Company / Goodwill
Marsh McLennan Goodwill History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Goodwill
$24.3B
FY2025
5-year range
$16.3B / $24.3B
FY2021-FY2025
Trend
+4.4%
vs FY2024
Sector context
#9 of 313
Financials
What the data says
Among 313 Financials companies, Marsh McLennan is in the top 3% for goodwill. Goodwill has increased for 3 consecutive years, from $16.3B in FY2022 to $24.3B in FY2025.
Based on SEC 10-K filings.
$24.3B in FY2025 with a 5-year CAGR of +9.4%. Top quartile in the Financials sector.
Improved from $17.2B to $24.3B over the past 2 years.
Financials sector context is included.
Goodwill over time
Growth rates
- 3-Year CAGR
- +14.4%
- 5-Year CAGR
- +9.4%
- 10-Year CAGR
- -
Sector benchmark
Top 3% in FinancialsTop 3% of 313This company $24.3B Sector average $3.0B
▼
+719.2% above sector average
Key checks
Key Insights
- Marsh McLennan's goodwill has grown for 3 consecutive years.
- 5-year CAGR of +9.4%, indicating consistent growth.
- In FY2025, goodwill increased 4.4% year-over-year.
- Ranks #9 out of 313 companies in the Financials sector.
Company context
Key Data Points
- Altman Z-Score 0.96 (distress zone, below 1.8 threshold)
- Strong return on equity: 26.9%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | GoodwillValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $24.3B | +4.4% |
| FY2024 | $23.3B | +35.3% |
| FY2023 | $17.2B | +6.0% |
| FY2022 | $16.3B | -0.4% |
| FY2021 | $16.3B | +5.2% |
| FY2020 | $15.5B | +5.8% |
| FY2019 | $14.7B | +52.8% |
| FY2018 | $9.6B | +5.6% |
| FY2017 | $9.1B | +8.6% |
| FY2016 | $8.4B | +6.1% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026