FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Marsh's Free Cash Flow for the
three
months ended in Mar. 2026 was €-649 Mil. Marsh's Revenue for the
three
months ended in Mar. 2026 was €6,571 Mil. Therefore, Marsh's FCF Margin % for the quarter that ended in Mar. 2026 was -9.87%.
The historical rank and industry rank for Marsh's FCF Margin % or its related term are showing as below:
WBO:MMCO'
s FCF Margin % Range Over the Past 10 Years
Min: 11.34 Med: 15.07 Max: 18.54
Current: 17.82
During the past 13 years, the highest FCF Margin % of Marsh was 18.54%. The lowest was 11.34%. And the median was 15.07%.
WBO:MMCO's FCF Margin % is ranked better than 69.9% of 505
companies
in the Insurance industry
Industry Median: 9.6
vs WBO:MMCO: 17.82
Marsh FCF Margin % Related Terms
Marsh FCF Margin % Historical Data
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The historical data trend for Marsh's FCF 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.
WBO:MMCO vs AON, AJG, WTW: FCF Margin % Comparison
For the Insurance Brokers subindustry, Marsh's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Marsh's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Marsh's FCF 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 (WBO:MMCO) has a FCF Margin % of -9.87% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Marsh and its competitors. Over the past decade, Marsh's FCF Margin % has ranged from 11.34 to 18.54. According to the industry distribution chart, Marsh ranks #152 out of 505 companies in the Insurance industry, placing it in the top 30.1%.
Is Marsh's FCF Margin % too high?
Marsh's current FCF Margin % is -9.87%. Over the past 10 years, this metric has ranged from a low of 11.34 to a high of 18.54. Based on the distribution chart, Marsh ranks #152 out of 505 companies in the Insurance industry, which is above the industry midpoint. Overall, Marsh has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marsh's FCF Margin % compare to AON and AJG?
According to the Insurance industry distribution chart, Marsh ranks #152 out of 505 companies for FCF Margin %. This puts Marsh in the upper half of its industry. The industry median FCF Margin % is 9.60. Historically, Marsh's own FCF Margin % has ranged from 11.34 to 18.54 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Insurance company?
The median FCF Margin % among Insurance companies is 9.60, based on 505 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Marsh and its competitors. For the Insurance industry, the median FCF Margin % is 9.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marsh's current FCF Margin % is -9.87%. 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 (WBO:MMCO) is currently considered Significantly Undervalued. The stock's GF Value™ is €216.62, compared to a current price of €145.35 — trading 32.9% below its estimated fair value. The current FCF Margin % is -9.87%. Marsh's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Marsh (WBO:MMCO), the current FCF Margin % is -9.87% 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 (WBO:MMCO) Overvalued in 2026?
Based on GuruFocus' analysis, Marsh stock appears to be undervalued.
The current stock price of €145.35 is trading 32.9% below its estimated GF Value™ of €216.62.
GuruFocus considers Marsh to be Significantly Undervalued.
Key valuation signals for WBO:MMCO:
FCF Margin %: -9.87%
GF Value™: €216.62 vs. price of €145.35 (32.9% below fair value)
No single metric tells the full story. See the WBO:MMCO 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.
73GF Score
Get the complete analysis for WBO:MMCO
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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