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Marsh & McLennan Companies, Inc. (MMC) Stock Analysis

DELISTED 2026

What happened to Marsh & McLennan Companies, Inc. (MMC) stock?

Marsh & McLennan Companies, Inc. (MMC) no longer trades on public markets. It was delisted in January 2026. The figures below are historical and are not a current quote.

MCap: $89.8B| P/E Ratio: 21.3| Vol: 1.18M|
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Marsh & McLennan Companies, Inc. (MMC) trades at $182.70. Marsh & McLennan Companies, Inc. is a global professional services firm providing advice and solutions in risk, strategy, and people. Market cap: $89.8B, Sector: Financial services.

Last analyzed: May 10, 2026
Marsh & McLennan Companies, Inc. is a global professional services firm providing advice and solutions in risk, strategy, and people. The company operates through Risk and Insurance Services and Consulting segments, serving diverse clients worldwide.

MMC stock analysis for 2026: Analysts have set a consensus price target of $210.40 for Marsh & McLennan Companies, Inc., suggesting 15.2% upside from the current price of $182.70. Key factors: analyst coverage, company fundamentals.

Watch the MMC film Every key number, told as a short cinematic story — just press play. ~2 min
Council Score · Weighted Average of 3 Disciplines
Bullish Lean 62/100 · B+

MMC: 1/2 scored disciplines lean bullish. Dominant signal: Ray Dalio bullish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI
Ray Dalio
Bullish
Ken Griffin
Bullish
Jim Simons
Neutral
Izzy Englander
Neutral
Seth Klarman
Bullish
Moon AI
Neutral
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Moderate
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →

Marsh & McLennan Companies, Inc. (MMC) Financial Services Profile

CEOJohn Quinlan Doyle
Employees90,000
HeadquartersNew York City, NY, US
IPO Year1987

Marsh & McLennan Companies, Inc. (MMC) is a global leader in risk, strategy, and people solutions, operating through its Risk and Insurance Services and Consulting segments. With a market capitalization of $89.8B, MMC leverages its extensive global network to serve businesses, public entities, and private clients, maintaining a strong competitive position in the financial services sector.

Data Provenance | Financial Data Quantitative Analysis NYSE Analysis: May 10, 2026

What Is the Investment Thesis for MMC?

As of May 10, 2026 — figures reflect the data available on that date.

Marsh & McLennan Companies, Inc. presents a compelling investment case based on its strong market position, diversified revenue streams, and consistent profitability. With a market capitalization of $89.8B and a profit margin of 14.3%, MMC demonstrates financial stability and growth potential. The company's beta of 0.75 indicates lower volatility compared to the market, making it a noteworthy option for risk-averse investors. Key growth catalysts include the increasing demand for risk management and consulting services, driven by global economic uncertainties and regulatory changes. The company's dividend yield of 2.21% provides a steady income stream, further enhancing its investment appeal. However, potential risks include economic downturns affecting client spending and increased competition in the consulting and insurance brokerage industries. Ongoing investments in technology and talent are crucial for maintaining MMC's competitive edge and driving long-term value creation.

Based on FMP financials and quantitative analysis

MMC Key Highlights

Market capitalization of $89.8B, reflecting its significant presence in the financial services sector.

  • Profit margin of 14.3%, indicating strong profitability and efficient operations.
  • Gross margin of 42.4%, showcasing its ability to generate revenue from its services.
  • Dividend yield of 2.21%, providing a steady income stream for investors.
  • Beta of 0.75, suggesting lower volatility compared to the overall market.

Who Are MMC's Competitors?

MMC is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
BMO Bank of Montreal (BMO) $175.73 -3.75% $123B 49
CME CME Group Inc. $270.87 +1.47% $97.4B 68
MFG Mizuho Financial Group, Inc. $10.14 -4.79% $124B 54
BNS The Bank of Nova Scotia (BNS) $86.35 -1.53% $105B 67
ICE Intercontinental Exchange, Inc. $158.61 +0.87% $89.0B 73
MRSH Marsh & McLennan Companies, Inc. (MRSH) is a global professional services firm providing advice and solutions in risk, strategy, and people. With a market capitalization of $92.20 billion, the company $190.21 +0.53% $90.8B 90
AON Aon plc $348.43 +1.52% $73.9B 52
AJG Arthur J. Gallagher & Co. $257.45 +3.66% $66.1B 66

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are MMC's Key Strengths?

Global presence and extensive network.

  • Diversified service offerings.
  • Strong brand reputation.
  • Experienced management team.

What Are MMC's Weaknesses?

Exposure to economic cycles.

  • Dependence on key personnel.
  • Potential for regulatory changes to impact business.
  • Integration risks from acquisitions.

What Could Drive MMC Stock Higher?

Increasing demand for risk management services due to global economic uncertainties.

