What is the 13F Pro Quality Score for MRSH?

13F Pro ranks MARSH & MCLENNAN COMPANIES, INC. (MRSH) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View MRSH's current score at https://13fpro.ai/company/MRSH (free sign-up required for the full ranking).

Which hedge funds own the most MRSH stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of MRSH include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/MRSH as soon as new 13F filings post.

Where does 13F Pro source MRSH data?

All MARSH & MCLENNAN COMPANIES, INC. fundamentals and ownership data come directly from SEC EDGAR. MARSH & MCLENNAN COMPANIES, INC. files with the SEC under CIK 62709. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is MRSH in?

MARSH & MCLENNAN COMPANIES, INC. (MRSH) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What drives MRSH's revenue?

Per MARSH & MCLENNAN COMPANIES, INC.'s latest 10-Q filed with the SEC on 2026-07-21, the biggest revenue drivers are: Risk and Insurance Services ($4,823M, +4% YoY); Consulting ($2,602M, +10% YoY); Marsh Risk ($4,071M, +6% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/MRSH.

What are MRSH's largest expenses?

MARSH & MCLENNAN COMPANIES, INC.'s latest 10-Q reports these as the largest expense items: Compensation and benefits ($4,141M); Other operating expenses ($1,364M); Interest expense ($250M). Sourced directly from SEC EDGAR filing text for Q2 2026 (quarter ended June 30, 2026).

How often is MRSH research updated on 13F Pro?

MRSH's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

MARSH & MCLENNAN COMPANIES, INC.(MRSH)Stock Analysis

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13F Pro Quality Score

66.2/100

Rank #431 of 2,961 stocksTOP 25%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

53.5/100

Profitability

68.8/100

Balance Sheet

76.4/100

Earnings Quality

54.3/100

Free Cash Flow

68.4/100

Institutional Flow

55.8/100

Revenue Scale

94.8/100

Dilution Risk

47.0/100

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Why MRSH Scores 66/100

exact factor attribution · 2026-09-11

MRSH's composite is driven by scale and profitability, held back by earnings growth. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Scale

+9.0 pts

95th pct

Profitability

+3.8 pts

69th pct

Capital efficiency

+3.5 pts

76th pct

Free cash flow

+2.8 pts

68th pct

Revenue growth

+0.9 pts

54th pct

Earnings quality

+0.4 pts

54th pct

Institutional flow

+0.4 pts

56th pct

Shareholder dilution

-0.2 pts

47th pct

Earnings growth

-1.1 pts

33th pct

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

MRSH Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for MARSH & MCLENNAN COMPANIES, INC. (MRSH), a Financials sector company. 13F Pro's AI-powered ranking engine scores MRSH at 66.2/100 on a 32-signal composite quality model, placing it at rank #431 of 2,961 stocks — the top 25% of the AI-ranked universe. MRSH scores in the top quartile across revenue scale (94.8), balance sheet strength (76.4). Shareholder dilution risk is elevated at 47.0/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), MARSH & MCLENNAN COMPANIES, INC. reports quarterly revenue of $7.4B, net income of $1.3B, an operating margin of 25.7%. Top institutional holders of MRSH by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. MRSH trades on the NYSE exchange and files with the SEC under CIK 62709. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate MRSH daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for MARSH & MCLENNAN COMPANIES, INC. directly from SEC EDGAR. MARSH & MCLENNAN COMPANIES, INC.'s 13F Pro composite quality score has ranged between 66 and 77 since 2024, currently 66.2 — a declining long-term trajectory across 56 quarterly and live scoring snapshots.

✦

Fun facts about MARSH & MCLENNAN COMPANIES, INC.

