AMP vs MFC vs MRSH Stock Comparison

Ameriprise Financial, Manulife Financial and Marsh & Mclennan Companies Prices as of Oct 27, 2026 Peers: Industry group
AMP Ameriprise Financial Inc
$492.95 0.0% 1M +1.7% 1Y
Market cap
$43.54B
P/E
11.5x
Revenue (TTM)
$19.84B
Div. yield
1.34%
Financial Advisory Financial Services
6 wins
MFC Manulife Financial Corp
$44.98 +2.5% 1M +36.8% 1Y
Market cap
$76.60B
P/E
16.1x
Revenue (TTM)
$47.47B
Div. yield
4.18%
Life Insurance Financial Services
5 wins

Head to Head

12 decided of 12

Ameriprise Financial leads on 6 of the 12 questions below (Ameriprise Financial 6, Manulife Financial 5, Marsh & Mclennan Companies 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMPMFCMRSHLeader
Larger companyMarket capitalisation $43.54B $76.60B $90.57B MRSH
Cheaper on earningsLower P/E, profitable companies only 11.5x 16.1x 22.5x AMP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.2x 13.6x 18.7x AMP
Faster revenue growthRevenue growth, trailing twelve months +9.1% +19.7% +7.6% MFC
More profitableNet margin, trailing twelve months 19.9% 10.0% 14.2% AMP
Better return on capitalReturn on invested capital 25.8% — 13.1% AMP
Less leveragedLower net debt / EBITDA -0.9x — 2.7x AMP
Higher dividend yieldTrailing dividend yield 1.34% 4.18% 1.98% MFC
Better 1-year returnPrice return, last 12 months +1.7% +36.8% +1.6% MFC
Better 5-year returnAnnualised price return, 5 years +10.2%/yr +17.6%/yr +2.6%/yr MFC
Less volatileAnnualised volatility, 1 year 26.2% 20.2% 26.0% MFC
Higher overall scoreMean of the five percentile scores vs peers 75/100 50/100 36/100 AMP

Percentile Scorecard

AMPMFCMRSH

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAMPMFCMRSH
Valuation 87 #25 of 181 61 #47 of 119 10 #107 of 119
Growth 73 #31 of 111 81 #23 of 114 17 #95 of 114
Profitability 83 #23 of 129 58 #47 of 110 73 #30 of 110
Financial Health 65 #58 of 164 13 #96 of 110 20 #88 of 110
Shareholder Returns 69 #24 of 75 38 #66 of 106 59 #44 of 106
Overall 75 50 36
  • AMP ranked among 209 companies in Asset and Wealth Management
  • MFC ranked among 126 companies in Insurance
  • MRSH ranked among 126 companies in Insurance

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAMPMFCMRSHSPY
1 month 0.0%+2.5%+11.4% -0.2%
3 months -9.8%+0.8%-0.8% +3.9%
6 months +3.7%+16.6%+11.6% +8.2%
Year to date +0.5%+24.0%+2.8% +12.9%
1 year +1.7%+36.8%+1.6% +12.3%
3 years +58.7%+162.4%+3.1% +87.4%
3 years, per year +16.7%+38.0%+1.0% +23.3%
5 years +62.4%+124.9%+13.9% +67.9%
5 years, per year +10.2%+17.6%+2.6% +10.9%
10 years +442.4%+206.6%+201.8% +261.1%
10 years, per year +18.4%+11.9%+11.7% +13.7%

Risk

MeasureAMPMFCMRSHSPY
Volatility, 1Y 26.2%20.2%26.0% 12.7%
Downside volatility, 1Y 28.7%21.3%24.9% 12.7%
Beta vs S&P 500, 1Y 0.740.73-0.39 1.00
Return / volatility, 1Y 0.071.820.06 0.97
Max drawdown, 5Y -32.1%-29.9%-35.6% -25.4%
From 52-week high -13.6%-1.4%-4.3% -1.2%
52-week high $570.61$45.60$199.34 $779.14
52-week low $430.40$32.15$157.32 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAMPMFCMRSH
P/E now vs peer median 11.5xmedian 34.2x 16.1xmedian 10.5x 22.5xmedian 10.5x
P/S now vs peer median 2.2xmedian 4.9x 1.6xmedian 1.4x 3.2xmedian 1.4x
EV/EBITDA now vs peer median 9.8xmedian 11.7x —median 7.6x 15.6xmedian 7.6x
P/FCF now vs peer median 5.4xmedian 13.2x 3.3xmedian 8.5x 21.8xmedian 8.5x
P/B now vs peer median 6.8xmedian 1.8x 2.0xmedian 1.5x 6.1xmedian 1.5x
PEG now vs peer median 0.76median 0.91 0.72median 0.53 3.35median 0.53

