← MARSH & MCLENNAN COMPANIES, INC. MRSH
Market Price
$187.63
Market Cap
$90.88B
P/E Ratio
22.26
Revenue (FY 2025)
↑10.3% YoY
$26.98B
3-Yr CAGR: 9.2%
Net Income
↑2.5% YoY
$4.16B
Net Margin: 15.4%
Free Cash Flow
↑25.5% YoY
$5.00B
FCF Yield: 5.50%
EPS (Diluted)
↑3.1% YoY
$8.43
Basic: $8.48
Return on Equity
Efficiency
7.1%
ROA: 7.1%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (MRSH)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $13,211.0M | — | $13,022.0M | $1,768.0M | — | $3.38 | — | $2,007.0M | $1,754.0M | — |
| FY 2017 | $14,024.0M | +6.2% | $13,787.0M | $1,492.0M | -15.6% | $2.87 | -15.1% | $1,893.0M | $1,591.0M | -9.3% |
| FY 2018 | $14,950.0M | +6.6% | $14,660.0M | $1,650.0M | +10.6% | $3.23 | +12.5% | $2,428.0M | $2,114.0M | +32.9% |
| FY 2019 | $16,652.0M | +11.4% | $16,128.0M | $1,742.0M | +5.6% | $3.41 | +5.6% | $2,361.0M | $1,940.0M | -8.2% |
| FY 2020 | $17,224.0M | +3.4% | $16,709.0M | $2,016.0M | +15.7% | $3.94 | +15.5% | $3,382.0M | $3,034.0M | +56.4% |
| FY 2021 | $19,820.0M | +15.1% | $19,376.0M | $3,143.0M | +55.9% | $6.13 | +55.6% | $3,516.0M | $3,110.0M | +2.5% |
| FY 2022 | $20,720.0M | +4.5% | $20,251.0M | $3,050.0M | -3.0% | $6.04 | -1.5% | $3,465.0M | $2,995.0M | -3.7% |
| FY 2023 | $22,736.0M | +9.7% | $22,158.0M | $3,756.0M | +23.1% | $7.53 | +24.7% | $4,258.0M | $3,842.0M | +28.3% |
| FY 2024 | $24,458.0M | +7.6% | $23,758.0M | $4,060.0M | +8.1% | $8.18 | +8.6% | $4,302.0M | $3,986.0M | +3.7% |
| FY 2025 | $26,981.0M | +10.3% | $26,021.0M | $4,160.0M | +2.5% | $8.43 | +3.1% | $5,292.0M | $5,001.0M | +25.5% |
Valuation
Market Price
$187.63
Market Cap
$90.88B
Enterprise Value
$107.78B
P/E Ratio
22.26
P/B Ratio
1.54
FCF Yield
5.50%
Dividend Yield
1.83%
Shares Outstanding
Profitability & Margins
Gross Margin
96.44%
Operating Margin
23.06%
Net Margin
15.42%
Return on Equity (ROE)
7.09%
Return on Assets (ROA)
7.09%
Asset Turnover
0.46x
Revenue 3-Yr CAGR
9.20%
Financial Health & Liquidity
Current Ratio
1.10
Cash Ratio
0.13
Debt / Equity
0.334
Debt / Assets
0.334
Cash & Equivalents
$2.69B
Total Debt
$19.59B
Book Value / Share
$121.86
Cash Flow Efficiency
Operating Cash Flow
$5.29B
Capital Expenditures (CapEx)
$291.00M
Free Cash Flow
$5.00B
OCF / Revenue
19.61%
FCF / Revenue
18.54%
FCF 3-Yr CAGR
18.64%
Per Share Metrics
EPS (Diluted)
$8.43
EPS (Basic)
$8.48
Dividends / Share
$3.43
Book Value / Share
$121.86
EPS YoY Growth
3.06%
Balance Sheet (FY 2025)
Total Assets
$58.71B
Total Liabilities
$58.71B
Stockholders' Equity
$58.71B
Current Assets
$23.20B
Current Liabilities
$21.06B