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Marsh & Mclennan Companies, Inc.. (MRSH) Stock Fundamental Analysis & AI Rating 2026

MRSH NYSE Insurance Agents, Brokers & Service DE CIK: 0000062709
Updated This Month • Analysis: Apr 2, 2026 • SEC Data: 2025-12-31
📅 Next earnings: Apr 16, 2026 (today) • Pre-market ET • EPS est. $3.21 (vs $3.06 prior year) • All earnings →
Combined AI Rating
BUY
82% Confidence
STRONG AGREEMENT
BUY
82% Conf
BUY
82% Conf

📊 MRSH Key Takeaways

Revenue: $27.0B
Net Margin: 15.4%
Free Cash Flow: $5.0B
Current Ratio: 1.10x
Debt/Equity: 1.28x
EPS: $8.43
AI Rating: BUY with 82% confidence
Marsh & Mclennan Companies, Inc.. (MRSH) receives a BUY rating with 82% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $27.0B, net profit margin of 15.4%, and return on equity (ROE) of 27.2%, Marsh & Mclennan Companies, Inc.. demonstrates strong fundamentals in the Finance sector. Below is our complete MRSH stock analysis for 2026.

Is Marsh & Mclennan Companies, Inc.. (MRSH) a Good Investment?

Claude

Marsh & McLennan demonstrates strong fundamental business quality with robust profitability margins (23.1% operating, 15.4% net) and exceptional returns on equity (27.2%), supported by solid revenue growth of 10.3% YoY. The company generates substantial free cash flow of $5.0B annually with an 18.5% FCF margin, providing financial flexibility despite elevated leverage, while strong interest coverage of 39.1x indicates manageable debt servicing.

ChatGPT

Strong top-line growth, high operating margins, and excellent free cash flow conversion indicate a durable, asset-light model with disciplined capital needs. While net income dipped slightly YoY, EPS still grew and interest coverage is very strong, suggesting manageable leverage and resilient profitability.

Why Buy Marsh & Mclennan Companies, Inc.. Stock? MRSH Key Strengths

Claude
  • + Exceptional profitability with 15.4% net margin and 27.2% ROE, demonstrating efficient capital deployment
  • + Strong cash generation with $5.0B free cash flow (18.5% FCF margin) providing financial flexibility
  • + Solid revenue growth of 10.3% YoY combined with stable operating leverage at 23.1% operating margin
  • + Fortress balance sheet quality evidenced by 39.1x interest coverage ratio despite 1.28x debt-to-equity
ChatGPT
  • + 23% operating margin with double-digit revenue growth
  • + Robust FCF ($5.0B) and 18.5% FCF margin with low capex
  • + High ROE (27.2%) and strong interest coverage (39.1x)

MRSH Stock Risks: Marsh & Mclennan Companies, Inc.. Investment Risks

Claude
  • ! Elevated financial leverage at 1.28x debt-to-equity with $19.6B long-term debt requiring management focus on deleveraging
  • ! Tight liquidity position with current ratio of 1.10x leaves limited margin for operational disruptions
  • ! Net income declined 1.7% YoY despite 10.3% revenue growth, suggesting margin compression or operational challenges that warrant investigation
ChatGPT
  • ! Margin pressure evidenced by slight YoY net income decline
  • ! Moderate leverage (1.28x D/E) could bite if rates or M&A rise
  • ! Exposure to macro/insurance pricing cycles impacting client spend

Key Metrics to Watch

Claude
  • * Operating margin trend and sustainability given net income compression despite revenue growth
  • * Debt-to-equity ratio trajectory and cash flow allocation toward deleveraging versus capital returns
  • * Free cash flow conversion and capital expenditure intensity as percentage of revenue
ChatGPT
  • * Operating margin trend
  • * Organic revenue growth

Marsh & Mclennan Companies, Inc.. (MRSH) Financial Metrics & Key Ratios

Revenue
$27.0B
Net Income
$4.2B
EPS (Diluted)
$8.43
Free Cash Flow
$5.0B
Total Assets
$58.7B
Cash Position
$2.7B

💡 AI Analyst Insight

Marsh & Mclennan Companies, Inc.. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

MRSH Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 23.1%
Net Margin 15.4%
ROE 27.2%
ROA 7.1%
FCF Margin 18.5%

MRSH vs Finance Sector: How Marsh & Mclennan Companies, Inc.. Compares

How Marsh & Mclennan Companies, Inc.. compares to Finance sector averages

Net Margin
MRSH 15.4%
vs
Sector Avg 25.0%
MRSH Sector
ROE
MRSH 27.2%
vs
Sector Avg 12.0%
MRSH Sector
Current Ratio
MRSH 1.1x
vs
Sector Avg 1.2x
MRSH Sector
Debt/Equity
MRSH 1.3x
vs
Sector Avg 2.0x
MRSH Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Marsh & Mclennan Companies, Inc.. Stock Overvalued? MRSH Valuation Analysis 2026

