Marsh & McLennan Companies Inc

NYSE MMC

Data sourced from iex and EODHD
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Marsh & McLennan Companies Inc Working Capital Turnover Ratio 5 year CAGR for the quarter ending March 31, 2024: 33.12%

Marsh & McLennan Companies Inc Working Capital Turnover Ratio 5 year CAGR is 33.12% for the quarter ending March 31, 2024, a 53.67% change year over year. The working capital turnover ratio measures the efficiency of a company in utilizing its working capital to generate revenue. It is calculated by dividing the revenue by the working capital. This ratio indicates the number of times the company's working capital is converted into revenue during a specific period. A higher working capital turnover ratio suggests more efficient utilization of working capital in revenue generation. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Marsh & McLennan Companies Inc Working Capital Turnover Ratio for the quarter ending March 31, 2023 was 4.94, a 6.94% change year over year.
  • Marsh & McLennan Companies Inc Working Capital Turnover Ratio for the quarter ending March 31, 2022 was 4.62, a 29.62% change year over year.
  • Marsh & McLennan Companies Inc Working Capital Turnover Ratio for the quarter ending March 31, 2021 was 3.56, a -31.79% change year over year.
  • Marsh & McLennan Companies Inc Working Capital Turnover Ratio for the quarter ending March 31, 2020 was 5.23, a 790.36% change year over year.
NYSE: MMC

Marsh & McLennan Companies Inc

CEO Mr. Daniel S. Glaser
IPO Date Dec. 30, 1987
Location United States
Headquarters 1166 Avenue of the Americas, New York, NY, United States, 10036-2774
Employees 85,000
Sector Financial Services
Industry Insurance brokers
Description

Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates through Risk and Insurance Services, and Consulting segments. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, strategic advisory services, and analytics solutions, and insurance program management services. It serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, wealth and career advice, solutions and products; and specialized management, strategic, economic, and brand consulting services. Marsh & McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York.

StockViz Staff

September 19, 2024

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