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MMC

MMC - Marsh & McLennan Cos Inc Stock Price, Fair Value and News

201.65USD+4.03 (+2.04%)Market Closed

Market Summary

MMC
USD201.65+4.03
Market Closed
2.04%

MMC Alerts

  • 2 major insider sales recently.

MMC Stock Price

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MMC RSI Chart

MMC Valuation

Market Cap

97.6B

Price/Earnings (Trailing)

24.9

Price/Sales (Trailing)

4.19

EV/EBITDA

15.64

Price/Free Cashflow

25.19

MMC Price/Sales (Trailing)

MMC Profitability

EBT Margin

22.47%

Return on Equity

31.06%

Return on Assets

8.24%

Free Cashflow Yield

3.97%

MMC Fundamentals

MMC Revenue

Revenue (TTM)

23.3B

Rev. Growth (Yr)

9.27%

Rev. Growth (Qtr)

16.55%

MMC Earnings

Earnings (TTM)

3.9B

Earnings Growth (Yr)

13.36%

Earnings Growth (Qtr)

85.19%

Breaking Down MMC Revenue

Last 7 days

1.2%

Last 30 days

-2.4%

Last 90 days

1.3%

Trailing 12 Months

16.2%

How does MMC drawdown profile look like?

MMC Financial Health

Current Ratio

1.14

Debt/Equity

0.97

Debt/Cashflow

0.35

MMC Investor Care

Dividend Yield

0.47%

Dividend/Share (TTM)

0.94

Buy Backs (1Y)

0.40%

Diluted EPS (TTM)

7.88

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202423.3B000
202321.1B21.6B22.2B22.7B
202220.3B20.6B20.8B20.7B
202117.7B18.5B19.1B19.8B
202017.2B17.1B17.1B17.2B
201915.0B15.6B16.1B16.7B
201814.5B14.8B14.9B14.9B
201713.4B13.5B13.7B14.0B
201613.0B13.2B13.2B13.2B
201512.9B12.8B12.8B12.9B
201412.4B12.6B12.8B13.0B
201312.0B12.1B12.1B12.3B
201211.7B11.8B11.8B11.9B
201110.8B11.1B11.4B11.5B
20109.9B10.1B10.2B10.6B
200910.3B9.8B9.3B9.9B
2008010.5B10.6B10.7B
200700010.4B
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Tracking the Latest Insider Buys and Sells of Marsh & McLennan Cos Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 14, 2024
mills stacy
sold
-305,583
209
-1,461
vice president and controller
Mar 08, 2024
klisura dean michael
acquired
-
-
9,994
president & ceo, guy carpenter
Mar 08, 2024
klisura dean michael
sold
-2,048,770
205
-9,994
president & ceo, guy carpenter
Mar 07, 2024
jones john jude
sold
-306,523
203
-1,505
chief marketing officer
Mar 06, 2024
south martin
sold
-2,987,320
203
-14,685
president & ceo, marsh
Mar 06, 2024
south martin
acquired
-
-
15,913
president & ceo, marsh
Mar 05, 2024
beswick paul
acquired
118,865
118
1,000
svp, chief information officer
Mar 05, 2024
beswick paul
sold
-438,138
202
-2,169
svp, chief information officer
Mar 05, 2024
ferland martine
sold
-1,840,440
201
-9,128
president and ceo, mercer
Mar 04, 2024
beswick paul
sold
-435,514
200
-2,169
svp, chief information officer

1–10 of 50

Which funds bought or sold MMC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 17, 2024
Meritas Wealth Management, LLC
unchanged
-
45,750
570,771
0.40%
Apr 17, 2024
Cornerstone Wealth Group, LLC
new
-
231,351
231,351
0.02%
Apr 17, 2024
Baker Ellis Asset Management LLC
new
-
290,844
290,844
0.04%
Apr 17, 2024
Town & Country Bank & Trust CO dba First Bankers Trust CO
added
0.8
328,542
3,758,520
1.60%
Apr 17, 2024
MEANS INVESTMENT CO., INC.
new
-
209,881
209,881
0.03%
Apr 17, 2024
Merrion Investment Management Co, LLC
added
32.66
128,266
418,345
0.30%
Apr 17, 2024
Red Door Wealth Management, LLC
added
15.21
188,415
934,737
0.18%
Apr 17, 2024
HARTFORD INVESTMENT MANAGEMENT CO
reduced
-2.45
381,579
6,687,140
0.24%
Apr 17, 2024
Clarius Group, LLC
reduced
-12.85
-44,392
800,644
0.06%
Apr 17, 2024
Stockman Wealth Management, Inc.
reduced
-5.54
12,809
488,379
0.09%

1–10 of 49

Are Funds Buying or Selling MMC?

