MARSH & MCLENNAN COMPANIES, INC.
MRSHNYSE · SIC 6411
$182.18
↑ +0.0%Jul 17 close · end-of-day
Price
1Y↓ -12.4%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$88.5B
Enterprise Value
$106.5B
P/E
22.8
P/S
3.2
P/B
6.0
EV/EBITDA
16.8
PEG
1.9
FCF Yield
5.6%
Dividend Yield
2.0%
Revenue (TTM)
$27.5B
Net Income (TTM)
$3.9B
Free Cash Flow (TTM)
$4.9B
Gross Margin
—
Operating Margin
21.7%
Net Margin
14.3%
ROE
26.5%
ROIC
13.8%
Debt / Equity
1.3
Net Cash
-$17.9B
Return 1Y
-12.0%
Company profile
Marsh & McLennan Companies, Inc. provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions. The Consulting segment provides health, wealth, and career consulting services.
- CEO
- Daniel S. Glaser
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Insurance
- Employees
- 85,000
- Headquarters
- New York
- Website
- mmc.com
Management & directors
- Doyle John QPresident and CEO
- Tomlinson PatrickPresident and CEO, Mercer
- Jones John JudeChief Marketing Officer
- Studer Nicholas MarkPresident and CEO of OWG
- Beswick PaulSVP, Chief Information Officer
- Brennan KatherineSVP and General Counsel
- Fernandez CarmenSVP, Chief People Officer
- Klisura Dean MichaelPresident & CEO, Guy Carpenter
- Mcgivney Mark CChief Financial Officer
- Mills StacyVice President and Controller
- South MartinPresident & CEO, Marsh Risk
Roles derived from SEC Form 4 filings.
Earnings
MRSH Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$7.6B↑ +7.6%
Diluted EPS$2.36↓ -15.4%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $17.2B | $19.8B | $20.7B | $22.7B | $24.5B | $27.0B |
| Gross profit | — | — | — | — | — | — |
| Operating income | $3.1B | $4.3B | $4.3B | $5.3B | $5.8B | $6.2B |
| Net income | $2.0B | $3.1B | $3.0B | $3.8B | $4.1B | $4.2B |
| Diluted EPS | $3.94 | $6.13 | $6.04 | $7.53 | $8.18 | $8.43 |
| Operating cash flow | $3.4B | $3.5B | $3.5B | $4.3B | $4.3B | $5.3B |
| Free cash flow | $3.0B | $3.1B | $3.0B | $3.8B | $4.0B | $5.0B |
| Gross margin | — | — | — | — | — | — |
| Operating margin | 17.8% | 21.8% | 20.7% | 23.2% | 23.8% | 23.1% |
| Net margin | 11.7% | 15.9% | 14.7% | 16.5% | 16.6% | 15.4% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.2B | $5.7B | $6.1B | $7.1B | $7.0B | $6.4B | $6.6B | $7.6B |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $1.6B | $1.1B | $1.1B | $2.0B | $1.8B | $1.2B | $1.2B | $1.8B |
| Net income | $1.1B | $747.0M | $788.0M | $1.4B | $1.2B | $747.0M | $821.0M | $1.1B |
| Diluted EPS | $2.27 | $1.51 | $1.58 | $2.79 | $2.45 | $1.51 | $1.68 | $2.36 |
| Operating cash flow | $1.2B | $1.9B | $2.0B | -$622.0M | $1.7B | $2.1B | $2.2B | -$688.0M |
| Free cash flow | $1.1B | $1.8B | $1.9B | -$677.0M | $1.6B | $2.0B | $2.1B | -$750.0M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 26.4% | 19.4% | 18.8% | 28.4% | 26.2% | 18.4% | 18.5% | 23.1% |
| Net margin | 18.1% | 13.1% | 13.0% | 19.6% | 17.4% | 11.8% | 12.4% | 15.1% |
Company news
Jul 20, 2026
Jul 17, 2026
Jul 16, 2026
- 4d agoMarsh Partners With American Beacon to Expand Advisor Solutionsfinance.yahoo.com
- 4d agoMarsh Survey Reveals That Insurers’ Private Credit Appetite Continues to Grow, but Discipline Remains Paramountfinance.yahoo.com
