Apollo Global Management, Inc. (APO) vs Marsh & McLennan Companies, Inc. (MMC)

APO leads on 9 of 14 compared metrics, though MMC is the cheaper stock.

A side-by-side comparison of Apollo Global Management, Inc. and Marsh & McLennan Companies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — APO vs MMC

growth of $100 · last 15y
APO +636.0%MMC +473.5%APO compounded faster
02004006008001kStart $10020142017202020232026$736$574
APO MMC

APO vs MMC: by the numbers

  • MMC is the larger company ($89.82B vs $79.70B market cap).
  • MMC trades at the lower earnings multiple (20.30 vs 40.75 P/E).
  • MMC converts more revenue to profit (14.26% vs 7.24% net margin).
  • APO grew revenue faster over the past five years (37.15% vs 9.28% CAGR).
  • MMC pays the higher dividend yield (2.10% vs 1.54%).

Which is better, APO or MMC?

Metric tally: APO 9 · MMC 5

It depends on what you're optimizing for:

ValueMMC(lower P/E)
GrowthAPO(faster 5Y revenue CAGR)
IncomeMMC(higher dividend yield)
QualityMMC(higher ROIC)

Metrics side by side

Valuation

MetricAPOMMC
P/E ratio40.7520.30
Forward P/E15.2416.60
P/S ratio2.733.11
P/B ratio4.065.48
PEG ratio0.547.85

Profitability

MetricAPOMMC
Gross margin89.33%20.12%
Operating margin31.05%21.70%
Net margin7.24%14.26%
ROE10.78%26.51%
ROIC7.24%12.12%

Dividends

MetricAPOMMC
Dividend yield1.54%2.10%
Payout ratio28.63%42.45%

Growth (annualized)

MetricAPOMMC
Revenue CAGR (5Y)37.15%9.28%
EPS CAGR (5Y)75.44%16.34%
Total return CAGR (5Y)21.12%10.12%

Frequently asked

Which is better, APO or MMC?
It depends on your goal. value: MMC (lower P/E); growth: APO (faster 5Y revenue CAGR); income: MMC (higher dividend yield); quality: MMC (higher ROIC). Across all compared metrics, APO leads 9 to 5.
Is APO or MMC cheaper?
On trailing earnings, MMC is cheaper: APO trades at a 40.75 P/E and MMC at 20.30.
Which has grown faster, APO or MMC?
Over the past five years, APO grew revenue faster — APO at a 37.15% CAGR versus MMC at 9.28%.
Does APO or MMC pay a bigger dividend?
APO yields 1.54% and MMC yields 2.10% based on trailing dividends and the latest price.
Is APO or MMC more profitable?
MMC runs the higher net margin — APO at 7.24% versus MMC at 14.26%.
Which has been the better investment, APO or MMC?
Over the past 10-year, APO delivered the higher annualized total return — APO at 29.52% versus MMC at 13.86%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 16, 2026.