Marsh McLennan (MRSH) fundamentals: P/E, valuation, undervalued?

Marsh McLennan · Financials · ref. ETF XLF · price $190
Logo Marsh McLennanSee the full Marsh McLennan (MRSH) profile
In short — Marsh McLennan trades at 23.6× earnings (P/E), 16.7× forward, with a net margin of 14.2 % and revenue growth of +6 %. Read: Average P/E (P/E 24 (near the ~20-25 average)).

Is Marsh McLennan stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$190-8.0% over range
Aug 28, 25low $157.32 · high $207.02Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Hold
42% recommend buying · 12 analysts
Valuation : Average P/E — P/E 24 (near the ~20-25 average)

Valuation

23.6
P/E (price/earnings)
16.7
Forward P/E
3.23
PEG
6.0
Price/book (P/B)
$90.7B
Market cap
8.06
EPS

Profitability & growth

14.2 %
Net margin
+6 %
Revenue growth
+7 %
Earnings growth
$22.4B
Total debt

Marsh McLennan income statement

Fiscal yearRevenueNet incomeMargin
2022$20.7B$3.0B14.7 %
2023$22.7B$3.8B16.5 %
2024$24.5B$4.1B16.6 %
2025$27.0B$4.2B15.4 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is Marsh McLennan's P/E and is the stock undervalued? What's a good P/E?

Marsh McLennan's P/E is 23.6 (forward 16.7). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Average P/E".

Is Marsh McLennan profitable?

Marsh McLennan has a net margin of 14.2 % (EPS 8.06). The company is profitable.

Is MRSH stock expensive?

Our read: "Average P/E" — P/E 24 (near the ~20-25 average). Cross-check with growth and sector.

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