Marsh & McLennan Companies, Inc.

Marsh & McLennan Companies, Inc.

MRSH
Marsh & McLennan Companies, Inc.US flagNew York Stock Exchange
176.91
USD
-0.38
- -
84.42BMarket Cap
Marsh & McLennan Companies, Inc.
MRSH
(New York Stock Exchange)

Recent

price

176.91

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
19.54
21.27
21.92
22.33
23.76
24.28
25.45
27.34
29.55
32.91
34.04
39.09
41.52
46.02
49.71
54.95
57.56
Revenue per Share
1.58
1.83
2.16
2.47
2.69
3.01
3.41
2.91
3.26
3.44
3.98
6.2
6.11
7.6
8.25
8.47
8.2
Basic EPS, GAAP
1.34
3.15
2.43
2.44
3.89
3.56
3.87
3.69
4.8
4.67
6.68
6.93
6.94
8.62
8.74
10.78
10.46
Free Cash Flow per Basic Share
0.84
0.89
0.91
0.97
1.07
1.19
1.31
1.44
1.59
1.76
1.86
2.02
2.28
2.63
3.08
3.46
3.64
Dividend per Share
11.78
10.91
11.99
14.46
13.06
12.48
12.05
14.47
14.91
15.47
17.93
21.86
21.26
24.78
27.15
31.14
31.77
Book Value per Share
-0.84
-2
-1.32
0.99
-1.63
-4.62
-6.43
-5.91
-7
-19.16
-17.95
-16.12
-16.71
-15.59
-30.09
-28.84
-28.61
Tangible Book Value per Share
540
542
544
549
545
531
519
513
506
506
506
507
499
494
492
491
486
Basic Weighted Avg Shares
10,550
11,526
11,924
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
Sales/Revenue/Turnover
8.9
14.21
15.34
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
Operating Margin (%)
357
332
349
358
388
423
438
481
494
647
741
747
719
713
746
910
906
Depreciation Expense
855
993
1,176
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
Net Income, GAAP
26.53
30.06
29.01
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
Effective Tax Rate (%)
8.1
8.62
9.86
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
Profit Margin (%)
2,171
1,909
2,399
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
Working Capital
3,026
2,668
2,658
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
LT Debt
6,415
5,940
6,606
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
Total Equity
7.28
12.42
13.99
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 Invested Capital (%)
10.69
12.12
13.91
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 Capital (%)
14.02
16.21
18.93
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
Return on Common Equity (%)

Capital Structure

FRC

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
485
482
478
Market Capitalization
89,951
83,633
79,655

Working Capital

FRC

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

FRC

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

FRC

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

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.85
2.29
1.52
1.6
8.25
2025
2.81
2.46
1.52
1.69
8.47
2026
2.37
2.64
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.72
0.72
0.82
0.82
3.08
2025
0.82
0.82
0.91
0.91
3.46
2026
0.91
0.91
- -
- -
- -
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

  • Here's Why Investors Should Hold On to Marsh Stock for Now

  • Baird Financial Group Inc. Decreases Stock Holdings in Marsh & McLennan Companies, Inc. $MRSH

  • How Can Healthcare Inflation Fuel Growth for MRSH, UNH & CNC?

  • Employers Expect Health Benefit Costs to Jump 8.2% in 2027, and the Impact Will Likely Be Felt by Workers, According to Marsh

  • Marsh Flags Moderate 2027 Pay Hikes, Launches Cyber Protect in Asia

  • Media Advisory - Marsh and Resilience launch Cyber Protect in Asia to help organizations strengthen cyber resilience

  • Media Advisory - Marsh and Resilience launch Cyber Protect in Asia to help organizations strengthen cyber resilience

  • US Employers Stick With Moderate Pay Increases for 2027, According to Marsh's Mercer QuickPulse® Survey

  • US Employers Stick With Moderate Pay Increases for 2027, According to Marsh's Mercer QuickPulse® Survey

  • Connor Clark & Lunn Investment Management Ltd. Purchases Shares of 9,305 Marsh & McLennan Companies, Inc. $MRSH

  • Marsh's Oliver Wyman joins Anthropic's Claude Partner Network

  • Marsh's Oliver Wyman joins Anthropic's Claude Partner Network

  • MRSH Fairly Valued by DCF at $187

  • 37,603 Shares in Marsh & McLennan Companies, Inc. $MRSH Purchased by B. Metzler seel. Sohn & Co. AG

  • Bank of New York Mellon Corp Buys Shares of 3,194,567 Marsh & McLennan Companies, Inc. $MRSH

  • Advisors Capital Management LLC Makes New Investment in Marsh & McLennan Companies, Inc. $MRSH

  • Why Is Marsh (MRSH) Up 7.5% Since Last Earnings Report?

  • MRSH DCF Analysis: Intrinsic Value $187 vs Price $184

  • Mercer and Compa Join Forces to Bring Compensation Insights Into Everyday Workflows

  • Marsh's MMA to Acquire Accel, Bolstering Midwest Insurance Reach