Is a complete MRSH research report available?

No complete published report is available for Marsh & McLennan Companies, Inc. (MRSH) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Marsh & McLennan Companies, Inc. (MRSH)

NYSE: MRSH · USD

$192

+1.49 (+0.8%)· Recorded snapshot

Market cap	91.4B
Revenue (ttm)	28.5B
Net income (ttm)	4B
EPS (ttm)	$8.35
Shares out	475.5M
P/E (trailing)	23.0x
P/E (forward)	17.1x
Dividend	$3.96 (2.06%)
Volume	1,482,434
Beta	0.58

Market data

Price

Recent price action with selectable time range.

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ACGL	Arch Capital Group Ltd.	34.8B	8.3x	1.8x	15.9%	+15.1%	+18.7%	Strong Buy
AIG	American International Group Inc.	41.7B	14.7x	1.6x	7.7%	-9.6%	+2.8%	Strong Buy
AIZ	Assurant, Inc.	14.1B	13.6x	1.0x	14.4%	+6.6%	+36.2%	Hold

Metric	Value
Amount currency	USD
CIK code	0000062709
Company name	Marsh & McLennan Companies, Inc.
Country	United States
Country code	US
CUSIP number	571748102
Earnings date	2026-10-15
Earnings time	bmo
Employees	95,000
Employees change	5,000
Employees growth	5.56%
Enterprise value	$111.9B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-09-30
First seen	2026-05-09
Fiscal year end	December
Founded	1871
In index	SP500
Industry	Insurance Brokers
Is primary listing	Yes
Is SPAC	No
ISIN number	US5717481023
Last earnings date	2026-10-15
Last refreshed	2026-10-28
Last stock split date	2002-07-01
Last stock split type	Forward
Market cap	$91.4B
Market cap category	Large-Cap
Next earnings date	2027-01-28
Options	Yes
Price	$192.16
Price currency	USD
Sector	Financials
Stock price date	2026-10-28
Symbol	MRSH
U.S. state	New York
Website	https://www.corporate.marsh.com

Metric

Value

Amount currency

USD

CIK code

0000062709

Company name

Marsh & McLennan Companies, Inc.

Country

United States

Country code

CUSIP number

571748102

Earnings date

2026-10-15

Earnings time

bmo

Employees

95,000

Employees change

5,000

Employees growth

5.56%

Enterprise value

$111.9B

Exchange

NYSE

Financial currency

USD

Financial report date

2026-09-30

First seen

2026-05-09

Fiscal year end

December

Founded

1871

In index

SP500

Industry

Insurance Brokers

Is primary listing

Yes

Is SPAC

ISIN number

US5717481023

Last earnings date

2026-10-15

Last refreshed

2026-10-28

Last stock split date

2002-07-01

Last stock split type

Forward

Market cap

$91.4B

Market cap category

Large-Cap

Next earnings date

2027-01-28

Options

Yes

Price

$192.16

Price currency

USD

Sector

Financials

Stock price date

2026-10-28

Symbol

MRSH

U.S. state

New York

Website

https://www.corporate.marsh.com

Metric	Value
Adjusted P/E ratio	18.48x
Average P/E ratio (10Y)	25.96x
Average P/E ratio (3Y)	24.42x
Average P/E ratio (5Y)	25.03x
Earnings yield	4.34%
EV/Earnings	27.65x
EV/EBIT	16.03x
EV/EBITDA	14.17x
EV/FCF	26.9x
EV/Sales	3.93x
FCF / EV yield	3.72%
FCF yield	4.55%
Forward EV/Sales	3.75x
Forward P/E	17.1x
Forward P/S	3.06x
Graham number	76.14807
Graham upside	-60.31%
Industry forward P/E	16.79x
Industry P/E	27.95x
Lynch fair value	$69.19
Lynch upside	-63.94%
P/(FCF - SBC) ratio	24.42x
P/(OCF - SBC) ratio	22.49x
P/B ratio	6.18x
P/E ratio	23.02x
P/FCF ratio	21.96x
P/OCF ratio	20.39x
P/S ratio	3.21x
PEG ratio	2.41x
Price/EBITDA ratio	11.57x
Sector forward P/E	13.61x
Sector P/E	15.65x

