Marsh & McLennan Companies, Inc. (MMC) vs S&P Global Inc. (SPGI)
MMC leads on 8 of 14 compared metrics.
A side-by-side comparison of Marsh & McLennan Companies, Inc. and S&P Global Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
MMC
Marsh & McLennan Companies, Inc.
$171.14Financial Services
SPGI
S&P Global Inc.
$418.91Financial Services
Total return — MMC vs SPGI
growth of $100 · last 30yMMC +975.0%SPGI +3680.3%SPGI compounded faster
MMC SPGI
MMC vs SPGI: by the numbers
- •SPGI is the larger company ($124.00B vs $89.82B market cap).
- •MMC trades at the lower earnings multiple (20.30 vs 26.51 P/E).
- •SPGI converts more revenue to profit (30.37% vs 14.26% net margin).
- •SPGI grew revenue faster over the past five years (15.44% vs 9.28% CAGR).
- •MMC pays the higher dividend yield (2.10% vs 0.92%).
Which is better, MMC or SPGI?
Metric tally: MMC 8 · SPGI 6It depends on what you're optimizing for:
ValueMMC(lower P/E)
GrowthSPGI(faster 5Y revenue CAGR)
IncomeMMC(higher dividend yield)
QualityMMC(higher ROIC)
Valuation
| Metric | MMC | SPGI |
|---|---|---|
| P/E ratio | 20.30● | 26.51 |
| Forward P/E | 16.60● | 18.84 |
| P/S ratio | 3.11● | 7.93 |
| P/B ratio | 5.48 | 4.00● |
| PEG ratio | 7.85 | 1.91● |
Profitability
| Metric | MMC | SPGI |
|---|---|---|
| Gross margin | 20.12% | 70.47%● |
| Operating margin | 21.70% | 43.88%● |
| Net margin | 14.26% | 30.37%● |
| ROE | 26.51%● | 15.32% |
| ROIC | 12.12%● | 9.22% |
Dividends
| Metric | MMC | SPGI |
|---|---|---|
| Dividend yield | 2.10%● | 0.92% |
| Payout ratio | 42.45% | 26.31% |
Growth (annualized)
| Metric | MMC | SPGI |
|---|---|---|
| Revenue CAGR (5Y) | 9.28% | 15.44%● |
| EPS CAGR (5Y) | 16.34%● | 8.60% |
| Total return CAGR (5Y) | 10.12%● | 2.16% |
Frequently asked
- Which is better, MMC or SPGI?
- It depends on your goal. value: MMC (lower P/E); growth: SPGI (faster 5Y revenue CAGR); income: MMC (higher dividend yield); quality: MMC (higher ROIC). Across all compared metrics, MMC leads 8 to 6.
- Is MMC or SPGI cheaper?
- On trailing earnings, MMC is cheaper: MMC trades at a 20.30 P/E and SPGI at 26.51.
- Which has grown faster, MMC or SPGI?
- Over the past five years, SPGI grew revenue faster — MMC at a 9.28% CAGR versus SPGI at 15.44%.
- Does MMC or SPGI pay a bigger dividend?
- MMC yields 2.10% and SPGI yields 0.92% based on trailing dividends and the latest price.
- Is MMC or SPGI more profitable?
- SPGI runs the higher net margin — MMC at 14.26% versus SPGI at 30.37%.
- Which has been the better investment, MMC or SPGI?
- Over the past 10-year, SPGI delivered the higher annualized total return — MMC at 13.86% versus SPGI at 15.62%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Marsh & McLennan Companies P/E ratioS&P Global P/E ratioMarsh & McLennan Companies dividend yieldS&P Global dividend yieldMarsh & McLennan Companies ROES&P Global ROEMarsh & McLennan Companies operating marginS&P Global operating marginMarsh & McLennan Companies revenue growthS&P Global revenue growthMarsh & McLennan Companies free cash flowS&P Global free cash flow
Marsh & McLennan Companies & S&P Global appear in these rankings
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 14, 2026.