BRO vs MRSH

Brown & Brown (BRO) and Marsh McLennan (MRSH) compared side by side. Marsh McLennan (MRSH) is larger, with a market cap of $93.9B versus $24.4B for Brown & Brown, about 3.8 times the size. On trailing earnings, BRO is cheaper at 23.0x versus 23.6x for MRSH.

Head to head

MetricBROMRSH
Market cap$24.4B$93.9B
P/E (TTM)23.0x23.6x
Forward P/E15.1x17.2x
Revenue (TTM)$6.7B$28.5B
Revenue growth32.4%8.1%
Gross margin56.3%44.5%
Operating margin41.8%18.4%
Free cash flow$1.4B$4.8B
Dividend yield0.90%2.01%
1-year return-17.0%+7.3%
5-year return (annual)+2.6%+4.8%
Max drawdown-56%-67%
FI Handbook gradeC+B-

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

$10.0K
$15.0K
20222023202420252026
BROMRSH

BRO vs MRSH FAQ

Which is bigger, BRO or MRSH?

Marsh McLennan (MRSH) is larger, with a market cap of $93.9B versus $24.4B for Brown & Brown, about 3.8 times the size.

Is BRO or MRSH cheaper?

On trailing earnings, BRO is cheaper at 23.0x versus 23.6x for MRSH. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, BRO or MRSH?

MRSH returned +7.3% over the past year including dividends, versus -17.0% for BRO, through October 23, 2026.

Which pays a higher dividend, BRO or MRSH?

MRSH yields 2.01% versus 0.90% for BRO.

Full pages: Brown & Brown · Marsh McLennan