Marsh (FRA:MSN) OCF Margin %: -9.06% (As of Mar. 2026)


FRA:MSN Marsh FRA:MSN
78 GF Score
Price €143.35
GF Value €217.53
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Marsh OCF Margin %?

Marsh FRA:MSN +4.18% 78 OCF Margin % is -9.06% as of Mar. 2026. 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 501 Insurance companies, Marsh ranks better than 69.06% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Marsh's Cash Flow from Operations for the three months ended in Mar. 2026 was €-595 Mil. Marsh's Revenue for the three months ended in Mar. 2026 was €6,571 Mil. Therefore, Marsh's OCF Margin % for the quarter that ended in Mar. 2026 was -9.06%.

As of today, Marsh's current OCF Yield % is 6.54%.

The historical rank and industry rank for Marsh's OCF Margin % or its related term are showing as below:

FRA:MSN' s OCF Margin % Range Over the Past 10 Years
Min: 13.5   Med: 17.16   Max: 19.64
Current: 18.9


During the past 13 years, the highest OCF Margin % of Marsh was 19.64%. The lowest was 13.50%. And the median was 17.16%.

FRA:MSN's OCF Margin % is ranked better than
69.06% of 501 companies
in the Insurance industry
Industry Median: 10.85 vs FRA:MSN: 18.90


Marsh OCF Margin % Related Terms


Marsh OCF Margin % Historical Data

* Premium members only.

The historical data trend for Marsh's OCF 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.

Marsh OCF Margin % Chart

Marsh Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.74 16.72 18.73 17.59 19.61

Marsh Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.81 23.96 32.78 32.77 -9.06

FRA:MSN vs AON, AJG, WTW: OCF Margin % Comparison

For the Insurance Brokers subindustry, Marsh's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs Insurance Industry

For the Insurance industry and Financial Services sector, Marsh's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Marsh's OCF Margin % falls into.


FRA:MSN
78GF Score
Marsh FRA:MSN
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Marsh OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Marsh's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=4519.368/23041.774
=19.61 %

Marsh's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-595.12/6571.405
=-9.06 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of -9.06% mean?
Marsh (FRA:MSN) has a OCF Margin % of -9.06% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Marsh and its competitors. Over the past decade, Marsh's OCF Margin % has ranged from 13.50 to 19.64. According to the industry distribution chart, Marsh ranks #155 out of 501 companies in the Insurance industry, placing it in the top 30.9%.
Is Marsh's OCF Margin % too high?
Marsh's current OCF Margin % is -9.06%. Over the past 10 years, this metric has ranged from a low of 13.50 to a high of 19.64. Based on the distribution chart, Marsh ranks #155 out of 501 companies in the Insurance industry, which is above the industry midpoint. 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 OCF Margin % compare to AON and AJG?
According to the Insurance industry distribution chart, Marsh ranks #155 out of 501 companies for OCF Margin %. This puts Marsh in the upper half of its industry. The industry median OCF Margin % is 10.85. Historically, Marsh's own OCF Margin % has ranged from 13.50 to 19.64 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 OCF Margin % for an Insurance company?
The median OCF Margin % among Insurance companies is 10.85, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Marsh and its competitors. For the Insurance industry, the median OCF Margin % is 10.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marsh's current OCF Margin % is -9.06%. 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 OCF Margin % is -9.06%. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Marsh (FRA:MSN), the current OCF Margin % is -9.06% 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:

  • OCF Margin %: -9.06%
  • GF Value™: €217.53 vs. price of €143.35 (34.1% below fair value)
  • GF Score™: 78/100 with 4 warning signs

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 Business Description

Address 1166 Avenue of the Americas, New York, NY, USA, 10036-2774
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

Get the complete analysis for FRA:MSN

OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€143.35
Price
€217.53
GF Value