Marsh & McLennan Companies, Inc. (MMC)

US — Financial Services Sector
Peers: AON  CME  AJG  BMO  CB  IBN  ICE  BAM  BBVA  COIN 

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Key Metrics & Ratings

  • symbol MMC
  • Rev/Share 53.8758
  • Book/Share 36.3625
  • PB 5.9979
  • Debt/Equity 1.395
  • CurrentRatio 0.0
  • ROIC -0.2411

 

  • MktCap 92309487286.0
  • FreeCF/Share 5.6741
  • PFCF 33.1333
  • PE 22.3216
  • Debt/Assets 0.3645
  • DivYield 0.0183
  • ROE 0.282

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 2
  • DCF Score 4
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade MMC Goldman Sell Neutral -- $195 Oct. 20, 2025
Upgrade MMC Keefe Bruyette Underperform Market Perform -- $191 Oct. 17, 2025
Upgrade MMC JP Morgan Neutral Overweight -- $242 Oct. 9, 2025
Initiation MMC Wolfe Research -- Peer Perform -- -- Sept. 16, 2025
Initiation MMC Citigroup -- Neutral -- $226 Aug. 13, 2025
Initiation MMC Cantor Fitzgerald -- Overweight -- $256 Aug. 13, 2025
Initiation MMC Redburn Atlantic -- Buy -- $281 March 25, 2025
Upgrade MMC RBC Capital Mkts Sector Perform Outperform -- $250 Dec. 12, 2024
Initiation MMC Barclays -- Equal Weight -- $236 Sept. 5, 2024

News

Marsh & McLennan: 3Q25 Shows I Was Right In Being Cautious
MMC
Published: October 21, 2025 by: Seeking Alpha
Sentiment: Neutral

Marsh & McLennan (MMC) remains a high-quality, fundamentally strong company with industry-leading positions in risk, strategy, and consulting services. Despite stellar operations, MMC's valuation has consistently been too high to justify investment, a stance validated by recent market performance. Current ratings from Quant and Wall Street are at 'HOLD', reflecting caution amid macroeconomic conditions and revised earnings forecasts.

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image for news Marsh & McLennan: 3Q25 Shows I Was Right In Being Cautious
Marsh & McLennan: Should You Buy The Dip Following Q3 2025 Earnings?
MMC
Published: October 20, 2025 by: Seeking Alpha
Sentiment: Positive

Marsh & McLennan Companies, Inc. offers a compelling long-term growth story in insurance brokerage, with a capital-light, recurring revenue business model. MMC's recent McGriff acquisition and unified branding strategy are expected to drive operational efficiencies, technology adoption, and expansion into growth areas like cybersecurity and ESG. Despite recent margin pressures and a negative market reaction to Q3 earnings, MMC maintains strong free cash flow and manageable leverage, supporting ongoing capital returns.

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image for news Marsh & McLennan: Should You Buy The Dip Following Q3 2025 Earnings?
Marsh & McLennan Q3 Earnings Beat on Consulting Unit Strength
MMC
Published: October 16, 2025 by: Zacks Investment Research
Sentiment: Positive

MMC's third-quarter earnings and revenues topped estimates, powered by strong Consulting gains from Mercer and Oliver Wyman.

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image for news Marsh & McLennan Q3 Earnings Beat on Consulting Unit Strength
Marsh & McLennan Companies, Inc. (MMC) Q3 2025 Earnings Call Transcript
MMC
Published: October 16, 2025 by: Seeking Alpha
Sentiment: Neutral

Marsh & McLennan Companies, Inc. (NYSE:MMC ) Q3 2025 Earnings Call October 16, 2025 8:00 AM EDT Company Participants John Doyle - President, CEO & Director Mark McGivney - Senior VP & CFO Nicholas Studer - Vice Chair Martin South - Vice Chair Conference Call Participants Charles Peters - Raymond James & Associates, Inc., Research Division Michael Zaremski - BMO Capital Markets Equity Research Jamminder Bhullar - JPMorgan Chase & Co, Research Division David Motemaden - Evercore ISI Institutional Equities, Research Division Robert Cox - Goldman Sachs Group, Inc., Research Division Brian Meredith - UBS Investment Bank, Research Division Elyse …

