97B

19.13B

18.23B

18.49B

18.06B

18.22B

Goodwill

23.95B

23.92B

23.54B

23.31B

18.23B

17.52B

17.31B

17.23B

16.66B

16.62B

16.3B

16.25B

15.58B

15.96B

16.25B

16.32B

15.65B

15.78B

15.46B

15.52B

Intangible Assets

4.67B

4.77B

4.74B

4.82B

2.72B

2.64B

2.63B

2.5B

2.51B

2.45B

2.54B

2.4B

2.54B

2.72B

2.81B

2.59B

2.72B

2.6B

2.7B

PP&E (Net)

1.44B

2.32B

2.36B

2.37B

2.35B

2.37B

2.42B

2.38B

2.44B

2.45B

2.43B

2.48B

2.61B

2.69B

2.71B

2.72B

2.8B

2.65B

2.75B

Other Assets

4.78B

5.76B

3.24B

3.1B

3.54B

3.32B

3.23B

1.59B

1.53B

1.5B

3.29B

3.2B

3.08B

3.24B

3.3B

1.46B

1.52B

1.51B

1.48B

1.46B

Total Liabilities

43.42B

42.58B

42.75B

42.95B

35.98B

35.03B

34.95B

35.66B

36.41B

34.43B

23.16B

22.7B

22.23B

22.52B

22.53B

23.17B

23.09B

22.69B

22.68B

23.77B

Total Debt

21.43B

21.61B

22.42B

21.86B

14.78B

15.44B

15.38B

15.44B

15.6B

14.63B

14.98B

13.47B

13.28B

13.86B

13.9B

13.16B

12.98B

13.11B

13.45B

13.58B

Net Debt

18.91B

19.93B

20.82B

19.46B

12.98B

13.78B

13.93B

12.08B

12.69B

13.46B

13.97B

12.03B

12.48B

12.96B

13.13B

11.41B

11.59B

12.22B

12.33B

11.49B

Long-Term Debt

18.32B

18.96B

18.86B

19.43B

12.33B

12.28B

12.3B

11.84B

11.78B

10.25B

10.84B

11.23B

10.4B

10.49B

10.55B

10.93B

10.23B

10.26B

10.24B

10.8B

Short-Term Debt

1.26B

769M

1.67B

519M

518M

1.27B

1.17B

1.62B

1.87B

2.38B

2.11B

268M

967M

1.31B

1.19B

17M

516M

1.01B

517M

Total Current Liabilities

21.1B

19.4B

19.77B

19.52B

19.6B

18.86B

18.66B

19.8B

20.61B

19.81B

7.91B

17.83B

7.29B

7.02B

6.59B

6.65B

6.66B

5.82B

6.12B

6.56B

Accounts Payable

3.35B

3.43B

3.45B

3.4B

3.1B

3.21B

3.38B

3.4B

3.14B

3.41B

3.28B

2.9B

3.03B

3.08B

3.17B

2.83B

2.94B

3.05B

Deferred Revenue

Other Current Liabilities

16.15B

14.24B

13.38B

14.9B

14.71B

13.58B

13B

14.14B

14.46B

13.59B

1.44B

13.76B

2.4B

1.91B

1.4B

2.94B

2.37B

1.77B

1.22B

2.4B

Deferred Taxes

Other Liabilities

2.5B

2.67B

2.55B

2.41B

2.43B

2.3B

2.39B

2.36B

2.38B

2.67B

2.68B

-8.02B

2.92B

3.27B

3.56B

3.7B

4.31B

4.62B

4.46B

4.53B

Total Equity

15.36B

15.98B

14.27B

13.54B

