US · USD

MRSH

Marsh & McLennan Companies, Inc.

$171.85+0.66% ($1.12)
Day's range
$169.97 – $172.27
Day's volume
$384.7M
52-week range
$155.53 – $202.59

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MRSH in numbers

Market cap
$82B
P/E
20.61
Dividend yield (12m)
2.72%
Net debt/EBITDA
3.10

The 12-month dividend yield of MRSH is 2.72%, above its 5-year average of 1.43%.

MRSH price history

10/02/202510/01/2026
Compare with

MRSH risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-2.00%-5.10%+11.00%
Volatility (annualized)21.46%19.70%19.86%
Largest drawdown-14.56%-32.97%-32.97%
Positive months7/1221/3634/60

How much did investing in MRSH return?

$1,000.00 invested on 09/01/2021 would be worth $1,218.94 today.

Value today in MRSH
$1,218.94
Return over the period
+21.89%
Return per year
+4.04%
In the S&P 500
$1,776.31

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

MRSH fundamentals

Valuation

  • P/E
    20.61
  • P/B
    —
  • EV/EBITDA
    15.91
  • EV/EBIT
    16.86
  • EV/Revenue
    3.65
  • P/EBIT
    13.57
  • P/S
    2.93
  • P/OCF
    16.15
  • P/FCF
    17.20
  • Earnings yield
    5.93%
  • PEG ratio
    —
  • Earnings per share
    $8.34
  • Book value per share
    —

Debt

  • Net debt
    $19.9B
  • Net debt/EBITDA
    3.10
  • Net debt/Equity
    —
  • Debt/Equity
    —
  • Current ratio
    1.14
  • Quick ratio
    —
  • Cash ratio
    0.08

Efficiency

  • Gross margin
    —
  • EBITDA margin
    22.91%
  • Operating margin
    21.62%
  • Net margin
    14.24%
  • Asset turnover
    0.47

Profitability

  • ROE
    —
  • ROA
    6.67%
  • ROIC
    —
  • Payout
    56.11%

Growth

  • Revenue CAGR (5 years)
    8.62%
  • Earnings CAGR (5 years)
    9.81%
  • Revenue growth (year)
    —
  • Earnings growth (year)
    —
  • Revenue growth (quarter)
    —
  • Earnings growth (quarter)
    —

What is MRSH's fair price?

Two classic value formulas, with today's numbers. The current price is $171.85.

Graham's fair price
—
MRSH's earnings per share and book value per share are not available, so the formula cannot be computed.

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
$44.43
74.14% below the price

$2.67 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

MRSH's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator20252024202320222021202020192018
P/E21.5925.6924.8026.8327.8029.4932.2324.41
EV/EBITDA16.2119.7018.2719.7719.1018.1820.5013.93
Dividend yield1.85%1.44%1.37%1.36%1.15%1.57%1.56%1.98%
Earnings per share$8.59$8.27$7.64$6.17$6.25$3.97$3.46$3.27
EBITDA margin24.40%25.29%24.86%22.50%25.52%22.10%19.96%21.77%
Net margin15.42%16.60%16.52%14.72%15.86%11.70%10.46%11.04%
Net debt/EBITDA2.572.841.792.211.822.563.611.56

MRSH's financial statements

Line202520242023202220212020
Net revenue$27B$24.5B$22.7B$20.7B$19.8B$17.2B
Cost of revenue——————
Gross profit——————
EBITDA$6.6B$6.2B$5.7B$4.7B$5.1B$3.8B
EBIT$6.2B$5.8B$5.3B$4.3B$4.3B$3.1B
Financial result——————
Income before tax$5.5B$5.5B$5B$4.1B$4.2B$2.8B
Income tax-$1.3B-$1.4B-$1.2B-$995M-$1B-$747M
Net income$4.2B$4.1B$3.8B$3.1B$3.1B$2B

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does MRSH pay dividends?

Announced payments
TypeLast day to ownPaymentPer share
Dividend09/30/202611/13/2026$0.99

Dividend yield per year

  • 1.76%2017
  • 1.98%2018
  • 1.56%2019
  • 1.57%2020
  • 1.15%2021
  • 1.36%2022
  • 1.37%2023
  • 1.44%2024
  • 1.85%2025
  • 1.62%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend07/22/202608/14/2026$0.99
Dividend04/08/202605/15/2026$0.90
Dividend01/28/202602/13/2026$0.90
Dividend10/01/202511/14/2025$0.90
Dividend07/23/202508/15/2025$0.90
Dividend04/02/202505/15/2025$0.82
Dividend01/29/202502/14/2025$0.82
Dividend10/03/202411/15/2024$0.82
Dividend07/24/202408/15/2024$0.82
Dividend04/02/202405/15/2024$0.71
Dividend01/23/202402/15/2024$0.71
Dividend10/04/202311/15/2023$0.71
See all 40 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend07/25/202308/15/2023$0.71
Dividend04/03/202305/15/2023$0.59
Dividend01/24/202302/15/2023$0.59
Dividend10/05/202211/15/2022$0.59
Dividend07/26/202208/15/2022$0.59
Dividend04/04/202205/13/2022$0.54
Dividend01/25/202202/15/2022$0.54
Dividend10/06/202111/15/2021$0.54
Dividend07/27/202108/13/2021$0.54
Dividend04/05/202105/14/2021$0.47
Dividend01/28/202102/12/2021$0.47
Dividend10/07/202011/13/2020$0.47
Dividend07/23/202008/14/2020$0.47
Dividend04/06/202005/15/2020$0.46
Dividend01/27/202002/14/2020$0.46
Dividend10/09/201911/15/2019$0.46
Dividend07/09/201908/15/2019$0.46
Dividend04/08/201905/15/2019$0.42
Dividend01/28/201902/15/2019$0.42
Dividend10/09/201811/15/2018$0.42
Dividend07/09/201808/15/2018$0.42
Dividend04/06/201805/15/2018$0.38
Dividend01/29/201802/15/2018$0.38
Dividend10/05/201711/15/2017$0.38
Dividend07/06/201708/15/2017$0.38
Dividend04/04/201705/15/2017$0.34
Dividend01/20/201702/15/2017$0.34
Dividend10/05/201611/15/2016$0.34

About Marsh & Mclennan Companies

Sector
Finance, insurance and real estate

Questions about MRSH

How much is MRSH today?

MRSH is at $171.85 (0.66% on the day), last traded on 10/01/2026.

How much did MRSH pay in dividends in 2025?

MRSH paid $3.43 per share in 2025, a dividend yield of 1.85%.

When is the next MRSH dividend?

The next announced payment is $0.99 per share on 11/13/2026.

How much did MRSH return in 12 months?

MRSH returned -2.00% in 12 months, with annualized volatility of 21.46% and a largest drawdown of -14.56%.