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image for news Marsh & McLennan Companies, Inc. (MMC) Q3 2025 Earnings Call Transcript
Marsh & McLennan (MMC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
MMC
Published: October 16, 2025 by: Zacks Investment Research
Sentiment: Positive

The headline numbers for Marsh & McLennan (MMC) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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image for news Marsh & McLennan (MMC) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Marsh & McLennan Gears Up to Report Q3 Earnings: Key Estimates to Note
MMC
Published: October 13, 2025 by: Zacks Investment Research
Sentiment: Positive

MMC's Q3 results are likely to reflect solid growth across segments, though higher expenses may weigh on its earnings momentum.

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image for news Marsh & McLennan Gears Up to Report Q3 Earnings: Key Estimates to Note
Is the Options Market Predicting a Spike in Marsh & McLennan Stock?
MMC
Published: October 13, 2025 by: Zacks Investment Research
Sentiment: Neutral

Investors need to pay close attention to MMC stock based on the movements in the options market lately.

Read More
image for news Is the Options Market Predicting a Spike in Marsh & McLennan Stock?
Stay Ahead of the Game With Marsh & McLennan (MMC) Q3 Earnings: Wall Street's Insights on Key Metrics
MMC
Published: October 13, 2025 by: Zacks Investment Research
Sentiment: Positive

Beyond analysts' top-and-bottom-line estimates for Marsh & McLennan (MMC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2025.

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image for news Stay Ahead of the Game With Marsh & McLennan (MMC) Q3 Earnings: Wall Street's Insights on Key Metrics
The Best Blue Chip Stocks to Buy With $2,000 Right Now
AXP, MCO, MMC, MS, PGR
Published: October 13, 2025 by: The Motley Fool
Sentiment: Positive

Investing in the stock market is an excellent way to start building life-changing wealth. The path requires patience, discipline, and a long-term outlook.

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image for news The Best Blue Chip Stocks to Buy With $2,000 Right Now
Fintechs Go Bank Deep: Marsh & McLennan Maps the New Banking Frontier
MMC
Published: October 10, 2025 by: Zacks Investment Research
Sentiment: Positive

MMC's Oliver Wyman and QED Investors reveal how fintechs gaining bank charters could redefine competition and reshape financial industry dynamics.

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image for news Fintechs Go Bank Deep: Marsh & McLennan Maps the New Banking Frontier
Marsh & McLennan (MMC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
MMC
Published: October 09, 2025 by: Zacks Investment Research
Sentiment: Neutral

Marsh & McLennan (MMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Read More
image for news Marsh & McLennan (MMC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Are We on the Verge of a New Normal as Fintechs Pursue Bank Charters?
MMC
Published: October 08, 2025 by: Business Wire
Sentiment: Neutral

ALEXANDRIA, Va.--(BUSINESS WIRE)--QED Investors, a leading global fintech venture capital firm, and Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC), today announced a new report titled, Seizing the bank charter moment: Implications for fintechs and banks. Informed by expert insight, secondary research, proprietary analysis and conversations with over a dozen C-suite executives at leading fintechs, QED Investors and Oliver Wyman examine key cons.

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image for news Are We on the Verge of a New Normal as Fintechs Pursue Bank Charters?
MMC Sub-Unit Mercer Launches AI Platforms to Aid HR Teams
MMC
Published: October 03, 2025 by: Zacks Investment Research
Sentiment: Neutral

Marsh & McLennan sub-unit Mercer launches AI-driven Workforce Insights and Aida to empower HR teams with data-backed decisions and global workforce intelligence.

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image for news MMC Sub-Unit Mercer Launches AI Platforms to Aid HR Teams
Marsh & McLennan is Trading at a Discount: Should You Buy Now or Wait?
MMC
Published: September 26, 2025 by: Zacks Investment Research
Sentiment: Positive

MMC's global scale, steady renewals, and acquisitions fuel growth, but rising costs and debt strain margins.

