MRSH vs WTW
Marsh McLennan (MRSH) and Willis Towers Watson (WTW) compared side by side. Marsh McLennan (MRSH) is larger, with a market cap of $93.9B versus $30.2B for Willis Towers Watson, about 3.1 times the size. On trailing earnings, WTW is cheaper at 20.1x versus 23.6x for MRSH.
Head to head
| Metric | MRSH | WTW |
|---|---|---|
| Market cap | $93.9B | $30.2B |
| P/E (TTM) | 23.6x | 20.1x |
| Forward P/E | 17.2x | 14.2x |
| Revenue (TTM) | $28.5B | — |
| Revenue growth | 8.1% | — |
| Gross margin | 44.5% | — |
| Operating margin | 18.4% | — |
| Free cash flow | $4.8B | $1.7B |
| Dividend yield | 2.01% | 1.18% |
| 1-year return | +7.3% | -0.6% |
| 5-year return (annual) | +4.8% | +7.0% |
| Max drawdown | -67% | -57% |
| FI Handbook grade | B- | A |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
MRSH vs WTW FAQ
Which is bigger, MRSH or WTW?
Marsh McLennan (MRSH) is larger, with a market cap of $93.9B versus $30.2B for Willis Towers Watson, about 3.1 times the size.
Is MRSH or WTW cheaper?
On trailing earnings, WTW is cheaper at 20.1x 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, MRSH or WTW?
MRSH returned +7.3% over the past year including dividends, versus -0.6% for WTW, through October 23, 2026.
Which pays a higher dividend, MRSH or WTW?
MRSH yields 2.01% versus 1.18% for WTW.
Full pages: Marsh McLennan · Willis Towers Watson