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Side-by-side financial comparison of Colgate-Palmolive (CL) and MARSH & MCLENNAN COMPANIES, INC. (MRSH). Click either name above to swap in a different company.

MARSH & MCLENNAN COMPANIES, INC. is the larger business by last-quarter revenue ($7.6B vs $5.3B, roughly 1.4× Colgate-Palmolive). MARSH & MCLENNAN COMPANIES, INC. runs the higher net margin — 15.1% vs 12.1%, a 3.0% gap on every dollar of revenue. On growth, Colgate-Palmolive posted the faster year-over-year revenue change (8.4% vs 7.6%). Over the past eight quarters, MARSH & MCLENNAN COMPANIES, INC.'s revenue compounded faster (10.5% CAGR vs 2.6%).

The Colgate-Palmolive Company, commonly known as Colgate-Palmolive, is an American multinational consumer products company headquartered on Park Avenue in Midtown Manhattan, New York City. The company specializes in the production, distribution, and provision of household, health care, personal care, and veterinary products.

Marsh & McLennan Companies, Inc., doing business as Marsh McLennan and Marsh, is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting. Its four main operating companies are Marsh, which offers risk management, insurance broking, insurance program management, risk consulting, analytical modeling and alternative risk financing services; ...

CL vs MRSH — Head-to-Head

Bigger by revenue
MRSH
MRSH
1.4× larger
MRSH
$7.6B
$5.3B
CL
Growing faster (revenue YoY)
CL
CL
+0.8% gap
CL
8.4%
7.6%
MRSH
Higher net margin
MRSH
MRSH
3.0% more per $
MRSH
15.1%
12.1%
CL
Faster 2-yr revenue CAGR
MRSH
MRSH
Annualised
MRSH
10.5%
2.6%
CL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CL
CL
MRSH
MRSH
Revenue
$5.3B
$7.6B
Net Profit
$646.0M
$1.1B
Gross Margin
60.6%
Operating Margin
18.1%
23.1%
Net Margin
12.1%
15.1%
Revenue YoY
8.4%
7.6%
Net Profit YoY
-6.4%
EPS (diluted)
$0.80