Quirks, history, and lore behind MRSH — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. financial services company · large-cap · listed on the NYSE · headquartered in New York City.
2
The Numbers
Annual revenue north of $20 billion and roughly 85,000 employees worldwide — one of the largest professional services firms on the planet.
3
The History
Its roots trace back to the early 20th century, growing through decades of acquisitions into a global powerhouse spanning risk, strategy, and human capital.
4
The Secret
It's really four businesses in a trench coat: insurance brokerage, reinsurance, management consulting, and HR consulting all live under one roof.
5
The Lore
Its subsidiary Oliver Wyman is a top-tier strategy consultancy, and another arm advises governments on catastrophe risk modeling — if a hurricane has a price tag, they probably calculated it.
6
The Giveaway
The world's largest insurance broker and risk advisor, its name combines two founding surnames — and its other subsidiaries include Mercer and Guy Carpenter.

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What's Driving MRSH's Business? Latest 10-Q Breakdown

✓ 25/25 datapoints verified

AI-extracted from MARSH & MCLENNAN COMPANIES, INC.'s 10-Q filed 2026-07-21 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Revenue rose 6% to $7.4B and operating income 4% to $1.9B, as Consulting grew 10% while Guy Carpenter fell 2% on softening reinsurance rates.

Biggest Revenue Drivers

Risk and Insurance Services$4,823M+4% YoY

Underlying growth of 3% driven by growth at Marsh Risk

Consulting$2,602M+10% YoY

Underlying growth of 8%, driven by growth in both Mercer and Marsh Management Consulting

Biggest Revenue Drivers

Total revenue: $7.4B+6% YoY

Risk and Insurance Services$4,823M+4% YoY

Underlying growth of 3% driven by growth at Marsh Risk

Within Risk and Insurance Services

Marsh Risk$4,071M+6% YoY

Higher new business and renewal revenue, partially offset by declining insurance premium rates

Guy Carpenter$664M-2% YoY

Decrease driven primarily by declining reinsurance premium rates

Consulting$2,602M+10% YoY

Underlying growth of 8%, driven by growth in both Mercer and Marsh Management Consulting

Within Consulting

Marsh Management Consulting$1,004M+15% YoY

Underlying growth of 13%, driven by growth in most regions

Largest Expense Items

Compensation and benefits$4,141M

Increased compensation and benefits driven by higher base salaries and incentive compensation

Other operating expenses$1,364M

Includes acquisition related expenses of approximately $55 million and restructuring costs

Interest expense$250M

Increased $7 million, reflecting primarily higher short-term debt levels

Restructuring costs$58M

Primarily severance under the three-year Thrive program, versus $18 million a year earlier

Margins: Risk and Insurance Services operating margin slipped to 30.6% from 31.2%, while Consulting margin was roughly flat at 19.3% versus 19.2%; consolidated operating expenses rose 7% against 6% revenue growth.

Watch Items from the Filing

Greensill Australian proceedings: Credit Suisse claims approximately $2 billion plus interest; Company recorded a $425 million gross liability in Q1 2026; trial scheduled September 2026.
Guy Carpenter revenue declined 2% to $664 million on declining reinsurance premium rates; Marsh Risk growth also partly offset by falling insurance premium rates.
Fiduciary interest income fell $11 million to $88 million on lower average interest rates, a headwind to Risk and Insurance Services revenue.
Thrive program: approximately $500 million of cost over three years for roughly $400 million of annualized savings; $239 million incurred through June 30, 2026.
Repurchased 4.5 million shares for $750 million in the quarter with $4.2 billion remaining authorized; quarterly dividend raised to $0.990 per share.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$7.4B

Net Income

Q2 2026

$1.3B

Free Cash Flow

Q2 2026

$1.5B

Operating Margin

Q2 2026

25.7%

ROIC

Q2 2026

19.8%

D/E Ratio

Q2 2026

1.48

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+10.3% YoY

$26.98BFY 2025

FY22 $20.72BFY23 $22.74BFY24 $24.46BFY25 $26.98B

Net Income

+2.5% YoY

$4.16BFY 2025

FY22 $3.05BFY23 $3.76BFY24 $4.06BFY25 $4.16B

Operating Income

+7.0% YoY

$6.22BFY 2025

FY22 $4.28BFY23 $5.28BFY24 $5.82BFY25 $6.22B

EPS (Diluted)

