Marsh & McLennan Companies, Inc. (MRSH)

MRSH Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 13, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	83,342	89,977	104,651	93,336	81,877	87,243
Market Cap Growth	-27.67%	-14.02%	12.12%	13.99%	-6.15%	46.72%
Enterprise Value	102,104	108,621	123,983	105,281	93,826	98,534
Last Close Price	172.15	185.52	212.41	189.47	165.48	173.82
PE Ratio	20.42	22.01	25.97	25.16	27.40	28.36
Forward PE	16.58	18.36	23.04	22.35	22.78	26.23
PEG Ratio	2.49	3.03	2.62	1.94	2.49	1.95
PS Ratio	3.09	3.33	4.28	4.11	3.95	4.40
PB Ratio	5.53	5.96	7.84	7.66	7.78	7.92
P/TBV Ratio	5.63	6.07	7.90	7.76	7.94	8.10
P/FCF Ratio	16.67	17.99	26.25	24.29	27.34	28.05
P/OCF Ratio	15.75	17.00	24.33	21.92	23.63	24.81
EV/Sales Ratio	3.78	4.03	5.07	4.63	4.53	4.97
EV/EBITDA Ratio	13.04	14.62	18.12	16.76	17.37	18.29
EV/EBIT Ratio	14.75	17.45	21.31	19.93	21.92	22.85
EV/FCF Ratio	20.42	21.72	31.10	27.40	31.33	31.68
Debt / Equity Ratio	1.38	1.38	1.59	1.22	1.22	1.14
Debt / EBITDA Ratio	2.89	2.89	3.20	2.46	2.49	2.44
Debt / FCF Ratio	4.29	4.29	5.49	4.02	4.50	4.23
Net Debt / Equity Ratio	1.24	1.24	1.46	0.99	1.14	1.04
Net Debt / EBITDA Ratio	2.53	2.53	2.84	1.92	2.23	2.12
Net Debt / FCF Ratio	3.75	3.75	4.88	3.14	4.02	3.67
Asset Turnover	0.47	0.47	0.47	0.49	0.53	0.59
Quick Ratio	0.49	0.49	0.49	0.49	0.41	1.10
Current Ratio	1.10	1.10	1.13	1.10	1.06	1.24
Return on Equity (ROE)	29.35%	29.35%	31.79%	32.89%	28.10%	30.99%
Return on Assets (ROA)	8.26%	8.26%	8.36%	8.67%	8.25%	9.65%
Return on Invested Capital (ROIC)	10.04%	10.04%	10.37%	10.85%	10.37%	12.61%
Return on Capital Employed (ROCE)	16.68%	16.68%	17.84%	19.38%	15.85%	15.90%
Earnings Yield	4.99%	4.54%	3.85%	3.97%	3.65%	3.53%
FCF Yield	6.00%	5.56%	3.81%	4.12%	3.66%	3.56%
Dividend Yield	2.09%	1.87%	1.45%	1.39%	1.38%	1.16%
Payout Ratio	42.70%	40.84%	37.27%	34.56%	37.31%	32.64%
Buyback Yield / Dilution	2.12%	2.12%	0.78%	1.18%	2.47%	1.26%
Total Shareholder Return	4.21%	3.99%	2.23%	2.56%	3.85%	2.42%

Updated Jan 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.