Marsh & McLennan Companies (MRSH) Financial Ratios

For fiscal 2025 (fiscal year ended Dec 31, 2025), Marsh & McLennan Companies had a P/E ratio of 21.85 (down from 25.69), return on equity of 29.3% (down from 31.8%), debt-to-equity of 1.40 (down from 1.61) and a current ratio of 1.10 (down from 1.13). A current ratio of 1.10 means current assets exceed current liabilities. Its dividend yield was 1.94% with a payout ratio of 40.5%.

Marsh & McLennan Companies Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Valuation Ratios
P/E Ratio	21.85	25.69	24.87	26.91	27.92
Forward P/E	18.36	23.04	22.35	22.78	26.23
P/S Ratio	3.37	4.26	4.11	3.96	4.43
P/B Ratio	5.93	7.71	7.55	7.64	7.82
Price/FCF	18.17	26.17	24.32	27.41	28.22
Price/OCF	17.18	24.25	21.94	23.69	24.96
PEG Ratio	3.03	2.62	1.94	2.49	1.95
Enterprise Value Ratios
EV/Revenue	4.08	4.80	4.67	4.58	5.02
EV/EBITDA	14.05	16.26	16.27	16.74	18.09
EV/EBIT	15.89	18.13	18.26	19.18	20.94
EV/FCF	22.00	29.48	27.67	31.65	31.99
Profitability & Returns
Return on Equity (ROE)	29.35%	31.79%	32.89%	28.10%	30.99%
Return on Assets (ROA)	7.51%	7.75%	7.90%	7.87%	8.81%
Return on Invested Capital (ROIC)	15.77%	16.95%	18.65%	16.46%	16.53%
Return on Capital Employed (ROCE)	18.40%	17.50%	20.60%	18.80%	17.10%
Leverage & Solvency Ratios
Debt/Equity	1.40	1.61	1.25	1.25	1.17
Debt/EBITDA	2.58	2.85	2.21	2.20	2.19
Debt/FCF	4.29	5.49	4.02	4.50	4.23
Liquidity Ratios
Current Ratio	1.10	1.13	1.10	1.06	1.24
Quick Ratio	0.52	0.51	0.51	0.43	1.15
Efficiency Ratios
Asset Turnover	0.47	0.47	0.49	0.53	0.59
Yield & Distribution Ratios
Earnings Yield	4.58%	3.89%	4.02%	3.72%	3.58%
FCF Yield	5.50%	3.82%	4.11%	3.65%	3.54%
Dividend Yield	1.94%	1.54%	1.51%	1.49%	1.29%
Payout Ratio	40.51%	36.92%	34.21%	36.89%	32.26%
Buyback Yield	0.40%	0.60%	1.19%	1.56%	-0.19%
Total Return	2.34%	2.14%	2.70%	3.05%	1.10%

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Marsh & McLennan Companies Financial Ratios

What is Marsh & McLennan Companies's P/E ratio?

Marsh & McLennan Companies's P/E ratio was 21.85 for fiscal 2025 (period ended Dec 31, 2025). It was 25.69 a year earlier.

What is Marsh & McLennan Companies's return on equity?

Marsh & McLennan Companies's return on equity (ROE) was 29.3% for fiscal 2025 (period ended Dec 31, 2025). It was 31.8% a year earlier.

What is Marsh & McLennan Companies's debt-to-equity ratio?

Marsh & McLennan Companies's debt-to-equity ratio was 1.40 for fiscal 2025 (period ended Dec 31, 2025). It was 1.61 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition