Marsh & McLennan Companies, Inc. (MMC) vs The PNC Financial Services Group, Inc. (PNC)

PNC leads on 11 of 16 compared metrics.

A side-by-side comparison of Marsh & McLennan Companies, Inc. and The PNC Financial Services Group, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — MMC vs PNC

growth of $100 · last 30y
MMC +1062.2%PNC +695.0%MMC compounded faster
05001k2kStart $100200120062011201620212026$1,162$795
MMC PNC

MMC vs PNC: by the numbers

  • PNC is the larger company ($95.44B vs $89.82B market cap).
  • PNC trades at the lower earnings multiple (13.81 vs 20.30 P/E).
  • PNC converts more revenue to profit (22.51% vs 14.26% net margin).
  • PNC grew revenue faster over the past five years (12.91% vs 9.28% CAGR).
  • PNC pays the higher dividend yield (2.86% vs 2.10%).

Which is better, MMC or PNC?

Metric tally: MMC 5 · PNC 11

It depends on what you're optimizing for:

ValuePNC(lower P/E)
GrowthPNC(faster 5Y revenue CAGR)
IncomePNC(higher dividend yield)
QualityMMC(higher ROIC)

Valuation

MetricMMCPNC
P/E ratio20.3013.81
Forward P/E16.6012.88
P/S ratio3.113.05
P/B ratio5.481.54
PEG ratio7.850.57
EV / EBITDA14.5915.03
FCF yield5.96%6.98%

Profitability

MetricMMCPNC
Gross margin20.12%71.88%
Operating margin21.70%27.54%
Net margin14.26%22.51%
ROE26.51%11.34%
ROIC12.12%5.27%

Dividends

MetricMMCPNC
Dividend yield2.10%2.86%
Payout ratio42.45%40.91%

Growth (annualized)

MetricMMCPNC
Revenue CAGR (5Y)9.28%12.91%
EPS CAGR (5Y)16.34%21.18%
FCF CAGR (5Y)8.27%2.14%
Total return CAGR (5Y)10.12%8.55%

Frequently asked

Which is better, MMC or PNC?
It depends on your goal. value: PNC (lower P/E); growth: PNC (faster 5Y revenue CAGR); income: PNC (higher dividend yield); quality: MMC (higher ROIC). Across all compared metrics, PNC leads 11 to 5.
Is MMC or PNC cheaper?
On trailing earnings, PNC is cheaper: MMC trades at a 20.30 P/E and PNC at 13.81.
Which has grown faster, MMC or PNC?
Over the past five years, PNC grew revenue faster — MMC at a 9.28% CAGR versus PNC at 12.91%.
Does MMC or PNC pay a bigger dividend?
MMC yields 2.10% and PNC yields 2.86% based on trailing dividends and the latest price.
Is MMC or PNC more profitable?
PNC runs the higher net margin — MMC at 14.26% versus PNC at 22.51%.
Which has been the better investment, MMC or PNC?
Over the past 10-year, PNC delivered the higher annualized total return — MMC at 13.86% versus PNC at 14.24%. 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 13, 2026.