Marsh & Mclennan Companies (MRSH) EV to EBITDA (2009 - 2026)
Marsh & Mclennan Companies' EV to EBITDA was 11.35 in Q3 2026, down 17.3% from 13.72 a year earlier but up 0.9% from the prior quarter.
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Analysis
Marsh & Mclennan Companies (MRSH) EV to EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Marsh & Mclennan Companies' EV to EBITDA was 10.50 through Sep 30, 2026, down 18.7% year-over-year; for FY2025, it was 12.27, down 21.1% from FY2024.
- In earlier years, EV to EBITDA was 15.56 in FY2024 (+3.6%), 15.02 in FY2023 (-7.0%), 16.14 in FY2022 (-5.1%) and 17.01 in FY2021 (+12.6%).
- Quarterly EV to EBITDA has moved between 11.26 (Q2 2026) and 17.80 (Q1 2025) over five years.
- Compared with a year earlier, EV to EBITDA has declined for six straight quarters, with an average decline of 13.2% over the last eight quarters.
- The best year-over-year quarter for EV to EBITDA over five years was Q3 2023 (growth of 16.9%); the worst was Q1 2026 (a decline of 32.9%).
- Per Business Quant data, MRSH's EV to EBITDA in the three quarters before Q3 2026 was 11.26 (Q2 2026), 11.95 (Q1 2026) and 12.27 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 140.29 Bn | 85.93 Bn | 8.67 Bn |
| 2 | Progressive | 132.20 Bn | 107.72 Bn | 8.29 Bn |
| 3 | Marsh & Mclennan Companies | 96.60 Bn | 88.76 Bn | - |
| 4 | Travelers Companies | 82.11 Bn | 59.60 Bn | 5.93 Bn |
| 5 | Manulife Financial | 75.43 Bn | 8.45 Bn | - |
| 6 | Arthur J. Gallagher | 71.09 Bn | 65.68 Bn | - |
| 7 | Aon | 70.49 Bn | 49.69 Bn | - |
| 8 | Metlife | 65.52 Bn | -41.26 Bn | 7.82 Bn |
| 9 | Allstate | 64.49 Bn | 24.33 Bn | 7.41 Bn |
| 10 | Aflac | 62.39 Bn | 38.74 Bn | 1.87 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.35 |
| Jun 30, 2026 | 11.26 |
| Mar 31, 2026 | 11.95 |
| Dec 31, 2025 | 12.27 |
| Sep 30, 2025 | 13.72 |
| Jun 30, 2025 | 15.33 |
| Mar 31, 2025 | 17.80 |
| Dec 31, 2024 | 15.56 |
| Sep 30, 2024 | 16.58 |
| Jun 30, 2024 | 15.98 |
| Mar 31, 2024 | 16.14 |
| Dec 31, 2023 | 15.02 |
| Sep 30, 2023 | 16.30 |
| Jun 30, 2023 | 17.11 |
| Mar 31, 2023 | 15.50 |
| Dec 31, 2022 | 16.14 |
| Sep 30, 2022 | 13.94 |
| Jun 30, 2022 | 14.65 |
| Mar 31, 2022 | 16.57 |
| Dec 31, 2021 | 17.01 |
API Access
Marsh & Mclennan Companies EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=MRSH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "MRSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=MRSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();