Filing Flows › Marsh & McLennan Companies (MRSH) › Operating margin
Marsh & McLennan Companies (MRSH) operating margin by quarter
Marsh & McLennan Companies' operating margin was 17.7% in Q3 2026 (third quarter 2026), -7.9 pts from Q2 2026. Over the last 7 quarters it ranged from 17.7% (Q3 2026) to 28.4% (Q1 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 17.7% | -7.9 pts | -0.7 pts |
| Q2 2026 | 25.6% | +2.6 pts | -0.6 pts |
| Q1 2026 | 23.1% | +4.6 pts | -5.3 pts |
| Q4 2025 | 18.5% | +0.1 pts | — |
| Q3 2025 | 18.4% | -7.8 pts | — |
| Q2 2025 | 26.2% | -2.2 pts | — |
| Q1 2025 | 28.4% | — | — |
Q3 2026 at a glance
Marsh & McLennan Companies, Q3 2026: revenue $6.9B (+8% year over year), operating margin 17.7%, net earnings $808M, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.
Questions
What is Marsh & McLennan Companies' operating margin?
Marsh & McLennan Companies' operating margin was 17.7% in Q3 2026 (third quarter 2026), -7.9 pts from Q2 2026.
How has Marsh & McLennan Companies' operating margin changed?
Over the last 7 quarters it ranged from 17.7% (Q3 2026) to 28.4% (Q1 2025).
Q3 2026 results → · How Marsh & McLennan Companies makes money →