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
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Marsh Announces Pricing of €1.2 Billion Senior Notes Offering
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Aging Populations Are Straining Retirement Systems Worldwide, According to the 2026 Marsh CFA Institute Global Pension Index
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Rapid AI Capability Development Is Creating Opportunities for Those Companies With Leadership That Translate Productivity Gains Into Business Value
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Marsh Reports Third Quarter 2026 Results
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Marsh and Bloomberg New Economy Launch Coalition to Strengthen Resilience and Drive Growth in a Turbulent World
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Marsh Appoints Nicole Delimitros President, National Employee Health and Benefits, Marsh Agency
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Marsh Completes Acquisition of Accel Holdings
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Archer by Marsh Launches to Help Life and Annuity Insurers and Asset Managers Build and Operate Reinsurance Businesses
Articles & Videos
Trading Information
- Previous Close Price
- $197.03
- Day Range
- $199.22–202.70
- 52-Week Range
- $156.60–202.70
- Bid/Ask
- $157.11 / $203.00
- Shares Outstanding
- 475.51M
- Market Cap
- $95.40B
- Volume/Avg
- 3M / 2M
Key Statistics
- Price/Earnings (Normalized)
- 21.40
- Price/Sales
- 3.41
- Dividend Yield (Trailing)
- 1.88%
- Dividend Yield (Forward)
- 1.97%
- Dividend Payment Schedule
- Feb, May, Aug, Nov
- Total Yield
- 4.87%
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
- Mid Core
- Total Number of Employees
- 55,700
- Website
- https://www.corporate.marsh.com
Competitors
Valuation
|
Metric
|
MRSH
|
AON
|
TRV
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.40 | 20.89 | 10.33 |
Price/Book Value | 6.50 | 6.76 | 2.80 |
Price/Sales | 3.41 | 3.91 | 1.75 |
Price/Cash Flow | 17.38 | 17.81 | 5.31 |
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