Metric

Value

Adjusted P/E ratio

18.48x

Average P/E ratio (10Y)

25.96x

Average P/E ratio (3Y)

24.42x

Average P/E ratio (5Y)

25.03x

Earnings yield

4.34%

EV/Earnings

27.65x

EV/EBIT

16.03x

EV/EBITDA

14.17x

EV/FCF

26.9x

EV/Sales

3.93x

FCF / EV yield

3.72%

FCF yield

4.55%

Forward EV/Sales

3.75x

Forward P/E

17.1x

Forward P/S

3.06x

Graham number

76.14807

Graham upside

-60.31%

Industry forward P/E

16.79x

Industry P/E

27.95x

Lynch fair value

$69.19

Lynch upside

-63.94%

P/(FCF - SBC) ratio

24.42x

P/(OCF - SBC) ratio

22.49x

P/B ratio

6.18x

P/E ratio

23.02x

P/FCF ratio

21.96x

P/OCF ratio

20.39x

P/S ratio

3.21x

PEG ratio

2.41x

Price/EBITDA ratio

11.57x

Sector forward P/E

13.61x

Sector P/E

15.65x

Metric	Value
EBIT margin	24.5%
EBITDA margin	27.71%
Effective tax rate	23.25%
FCF margin	14.6%
Gross margin	44.48%
Operating margin	24.5%
Pretax margin	18.88%
Profit margin	14.2%
Profit per employee	$42,537
Profitable quarters	69
Profitable years	17
Revenue per employee	$299,568
ROA	7.35%
ROA (5Y)	7.97%
ROCE	18.49%
ROE	27.24%
ROE (5Y)	30.62%
ROIC	14.97%
ROIC (5Y)	16.87%
SBC / revenue	1.47%
Tax / revenue	4.39%

Metric

Value

EBIT margin

24.5%

EBITDA margin

27.71%

Effective tax rate

23.25%

FCF margin

14.6%

Gross margin

44.48%

Operating margin

24.5%

Pretax margin

18.88%

Profit margin

14.2%

Profit per employee

$42,537

Profitable quarters

Profitable years

Revenue per employee

$299,568

ROA

7.35%

ROA (5Y)

7.97%

ROCE

18.49%

ROE

27.24%

ROE (5Y)

30.62%

ROIC

14.97%

ROIC (5Y)

16.87%

SBC / revenue

1.47%

Tax / revenue

4.39%

Metric	Value
EPS growth	0.12%
EPS growth (Q)	11.92%
EPS growth (QoQ)	-35.74%
EPS growth 10Y	9.89%
EPS growth 3Y	6.4%
EPS growth 5Y	9.56%
EPS growth quarters	2
EPS growth years	3
FCF growth	-13.91%
FCF growth (Q)	-30.5%
FCF growth (QoQ)	-3.72%
FCF growth 3Y	5.1%
FCF growth 5Y	5.9%
Gross profit growth	9.53%
Gross profit growth (Q)	12.91%
Gross profit growth 3Y	9.53%
Gross profit growth 5Y	8.83%
Net income growth	-2.08%
Net income growth (Q)	8.17%
Net income growth (QoQ)	-36.18%
Net income growth 3Y	5.25%
Net income growth 5Y	8.29%
Net income growth quarters	2
Net income growth years	3
OCF growth	-12.05%
OCF growth (Q)	-29.01%
OCF growth (QoQ)	-2.95%
OCF growth 10Y	8.32%
OCF growth 3Y	4%
OCF growth 5Y	5.29%
Operating income growth	3.27%
Operating income growth (Q)	3.36%
Operating income growth 3Y	8.01%
Operating income growth 5Y	9.06%
Revenue growth	7.58%
Revenue growth (Q)	8.06%
Revenue growth (QoQ)	-7.31%
Revenue growth 10Y	8%
Revenue growth 3Y	8.62%
Revenue growth 5Y	8.3%
Revenue growth quarters	15
Revenue growth years	10