13.88B

13.56B

12.62B

12.37B

11.59B

12.14B

11.2B

10.75B

9.79B

10.92B

11.16B

11.22B

9.89B

10.26B

9.6B

9.26B

Equity Growth %

10.64%

17.77%

13.04%

9.42%

19.82%

11.75%

12.74%

15.08%

18.33%

11.19%

0.36%

-4.21%

-0.98%

6.36%

16.26%

21.19%

11.99%

22.31%

28.79%

16.58%

Shareholders Equity

15.15B

15.77B

14.06B

13.34B

13.69B

13.37B

12.42B

12.19B

11.41B

11.96B

10.95B

10.52B

9.56B

10.69B

10.94B

11.01B

9.73B

10.11B

9.43B

9.1B

Minority Interest

206M

209M

203M

193M

194M

198M

200M

179M

180M

178M

243M

229M

226M

224M

219M

213M

154M

156M

162M

156M

Retained Earnings

26.95B

27.09B

25.88B

25.31B

24.52B

24.58B

23.46B

22.76B

22.01B

21.98B

20.95B

20.3B

19.84B

19.88B

18.92B

18.39B

17.59B

17.6B

16.78B

16.27B

Common Stock

561M

Accumulated OCI

-5.44B

-5.24B

-5.9B

-6.24B

-4.99B

-5.53B

-5.51B

-5.29B

-5.46B

-5.05B

-5.23B

-5.31B

-6.05B

-5.36B

-4.68B

-4.58B

-5.34B

-5.15B

-5.2B

-5.11B

Return on Equity (ROE)

4.77%

8.01%

9.93%

5.75%

5.44%

8.59%

11.2%

6.31%

6.15%

8.87%

11.26%

4.54%

5.27%

8.76%

9.57%

7.61%

5.33%

8.26%

10.43%

4.14%

Return on Assets (ROA)

1.27%

2.1%

2.43%

1.48%

1.52%

2.34%

2.93%

1.57%

1.54%

2.56%

3.64%

1.42%

1.67%

2.88%

3.15%

2.38%

1.63%

2.51%

3.01%

1.14%

Equity / Assets

26.13%

27.28%

25.02%

23.96%

27.84%

27.92%

26.53%

25.75%

24.14%

26.07%

32.59%

32.13%

30.57%

32.65%

33.12%

32.63%

29.98%

31.15%

29.73%

28.04%

Debt / Equity

1.40x

1.35x

1.57x

1.62x

1.06x

1.14x

1.22x

1.25x

1.35x

1.21x

1.34x

1.25x

1.36x

1.27x

1.25x

1.17x

1.31x

1.28x

1.40x

1.47x

Book Value per Share

31.09

32.27

28.82

27.29

27.99

27.35

25.40

24.84

23.22

24.33

22.39

21.46

19.47

21.58

21.92

21.96

19.27

20.01

18.67

18.05

Tangible BV per Share

-26.84

-25.68

-28.29

-29.42

-14.26

-13.28

-14.73

-15.04

-15.16

-14.01

-15.11

-16.05

-16.28

-14.99

-15.36

-15.47

-16.27

-16.04

-16.47

-17.46

Marsh & McLennan Companies, Inc. (MMC) Quarterly Balance Sheet

120+ quarters historyFree accessUpdated daily

Marsh & McLennan Companies, Inc. (MMC) quarterly balance sheet — complete assets, liabilities & equity history

