Manulife Financial (MFC) vs. Marsh (MRSH)
This page compares Manulife Financial (MFC) with Marsh (MRSH) using historical performance, profitability, financial strength, growth, dividend, and valuation metrics.
Company Profile
Manulife Financial (MFC) and Marsh (MRSH) both belong to the Insurance industry, though MFC is classified under Life & Health Insurance while MRSH falls under Insurance Brokers.
| Symbol | MFC | MRSH |
|---|---|---|
| Company Name | Manulife Financial Corporation | Marsh & McLennan Companies, Inc. |
| Country/Region | Canada | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Insurance |
| GICS Industry | Insurance | Insurance |
| GICS Sub-Industry | Life & Health Insurance | Insurance Brokers |
| Market Capitalization | 63.12 billion USD | 80.01 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | September 24, 1999 | February 21, 1973 |
| Security Type | Common Stock | Common Stock |
Historical Performance
Historical Performance at a Glance
| Symbol | MFC | MRSH |
|---|---|---|
| 5-Day Price Return | -5.38% | 1.59% |
| 13-Week Price Return | 6.20% | -4.64% |
| 26-Week Price Return | 10.39% | -6.82% |
| 52-Week Price Return | 16.15% | -28.27% |
| Month-to-Date Return | -3.16% | -1.03% |
| Year-to-Date Return | 3.77% | -10.53% |
| 10-Day Avg. Volume | 7.46M | 2.91M |
| 3-Month Avg. Volume | 6.15M | 3.09M |
| 3-Month Volatility | 25.38% | 26.78% |
| Beta | 0.54 | 0.64 |
Profitability
Return on Equity (TTM)
Marsh (MRSH) at 25.91% ranks in the top quartile for Return on Equity (TTM), ahead of Manulife Financial (MFC) at 11.34%, which sits closer to the industry mid-range.
MFC
Insurance industry group
11.34%
- Max
- 36.48%
- Q3
- 20.88%
- Median
- 13.12%
- Q1
- 7.68%
- Min
- -3.27%
MRSH
Insurance industry group
25.91%
- Max
- 36.48%
- Q3
- 20.88%
- Median
- 13.12%
- Q1
- 7.68%
- Min
- -3.27%
Net Profit Margin (TTM)
Both Manulife Financial (MFC) at 14.94% and Marsh (MRSH) at 14.26% post Net Profit Margin (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on net profitability.
MFC
Insurance industry group
14.94%
- Max
- 31.15%
- Q3
- 18.03%
- Median
- 10.86%
- Q1
- 5.62%
- Min
- -2.53%
MRSH
Insurance industry group
14.26%
- Max
- 31.15%
- Q3
- 18.03%
- Median
- 10.86%
- Q1
- 5.62%
- Min
- -2.53%
Operating Profit Margin (TTM)
Operating Profit Margin (TTM) isn’t a meaningful figure for either Manulife Financial (MFC) in Insurance or Marsh (MRSH) in Insurance under our convention.
MFC
Insurance industry group
18.33%
- Max
- 41.20%
- Q3
- 23.69%
- Median
- 16.33%
- Q1
- 9.39%
- Min
- -1.22%
MRSH
Insurance industry group
21.70%
- Max
- 41.20%
- Q3
- 23.69%
- Median
- 16.33%
- Q1
- 9.39%
- Min
- -1.22%
Profitability at a Glance
| Symbol | MFC | MRSH |
|---|---|---|
| Return on Equity (TTM) | 11.34% | 25.91% |
| Return on Assets (TTM) | 0.58% | 6.69% |
| Net Profit Margin (TTM) | 14.94% | 14.26% |
| Operating Profit Margin (TTM) | 18.33% | 21.70% |
| Gross Profit Margin (TTM) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Current Ratio (MRQ) isn’t a meaningful figure for either Manulife Financial (MFC) in Insurance or Marsh (MRSH) in Insurance under our convention.
MFC
Insurance industry group
1.14
- Max
- 2.64
- Q3
- 1.18
- Median
- 0.64
- Q1
- 0.17
- Min
- 0.00
MRSH
Insurance industry group
1.11
- Max
- 2.64
- Q3
- 1.18
- Median
- 0.64
- Q1
- 0.17
- Min
- 0.00
Debt-to-Equity Ratio (MRQ)
Debt-to-Equity Ratio (MRQ) isn’t a meaningful figure for either Manulife Financial (MFC) in Insurance or Marsh (MRSH) in Insurance under our convention.
MFC
Insurance industry group
0.29
- Max
- 0.79
- Q3
- 0.47
- Median
- 0.29
- Q1
- 0.23
- Min
- 0.00
MRSH
Insurance industry group
1.41
- Max
- 0.79
- Q3
- 0.47
- Median
- 0.29
- Q1
- 0.23
- Min
- 0.00
Interest Coverage Ratio (TTM)
Interest Coverage Ratio (TTM) isn’t a meaningful figure for either Manulife Financial (MFC) in Insurance or Marsh (MRSH) in Insurance under our convention.
