Marsh McLennan Companies, Inc. reported a revenue of $7.0 billion for the second quarter of 2025, reflecting a 12% increase compared to the same period in 2024. The company achieved an 11% rise in GAAP operating income to $1.8 billion and an adjusted operating income increase of 14% to $2.1 billion. Earnings per share (EPS) for the quarter were $2.45, an 8% increase, while adjusted EPS rose 11% to $2.72. For the first six months of 2025, consolidated revenue reached $14.0 billion, marking an 11% increase on a GAAP basis, with net income attributable to the company of $2.6 billion, or $5.23 per diluted share. Adjusted EPS for the six-month period increased by 8% to $5.78.
Additionally, Marsh McLennan's Risk & Insurance Services segment reported a revenue of $4.6 billion for Q2 2025, up 15% year-over-year, while the Consulting segment generated $2.4 billion, a 7% increase. The company also announced a 10% increase in its quarterly dividend to $0.90 per share, with the next dividend payment scheduled for August 15, 2025. During the second quarter, Marsh McLennan repurchased 1.4 million shares of stock for $300 million, continuing its strategy to return value to shareholders.
linkJul 17, 2025 06:34:57
Marsh McLennan Companies has appointed Bruce Broussard as an independent director on its Board, effective July 9, 2025. This brings the total number of directors to 12. Broussard's extensive experience in the healthcare and insurance sectors, including his role as CEO of Humana from 2013 to 2024, is expected to contribute valuable insights to the Board's discussions and decision-making processes. He also holds positions on several other boards and advocacy organizations, enhancing his profile in the industry.
The appointment aligns with the company's strategy to enrich its Board with diverse industry expertise. The Board's Chair, H. Edward Hanway, and President and CEO, John Doyle, expressed their enthusiasm for Broussard's addition, highlighting his leadership experience and industry knowledge. Marsh McLennan, a leader in risk, strategy, and people, operates globally with annual revenues exceeding $24 billion and employs over 90,000 individuals.
linkJul 09, 2025 16:01:01
Marsh McLennan announced its financial results for the first quarter of 2025, reporting a revenue increase of 9% to $7.1 billion compared to the same period last year. The company achieved an underlying revenue growth of 4%. Operating income rose by 4% to $2.0 billion, while adjusted operating income grew by 8% to $2.2 billion. For the quarter, GAAP earnings per share (EPS) was $2.79, a decrease of 1%, while adjusted EPS increased by 5% to $3.06, benefiting from favorable tax items but facing some headwinds from foreign exchange impacts.
In the Risk & Insurance Services segment, revenue reached $4.8 billion, reflecting an 11% increase, while Consulting revenue was $2.3 billion, up 5%. The company repurchased 1.3 million shares for $300 million and repaid $500 million in senior notes during this quarter. The results highlight the company's continued momentum and resilience in its operations across various markets.
linkApr 17, 2025 07:07:01
Marsh McLennan announced a full-year revenue of $24.5 billion for 2024, reflecting an 8% increase compared to the previous year. The company also reported a 10% growth in adjusted earnings per share (EPS), reaching $8.80, and a 9% increase in net income, totaling $4.1 billion. Notably, the company achieved its largest year of acquisitions in history, enhancing its strategic objectives and overall financial performance.
However, not all segments performed positively. Guy Carpenter experienced a significant revenue decline of 20% in the fourth quarter, although it saw a 5% increase for the full year. Additionally, consulting revenue growth was relatively modest, with a 6% increase on an underlying basis for the year. The company faced headwinds from foreign exchange impacts and reported mixed results across its various business segments, particularly in the Consulting division.
linkJan 30, 2025 07:03:33
Marsh McLennan has successfully completed the acquisition of McGriff Insurance Services, bringing over 3,500 new employees into the Marsh McLennan Agency. This acquisition is expected to enhance Marsh McLennan's capabilities in the middle market, allowing them to provide greater value to clients and expand their reach across the country. The leadership from both companies expressed enthusiasm about the merger, highlighting the potential for improved client service and career growth opportunities for employees within the newly combined organization.
On the other hand, the press release does not provide specific financial details related to the acquisition, such as the purchase price or how this deal will impact Marsh McLennan's financial performance. Additionally, while the integration of McGriff is positioned as beneficial, there may be challenges associated with merging two large organizations, including aligning corporate cultures and systems, which could affect the transition process.
linkNov 15, 2024 16:02:38
Marsh McLennan has reported solid financial results for the third quarter of 2024, showcasing a 6% increase in revenue and an 11% rise in operating income. Their earnings per share also grew by 3%, demonstrating consistent growth across various segments, particularly in Risk & Insurance Services which saw an 8% revenue increase. The company also made a significant move by announcing the acquisition of McGriff Insurance Services, which is expected to enhance their service offerings and market position.
Despite the positive results, the company faced some challenges, particularly in their Consulting segment, which only grew by 3% in revenue. While the overall performance is strong, the slower growth in Consulting may raise concerns about potential market pressures. Additionally, the acquisition of McGriff, while promising, involves substantial cash expenditure and debt financing, which could impact financial flexibility in the short term. Overall, the quarter reflects a mix of robust growth and caution regarding certain segments and future commitments.
linkOct 17, 2024 06:42:11
Marsh McLennan has announced its agreement to acquire McGriff Insurance Services for $7.75 billion, which will significantly enhance its capabilities in various insurance sectors. The acquisition is expected to strengthen Marsh McLennan Agency's position in the market by integrating McGriff's expertise and resources, which includes a workforce of over 3,500 employees. Leaders from both companies expressed enthusiasm about the potential for growth and improved service delivery to clients through this merger.
While the acquisition is promising, it involves a substantial cash payment and debt financing to fund the deal, which may raise concerns about financial stability in the short term. However, the strategic nature of the acquisition and the assumption of a deferred tax asset valued at approximately $500 million could mitigate some risks. Overall, the partnership is viewed positively, with both companies anticipating enhanced capabilities and opportunities for their teams.
linkSep 30, 2024 07:34:49
Marsh McLennan reported a 6% increase in revenue and a 13% growth in operating income in Q2 2024. Adjusted EPS rose by 10%. The company also saw positive growth in its Risk & Insurance Services and Consulting segments. Additionally, they repurchased shares and increased their dividend. Marsh McLennan's CEO expressed confidence in the company's performance and strategic investments, positioning them well for the rest of 2024.
linkJul 18, 2024 07:03:34
Marsh McLennan, a leading professional services firm, has appointed Jan Siegmund to its Board of Directors. Siegmund's extensive experience in corporate finance and strategy is expected to enhance the Board's perspective. The addition aligns with the company's commitment to succession planning and board refreshment. Marsh McLennan operates globally, providing risk advisory, insurance, and consultancy services through its market-leading businesses, employing over 85,000 professionals in 130 countries, with annual revenue of $23 billion.
linkJul 10, 2024 16:07:05
Marsh & McLennan Companies notifies directors and officers of a blackout period for stock transactions due to a plan transition. The blackout period is set to start on July 26, 2024, and end around August 12, 2024. During this period, certain transactions involving MMC Stock are prohibited, and individuals may face penalties for non-compliance. The transition aims to move accounts to a new platform, suspending asset direction and diversification. Restricted individuals must adhere to the blackout trading restrictions, with only specific exemptions allowed.
linkJun 24, 2024 16:02:37