Metric

Value

EPS growth

0.12%

EPS growth (Q)

11.92%

EPS growth (QoQ)

-35.74%

EPS growth 10Y

9.89%

EPS growth 3Y

6.4%

EPS growth 5Y

9.56%

EPS growth quarters

EPS growth years

FCF growth

-13.91%

FCF growth (Q)

-30.5%

FCF growth (QoQ)

-3.72%

FCF growth 3Y

5.1%

FCF growth 5Y

5.9%

Gross profit growth

9.53%

Gross profit growth (Q)

12.91%

Gross profit growth 3Y

9.53%

Gross profit growth 5Y

8.83%

Net income growth

-2.08%

Net income growth (Q)

8.17%

Net income growth (QoQ)

-36.18%

Net income growth 3Y

5.25%

Net income growth 5Y

8.29%

Net income growth quarters

Net income growth years

OCF growth

-12.05%

OCF growth (Q)

-29.01%

OCF growth (QoQ)

-2.95%

OCF growth 10Y

8.32%

OCF growth 3Y

OCF growth 5Y

5.29%

Operating income growth

3.27%

Operating income growth (Q)

3.36%

Operating income growth 3Y

8.01%

Operating income growth 5Y

9.06%

Revenue growth

7.58%

Revenue growth (Q)

8.06%

Revenue growth (QoQ)

-7.31%

Revenue growth 10Y

Revenue growth 3Y

8.62%

Revenue growth 5Y

8.3%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	$-320M
Depreciation and amortization	$913M
EBIT	$7B
EBITDA	$7.9B
EPS	$8.35
FCF per share	$8.74
Financing cash flow	$-3.8B
Free cash flow	$4.2B
Free cash flow minus SBC	$3.7B
Gross profit	$12.7B
Income taxes	$1.2B
Investing cash flow	$-1B
Net borrowing	$966M
Net cash flow	$-397M
Net income	$4B
Operating cash flow minus SBC	$4.1B
Operating income	$7B
Revenue	$28.5B
Stock-based compensation	$418M

Metric

Value

Capital expenditures

$-320M

Depreciation and amortization

$913M

EBIT

$7B

EBITDA

$7.9B

EPS

$8.35

FCF per share

$8.74

Financing cash flow

$-3.8B

Free cash flow

$4.2B

Free cash flow minus SBC

$3.7B

Gross profit

$12.7B

Income taxes

$1.2B

Investing cash flow

$-1B

Net borrowing

$966M

Net cash flow

$-397M

Net income

$4B

Operating cash flow minus SBC

$4.1B

Operating income

$7B

Revenue

$28.5B

Stock-based compensation

$418M

Metric	Value
Altman Z-Score	2.74
Book value per share	$30.87
Debt / EBITDA	2.67
Debt / equity	1.5
Debt / FCF	5.38
Goodwill	$24.6B
Interest coverage	7.17
Long-term assets	$35.7B
Long-term liabilities	$22.8B
Net cash (debt)	$-20.5B
Net cash / market cap	-22.46%
Net debt / EBITDA	2.6
Net debt / equity	1.37
Net debt / FCF	4.93
Piotroski F-Score	5
Property, plant and equipment	$2.2B
Shareholders' equity	$14.9B
Tangible book value	$-14.4B
Tangible book value per share	$-30.38
Total assets	$59.8B
Total cash	$1.8B
Total debt	$22.3B
Total liabilities	$44.9B
WACC	6.66%

Metric

Value

Altman Z-Score

2.74

Book value per share

$30.87

Debt / EBITDA

2.67

Debt / equity

1.5

Debt / FCF

5.38

Goodwill

$24.6B

Interest coverage

7.17

Long-term assets

$35.7B

Long-term liabilities

$22.8B

Net cash (debt)