- 4d agoCurious about Marsh (MRSH) Q2 Performance? Explore Wall Street Estimates for Key Metricsfinance.yahoo.com
Jul 15, 2026
Jul 14, 2026
- 6d agoQ1 Rundown: Marsh (NYSE:MRSH) Vs Other Insurance Brokers Stocksfinance.yahoo.com
- 6d agoMarsh (MRSH) Reports Next Week: Wall Street Expects Earnings Growthfinance.yahoo.com
- 6d agoAI is Creating a New Competitive Divide Across Transport, Logistics and Defense, New Report From Oliver Wyman Forum Findsfinance.yahoo.com
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-02 | Doyle John Q· President and CEO | Sale | 16,656 | $161.71 | $2.7M | filing |
| 2026-06-02 | Doyle John Q· President and CEO | Option exercise | 16,656 | $73.20 | $1.2M | filing |
| 2026-06-01 | Harrison Peter | Award | 1,350 | $159.28 | $214,999.33 | filing |
| 2026-06-01 | BROUSSARD BRUCE D | Award | 1,349 | $159.28 | $214,868.72 | filing |
| 2026-06-01 | Hartmann Judith | Award | 1,349 | $159.28 | $214,868.72 | filing |
| 2026-06-01 | MILLS STEVEN A | Award | 1,349 | $159.28 | $214,868.72 | filing |
| 2026-06-01 | HANWAY H EDWARD | Award | 1,349 | $159.28 | $214,868.72 | filing |
| 2026-06-01 | Harrison Peter | Tax withholding | 103 | $159.28 | $16,467.96 | filing |
| 2026-05-15 | MILLS STEVEN A | Award | 264 | $160.60 | $42,398.40 | filing |
| 2026-03-15 | Tomlinson Patrick· President and CEO, Mercer | Tax withholding | 627 | $172.15 | $107,938.05 | filing |
| 2026-03-15 | Tomlinson Patrick· President and CEO, Mercer | Option exercise | 1,228 | $0.00 | $0.00 | filing |
| 2026-03-11 | Jones John Jude· Chief Marketing Officer | Sale | 2,362 | $173.61 | $410,067.06 | filing |
| 2026-03-04 | Doyle John Q· President and CEO | Sale | 16,655 | $183.30 | $3.1M | filing |
| 2026-03-04 | Doyle John Q· President and CEO | Option exercise | 16,655 | $0.00 | $0.00 | filing |
| 2026-03-03 | Studer Nicholas Mark· President and CEO of OWG | Sale | 3,837 | $184.03 | $706,122.73 | filing |
| 2026-02-28 | Doyle John Q· President and CEO | Tax withholding | 30,380 | $186.74 | $5.7M | filing |
| 2026-02-28 | MCGIVNEY MARK C· Chief Financial Officer | Tax withholding | 9,170 | $186.74 | $1.7M | filing |
| 2026-02-28 | South Martin· President & CEO, Marsh Risk | Tax withholding | 8,006 | $186.74 | $1.5M | filing |
| 2026-02-28 | Klisura Dean Michael· President & CEO, Guy Carpenter | Tax withholding | 5,189 | $186.74 | $968,993.86 | filing |
| 2026-02-28 | Brennan Katherine· SVP and General Counsel | Tax withholding | 3,855 | $186.74 | $719,882.70 | filing |
| 2026-02-28 | Fernandez Carmen· SVP, Chief People Officer | Tax withholding | 3,855 | $186.74 | $719,882.70 | filing |
| 2026-02-28 | Beswick Paul· SVP, Chief Information Officer | Tax withholding | 3,403 | $186.74 | $635,476.22 | filing |
| 2026-02-28 | Jones John Jude· Chief Marketing Officer | Tax withholding | 2,464 | $186.74 | $460,127.36 | filing |
| 2026-02-28 | Mills Stacy· Vice President and Controller | Tax withholding | 1,277 | $186.74 | $238,466.98 | filing |
| 2026-02-28 | Tomlinson Patrick· President and CEO, Mercer | Tax withholding | 1,139 | $186.74 | $212,696.86 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.