Is MRSH or USB cheaper?

On trailing earnings, USB is cheaper: MRSH trades at a 20.53 P/E and USB at 12.37.

Which has grown faster, MRSH or USB?

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

Does MRSH or USB pay a bigger dividend?

MRSH yields 2.19% and USB yields 3.50% based on trailing dividends and the latest price.

Is MRSH or USB more profitable?

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

Which has been the better investment, MRSH or USB?

Over the past 10-year, MRSH delivered the higher annualized total return — MRSH at 11.42% versus USB at 7.52%. Past performance doesn't predict future results.

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

USB leads on 10 of 14 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 17, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

MRSH

Marsh & McLennan Companies, Inc.

$79.12B

$164.22Financial Services

USB

U.S. Bancorp

$91.41B

$58.89Financial Services

Total return — MRSH vs USB

growth of $100 · last 30y

MRSH +943.9%USB +693.7%MRSH compounded faster

MRSH USB

MRSH vs USB: by the numbers

•USB is the larger company ($91.41B vs $79.12B market cap).
•USB trades at the lower earnings multiple (12.37 vs 20.53 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 2.19%).

Which is better, MRSH or USB?

Metric tally: MRSH 4 · USB 10

It depends on what you're optimizing for:

ValueUSB(lower P/E)

GrowthUSB(faster 5Y revenue CAGR)

IncomeUSB(higher dividend yield)

QualityMRSH(higher ROIC)

Metrics side by side

Valuation

Metric	MRSH	USB
P/E ratio	20.53	12.37●
Forward P/E	15.79	11.55●
P/S ratio	2.90	2.11●
P/B ratio	5.48	1.39●
PEG ratio	7.79	0.50●

Profitability

Metric	MRSH	USB
Gross margin	42.37%	62.81%●
Operating margin	21.70%	23.18%●
Net margin	14.26%	18.02%●
ROE	26.94%●	11.87%
ROIC	12.12%●	4.46%

Dividends

Metric	MRSH	USB
Dividend yield	2.19%	3.50%●
Payout ratio	42.45%	44.59%

Growth (annualized)

Metric	MRSH	USB
Revenue CAGR (5Y)	9.28%	12.25%●
EPS CAGR (5Y)	16.34%●	8.59%
Total return CAGR (5Y)	5.30%●	4.57%

Frequently asked

Which is better, MRSH or USB?: It depends on your goal. value: USB (lower P/E); growth: USB (faster 5Y revenue CAGR); income: USB (higher dividend yield); quality: MRSH (higher ROIC). Across all compared metrics, USB leads 10 to 4.
Is MRSH or USB cheaper?: On trailing earnings, USB is cheaper: MRSH trades at a 20.53 P/E and USB at 12.37.
Which has grown faster, MRSH or USB?: Over the past five years, USB grew revenue faster — MRSH at a 9.28% CAGR versus USB at 12.25%.
Does MRSH or USB pay a bigger dividend?: MRSH yields 2.19% and USB yields 3.50% based on trailing dividends and the latest price.
Is MRSH or USB more profitable?: USB runs the higher net margin — MRSH at 14.26% versus USB at 18.02%.
Which has been the better investment, MRSH or USB?: Over the past 10-year, MRSH delivered the higher annualized total return — MRSH at 11.42% versus USB at 7.52%. 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 Lowest P/E Ratio 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 17, 2026.