Marsh & McLennan Cos., Inc.

Marsh & McLennan Cos., Inc.

MMC

Market Cap$111.68B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Marsh & McLennan Cos., Inc.Marsh & McLennan Cos., Inc.27.51.39%30%4.71.6

Earnings Call Q4 2024

January 30, 2025 - AI Summary

Strong Financial Performance and Growth: Marsh McLennan reported total revenue growth of 8% for 2024, reaching $24.5 billion, with underlying revenue growth of 7%. Adjusted operating income grew 11% to $6.2 billion, marking the 17th consecutive year of margin expansion, and adjusted EPS increased 10% to $8.80. The fourth quarter also showed a solid performance with adjusted EPS at $1.87, up 11% year-over-year.
Acquisitions and Capital Deployment: The company had a record year for mergers and acquisitions, investing $9.4 billion, including the significant acquisition of McGriff for $7.75 billion. Marsh McLennan also returned substantial capital to shareholders through a 15% increase in dividends and $900 million in share repurchases, reflecting a strong commitment to delivering shareholder value.
Outlook for 2025: For 2025, the company expects mid-single-digit underlying revenue growth, continued margin expansion, and solid adjusted EPS growth. This includes anticipated headwinds from fiduciary income and foreign exchange, alongside a difficult revenue growth comparison due to macroeconomic uncertainties.

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$230.00

Target Price by Analysts

0.4% downsideMarsh & McLennan Cos. Target Price DetailsTarget Price
$127.94

Current Fair Value

44.6% downside

Overvalued by 44.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$111.68 Billion
Enterprise Value$131.52 Billion
Dividend Yield$3.155 (1.38742304309587%)
Earnings per Share$8.25
Beta0.94
Outstanding Shares491,000,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio27.5
PEG649.71
Price to Sales4.71
Price to Book Ratio8.56
Enterprise Value to Revenue5.38
Enterprise Value to EBIT25.22
Enterprise Value to Net Income32
Total Debt to Enterprise0.17
Debt to Equity1.64

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Marsh & McLennan Cos., Inc.

CEO: Daniel Glaser