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Headquartered in New York City, Marsh & McLennan Companies, Inc. (MMC) is a global professional services firm with a market cap of $112.1 billion. Specializing in risk management, insurance brokerage, consulting, and investment advisory services, Marsh & McLennan plays a pivotal role in helping organizations navigate complex challenges across industries.
Shares of MMC have underperformed the broader market considerably over the past year. The stock has gained 15.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 25.6%. However, in 2024, MMC is up 20.1%, compared to the SPX’s 18.4% rise on a YTD basis.
