Is MMC or USB cheaper?

On trailing earnings, USB is cheaper: MMC trades at a 20.30 P/E and USB at 12.38.

Which has grown faster, MMC or USB?

Over the past five years, USB grew revenue faster — MMC at a 9.28% CAGR versus USB at 12.25%.

Does MMC or USB pay a bigger dividend?

MMC yields 2.10% and USB yields 3.50% based on trailing dividends and the latest price.

Is MMC or USB more profitable?

USB runs the higher net margin — MMC at 14.26% versus USB at 18.02%.

Which has been the better investment, MMC or USB?

Over the past 10-year, MMC delivered the higher annualized total return — MMC at 13.86% versus USB at 7.29%. Past performance doesn't predict future results.

Marsh & McLennan Companies, Inc. (MMC) vs U.S. Bancorp (USB)

USB leads on 13 of 17 compared metrics.

A side-by-side comparison of Marsh & McLennan Companies, Inc. and U.S. Bancorp 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).

MMC

Marsh & McLennan Companies, Inc.

$89.82B

$171.14Financial Services

USB

U.S. Bancorp

$91.49B

$58.94Financial Services

Total return — MMC vs USB

growth of $100 · last 30y

MMC +1062.2%USB +707.0%MMC compounded faster

MMC USB

MMC vs USB: by the numbers

•USB is the larger company ($91.49B vs $89.82B market cap).
•USB trades at the lower earnings multiple (12.38 vs 20.30 P/E).
•USB converts more revenue to profit (18.02% vs 14.26% net margin).
•USB grew revenue faster over the past five years (12.25% vs 9.28% CAGR).
•USB pays the higher dividend yield (3.50% vs 2.10%).

Which is better, MMC or USB?

Metric tally: MMC 4 · USB 13

It depends on what you're optimizing for:

ValueUSB(lower P/E)

GrowthUSB(faster 5Y revenue CAGR)

IncomeUSB(higher dividend yield)

QualityMMC(higher ROIC)

Valuation

Metric	MMC	USB
P/E ratio	20.30	12.38●
Forward P/E	16.60	11.56●
P/S ratio	3.11	2.11●
P/B ratio	5.48	1.39●
PEG ratio	7.85	0.50●
EV / EBITDA	14.59	11.85●
FCF yield	5.96%	10.47%●

Profitability

Metric	MMC	USB
Gross margin	20.12%	62.81%●
Operating margin	21.70%	23.18%●
Net margin	14.26%	18.02%●
ROE	26.51%●	11.87%
ROIC	12.12%●	4.46%

Dividends

Metric	MMC	USB
Dividend yield	2.10%	3.50%●
Payout ratio	42.45%	44.59%

Growth (annualized)

Metric	MMC	USB
Revenue CAGR (5Y)	9.28%	12.25%●
EPS CAGR (5Y)	16.34%●	8.59%
FCF CAGR (5Y)	8.27%	33.08%●
Total return CAGR (5Y)	10.12%●	4.33%

Frequently asked

Which is better, MMC or USB?: It depends on your goal. value: USB (lower P/E); growth: USB (faster 5Y revenue CAGR); income: USB (higher dividend yield); quality: MMC (higher ROIC). Across all compared metrics, USB leads 13 to 4.
Is MMC or USB cheaper?: On trailing earnings, USB is cheaper: MMC trades at a 20.30 P/E and USB at 12.38.
Which has grown faster, MMC or USB?: Over the past five years, USB grew revenue faster — MMC at a 9.28% CAGR versus USB at 12.25%.
Does MMC or USB pay a bigger dividend?: MMC yields 2.10% and USB yields 3.50% based on trailing dividends and the latest price.
Is MMC or USB more profitable?: USB runs the higher net margin — MMC at 14.26% versus USB at 18.02%.
Which has been the better investment, MMC or USB?: Over the past 10-year, MMC delivered the higher annualized total return — MMC at 13.86% versus USB at 7.29%. Past performance doesn't predict future results.

Go deeper

Full MMC analysis Full USB analysis Interactive comparison tool

MMC & USB appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest FCF Yield Stocks Best 10-Year Total Return Stocks

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.