$-20.5B

Net cash / market cap

-22.46%

Net debt / EBITDA

2.6

Net debt / equity

1.37

Net debt / FCF

4.93

Piotroski F-Score

Property, plant and equipment

$2.2B

Shareholders' equity

$14.9B

Tangible book value

$-14.4B

Tangible book value per share

$-30.38

Total assets

$59.8B

Total cash

$1.8B

Total debt

$22.3B

Total liabilities

$44.9B

WACC

6.66%

Metric	Value
Asset turnover	0.48
Current assets	$24.1B
Current liabilities	$22.1B
Current ratio	1.09
Net working capital	$2.1B
Quick ratio	0.5
Working capital	$2B
Working capital turnover	12.38

Metric

Value

Asset turnover

0.48

Current assets

$24.1B

Current liabilities

$22.1B

Current ratio

1.09

Net working capital

$2.1B

Quick ratio

0.5

Working capital

$2B

Working capital turnover

12.38

Metric	Value
Buyback yield / dilution	2.22%
Dividend growth	10.2%
Dividend growth (10Y)	11.26%
Dividend growth (3Y)	13.29%
Dividend growth (5Y)	13.58%
Dividend growth years	16
Dividend payment date	2026-11-13
Dividend payment years	56
Dividend payout frequency	Quarterly
Dividend per share	$3.96
Dividend yield	2.06%
Ex-dividend date	2026-10-01
FCF payout ratio	45.33%
Last dividend	$0.99
Payout ratio	47.43%
Shareholder yield	4.28%

Metric

Value

Buyback yield / dilution

2.22%

Dividend growth

10.2%

Dividend growth (10Y)

11.26%

Dividend growth (3Y)

13.29%

Dividend growth (5Y)

13.58%

Dividend growth years

Dividend payment date

2026-11-13

Dividend payment years

Dividend payout frequency

Quarterly

Dividend per share

$3.96

Dividend yield

2.06%

Ex-dividend date

2026-10-01

FCF payout ratio

45.33%

Last dividend

$0.99

Payout ratio

47.43%

Shareholder yield

4.28%

Metric	Value
10Y price change	204.16%
10Y return CAGR	13.68%
10Y total return	260.34%
150-day SMA	$176.16
15Y price change	504.5%
15Y return CAGR	14.91%
15Y total return	704.5%
1D price change	0.78%
1M price change	12.3%
1M total return	12.96%
1W price change	0.84%
1W total return	0.84%
1Y price change	2.43%
1Y return CAGR	4.67%
1Y total return	4.67%
20-day SMA	$183.08
200-day SMA	$177.01
20Y price change	553.64%
20Y return CAGR	12.31%
20Y total return	920.1%
3M price change	4.83%
3M total return	5.45%
3Y price change	3.93%
3Y return CAGR	3.07%
3Y total return	9.48%
50-day SMA	$181.98
50-day SMA vs 200-day SMA	50over200
52-week high	$200.33
52-week high date	2026-10-23
52-week low	$156.60
52-week low date	2026-06-03
5Y price change	14.63%
5Y return CAGR	4.44%
5Y total return	24.23%
6M price change	12.94%
6M total return	14.24%
All-time high	$248.00
All-time high date	2025-04-04
All-time low	$1.27
All-time low date	1973-03-23
Average true range (ATR)	$4.27
Average volume	2.5M
Beta (1Y)	0.19
Beta (2Y)	0.34
Beta (5Y)	0.58
Change from 52-week high	-4.08%
Change from 52-week low	22.71%
Change from all-time high	-22.51%
Change from all-time low	15,019.59%
Change from open	1.16%
Day's gap	-0.38%
Dollar volume	$284.9M
High price	$193.14
Low price	$189.95
Monthly RSI	50.78
Open price	$189.95
Position in 52-week range	69.28%
Premarket change	-4.71%
Premarket close	$190.67
Premarket price	$181.68
Previous close	$190.67
Price vs 150-day SMA	9.09%
Price vs 20-day SMA	4.96%
Price vs 200-day SMA	8.56%
Price vs 50-day SMA	5.6%
Relative volume	0.6
RSI	62.43
Sharpe ratio	0.15
Sharpe ratio (3Y)	0.04
Sharpe ratio (5Y)	0.13
Sortino ratio	0.46
Sortino ratio (3Y)	0.33
Sortino ratio (5Y)	0.45
Volume	1.5M
Weekly RSI	57.91
YTD price change	3.59%
YTD total return	5.85%

