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Financial Services - Insurance - Brokers - NYSE - US
$ 223.74
-2.81 %
$ 110 B
Market Cap
27.39
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MMC stock under the worst case scenario is HIDDEN Compared to the current market price of 224 USD, Marsh & McLennan Companies, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MMC stock under the base case scenario is HIDDEN Compared to the current market price of 224 USD, Marsh & McLennan Companies, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one MMC stock under the best case scenario is HIDDEN Compared to the current market price of 224 USD, Marsh & McLennan Companies, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MMC

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$245.0$245.0$240.0$240.0$235.0$235.0$230.0$230.0$225.0$225.0$220.0$220.0$215.0$215.0$210.0$210.0$205.0$205.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
24.5 B REVENUE
7.57%
5.82 B OPERATING INCOME
10.13%
4.12 B NET INCOME
8.29%
4.3 B OPERATING CASH FLOW
1.03%
-8.82 B INVESTING CASH FLOW
-522.51%
4.46 B FINANCING CASH FLOW
498.12%
6.07 B REVENUE
6.49%
1.14 B OPERATING INCOME
3.07%
801 M NET INCOME
7.23%
1.96 B OPERATING CASH FLOW
2.30%
-7.64 B INVESTING CASH FLOW
-1845.29%
6.28 B FINANCING CASH FLOW
536.98%
Balance Sheet Marsh & McLennan Companies, Inc.
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Current Assets 22.1 B
Cash & Short-Term Investments 2.4 B
Receivables 7.16 B
Other Current Assets 12.6 B
Non-Current Assets 34.4 B
Long-Term Investments 0
PP&E 2.36 B
Other Non-Current Assets 32 B
4.25 %12.67 %22.24 %4.17 %56.67 %Total Assets$56.5b
Current Liabilities 19.5 B
Accounts Payable 3.4 B
Short-Term Debt 844 M
Other Current Liabilities 15.3 B
Non-Current Liabilities 23.4 B
Long-Term Debt 21 B
Other Non-Current Liabilities 2.41 B
7.92 %35.56 %48.94 %5.61 %Total Liabilities$42.9b
EFFICIENCY
Earnings Waterfall Marsh & McLennan Companies, Inc.
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Revenue 24.5 B
Cost Of Revenue 0
Gross Profit 24.5 B
Operating Expenses 18.6 B
Operating Income 5.82 B
Other Expenses 1.7 B
Net Income 4.12 B
25b25b20b20b15b15b10b10b5b5b0024b024b(19b)6b(2b)4bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
23.78% OPERATING MARGIN
23.78%
16.60% NET MARGIN
16.60%
30.00% ROE
30.00%
7.19% ROA
7.19%
11.56% ROIC
11.56%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Marsh & McLennan Companies, Inc.
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4b4b4b4b3b3b3b3b2b2b2b2b1b1b500m500m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 4.12 B
Depreciation & Amortization 746 M
Capital Expenditures -316 M
Stock-Based Compensation 368 M
Change in Working Capital 0
Others -1.54 B
Free Cash Flow 3.99 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Marsh & McLennan Companies, Inc.
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Wall Street analysts predict an average 1-year price target for MMC of $230 , with forecasts ranging from a low of $217 to a high of $250 .
MMC Lowest Price Target Wall Street Target
217 USD -3.01%
MMC Average Price Target Wall Street Target
230 USD 2.85%
MMC Highest Price Target Wall Street Target
250 USD 11.74%
Price
Max Price Target
Min Price Target
Average Price Target
250250240240230230220220210210200200190190May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.39% DIVIDEND YIELD
0.815 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
3.5003.5003.0003.0002.5002.5002.0002.0001.5001.5001.0001.0000.5000.5000.0000.0000.280.310.340.3750.4150.4550.4650.5350.590.710.8150.280.310.340.3750.4150.4550.4650.5350.590.710.8150.310.340.3750.4150.4550.4650.5350.590.710.8150.311.180.341.300.3751.430.4151.580.4551.740.4651.840.5352.000.592.250.712.600.8153.051.632015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 6
6. Ownership
Insider Ownership Marsh & McLennan Companies, Inc.
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Sold
0-3 MONTHS
32.9 M USD 7
3-6 MONTHS
1.11 M USD 1
6-9 MONTHS
18 M USD 4
9-12 MONTHS
1.71 M USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Marsh McLennan Expands Reach With Arthur Hall Insurance Acquisition MMC's Marsh McLennan Agency acquires Arthur Hall Insurance, enhancing its expertise and growing its presence in Pennsylvania and Delaware. zacks.com - 2 weeks ago
Marsh McLennan Agency Acquires Arthur Hall Insurance 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 Arthur Hall Insurance, a West Chester, Pennsylvania-based full-service insurance agency. Terms of the acquisition were not disclosed. Founded in 1966, Arthur Hall provides commercial and personal lines expertise to. businesswire.com - 2 weeks ago
