Wall Street analyst estimates for Marsh & McLennan Companies, Inc. (MRSH): consensus price target, buy/hold/sell recommendations and forecasts for revenue, EPS and EBITDA for the upcoming fiscal years.
Marsh & McLennan Companies, Inc. (MRSH) functions as a leading professional services organization, delivering expert guidance and innovative solutions to clients across the vital domains of risk management, strategic planning, and human capital. Based in New York City, the firm maintains a substantial global workforce, employing approximately 65,000 full-time professionals. This entity serves as the parent company for several prominent advisory and consulting brands.
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-10-15 | $1.98 | ||
| 2026-07-21 | $2.96 | $2.88 | +2.8% |
| 2026-04-16 | $3.29 | $3.22 | +2.2% |
| 2026-01-29 | $2.12 | $1.97 | +7.6% |
| 2025-10-16 | $1.85 | $1.78 | +3.9% |
| 2025-07-17 | $2.72 | $2.67 | +1.9% |
| 2025-04-17 | $3.06 | $3.02 | +1.3% |
| 2025-01-30 | $1.87 | $1.76 | +6.3% |
Valuation Ratios
| P/E Ratio | 21.64 |
| Price / Book | 5.64 |
| EV / EBITDA | 18.49 |
| Dividend Yield | 2.08% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.21B | $14.02B | $14.95B | $16.65B | $17.22B | $19.82B | $20.72B | $22.74B | $24.46B | $26.98B |
| Cost of Revenue | $7.69B | $8.09B | $8.61B | $9.73B | $10.13B | $11.43B | $12.07B | $13.10B | $14.00B | $15.58B |
| Gross Profit | $5.52B | $5.94B | $6.34B | $6.92B | $7.09B | $8.39B | $8.65B | $9.64B | $10.46B | $11.40B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $7.69B | $8.09B | $8.61B | $9.73B | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | $3.09B | $3.28B | $3.58B | $4.24B | $4.03B | $4.08B | $4.37B | $4.36B | $4.64B | $5.18B |
| Operating Income | $2.43B | $2.65B | $2.76B | $2.68B | $3.07B | $4.31B | $4.28B | $5.28B | $5.82B | $6.22B |
| EBITDA | $3.11B | $3.36B | $3.03B | $3.61B | $4.05B | $5.40B | $5.27B | $6.32B | $6.93B | $7.39B |
| Interest Expense | $189.0M | $237.0M | $290.0M | $524.0M | $515.0M | $444.0M | $469.0M | $578.0M | $700.0M | $960.0M |
| Pre-tax Income | $2.48B | $2.64B | $2.24B | $2.44B | $2.79B | $4.21B | $4.08B | $5.03B | $5.48B | $5.54B |
| Income Tax | $685.0M | $1.13B | $574.0M | $666.0M | $747.0M | $1.03B | $995.0M | $1.22B | $1.36B | $1.30B |
| Net Income | $1.77B | $1.49B | $1.65B | $1.74B | $2.02B | $3.14B | $3.05B | $3.76B | $4.06B | $4.16B |
| EPS | $3.41 | $2.91 | $3.26 | $3.44 | $3.98 | $6.20 | $6.11 | $7.60 | $8.25 | $8.48 |
| EPS (Diluted) | $3.37 | $2.87 | $3.23 | $3.41 | $3.94 | $6.13 | $6.04 | $7.53 | $8.18 | $8.43 |
| Shares Outstanding (Diluted) | $524.0M | $519.0M | $511.0M | $511.0M | $512.0M | $513.0M | $505.0M | $499.0M | $496.0M | $490.0M |
Price
| Price | $176.76 |
| Market Cap | $84.4B |
| Exchange | NYSE |
| Country | US |
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Explore sector: Financial Services · Insurance - Brokers
More sections of MRSH: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
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