Marsh & McLennan Cos., Inc. is a professional services firm, which offers clients advice and solutions in risk, strategy and people. It operates through the following business segments: Risk & Insurance Services, and Consulting. The Risk and Insurance Services segment includes risk management activities, as well as insurance and reinsurance broking and services. The Company conducts business in this segment through Marsh and Guy Carpenter. The Consulting segment includes health, wealth & career services & products, specialized management, economic and brand consulting services. The firm conducts business in this segment through Mercer and Oliver Wyman Group. Marsh & McLennan Cos was founded by Henry W. Marsh and Donald R. McLennan in 1871 and is headquartered in New York, NY.
Highlights
Marsh & Mclennan Companies's net income has increased by 37% YoY and by 13% QoQ
Marsh & Mclennan Companies's EPS has increased by 36% YoY and by 13% QoQ
The price to earnings (P/E) is 14% higher than the 5-year quarterly average of 25.0 but 3.1% lower than the last 4 quarters average of 29.4
Key stats
What are the main financial stats of MMC
Market
Shares outstanding
506.53M
Market cap
$57.59B
Enterprise value
$71.32B
Valuations
Price to earnings (P/E)
28.5
Price to book (P/B)
7
Price to sales (P/S)
3.37
EV/EBIT
22.07
EV/EBITDA
16.74
EV/Sales
4.18
Earnings
Revenue
$17.07B
EBIT
$3.23B
EBITDA
$4.26B
Free cash flow
$2.25B
Per share
EPS
$3.99
Free cash flow per share
$4.44
Book value per share
$16.25
Revenue per share
$33.74
TBVPS
$28.88
Balance sheet
Total assets
$32.17B
Total liabilities
$23.78B
Debt
$15.44B
Equity
$8.23B
Working capital
$2.17B
Liquidity
Debt to equity
1.88
Current ratio
1.37
Quick ratio
1.24
Net debt/EBITDA
3.22
Margins
EBITDA margin
25%
Gross margin
100%
Net margin
11.8%
Operating margin
17.7%
Efficiency
Return on assets
6.4%
Return on equity
26.1%
Return on invested capital
15%
Return on capital employed
12.3%
Return on sales
18.9%
Dividend
Dividend yield
1.62%
DPS
$1.84
Payout ratio
46.1%
MMC stock price
How has the Marsh & Mclennan Companies stock price performed over time
Financial performance
How have Marsh & Mclennan Companies's revenue and profit performed over time
Revenue
$17.07B
Gross profit
$17.07B
Operating income
$3.01B
Net income
$2.02B
Gross margin
100%
Net margin
11.8%
Marsh & Mclennan Companies's net income has increased by 37% YoY and by 13% QoQ
The net margin has increased by 26% YoY and by 15% from the previous quarter
MMC's gross profit is up by 9% year-on-year
The company's revenue rose by 9% YoY
Growth
What is Marsh & Mclennan Companies's growth rate over time
Valuation
What is Marsh & Mclennan Companies stock price valuation
P/E
28.5
P/B
7
P/S
3.37
EV/EBIT
22.07
EV/EBITDA
16.74
EV/Sales
4.18
Marsh & Mclennan Companies's EPS has increased by 36% YoY and by 13% QoQ
The price to earnings (P/E) is 14% higher than the 5-year quarterly average of 25.0 but 3.1% lower than the last 4 quarters average of 29.4
The P/B is 23% more than the 5-year quarterly average of 5.7 and 6% more than the last 4 quarters average of 6.6
The equity has grown by 13% from the previous quarter
The P/S is 16% above the 5-year quarterly average of 2.9 and 9% above the last 4 quarters average of 3.1
The company's revenue rose by 9% YoY
Efficiency
How efficient is Marsh & Mclennan Companies business performance
The return on equity is up by 37% year-on-year and by 13% since the previous quarter
Marsh & Mclennan Companies's return on sales has increased by 19% YoY and by 9% QoQ
MMC's ROA is up by 14% year-on-year and by 12% since the previous quarter
The company's return on invested capital rose by 7% QoQ and by 6% YoY
Dividends
What is MMC's dividend history
DPS
$1.84
Dividend yield
1.62%
Payout ratio
46.1%
Recent dividends
Financial health
How did Marsh & Mclennan Companies financials performed over time
Marsh & Mclennan Companies's total assets is 35% higher than its total liabilities
The current ratio has grown by 21% from the previous quarter and by 16% YoY
MMC's quick ratio is up by 20% since the previous quarter and by 16% year-on-year
The debt is 88% more than the equity
Marsh & Mclennan Companies's debt to equity has decreased by 14% QoQ and by 2.1% YoY
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.