Marsh & McLennan Companies, Inc. (MRSH) is a Financials stock trading at $187.76 (as of 2026-09-02), with a market capitalization of $89.60B and a trailing P/E of 22.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Marsh & McLennan Companies, Inc. is a professional services firm that provides guidance and services related to risk, insurance and reinsurance, and consulting in areas such as health, retirement, talent and investments. It operates through two segments—Risk and Insurance Services (Marsh, Guy Carpenter) and Consulting (Mercer, Oliver Wyman Group)—serving clients seeking these advisory solutions.
Marsh & McLennan sells risk advisory, insurance brokerage, and HR and management consulting to large corporations, earning service fees and asset-management charges. The mix is heavily weighted toward insurance brokerage (69% of revenue), with consulting and wealth management filling out the rest.
Revenue scales with the global insurance premium base; the firm collects placement and advisory fees whether the underlying policies profit or lose, making it a structural tollbooth on risk transfer with a consulting and wealth-management layer adding diversification.
| Risk & Insurance Services | $5.1B |
| Consulting | $2.6B |
Business quality (Solid): Solid quality: 26% operating margin, 26% ROE, and 6% top-line growth. The risk is price: at 23.3x trailing earnings versus a 13x industry norm, investors are paying a 79% premium for that quality, so any growth disappointment hits the multiple.
Valuation: At 23× earnings, MRSH trades 79% above the Insurance average (13×).
| Price | $187.76 |
| Market Cap | $89.60B |
| P/E Ratio | 22.5 |
| EV / EBITDA | 15.0 |
| Price / Book | 5.81 |
| Price / Sales | 3.21 |
| FCF Yield | 5.6% |
| DCF Value (model) | $139.73 |
| DCF Upside vs Price | -25.6% |
| Revenue (TTM) | $26.98B |
| Net Margin | 15.4% |
| Revenue Growth (YoY) | 6.2% |
| EPS Growth (YoY) | 7.3% |
| FCF Growth (YoY) | -10.0% |
| Altman Z-Score | 2.77 (grey) |
| Stock P/E | 22.5 |
| Sector P/E (Financials) | 14.9 |
| Industry P/E (Insurance) | 12.1 |
| vs Sector | 50.9% |
| vs Industry | 85.3% |
| Top Institutional Holder | VANGUARD GROUP INC ($8.64B) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 2 |
| Sector | Financials |
| Industry | Insurance |
| CEO | John Quinlan Doyle |
| Employees | 90,000 |
| Country | US |
| IPO Date | 1987-12-30 |
Data as of 2026-09-02.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.