MarshFRA:MSN +4.18%78 EBITDA Margin % is 26.96% as of Mar. 2026, which is 9% above its 10-year median of 24.70. GuruFocus rates FRA:MSN with a GF Score™ of 78/100 and a GF Value™ of €217.53 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 369 Insurance companies, Marsh ranks better than 76.69% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Marsh's EBITDA for the
three
months ended in Mar. 2026 was €1,772 Mil. Marsh's Revenue for the
three
months ended in Mar. 2026 was €6,571 Mil. Therefore, Marsh's EBITDA margin for the quarter that ended in Mar. 2026 was 26.96%.
Marsh (FRA:MSN) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Marsh EBITDA Margin % Related Terms
Marsh EBITDA Margin % Historical Data
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The historical data trend for Marsh's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:MSN vs AON, AJG, WTW: EBITDA Margin % Comparison
For the Insurance Brokers subindustry, Marsh's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Marsh EBITDA Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Marsh's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Marsh's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Marsh (FRA:MSN) has a EBITDA Margin % of 26.96% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Marsh and its competitors. This is near median its historical median of 24.70. Over the past decade, Marsh's EBITDA Margin % has ranged from 20.25 to 28.32. According to the industry distribution chart, Marsh ranks #86 out of 369 companies in the Insurance industry, placing it in the top 23.3%.
Is Marsh's EBITDA Margin % too high?
Marsh's current EBITDA Margin % of 26.96% is near median its 10-year median of 24.70. Over the past 10 years, this metric has ranged from a low of 20.25 to a high of 28.32. The Insurance industry median EBITDA Margin % is 14.81. Marsh's value of 26.96% is 82% above this industry median. Based on the distribution chart, Marsh ranks #86 out of 369 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Marsh has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marsh's EBITDA Margin % compare to AON and AJG?
According to the Insurance industry distribution chart, Marsh ranks #86 out of 369 companies for EBITDA Margin %. This places Marsh in the top 23% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 14.81. Marsh's value of 26.96% is 82% above this benchmark. Historically, Marsh's own EBITDA Margin % has ranged from 20.25 to 28.32 over the past decade. While the company's 10-year median is 24.70 vs. the industry median of 14.81, Marsh has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Insurance company?
The median EBITDA Margin % among Insurance companies is 14.81, based on 369 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marsh's current EBITDA Margin % of 26.96% is 82% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Marsh and its competitors. For the Insurance industry, the median EBITDA Margin % is 14.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marsh's current EBITDA Margin % is 26.96%, which is near median its own 10-year median of 24.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marsh stock overvalued right now?
Based on GuruFocus' analysis, Marsh (FRA:MSN) is currently considered Significantly Undervalued. The stock's GF Value™ is €217.53, compared to a current price of €143.35 — trading 34.1% below its estimated fair value. The current EBITDA Margin % is 26.96%, which is near median its 10-year median of 24.70 and 82% above the Insurance industry median of 14.81. Marsh's overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Marsh (FRA:MSN), the current EBITDA Margin % is 26.96% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Marsh (FRA:MSN) Overvalued in 2026?
Based on GuruFocus' analysis, Marsh stock appears to be undervalued.
The current stock price of €143.35 is trading 34.1% below its estimated GF Value™ of €217.53.
GuruFocus considers Marsh to be Significantly Undervalued.
Key valuation signals for FRA:MSN:
EBITDA Margin %: 26.96% (near median its 10-year median of 24.70)
GF Value™: €217.53 vs. price of €143.35 (34.1% below fair value)
Industry Position: 82% above the Insurance median (#86 of 369)
No single metric tells the full story. See the FRA:MSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marsh is a professional services firm that provides advice and solutions in the areas of risk, strategy, and human capital. The company operates through two main segments: risk and insurance services and consulting. In risk and insurance services, the firm offers services via Marsh (an insurance broker) and Guy Carpenter (a risk and reinsurance specialist). The consulting division comprises Mercer (a provider of human resource services) and Oliver Wyman (a management and economic consultancy). About half of its revenue is generated outside the US.
78GF Score
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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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