Marsh & McLennanLIM:MMC 74 EV-to-FCF is 21.87 as of Jul. 01, 2026, which is 26% below its 10-year median of 29.36. GuruFocus rates LIM:MMC with a GF Score™ of 74/100 and a GF Value™ of $255.66. The stock has 4 warning signs investors should review. Among 396 Insurance companies, Marsh & McLennan ranks worse than 79.55% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Marsh & McLennan's Enterprise Value is $107,755 Mil.
Marsh & McLennan's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $4,928 Mil. Therefore, Marsh & McLennan's EV-to-FCF for today is 21.87.
The historical rank and industry rank for Marsh & McLennan's EV-to-FCF or its related term are showing as below:
LIM:MMC'
s EV-to-FCF Range Over the Past 10 Years
Min: 20.05 Med: 29.36 Max: 46.58
Current: 20.57
During the past 13 years, the highest EV-to-FCF of Marsh & McLennan was 46.58. The lowest was 20.05. And the median was 29.36.
LIM:MMC's EV-to-FCF is ranked worse than 79.55% of 396
companies
in the Insurance industry
Industry Median: 9.285
vs LIM:MMC: 20.57
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Marsh & McLennan's PE Ratio (TTM) for today is calculated as:
Marsh & McLennan's share price for today is $169.15.
Marsh & McLennan's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.960.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Marsh & McLennan EV-to-FCF Related Terms
Marsh & McLennan EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Marsh & McLennan's EV-to-FCF 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.
For the Insurance Brokers subindustry, Marsh & McLennan's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 & McLennan EV-to-FCF vs Insurance Industry
For the Insurance industry and Financial Services sector, Marsh & McLennan's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Marsh & McLennan's EV-to-FCF falls into.
Marsh & McLennan's current Enterprise Value is $107,755 Mil.
Marsh & McLennan's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,928 Mil.
* 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 & McLennan (LIM:MMC) has a EV-to-FCF of 21.87 as of Jul. 01, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Marsh & McLennan and its competitors. This is 26% below median its historical median of 29.36. Over the past decade, Marsh & McLennan's EV-to-FCF has ranged from 20.05 to 46.58. According to the industry distribution chart, Marsh & McLennan ranks #315 out of 396 companies in the Insurance industry, placing it in the top 79.5%.
Is Marsh & McLennan's EV-to-FCF too high?
Marsh & McLennan's current EV-to-FCF of 21.87 is 26% below median its 10-year median of 29.36. Over the past 10 years, this metric has ranged from a low of 20.05 to a high of 46.58. The Insurance industry median EV-to-FCF is 9.29. Marsh & McLennan's value of 21.87 is 135.5% above this industry median. Based on the distribution chart, Marsh & McLennan ranks #315 out of 396 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Marsh & McLennan has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Marsh & McLennan's EV-to-FCF compare to AON and AJG?
According to the Insurance industry distribution chart, Marsh & McLennan ranks #315 out of 396 companies for EV-to-FCF. This places Marsh & McLennan in the lower half of its industry. The industry median EV-to-FCF is 9.29. Marsh & McLennan's value of 21.87 is 135.5% above this benchmark. Historically, Marsh & McLennan's own EV-to-FCF has ranged from 20.05 to 46.58 over the past decade. While the company's 10-year median is 29.36 vs. the industry median of 9.29, Marsh & McLennan 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 EV-to-FCF for an Insurance company?
The median EV-to-FCF among Insurance companies is 9.29, based on 396 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marsh & McLennan's current EV-to-FCF of 21.87 is 135.5% 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Marsh & McLennan and its competitors. For the Insurance industry, the median EV-to-FCF is 9.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marsh & McLennan's current EV-to-FCF is 21.87, which is 26% below median its own 10-year median of 29.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marsh & McLennan stock overvalued right now?
Marsh & McLennan (LIM:MMC) has a current EV-to-FCF of 21.87. The stock's GF Value™ is $255.66, compared to a current price of $169.15 — trading 33.8% below its estimated fair value. The current EV-to-FCF is 21.87, which is 26% below median its 10-year median of 29.36 and 135.5% above the Insurance industry median of 9.29. Marsh & McLennan's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Marsh & McLennan (LIM:MMC), the current EV-to-FCF is 21.87 as of Jul. 01, 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 & McLennan (LIM:MMC) Overvalued in 2026?
Based on GuruFocus' analysis, Marsh & McLennan stock appears to be undervalued.
The current stock price of $169.15 is trading 33.8% below its estimated GF Value™ of $255.66.
Key valuation signals for LIM:MMC:
EV-to-FCF: 21.87 (26% below median its 10-year median of 29.36)
GF Value™: $255.66 vs. price of $169.15 (33.8% below fair value)
Industry Position: 135.5% above the Insurance median (#315 of 396)
No single metric tells the full story. See the LIM:MMC 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.
74GF Score
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