Which has the lower trailing P/E, MRSH or USB?

USB has the lower trailing P/E: MRSH trades at 23.19 and USB at 12.60. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, MRSH or USB?

Over the past five years, USB grew revenue faster — MRSH at a 8.62% CAGR versus USB at 12.72%.

Does MRSH or USB pay a bigger dividend?

MRSH yields 1.90% and USB yields 3.30% based on trailing dividends and the latest price.

Is MRSH or USB more profitable?

USB runs the higher net margin — MRSH at 14.24% versus USB at 18.69%.

How have MRSH and USB total returns compared?

Over the past 10 years, MRSH delivered 13.06% and USB delivered 7.97% annualized total return. Past performance doesn't predict future results.

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

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 August 1, 2026. Differences are shown without an overall score or investment verdict.

MRSH

Marsh & McLennan Companies, Inc.

$90.52B

$189.69Financial ServicesAt close: Jul 31, 2026, 4:00 PM ET

USB

U.S. Bancorp

$98.15B

$63.01Financial ServicesAt close: Jul 31, 2026, 4:00 PM ET

Total return — MRSH vs USB

growth of $100 · dividends reinvested · last 30y

MRSH +2437.4%USB +1884.3%MRSH compounded faster

MRSH USB

MRSH vs USB: by the numbers

•USB is the larger company ($98.15B vs $90.52B market cap).
•USB trades at the lower trailing earnings multiple (12.60 vs 23.19 P/E), one valuation lens rather than an overall verdict.
•USB converts more revenue to profit (18.69% vs 14.24% net margin).
•USB grew revenue faster over the past five years (12.72% vs 8.62% CAGR).
•USB pays the higher dividend yield (3.30% vs 1.90%).

Metrics side by side

Valuation

Metric	MRSH	USB
P/E ratio	23.19	12.60
Forward P/E	18.16	12.08
P/S ratio	3.29	2.24
P/B ratio	6.05	1.45
PEG ratio	7.85	0.53

Profitability

Metric	MRSH	USB
Gross margin	42.38%	63.78%
Operating margin	21.62%	23.95%
Net margin	14.24%	18.69%
ROE	26.21%	12.12%
ROIC	12.12%	4.46%

Dividends

Metric	MRSH	USB
Dividend yield	1.90%	3.30%
Payout ratio	42.45%	45.02%

Growth (annualized)

Metric	MRSH	USB
Revenue CAGR (5Y)	8.62%	12.72%
EPS CAGR (5Y)	16.34%	8.59%
Total return CAGR (5Y)	6.84%	7.10%

Frequently asked

Which has the lower trailing P/E, MRSH or USB?: USB has the lower trailing P/E: MRSH trades at 23.19 and USB at 12.60. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MRSH or USB?: Over the past five years, USB grew revenue faster — MRSH at a 8.62% CAGR versus USB at 12.72%.
Does MRSH or USB pay a bigger dividend?: MRSH yields 1.90% and USB yields 3.30% based on trailing dividends and the latest price.
Is MRSH or USB more profitable?: USB runs the higher net margin — MRSH at 14.24% versus USB at 18.69%.
How have MRSH and USB total returns compared?: Over the past 10 years, MRSH delivered 13.06% and USB delivered 7.97% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MRSH analysis Full USB analysis Interactive comparison tool

Dig into the metrics

Marsh & McLennan Companies P/E ratio U.S. Bancorp P/E ratio Marsh & McLennan Companies dividend yield U.S. Bancorp dividend yield Marsh & McLennan Companies ROE U.S. Bancorp ROE Marsh & McLennan Companies operating margin U.S. Bancorp operating margin Marsh & McLennan Companies revenue growth U.S. Bancorp revenue growth Marsh & McLennan Companies free cash flow U.S. Bancorp free cash flow

Marsh & McLennan Companies & U.S. Bancorp appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest FCF Yield Stocks Highest 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 August 1, 2026.