Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 16.75 as of 2026-09-19T00:00:57.114Z.
Consensus retrieved: 2026-09-13T23:24:33.380Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-19T00:00:57.114Z.
Quote observation: 2026-09-18T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: e58d4b7155231a3b19ea98a0791c37e0b677d1b9d73be98e96e98c7f9d35a1a2
Forward PE Ratio (16.75) = Dated Quote Price ($175.01) / Consensus Forward EPS ($10.45)
FORWARD PE RATIO
16.75
SECTOR MEDIAN · FINANCIAL SERVICES
14.39
median of 87 covered companies
CURRENT VS SECTOR MEDIAN
+16.40%
vs the sector median at left
Marsh & McLennan Companies, Inc.
Market Cap
$83.52B
Forward PE Ratio
16.75
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Marsh & McLennan Companies, Inc. (MRSH) | $83.52B | 16.75 |
| Brookfield Corporation (BN)vs › | $83.78B | N/A |
| Moody's Corporation (MCO)vs › | $81.16B | 27.67 |
| Intercontinental Exchange, Inc. (ICE)vs › | $87.28B | 19.21 |
| KKR & Co. Inc. (KKR)vs › | $88.72B | 14.91 |
| iShares Russell 2000 ETF (IWM)vs › | $78.14B | N/A |
| The Travelers Companies, Inc. (TRV)vs › | $78.14B | 10.99 |
| The PNC Financial Services Group, Inc. (PNC)vs › | $93.03B | 12.28 |
| Brookfield Asset Management Ltd. (BAM)vs › | $73.55B | 24.77 |
| U.S. Bancorp (USB)vs › | $93.56B | 11.51 |
Trailing P/E
21.4
reported TTM EPS
Forward P/E
16.8
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $10.45 implies +27.8% EPS growth vs the reported trailing $8.18.
At the dated quote price of $175.01, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $10.45 | $10.31 – $10.54 | 15 | 16.8x |
| 2027-12-31 | $11.40 | $10.92 – $11.64 | 15 | 15.3x |
| 2028-12-31 | $12.49 | $10.90 – $16.11 | 5 | 14.0x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute