Marsh & McLennan Companies (MMC)
(Delayed Data from NYSE)
$223.55 USD
-1.06 (-0.47%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $223.49 -0.06 (-0.03%) 7:58 PM ET
2-Buy of 5 2
D Value C Growth F Momentum F VGM
Company Summary
Founded in 1871 and based in New York, Marsh & McLennan Companies Inc. is a globally leading insurance broker. Currently operating under the Marsh and Guy Carpenter brands, the company is a global professional services firm providing risk and insurance services, risk consulting, and employee benefits consulting services to clients worldwide.
Marsh & McLennan provides insurance and consulting services through more than 85,000 employees (Dec 31, 2023) worldwide to clients in more than 130 countries. Due to its presence in so many countries, foreign exchange rate movements play a crucial role in its revenues. It reported consolidated revenues of $22.7 ...
Company Summary
Founded in 1871 and based in New York, Marsh & McLennan Companies Inc. is a globally leading insurance broker. Currently operating under the Marsh and Guy Carpenter brands, the company is a global professional services firm providing risk and insurance services, risk consulting, and employee benefits consulting services to clients worldwide.
Marsh & McLennan provides insurance and consulting services through more than 85,000 employees (Dec 31, 2023) worldwide to clients in more than 130 countries. Due to its presence in so many countries, foreign exchange rate movements play a crucial role in its revenues. It reported consolidated revenues of $22.7 billion in 2023. Geographically, around 53% of Marsh & McLennan's revenues were generated from outside the US in 2022 while the remaining 47% were earned in the domestic market.
Strategic acquisitions, launch of new products and services, enhancements to digital capabilities and branching out into new businesses are buoying the company's growth. Marsh & McLennan conducts business primarily through Risk and Insurance Services, and Consulting units.
Risk and Insurance Services (Accounted for 62% of revenues in 2023): This segment is operated through Marsh and Guy Carpenter. Marsh is world leader in insurance brokering, providing risk management, insurance and reinsurance broking and insurance program management services across public and private entities.
Consulting (38%): This segment comprises Mercer and Oliver Wyman Group. Mercer is a leading global provider of consulting, outsourcing and investment services. Oliver Wyman Group delivers advisory services to clients through three operating units, each of which is a leader in its field. Lippincott helps clients create, develop and manage their corporate branding, identity and image. NERA Economic Consulting advises corporations, law firms and government entities on the economics of competition, regulation, public policy, finance and litigation.
General Information
Marsh & McLennan Companies, Inc
1166 AVENUE OF THE AMERICAS
NEW YORK, NY 10036
Phone: 212-345-5000
Fax: 408-523-1390
Web: http://www.mmc.com
Email: mmc.investor.relations@mmc.com
Industry | Insurance - Brokerage |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Earnings Date | 10/17/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.62 |
Current Year EPS Consensus Estimate | 8.74 |
Estimated Long-Term EPS Growth Rate | 8.20 |
Earnings Date | 10/17/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 224.61 |
52 Week High | 232.32 |
52 Week Low | 184.02 |
Beta | 0.94 |
20 Day Moving Average | 1,519,443.25 |
Target Price Consensus | 223.75 |
4 Week | 0.10 |
12 Week | 6.09 |
YTD | 17.99 |
4 Week | -1.09 |
12 Week | 1.59 |
YTD | -1.31 |
Shares Outstanding (millions) | 491.76 |
Market Capitalization (millions) | 109,932.03 |
Short Ratio | NA |
Last Split Date | 7/1/2002 |
Dividend Yield | 1.46% |
Annual Dividend | $3.26 |
Payout Ratio | 0.33 |
Change in Payout Ratio | -0.02 |
Last Dividend Payout / Amount | 7/25/2024 / $0.81 |
Fundamental Ratios
P/E (F1) | 25.59 |
Trailing 12 Months | 26.15 |
PEG Ratio | 3.12 |
vs. Previous Year | 9.55% |
vs. Previous Quarter | -16.61% |
vs. Previous Year | 5.87% |
vs. Previous Quarter | -3.89% |
Price/Book | 8.10 |
Price/Cash Flow | 23.46 |
Price / Sales | 4.65 |
6/30/24 | 33.92 |
3/31/24 | 34.14 |
12/31/23 | 33.72 |
6/30/24 | 8.85 |
3/31/24 | 8.75 |
12/31/23 | 9.01 |
6/30/24 | 1.17 |
3/31/24 | 1.14 |
12/31/23 | 1.10 |
6/30/24 | 1.17 |
3/31/24 | 1.14 |
12/31/23 | 1.10 |
6/30/24 | 17.99 |
3/31/24 | 17.86 |
12/31/23 | 17.53 |
6/30/24 | 16.97 |
3/31/24 | 16.84 |
12/31/23 | 16.52 |
6/30/24 | 22.91 |
3/31/24 | 22.47 |
12/31/23 | 22.11 |
6/30/24 | 27.58 |
3/31/24 | 25.62 |
12/31/23 | 25.09 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 0.91 |
3/31/24 | 0.97 |
12/31/23 | 0.96 |
6/30/24 | 47.51 |
3/31/24 | 49.35 |
12/31/23 | 48.91 |