Marsh McLennan

NYSE: MRSH

Stock price

188.69 USD

(+0%) TODAY

Financial Performance

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5Y price score: 32

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The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.

A score of 100 indicates that the stock did as well as the S&P 500 Index.

A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.

10Y return: 211.5%

DATE RANGE:

US$ Per
Share

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156.6

52-week range

213.8

188.69

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Required return / cost of capital
%
FCFF terminal growth rate
%

Your fair value & Margin of safety

To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.

Forecast:

Valuation

Free Cash Flow Yield

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FCF Yield TTM = Trailing Twelve Months free cash flow per share / current market price per shareLearn more

5.2 %

Dividend Yield TTM

2 %

Market cap $

$ 90,045

Price / Earnings TTM

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P/E TTM = current market price per share / Trailing Twelve Months diluted earnings per shareLearn more

23.1

Price / Book TTM

6

PEG TTM

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Price/Earnings-to-Growth ratio = P/E TTM divided by most recent annual diluted earnings per share growth rateLearn more

7.5

Earnings growth and return

LTM

5YR

10YR

Total return (price & dividends)

(8.2) %

33.2 %

211.5 %

Free cash flow per share growth

27 %

72.2 %

250 %

Earnings per share growth

3.1 %

114 %

182.9 %

Founded: 1,905

Employees: 90,000

Business Summary:Marsh & McLennan Companies, Inc. (MRSH) functions as a leading professional services organization, delivering expert guidance and innovative solutions to clients across the vital domains of risk management, strategic planning, and human capital. Based in New York City, the firm maintains a substantial global workforce, employing approximately 65,000 full-time professionals. This entity serves as the parent company for several prominent advisory and consulting brands. These include Marsh, renowned for its insurance brokerage services; Guy Carpenter, a specialist in risk and reinsurance; Mercer, which provides comprehensive human resources and investment-related financial advice; and Oliver Wyman Group, an influential management and economic consultancy. Marsh & McLennan structures its operations into two core business segments. The "Risk and Insurance Services" division encompasses activities such as risk management, along with comprehensive insurance and reinsurance brokerage and services. The "Consulting" division offers a broad spectrum of services, including health, retirement, talent, and investment consulting, as well as specialized advice in management, economics, and brand strategy. The Risk and Insurance Services segment's operations are primarily conducted through Marsh and Guy Carpenter, while Mercer and Oliver Wyman Group are the key contributors to the Consulting segment's offerings.

Fair Value Reference Estimate

Latest Earnings Call Takeaways

2026 Q2 (Jul 21, 2026)

1) Strategic Initiatives and Leadership - Marsh's Thrive program aims to enhance growth by investing in brand, capabilities, and sales capacity. - The company is transitioning Guy Carpenter and Mercer to the Marsh brand, expected to complete in September. - Partnerships, such as with Formula 1, are enhancing brand visibility and targeting C-suite leaders. - Investments in AI are a key focus, with new platforms like Marsh Risk Companion and Atlas introduced to improve client services and operational efficiency.

2) Financial Performance Overview - Consolidated revenue for Q2 2026 increased 6% to $7.4 billion, with underlying growth of 5%. - Adjusted EPS rose 9% YoY to $2.96; adjusted operating income grew 5% to $2.2 billion. - Revenue breakdown: | Segment | Q2 Revenue (Billion) | YoY Growth (%) | Underlying Growth (%) | |-----------------------------|----------------------|----------------|-----------------------| | Risk & Insurance Services | 4.8 | 4 | 3 | | Consulting | 2.6 | 10 | 8 | | Marsh Risk | 4.1 | 6 | 4 | | Guy Carpenter | 0.664 | -2 | -2 | | Mercer | 1.6 | 7 | 5 | | Marsh Management Consulting | 1.0 | 15 | 13 |

3) Market Challenges and Headwinds - The global insurance market is experiencing soft pricing, with primary commercial insurance rates down 6% in Q2. - Guy Carpenter faced challenges due to declining property cat pricing and market consolidation. - Despite these headwinds, Marsh has maintained strong client retention and new business growth.

4) Operational and Product Developments - Marsh is focusing on enhancing its AI capabilities to drive growth and efficiency. - New AI tools, such as Claims IQ and LenWork, are being rolled out to improve productivity and client outcomes. - The company is actively hiring in key markets to bolster its sales capacity, particularly in the U.S. and Canada.

5) Guidance and Outlook - For the remainder of 2026, Marsh expects underlying revenue growth to be similar to 2025 levels, with continued margin expansion and adjusted EPS growth. - The company plans to deploy approximately $5.5 billion in capital for dividends, acquisitions, and share repurchases, reflecting confidence in its financial outlook.

Bottom line: Marsh is navigating a challenging market with strategic investments in branding, AI, and talent acquisition, positioning itself for sustained growth despite pricing headwinds. Shareholders can expect continued revenue growth and margin expansion in the coming quarters.

Annual Reports, Presentations And IR Contacts

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Marsh McLennan — Financial Overview, Stock Price, Market Cap

Marsh McLennan is a company. Founded in 1905. As of August 14, 2026, the company's market capitalization is $90044994159 with a current stock price of $188.69.