Stock Analiz

Marsh & Mclennan Companies, Inc. MRSH

Specialty Insurers · data as of November 13, 2026

$207.78Market cap $98.8B
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Marsh & Mclennan Companies, Inc. (MRSH) is a financial company listed in the US with a market value of about $98.8B. In the twelve months to September 30, 2026 it had revenue of $28.5B and net income of $4.0B, a net margin of 14.2%.

Its overall Stock Analiz score is 3.0 out of 5 (average). The strongest part is track record (5/5); the weakest is value (1/5).

Key numbers: a P/E of 24.9, a price to free cash flow of 23.8, 5-year revenue growth of 9% a year, a 5-year average ROIC of 13%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 44% below the current price.

Score: 3.0 / 5

Value1/5
Future growth2/5
Track record5/5
Financial health2/5
Shareholder returns5/5

Checks passed

  • P/E below 25
  • Revenue growth above 10% last year
  • 3-year free cash flow growth above 10% a year
  • 5-year EPS growth above 10% a year
  • 5-year revenue growth above 8% a year
  • 5-year average ROIC above 12%
  • Profitable 5 years in a row
  • ROE above 15%

Checks not passed

  • P/E below the industry median
  • P/FCF below 20
  • Price below intrinsic value (DCF, moderate assumptions)
  • PEG below 1.5
  • 3-year revenue growth above 10% a year
  • Profit margin improving
  • Strong R&D investment or growth above 20%
  • More cash than debt, or low debt to equity

Valuation

P/E (TTM)24.9
Forward P/E18.0
P/FCF23.8
P/S3.5
P/B6.6
EV/EBITDA18.3
PEG1.51
Dividend yield1.91%
FCF yield4.2%
Shareholder yield4.0%
Intrinsic value vs. price−44%

Growth and quality

Revenue growth (1 yr)10.3%
Revenue growth (5 yrs, per year)9.4%
EPS growth (5 yrs, per year)16.4%
FCF growth (3 yrs, per year)18.6%
Net margin (5-yr avg.)15.8%
ROIC (5-yr avg.)13.3%
Profitable years (of last 10)10
Years paying a dividend10

Financials, last 10 years

Fiscal yearTTM2025202420232022202120202019201820172016
Revenue$28.5B$27.0B$24.5B$22.7B$20.7B$19.8B$17.2B$16.7B$14.9B$14.0B$13.2B
Net income$4.0B$4.2B$4.1B$3.8B$3.0B$3.1B$2.0B$1.7B$1.6B$1.5B$1.8B
Free cash flow$4.2B$5.0B$4.0B$3.8B$3.0B$3.1B$3.0B$1.9B$2.1B$1.6B$1.8B
EPS (diluted)$8.36$8.43$8.18$7.53$6.04$6.13$3.94$3.41$3.23$2.87$3.38
Net margin14.2%15.4%16.6%16.5%14.7%15.9%11.7%10.5%11.0%10.6%13.4%
ROIC—12.9%12.3%14.4%13.4%13.3%9.8%8.8%15.3%11.7%16.0%

From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.

What analysts expect

The average 12-month price target from 21 analysts is $206.62, 1% below the current price; targets range from $180.00 to $230.00; the consensus rating is “Buy”; expected EPS is $10.49 for the fiscal year ending December 31, 2026.

Frequently asked questions

What is Marsh & Mclennan Companies’s P/E ratio?

About 24.9, based on the last twelve months of diluted earnings per share (forward P/E about 18.0).

Is Marsh & Mclennan Companies stock undervalued?

Our DCF model with moderate assumptions puts its intrinsic value about 44% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.

Does Marsh & Mclennan Companies pay a dividend?

Yes. The dividend yield is about 1.91%, and it has paid dividends for 10 years in our data.

Is Marsh & Mclennan Companies a good stock to buy?

We do not give buy or sell advice. Marsh & Mclennan Companies scores 3.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.

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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.