Marsh & McLennan demonstrates a consistent growth trajectory with 11.5% year-over-year revenue expansion as of 2025Q3, supported by a disciplined underwriting model that maintains combined ratios as low as 70.3%.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
MMC has maintained strong operational momentum, evidenced by quarterly revenue reaching $6.4 billion in 2025Q3 and a resilient combined ratio that has fluctuated between 70.3% and 81.6% over the last ten quarters.
Over the past 13 years, MMC’s revenue has grown at a 6% CAGR, with a projected 7% CAGR for the next four years. Net income has expanded at an 11% CAGR, with a 12% CAGR forecast for the coming four years. The company delivered a 75% total shareholder return over the last five years.
MMC is investing heavily in digital transformation, advanced analytics, and AI to boost operational efficiency. These initiatives are expected to enhance product and service offerings, expand margins, and drive net earnings growth through better client retention and lower costs.
The Risk and Insurance Services segment, including Marsh agency and Guy Carpenter, is experiencing strong organic growth. Expectations of continued strength are supported by emerging international markets, favorable macro conditions, and the strategic McGriff acquisition, which should boost revenue and strengthen the middle‑market position.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q1 2026Latest Jan 29, 2026 | $1.87-5.1% vs $1.97 | $6.6B+0.7% vs $6.6B |
Q4 2025 Oct 16, 2025 | $1.85+3.9% vs $1.78 | $6.4B+0.4% vs $6.3B |
Q3 2025 Jul 17, 2025 | $2.72+1.9% vs $2.67 | $7.0B+0.5% vs $6.9B |
Q2 2025 Apr 17, 2025 | $3.06+1.3% vs $3.02 | $7.1B-0.2% vs $7.1B |
Marsh launches BrightPath, a $116B retirement solution spanning six markets, aiming to boost recurring fee income and strengthen its global retirement business.
NEW YORK--(BUSINESS WIRE)--Marsh (NYSE: MRSH), a leading global professional services firm, today announced the completion of its previously announced acquisition of AltamarCAM, a specialist private markets asset manager and solutions provider. Terms of the acquisition were not disclosed. AltamarCAM is a global private markets business serving insurers, family offices, pension funds, foundations, banks and other institutional and wealth clients across Europe and Latin America. The acquisition s.
NEW YORK--(BUSINESS WIRE)--Marsh (NYSE: MRSH), a leading global professional services firm, today introduced Marsh BrightPath, its globally coordinated, defined contribution (DC) retirement solution, bringing together its retirement propositions across six markets, representing $116 billion in assets under management.1 Built on its robust delegated DC capabilities, Marsh BrightPath brings together institutional investment expertise, delegated governance, and digital plan member support into a s.
On October 27, 2026, we delve into the DCF analysis for Marsh (MRSH), a company that has shown a price performance of +3.3% over the past week and +14.5% over t
Benchmark MRSH against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Marsh & McLennan Companies, Inc. (MRSH)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $204.82 | $97.74B | 24.28 | 10.32% | 14.2% | 26.73% | 1.69% | |
| $334.81 | $71.02B | 18.14 | 9.45% | 22.24% | 39.91% | 0.87% | |
| $328.86 | $31.06B | 19.77 | -2.24% | 15.22% | 19.72% | 1.1% | |
| $281.61 | $72.35B | 42.99 | 20.66% | 10.38% | 7.16% | 0.91% | |
| $72.12 | $24.13B | 19.54 | 22.49% | 17.47% | 9.67% | 0.86% | |
| $505.67 | $87.58B | 30.40 | 9.37% | 36.16% | 82.81% | 0.77% |
Marsh & McLennan Companies, Inc. (MRSH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Marsh & McLennan Companies, Inc. (MRSH) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 27, 2026·SEC
Oct 15, 2026·SEC
Jul 21, 2026·SEC
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Marsh & McLennan Companies, Inc. (MRSH) stock FAQ — growth, dividends, profitability & financials explained
Marsh & McLennan Companies, Inc. (MRSH) reported $28.46B in revenue over the trailing twelve months. Revenue was $26.98B in fiscal year 2025. That is 513% more than the $4.40B of fiscal year 1996.
Marsh & McLennan Companies, Inc. (MRSH) grew revenue by 7.6% over the trailing twelve months, compared with the twelve months before.
Yes. Marsh & McLennan Companies, Inc. (MRSH) earned $4.04B in net income over the trailing twelve months (a 14.2% net margin).
Yes. Marsh & McLennan Companies, Inc. (MRSH) pays a dividend that yields 1.69% at the current price, a moderate yield.
Marsh & McLennan Companies, Inc. (MRSH) had a return on equity (ROE) of 26.7% over the trailing twelve months. That is well above the market's typical 10-15%.
Marsh & McLennan Companies, Inc. (MRSH) generated $4.15B in free cash flow over the trailing twelve months.
