Marsh & McLennan Companies, Inc. (MRSH)
NYSE: MRSH · Real-Time Price · USD
199.27
+8.71 (4.57%)
At close: Oct 22, 2026, 4:00 PM EDT
199.90
+0.63 (0.32%)
After-hours: Oct 22, 2026, 7:58 PM EDT
MRSH Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 22, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
| 94,756 | 81,474 | 80,518 | 83,971 | 90,888 | 99,077 | 107,730 | 120,283 | 104,319 | 109,706 | 103,997 | 101,271 | 93,422 | 93,999 | 93,047 | 82,371 | 82,080 | 74,498 | 77,922 | 85,681 | 87,761 | |
Market Cap Growth (YoY) | 1.85% | -17.77% | -25.26% | -30.19% | -12.88% | -9.69% | 3.59% | 18.77% | 11.66% | 16.71% | 11.77% | 22.95% | 13.82% | 26.18% | 19.41% | -3.86% | -6.47% | -2.89% | 8.92% | 38.07% | 47.89% |
Enterprise Value | 115,246 | 102,406 | 101,595 | 102,948 | 110,009 | 119,219 | 128,748 | 139,940 | 117,494 | 123,686 | 118,124 | 113,528 | 106,296 | 107,636 | 107,265 | 94,630 | 94,788 | 87,677 | 91,274 | 97,304 | 99,500 |
Last Close Price | 199.27 | 169.74 | 164.77 | 170.60 | 181.55 | 196.33 | 212.09 | 235.92 | 204.59 | 214.09 | 201.46 | 196.24 | 179.87 | 179.98 | 177.23 | 156.39 | 154.86 | 139.19 | 144.20 | 157.80 | 160.39 |
Price Ratios
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 22, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 23.87 | 20.16 | 20.23 | 21.39 | 21.85 | 24.01 | 26.10 | 29.77 | 25.69 | 27.24 | 25.93 | 25.83 | 24.87 | 27.12 | 28.35 | 25.63 | 26.91 | 22.00 | 23.07 | 26.52 | 27.92 |
Forward PE | 17.76 | 15.56 | 15.65 | 16.73 | 18.36 | 20.28 | 22.51 | 25.60 | 23.04 | 24.31 | 23.65 | 24.18 | 22.35 | 23.11 | 23.96 | 22.03 | 22.78 | 20.97 | 22.25 | 25.41 | 26.23 |
PS Ratio | 3.33 | 2.86 | 2.88 | 3.05 | 3.37 | 3.75 | 4.18 | 4.80 | 4.26 | 4.58 | 4.40 | 4.35 | 4.11 | 4.23 | 4.31 | 3.91 | 3.96 | 3.58 | 3.77 | 4.22 | 4.43 |
PB Ratio | 6.46 | 5.46 | 5.22 | 5.67 | 5.94 | 6.45 | 6.74 | 8.43 | 7.71 | 7.90 | 7.67 | 8.02 | 7.55 | 8.11 | 7.67 | 7.36 | 7.64 | 7.61 | 7.14 | 7.68 | 7.82 |
P/FCF Ratio | 22.81 | 19.61 | 16.89 | - | 18.17 | 20.53 | 23.15 | - | 26.17 | 29.11 | 28.66 | - | 24.32 | 26.27 | 29.69 | - | 27.41 | 25.69 | 27.32 | - | 28.22 |
P/OCF Ratio | 21.18 | 18.21 | 15.86 | - | 17.18 | 19.48 | 21.91 | - | 24.25 | 26.57 | 25.83 | - | 21.94 | 23.64 | 26.21 | - | 23.69 | 21.88 | 23.29 | - | 24.96 |
