Marsh Earnings: Recent Trends Hold Steady
Marsh's third-quarter results were solid, in our view, and largely showed a continuation of recent trends.
Marsh's third-quarter results were solid, in our view, and largely showed a continuation of recent trends.
Relatively steady revenue and a flexible cost structure, combined with limited capital requirements, make Marsh a reliable producer of strong free cash flow.
Marsh is exposed to the insurance pricing cycle.
|
Metric
|
MRSH
|
AON
|
TRV
|
|---|---|---|---|
Price/Earnings (Normalized) | 20.33 | 16.18 | 10.40 |
Price/Book Value | 6.20 | 6.50 | 2.87 |
Price/Sales | 3.24 | 3.61 | 1.77 |
Price/Cash Flow | 16.50 | 15.82 | 5.35 |
|
Metric
|
MRSH
|
AON
|
TRV
|
|---|---|---|---|
Quick Ratio | 0.47 | 0.71 | — |
Current Ratio | 1.09 | 1.03 | — |
Interest Coverage | 6.48 | 7.69 | 23.37 |
|
Metric
|
MRSH
|
AON
|
TRV
|
|---|---|---|---|
Return on Assets (Normalized) | 7.56% | 7.50% | 5.82% |
Return on Equity (Normalized) | 29.92% | 43.98% | 26.27% |
Return on Invested Capital (Normalized) | 13.94% | 17.42% | 21.20% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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