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Marsh & McLennan Companies, Inc. MRSH

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Price alert · MRSH

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209.43 USD -0.95 (-0.45%)

At closeNov 5, 2026, 5:23 PM EST

209.43 0.00 0.00%

After hours · Nov 5, 5:23 PM ET

208.15 Day range 213.99
157.32 52-week range 210.38
YTD
+12.89%
1 year
+17.39%

Financial health

Altman Z-Score

2.82 Grey zone

Bankruptcy-risk model: below 1.81 distress, above 2.99 safe.

Piotroski F-Score

7 / 9 Strong

Nine pass/fail tests of profitability, leverage and efficiency.

Rating

B3 / 5 overall

  • DCF 3
  • Return on Equity 5
  • Return on Assets 5
  • Debt / Equity 2
  • P/E 1
  • P/B 1

Valuation

P/E 21.9×
FY 2016: 19.8×FY 2017: 28.0×FY 2018: 24.5×FY 2019: 32.4×FY 2020: 29.4×FY 2021: 28.0×FY 2022: 27.1×FY 2023: 24.9×FY 2024: 25.7×FY 2025: 21.9×
FY 2016 5y median 25.7× FY 2025
P/S 3.3×
FY 2016: 2.7×FY 2017: 3.0×FY 2018: 2.7×FY 2019: 3.4×FY 2020: 3.4×FY 2021: 4.4×FY 2022: 4.0×FY 2023: 4.1×FY 2024: 4.3×FY 2025: 3.3×
FY 2016 5y median 4.1× FY 2025
P/B 6.0×
FY 2016: 5.7×FY 2017: 5.7×FY 2018: 5.4×FY 2019: 7.2×FY 2020: 6.5×FY 2021: 8.0×FY 2022: 7.8×FY 2023: 7.7×FY 2024: 7.8×FY 2025: 6.0×
FY 2016 5y median 7.8× FY 2025
P/FCF 18.1×
FY 2016: 20.0×FY 2017: 26.2×FY 2018: 19.1×FY 2019: 29.1×FY 2020: 19.5×FY 2021: 28.3×FY 2022: 27.6×FY 2023: 24.4×FY 2024: 26.2×FY 2025: 18.1×
FY 2016 5y median 26.2× FY 2025
EV/EBITDA 14.8×
FY 2016: 12.5×FY 2017: 13.7×FY 2018: 14.9×FY 2019: 19.2×FY 2020: 17.5×FY 2021: 18.4×FY 2022: 18.0×FY 2023: 16.7×FY 2024: 17.9×FY 2025: 14.8×
FY 2016 5y median 17.9× FY 2025
EV/Sales 4.0×
FY 2016: 2.9×FY 2017: 3.3×FY 2018: 3.0×FY 2019: 4.2×FY 2020: 4.1×FY 2021: 5.0×FY 2022: 4.6×FY 2023: 4.6×FY 2024: 5.1×FY 2025: 4.0×
FY 2016 5y median 4.6× FY 2025
FCF Yield 5.5%
FY 2016: 5.0%FY 2017: 3.8%FY 2018: 5.2%FY 2019: 3.4%FY 2020: 5.1%FY 2021: 3.5%FY 2022: 3.6%FY 2023: 4.1%FY 2024: 3.8%FY 2025: 5.5%
FY 2016 5y median 3.8% FY 2025

Profitability

Gross Margin 42.3%
FY 2016: 41.8%FY 2017: 42.3%FY 2018: 42.4%FY 2019: 41.5%FY 2020: 41.2%FY 2021: 42.4%FY 2022: 41.7%FY 2023: 42.4%FY 2024: 42.8%FY 2025: 42.3%
FY 2016 5y median 42.4% FY 2025
Operating Margin 23.1%
FY 2016: 18.4%FY 2017: 18.9%FY 2018: 18.5%FY 2019: 16.1%FY 2020: 17.8%FY 2021: 21.8%FY 2022: 20.7%FY 2023: 23.2%FY 2024: 23.8%FY 2025: 23.1%
FY 2016 5y median 23.1% FY 2025
Net Margin 15.4%
FY 2016: 13.4%FY 2017: 10.6%FY 2018: 11.0%FY 2019: 10.5%FY 2020: 11.7%FY 2021: 15.9%FY 2022: 14.7%FY 2023: 16.5%FY 2024: 16.6%FY 2025: 15.4%
FY 2016 5y median 15.9% FY 2025
ROE 27.5%
FY 2016: 28.6%FY 2017: 20.3%FY 2018: 22.0%FY 2019: 22.4%FY 2020: 22.1%FY 2021: 28.5%FY 2022: 29.0%FY 2023: 30.8%FY 2024: 30.4%FY 2025: 27.5%
FY 2016 5y median 29.0% FY 2025
ROIC 12.1%
FY 2016: 12.2%FY 2017: 9.2%FY 2018: 12.1%FY 2019: 7.4%FY 2020: 8.2%FY 2021: 11.6%FY 2022: 12.1%FY 2023: 13.2%FY 2024: 11.6%FY 2025: 12.1%
FY 2016 5y median 12.1% FY 2025
ROA 7.1%
FY 2016: 9.7%FY 2017: 7.3%FY 2018: 7.6%FY 2019: 5.6%FY 2020: 6.1%FY 2021: 9.1%FY 2022: 6.9%FY 2023: 7.8%FY 2024: 7.2%FY 2025: 7.1%
FY 2016 5y median 7.2% FY 2025

