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Marsh & McLennan Companies, Inc. (MMC)

$182.70 $-2.93 (-1.58%) |CouncilHOLD · 50 · B
Bottom line: HOLD — our Council read (50/100) and AI Score (50/100) broadly agree.
MCap: $89.82B| P/E Ratio: 20.8| Vol: 1.18M| Target: $210.40 (+15.2%)|
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 with AI Score 50/100 (Grade B). Marsh & McLennan Companies, Inc. is a global professional services firm providing advice and solutions in risk, strategy, and people. Market cap: $89.82B, Sector: Financial services.

Price live · AI analysis from 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. The AI MoonshotScore is 50/100, indicating a neutral outlook. Key factors: analyst coverage, AI-driven quantitative scoring.

Council Score · Weighted Average of 3 Disciplines
HOLD 50/100 · B

MMC: the 1 perspectives are evenly split.

How is this calculated? →
Council Score · 8 perspectives · See tabs for details →

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

CEOJohn Quinlan Doyle
Employees90000
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 $89.82B, 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 NASDAQ Analysis: May 10, 2026

What Is the Investment Thesis for MMC?

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 $89.82B 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 $89.82B, 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) $174.13 -1.94% $121.96B 49
CME CME Group Inc. $236.60 +2.42% $85.73B 76
MFG Mizuho Financial Group, Inc. $9.94 +1.43% $121.09B 54
BNS The Bank of Nova Scotia (BNS) $85.40 -2.23% $104.71B 67
ICE Intercontinental Exchange, Inc. $132.99 +4.94% $75.21B 55
AJG Arthur J. Gallagher & Co. $252.44 +5.33% $64.86B 58
BRO Brown & Brown, Inc. $70.00 +3.92% $23.73B 58
TWFG TWFG, Inc. $25.80 +2.83% $335.33M 56

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. The global digital transformation market is projected to reach trillions of dollars by 2028, presenting a significant opportunity for MMC to drive revenue growth through specialized digital advisory services.
  • 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. The global cybersecurity market is expected to reach hundreds of billions of dollars in the coming years, presenting a substantial growth opportunity for MMC.
  • 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 Opportunities Does MMC Have?

  • Expansion into emerging markets.
  • Development of new service offerings.
  • Increased demand for risk management solutions.
  • Leveraging technology to enhance services.

What Threats Does MMC Face?

  • Increased competition.
  • Economic downturns.
  • Geopolitical risks.
  • Cybersecurity threats.

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 estForward 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 20.77, 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 5/9Financial Health

Marsh & McLennan Companies, Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.98 places it in the grey zone, a middle ground that warrants monitoring.

MMC Valuation & Market Position

With a $89.82B market cap, Marsh & McLennan Companies, Inc. sits in the large-cap segment of the market. Relative to its peer group, MMC's quantitative score of 50/100 is below the peer average of 60/100.

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

MMC Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for MMC.

Price Targets

Consensus target: $210.40

MMC MoonshotScore

50/100

What does this score mean?

The MoonshotScore rates MMC's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

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 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. The Consulting segment provides health, wealth, and career consulting, as well as specialized management and economic consulting services. MMC serves businesses, public entities, insurance companies, and private clients worldwide.

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 20.8, suggest that the stock is reasonably valued compared to its earnings. Growth considerations include the increasing demand for risk management and consulting services, as well as the company's ability to capitalize on emerging market opportunities. However, analysts also note potential risks, such as economic downturns and increased competition.

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. Cybersecurity threats and data breaches pose a significant risk to the company's operations and reputation. Integration risks from acquisitions and partnerships could also affect financial performance.

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. MMC's revenue model is diversified across various service offerings and client segments, providing a stable and recurring income stream.

What is Marsh & McLennan Companies, Inc.'s credit quality and risk management approach?

As a professional services firm, Marsh & McLennan Companies, Inc. does not have a loan portfolio or traditional credit risk in the same way as a bank. However, MMC's risk management approach focuses on operational and strategic risks. The company maintains a robust risk management framework to identify, assess, and mitigate potential risks across its business operations. This includes managing financial risks, compliance risks, and reputational risks. MMC's strong financial position and diversified revenue streams contribute to its overall creditworthiness.

What are the key factors to evaluate for MMC?

Marsh & McLennan Companies, Inc. (MMC) holds an AI score of 50/100 (moderate). P/E: 20.8x vs the S&P 500's ~20-25x. Analysts target $210.40 (+15%). Not financial advice.

How frequently does MMC data refresh on this page?

MMC prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.

What has driven MMC's recent stock price performance?

Marsh & McLennan Companies, Inc. (MMC) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Global presence and extensive network. See the News tab for the latest drivers. Past performance does not predict future results.

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

Price as of Analysis updated AI Score refreshed daily
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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