Company / Operating Margin
Marsh McLennan Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
23.1%
FY2025
5-year range
20.7% / 23.8%
FY2021-FY2025
Trend
-3.0%
vs FY2024
Sector context
#42 of 88
Financials
What the data says
At 23.1%, Marsh McLennan's operating margin ranks #42 of 88 in the Financials sector. Operating Margin has fluctuated over the past 6 years, ranging from 20.7% in FY2022 to 75.8% in FY2017.
Based on SEC 10-K filings.
23.1% in FY2025 with a 3-year CAGR of +2.4%.
Remained stable around 23.1% over the past 2 years.
Financials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +2.4pp
- 5-Year Change
- -
- 10-Year Change
- -
Sector benchmark
#42 of 88 in FinancialsTop 48% of 88This company 23.1% Sector average 22.4%
▼
+2.9% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 3.0% year-over-year.
- Currently 0.7pp above the Financials sector average.
- Peak operating margin was recorded in FY2017.
- Lowest operating margin in the period was in FY2022.
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 | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 23.1% | -3.0% |
| FY2024 | 23.8% | +2.4% |
| FY2023 | 23.2% | +12.5% |
| FY2022 | 20.7% | - |
| FY2021 | - | - |
| FY2020 | - | - |
| FY2019 | - | - |
| FY2018 | - | - |
| FY2017 | 75.8% | +4.0% |
| FY2016 | 72.9% | +288.4% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026