CNA vs. MRSH: CNA Financial vs. Marsh & McLennan Stock Comparison
How do CNA Financial (CNA) and Marsh & McLennan (MRSH) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
CNA Financial (CNA) and Marsh & McLennan (MRSH) both belong to the Insurance industry, though CNA is classified under Property & Casualty Insurance while MRSH falls under Insurance Brokers.
| Profile Item | CNA | MRSH |
|---|---|---|
| Name | CNA Financial Corporation Common Stock | Marsh & McLennan Companies, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Insurance |
| GICS Industry | Insurance | Insurance |
| GICS Sub-Industry | Property & Casualty Insurance | Insurance Brokers |
| Market Capitalization | 12.81 billion USD | 97.39 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 21, 1973 | February 21, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CNA | MRSH |
|---|---|---|
| Total Return (1Y) | 13.42% | 16.87% |
| Total Return (3Y, Annualized) | 15.22% | 3.11% |
| Total Return (5Y, Annualized) | 9.00% | 6.23% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CNA | MRSH |
|---|---|---|
| Volatility (1Y, Annualized) | 20.85% | 26.15% |
| Beta (5Y) | 0.22 | 0.51 |
| Max Drawdown (5Y) | -25.67% | -34.36% |
| Avg. Volume (3M) | 454.06K | 2.43M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CNA | MRSH |
|---|---|---|
| Sharpe Ratio (1Y) | 0.44 | 0.48 |
| Sortino Ratio (1Y) | 0.62 | 0.74 |
Profitability
ROE (TTM)
Marsh & McLennan (MRSH) at 27.24% sits in the top ROE quartile, while CNA Financial (CNA) at 9.56% is closer to the peer norm — stronger capital efficiency for MRSH.
CNA
Insurance industry group
9.56%
- Max
- 41.68%
- Q3
- 22.04%
- Median
- 14.81%
- CNA
- 9.56%
- Q1
- 8.79%
- Min
- -10.66%
MRSH
Insurance industry group
27.24%
- Max
- 41.68%
- MRSH
- 27.24%
- Q3
- 22.04%
- Median
- 14.81%
- Q1
- 8.79%
- Min
- -10.66%
Net Margin (TTM)
Both CNA Financial (CNA) at 6.80% and Marsh & McLennan (MRSH) at 14.20% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
CNA
Insurance industry group
6.80%
- Max
- 29.92%
- Q3
- 17.03%
- Median
- 10.97%
- CNA
- 6.80%
- Q1
- 6.21%
- Min
- -4.68%
MRSH
Insurance industry group
14.20%
- Max
- 29.92%
- Q3
- 17.03%
- MRSH
- 14.20%
- Median
- 10.97%
- Q1
- 6.21%
- Min
- -4.68%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for CNA Financial (CNA) in Insurance and Marsh & McLennan (MRSH) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | CNA | MRSH |
|---|---|---|
| ROE (TTM) | 9.56% | 27.24% |
| ROA (TTM) | 1.29% | 7.35% |
| Net Margin (TTM) | 6.80% | 14.20% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both CNA Financial (CNA) at 5.10% and Marsh & McLennan (MRSH) at 10.32% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both CNA Financial (CNA) at 33.24% and Marsh & McLennan (MRSH) at 3.06% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | CNA | MRSH |
|---|---|---|
| Revenue Growth (YoY) | 5.10% | 10.32% |
| Revenue Growth (3Y CAGR) | 7.36% | 9.20% |
| EPS Growth (YoY) | 33.24% | 3.06% |
| EPS Growth (3Y CAGR) | 12.66% | 11.75% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: CNA Financial (CNA) in Insurance and Marsh & McLennan (MRSH) in Insurance both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: CNA Financial (CNA) in Insurance and Marsh & McLennan (MRSH) in Insurance run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | CNA | MRSH |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
CNA Financial (CNA) at 3.95% delivers top-quartile income for its industry, while Marsh & McLennan (MRSH) at 1.80% pays a more typical yield — both are credible income propositions, CNA the richer one.
CNA
Insurance industry group
3.95%
- Max
- 5.12%
- CNA
- 3.95%
- Q3
- 2.15%
- Median
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
MRSH
Insurance industry group
1.80%
- Max
- 5.12%
- Q3
- 2.15%
- MRSH
- 1.80%
- Median
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both CNA Financial (CNA) at 50.26% and Marsh & McLennan (MRSH) at 44.14% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
CNA
Insurance industry group
50.26%
- Max
- 76.67%
- CNA
- 50.26%
- Q3
- 35.18%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
MRSH
Insurance industry group
44.14%
- Max
- 76.67%
- MRSH
- 44.14%
- Q3
- 35.18%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CNA | MRSH |
|---|---|---|
| Dividend Yield (TTM) | 3.95% | 1.80% |
| Dividend Payout Ratio (TTM) | 50.26% | 44.14% |
Valuation
P/E Ratio (TTM)
CNA Financial (CNA) at 12.52 is near its industry’s usual P/E ratio, while Marsh & McLennan (MRSH) at 24.50 sits in the richer quartile — MRSH needs stronger growth or earnings quality to justify the premium.
CNA
Insurance industry group
12.52
- Max
- 28.37
- Q3
- 18.75
- CNA
- 12.52
- Median
- 12.23
- Q1
- 9.08
- Min
- 2.32
MRSH
Insurance industry group
24.50
- Max
- 28.37
- MRSH
- 24.50
- Q3
- 18.75
- Median
- 12.23
- Q1
- 9.08
- Min
- 2.32
P/S Ratio (TTM)
CNA Financial (CNA) at 0.84 looks cheap on sales in the lower P/S ratio quartile, while Marsh & McLennan (MRSH) at 3.42 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
CNA
Insurance industry group
0.84
- Max
- 4.03
- Q3
- 2.25
- Median
- 1.23
- Q1
- 0.85
- CNA
- 0.84
- Min
- 0.07
MRSH
Insurance industry group
3.42
- Max
- 4.03
- MRSH
- 3.42
- Q3
- 2.25
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.07
P/B Ratio (MRQ)
CNA Financial (CNA) at 1.25 sits near its industry’s typical P/B ratio, while Marsh & McLennan (MRSH) at 6.64 prices above its benchmark range — MRSH looks rich relative to book.
CNA
Insurance industry group
1.25
- Max
- 5.07
- Q3
- 2.79
- Median
- 1.76
- CNA
- 1.25
- Q1
- 1.23
- Min
- 0.30
MRSH
Insurance industry group
6.64
- MRSH
- 6.64
- Max
- 5.07
- Q3
- 2.79
- Median
- 1.76
- Q1
- 1.23
- Min
- 0.30
Valuation Metrics
| Metric | CNA | MRSH |
|---|---|---|
| P/E Ratio (TTM) | 12.52 | 24.50 |
| P/S Ratio (TTM) | 0.84 | 3.42 |
| P/B Ratio (MRQ) | 1.25 | 6.64 |
| Free Cash Flow Yield (TTM) | -- | -- |