marsh & mclennan cos (MMC:New York)
marsh & mclennan cos (MMC) Snapshot
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Open
$40.77
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Previous Close
$40.79
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Day High
$41.09
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Day Low
$40.68
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52 Week High
05/17/13 - $41.09
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52 Week Low
06/22/12 - $30.74
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Market Cap
22.7B
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Average Volume 10 Days
2.4M
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EPS TTM
$2.22
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Shares Outstanding
551.3M
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EX-Date
07/9/13
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P/E TM
18.5x
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Dividend
$1.00
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Dividend Yield
2.24%
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Related News
marsh & mclennan cos (MMC) Related Businessweek News
marsh & mclennan cos (MMC) Details
Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions in the areas of risk, strategy, and human capital. It operates in two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment provides risk management and insurance broking, reinsurance broking, insurance program management, catastrophe and financial modeling services, and related advisory services for businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment offers retirement, health, talent, and investments consulting and services, and specialized management and economic consulting services. This segment provides strategic and compliance-related retirement services and solutions to corporate, governmental, and institutional clients; assists public and private sector employers in the design, management, and administration of employee health care programs; advises organizations on the engagement, management, and rewarding of employees, the design of executive remuneration programs, and improvement of human resource effectiveness; and provides investment consulting and other services to the fiduciaries of pension funds, foundations, endowments, other investors, and wealth management companies. It principally serves customers in the United States, the United Kingdom, the Asia Pacific, and Continental Europe. Marsh & McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York.
marsh & mclennan cos (MMC) Top Compensated Officers
marsh & mclennan cos (MMC) Key Developments
Marsh & McLennan Companies, Inc. announced that its Board of Directors increased the quarterly cash dividend by 9% to $0.25 per share on outstanding common stock. The dividend is payable on August 15, 2013 to shareholders of record on July 11, 2013.
Annual Meeting of Shareholders
Marsh & McLennan Companies, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, revenue was $3.126 million against $3.051 million a year ago. Operating income was $0.607 million against $0.527 million a year ago. Income before income taxes was $0.588 million against $0.507 million a year ago. Income from continuing operations was $0.412 million or $0.72 per diluted share against $0.354 million or $0.63 per diluted share a year ago. Net income attributable to the company was $0.413 million or $0.74 per diluted share against $0.347 million or $0.63 per diluted share a year ago. Adjusted operating income was $0.615 million against $0.165 million a year ago. Adjusted income, net of tax was $0.406 million or $0.73 per diluted share against $0.349 million or $0.63 per diluted share a year ago. Capex for the first quarter was $126 million compared to $51 million reported a year ago. Net debt, which is total debt less cash and cash equivalents, was $1.5 billion at the end of the first quarter. For the year 2013, CapEx is expected to be approximately $350 million.
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Industry Analysis
MMC
Industry Average
| Valuation | MMC | Industry Range |
| Price/Earnings | 18.3x |
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| Price/Sales | 1.9x |
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| Price/Book | 3.4x |
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| Price/Cash Flow | 18.1x |
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| TEV/Sales | 1.5x |
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Post a JobJobs
- Concord, NH | Marsh GroupPosted: May 17
- Morristown, NJ | MarshPosted: May 18
- Chicago, IL | Marsh & Mclennan CompaniesPosted: May 18
- Charlotte, NC | MMC GroupPosted: May 16
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To contact MARSH & MCLENNAN COS, please visit www.mmc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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