Zacks Industry Outlook Erie Indemnity, Brown and Brown, Marsh & McLennan, Arthur J. Gallagher & Co and Aon Erie Indemnity, Brown and Brown, Marsh & McLennan, Arthur J. Gallagher & Co and Aon have been highlighted in this Industry Outlook article. zacks.com - 3 weeks ago
5 Stocks to Watch From the Thriving Insurance Brokerage Industry The increased demand for insurance products, strategic acquisitions and the adoption of technology are likely to drive the performance of Zacks Insurance Brokerage industry players like ERIE, BRO, MMC, AJG and AON. zacks.com - 3 weeks ago
Marsh McLennan to Host First Quarter Earnings Investor Call on April 17 NEW YORK--(BUSINESS WIRE)--Marsh McLennan (NYSE: MMC), a global leader in risk, strategy and people, will announce first quarter financial results via news release on Thursday, April 17, 2025, before the market opens. The news release will be available on marshmclennan.com. Following the news release, President and CEO John Doyle and CFO Mark McGivney will lead a teleconference with investors at 8:30 a.m. EDT. The discussion will include a question-and-answer session. The live audio webcast wil. businesswire.com - 1 month ago
Marsh McLennan Declares Quarterly Cash Dividend NEW YORK--(BUSINESS WIRE)--The Board of Directors of Marsh McLennan (NYSE: MMC) today declared a quarterly dividend of $0.815 per share on outstanding common stock, payable on May 15, 2025 to stockholders of record on April 3, 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 90,000 col. businesswire.com - 1 month ago
The Zacks Analyst Blog Costco, AT&T, Marsh & McLennan and Air T Costco, AT&T, Marsh & McLennan and Air T are included in this Analyst Blog. zacks.com - 1 month ago
Marsh & McLennan: The Serial Acquirer Strikes Again Marsh & McLennan's roll-up strategy and focus on risk & insurance services have led to 17 years of margin expansion. The $7.75 billion McGriff acquisition, despite its high price, is expected to be accretive and enhance overall margins. Debt levels have increased to $20 billion, but strong cash flow and diversified revenue base mitigate concerns. seekingalpha.com - 2 months ago
Here's Why Marsh & McLennan (MMC) is a Strong Growth Stock Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores. zacks.com - 2 months ago
Marsh & McLennan Q4 Earnings Beat Estimates on Solid US Business MMC's fourth-quarter revenues benefit from strong performance in the Marsh unit and Consulting segment. zacks.com - 2 months ago
Marsh & McLennan Companies, Inc. (MMC) Q4 2024 Earnings Call Transcript Marsh & McLennan Companies, Inc. (NYSE:MMC ) Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants John Doyle - President and Chief Executive Officer Mark McGivney - Chief Financial Officer Martin South - President and CEO, Marsh Dean Klisura - President and CEO, Guy Carpenter Pat Tomlinson - President and CEO, Mercer Conference Call Participants Elyse Greenspan - Wells Fargo Jimmy Bhullar - JPMorgan Alex Scott - Barclays David Motemaden - Evercore ISI Greg Peters - Raymond James Michael Zaremski - BMO Capital Markets Meyer Shields - KBW Rob Cox - Goldman Sachs Operator Welcome to Marsh McLennan's Earnings Conference Call. Today's call is being recorded. seekingalpha.com - 2 months ago
Marsh & McLennan (MMC) Reports Q4 Earnings: What Key Metrics Have to Say The headline numbers for Marsh & McLennan (MMC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 2 months ago
8. Profile Summary

Marsh & McLennan Companies, Inc. MMC

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COUNTRY US
INDUSTRY Insurance - Brokers
MARKET CAP $ 110 B
Dividend Yield 0.39%
Description 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.
Contact 1166 Avenue of the Americas, New York, NY, 10036-2774 https://www.mmc.com
IPO Date Dec. 30, 1987
Employees 90000
Officers Mr. Martin C. South Vice Chair Mr. Mark Christopher McGivney Chief Financial Officer Mr. David Liston Chief Commercial Officer of US & Canada Mr. Andy Stirk Chief Growth Officer of US Ms. Toni J. Ferrier L.L.M. Chief Executive Officer & President of Marsh McLennan New Zealand Mr. Hans H. Van Heukelum Global Chief Commercial Officer Mr. David Bryant FAICD, FAIM, FFin Chief Executive Officer, Marsh McLennan Pacific Mr. Josh Roach President of Marsh Pacific Mr. John Quinlan Doyle President, Chief Executive Officer & Director Mr. Dean M. Klisura Vice Chair