Marsh & McLennan Companies, Inc. (MMC)

NYSE: MMC · IEX Real-Time Price · USD
205.98
+0.37 (0.18%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

MMC has a market cap or net worth of $101.16 billion. The enterprise value is $102.45 billion.

Market Cap 101.16B
Enterprise Value 102.45B

Important Dates

The next confirmed earnings date is Thursday, April 18, 2024, before market open.

Earnings Date Apr 18, 2024
Ex-Dividend Date Apr 3, 2024

Share Statistics

MMC has 491.66 million shares outstanding. The number of shares has decreased by -1.19% in one year.

Shares Outstanding 491.66M
Shares Change (YoY) -1.19%
Shares Change (QoQ) n/a
Owned by Insiders (%) 0.11%
Owned by Institutions (%) 90.49%
Float 490.41M

Valuation Ratios

The trailing PE ratio is 27.35 and the forward PE ratio is 23.62. MMC's PEG ratio is 2.52.

PE Ratio 27.35
Forward PE 23.62
PS Ratio 4.45
Forward PS 4.12
PB Ratio 8.30
P/FCF Ratio 26.33
PEG Ratio 2.52
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 15.62, with an EV/FCF ratio of 26.67.

EV / Earnings 27.28
EV / Sales 4.51
EV / EBITDA 15.62
EV / EBIT 18.43
EV / FCF 26.67

Financial Position

The company has a current ratio of 1.10, with a Debt / Equity ratio of 1.27.

Current Ratio 1.10
Quick Ratio 1.04
Debt / Equity 1.27
Debt / EBITDA 2.35
Debt / FCF 4.02
Interest Coverage 9.62

Financial Efficiency

Return on equity (ROE) is 32.30% and return on invested capital (ROIC) is 14.42%.

Return on Equity (ROE) 32.30%
Return on Assets (ROA) 8.50%
Return on Capital (ROIC) 14.42%
Revenue Per Employee $267,482
Profits Per Employee $44,188
Employee Count 85,000
Asset Turnover 0.51
Inventory Turnover n/a

Taxes

In the past 12 months, MMC has paid $1.22 billion in taxes.

Income Tax 1.22B
Effective Tax Rate 24.58%

Stock Price Statistics

The stock price has increased by +26.91% in the last 52 weeks. The beta is 0.89, so MMC's price volatility has been lower than the market average.

Beta (1Y) 0.89
52-Week Price Change +26.91%
50-Day Moving Average 200.75
200-Day Moving Average 193.88
Relative Strength Index (RSI) 58.19
Average Volume (30 Days) 1,679,708

Short Selling Information

The latest short interest is 3.89 million, so 0.79% of the outstanding shares have been sold short.

Short Interest 3.89M
Short Previous Month 3.81M
Short % of Shares Out 0.79%
Short % of Float 0.79%
Short Ratio (days to cover) 2.77

Income Statement

In the last 12 months, MMC had revenue of $22.74 billion and earned $3.76 billion in profits. Earnings per share was $7.53.

Revenue 22.74B
Gross Profit 22.74B
Operating Income 5.28B
Pretax Income 4.98B
Net Income 3.76B
EBITDA 6.56B
EBIT 5.56B
Earnings Per Share (EPS) $7.53
Full Income Statement

Balance Sheet

The company has $14.15 billion in cash and $15.44 billion in debt, giving a net cash position of -$1.28 billion or -$2.61 per share.

Cash & Cash Equivalents 14.15B
Total Debt 15.44B
Net Cash -1.28B
Net Cash Per Share -$2.61
Equity / Book Value 12.19B
Book Value Per Share 24.80
Working Capital 1.95B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $4.26 billion and capital expenditures -$416.00 million, giving a free cash flow of $3.84 billion.

Operating Cash Flow 4.26B
Capital Expenditures -416.00M
Free Cash Flow 3.84B
FCF Per Share $7.78
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 23.23% and 16.52%.

Gross Margin 100.00%
Operating Margin 23.23%
Pretax Margin 21.90%
Profit Margin 16.52%
EBITDA Margin 28.85%
EBIT Margin 24.45%
FCF Margin 16.90%

Dividends & Yields

This stock pays an annual dividend of $2.84, which amounts to a dividend yield of 1.38%.

Dividend Per Share $2.84
Dividend Yield 1.38%
Dividend Growth (YoY) 20.34%
Years of Dividend Growth 14
Payout Ratio 37.72%
Buyback Yield 1.19%
Shareholder Yield 2.57%
Earnings Yield 3.71%
FCF Yield 3.80%
Dividend Details

Analyst Forecast

The average price target for MMC is $201.77, which is -2.04% lower than the current price. The consensus rating is "Hold".

Price Target $201.77
Price Target Difference -2.04%
Analyst Consensus Hold
Analyst Count 13
Revenue Growth Forecast (5Y) 4.62%
EPS Growth Forecast (5Y) 9.09%
Stock Forecasts

Stock Splits

The last stock split was on July 1, 2002. It was a forward split with a ratio of 2:1.

Last Split Date Jul 1, 2002
Split Type Forward
Split Ratio 2:1

Scores

MMC has an Altman Z-Score of 3.27 and a Piotroski F-Score of 6.

Altman Z-Score 3.27
Piotroski F-Score 6