Marsh

Marsh

61.92
BRL
+2.34
(+3.93%)
2.68EPS
20.65P/E
418.28BMarket Cap
Jan 28Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.39
1.48
1.51
1.58
1.7
1.83
2.04
2.11
2.43
2.58
2.86
3.09
3.41
3.57
Basic EPS, GAAP
0.15
0.17
0.19
0.21
0.18
0.2
0.21
0.25
0.38
0.38
0.47
0.51
0.53
0.51
Free Cash Flow per Basic Share
0.15
0.24
0.22
0.24
0.23
0.3
0.29
0.42
0.43
0.43
0.54
0.54
0.67
0.65
Dividend per Share
0.06
0.07
0.07
0.08
0.09
0.1
0.11
0.12
0.13
0.14
0.16
0.19
0.21
0.23
Book Value per Share
0.9
0.81
0.77
0.75
0.9
0.93
0.96
1.11
1.36
1.32
1.54
1.69
1.93
1.97
Tangible Book Value per Share
0.06
-0.1
-0.29
-0.4
-0.37
-0.43
-1.19
-1.11
-1
-1.04
-0.97
-1.87
-1.79
-1.78
Basic Weighted Avg Shares
8,841
8,777
8,552
8,358
8,262
8,149
8,149
8,149
8,165
8,036
7,956
7,924
7,907
7,819
Sales/Revenue/Turnover
12,261
12,951
12,893
13,211
14,024
14,950
16,652
17,224
19,820
20,720
22,736
24,458
26,981
27,947
Operating Margin (%)
16.94
17.77
18.76
18.4
18.93
18.47
16.08
17.8
21.76
20.66
23.23
23.78
23.06
21.62
Depreciation Expense
358
388
423
438
481
494
647
741
747
719
713
746
910
906
Net Income, GAAP
1,357
1,465
1,599
1,768
1,492
1,650
1,742
2,016
3,143
3,050
3,756
4,060
4,160
3,980
Effective Tax Rate (%)
30.11
28.49
29.09
27.62
42.87
25.58
27.31
26.75
24.57
24.38
24.35
24.87
23.56
23.95
Profit Margin (%)
11.07
11.31
12.4
13.38
10.64
11.04
10.46
11.7
15.86
14.72
16.52
16.6
15.42
14.24
Working Capital
2,491
1,856
1,336
802
1,300
1,010
389
1,599
1,610
1,127
1,953
2,599
2,140
2,974
LT Debt
2,621
3,368
4,402
4,495
5,225
5,510
12,667
12,720
12,813
12,894
13,505
21,018
19,849
20,385
Total Equity
7,975
7,133
6,602
6,272
7,442
7,584
7,943
9,260
11,222
10,749
12,370
13,535
15,315
15,433
Return on Invested Capital (%)
14.02
15.14
15.71
15.71
12.46
15.4
10.84
9.89
13.65
13.2
15.2
13.68
13.05
12.01
Return on Capital (%)
14.14
14.47
15.59
17
13.39
14.02
11.76
10.5
14.6
13.86
15.94
14.33
13.36
12.26
Return on Common Equity (%)
18.79
19.59
23.57
27.83
22.02
22.19
22.77
23.86
31.25
28.33
33.08
31.8
29.25
25.72

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,600
2,028
1,997
LT Borrowings
18,320
18,900
18,891
LT Finance Leases
1,529
1,523
1,494
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,808
7,765
7,697
Market Capitalization
91,957
85,537
80,921

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
23,200
23,236
24,333
Cash, Cash Equivalents & STI
2,687
1,611
1,700
Accounts Receivable, Net
7,015
7,777
8,289
Inventories
- -
- -
- -
Total Current Liabilities
21,060
20,905
21,359
Payables & Accruals
4,025
5,188
4,530
ST Debt
1,600
2,028
1,997
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.15%
10.93%
13.15%
Free Cash Flow
11.88%
9.89%
23.01%
Net Income, GAAP
11.35%
17.33%
2.46%
Sales/Revenue/Turnover
7.73%
9.45%
10.32%
Total Cash Common Dividend
10.43%
12.53%
12.29%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,473
6,221
5,697
6,067
24,458
2025
7,061
6,974
6,351
6,595
26,981
2026
7,597
7,404
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.14
0.09
0.1
0.51
2025
0.17
0.15
0.09
0.1
0.53
2026
0.15
0.16
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.04
0.05
0.05
0.19
2025
0.05
0.05
0.06
0.06
0.21
2026
0.06
0.06
- -
- -
- -

