Marsh (MRSH) vs Ryan Specialty (RYAN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Marsh (MRSH) has outperformed Ryan Specialty (RYAN) over the past year, losing 13.7% versus a loss of 35.2%. Over five years, MRSH leads with a +9.1% price change compared with +1.1% for RYAN. Marsh is the larger company by market cap ($84.31 billion vs $9.68 billion), about 8.7 times the size, while Ryan Specialty is growing revenue faster (+21.3% vs +10.3%).
On valuation, Marsh trades at a lower forward P/E (15.5x vs 15.5x for Ryan Specialty). Marsh offers the higher dividend yield (2.09% vs 1.32%). Marsh converts more of its revenue into profit, with a net margin of 15.4% versus 2.1%.
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 | MRSH | RYAN |
|---|---|---|
| Share price | $176.67 | $37.79 |
| Market cap | $84.31B | $9.68B |
| 1-day change | +1.73% | +0.51% |
| YTD return | -4.77% | -26.81% |
| 1-year return | -13.71% | -35.17% |
| 5-year return | +9.06% | +1.13% |
| P/E ratio (TTM) | 21.60 | 53.23 |
| Forward P/E | 15.47 | 15.48 |
| EPS (TTM) | $8.18 | $0.71 |
| Dividend yield | 2.09% | 1.32% |
| Annual dividend | $3.69 | $0.50 |
| Revenue (latest FY) | $26.98B | $3.05B |
| Revenue growth (YoY) | +10.32% | +21.28% |
| Net income (latest FY) | $4.16B | $63.40M |
| Operating margin | 23.06% | 16.18% |
| Net margin | 15.42% | 2.08% |
| 52-week high | $207.83 | $58.94 |
| 52-week low | $156.60 | $29.28 |
| Distance from 52-week high | -14.99% | -35.88% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +15.98% | +32.55% |
| Average volume | 2.49M | 1.94M |
| Shares outstanding | 477.21M | 122.08M |
| Employees | 95,000 | 6,171 |
| 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 8.7 times larger than Ryan Specialty by market value ($84.31B vs $9.68B).
- MRSH has outperformed RYAN by 21.5 percentage points over the past year.
- Ryan Specialty trades at a higher earnings multiple (53.2x vs 21.6x trailing P/E).
- Marsh is more profitable, keeping 15.4 cents of every revenue dollar as net income versus 2.1 cents for Ryan Specialty.
- Ryan Specialty grew revenue faster in its latest fiscal year (+21.28% vs +10.32%).
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
About Ryan Specialty
RYAN stock →Ryan Specialty Holdings, Inc. operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, Singapore, and internationally.
Finance · Specialty Insurers · 6,171 employees
MRSH vs RYAN FAQ
Which is bigger, Marsh or Ryan Specialty?
Marsh (MRSH) is larger, with a market capitalization of $84.31B compared with $9.68B for Ryan Specialty (RYAN).
Which stock has performed better over the past year, MRSH or RYAN?
MRSH returned -13.71% over the past 12 months, compared with -35.17% for RYAN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MRSH or RYAN?
MRSH has the lower trailing P/E at 21.6, versus 53.2 for RYAN. 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, Marsh or Ryan Specialty?
Marsh has the higher yield at 2.09%, compared with 1.32% for Ryan Specialty.
Are Marsh and Ryan Specialty in the same industry?
Yes. Both are classified in the Specialty Insurers industry within the Finance sector.