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image for news Marsh & McLennan is Trading at a Discount: Should You Buy Now or Wait?
Marsh McLennan Declares Quarterly Cash Dividend
MMC
Published: September 17, 2025 by: Business Wire
Sentiment: Neutral

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Marsh McLennan (NYSE: MMC) today declared a quarterly dividend of $0.900 per share on outstanding common stock, payable on November 14, 2025, to stockholders of record on October 2, 2025. About Marsh McLennan Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of over $24 billion and more than 90.

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image for news Marsh McLennan Declares Quarterly Cash Dividend
4 Insurance Brokerage Stocks to Watch Amid Increased Digitalization
AJG, BRO, MMC, WTW
Published: September 09, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks Insurance Brokerage players like BRO, MMC, AJG and WTW are likely to benefit from increased demand for insurance products, strategic acquisitions and the adoption of technology.

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image for news 4 Insurance Brokerage Stocks to Watch Amid Increased Digitalization
Marsh & McLennan Broadens Footprint in Nashville With Robins Deal
MMC
Published: September 03, 2025 by: Zacks Investment Research
Sentiment: Positive

MMC expands in Nashville with the Robins Insurance deal, boosting local reach and leveraging MMA's broader resources.

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image for news Marsh & McLennan Broadens Footprint in Nashville With Robins Deal
Marsh & McLennan: An Undervalued Stock With Double-Digit Dividend Growth
MMC
Published: August 04, 2025 by: Seeking Alpha
Sentiment: Positive

Marsh & McLennan has increased its dividend for 16 consecutive years. Its 10-year dividend growth rate is an impressive 11.1%. Marsh & McLennan has a good financial position. The long-term debt/equity ratio is 1.4, while the interest coverage ratio is almost 9. It is a high-quality firm, deftly balancing a terrific insurance brokerage business with a high-margin consultancy business.

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image for news Marsh & McLennan: An Undervalued Stock With Double-Digit Dividend Growth
Marsh McLennan Agency Acquires Olympic Insurance Agency
MMC
Published: August 01, 2025 by: Business Wire
Sentiment: Neutral

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of Olympic Insurance Agency, a Simi Valley, California-based independent insurance agency. Terms of the acquisition were not disclosed. Founded in 1947, Olympic primarily provides business insurance, employee benefits.

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image for news Marsh McLennan Agency Acquires Olympic Insurance Agency
Is the Options Market Predicting a Spike in Marsh & McLennan Companies Stock?
MMC
Published: August 01, 2025 by: Zacks Investment Research
Sentiment: Neutral

Investors need to pay close attention to Marsh & McLennan Companies stock based on the movements in the options market lately.

Read More
image for news Is the Options Market Predicting a Spike in Marsh & McLennan Companies Stock?
Marsh & McLennan: Getting More Attractive By The Day
MMC
Published: July 17, 2025 by: Seeking Alpha
Sentiment: Positive

Marsh & McLennan Companies, Inc. boasts the strongest moat in insurance brokerage, driven by global reach, reputation, and industry-leading returns on capital. Despite softening insurance rates and higher debt from the McGriff acquisition, MMC's earnings and integration progress remain robust. Valuation is attractive with a lower P/E, while cash flow and margins support manageable debt levels and continued resilience.

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image for news Marsh & McLennan: Getting More Attractive By The Day
Marsh & McLennan Q2 Earnings Beat on Risk and Insurance Strength
MMC
Published: July 17, 2025 by: Zacks Investment Research
Sentiment: Positive

MMC posts strong Q2 with EPS up 11% and revenues up 12%, fueled by robust growth in Risk and Insurance Services.

