Marsh MRSH

171.12 1.19 0.70% as of 25 Sep
Market cap
$81.1B
P/E
20.8×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Marsh (MRSH) EV/EBITDA

As of 25 September 2026, Marsh (MRSH) trades at a EV/EBITDA of 12.5×. Over the past ten years it has ranged from 10.6× (January 2016) to 21.1× (February 2020); the current reading is higher than 13% of that period. That is in line with the Insurance Brokers industry median of 12.4× and above the Financial sector median of 9.5×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 13.4× (20.52%)
FY2024 16.8× 9.91%
FY2023 15.3× (6.76%)
FY2022 16.4× (14.77%)
FY2021 19.2× 7.83%
FY2020 17.8× (10.11%)
FY2019 19.8× 44.18%
FY2018 13.8× (4.65%)
FY2017 14.4× 7.02%
FY2016 13.5× 18.04%

Quarterly

Period EV/EBITDA Change
Jun 2026 12.2× (5.94%)
Mar 2026 13.0× (2.62%)
Dec 2025 13.4× (8.66%)
Sep 2025 14.6× (10.42%)
42 more quarters

Against its own ten years

Low 10.6× High 21.1×
Ten-year median 16.2×
Current reading's percentile 13

EV/EBITDA against peers

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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