Key facts, as of
As of October 12, 2026, Marsh McLennan (MRSH) trades at $175.85, down 15.1% over the past year. Its 52-week range runs from $156.60 to $207.28; the price is 15.2% below that high. It is 29.1% below its all-time high of $248.00, reached in April 2025. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +200.6%, against +312.9% for the S&P 500 (SPY). It sits 0.5% below its 200-day average of $176.79, the usual sign of a long-term downtrend. Its 30-day volatility is 16.3% annualized, which we rate medium risk. It has a trailing P/E of 21.5 and a dividend yield of 2.25%.
Cite: Portfolio Terminal, "Marsh McLennan (MRSH) stock analysis", 2026-10-12. https://portfolio-terminal.com/analyse/mrsh
Where it trades today
trading 38% of the way up its 52-week range
How the price has moved
How far it is from its record
Marsh McLennan (MRSH) is 29.1% below its all-time high of $248.00, reached in April 2025. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +200.6%, against +312.9% for the S&P 500 (SPY).
What to weigh before acting
What Matters Now
- Credit quality, deposit stability, and how management navigates the rate cycle usually drive the next rerating.
- MRSH trades at 21.5x earnings, well above the financial services average of 12.5x, so the market is already pricing in above-consensus execution.
- Recent realized volatility sits near 16.3%, below the sector norm of 24.0%, which supports a steadier role inside a diversified portfolio.
- Relative performance versus JPM, BAC, WFC matters here because leadership inside financial services rarely stays static for long.
Portfolio Use Case
- MRSH is more relevant for investors who want some income support alongside price appreciation, not just pure growth exposure.
- The beta profile suggests it can fit a quality or lower-volatility sleeve more naturally than a high-octane tactical basket.
- The stock becomes more useful when paired with an explicit catalyst watchlist, because sector sentiment can shift quickly around policy, rates, or pipeline news.
What Would Change the View
- A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in MRSH.
- The view would need revisiting if peers such as JPM, BAC, WFC start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for MRSH come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Financial Services so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as JPM, BAC, WFC.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for MRSH. Last refresh: Oct 12, 2026, 2:59 PM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as JPM, BAC, WFC.
What Marsh McLennan does
Marsh & McLennan Companies, Inc., a professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people worldwide. The company operates through Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment offers risk management services, such as risk management, insurance broking, insurance program management, risk consulting, analytical modeling, and alternative risk financing services. This segment also offers insurance and reinsurance broking, strategic advisory and actuarial services, and analytics solutions. It serves businesses, public entities, insurance companies, associations,…
Employees
95,000
Industry
Insurance Brokers
Headquarters
New York, United States
What analysts expect
MRSH carries a hold consensus from 21 analysts, with an average price target of $203.90 versus $175.84 today (+16.0%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
MRSH generated $27.95B in trailing revenue (6.2% year over year), with a 14.2% net margin, and $4.79B of free cash flow, against $20.68B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $26.98B | $11.40B | $6.22B | $4.16B | $8.48 | $5.00B |
| 2024 | $24.46B | $10.46B | $5.82B | $4.06B | $8.26 | $3.99B |
| 2023 | $22.74B | $9.64B | $5.28B | $3.76B | $7.60 | $3.84B |
| 2022 | $20.72B | $8.65B | $4.28B | $3.05B | $6.11 | $3.00B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
MRSH is in 8 of the 30 ETFs we track. It weighs most in XLF: 1.05% of the fund, holding #24 of 76.
How it sits in financial services
Sector covering banks, insurance, asset management, and fintech companies.
The companies it competes with
MRSH beside the financial services names it is usually measured against.
What the chart is saying
Slipped under its 50-day average inside a longer uptrend.
weakening- Price is 3.4% below its 50-day average and 0.5% below its 200-day.
- The 50-day crossed above the 200-day on 2026-08-14 (a “golden cross”).
- RSI at 50 is neither stretched nor washed out.
- The nearest ceiling is $179.59 (+2.1%), the nearest floor $169.71 (-3.5%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is MRSH a good investment in 2026?
Marsh McLennan trades at a P/E ratio of 21.5, with medium volatility (16.3% annualized). The stock is in a consolidation phase.
What is the risk level of MRSH?
Based on 30-day volatility of 16.3%, MRSH has MEDIUM risk. Beta of 0.58 indicates lower sensitivity to market movements than average.
Does MRSH pay dividends?
Yes, Marsh McLennan has a dividend yield of 2.25%.
How far is MRSH from its all-time high?
Marsh McLennan is 29.1% below its all-time high of $248.00, reached in April 2025. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +200.6%, against +312.9% for the S&P 500 (SPY).
Which ETFs hold MRSH?
8 of the 30 popular ETFs we track hold Marsh McLennan. The largest weights: XLF (1.05%), VIG (0.39%), VYM (0.37%), VTV (0.33%) and VOO (0.14%). Measured on each issuer's full holdings file, dated August 31 to September 24, 2026.
How much of VOO is MRSH?
0.14%, as of August 31, 2026: MRSH is holding #130 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $1.38 in Marsh McLennan.
What is the analyst price target for MRSH?
The average analyst price target for Marsh McLennan (MRSH) is $203.90 based on 21 analyst estimates, about 16.0% above the current price of $175.84. The published range runs from $179.00 to $238.00.
How much revenue does MRSH generate?
Marsh McLennan reported $27.95B in trailing twelve-month revenue. Revenue growth is running at 6.2% year over year. Net margin sits at 14.2%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare MRSH with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.