Company Description

CEO
John Q. Doyle
Full Time Employees
95,000
Sector
Finance
Industry
Insurance brokers/Services
Address
1166 Avenue of the Americas New York NY United States 10036-2774
IPO Date
Jun 4, 1969
Business
Marsh & McLennan Companies, Inc. engages in risk management, insurance brokerage, and professional services through its four primary operating platforms: Marsh, a global insurance broker and risk management advisor delivering risk assessment, placement, and loss-prevention services; Guy Carpenter, a leading reinsurance broker and advisory firm providing capital, risk transfer strategies, and analytical modeling; Mercer, a curated human resources consulting firm offering health and benefits, retirement, talent management, and employee rewards programs; and Oliver Wyman, a strategy and management consulting practice delivering enterprise-wide transformational consulting, financial services advisory, and specialized services such as economic and analytical research. The company operates globally, with headquarters in New York, NY, and maintains substantial operations across the Americas, Europe, the Middle East, Africa, and Asia-Pacific, serving corporations, public entities, and institutions across multiple industries. Founded in 1906, the company integrates risk, strategy, and people disciplines to help clients anticipate risk, improve performance, and accelerate growth. Core offerings span risk management and insurance services; strategic advisory and reinsurance brokerage; human resources consulting, health and retirement benefits design, and workforce analytics; and management and economic consulting, including specialized industry practices and digital transformation capabilities. The company’s product and service categories include risk assessment and program design; insurance and reinsurance placement; claims and risk analytics; health, retirement, and benefits consulting; talent management and organizational effectiveness; executive compensation and rewards consulting; strategic and financial advisory; operational risk and resilience; product and market strategy; and data-driven research and modeling. Recent strategic developments include ongoing global expansion and a continuous cadence of acquisitions and partnerships to broaden capabilities in specialty insurance, retirement and benefits solutions, and industry-specific consulting, as well as investments in digital platforms and analytics to enhance client outcomes. The latest changes reflect a focus on accretive acquisitions, portfolio optimization, and expansion of advisory footprints in high-growth regions, alongside continued investments in technology-enabled services and integrated risk solutions. The company maintains substantial client relationships across financial services, healthcare, manufacturing, energy, technology, and consumer sectors, servicing multinational corporations, mid-market companies, government and nonprofit organizations, and high-net-worth individuals through its diverse brand ecosystem. Overall, Marsh & McLennan positions itself as a diversified professional services leader combining insurance broking, risk and reinsurance advisory, and broad-based consulting to help clients identify, quantify, and manage risk while pursuing strategic growth and organizational effectiveness.

Company News

  • Marsh & McLennan Companies, Inc. $MRSH Stock Sold by Assenagon Asset Management S.A.

  • Marsh Announces Pricing of €1.2 Billion Senior Notes Offering

  • Marsh Stocks Rise 5.40% With JPMorgan's $218 Target in Focus

  • Aging Populations Are Straining Retirement Systems Worldwide, According to the 2026 Marsh CFA Institute Global Pension Index

  • Marsh & McLennan: 3 Key Takeaways for Long-Term Investors

  • Frank Rimerman Advisors LLC Acquires 3,010 Shares of Marsh & McLennan Companies, Inc. $MRSH

  • Marsh & McLennan Companies, Inc. $MRSH Holdings Decreased by Birch Hill Investment Advisors LLC

  • Marsh & McLennan Companies, Inc. $MRSH Shares Sold by Banque Pictet & Cie SA

  • Marsh & McLennan: Challenging Operating Environment Likely To Persist Ahead

  • Marsh Q3 Earnings Beat Estimates on Consulting Growth Despite Higher Costs

  • Marsh & McLennan Companies, Inc. (MRSH) Q3 2026 Earnings Call Transcript

  • Marsh & McLennan Companies Q3 Earnings Call Highlights

  • Marsh (MRSH) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

  • Marsh (MRSH) Q3 Earnings and Revenues Beat Estimates

  • Marsh Reports Third Quarter 2026 Results

  • NextEra Energy (NYSE:NEE) Shares Sold Off by Rep. Kevin Hern

  • Marsh and Bloomberg New Economy Launch Coalition to Strengthen Resilience and Drive Growth in a Turbulent World

  • Curious about Marsh (MRSH) Q3 Performance? Explore Wall Street Estimates for Key Metrics

  • Can Marsh Beat Q3 Earnings on Risk and Insurance Services Strength?

  • Marsh (MRSH) Earnings Expected to Grow: Should You Buy?