PYPL vs. MRSH
PYPL (PayPal Holdings, Inc.) and MRSH (Marsh & McLennan Companies, Inc) are both stocks. Both are in the Financial Services sector — PYPL in Credit Services, MRSH in Insurance Brokers. Over the past 10 years, PYPL returned 1.21%/yr vs 11.75%/yr for MRSH. At a 0.35 correlation, their price movements are largely independent.
Performance
PYPL vs. MRSH - Performance Comparison
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Returns By Period
In the year-to-date period, PYPL achieves a -28.41% return, which is significantly lower than MRSH's -8.15% return. Over the past 10 years, PYPL has underperformed MRSH with an annualized return of 1.21%, while MRSH has yielded a comparatively higher 11.75% annualized return.
PYPL
- 1D
- 0.70%
- 1M
- -6.18%
- YTD
- -28.41%
- 6M
- -32.22%
- 1Y
- -40.86%
- 3Y*
- -12.98%
- 5Y*
- -31.18%
- 10Y*
- 1.21%
MRSH
- 1D
- 0.32%
- 1M
- 4.74%
- YTD
- -8.15%
- 6M
- -8.49%
- 1Y
- -20.92%
- 3Y*
- -0.08%
- 5Y*
- 5.55%
- 10Y*
- 11.75%
PYPL vs. MRSH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PYPL PayPal Holdings, Inc. | -28.41% | -31.44% | 38.98% | -13.77% | -62.23% | -19.48% | 116.51% | 28.64% | 14.22% | 86.52% |
MRSH Marsh & McLennan Companies, Inc | -8.15% | -11.26% | 13.75% | 16.15% | -3.45% | 50.83% | 6.86% | 42.33% | -0.14% | 22.73% |
Correlation
The correlation between PYPL and MRSH is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2015 | 0.35 |
The correlation between PYPL and MRSH shifts across timeframes, from 0.23 (3 years) to 0.35 (all time), reflecting how their relationship changes across market environments.
Fundamentals
PYPL:
$38.21B
MRSH:
$81.98B
PYPL:
$5.31
MRSH:
$7.99
PYPL:
7.83
MRSH:
21.11
PYPL:
0.38
MRSH:
2.46
PYPL:
1.17
MRSH:
3.01
PYPL:
1.91
MRSH:
5.54
PYPL:
$33.73B
MRSH:
$27.52B
PYPL:
$15.56B
MRSH:
$11.66B
PYPL:
$7.23B
MRSH:
$6.68B
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Return for Risk
PYPL vs. MRSH — Risk / Return Rank
PYPL
MRSH
PYPL vs. MRSH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PayPal Holdings, Inc. (PYPL) and Marsh & McLennan Companies, Inc (MRSH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PYPL | MRSH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 0.85 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.88 | -0.80 | -0.08 |
| Martin ratioReturn relative to average drawdown | -1.54 | -1.40 | -0.14 |
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Drawdowns
PYPL vs. MRSH - Drawdown Comparison
The maximum PYPL drawdown since its inception was -87.30%, which is greater than MRSH's maximum drawdown of -67.46%. Use the drawdown chart below to compare losses from any high point for PYPL and MRSH.
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Drawdown Indicators
| PYPL | MRSH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.30% | -67.46% | -19.84% |
Max Drawdown (1Y)Largest decline over 1 year | -49.92% | -27.01% | -22.91% |
Max Drawdown (3Y)Largest decline over 3 years | -57.34% | -34.36% | -22.98% |
Max Drawdown (5Y)Largest decline over 5 years | -87.30% | -34.36% | -52.94% |
Max Drawdown (10Y)Largest decline over 10 years | -87.30% | -35.80% | -51.50% |
Current DrawdownCurrent decline from peak | -86.42% | -29.62% | -56.80% |
Average DrawdownAverage peak-to-trough decline | -35.90% | -17.41% | -18.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.60% | 15.50% | +13.10% |
Volatility
PYPL vs. MRSH - Volatility Comparison
PayPal Holdings, Inc. (PYPL) and Marsh & McLennan Companies, Inc (MRSH) have volatilities of 7.01% and 6.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PYPL | MRSH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.01% | 6.91% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 31.72% | 19.10% | +12.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.10% | 23.47% | +15.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.08% | 20.20% | +21.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.77% | 20.94% | +17.83% |
Dividends
PYPL vs. MRSH - Dividend Comparison
PYPL's dividend yield for the trailing twelve months is around 1.01%, less than MRSH's 2.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRSH Marsh & McLennan Companies, Inc | 2.13% | 1.85% | 1.44% | 1.37% | 1.36% | 1.15% | 1.57% | 1.56% | 1.98% | 1.76% | 1.92% | 2.13% |
PYPL PayPal Holdings, Inc. | 1.01% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PYPL vs. MRSH - Financials Comparison
This section allows you to compare key financial metrics between PayPal Holdings, Inc. and Marsh & McLennan Companies, Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PYPL vs. MRSH - Profitability Comparison
PYPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PayPal Holdings, Inc. reported a gross profit of 3.81B and revenue of 8.35B. Therefore, the gross margin over that period was 45.6%.
MRSH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Marsh & McLennan Companies, Inc reported a gross profit of 3.47B and revenue of 7.60B. Therefore, the gross margin over that period was 45.6%.
PYPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PayPal Holdings, Inc. reported an operating income of 1.49B and revenue of 8.35B, resulting in an operating margin of 17.8%.
MRSH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Marsh & McLennan Companies, Inc reported an operating income of 1.75B and revenue of 7.60B, resulting in an operating margin of 23.1%.
PYPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PayPal Holdings, Inc. reported a net income of 1.11B and revenue of 8.35B, resulting in a net margin of 13.3%.
MRSH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Marsh & McLennan Companies, Inc reported a net income of 1.15B and revenue of 7.60B, resulting in a net margin of 15.1%.
Frequently Asked Questions
PYPL and MRSH have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PYPL has higher volatility (7.01%) compared to MRSH (6.91%). In terms of maximum drawdown, PYPL dropped -87.30% vs MRSH's -67.46%.
MRSH currently has the higher Sharpe Ratio (-0.93 vs -1.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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