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

PNC leads on 11 of 13 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 July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — MRSH vs PNC

growth of $100 · last 30y
MRSH +1061.2%PNC +711.5%MRSH compounded faster
05001k2kStart $100200120062011201620212026$1,161$811
MRSH PNC

MRSH vs PNC: by the numbers

  • PNC is the larger company ($100.76B vs $86.24B market cap).
  • PNC trades at the lower earnings multiple (14.32 vs 22.38 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 (3.25% vs 2.01%).

Which is better, MRSH or PNC?

Metric tally: MRSH 2 · PNC 11

It depends on what you're optimizing for:

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

Metrics side by side

Valuation

MetricMRSHPNC
P/E ratio22.3814.32
Forward P/E17.2313.26
P/S ratio3.163.16
P/B ratio5.971.59
PEG ratio7.850.60

Profitability

MetricMRSHPNC
Gross margin42.37%71.88%
Operating margin21.70%27.54%
Net margin14.26%22.51%
ROE26.94%11.34%
ROIC12.12%5.27%

Dividends

MetricMRSHPNC
Dividend yield2.01%3.25%
Payout ratio42.45%48.13%

Growth (annualized)

MetricMRSHPNC
Revenue CAGR (5Y)9.28%12.91%
EPS CAGR (5Y)16.34%21.18%
Total return CAGR (5Y)6.42%10.06%

Frequently asked

Which is better, MRSH or PNC?
It depends on your goal. value: PNC (lower P/E); growth: PNC (faster 5Y revenue CAGR); income: PNC (higher dividend yield); quality: MRSH (higher ROIC). Across all compared metrics, PNC leads 11 to 2.
Is MRSH or PNC cheaper?
On trailing earnings, PNC is cheaper: MRSH trades at a 22.38 P/E and PNC at 14.32.
Which has grown faster, MRSH or PNC?
Over the past five years, PNC grew revenue faster — MRSH at a 9.28% CAGR versus PNC at 12.91%.
Does MRSH or PNC pay a bigger dividend?
MRSH yields 2.01% and PNC yields 3.25% based on trailing dividends and the latest price.
Is MRSH or PNC more profitable?
PNC runs the higher net margin — MRSH at 14.26% versus PNC at 22.51%.
Which has been the better investment, MRSH or PNC?
Over the past 10-year, PNC delivered the higher annualized total return — MRSH at 12.11% versus PNC at 15.54%. 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 July 9, 2026.