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Saturday 17 October 2026 Export MRSH’s income statement to Excel — free account

Marsh

MRSH Financial Insurance Brokers

Marsh’s revenue for fiscal 2025 (year ended December 2025) was $27.0 billion, up 10.3% from fiscal 2024. In the quarter to September 2026, revenue grew 8.06%, EPS grew 12.2%, free cash flow fell 9.99% and total debt rose 3.12%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three.

188.35 1.81 +0.97%
Market cap
$89.0B
P/E
22.4×
Fwd P/E
19.2×
Dividend yield
2.01%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Marsh (MRSH) P/S ratio

Alert me on P/S ratio

As of 16 October 2026, Marsh (MRSH) trades at a P/S ratio of 3.2×. Over the past ten years it has ranged from 2.1× (January 2016) to 4.9× (March 2025); the current reading is higher than 43% of that period. That is above the Insurance Brokers industry median of 2.7× and above the Financial sector median of 2.2×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 3.4× (20.99%)
FY2024 4.3× 3.41%
FY2023 4.1× 3.37%
FY2022 4.0× (10.10%)
FY2021 4.4× 29.36%
FY2020 3.4× 1.53%
FY2019 3.4× 25.42%
FY2018 2.7× (8.22%)
FY2017 2.9× 10.30%
FY2016 2.7× 16.75%

Quarterly newest first

Period P/S ratio Change
Sep 2026 2.9× (0.24%)
Jun 2026 2.9× (6.17%)
Mar 2026 3.1× (9.64%)
Dec 2025 3.4× (9.74%)
43 more quarters

Against its own ten years

Low 2.1× High 4.9×
Ten-year median 3.3×
Current reading's percentile 38

P/S ratio against peers

Company P/S ratio
BWIN Baldwin Insurance Group, Inc. compare 1.7×
ERIE Erie Indemnity Company compare 2.7×
WTW Willis Towers Watson Public Limited Company compare 2.9×
MRSH Marsh 3.2×
BRO Brown & Brown, Inc. compare 3.4×
AON Aon plc compare 3.5×
ARX Accelerant Holdings compare 3.8×
CRVL CorVel Corp. compare 4.1×
AJG Arthur J. Gallagher & Co. compare 4.1×
Insurance Brokers industry median 2.7×
Financial sector median 2.2×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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