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

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 September 10, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAPO vs MRSH

growth of $100 · dividends reinvested · last 10y
APO +909.5% (+26.0%/yr)MRSH +207.7% (+11.9%/yr)APO compounded faster over this window
05001kStart $10020182020202220242026$1,010$308
APO MRSH

APO vs MRSH: by the numbers

  • MRSH is the larger company ($84.42B vs $74.29B market cap).
  • MRSH trades at the lower trailing earnings multiple (21.63 vs 28.85 P/E), one valuation lens rather than an overall verdict.
  • MRSH converts more revenue to profit (14.24% vs 5.22% net margin).
  • APO grew revenue faster over the past five years (43.10% vs 8.62% CAGR).
  • MRSH pays the higher dividend yield (2.08% vs 1.68%).

Metrics side by side

Valuation

MetricAPOMRSH
P/E ratio28.8521.63
Forward P/E14.7116.93
P/S ratio2.073.02
P/B ratio3.545.56

Profitability

MetricAPOMRSH
Gross margin95.50%42.38%
Operating margin24.13%21.62%
Net margin5.22%14.24%
ROE8.93%26.21%

Dividends

MetricAPOMRSH
Dividend yield1.68%2.08%
Payout ratio47.99%45.11%

Growth (annualized)

MetricAPOMRSH
Revenue CAGR (5Y)43.10%8.62%
EPS CAGR (5Y)66.21%16.34%
Total return CAGR (5Y)18.36%3.61%

Frequently asked

Which has the lower trailing P/E, APO or MRSH?
MRSH has the lower trailing P/E: APO trades at 28.85 and MRSH at 21.63. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, APO or MRSH?
Over the past five years, APO grew revenue faster — APO at a 43.10% CAGR versus MRSH at 8.62%.
Does APO or MRSH pay a bigger dividend?
APO yields 1.68% and MRSH yields 2.08% based on trailing dividends and the latest price.
Is APO or MRSH more profitable?
MRSH runs the higher net margin — APO at 5.22% versus MRSH at 14.24%.
How have APO and MRSH total returns compared?
Over the past 10 years, APO delivered 26.21% and MRSH delivered 12.26% annualized total return. 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 September 10, 2026.