Annual Quarterly

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21	Q2'21	Q1'21	Q4'20

Total Assets

58.78B

58.55B

57.02B

56.48B

49.86B

48.59B

47.57B

48.03B

48B

46.57B

34.36B

33.45B

32.02B

33.44B

33.69B

34.39B

32.98B

32.95B

32.27B

33.03B

Asset Growth %

17.89%

20.51%

19.85%

17.6%

3.88%

4.35%

38.46%

43.57%

49.89%

39.25%

1.99%

-2.72%

-2.91%

1.48%

4.38%

4.11%

0.68%

2.44%

2.81%

5.47%

Total Investment Assets

1000K

Long-Term Investments

493M

471M

541M

472M

466M

455M

2.05B

2.31B

2.33B

376M

377M

375M

390M

403M

2.27B

1.94B

1.91B

1.82B

1.77B

Short-Term Investments

Total Current Assets

23.7B

23.33B

22.46B

22.12B

22.29B

22.02B

21.3B

21.75B

22.28B

20.8B

9.11B

8.3B

7.57B

8.17B

7.79B

8.26B

7.88B

7.57B

7.55B

8.12B

Cash & Equivalents

2.51B

1.68B

1.6B

2.4B

1.8B

1.65B

1.45B

3.36B

2.9B

1.17B

1.01B

1.44B

802M

909M

772M

1.75B

1.4B

888M

1.12B

2.09B

Receivables

8.08B

8.46B

7.87B

7.16B

7.42B

7.74B

7.22B

6.42B

6.52B

6.99B

6.7B

5.85B

5.82B

6.29B

5.96B

5.59B

5.62B

5.84B

5.6B

5.33B

Other Current Assets

13.11B

13.2B

12.98B

12.56B

13.07B

12.63B

11.97B

12.86B

12.64B

1.41B

953M

974M

1.05B

926M

855M

846M

832M

701M

Goodwill & Intangibles

28.62B

28.69B

28.27B

28.13B

20.95B

20.15B

19.95B

19.86B

19.15B

19.13B

18.75B

18.79B

17.98B

18.5B

18.97B

19.13B

18.23B

18.49B

18.06B

18.22B

Goodwill

23.95B

23.92B

23.54B

23.31B

18.23B

17.52B

17.31B

17.23B

16.66B

16.62B

16.3B

16.25B

15.58B

15.96B

16.25B

16.32B

15.65B

15.78B

15.46B

15.52B

Intangible Assets

4.67B

4.77B

4.74B

4.82B

2.72B

2.64B

2.63B

2.5B

2.51B

2.45B

2.54B

2.4B

2.54B

2.72B

2.81B

2.59B

2.72B

2.6B

2.7B

PP&E (Net)