PEG Ratio | 2.52 | 2.25 | 2.37 | 2.36 | 3.03 | 2.44 | 2.64 | 2.99 | 2.62 | 2.67 | 2.61 | 2.47 | 1.94 | 2.06 | 2.31 | 2.26 | 2.49 | 2.18 | 2.39 | 3.06 | 1.95 |
EV Ratios
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 22, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
EV/Sales Ratio | 4.05 | 3.60 | 3.64 | 3.74 | 4.08 | 4.51 | 4.99 | 5.59 | 4.80 | 5.17 | 5.00 | 4.88 | 4.68 | 4.85 | 4.97 | 4.49 | 4.58 | 4.21 | 4.42 | 4.80 | 5.02 |
EV/EBITDA Ratio | 14.62 | 13.38 | 13.36 | 13.66 | 14.22 | 15.62 | 17.07 | 19.12 | 16.25 | 17.33 | 16.82 | 16.59 | 16.15 | 17.19 | 17.77 | 15.98 | 16.66 | 15.41 | 16.13 | 17.50 | 18.09 |
EV/EBIT Ratio | 16.53 | 15.20 | 15.17 | 15.54 | 16.12 | 17.66 | 19.20 | 21.41 | 18.12 | 19.31 | 18.77 | 18.58 | 18.12 | 19.45 | 20.17 | 18.15 | 19.07 | 17.56 | 18.42 | 20.15 | 20.94 |
EV/FCF Ratio | 27.74 | 24.65 | 21.31 | - | 22.00 | 24.71 | 27.66 | - | 29.48 | 32.82 | 32.55 | - | 27.67 | 30.08 | 34.23 | - | 31.65 | 30.23 | 32.00 | - | 31.99 |
Financial Efficiency
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 22, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Debt / Equity Ratio | 1.50 | 1.50 | 1.45 | 1.52 | 1.40 | 1.40 | 1.35 | 1.57 | 1.62 | 1.07 | 1.14 | 1.22 | 1.25 | 1.35 | 1.21 | 1.34 | 1.25 | 1.36 | 1.27 | 1.25 | 1.17 |
Debt / EBITDA Ratio | 2.67 | 3.46 | 2.44 | 2.56 | 2.65 | 3.42 | 2.43 | 2.34 | 2.85 | 2.51 | 1.94 | 1.68 | 2.12 | 2.88 | 2.02 | 1.84 | 2.23 | 2.93 | 2.03 | 1.92 | 2.17 |
Debt / FCF Ratio | 5.38 | 5.38 | 4.70 | - | 4.29 | 4.44 | 4.64 | - | 5.49 | 3.92 | 4.25 | - | 4.02 | 4.36 | 4.67 | - | 4.50 | 4.58 | 4.86 | - | 4.23 |
Net Debt / Equity Ratio | 1.37 | 1.37 | 1.34 | 1.41 | 1.23 | 1.23 | 1.25 | 1.46 | 1.44 | 0.94 | 1.02 | 1.10 | 0.98 | 1.10 | 1.11 | 1.25 | 1.12 | 1.27 | 1.19 | 1.18 | 1.02 |
Net Debt / EBITDA Ratio | 2.60 | 2.68 | 2.72 | 2.77 | 2.43 | 2.48 | 2.64 | 2.84 | 2.69 | 1.82 | 1.96 | 2.04 | 1.84 | 2.03 | 2.23 | 2.36 | 2.11 | 2.19 | 2.29 | 2.36 | 2.08 |
Net Debt / FCF Ratio | 4.93 | 4.93 | 4.34 | 4.23 | 3.75 | 3.92 | 4.28 | 4.98 | 4.88 | 3.44 | 3.80 | 3.59 | 3.14 | 3.55 | 4.30 | 4.79 | 4.02 | 4.30 | 4.54 | 4.75 | 3.67 |
Asset Turnover | 0.46 | 0.50 | 0.52 | 0.45 | 0.43 | 0.48 | 0.50 | 0.46 | 0.46 | 0.52 | 0.54 | 0.46 | 0.46 | 0.58 | 0.60 | 0.53 | 0.58 | 0.64 | 0.65 | 0.61 | |
Quick Ratio | 0.50 | 0.50 | 0.53 | 0.51 | 0.52 | 0.52 | 0.55 | 0.51 | 0.51 | 0.49 | 0.52 | 0.49 | 0.51 | 0.48 | 0.43 | 1.02 | 0.43 | 0.96 | 1.08 | 1.08 | 1.15 |
