Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 18.46 as of Tuesday, August 4, 2026.
Forward PE Ratio (18.46) = Close Price ($191.45) / Consensus Forward EPS ($10.45)
FORWARD PE RATIO
18.46
SECTOR MEDIAN · FINANCIAL SERVICES
14.61
median of 83 covered companies
CURRENT VS SECTOR MEDIAN
+26.35%
vs the sector median at left
Marsh & McLennan Companies, Inc.
Market Cap
$91.36B
Forward PE Ratio
18.46
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Marsh & McLennan Companies, Inc. (MRSH) | $91.36B | 18.46 |
| CME Group Inc. (CME)vs › | $94.44B | 21.72 |
| Schwab U.S. Dividend Equity ETF (SCHD)vs › | $96.88B | N/A |
| KKR & Co. Inc. (KKR)vs › | $97.16B | 17.15 |
| The Bank of New York Mellon Corporation (BK)vs › | $97.40B | 16.38 |
| Robinhood Markets, Inc. (HOOD)vs › | $84.07B | 44.19 |
| Moody's Corporation (MCO)vs › | $83.77B | 28.57 |
| Intercontinental Exchange, Inc. (ICE)vs › | $83.76B | 18.82 |
| Brookfield Corporation (BN)vs › | $99.66B | N/A |
| iShares Russell 2000 ETF (IWM)vs › | $83.04B | N/A |
Trailing P/E
23.6
reported TTM EPS
Forward P/E
18.5
consensus next-FY EPS
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 today's $191.45 close, 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 | $10.32 – $10.55 | 14 | 18.3x |
| 2027-12-31 | $11.40 | $10.93 – $11.65 | 14 | 16.8x |
| 2028-12-31 | $12.48 | $11.74 – $13.09 | 4 | 15.3x |
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
