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MRSH
MRSH
Marsh & McLennan Companies, Inc.
$188.35
1.81
(0.97%)
| Exchange: | NYSE |
| Market Cap: | 89.883B |
| Shares Outstanding: | 507M |
Delayed data
About The Company
| Sector: | Financial ServicesView sector performance | |||||
| Industry: | Insurance – BrokersView industry performance | |||||
| CEO: | John Q. Doyle | |||||
| Full Time Employees: | 95000 | |||||
| Address: |
| |||||
| Website: | http://www.corporate.marsh.com |
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.
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Revenue Segmentation
Industry Peers
| TICKER | COMPANY | MKT CAP | P/E | FWD P/E | ROIC |
|---|---|---|---|---|---|
 MRSH | Marsh & McLennan Companies, Inc. | 89.9B | 21.4 | 18.0 | 11.4% |
 AJG | Arthur J. Gallagher & Co. | 65.3B | 38.1 | 19.4 | 5.3% |
 AON | Aon plc | 62.1B | 15.0 | 15.8 | 13.2% |
 WTW | Willis Towers Watson Public Limited Co… | 29.3B | 18.2 | 15.9 | 11.1% |
 BRO | Brown & Brown, Inc. | 23.2B | 17.4 | 15.5 | 6.8% |
 RYAN | Ryan Specialty Holdings, Inc. | 5.0B | 38.9 | 18.9 | 4.7% |
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 22,736,000 | 24,458,000 | 26,981,000 |
| Gross Profit | 9,637,000 | 10,462,000 | 11,404,000 |
| EBITDA | 6,317,000 | 6,926,000 | 7,395,000 |
| Operating Income | 5,282,000 | 5,817,000 | 6,223,000 |
| Net Income | 3,756,000 | 4,060,000 | 4,160,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 48,030,000 | 56,481,000 | 58,710,000 |
| Total Liabilities | 35,660,000 | 42,946,000 | 43,395,000 |
| Total Stockholders Equity | 12,191,000 | 13,342,000 | 15,100,000 |
| Total Debt | 15,436,000 | 21,862,000 | 21,449,000 |
| Cash and Cash Equivalents | 3,358,000 | 2,398,000 | 2,687,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 4,258,000 | 4,302,000 | 5,292,000 |
| Capital Expenditure | -416,000 | -316,000 | -291,000 |
| Free Cash Flow | 3,842,000 | 3,986,000 | 5,001,000 |
| Net Income | 3,802,000 | 4,060,000 | 4,234,000 |
| Net Change in Cash | 2,050,000 | -478,000 | 486,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2028 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 30,643,025.764 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 32,107,899.157 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 31,573,951.813 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 8,405,249.181 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 9,301,046.429 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 8,853,147.805 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 5,740,139.311 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 6,408,999.113 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 6,074,569.212 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 0 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 0 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 0 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 12.520 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 13.080 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 11.710 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 11 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 4 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates MRSH intrinsic value between $95.49 – $150.85 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about MRSH valuation
Is Marsh & McLennan Companies, Inc. (MRSH) overvalued or undervalued right now?
MarketSnap estimates intrinsic value for Marsh & McLennan Companies, Inc. (MRSH) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is MRSH a buy, hold, or sell for long-term investors?
MarketSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether MRSH trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is MRSH’s P/E ratio?
You can see MRSH’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for MRSH?
MarketSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MarketSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is MRSH a good long-term investment?
Whether MRSH fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MarketSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
MRSH
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Daily snapshot
0.97
Trading Metrics:
| Open: | 187.01 | Previous Close: | 186.54 | |
| Day Low: | 186.56 | Day High: | 189.91 | |
| Year Low: | 156.6 | Year High: | 198.49 | |
| Price Avg 50: | 181.38 | Price Avg 200: | 176.7 | |
| Volume: | 2.765M | Average Volume: | 2.554M |
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