Marsh & McLennan Companies, Inc. (MMC)
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 |
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 |
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 |
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 |
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% |
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 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 |