Are funds buying MMC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MMC
No. of Funds

Unveiling Marsh & McLennan Cos Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
8.88%
43,794,070
SC 13G/A
Jan 25, 2024
blackrock inc.
8.3%
40,997,160
SC 13G/A
Feb 09, 2023
vanguard group inc
8.81%
43,717,203
SC 13G/A
Feb 07, 2023
blackrock inc.
8.7%
43,138,772
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
4.9%
24,998,897
SC 13G/A
Feb 10, 2022
vanguard group inc
8.34%
42,128,173
SC 13G/A
Feb 01, 2022
blackrock inc.
8.5%
43,136,914
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
6.5%
33,053,215
SC 13G/A
Feb 10, 2021
vanguard group inc
8.28%
42,016,368
SC 13G/A
Jan 29, 2021
blackrock inc.
8.1%
41,242,579
SC 13G/A

Recent SEC filings of Marsh & McLennan Cos Inc

View All Filings
Date Filed Form Type Document
Apr 18, 2024
10-Q
Quarterly Report
Apr 18, 2024
8-K
Current Report
Apr 03, 2024
3
Insider Trading
Apr 03, 2024
4
Insider Trading
Mar 29, 2024
ARS
ARS
Mar 29, 2024
DEF 14A
DEF 14A
Mar 29, 2024
DEFA14A
DEFA14A
Mar 18, 2024
4
Insider Trading
Mar 14, 2024
144
Notice of Insider Sale Intent
Mar 14, 2024
8-K
Current Report

Peers (Alternatives to Marsh & McLennan Cos Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.0T
1.2B
-2.54% 3165.31%
-4.8K
765.85
-10.27% -34.69%
50.7B
10.1B
-7.85% 14.59%
52.27
5.04
17.79% -12.97%
49.7B
46.8B
-3.32% 37.26%
13.64
1.06
-14.05% -64.38%
48.2B
42.9B
-5.88% 15.29%
15.36
1.12
13.52% 12.15%
46.7B
18.7B
-3.98% 20.97%
10.03
2.5
-2.30% 5.45%
34.2B
13.6B
-0.31% 26.70%
7.7
2.51
41.83% 201.02%
10.5B
7.8B
-4.69% 1.23%
12.32
1.34
11.18% -5.12%
MID-CAP
9.7B
12.4B
-3.09% 22.57%
7.58
0.79
3.35% -8.77%
8.9B
11.1B
-4.72% 43.63%
13.82
0.8
9.21% 132.28%
4.6B
11.6B
-0.26% 24.04%
-6.15
0.4
-38.09% -155.38%
4.4B
2.8B
-1.66% 43.84%
20.8
1.54
100.59% -89.04%
SMALL-CAP
1.6B
1.2B
-9.70% 5.89%
-17.88
1.32
24.25% -115.79%
955.4M
306.9M
-1.13% -4.68%
15.38
3.11
4.11% 11.70%
633.6M
269.0M
-4.82% -7.03%
140.81
2.36
-46.68% -99.14%
40.2M
186.8M
-29.64% -14.72%
-235.04
0.22
-0.56% -111.21%

