Marsh Earnings: Growth Picks Up
In the second quarter, Marsh saw its top-line organic growth pick up a bit sequentially, due to strong performance on the consulting side of the business.
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
-
Mercer and Compa Join Forces to Bring Compensation Insights Into Everyday Workflows
-
Marsh McLennan Agency to Acquire Accel Holdings
-
Marsh McLennan Agency to Acquire Accel Holdings, Inc.
-
Marsh Scales Agentic Automation with SS&C’s WorkHQ
-
Correction to Marsh Earnings Article
-
Marsh Reports Second Quarter 2026 Results
-
Marsh Survey Reveals That Insurers’ Private Credit Appetite Continues to Grow, but Discipline Remains Paramount
-
American Beacon and Mercer Launch Innovative Model Portfolio Solutions for Financial Intermediaries
Articles & Videos
Trading Information
- Previous Close Price
- $187.82
- Day Range
- $184.86–189.49
- 52-Week Range
- $156.61–213.76
- Bid/Ask
- $184.77 / $184.90
- Shares Outstanding
- 477.21M
- Market Cap
- $88.33B
- Volume/Avg
- 464,348 / 3M
Key Statistics
- Price/Earnings (Normalized)
- 18.38
- Price/Sales
- 3.28
- Dividend Yield (Trailing)
- 1.96%
- Dividend Yield (Forward)
- 2.11%
- Total Yield
- 5.02%
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
- Website
- https://www.corporate.marsh.com
Competitors
Valuation
|
Metric
|
MRSH
|
TRV
|
AON
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.38 | 10.00 | 19.56 |
Price/Book Value | 5.91 | 2.33 | 7.86 |
Price/Sales | 3.28 | 1.67 | 4.36 |
Price/Cash Flow | 16.21 | 4.98 | 19.13 |
Price/Earnings
MRSH
TRV
AON
Financial Strength
|
Metric
|
MRSH
|
TRV
|
AON
|
|---|---|---|---|
Quick Ratio | 0.50 | — | 0.71 |
Current Ratio | 1.14 | — | 1.03 |
Interest Coverage | 6.52 | 23.66 | 7.69 |
Quick Ratio
MRSH
TRV
AON
Profitability
|
Metric
|
MRSH
|
TRV
|
AON
|
|---|---|---|---|
Return on Assets (Normalized) | 7.48% | 5.83% | 7.50% |
Return on Equity (Normalized) | 29.04% | 26.09% | 43.98% |
Return on Invested Capital (Normalized) | 13.69% | 21.25% | 17.42% |
Return on Assets
MRSH
TRV
AON
Insurance Brokers Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Aon PLC Class A
AON
| LOCK|Qcb??!L | LOCK|fP@?& | $75B | |||
| Arthur J. Gallagher & Co
AJG
| LOCK|@ndN$% | LOCK|j^P# | $64B | |||
| Willis Towers Watson PLC
WTW
| LOCK|rd%S#vd | LOCK|yp$z? | $31B | |||
| Brown & Brown Inc
BRO
| — | LOCK|^g&> | $24B | |||
| Erie Indemnity Co Class A
ERIE
| — | LOCK|mP$v | $13B | |||
| The Baldwin Insurance Group Inc Class A
BWIN
| — | LOCK|qv | $4B | |||
| Neptune Insurance Holdings Inc Ordinary Shares- Class A
NP
| — | LOCK|dL&Y | $4B | |||
| Accelerant Holdings Ordinary Shares - Class A
ARX
| — | LOCK|&! | $4B | |||
| Steadfast Group Ltd
SFGLF
| — | LOCK|r#K^ | $4B |
United States