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) Price to free cash flow

As of 25 September 2026, Marsh (MRSH) trades at a price to free cash flow of 17.2×. Over the past ten years it has ranged from 15.5× (June 2026) to 36.8× (June 2020); the current reading is higher than 3% of that period. That is below the Insurance Brokers industry median of 18.4× and above the Financial sector median of 10.0×.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 18.2× (30.53%)
FY2024 26.2× 7.22%
FY2023 24.5× (11.58%)
FY2022 27.7× (2.41%)
FY2021 28.3× 45.22%
FY2020 19.5× (32.85%)
FY2019 29.1× 52.45%
FY2018 19.1× (26.10%)
FY2017 25.8× 28.74%
FY2016 20.0× 6.50%

Quarterly

Period Price to free cash flow Change
Jun 2026 16.8× (1.48%)
Mar 2026 17.0× (6.47%)
Dec 2025 18.2× (11.18%)
Sep 2025 20.5× (11.27%)
42 more quarters

Against its own ten years

Low 15.5× High 36.8×
Ten-year median 24.5×
Current reading's percentile 3

Price to free cash flow against peers

Company Price to free cash flow
BRO Brown & Brown, Inc. compare 13.8×
MRSH Marsh 17.2×
AON Aon plc compare 18.2×
ERIE Erie Indemnity Company compare 18.6×
AJG Arthur J. Gallagher & Co. compare 26.0×
CRVL CorVel Corp. compare 33.2×
WTW Willis Towers Watson Public Limited Company compare 35.6×
BWIN Baldwin Insurance Group, Inc. compare 67.6×
ARX Accelerant Holdings compare 2,396×
Insurance Brokers industry median 18.4×
Financial sector median 10.0×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

More on MRSH