Based on fundamental analysis, Marsh & Mclennan Companies, Inc.. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
27.2%
Sector avg: 12%
Net Profit Margin
15.4%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.28x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Marsh & Mclennan Companies, Inc.. Balance Sheet: MRSH Debt, Cash & Liquidity

Current Ratio
1.10x
Quick Ratio
1.10x
Debt/Equity
1.28x
Debt/Assets
0.0%
Interest Coverage
39.14x
Long-term Debt
$19.6B

MRSH Revenue & Earnings Growth: 5-Year Financial Trend

MRSH 5-year financial data: Year 2024: Revenue $24.5B, Net Income $3.1B, EPS $6.04. Year 2025: Revenue $27.0B, Net Income $3.8B, EPS $7.53.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Marsh & Mclennan Companies, Inc..'s revenue has grown significantly by 10% over the 5-year period, indicating strong business expansion. The most recent EPS of $7.53 reflects profitable operations.

MRSH Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
18.5%
Free cash flow / Revenue

MRSH Quarterly Earnings & Performance

Quarterly financial performance data for Marsh & Mclennan Companies, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $7.1B $1.1B $2.36
Q3 2025 $5.7B $747.0M $1.51
Q2 2025 $6.2B $1.1B $2.27
Q1 2025 $6.5B $1.4B $2.79
Q3 2024 $5.4B $730.0M $1.47
Q2 2024 $5.9B $1.0B $2.07

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Marsh & Mclennan Companies, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$5.3B
Cash generated from operations
Stock Buybacks
$2.0B
Shares repurchased (TTM)
Capital Expenditures
$291.0M
Investment in assets
Dividends Paid
$1.7B
Returned to shareholders

MRSH SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Marsh & Mclennan Companies, Inc.. (CIK: 0000062709)

📋 Recent SEC Filings

Date Form Document Action
Apr 16, 2026 10-Q mrsh-20260331.htm View →
Apr 16, 2026 8-K mmc-20260416.htm View →
Apr 14, 2026 8-K dp245126_8k.htm View →
Apr 3, 2026 4 xslF345X06/form4.xml View →
Mar 31, 2026 DEF 14A d94896ddef14a.htm View →

Frequently Asked Questions about MRSH

What is the AI rating for MRSH?

Marsh & Mclennan Companies, Inc.. (MRSH) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 82% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are MRSH's key strengths?

Claude: Exceptional profitability with 15.4% net margin and 27.2% ROE, demonstrating efficient capital deployment. Strong cash generation with $5.0B free cash flow (18.5% FCF margin) providing financial flexibility. ChatGPT: 23% operating margin with double-digit revenue growth. Robust FCF ($5.0B) and 18.5% FCF margin with low capex.

What are the risks of investing in MRSH?

Claude: Elevated financial leverage at 1.28x debt-to-equity with $19.6B long-term debt requiring management focus on deleveraging. Tight liquidity position with current ratio of 1.10x leaves limited margin for operational disruptions. ChatGPT: Margin pressure evidenced by slight YoY net income decline. Moderate leverage (1.28x D/E) could bite if rates or M&A rise.

What is MRSH's revenue and growth?

Marsh & Mclennan Companies, Inc.. reported revenue of $27.0B.

Does MRSH pay dividends?

Marsh & Mclennan Companies, Inc.. pays dividends, with $1,699.0M distributed to shareholders in the trailing twelve months.

Where can I find MRSH SEC filings?

Official SEC filings for Marsh & Mclennan Companies, Inc.. (CIK: 0000062709) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is MRSH's EPS?

Marsh & Mclennan Companies, Inc.. has a diluted EPS of $8.43.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is MRSH a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Marsh & Mclennan Companies, Inc.. has a BUY rating with 82% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is MRSH stock overvalued or undervalued?

Valuation metrics for MRSH: ROE of 27.2% (sector avg: 12%), net margin of 15.4% (sector avg: 25%). Higher ROE suggests strong returns relative to peers.

Should I buy MRSH stock in 2026?

Our dual AI analysis gives Marsh & Mclennan Companies, Inc.. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is MRSH's free cash flow?

Marsh & Mclennan Companies, Inc..'s operating cash flow is $5.3B, with capital expenditures of $291.0M. FCF margin is 18.5%.

How does MRSH compare to other Finance stocks?

Vs Finance sector averages: Net margin 15.4% (avg: 25%), ROE 27.2% (avg: 12%), current ratio 1.10 (avg: 1.2).

Why is MRSH's return on equity (ROE) so high?

Marsh & Mclennan Companies, Inc.. has a return on equity of 27.2%, significantly above the Finance sector average of 12%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 15.4% net margin.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 2, 2026 | Data as of: 2025-12-31 | Powered by Claude AI