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAMPMFCMRSH
Revenue $19.84B $47.47B $28.46B
Gross profit $18.56B – –
Operating income $4.11B – $6.09B
Net income $3.95B $4.76B $4.12B
Free cash flow $8.06B $23.26B $4.15B
EPS (diluted) $42.50 $2.78 $8.44
Cash & equivalents $10.25B – $1.84B
Total debt $6.53B $185.03B $20.53B
Shares (diluted) 92.90M 1.71B 479.00M
Enterprise value $4.96B -$17.11B $82.96B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAMPMFCMRSH
P/E 11.5x 16.1x 22.5x
P/FCF 5.4x 3.3x 21.8x
P/Operating cash flow 5.3x 3.3x 20.2x
P/S 2.2x 1.6x 3.2x
P/B 6.8x 2.0x 6.1x
P/Tangible book 6.8x 2.0x 8.7x
EV/EBITDA 9.8x – 15.6x
EV/EBIT 9.7x 14.5x 17.9x
EV/Revenue 2.0x 2.2x 3.8x
EV/FCF 4.9x 4.4x 26.3x
EV/Operating cash flow 4.8x 4.4x 24.4x
PEG (3Y EPS CAGR) 0.76 0.72 3.35

Growth

14 metrics
MetricAMPMFCMRSH
Revenue growth (1Y) 9.1% 19.7% 7.6%
Revenue CAGR (3Y) 9.8% 13.5% 8.6%
Gross profit growth (1Y) 10.0% – –
Gross profit CAGR (3Y) 9.5% – –
Operating income growth (1Y) 25.5% – -1.0%
Operating income CAGR (3Y) 3.0% – 7.8%
Net income growth (1Y) 22.4% -19.1% -1.9%
Net income CAGR (3Y) 9.4% 68.2% 5.5%
EPS growth (1Y) 30.2% 14.8% 1.0%
EPS CAGR (3Y) 15.2% 22.3% 6.7%
Operating cash flow growth (1Y) 19.4% 139.4% -12.1%
Operating cash flow CAGR (3Y) 25.0% 40.5% 4.0%
Free cash flow growth (1Y) 20.4% 139.4% -13.9%
Free cash flow CAGR (3Y) 26.1% 40.5% 5.1%

Profitability

14 metrics
MetricAMPMFCMRSH
Gross margin 93.6% – –
EBITDA margin 20.5% – 24.6%
Operating margin 20.7% – 21.4%
Pretax margin 25.5% 12.8% 18.9%
Net margin 19.9% 10.0% 14.2%
FCF margin 40.6% 49.0% 14.6%
Operating cash flow margin 41.4% 49.0% 15.7%
Return on equity 62.8% 9.2% 27.2%
Return on assets 2.1% 0.5% 6.9%
Return on invested capital 25.8% – 13.1%
Return on capital employed – – 16.2%
Asset turnover 0.1x 0.1x 0.5x
Cash conversion (OCF / net income) 2.1x 4.9x 1.1x
Stock comp / revenue 1.0% – 1.5%

Financial Health

11 metrics
MetricAMPMFCMRSH
Debt / assets 3.3% 6.0% 34.3%
Debt / equity 1.0x 1.2x 1.4x
Net debt / EBITDA -0.9x – 2.7x
Debt / FCF 0.8x 2.0x 4.9x
Liabilities / assets 96.8% 95.0% 75.1%
Equity / assets 3.2% 5.0% 24.9%
Interest coverage 7.3x 6.7x 6.3x
Current ratio – – 1.1x
Quick ratio – – 0.5x
Cash ratio – – 0.1x
Altman Z-score – – 2.74

