Marsh

Marsh

175.05
EUR
+6.60
(+3.92%)
7.30EPS
20.31P/E
69.66BMarket Cap
Jan 28Next Earn

Total Valuation

EUR

As of June 30, 2026, Marsh & McLennan Companies, Inc. carries a market capitalization of 69.66B, placing it among publicly traded companies globally. Its enterprise value stands at 87.98B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap69.66B
Enterprise Value87.98B

Important Dates

Marsh & McLennan Companies, Inc.'s next confirmed earnings release is scheduled for January 28, 2027.

Earnings Date1/28/2027

Share Statistics

As of June 30, 2026, Marsh & McLennan Companies, Inc. has 477.92M shares outstanding.

Shares Outstanding477.92M

Valuation Ratios

As of June 30, 2026, Marsh & McLennan Companies, Inc. trades at a trailing price-to-earnings ratio of 20.31. The price-to-sales ratio is 2.89, and the price-to-book ratio stands at 5.24.

PE Ratio20.31
PS Ratio2.89
PB Ratio5.24
P/TBV Ratio-5.82
P/FCF Ratio16.00
P/OCF Ratio15.92

Enterprise Valuation

As of June 30, 2026, Marsh & McLennan Companies, Inc. trades at an EV/EBITDA multiple of 14.47 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 3.60 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 16.64 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Marsh & McLennan Companies, Inc. trades at an EV/FCF ratio of 17.30, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 87.98B versus a market cap of 69.66B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales3.60
EV / EBITDA14.47
EV / EBIT16.64
EV / FCF17.30

Financial Position

As of June 30, 2026, Marsh & McLennan Companies, Inc. maintains a current ratio of 1.14, meaning it holds 1.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 145.03, indicating elevated leverage, while an interest coverage ratio of 7.22 demonstrates adequate ability to service its debt obligations.

Current Ratio1.14
Quick Ratio0.50
Debt / Equity145.03
Debt / EBITDA3.22
Interest Coverage7.22

Financial Efficiency

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Over the twelve months ended June 30, 2026, Marsh & McLennan Companies, Inc. posted a return on equity (ROE) of 25.72, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 12.01 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 6.73, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 12.26, useful for judging operating efficiency across full business cycles. The company generates approximately 260,928.10 in revenue per employee across its workforce of 93,750.00, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)25.72
Return on Assets (ROA)6.73
Return on Invested Capital (ROIC)12.01
Return on Capital Employed (ROCE)12.26
Revenue Per Employee260,928.10
Employee Count93,750.00

Taxes

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Over the twelve months ended June 30, 2026, Marsh & McLennan Companies, Inc. recorded 1.12B in income tax expense. That works out to an effective tax rate of 23.95, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 4.68B, leaving 3.48B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax1.12B
Effective Tax Rate23.95

Stock Price Statistics

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As of the close on October 22, 2026, Marsh & McLennan Companies, Inc.'s stock has gained approximately 8.16% over the past 52 weeks. The 50-day moving average sits at 155.31, while the 200-day moving average is 151.29.

52-Week Price Change8.16%
50-Day Moving Average155.31
200-Day Moving Average151.29

Income Statement

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Over the twelve months ended June 30, 2026, Marsh & McLennan Companies, Inc. generated 24.46B in revenue and converted that into 3.48B in net income, yielding earnings per share of 7.30. EBITDA reached 6.08B, while operating income came in at 5.29B.

Revenue24.46B
Gross Profit10.37B
Operating Income5.29B
Pretax Income4.68B
Net Income3.48B
EBITDA6.08B
EBIT5.29B
Earnings Per Share (EPS)7.30

Balance Sheet

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As of June 30, 2026, Marsh & McLennan Companies, Inc. holds 1.49B in cash and equivalents against 19.59B in total debt, resulting in a net debt position of 16.51B. Total book value stands at 13.29B, with working capital of 2.60B providing operational flexibility.

Cash & Cash Equivalents1.49B
Total Debt19.59B
Net Debt16.51B
Equity (Book Value)13.29B
Book Value Per Share27.81
Working Capital2.60B

Cash Flow

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Marsh & McLennan Companies, Inc. produced 4.44B in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow4.44B
Free Cash Flow4.44B
FCF Per Share9.16

Margins

Over the twelve months ended June 30, 2026, Marsh & McLennan Companies, Inc. posted a gross margin of 42.38, reflecting its pricing power and cost economics. The operating margin of 21.62 and net profit margin of 14.24 provide insight into operational efficiency.

Gross Margin42.38
Operating Margin21.62
Pretax Margin19.14
Profit Margin14.24
EBITDA Margin24.86

Dividends & Yields

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Over the twelve months ended June 30, 2026, Marsh & McLennan Companies, Inc. paid dividends of 3.19 per share. The dividend payout ratio of 42.52 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 6.25, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 4.38, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Marsh & McLennan Companies, Inc. shareholders.

Dividend Per Share3.19
Payout Ratio42.52
Shareholder Yield4.38
FCF Yield6.25

Stock Splits

Marsh & McLennan Companies, Inc.'s most recent stock split took place on July 1, 2002 with a 1:2 split ratio.

Last Split Date7/1/2002
Split Ratio1:2

Scores

As of June 30, 2026, Marsh & McLennan Companies, Inc. has an Altman Z-Score of 4.08, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score4.08