MARSH & MCLENNAN COMPANIES, INC.

MRSH

Quality scores

Data as of Sep 5, 2026

6 / 9

Neutral

6/9 — middling fundamentals (neutral zone).

PassROA > 0 — ROA last year = 7.09 %
PassFCF > 0 — FCF last year = 5,001.00 mill.
PassFCF > net income (accrual quality) — FCF 5,001.00 vs. net income 4,160.00 (mill.)
FailRising ROA — ROA 7.09 % vs. prior year 7.19 %

PassLower long-term leverage — long-term debt/assets 0.31 vs. prior 0.34
FailRising current ratio (more liquidity) — Current ratio 1.10 vs. prior 1.13
PassNo dilution (shares do not grow) — Shares 485.00 mill. vs. prior 491.00 mill.

Z-Score (original)

2.75

Grey zone

Z''-Score (non-manufacturing)

6.11

Safe zone

Ratio	Value
X1 — Working capital / Total assets	0.04
X2 — Retained earnings / Total assets	0.47
X3 — EBIT / Total assets	0.11
X4 — Market cap / Total liabilities	2.06
X4 — Book equity / Total liabilities	0.35
X5 — Sales / Total assets	0.46