Growth (YoY)

Revenue 10.3%
FY 2016: 2.5%FY 2017: 6.2%FY 2018: 6.6%FY 2019: 11.4%FY 2020: 3.4%FY 2021: 15.1%FY 2022: 4.5%FY 2023: 9.7%FY 2024: 7.6%FY 2025: 10.3%
FY 2016 FY 2025
Operating Income 7.0%
FY 2016: 0.5%FY 2017: 9.2%FY 2018: 4.0%FY 2019: -3.0%FY 2020: 14.5%FY 2021: 40.6%FY 2022: -0.7%FY 2023: 23.4%FY 2024: 10.1%FY 2025: 7.0%
FY 2016 FY 2025
EPS (diluted) 3.1%
FY 2016: 13.1%FY 2017: -14.8%FY 2018: 12.5%FY 2019: 5.6%FY 2020: 15.5%FY 2021: 55.6%FY 2022: -1.5%FY 2023: 24.7%FY 2024: 8.6%FY 2025: 3.1%
FY 2016 FY 2025
Free Cash Flow 25.5%
FY 2016: 12.2%FY 2017: -9.3%FY 2018: 32.9%FY 2019: -8.2%FY 2020: 56.4%FY 2021: 2.5%FY 2022: -3.7%FY 2023: 28.3%FY 2024: 3.7%FY 2025: 25.5%
FY 2016 FY 2025

Financial Health

Current Ratio 1.1×
FY 2016: 1.2×FY 2017: 1.3×FY 2018: 1.2×FY 2019: 1.1×FY 2020: 1.2×FY 2021: 1.2×FY 2022: 1.1×FY 2023: 1.1×FY 2024: 1.1×FY 2025: 1.1×
FY 2016 5y median 1.1× FY 2025
Quick Ratio 1.1×
FY 2016: 1.2×FY 2017: 1.3×FY 2018: 1.2×FY 2019: 1.1×FY 2020: 1.2×FY 2021: 1.2×FY 2022: 1.1×FY 2023: 1.1×FY 2024: 1.1×FY 2025: 1.1×
FY 2016 5y median 1.1× FY 2025
Debt / Equity 1.4×
FY 2016: 0.8×FY 2017: 0.7×FY 2018: 0.8×FY 2019: 1.8×FY 2020: 1.5×FY 2021: 1.2×FY 2022: 1.3×FY 2023: 1.3×FY 2024: 1.6×FY 2025: 1.4×
FY 2016 5y median 1.3× FY 2025
Net Debt / EBITDA 2.5×
FY 2016: 1.2×FY 2017: 1.3×FY 2018: 1.6×FY 2019: 3.6×FY 2020: 2.8×FY 2021: 2.1×FY 2022: 2.3×FY 2023: 1.9×FY 2024: 2.8×FY 2025: 2.5×
FY 2016 5y median 2.3× FY 2025
Interest Coverage 6.5×
FY 2016: 12.9×FY 2017: 11.2×FY 2018: 9.5×FY 2019: 5.1×FY 2020: 6.0×FY 2021: 9.7×FY 2022: 9.1×FY 2023: 9.1×FY 2024: 8.3×FY 2025: 6.5×
FY 2016 5y median 9.1× FY 2025

Dividends

Dividend Yield 1.9%
FY 2016: 1.9%FY 2017: 1.8%FY 2018: 2.0%FY 2019: 1.6%FY 2020: 1.6%FY 2021: 1.2%FY 2022: 1.4%FY 2023: 1.4%FY 2024: 1.4%FY 2025: 1.9%
FY 2016 5y median 1.4% FY 2025
Payout Ratio 40.8%
FY 2016: 38.6%FY 2017: 49.6%FY 2018: 48.9%FY 2019: 50.5%FY 2020: 46.8%FY 2021: 32.6%FY 2022: 37.3%FY 2023: 34.6%FY 2024: 37.3%FY 2025: 40.8%
FY 2016 5y median 37.3% FY 2025

Annual · latest fiscal year ends 2025-12-31