Marsh & McLennan Cos Inc News

Latest updates
Seeking Alpha11 hours ago

Marsh & McLennan Cos Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue16.5%6,4735,5545,3825,8765,9245,0224,7705,3795,5495,1374,5835,0175,0834,4163,9684,1894,6514,2643,9684,3494,071
Operating Expenses2.2%4,5484,4514,3864,4194,1984,3423,9794,0154,1044,1513,8433,7893,7253,8453,4283,3043,5813,6723,5013,6693,133
EBITDA Margin1.4%0.27*0.26*0.25*0.25*0.25*0.24*0.25*0.25*0.25*0.25*0.24*0.24*0.23*--------
Interest Expenses5.3%159151145146136127118114110109107110118128128132127130133141120
Income Taxes58.0%447283192337412142181334338154174382324161139207240135108206217
Earnings Before Taxes78.5%1,8711,0489301,3841,6646137331,3121,4249617161,2091,3225404597871,007531414550944
EBT Margin1.7%0.22*0.22*0.21*0.20*0.20*0.20*0.21*0.21*0.21*0.21*0.20*0.19*0.18*--------
Net Income85.2%1,4007567301,0351,2354665469671,071803537820983374316572754391303332716
Net Income Margin1.9%0.17*0.17*0.16*0.15*0.15*0.15*0.16*0.16*0.16*0.16*0.14*0.13*0.13*--------
Free Cashflow-152.2%-8681,6631,6991,383-9031,3991,2551,165-8241,3041,2071,076-477--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.0%47,57248,03048,00046,56634,35844,11432,02333,44033,68844,01032,98232,95332,27333,04932,68132,16931,39131,35731,09732,11630,137
  Current Assets-2.1%21,29921,74822,27920,8029,11318,9597,5748,1697,7888,2647,8777,5737,5498,1558,3128,0977,7497,0687,0567,52612,675
    Cash Equivalents284.5%12,9103,3582,9011,1711,0061,4428029097721,7521,3988881,12010,6742,3881,7111,4808,4991,2131,2941,117
  Net PPE-0.6%877882859870867871865863865847824816830856864866850858816799716
  Goodwill0.5%17,31417,23116,65516,62116,30016,25115,57615,96316,25416,31715,64815,77515,45815,51715,03414,79714,41214,67114,28614,4799,739
  Current Liabilities-5.7%18,66019,79520,60519,8137,91417,8327,2927,0166,5876,6546,6595,8166,1236,5566,5305,9286,8596,6796,2046,3825,739
  Short Term Borrowings------268---17.00--1,500517---1,215---
  Long Term Debt3.9%12,30011,84411,78110,24710,84111,22710,39910,48710,55210,93310,22810,25710,24210,79611,53211,98511,23110,74111,42911,45911,472
    LT Debt, Current-30.9%1,1191,619-------------------
    LT Debt, Non Current-100.0%-11,84411,78110,24710,84111,22710,39910,48710,55210,93310,22810,25710,24210,79611,53211,98511,23110,74111,42911,459-
Shareholder's Equity2.0%12,62212,37011,58612,13911,19610,7499,79122411,15611,2229,88810,2649,5969438,7528,39215,4905617,7978,3377,986
  Retained Earnings3.1%23,45622,75922,00721,98020,94920,30119,83719,88018,91618,38917,58917,59716,78016,27215,90216,06015,49015,19914,81114,74114,642
  Additional Paid-In Capital-10.5%1,1121,2421,1501,0741,0641,1791,1111,0441,0261,1121,034945851943882814746862796736681
Accumulated Depreciation1.5%1,5851,5621,6191,6111,5791,5311,6501,6731,6791,5892,3272,3172,1972,1592,1132,0522,0122,0011,9442,0181,889
Shares Outstanding0.2%493492493494495495497499502504505507---------
Minority Interest11.7%20017918017824322922622421921315415616215616116615615017727277.00
Float----92,850---77,421---53,818---53,818---50,439-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-143.8%-7811,7831,8101,484-8191,5021,3831,282-7021,4421,3241,158-4081,3831,4211,216-6381,0701,050517-276
  Share Based Compensation14.4%10390.0082.0092.0099.0084.0089.0089.0010585.0087.0098.0078.0071.0072.0075.0072.0068.0067.0060.0057.00
Cashflow From Investing22.4%-368-474-442-133-368-487-105-99.00-159-592-148-357-67.00-147-82.00-319-2451,109-74.00-5,243-187
Cashflow From Financing105.8%135-2,334988-546773-1,074-470-357855-1,17087.0047.00-261-762-784-7191,340-6.00-987-1,5026,826
  Dividend Payments-100.0%-354353295296298293275272276272241237241236234232235233212210
  Buy Backs20.0%300250300300300350500600500425300322112----185200100-

