Marsh & McLennan Companies forward PE MRSH

Share price divided by analysts' consensus earnings for the next twelve months, since 2008.

Today, Oct 23, 2026: 17.6×
10-year median: 21.9×
Against its 10-year history: 7th; percentile: 0 is its lowest day, 100 its highest
10-year range: 15.0× to 26.7×
Peer median: 15.8×

Marsh & McLennan Companies' forward PE is 17.6× as of Oct 23, 2026.

That is below its ten-year median of 21.9×, lower than on 93% of days in the last ten years.

Over that time it ranged from 15.0× in May 2026 to 26.7× in Dec 2021.

The median for 6 insurance brokers of a similar size is 15.8×.

Forward PE over time

median 21.9×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	17.6×	15.0×	18.5×
2025	18.6×	17.7×	25.7×
2024	23.1×	22.5×	25.3×
2023	22.4×	20.5×	23.9×
2022	22.4×	20.8×	26.2×
2021	26.7×	20.1×	26.7×
2020	22.2×	17.4×	25.9×
2019	24.2×	18.5×	24.3×
2018	18.3×	18.0×	20.9×
2017	19.8×	18.2×	20.7×
2016	18.8×	16.5×	20.0×
2015	17.5×	16.8×	19.9×
2014	20.0×	17.2×	20.1×
2013	18.2×	14.9×	18.2×
2012	14.6×	14.4×	16.1×
2011	15.7×	14.1×	17.9×
2010	16.5×	12.6×	16.5×
2009	13.8×	12.8×	18.8×
2008	17.5×	16.9×	24.2×

Against its peers

Companies in Insurance - Brokers nearest Marsh & McLennan Companies' size, closest first, today.

Company	Forward PE
MRSHMarsh & McLennan Companies	17.6×
AJGArthur J. Gallagher	19.2×
AONAon	15.8×
WTWWillis Towers Watson Public	15.5×
BROBrown & Brown	15.7×
ERIEErie Indemnity	n/m
RYANRyan Specialty	n/m
Peer median	15.8×

Where Marsh & McLennan Companies ranks

#47of 69Financial stocks with the lowest forward PE

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Marsh & McLennan Companies

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.