Fidelity National Financial (FNF) vs Marsh (MRSH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Marsh (MRSH) has outperformed Fidelity National Financial (FNF) over the past year, losing 13.7% versus a loss of 27.2%. Over five years, MRSH leads with a +9.1% price change compared with -12.7% for FNF. Marsh is the larger company by market cap ($84.31 billion vs $10.67 billion), about 7.9 times the size.
On valuation, Fidelity National Financial trades at a lower forward P/E (7.2x vs 15.5x for Marsh). Fidelity National Financial offers the higher dividend yield (5.18% vs 2.09%). Marsh converts more of its revenue into profit, with a net margin of 15.4% versus 4.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FNF | MRSH |
|---|---|---|
| Share price | $39.77 | $176.67 |
| Market cap | $10.67B | $84.31B |
| 1-day change | +1.92% | +1.73% |
| YTD return | -27.15% | -4.77% |
| 1-year return | -27.23% | -13.71% |
| 5-year return | -12.68% | +9.06% |
| P/E ratio (TTM) | 13.81 | 21.60 |
| Forward P/E | 7.20 | 15.47 |
| EPS (TTM) | $2.88 | $8.18 |
| Dividend yield | 5.18% | 2.09% |
| Annual dividend | $2.06 | $3.69 |
| Revenue (latest FY) | $14.45B | $26.98B |
| Revenue growth (YoY) | +5.58% | +10.32% |
| Net income (latest FY) | $602.00M | $4.16B |
| Operating margin | — | 23.06% |
| Net margin | 4.17% | 15.42% |
| 52-week high | $58.41 | $207.83 |
| 52-week low | $37.88 | $156.60 |
| Distance from 52-week high | -31.91% | -14.99% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +45.34% | +15.98% |
| Average volume | 2.11M | 2.51M |
| Shares outstanding | 268.19M | 477.21M |
| Employees | 24,535 | 95,000 |
| Sector | Finance | Finance |
| Industry | Specialty Insurers | Specialty Insurers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Marsh is about 7.9 times larger than Fidelity National Financial by market value ($84.31B vs $10.67B).
- MRSH has outperformed FNF by 13.5 percentage points over the past year.
- Marsh trades at a higher earnings multiple (21.6x vs 13.8x trailing P/E).
- Fidelity National Financial offers a meaningfully higher dividend yield (5.18% vs 2.09%).
- Marsh is more profitable, keeping 15.4 cents of every revenue dollar as net income versus 4.2 cents for Fidelity National Financial.
About Fidelity National Financial
FNF stock →Fidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United States. It operates through Title, F&G, and Corporate and Other segments.
Finance · Specialty Insurers · 24,535 employees
About Marsh
MRSH stock →Marsh & McLennan Companies, Inc., a professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people worldwide. The company operates through Risk and Insurance Services, and Consulting segments.
Finance · Specialty Insurers · 95,000 employees
FNF vs MRSH FAQ
Which is bigger, Fidelity National Financial or Marsh?
Marsh (MRSH) is larger, with a market capitalization of $84.31B compared with $10.67B for Fidelity National Financial (FNF).
Which stock has performed better over the past year, FNF or MRSH?
MRSH returned -13.71% over the past 12 months, compared with -27.23% for FNF (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FNF or MRSH?
FNF has the lower trailing P/E at 13.8, versus 21.6 for MRSH. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Fidelity National Financial or Marsh?
Fidelity National Financial has the higher yield at 5.18%, compared with 2.09% for Marsh.
Are Fidelity National Financial and Marsh in the same industry?
Yes. Both are classified in the Specialty Insurers industry within the Finance sector.