MMC Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Revenue$ 22,736$ 20,720$ 19,820
Expense:   
Compensation and benefits13,09912,07111,425
Other operating expenses4,3554,3694,083
Operating expenses17,45416,44015,508
Operating income5,2824,2804,312
Other net benefits credits239235277
Interest income78152
Interest expense(578)(469)(444)
Investment income52161
Income before income taxes5,0264,0824,208
Income tax expense1,2249951,034
Net income before non-controlling interests3,8023,0873,174
Less: Net income attributable to non-controlling interests463731
Net income attributable to the Company$ 3,756$ 3,050$ 3,143
Net income per share attributable to the Company   
Basic (in dollars per share)$ 7.60$ 6.11$ 6.20
Diluted (in dollars per share)$ 7.53$ 6.04$ 6.13
Average number of shares outstanding   
Basic (in shares)494499507
Diluted (in shares)499505513
Shares outstanding (in shares)492495504

MMC Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 3,358$ 1,442
Cash and cash equivalents held in a fiduciary capacity10,79410,660
Receivables  
Commissions and fees5,8065,293
Advanced premiums and claims103103
Other660616
Gross receivables6,5696,012
Less – allowance for credit losses(151)(160)
Net receivables6,4185,852
Other current assets1,1781,005
Total current assets21,74818,959
Goodwill17,23116,251
Other intangible assets2,6302,537
Fixed assets, net882871
Pension related assets2,0512,127
Right of use assets1,5411,562
Deferred tax assets357358
Other assets1,5901,449
Total assets48,03044,114
Current liabilities:  
Short-term debt1,619268
Accounts payable and accrued liabilities3,4033,278
Accrued compensation and employee benefits3,3463,095
Current lease liabilities312310
Accrued income taxes321221
Fiduciary liabilities10,79410,660
Total current liabilities19,79517,832
Long-term debt11,84411,227
Pension, post-retirement and post-employment benefits779921
Long-term lease liabilities1,6611,667
Liability for errors and omissions314355
Other liabilities1,2671,363
Commitments and contingencies00
Equity:  
Preferred stock, $1 par value, authorized 6,000,000 shares, none issued00
Common stock, $1 par value, authorized 1,600,000,000 shares, issued 560,641,640 shares at December 31, 2023 and 2022561561
Additional paid-in capital1,2421,179
Retained earnings22,75920,301
Accumulated other comprehensive loss(5,295)(5,314)
Non-controlling interests179229
Stockholders Equity Subtotal Before Treasury Stock19,44616,956
Less – treasury shares, at cost, 68,635,498 shares at December 31, 2023 and 65,855,914 shares at December 31, 2022(7,076)(6,207)
Total equity12,37010,749
Total liabilities and stockholders' equity$ 48,030$ 44,114
MMC
Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, strategic advisory services, and analytics solutions; and insurance program management services. This segment serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, wealth, and career consulting services and products; and specialized management, strategic, economic, and brand consulting services. Marsh & McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York.
 CEO
 WEBSITEmmc.com
 INDUSTRYInsurance Property & Casualty
 EMPLOYEES65535

Marsh & McLennan Cos Inc Frequently Asked Questions


What is the ticker symbol for Marsh & McLennan Cos Inc? What does MMC stand for in stocks?

MMC is the stock ticker symbol of Marsh & McLennan Cos Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Marsh & McLennan Cos Inc (MMC)?

As of Thu Apr 18 2024, market cap of Marsh & McLennan Cos Inc is 99.14 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MMC stock?

You can check MMC's fair value in chart for subscribers.

What is the fair value of MMC stock?

You can check MMC's fair value in chart for subscribers. The fair value of Marsh & McLennan Cos Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Marsh & McLennan Cos Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MMC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Marsh & McLennan Cos Inc a good stock to buy?

The fair value guage provides a quick view whether MMC is over valued or under valued. Whether Marsh & McLennan Cos Inc is cheap or expensive depends on the assumptions which impact Marsh & McLennan Cos Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MMC.

What is Marsh & McLennan Cos Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, MMC's PE ratio (Price to Earnings) is 26.4 and Price to Sales (PS) ratio is 4.36. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MMC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Marsh & McLennan Cos Inc's stock?

In the past 10 years, Marsh & McLennan Cos Inc has provided 0.172 (multiply by 100 for percentage) rate of return.