Marsh & Mclennan Companies (MRSH) EV to CFO (2009 - 2026)
Marsh & Mclennan Companies' (MRSH) quarterly EV to CFO came in at 44.46 in Q2 2026, down 22.54% on a YoY basis from 57.4 in Q2 2025, and up 142.43% quarter-over-quarter from 104.79 in Q1 2026.
Analysis
Marsh & Mclennan Companies (MRSH) EV to CFO (2009 - 2026) Analysis & Trends
Marsh & Mclennan Companies (MRSH) has reported EV to CFO for 18 consecutive years, with 44.46 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to CFO fell 22.54% year-over-year to 44.46; the trailing twelve-month figure through Jun 2026 stood at 13.34 (down 31.63% YoY), and the FY2025 full-year result was 14.88, down 31.35% from the prior year.
- EV to CFO climbed to 44.46 in Q2 2026 per MRSH's latest filing, from 104.79 in the prior quarter.
- Across five years, EV to CFO topped out at 76.03 in Q2 2024 and bottomed at 175.13 in Q1 2025.
- Historically, EV to CFO has averaged 2.55 across 5 years, with a median of 45.86 in 2023.
- The sharpest annual moves came in 2025 and 2026: EV to CFO slumped 51.49% in 2025, then jumped 40.16% in 2026.
- Over 5 years, EV to CFO stood at 47.59 in 2022, then decreased by 2.65% to 46.33 in 2023, then gained by 2.86% to 47.65 in 2024, then fell by 23.56% to 36.43 in 2025, then grew by 22.06% to 44.46 in 2026.
- According to Business Quant data, EV to CFO over the past three periods registered 44.46, 104.79, and 36.43 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 86.80 Bn | 74.60 Bn | 6.04 Bn |
| 2 | Aon | 67.56 Bn | 66.29 Bn | - |
| 3 | Arthur J. Gallagher | 64.64 Bn | 63.25 Bn | - |
| 4 | Willis Towers Watson | 30.60 Bn | 28.94 Bn | 2.09 Bn |
| 5 | Brown & Brown | 22.70 Bn | 21.78 Bn | 1.41 Bn |
| 6 | XChange TEC.INC | 15.90 Bn | 15.90 Bn | - |
| 7 | Erie Indemnity | 11.30 Bn | 10.96 Bn | - |
| 8 | Ryan Specialty Holdings | 5.11 Bn | 4.97 Bn | - |
| 9 | Neptune Insurance Holdings | 4.43 Bn | 4.41 Bn | - |
| 10 | Baldwin Insurance | 2.75 Bn | 2.57 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.46 |
| Mar 31, 2026 | -104.79 |
| Dec 31, 2025 | 36.43 |
| Sep 30, 2025 | 41.76 |
| Jun 30, 2025 | 57.40 |
| Mar 31, 2025 | -175.13 |
| Dec 31, 2024 | 47.65 |
| Sep 30, 2024 | 51.15 |
| Jun 30, 2024 | 76.03 |
| Mar 31, 2024 | -115.61 |
| Dec 31, 2023 | 46.33 |
| Sep 30, 2023 | 45.40 |
| Jun 30, 2023 | 54.94 |
| Mar 31, 2023 | -99.73 |
| Dec 31, 2022 | 47.59 |
| Sep 30, 2022 | 53.23 |
| Jun 30, 2022 | 59.89 |
| Mar 31, 2022 | -121.08 |
| Dec 31, 2021 | 59.69 |
| Sep 30, 2021 | 56.82 |