MARSH & MCLENNAN COMPANIES, INC. (MRSH)
Insurance Agents, Brokers & Service
Latest Price
$189.69
TTM P/E
23.19
Normalized P/E
25.10
Div Yield
1.90%
Book Value
32.02
P/B Ratio
5.92
Valuation metrics
adjust assumptions →Norm. op. income: $4.3B (median of 7yr)
Tax rate: 25%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$29.60
84% downside
Base FCF: $3.8B (median of recent 5yr)
Growth: 14%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$233.47
+23% upside
EPS: $8.43
Target P/E: 25×
Formula: EPS × P/E
P/E Fair Value
$210.75
+11% upside
Institutional Ownership
86.1% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 42.06M | $7.29B | 8.80% | +1.62M | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 31.47M | $5.46B | 6.58% | -- | 2026-03-31 |
| STATE STREET CORP | 22.07M | $3.83B | 4.62% | +199.0K | 2026-03-31 |
| Capital World Investors | 17.97M | $3.12B | 3.76% | +1.04M | 2026-03-31 |
| WELLINGTON MANAGEMENT GROUP LLP | 17.37M | $3.01B | 3.63% | +1.37M | 2026-03-31 |
| Capital International Investors | 15.71M | $2.73B | 3.29% | -3.05M | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 13.40M | $2.32B | 2.80% | +1.76M | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 12.43M | $2.15B | 2.60% | -- | 2026-03-31 |
| Capital Research Global Investors | 11.30M | $1.96B | 2.36% | +3.31M | 2026-03-31 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 10.98M | $1.90B | 2.30% | +1.76M | 2026-03-31 |