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image for news Marsh & McLennan Q2 Earnings Beat on Risk and Insurance Strength
Marsh & McLennan Companies, Inc. (MMC) Q2 2025 Earnings Call Transcript
MMC
Published: July 17, 2025 by: Seeking Alpha
Sentiment: Neutral

Marsh & McLennan Companies, Inc. (NYSE:MMC ) Q2 2025 Earnings Conference Call July 17, 2025 8:30 AM ET Company Participants Dean M. Klisura - Corporate Participant Vice Chair - Corporate Participant John Quinlan Doyle - President, CEO & Director Mark Christopher McGivney - Senior VP & CFO Martin C.

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image for news Marsh & McLennan Companies, Inc. (MMC) Q2 2025 Earnings Call Transcript
Marsh McLennan Reports Second Quarter 2025 Results
MMC
Published: July 17, 2025 by: Business Wire
Sentiment: Neutral

NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the second quarter ended June 30, 2025. John Doyle, President and CEO, said: "We had another solid quarter with 12% revenue growth reflecting continued momentum across our business and the contribution from acquisitions. We generated 4% underlying revenue growth, 14% growth in adjusted operating income, and 11% grow.

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image for news Marsh McLennan Reports Second Quarter 2025 Results
Marsh & McLennan Q2 Preview: Will Cost Pressures Weigh on Results?
MMC
Published: July 15, 2025 by: Zacks Investment Research
Sentiment: Negative

MMC's Q2 results are likely to reflect growth in Risk and Insurance Services and Consulting, but rising costs could weigh on margins.

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image for news Marsh & McLennan Q2 Preview: Will Cost Pressures Weigh on Results?
Marsh & McLennan Boosts Dividend by 10% to 90 Cents Per Share
MMC
Published: July 10, 2025 by: Zacks Investment Research
Sentiment: Positive

MMC hikes its quarterly dividend by 10% to 90 cents per share, marking its 16th straight year of increases and sustaining its active record of returning capital to shareholders.

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image for news Marsh & McLennan Boosts Dividend by 10% to 90 Cents Per Share
Marsh & McLennan (MMC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
MMC
Published: July 10, 2025 by: Zacks Investment Research
Sentiment: Neutral

Marsh & McLennan (MMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Read More
image for news Marsh & McLennan (MMC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Marsh McLennan Appoints Bruce Broussard to its Board of Directors
MMC
Published: July 09, 2025 by: Business Wire
Sentiment: Neutral

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Marsh McLennan (NYSE: MMC), a global leader in risk, strategy and people, today appointed Bruce Broussard as a director, effective immediately. The Company's Board now consists of 12 directors. Commenting on Mr. Broussard's appointment, H. Edward Hanway, Chair of the Company's Board of Directors, said, “We are delighted to welcome Bruce to the Board. His appointment underscores our commitment to enriching our Board with broad industry experti.

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image for news Marsh McLennan Appoints Bruce Broussard to its Board of Directors
Marsh McLennan Increases Quarterly Cash Dividend
MMC
Published: July 09, 2025 by: Business Wire
Sentiment: Neutral

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Marsh McLennan (NYSE: MMC) today declared a 10% increase in the quarterly dividend from $0.815 to $0.900 per share on outstanding common stock, payable on August 15, 2025, to stockholders of record on July 24, 2025. About Marsh McLennan Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of over.

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image for news Marsh McLennan Increases Quarterly Cash Dividend
Marsh & McLennan Expands in Florida With Excel Insurance Acquisition
MMC
Published: July 03, 2025 by: Zacks Investment Research
Sentiment: Positive

MMC expands in South Florida with MMA's acquisition of Excel Insurance, boosting auto and marine coverage capabilities.

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image for news Marsh & McLennan Expands in Florida With Excel Insurance Acquisition

About Marsh & McLennan Companies, Inc. (MMC)

  • IPO Date 1987-12-30
  • Website https://www.mmc.com
  • Industry Insurance - Brokers
  • CEO John Quinlan Doyle
  • Employees 90000

Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, catastrophe and financial modeling, and related advisory services; and insurance program management services. This segment serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, wealth, and career consulting services and products; and specialized management, as well as economic and brand consulting services. Marsh & McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York.