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On the Record · Marsh & McLennan Companies

Marsh & McLennan Companies acquisitions, on the record

The businesses Marsh & McLennan Companies bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Marsh & McLennan Companies’s annual reports for 2023 to 2025 name no acquisition or sale of a business.

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$813 million$556 million
2017-12-31$655 million$551 million
2018-12-31$884 million$626 million
2019-12-31$4.23 billion$5.12 billion
2020-12-31$647 million$593 million
2021-12-31−$859 million$1.04 billion
2022-12-31$572 million$460 million
2023-12-31$976 million$813 million
2024-12-31$8.54 billion$6.41 billion
2025-12-31$652 million$562 million

Deal filings since 2016

Read from Marsh & McLennan Companies’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-09. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.