MMC
Marsh & McLennan Companies, Inc. Financial Services - Insurance Brokers Investor Relations →
Marsh & McLennan Companies, Inc. (MMC) closed at $185.03 as of 2026-02-02, trading 1.6% below its 200-week moving average of $188.00. This places MMC in the below line zone. The stock is currently moving closer to the line, down from -0.3% last week. The 14-week RSI sits at 60, indicating neutral momentum.
Over the past 2730 weeks of data, MMC has crossed below its 200-week moving average 27 times. On average, these episodes lasted 17 weeks. Historically, investors who bought MMC at the start of these episodes saw an average one-year return of +17.4%.
With a market cap of $89.8 billion, MMC is a large-cap stock. The company generates a free cash flow yield of 5.3%, which is healthy. Return on equity stands at 28.7%, indicating strong profitability. The stock trades at 5.9x book value.
Over the past 33.2 years, a hypothetical investment of $100 in MMC would have grown to $2710, compared to $2849 for the S&P 500. MMC has returned 10.5% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 8.6% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: MMC vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MMC Crosses Below the Line?
Across 14 historical episodes, buying MMC when it crossed below its 200-week moving average produced an average return of +11.8% after 12 months (median +13.0%), compared to +22.0% for the S&P 500 over the same periods. 69% of those episodes were profitable after one year. After 24 months, the average return was +19.2% vs +39.6% for the index.
Each line shows $100 invested at the moment MMC crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MMC has crossed below its 200-week MA 27 times with an average 1-year return of +17.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 1973 | Nov 1973 | 1 | 5.0% | +3.7% | +31246.0% |
| Dec 1973 | Dec 1973 | 1 | 0.4% | +1.8% | +29779.2% |
| May 1974 | Jun 1974 | 5 | 6.5% | +30.8% | +29349.5% |
| Jul 1974 | Nov 1974 | 18 | 26.6% | +38.8% | +30133.7% |
| Nov 1974 | Nov 1974 | 1 | 0.6% | +37.3% | +30133.7% |
| Feb 1978 | Mar 1978 | 3 | 2.0% | +17.1% | +23776.0% |
| Oct 1978 | Oct 1978 | 1 | 1.4% | +11.4% | +22359.1% |
| Mar 1980 | Jun 1980 | 16 | 11.3% | +14.5% | +21413.7% |
| Nov 1980 | Dec 1980 | 4 | 8.4% | +15.4% | +20670.2% |
| Jan 1981 | Feb 1981 | 1 | 2.1% | +1.6% | +20840.1% |
| Jan 1982 | Mar 1982 | 11 | 5.7% | +26.9% | +19551.9% |
| Jun 1982 | Aug 1982 | 8 | 8.6% | +29.2% | +19551.9% |
| May 1984 | May 1984 | 1 | 1.0% | +76.8% | +16818.9% |
| Sep 1994 | Dec 1994 | 13 | 6.6% | +18.4% | +2928.1% |
| Jan 1995 | Jan 1995 | 3 | 0.2% | +17.9% | +2899.7% |
| May 1995 | May 1995 | 1 | 0.5% | +25.6% | +2874.9% |
| Jul 2002 | Aug 2002 | 4 | 10.3% | +20.1% | +615.3% |
| Sep 2002 | Oct 2002 | 4 | 22.5% | +19.6% | +642.7% |
| Dec 2002 | Dec 2002 | 1 | 0.9% | +5.1% | +579.3% |
| Jan 2003 | Apr 2003 | 14 | 15.2% | +17.1% | +639.9% |
| Sep 2003 | Feb 2004 | 20 | 11.1% | -2.2% | +541.9% |
| Feb 2004 | Jul 2008 | 228 | 41.1% | -32.7% | +533.8% |
| Jul 2008 | Jul 2008 | 1 | 0.8% | -25.1% | +894.9% |
| Oct 2008 | Mar 2010 | 75 | 32.6% | -4.0% | +902.3% |
| May 2010 | Aug 2010 | 16 | 12.8% | +37.8% | +1039.4% |
| Mar 2020 | Apr 2020 | 3 | 2.5% | +48.9% | +154.0% |
| Oct 2025 | Ongoing | 15+ | 4.5% | Ongoing | +4.4% |
| Average | 17 | — | +17.4% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02