1.44B

2.32B

2.36B

2.37B

2.35B

2.37B

2.42B

2.38B

2.44B

2.45B

2.43B

2.48B

2.61B

2.69B

2.71B

2.72B

2.8B

2.65B

2.75B

Other Assets

4.78B

5.76B

3.24B

3.1B

3.54B

3.32B

3.23B

1.59B

1.53B

1.5B

3.29B

3.2B

3.08B

3.24B

3.3B

1.46B

1.52B

1.51B

1.48B

1.46B

Total Liabilities

43.42B

42.58B

42.75B

42.95B

35.98B

35.03B

34.95B

35.66B

36.41B

34.43B

23.16B

22.7B

22.23B

22.52B

22.53B

23.17B

23.09B

22.69B

22.68B

23.77B

Total Debt

21.43B

21.61B

22.42B

21.86B

14.78B

15.44B

15.38B

15.44B

15.6B

14.63B

14.98B

13.47B

13.28B

13.86B

13.9B

13.16B

12.98B

13.11B

13.45B

13.58B

Net Debt

18.91B

19.93B

20.82B

19.46B

12.98B

13.78B

13.93B

12.08B

12.69B

13.46B

13.97B

12.03B

12.48B

12.96B

13.13B

11.41B

11.59B

12.22B

12.33B

11.49B

Long-Term Debt

18.32B

18.96B

18.86B

19.43B

12.33B

12.28B

12.3B

11.84B

11.78B

10.25B

10.84B

11.23B

10.4B

10.49B

10.55B

10.93B

10.23B

10.26B

10.24B

10.8B

Short-Term Debt

1.26B

769M

1.67B

519M

518M

1.27B

1.17B

1.62B

1.87B

2.38B

2.11B

268M

967M

1.31B

1.19B

17M

516M

1.01B

517M

Total Current Liabilities

21.1B

19.4B

19.77B

19.52B

19.6B

18.86B

18.66B

19.8B

20.61B

19.81B

7.91B

17.83B

7.29B

7.02B

6.59B

6.65B

6.66B

5.82B

6.12B

6.56B

Accounts Payable

3.35B

3.43B

3.45B

3.4B

3.1B

3.21B

3.38B

3.4B

3.14B

3.41B

3.28B

2.9B

3.03B

3.08B

3.17B

2.83B

2.94B

3.05B

Deferred Revenue

Other Current Liabilities

16.15B

14.24B

13.38B

14.9B

14.71B

13.58B

13B

14.14B

14.46B

13.59B

1.44B

13.76B

2.4B

1.91B

1.4B

2.94B

2.37B

1.77B

1.22B

2.4B

Deferred Taxes

Other Liabilities

2.5B

2.67B

2.55B

2.41B

2.43B

2.3B

2.39B

2.36B

2.38B

2.67B

2.68B

-8.02B

2.92B

3.27B

3.56B

3.7B

4.31B

4.62B

4.46B

4.53B

Total Equity

15.36B

15.98B

14.27B

13.54B

13.88B

13.56B

12.62B

12.37B

11.59B

12.14B

11.2B

10.75B

9.79B

10.92B

11.16B

11.22B

9.89B

10.26B

9.6B

9.26B

Equity Growth %

10.64%

17.77%

13.04%

9.42%

19.82%

11.75%

12.74%

15.08%

18.33%

11.19%

0.36%

-4.21%

-0.98%

6.36%

16.26%

21.19%

11.99%

22.31%

28.79%

16.58%

Shareholders Equity

15.15B

15.77B

14.06B

13.34B

13.69B

13.37B

12.42B

12.19B

11.41B

11.96B

10.95B

10.52B

9.56B

10.69B

10.94B

11.01B

9.73B

10.11B

9.43B

9.1B

Minority Interest

206M

209M

203M

193M

194M

198M

200M

179M

180M

178M

243M

229M

226M

224M

219M

213M

154M

156M

162M

156M

Retained Earnings

26.95B

27.09B

25.88B

25.31B

24.52B

24.58B

23.46B

22.76B

22.01B

21.98B

20.95B

20.3B

19.84B

19.88B

18.92B

18.39B

17.59B

17.6B

16.78B

16.27B

Common Stock

561M

Accumulated OCI

-5.44B

-5.24B

-5.9B

-6.24B

-4.99B

-5.53B

-5.51B

-5.29B

-5.46B

-5.05B

-5.23B

-5.31B

-6.05B

-5.36B

-4.68B

-4.58B

-5.34B

-5.15B

-5.2B

-5.11B

Return on Equity (ROE)

4.77%

8.01%

9.93%

5.75%

5.44%

8.59%

11.2%

6.31%

6.15%

8.87%

11.26%

4.54%

5.27%

8.76%

9.57%

7.61%

5.33%

8.26%

10.43%

4.14%

Return on Assets (ROA)

1.27%

2.1%

2.43%

1.48%

1.52%

2.34%

2.93%

1.57%

1.54%

2.56%

3.64%

1.42%

1.67%

2.88%

3.15%

2.38%

1.63%

2.51%

3.01%

1.14%

Equity / Assets

26.13%

27.28%

25.02%

23.96%

27.84%

27.92%

26.53%

25.75%

24.14%

26.07%

32.59%

32.13%

30.57%

32.65%

33.12%

32.63%

29.98%

31.15%

29.73%

28.04%

Debt / Equity

1.40x

1.35x

1.57x

1.62x

1.06x

1.14x

1.22x

1.25x

1.35x

1.21x

1.34x

1.25x

1.36x

1.27x

1.25x

1.17x

1.31x

1.28x

1.40x

1.47x

Book Value per Share

31.09

32.27

28.82

27.29

27.99

27.35

25.40

24.84

23.22

24.33

22.39

21.46

19.47

21.58

21.92

21.96

19.27

20.01

18.67

18.05

Tangible BV per Share

-26.84

-25.68

-28.29

-29.42

-14.26

-13.28

-14.73

-15.04

-15.16

-14.01

-15.11

-16.05

-16.28

-14.99

-15.36

-15.47

-16.27

-16.04

-16.47

-17.46

MMC Balance Sheet

MMC Balance Sheet