MFC
Insurance industry group
9.04
- Max
- 32.11
- Q3
- 16.88
- Median
- 8.05
- Q1
- 5.01
- Min
- -2.55
MRSH
Insurance industry group
7.31
- Max
- 32.11
- Q3
- 16.88
- Median
- 8.05
- Q1
- 5.01
- Min
- -2.55
Financial Strength at a Glance
| Symbol | MFC | MRSH |
|---|---|---|
| Current Ratio (MRQ) | 1.14 | 1.11 |
| Quick Ratio (MRQ) | 1.14 | 1.11 |
| Debt-to-Equity Ratio (MRQ) | 0.29 | 1.41 |
| Interest Coverage Ratio (TTM) | 9.04 | 7.31 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | MFC | MRSH |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | -1.75% | 7.59% |
| Revenue Growth (TTM vs Prior YoY) | 3.39% | 9.87% |
| 3-Year Revenue CAGR | 19.45% | 9.20% |
| 5-Year Revenue CAGR | -12.24% | 9.39% |
EPS Growth
EPS Growth at a Glance
| Symbol | MFC | MRSH |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | -3.73% | -15.48% |
| EPS Growth (TTM vs Prior YoY) | 7.24% | -2.01% |
| 3-Year EPS CAGR | -- | 11.72% |
| 5-Year EPS CAGR | 4.31% | 16.42% |
Dividend
Dividend Yield (TTM)
Manulife Financial (MFC) at 3.81% reports Dividend Yield (TTM) in the top quartile of industry peers, ahead of Marsh (MRSH) at 2.15%, which sits around the industry mid-range.
MFC
Insurance industry group
3.81%
- Max
- 6.87%
- Q3
- 3.15%
- Median
- 1.71%
- Q1
- 0.23%
- Min
- 0.00%
MRSH
Insurance industry group
2.15%
- Max
- 6.87%
- Q3
- 3.15%
- Median
- 1.71%
- Q1
- 0.23%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Manulife Financial (MFC) at 57.16% and Marsh (MRSH) at 44.18% post Dividend Payout Ratio (TTM) outside their industries’ typical mid-range — either leaning toward more retention or more distribution than the industry median.
MFC
Insurance industry group
57.16%
- Max
- 89.03%
- Q3
- 40.06%
- Median
- 16.75%
- Q1
- 3.17%
- Min
- 0.00%
MRSH
Insurance industry group
44.18%
- Max
- 89.03%
- Q3
- 40.06%
- Median
- 16.75%
- Q1
- 3.17%
- Min
- 0.00%
Dividend at a Glance
| Symbol | MFC | MRSH |
|---|---|---|
| Dividend Yield (TTM) | 3.81% | 2.15% |
| Dividend Payout Ratio (TTM) | 57.16% | 44.18% |
Valuation
Price-to-Earnings Ratio (TTM)
Manulife Financial (MFC) at 15.00 carries typical industry Price-to-Earnings Ratio (TTM), while Marsh (MRSH) at 20.55 sits in the higher-multiple quartile — MRSH carries a higher trailing earnings multiple relative to peers.
MFC
Insurance industry group
15.00
- Max
- 21.77
- Q3
- 16.82
- Median
- 12.89
- Q1
- 9.44
- Min
- 3.82
MRSH
Insurance industry group
20.55
- Max
- 21.77
- Q3
- 16.82
- Median
- 12.89
- Q1
- 9.44
- Min
- 3.82
Price-to-Sales Ratio (TTM)
Manulife Financial (MFC) at 2.24 carries typical industry Price-to-Sales Ratio (TTM), while Marsh (MRSH) at 2.93 sits in the higher-multiple quartile — MRSH carries a higher trailing revenue multiple relative to peers.
MFC
Insurance industry group
2.24
- Max
- 4.91
- Q3
- 2.59
- Median
- 1.32
- Q1
- 0.90
- Min
- 0.34
MRSH
Insurance industry group
2.93
- Max
- 4.91
- Q3
- 2.59
- Median
- 1.32
- Q1
- 0.90
- Min
- 0.34
Price-to-Book Ratio (MRQ)
Manulife Financial (MFC) at 1.66 hovers around the typical industry Price-to-Book Ratio (MRQ), while Marsh (MRSH) at 5.74 sits above its industry benchmark range — an elevated book-value multiple for MRSH relative to peers.
MFC
Insurance industry group
1.66
- Max
- 3.62
- Q3
- 2.11
- Median
- 1.67
- Q1
- 1.06
- Min
- 0.36
MRSH
Insurance industry group
5.74
- Max
- 3.62
- Q3
- 2.11
- Median
- 1.67
- Q1
- 1.06
- Min
- 0.36
Valuation at a Glance
| Symbol | MFC | MRSH |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 15.00 | 20.55 |
| Price-to-Sales Ratio (TTM) | 2.24 | 2.93 |
| Price-to-Book Ratio (MRQ) | 1.66 | 5.74 |
| Price-to-Free Cash Flow Ratio (TTM) | 2.70 | 14.21 |