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CL
CL
MRSH
MRSH
Q1 26
$5.3B
$7.6B
Q4 25
$5.2B
$6.6B
Q3 25
$5.1B
$6.4B
Q2 25
$5.1B
$7.0B
Q1 25
$4.9B
$7.1B
Q4 24
$4.9B
$6.1B
Q3 24
$5.0B
$5.7B
Q2 24
$5.1B
$6.2B
Net Profit
CL
CL
MRSH
MRSH
Q1 26
$646.0M
$1.1B
Q4 25
$-36.0M
$821.0M
Q3 25
$735.0M
$747.0M
Q2 25
$743.0M
$1.2B
Q1 25
$690.0M
$1.4B
Q4 24
$738.0M
$788.0M
Q3 24
$737.0M
$747.0M
Q2 24
$731.0M
$1.1B
Gross Margin
CL
CL
MRSH
MRSH
Q1 26
60.6%
Q4 25
60.2%
Q3 25
59.4%
Q2 25
60.1%
Q1 25
60.8%
Q4 24
60.3%
Q3 24
61.1%
Q2 24
60.6%
Operating Margin
CL
CL
MRSH
MRSH
Q1 26
18.1%
23.1%
Q4 25
1.7%
18.5%
Q3 25
20.6%
18.4%
Q2 25
21.1%
26.2%
Q1 25
21.9%
28.4%
Q4 24
21.5%
18.8%
Q3 24
21.2%
19.4%
Q2 24
21.6%
26.4%
Net Margin
CL
CL
MRSH
MRSH
Q1 26
12.1%
15.1%
Q4 25
-0.7%
12.4%
Q3 25
14.3%
11.8%
Q2 25
14.5%
17.4%
Q1 25
14.1%
19.6%
Q4 24
14.9%
13.0%
Q3 24
14.6%
13.1%
Q2 24
14.5%
18.1%
EPS (diluted)
CL
CL
MRSH
MRSH
Q1 26
$0.80
Q4 25
$-0.04
$1.68
Q3 25
$0.91
$1.51
Q2 25
$0.91
$2.45
Q1 25
$0.85
$2.79
Q4 24
$0.89
$1.58
Q3 24
$0.90
$1.51
Q2 24
$0.89
$2.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CL
CL
MRSH
MRSH
Cash + ST InvestmentsLiquidity on hand
$1.3B
$1.6M
Total DebtLower is stronger
$20.6M
Stockholders' EquityBook value
$14.8M
Total Assets
$16.6B
$58.6M
Debt / EquityLower = less leverage
1.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CL
CL
MRSH
MRSH
Q1 26
$1.3B
$1.6M
Q4 25
$1.4B
$2.7B
Q3 25
$1.3B
$2.5B
Q2 25
$1.2B
$1.7B
Q1 25
$1.1B
$1.6B
Q4 24
$1.3B
$2.4B
Q3 24
$1.2B
$1.8B
Q2 24
$1.1B
$1.7B
Total Debt
CL
CL
MRSH
MRSH
Q1 26
$20.6M
Q4 25
$7.8B
$19.6B
Q3 25
$19.6B
Q2 25
$19.6B
Q1 25
$19.5B
Q4 24
$7.0B
$19.9B
Q3 24
$12.8B
Q2 24
$12.8B
Stockholders' Equity
CL
CL
MRSH
MRSH
Q1 26
$14.8M
Q4 25
$54.0M
$15.3B
Q3 25
$856.0M
$15.4B
Q2 25
$702.0M
$16.0B
Q1 25
$363.0M
$14.3B
Q4 24
$212.0M
$13.5B
Q3 24
$435.0M
$13.9B
Q2 24
$123.0M
$13.6B
Total Assets
CL
CL
MRSH
MRSH
Q1 26
$16.6B
$58.6M
Q4 25
$16.3B
$58.7B
Q3 25
$17.5B
$58.8B
Q2 25
$17.5B
$58.6B
Q1 25
$16.6B
$57.0B
Q4 24
$16.0B
$56.5B
Q3 24
$16.8B
$49.9B
Q2 24
$16.5B
$48.6B
Debt / Equity
CL
CL
MRSH
MRSH
Q1 26
1.39×
Q4 25
145.17×
1.28×
Q3 25
1.27×
Q2 25
1.23×
Q1 25
1.37×
Q4 24
33.04×
1.47×
Q3 24
0.93×
Q2 24
0.94×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CL
CL
MRSH
MRSH
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$609.0M
FCF MarginFCF / Revenue
11.4%
Capex IntensityCapex / Revenue
2.6%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$3.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CL
CL
MRSH
MRSH
Q1 26
Q4 25
$1.5B
$2.2B
Q3 25
$1.3B
$2.1B
Q2 25
$884.0M
$1.7B
Q1 25
$600.0M
$-622.0M
Q4 24
$1.3B
$2.0B
Q3 24
$1.2B
$1.9B
Q2 24
$990.0M
$1.2B
Free Cash Flow
CL
CL
MRSH
MRSH
Q1 26
$609.0M
Q4 25
$1.3B
$2.1B
Q3 25
$1.1B
$2.0B
Q2 25
$776.0M
$1.6B
Q1 25
$476.0M
$-677.0M
Q4 24
$1.1B
$1.9B
Q3 24
$1.0B
$1.8B
Q2 24
$873.0M
$1.1B
FCF Margin
CL
CL
MRSH
MRSH
Q1 26
11.4%
Q4 25
24.4%
31.2%
Q3 25
21.6%
31.6%
Q2 25
15.2%
23.1%
Q1 25
9.7%
-9.6%
Q4 24
21.9%
31.0%
Q3 24
20.5%
32.3%
Q2 24
17.3%
18.2%
Capex Intensity
CL
CL
MRSH
MRSH
Q1 26
2.6%
0.0%
Q4 25
3.4%
1.6%
Q3 25
3.0%
1.1%
Q2 25
2.1%
0.8%
Q1 25
2.5%
0.8%
Q4 24
3.7%
1.3%
Q3 24
2.7%
1.3%
Q2 24
2.3%
1.3%
Cash Conversion
CL
CL
MRSH
MRSH
Q1 26
Q4 25
2.63×
Q3 25
1.72×
2.79×
Q2 25
1.19×
1.38×
Q1 25
0.87×
-0.45×
Q4 24
1.72×
2.48×
Q3 24
1.58×
2.56×
Q2 24
1.35×
1.08×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CL
CL

Latin America$1.3B25%
Pet Nutrition$1.2B22%
Europe, Middle East & Africa (1)$1.1B21%
North America (1)$888.0M17%
Asia Pacific (1)$804.0M15%

MRSH
MRSH

Marsh Risk$3.7B49%
Mercer$1.7B22%
Guy Carpenter$1.2B16%
Marsh Management Consulting$897.0M12%

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