  • Expansion of digital consulting services to drive revenue growth.
  • Strategic acquisitions in high-growth markets to enhance global footprint.
  • Development of sustainable and ESG consulting services to meet investor demand.
  • Leveraging data analytics and AI to provide more insightful advice.

What Are the Key Risks for MMC?

Economic downturns affecting client spending on consulting and insurance services.

  • Increased competition in the consulting and insurance brokerage industries.
  • Regulatory changes impacting the insurance and financial services sectors.
  • Cybersecurity threats and data breaches.
  • Integration risks from acquisitions and partnerships.

What Are the Growth Opportunities for MMC?

  • Expansion of Digital Consulting Services: Marsh & McLennan can capitalize on the growing demand for digital transformation and technology consulting. By expanding its digital consulting services, MMC can help clients navigate the complexities of digital disruption and implement innovative solutions.
  • Strategic Acquisitions in High-Growth Markets: Pursuing strategic acquisitions in emerging markets can provide MMC with access to new clients and revenue streams. Focusing on regions with high economic growth and increasing demand for risk management and consulting services can enhance MMC's global footprint and market share. These acquisitions should align with MMC's core competencies and strategic objectives, ensuring seamless integration and value creation.
  • Enhancement of Cyber Risk Solutions: With the increasing frequency and sophistication of cyber threats, MMC can further develop its cyber risk solutions to meet the growing demand for cybersecurity services. By offering comprehensive cyber risk assessments, incident response planning, and insurance solutions, MMC can help clients mitigate their cyber risks and protect their assets.
  • Development of Sustainable and ESG Consulting Services: As environmental, social, and governance (ESG) factors become increasingly important to investors and stakeholders, MMC can expand its sustainable and ESG consulting services. By helping clients develop and implement sustainable business practices, MMC can enhance its reputation and attract environmentally conscious clients. The market for ESG consulting services is rapidly growing, driven by increasing regulatory scrutiny and investor demand for sustainable investments.
  • Leveraging Data Analytics and AI: Investing in data analytics and artificial intelligence (AI) can enable MMC to provide more insightful and data-driven advice to its clients. By leveraging advanced analytics and AI technologies, MMC can identify emerging risks, optimize business processes, and improve decision-making. The application of AI in the financial services sector is expected to grow significantly, presenting a valuable opportunity for MMC to enhance its service offerings and competitive advantage.

What Are MMC's Competitive Advantages?

  • Strong brand reputation and global presence.
  • Extensive network of clients and partners.
  • Diversified service offerings across risk, strategy, and people.
  • Deep industry expertise and specialized knowledge.
  • Proprietary data and analytics capabilities.

What Does MMC Do?

Founded in 1871 and headquartered in New York City, Marsh & McLennan Companies, Inc. has evolved into a leading global professional services firm. The company provides advice and solutions to clients in the areas of risk, strategy, and people. It operates through two primary segments: Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers a comprehensive suite of risk management services, including risk advice, risk transfer, risk control, and mitigation solutions. This segment also provides insurance and reinsurance broking, catastrophe and financial modeling, and insurance program management services, serving businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment delivers health, wealth, and career consulting services and products, alongside specialized management, economic, and brand consulting services. Marsh & McLennan’s global presence and diverse service offerings enable it to address complex challenges for clients across various industries, solidifying its position as a trusted advisor and solutions provider.

What Products and Services Does MMC Offer?

  • Provides risk management services, including risk advice, risk transfer, and risk control.
  • Offers insurance and reinsurance broking services.
  • Delivers catastrophe and financial modeling services.
  • Provides health, wealth, and career consulting services.
  • Offers specialized management and economic consulting services.
  • Provides brand consulting services.
  • Offers insurance program management services.

How Does MMC Make Money?

  • Generates revenue through fees and commissions from risk and insurance services.
  • Earns revenue from consulting services, including health, wealth, and career consulting.
  • Provides specialized management, economic, and brand consulting services on a fee basis.
  • Derives income from insurance program management services.

What Industry Does MMC Operate In?

Marsh & McLennan Companies, Inc. operates within the insurance brokerage and consulting industry, which is characterized by increasing demand for risk management and strategic advisory services. The industry is influenced by global economic trends, regulatory changes, and technological advancements. MMC competes with other large consulting firms and insurance brokers, leveraging its global network and diverse service offerings to maintain a competitive edge. The market is expected to grow, driven by the increasing complexity of business operations and the need for specialized expertise in risk management, human capital, and strategic planning.

Who Are MMC's Key Customers?

  • Businesses across various industries.
  • Public entities and government organizations.
  • Insurance companies and financial institutions.
  • Associations and professional services organizations.
  • Private clients and high-net-worth individuals.
AI Confidence: 83% Updated: May 10, 2026
FY2026 est

Forward Outlook

Wall Street analysts project Marsh & McLennan Companies, Inc. revenue of about $28.29B for fiscal 2026, with EPS near $10.31. The estimate reflects 13 contributing analysts.