Current Ratio | 1.09 | 1.09 | 1.14 | 1.11 | 1.10 | 1.12 | 1.20 | 1.14 | 1.13 | 1.14 | 1.17 | 1.14 | 1.10 | 1.08 | 1.05 | 1.15 | 1.06 | 1.04 | 1.16 | 1.18 | 1.24 |
Return on Equity (ROE) | 21.41% | 34.15% | 31.50% | 21.75% | 19.33% | 32.56% | 40.63% | 23.37% | 21.92% | 34.83% | 45.58% | 25.55% | 24.88% | 35.89% | 45.64% | 18.34% | 21.32% | 35.45% | 38.82% | 30.58% | |
Return on Assets (ROA) | 5.29% | 8.24% | 7.88% | 7.14% | 5.21% | 8.12% | 9.02% | 7.54% | 5.97% | 8.88% | 10.43% | 7.95% | 5.62% | 9.43% | 11.15% | 7.83% | 6.48% | 10.60% | 11.07% | 9.02% | |
Return on Invested Capital (ROIC) | 2.78% | 4.12% | 3.98% | 3.88% | 2.61% | 3.96% | 4.65% | 4.25% | 3.15% | 4.62% | 5.96% | 4.58% | 3.38% | 4.55% | 5.49% | 4.07% | 2.77% | 4.41% | 4.90% | 4.63% | |
Return on Capital Employed (ROCE) | 18.50% | 17.90% | 17.50% | 17.60% | 18.10% | 17.90% | 17.10% | 17.60% | 17.50% | 21.20% | 21.20% | 21.10% | 20.80% | 20.20% | 19.90% | 19.70% | 18.90% | 20.20% | 18.70% | 17.80% | 17.10% |
Yields
Fiscal Quarter | Current | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 22, 2026 | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Earnings Yield | 4.19% | 4.96% | 4.94% | 4.67% | 4.58% | 4.17% | 3.83% | 3.36% | 3.89% | 3.67% | 3.86% | 3.87% | 4.02% | 3.69% | 3.53% | 3.90% | 3.72% | 4.55% | 4.33% | 3.77% | 3.58% |
FCF Yield | 4.38% | 5.10% | 5.92% | 5.87% | 5.50% | 4.87% | 4.32% | 3.47% | 3.82% | 3.44% | 3.49% | 3.83% | 4.11% | 3.81% | 3.37% | 3.54% | 3.65% | 3.89% | 3.66% | 3.23% | 3.54% |
Dividend Yield | 1.99% | 2.21% | 2.19% | 2.07% | 1.88% | 1.70% | 1.53% | 1.33% | 1.49% | 1.36% | 1.39% | 1.38% | 1.43% | 1.36% | 1.32% | 1.42% | 1.39% | 1.50% | 1.41% | 1.25% | 1.19% |
Payout Ratio | 47.43% | 58.91% | 34.60% | 38.39% | 52.38% | 59.57% | 33.44% | 29.33% | 49.36% | 54.08% | 31.29% | 25.29% | 45.11% | 48.36% | 28.50% | 23.97% | 61.16% | 53.66% | 28.44% | 25.40% | 32.88% |
Buyback Yield / Dilution | 2.22% | 3.04% | 2.63% | 1.82% | 1.21% | 0.40% | 0.20% | 0.40% | 0.40% | 0.60% | 0.60% | 0.60% | 0.60% | 0.80% | 1.38% | 1.77% | 1.96% | 1.95% | 1.36% | 0.97% | 0.39% |
Total Shareholder Return | 4.21% | 5.24% | 4.82% | 3.89% | 3.08% | 2.10% | 1.73% | 1.74% | 1.89% | 1.97% | 1.99% | 1.98% | 2.03% | 2.16% | 2.70% | 3.19% | 3.35% | 3.45% | 2.77% | 2.23% | 1.58% |