Marsh & McLennan Companies, Inc. (MMC) FCF Payout Ratio: 35.87%
Is Marsh & McLennan Companies, Inc.’s FCF payout ratio high or low?
Marsh & McLennan Companies, Inc.'s FCF payout ratio of 35.87% is in line with its 5-year average of 34.63%, around the middle of its 5-year range (31.08%–38.00%).
The FCF payout ratio for Marsh & McLennan Companies, Inc. (MMC) is 35.87%. It is below its 12-month average by 0.27% (35.97%).
MMC FCF Payout Ratio Chart
MMC Average FCF Payout Ratio Chart
MMC Current vs Average FCF Payout Ratio Chart
MMC FCF Payout Ratio Metrics
FCF PAYOUT RATIO
35.87%
FCF PAYOUT RATIO AVG TTM
35.97%
FCF PAYOUT RATIO AVG 3Y
35.93%
FCF PAYOUT RATIO AVG 5Y
34.63%
FCF PAYOUT RATIO AVG 10Y
37.92%
FCF PAYOUT RATIO AVG 15Y
43.17%
FCF PAYOUT RATIO AVG 20Y
82.42%
CURRENT VS TTM AVG
-0.27%
CURRENT VS 3Y AVG
-0.16%
CURRENT VS 5Y AVG
+3.58%
CURRENT VS 10Y AVG
-5.41%
CURRENT VS 15Y AVG
-16.91%
CURRENT VS 20Y AVG
-56.48%
Payout Ratio Comparison
FCF Payout Ratio
35.9%
Earnings Payout Ratio
42.5%
Dividend Yield
2.10%
FCF Yield
5.96%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $5.00B | $1.70B | 34.0% |
| 2024 | $3.99B | $1.51B | 38.0% |
| 2023 | $3.84B | $1.30B | 33.8% |
| 2022 | $3.00B | $1.14B | 38.0% |
| 2021 | $3.11B | $1.03B | 33.0% |
| 2020 | $3.03B | $943.00M | 31.1% |
| 2019 | $1.94B | $880.00M | 45.4% |
| 2018 | $2.11B | $807.00M | 38.2% |
| 2017 | $1.59B | $740.00M | 46.5% |
| 2016 | $1.75B | $682.00M | 38.9% |
| 2015 | $1.56B | $632.00M | 40.4% |
| 2014 | $1.74B | $582.00M | 33.4% |
| 2013 | $940.00M | $533.00M | 56.7% |
| 2012 | $1.00B | $497.00M | 49.6% |
| 2011 | $1.43B | $480.00M | 33.7% |
| 2010 | $451.00M | $452.00M | 100.2% |
| 2009 | $335.00M | $431.00M | 128.7% |
| 2008 | $451.00M | $412.00M | 91.4% |
| 2007 | ($609.00M) | $413.00M | N/A (Loss) |
| 2006 | $571.00M | $374.00M | 65.5% |
| 2005 | $54.00M | $363.00M | 672.2% |
| 2004 | $1.69B | $681.00M | 40.2% |
| 2003 | $1.43B | $631.00M | 44.1% |
| 2002 | $857.00M | $593.00M | 69.2% |
| 2001 | $944.00M | $567.00M | 60.1% |
| 2000 | $852.00M | $514.00M | 60.3% |
| 1999 | $285.00M | $447.00M | 156.8% |
| 1998 | $534.00M | $375.00M | 70.2% |
| 1997 | ($259.60M) | $305.60M | N/A (Loss) |
| 1996 | $159.20M | $239.20M | 150.3% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Marsh & McLennan Companies, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Marsh & McLennan Companies, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Marsh & McLennan Companies, Inc. (MMC)?
- The FCF payout ratio for MMC stock is 35.87%.
- Is Marsh & McLennan Companies, Inc.'s FCF payout ratio high or low?
- Marsh & McLennan Companies, Inc.'s FCF payout ratio of 35.87% is in line with its 5-year average of 34.63%, around the middle of its 5-year range (31.08%–38.00%).
- What is the TTM average FCF payout ratio for Marsh & McLennan Companies, Inc. (MMC)?
- The TTM average FCF payout ratio for MMC stock is 35.97%.
- What is the 3Y average FCF payout ratio for Marsh & McLennan Companies, Inc. (MMC)?
- The 3Y average FCF payout ratio for MMC stock is 35.93%.
- What is the 5Y average FCF payout ratio for Marsh & McLennan Companies, Inc. (MMC)?
- The 5Y average FCF payout ratio for MMC stock is 34.63%.
- What is the 10Y average FCF payout ratio for Marsh & McLennan Companies, Inc. (MMC)?
- The 10Y average FCF payout ratio for MMC stock is 37.92%.
- What is the 15Y average FCF payout ratio for Marsh & McLennan Companies, Inc. (MMC)?
- The 15Y average FCF payout ratio for MMC stock is 43.17%.
- What is the 20Y average FCF payout ratio for Marsh & McLennan Companies, Inc. (MMC)?
- The 20Y average FCF payout ratio for MMC stock is 82.42%.
Marsh & McLennan Companies, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 33.97% |
| 2024-12-31 | 37.96% |
| 2023-12-31 | 33.78% |
| 2022-12-31 | 38.00% |
| 2021-12-31 | 32.99% |
| 2020-12-31 | 31.08% |
| 2019-12-31 | 45.36% |
| 2018-12-31 | 38.17% |
| 2017-12-31 | 46.51% |
| 2016-12-31 | 38.88% |
| 2015-12-31 | 40.44% |
| 2014-12-31 | 33.37% |
| 2013-12-31 | 56.70% |
| 2012-12-31 | 49.60% |
| 2011-12-31 | 33.68% |
| 2010-12-31 | 100.22% |
| 2009-12-31 | 128.66% |
| 2008-12-31 | 91.35% |
| 2006-12-31 | 65.50% |
| 2005-12-31 | 672.22% |
| 2004-12-31 | 40.22% |
| 2003-12-31 | 44.10% |
| 2002-12-31 | 69.19% |
| 2001-12-31 | 60.06% |
| 2000-12-31 | 60.33% |
| 1999-12-31 | 156.84% |
| 1998-12-31 | 70.22% |
| 1996-12-31 | 150.25% |
About Marsh & McLennan Companies, Inc.
Marsh & McLennan Companies (MMC) operates as a leading global professional services organization, delivering expert guidance and innovative solutions to clients worldwide across the critical domains of risk, strategic planning, and human capital. Its operations are bifurcated into two primary divisions: Risk and Insurance Services, and Consulting. The Risk and Insurance Services arm provides an extensive range of risk management capabilities, encompassing strategic risk advice, risk transfer mechanisms, and solutions for risk control and mitigation. This segment is also proficient in insurance and reinsurance brokerage, offers sophisticated catastrophe and financial modeling, delivers associated advisory services, and manages insurance programs. Its diverse clientele includes businesses, governmental bodies, insurance companies, associations, specialized professional service organizations, and private individuals. Conversely, the Consulting division specializes in advisory services and products related to health, wealth, and career development. It also extends its expertise to specialized management, economic analysis, and brand strategy consulting. Founded in 1871, Marsh & McLennan Companies, Inc. maintains its corporate headquarters in New York, New York.
- Sector
- Financial Services
- Industry
- Insurance - Brokers
- CEO
- John Quinlan Doyle