ROE 26%

Key Financial Metrics

Return on equity for Marsh & McLennan Companies, Inc. stands at 25.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 6.7%, showing how much profit it generates from its asset base. MMC trades at a trailing price-to-earnings ratio of 21.31, above the Financial Services sector average of ~18x. Its free cash flow yield is 5.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 11.46 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 4.7%, the inverse of the P/E and a quick read on earnings relative to price.

F-Score 7/9

Financial Health

Marsh & McLennan Companies, Inc.'s Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 2.09 places it in the grey zone, a middle ground that warrants monitoring.

MMC Valuation & Market Position

With a $89.8B market cap, Marsh & McLennan Companies, Inc. sits in the large-cap segment of the market.

MMC Financials

Fundamental Snapshot

Revenue Growth (FY)
+10.3%
Net Income Growth (FY)
+2.5%
EPS Growth (FY)
+2.8%
Free Cash Flow Growth (FY)
+25.5%
P/E (TTM)
21.3
Return on Equity (TTM)
+25.9%
Current Ratio
11.5
EV/EBITDA (TTM)
15.6

Based on FMP financials and quantitative analysis · FY 2025

Bull Case vs Bear Case

Bull Case

  • MMC's consistent dividend payouts signal financial stability, attracting long-term investors.
  • Recent insider buying suggests confidence in the company's future performance.
  • Positive community sentiment indicates strong belief in MMC's business model and growth potential.
  • MMC's role as a risk advisor is increasingly vital in a volatile global market, boosting demand.

Bear Case

  • Increased regulatory scrutiny could impact MMC's operational costs and profitability.
  • Negative community sentiment regarding potential acquisitions raises concerns about integration challenges.
  • Rising interest rates may dampen demand for MMC's services in certain sectors.
  • Competition from emerging consulting firms could erode MMC's market share and pricing power.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

MMC Latest News

Leadership: John Quinlan Doyle

CEO

John Quinlan Doyle serves as the CEO of Marsh & McLennan Companies, Inc., leading a global workforce of 90,000 employees. Doyle has a long and distinguished career in the insurance and financial services industries. His expertise spans across various aspects of risk management, insurance brokerage, and consulting. He has held several leadership positions within Marsh & McLennan, demonstrating his deep understanding of the company's operations and strategic direction. Doyle's background includes extensive experience in client relationship management, business development, and operational excellence.

Track Record: Under John Quinlan Doyle's leadership, Marsh & McLennan has focused on enhancing its client service capabilities, expanding its global footprint, and investing in technology and innovation. He has overseen strategic acquisitions and partnerships that have strengthened the company's market position and diversified its service offerings. Doyle has also emphasized the importance of talent development and employee engagement, fostering a culture of collaboration and innovation within the organization. His tenure has been marked by consistent financial performance and growth, despite challenging economic conditions.

Marsh & McLennan Companies, Inc. Financial Services Stock: Key Questions Answered

What happened to Marsh & McLennan Companies, Inc. (MMC) stock?

Marsh & McLennan Companies, Inc. (MMC) no longer trades on public markets. It was delisted in January 2026. The figures below are historical and are not a current quote.

Can I still buy MMC shares?

No. MMC stopped trading on public markets in January 2026, so the shares are not available through a broker. Anything you see quoted for MMC elsewhere is historical data, not a live market.

Are the figures on this page current?

No. Every number here is the last value recorded before MMC stopped trading. Nothing on this page updates, and none of it is a current quote.

Why does this page still exist?

Because people still search for what happened to Marsh & McLennan Companies, Inc.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.

What does Marsh & McLennan Companies, Inc. do?

Marsh & McLennan Companies, Inc. is a global professional services firm that provides advice and solutions to clients in the areas of risk, strategy, and people. The company operates through two segments: Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management, insurance and reinsurance broking, and related advisory services.

What do analysts say about MMC stock?

Analyst consensus on MMC stock reflects a generally positive outlook, driven by the company's strong market position, diversified revenue streams, and consistent profitability. Key valuation metrics, such as the P/E ratio of 21.3, suggest that the stock is reasonably valued compared to its earnings.

What are the main risks for MMC?

The main risks for Marsh & McLennan Companies, Inc. include economic downturns that could reduce client spending on consulting and insurance services. Increased competition in the consulting and insurance brokerage industries could also put pressure on margins. Regulatory changes in the insurance and financial services sectors could impact the company's business model.

How does Marsh & McLennan Companies, Inc. make money in financial services?

Marsh & McLennan Companies, Inc. generates revenue primarily through fees and commissions from its Risk and Insurance Services segment, which includes risk management, insurance and reinsurance broking, and related advisory services. The company also earns revenue from its Consulting segment, which provides health, wealth, and career consulting, as well as specialized management and economic consulting services.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Information is based on available data as of 2026-05-10.
  • Financial metrics are based on the most recent available data.
Data Sources

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