Marsh & McLennan Companies, Inc. (MRSH)
合理估值基本面
68
价格
$171.34
市值
$80.66B
第一部分 · 这家公司值多少
概览
Marsh & McLennan Companies, Inc., a professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people worldwide. The company operates through Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment offers risk management services, such as risk management, insurance broking, insurance program management, risk consulting, analytical modeling, and alternative risk financing services. This segment also offers insurance and reinsurance broking, strategic advisory and actuarial services, and analytics solutions. It serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, wealth and career advice, solutions and products; and specialized management, strategic, economic, and brand consulting services. Marsh & McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated on 2026年9月19日 with claude-haiku-4-5 — shared with all users
Gallagher competes head-on for mid-market and large commercial insurance placements in the United States and, through Gallagher Re, for the reinsurance treaties Guy Carpenter places.
Brown & Brown fights Marsh McLennan Agency for the same American mid-market and small-business clients, buying up regional agencies in the same towns to win their commission income.
Aon is the closest match to Marsh McLennan across every line the group operates — commercial insurance broking for large corporations, reinsurance broking through Aon Reinsurance Solutions against Guy Carpenter, and health and retirement consulting against Mercer.
WTW bids for the same multinational corporate accounts in property and casualty broking and, with its benefits and actuarial practice, for the same pension and health advisory mandates that Mercer pursues.
Lockton is the largest privately held broker in the world and takes corporate risk and employee-benefit accounts directly from Marsh, pitching its independence to clients that dislike listed brokers.
Howden has grown into a global broker across Europe, Asia and Latin America and, with Howden Re, bids against Guy Carpenter for reinsurance and specialty placements.
资产负债表与流动性
营收
$27.95B
最近12个月(截至2026/6/30)
净利润
$3.98B
最近12个月(截至2026/6/30)
自由现金流
$5.00B
股东权益合计
$15.31B
负债合计
$43.40B
流动比率
1.14
利息覆盖率
6.28
债务/EBITDA
3.55
每股收益
营收与净利润
自由现金流
收入构成
历史财务表
利润率变化
债务变化
债务负担有多重
增长一览表
增长 — 营业收入
公允价值估算
公允价值
$166.34
当前价格
$171.34
安全边际
-3.0%
公允价值区间
$128.29 - $204.40
所用估值方法之间的离散区间,并非经过统计校准的置信区间。
估算方法
估值指标
市盈率(P/E)
20.87
ROE
27.2%
市净率(P/B)
5.28
P/FCF
17.09
毛利率
-
ROIC
12.5%
盈利能力雷达图
价值创造(经济护城河)
ROIC
12.5%
WACC
6.9%
ROIC − WACC
+5.5 pp
ROIC 超过资本成本:公司正在为股东创造价值。
基本面分析标准
通过(18)
- EPS shows upward trend
- Price CAGR 10.10%
- ROIC 12.5%
- P/FCF 17.09
- Debt/Equity ratio
- Operating Margin 21.6%
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- ROE 26.5%
- Revenue Growth 5Y 9.4%
- PEG Ratio 1.24
- Earnings Quality (OCF/NI) 1.28
- Share Dilution -0.6%
- Piotroski F-Score 6/9
未通过(8)
- EPS CAGR 3.61%
- P/B Ratio 5.28
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Overvalued)
- Analyst Consensus 39% Buy
- Earnings Surprise avg 1.8%
- Net Margin Trend 14.2% vs 16.0%
不可用(2)
- Gross Margin NaN%
- Dividend Payout NaN%
Piotroski F-评分
信号混杂:部分领域需关注
盈利质量
高质量:盈利有现金流支撑
股权稀释
正在回购股份,对股东友好
机构持股
该公司暂无机构申报数据。
公司治理
管理团队
| 姓名 | 职位 | 年龄 |
|---|---|---|
| Mr. John Quinlan Doyle | President, CEO & Director | 61 |
| Mr. Mark Christopher McGivney | Executive VP, CFO & COO | 57 |
| Mr. Martin C. South | Senior VP & Chief Client Officer | 60 |
| Mr. Dean M. Klisura | Vice Chair, President & CEO of Marsh Re | 61 |
| Mr. Patrick Tomlinson | Vice Chair, President & CEO of Marsh People and Investments | 54 |
| Ms. Stacy M. Mills | VP, Controller & Chief Accounting Officer | 60 |
| Mr. Paul Beswick | Senior VP and Global Chief Information & Operations Officer | 50 |
| Mr. Jay H. Gelb C.F.A. | Head of Investor Relations of Marsh | - |
| Ms. Katherine J. Brennan | Senior VP & General Counsel | 46 |
| Mr. John Jones | Senior VP and Chief Marketing & Communications Officer | 53 |
审计风险
2
董事会风险
3
薪酬风险
8
股东权利风险
5
第二部分 · 价格与买入时机
这一部分不判断公司是否值得拥有:它帮助你在基本面说服你之后,选择何时买入。包含:技术分析、潜力、历史回撤、Gamma 敞口。
损益历史
via SEC EDGAR
Latest News
Recent headlines for MRSH, sourced from Markets Gazette.