+3.1% YoY

$8.43FY 2025

FY22 $6.04FY23 $7.53FY24 $8.18FY25 $8.43

Total Assets

+3.9% YoY

$58.71BFY 2025

FY22 $44.11BFY23 $48.03BFY24 $56.48BFY25 $58.71B

Total Debt

+5.4% YoY

$22.12BFY 2025

FY22 $12.30BFY23 $16.70BFY24 $20.98BFY25 $22.12B

Op. Cash Flow

+23.0% YoY

$5.29BFY 2025

FY22 $3.46BFY23 $4.26BFY24 $4.30BFY25 $5.29B

Free Cash Flow

+25.5% YoY

$5.00BFY 2025

FY22 $3.00BFY23 $3.84BFY24 $3.99BFY25 $5.00B

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$26.98B +10.3%	$24.46B +7.6%	$22.74B +9.7%	$20.72B +4.5%	$19.82B +15.1%	$17.22B
Net Income	$4.16B +2.5%	$4.06B +8.1%	$3.76B +23.1%	$3.05B -3.0%	$3.14B +55.9%	$2.02B
Operating Income	$6.22B +7.0%	$5.82B +10.1%	$5.28B +23.4%	$4.28B -0.7%	$4.31B +40.6%	$3.07B
EPS (Diluted)	$8.43 +3.1%	$8.18 +8.6%	$7.53 +24.7%	$6.04 -1.5%	$6.13 +55.6%	$3.94
Total Assets	$58.71B +3.9%	$56.48B +17.6%	$48.03B +8.9%	$44.11B +0.2%	$44.01B +33.2%	$33.05B
Total Debt	$22.12B +5.4%	$20.98B +25.7%	$16.70B +35.8%	$12.30B +11.8%	$11.00B -14.5%	$12.86B
Operating Cash Flow	$5.29B +23.0%	$4.30B +1.0%	$4.26B +22.9%	$3.46B -1.5%	$3.52B +4.0%	$3.38B
Free Cash Flow	$5.00B +25.5%	$3.99B +3.7%	$3.84B +28.3%	$3.00B -3.7%	$3.11B +2.5%	$3.03B

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Available Research

13F Pro tracks comprehensive data for MARSH & MCLENNAN COMPANIES, INC. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of MRSH

BlackRock, Inc.
$6.6B39,502,046 sh
VANGUARD CAPITAL MANAGEMENT LLC
$5.2B31,472,575 sh
STATE STREET CORP
$3.7B22,401,676 sh
Capital World Investors
$3.0B18,122,340 sh
WELLINGTON MANAGEMENT GROUP LLP
$2.8B16,975,238 sh
Capital International Investors
$2.6B15,729,457 sh
GEODE CAPITAL MANAGEMENT, LLC
$2.3B13,510,274 sh
PRICE T ROWE ASSOCIATES INC /MD/
$2.2B13,438,662 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$2.1B12,570,512 sh
Capital Research Global Investors
$1.8B10,973,649 sh

Fund	Value	Shares
BlackRock, Inc.	$6.6B	39,502,046
VANGUARD CAPITAL MANAGEMENT LLC	$5.2B	31,472,575
STATE STREET CORP	$3.7B	22,401,676
Capital World Investors	$3.0B	18,122,340
WELLINGTON MANAGEMENT GROUP LLP	$2.8B	16,975,238
Capital International Investors	$2.6B	15,729,457
GEODE CAPITAL MANAGEMENT, LLC	$2.3B	13,510,274
PRICE T ROWE ASSOCIATES INC /MD/	$2.2B	13,438,662
VANGUARD PORTFOLIO MANAGEMENT LLC	$2.1B	12,570,512
Capital Research Global Investors	$1.8B	10,973,649

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Is MRSH a good stock to buy?

13F Pro's AI-powered analysis of MARSH & MCLENNAN COMPANIES, INC. (MRSH) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for MRSH are available on the MRSH stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. MRSH is classified as a large company.

Which hedge funds own MRSH?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling MRSH. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of MARSH & MCLENNAN COMPANIES, INC.'s investment landscape.