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 MRSH
Bulls Say, Bears Say
Bulls
Relatively steady revenue and a flexible cost structure, combined with limited capital requirements, make Marsh a reliable producer of strong free cash flow.
Bears
Marsh is exposed to the insurance pricing cycle.
News
CC Capital and Motive Partners Reach Agreement to Sell Wilshire to Marsh
Marsh to Acquire Wilshire
Marsh Completes Acquisition of AltamarCAM
Introducing Marsh BrightPath, a New Approach to Global Retirement Management
Marsh Acquires Triton Insurance Agency
Marsh Announces Pricing of €1.2 Billion Senior Notes Offering
Aging Populations Are Straining Retirement Systems Worldwide, According to the 2026 Marsh CFA Institute Global Pension Index
Rapid AI Capability Development Is Creating Opportunities for Those Companies With Leadership That Translate Productivity Gains Into Business Value
Articles & Videos
Trading Information
- Previous Close Price
- $204.37
- Day Range
- $202.73–207.93
- 52-Week Range
- $156.60–214.00
- Bid/Ask
- $204.29 / $215.00
- Shares Outstanding
- 475.51M
- Market Cap
- $98.40B
- Volume/Avg
- 8,028 / 2M
Key Statistics
- Price/Earnings (Normalized)
- 22.81
- Price/Sales
- 3.52
- Dividend Yield (Trailing)
- 1.83%
- Dividend Yield (Forward)
- 1.91%
- Dividend Payment Schedule
- Feb, May, Aug, Nov
- Total Yield
- 4.72%
Company Profile
Marsh is a professional services firm that provides advice and solutions in the areas of risk, strategy, and human capital. The company operates through two main segments: risk and insurance services and consulting. In risk and insurance services, the firm offers services via Marsh (an insurance broker) and Guy Carpenter (a risk and reinsurance specialist). The consulting division comprises Mercer (a provider of human resource services) and Oliver Wyman (a management and economic consultancy). About half of its revenue is generated outside the US.
- Sector
- Financial Services
- Industry
- Insurance Brokers
- Stock Style Box
- Large Value
- Total Number of Employees
- 55,700
Competitors
Valuation
Metric | MRSH | AON | TRV |
|---|---|---|---|
Price/Earnings (Normalized) | 22.81 | 18.17 | 10.54 |
Price/Book Value | 6.70 | 7.07 | 2.83 |
Price/Sales | 3.52 | 4.08 | 1.77 |
Price/Cash Flow | 17.92 | 18.62 | 5.37 |
Price/Earnings
MRSH
AON
TRV
Financial Strength
Metric | MRSH | AON | TRV |
|---|---|---|---|
Quick Ratio | 0.47 | 1.22 | — |
Current Ratio | 1.09 | 1.58 | — |
Interest Coverage | 6.48 | 7.68 | 23.37 |
Quick Ratio
MRSH
AON
TRV
Profitability
Metric | MRSH | AON | TRV |
|---|---|---|---|
Return on Assets (Normalized) | 7.56% | 7.30% | 5.82% |
Return on Equity (Normalized) | 29.92% | 42.45% | 26.27% |
Return on Invested Capital (Normalized) | 13.94% | 15.97% | 21.20% |
Return on Assets
MRSH
AON
TRV
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United States