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

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 August 23, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnMRSH vs PNC

growth of $100 · dividends reinvested · last 10y
MRSH +238.1% (+13.0%/yr)PNC +289.4% (+14.6%/yr)PNC compounded faster over this window
100200300400Start $10020182020202220242026$338$389
MRSH PNC

MRSH vs PNC: by the numbers

  • PNC is the larger company ($97.01B vs $91.63B market cap).
  • PNC trades at the lower trailing earnings multiple (13.38 vs 23.47 P/E), one valuation lens rather than an overall verdict.
  • PNC converts more revenue to profit (24.97% vs 14.24% net margin).
  • PNC grew revenue faster over the past five years (11.31% vs 8.62% CAGR).
  • PNC pays the higher dividend yield (2.92% vs 1.92%).

Metrics side by side

Valuation

MetricMRSHPNC
P/E ratio23.4713.38
Forward P/E18.3812.80
P/S ratio3.333.21
P/B ratio6.121.53

Profitability

MetricMRSHPNC
Gross margin42.38%79.59%
Operating margin21.62%30.73%
Net margin14.24%24.97%
ROE26.21%11.92%

Dividends

MetricMRSHPNC
Dividend yield1.92%2.92%
Payout ratio43.51%42.72%

Growth (annualized)

MetricMRSHPNC
Revenue CAGR (5Y)8.62%11.31%
EPS CAGR (5Y)16.34%21.18%
Total return CAGR (5Y)5.99%9.47%

Frequently asked

Which has the lower trailing P/E, MRSH or PNC?
PNC has the lower trailing P/E: MRSH trades at 23.47 and PNC at 13.38. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MRSH or PNC?
Over the past five years, PNC grew revenue faster — MRSH at a 8.62% CAGR versus PNC at 11.31%.
Does MRSH or PNC pay a bigger dividend?
MRSH yields 1.92% and PNC yields 2.92% based on trailing dividends and the latest price.
Is MRSH or PNC more profitable?
PNC runs the higher net margin — MRSH at 14.24% versus PNC at 24.97%.
How have MRSH and PNC total returns compared?
Over the past 10 years, MRSH delivered 12.97% and PNC delivered 14.73% 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 August 23, 2026.