Marsh Quarterly Balance Sheet
NYSE: MRSHFinanceSpecialty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Marsh financial position
As of Jun 30, 2026, Marsh reported total assets of $59.68 billion, up 1.9% from a year earlier against total liabilities of $44.25 billion. Shareholders' equity stood at $15.43 billion, or 25.9% of assets. The company held $1.70 billion in cash and equivalents against $20.56 billion of debt, a net debt position of $18.86 billion.
The current ratio (current assets divided by current liabilities) was 1.14, meaning short-term assets cover obligations due within a year. Debt-to-equity was 1.33.
Summary generated from market data by MetaCap's automated system. Methodology
Marsh balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.70B | 1.61B | 2.69B | 2.51B | 1.68B | 1.60B | 2.40B | 1.80B | 1.65B | 1.45B | 3.36B | 2.90B |
| Receivables | 8.94B | 8.43B | 7.67B | 7.91B | 8.46B | 7.87B | 7.16B | 7.42B | 7.74B | 7.22B | 6.42B | 6.52B |
| Total Current Assets | 24.33B | 23.24B | 23.20B | 23.70B | 23.33B | 22.46B | 22.12B | 22.29B | 22.02B | 21.30B | 21.75B | 22.28B |
| Property, Plant & Equipment | 806.00M | 814.00M | 829.00M | 820.00M | 839.00M | 840.00M | 859.00M | 884.00M | 879.00M | 877.00M | 882.00M | 859.00M |
| Goodwill | 24.35B | 24.27B | 24.34B | 23.95B | 23.92B | 23.54B | 23.31B | 18.23B | 17.52B | 17.31B | 17.23B | 16.66B |
| Intangible Assets | 4.50B | 4.61B | 4.75B | 4.67B | 4.77B | 4.74B | 4.82B | 2.72B | 2.64B | 2.63B | 2.63B | 2.50B |
| Total Assets | 59.68B | 58.55B | 58.71B | 58.78B | 58.55B | 57.02B | 56.48B | 49.86B | 48.59B | 47.57B | 48.03B | 48.00B |
| Accounts Payable | 4.05B | 4.18B | 3.65B | 3.35B | 3.43B | 3.45B | 3.40B | 3.10B | 3.21B | 3.38B | 3.40B | 3.14B |
| Short-Term Debt | 1.67B | 1.70B | 1.27B | 1.26B | 769.00M | 1.67B | 519.00M | 518.00M | 1.27B | 1.17B | 1.62B | 1.87B |
| Total Current Liabilities | 21.36B | 20.91B | 21.06B | 21.10B | 19.40B | 19.77B | 19.52B | 19.60B | 18.86B | 18.66B | 19.80B | 20.61B |
| Long-Term Debt | 18.89B | 18.90B | 18.32B | 18.32B | 18.96B | 18.86B | 19.43B | 12.33B | 12.28B | 12.30B | 11.84B | 11.78B |
| Total Liabilities | 44.25B | 43.75B | 43.40B | 43.42B | 42.58B | 42.75B | 42.95B | 35.98B | 35.03B | 34.95B | 35.66B | 36.41B |
| Shareholders' Equity | 15.43B | 14.81B | 15.31B | 15.36B | 15.98B | 14.27B | 13.54B | 13.88B | 13.56B | 12.62B | 12.37B | 11.59B |
| Retained Earnings | 29.30B | 28.04B | 27.77B | 26.95B | 27.09B | 25.88B | 25.31B | 24.52B | 24.58B | 23.46B | 22.76B | 22.01B |
| Total Debt | 20.56B | 20.60B | 19.59B | 19.58B | 19.73B | 20.53B | 19.95B | 12.85B | 13.54B | 13.47B | 13.46B | 13.65B |
| Net Cash (Debt) | -18.86B | -18.99B | -16.90B | -17.07B | -18.05B | -18.93B | -17.55B | -11.05B | -11.89B | -12.02B | -10.11B | -10.75B |
| Shares Outstanding | 478.00M | 482.00M | 485.00M | 490.00M | 492.00M | 493.00M | 491.00M | 491.00M | 492.00M | 493.00M | 492.00M | 493.00M |
This table shows 12 quarterly periods of Marsh's balance sheet, from Q2 2026 back to Q3 2023, across 18 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow MRSH's reporting calendar. What is a balance sheet?