FinEdge Labs
M

MRSH

MRSHReviewed
2 segments tracked|8 years of data|Annual (10-K)
Total Revenue
$27.1B10.3%
FY2025
Operating Segments
2
Active segments
Blended Margin
24.1%
Operating margin
Highest Margin
26.9%
Risk And Insurance Services Segment
Segment Shift

Risk And Insurance Services Segment has grown from 54.8% to 63.8% of total revenue since FY2018, with 26.9% operating margins.

Segment Revenue Over Time

Revenue Mix

Segment Breakdown — FY2025

SegmentRevenueOp. IncomeMargin% of TotalYoY
Risk And Insurance Services Segment$17.3B$4.6B26.9%63.8%+12.1%
Consulting Segment$9.8B$1.9B19.4%36.2%+7.2%

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