Shareholder Returns

7 metrics
MetricAMPMFCMRSH
Dividend yield 1.3% 4.2% 2.0%
Net buyback yield 7.5% 2.1% 3.2%
Shareholder yield 8.8% 6.3% 5.2%
Payout ratio (earnings) – 46.9% 43.6%
Payout ratio (FCF) – 9.6% 43.3%
Dividend growth (1Y) – -181.7% 8.4%
Dividend CAGR (3Y) – – 13.1%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAMPMFCMRSH
Forward P/E 10.2xFY2026 13.6xFY2026 18.7xFY2026
EPS, next fiscal year $48.16FY2026 $3.31FY2026 $10.21FY2026
EPS growth, next FY +22.6%FY2026 +7.8%FY2026 +4.7%FY2026
EPS growth, the year after -0.5% +3.6% +15.4%
Revenue, next fiscal year $21.21BFY2026 $32.55BFY2026 $30.28BFY2026
Revenue growth, next FY +16.0%FY2026 +12.3%FY2026 +12.2%FY2026
Revenue growth, the year after +5.5% +5.6% +6.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMPMFCMRSH
Held by institutions 85.0% 44.4% 93.9%
Institutions holding 1,374 810 1,497
Change in shares held, QoQ -0.3% 0.0% +2.8%
Institutions buying 573 383 625
Institutions selling 525 227 652
Buyers to sellers 1.09 1.69 0.96

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AMPMFCMRSH
AMP 1.00 0.41 0.29
MFC 0.41 1.00 0.10
MRSH 0.29 0.10 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMP, MFC and MRSH?

Marsh & Mclennan Companies (MRSH) is the largest by market capitalisation: Ameriprise Financial (AMP) $43.54B, Manulife Financial (MFC) $76.60B, Marsh & Mclennan Companies (MRSH) $90.57B.

Which stock is cheaper, AMP, MFC and MRSH?

Ameriprise Financial (AMP) trades on the lowest price-to-earnings ratio (Ameriprise Financial (AMP) 11.5x, Manulife Financial (MFC) 16.1x, Marsh & Mclennan Companies (MRSH) 22.5x). On next year's consensus earnings, Ameriprise Financial (AMP) is cheapest (Ameriprise Financial (AMP) 10.2x, Manulife Financial (MFC) 13.6x, Marsh & Mclennan Companies (MRSH) 18.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Manulife Financial (MFC) grew revenue fastest over the trailing twelve months: Ameriprise Financial (AMP) +9.1%, Manulife Financial (MFC) +19.7%, Marsh & Mclennan Companies (MRSH) +7.6%.

Which company is more profitable?

Ameriprise Financial (AMP) has the highest net margin (Ameriprise Financial (AMP) 19.9%, Manulife Financial (MFC) 10.0%, Marsh & Mclennan Companies (MRSH) 14.2%). On return on invested capital, Ameriprise Financial (AMP) leads (Ameriprise Financial (AMP) 25.8%, Marsh & Mclennan Companies (MRSH) 13.1%).

Which stock has performed better?

Over the past year Manulife Financial (MFC) returned the most: Ameriprise Financial (AMP) +1.7%, Manulife Financial (MFC) +36.8%, Marsh & Mclennan Companies (MRSH) +1.6%. Over five years, Manulife Financial (MFC) compounded fastest (Ameriprise Financial (AMP) +10.2%/yr, Manulife Financial (MFC) +17.6%/yr, Marsh & Mclennan Companies (MRSH) +2.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Manulife Financial (MFC) has the highest dividend yield: Ameriprise Financial (AMP) 1.34%, Manulife Financial (MFC) 4.18%, Marsh & Mclennan Companies (MRSH) 1.98%.

Which stock is riskier?

By one-year price volatility, Manulife Financial (MFC) has been the steadiest (Ameriprise Financial (AMP) 26.2%, Manulife Financial (MFC) 20.2%, Marsh & Mclennan Companies (MRSH) 26.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMP, MFC and MRSH?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Ameriprise Financial (AMP) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.