Metric

Value

10Y price change

204.16%

10Y return CAGR

13.68%

10Y total return

260.34%

150-day SMA

$176.16

15Y price change

504.5%

15Y return CAGR

14.91%

15Y total return

704.5%

1D price change

0.78%

1M price change

12.3%

1M total return

12.96%

1W price change

0.84%

1W total return

0.84%

1Y price change

2.43%

1Y return CAGR

4.67%

1Y total return

4.67%

20-day SMA

$183.08

200-day SMA

$177.01

20Y price change

553.64%

20Y return CAGR

12.31%

20Y total return

920.1%

3M price change

4.83%

3M total return

5.45%

3Y price change

3.93%

3Y return CAGR

3.07%

3Y total return

9.48%

50-day SMA

$181.98

50-day SMA vs 200-day SMA

50over200

52-week high

$200.33

52-week high date

2026-10-23

52-week low

$156.60

52-week low date

2026-06-03

5Y price change

14.63%

5Y return CAGR

4.44%

5Y total return

24.23%

6M price change

12.94%

6M total return

14.24%

All-time high

$248.00

All-time high date

2025-04-04

All-time low

$1.27

All-time low date

1973-03-23

Average true range (ATR)

$4.27

Average volume

2.5M

Beta (1Y)

0.19

Beta (2Y)

0.34

Beta (5Y)

0.58

Change from 52-week high

-4.08%

Change from 52-week low

22.71%

Change from all-time high

-22.51%

Change from all-time low

15,019.59%

Change from open

1.16%

Day's gap

-0.38%

Dollar volume

$284.9M

High price

$193.14

Low price

$189.95

Monthly RSI

50.78

Open price

$189.95

Position in 52-week range

69.28%

Premarket change

-4.71%

Premarket close

$190.67

Premarket price

$181.68

Previous close

$190.67

Price vs 150-day SMA

9.09%

Price vs 20-day SMA

4.96%

Price vs 200-day SMA

8.56%

Price vs 50-day SMA

5.6%

Relative volume

0.6

RSI

62.43

Sharpe ratio

0.15

Sharpe ratio (3Y)

0.04

Sharpe ratio (5Y)

0.13

Sortino ratio

0.46

Sortino ratio (3Y)

0.33

Sortino ratio (5Y)

0.45

Volume

1.5M

Weekly RSI

57.91

YTD price change

3.59%

YTD total return

5.85%

Metric	Value
Float	474.6M
Float percentage	99.8%
Shares change (QoQ)	-0.62%
Shares change (YoY)	-2.22%
Shares held by insiders	0.09%
Shares held by institutions	94.27%
Shares outstanding	475.5M
Short % of float	1.34%
Short % of shares	1.34%
Short ratio	2.3 days

Metric

Value

Float

474.6M

Float percentage

99.8%

Shares change (QoQ)

-0.62%

Shares change (YoY)

-2.22%

Shares held by insiders

0.09%

Shares held by institutions

94.27%

Shares outstanding

475.5M

Short % of float

1.34%

Short % of shares

1.34%

Short ratio

2.3 days

Marsh & McLennan Companies, Inc. (MRSH)

Price

Financial snapshot

Fair-value bridge

Latest news · MRSH

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All MRSH indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on MRSH

Frequently asked questions