Marsh & McLennan (FRA:MSN) Debt-to-Equity : 1.24 (As of Mar. 2024)

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What is Marsh & McLennan Debt-to-Equity?

Marsh & McLennan's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,361 Mil. Marsh & McLennan's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €12,788 Mil. Marsh & McLennan's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €11,428 Mil. Marsh & McLennan's debt to equity for the quarter that ended in Mar. 2024 was 1.24.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Marsh & McLennan's Debt-to-Equity or its related term are showing as below:

FRA:MSN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44 Med: 1.21 Max: 2.18
Current: 1.24

During the past 13 years, the highest Debt-to-Equity Ratio of Marsh & McLennan was 2.18. The lowest was 0.44. And the median was 1.21.

FRA:MSN's Debt-to-Equity is ranked worse than
90.84% of 382 companies
in the Insurance industry
Industry Median: 0.25 vs FRA:MSN: 1.24

Marsh & McLennan Debt-to-Equity Historical Data

The historical data trend for Marsh & McLennan's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marsh & McLennan Debt-to-Equity Chart

Marsh & McLennan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.83

1.49

1.20

1.28

1.27

Marsh & McLennan Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.37	1.22	1.37	1.27	1.24

Competitive Comparison of Marsh & McLennan's Debt-to-Equity

For the Insurance Brokers subindustry, Marsh & McLennan's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Marsh & McLennan's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Marsh & McLennan's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Marsh & McLennan's Debt-to-Equity falls into.

Marsh & McLennan Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Marsh & McLennan's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1770.727	+	12384.085)	/	11179.147
	=	1.27

Marsh & McLennan's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1360.68	+	12788)	/	11428.24
	=	1.24

Marsh & McLennan (FRA:MSN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Marsh & McLennan Debt-to-Equity Related Terms

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Marsh & McLennan (FRA:MSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Marsh & McLennan Companies Inc (FRA:MSN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MMC:USA MMC:Mexico MSN:Germany M1MC34:Brazil MMCO:Austria MMC:Argentina

Address

1166 Avenue of the Americas, New York, NY, USA, 10036-2774

Website

https://www.marshmclennan.com

Marsh McLennan is a professional services firm that provides advice and solutions in the areas of risk, strategy, and human capital. The company operates through two main segments: risk and insurance services and consulting. In risk and insurance services, the firm offers services via Marsh (an insurance broker) and Guy Carpenter (a risk and reinsurance specialist). The consulting division comprises Mercer (a provider of human resource services) and Oliver Wyman (a management and economic consultancy). About half of its revenue is generated outside the U.S.