Marsh McLennan Q4 2023: revenue up 11% to $5.6B; adj EPS $1.68 (+14%); full-year margin expands 130bps

MARSH & MCLENNAN COMPANIES, INC.

2023-FY EPS reported $7.53 revenue$22,736,000,000

Full-year 2023 revenue $22.7B (+10%); underlying growth 9%; GAAP EPS $7.53; adj EPS $7.99 (+17%).
Q4 revenue $5.6B (+11%); GAAP EPS $1.52 (+63%); adj EPS $1.68 (+14%).
Risk & Insurance Services Q4 rev $3.3B (+11%); Marsh underlying +6%, Guy Carpenter underlying +9%.
Consulting Q4 rev $2.3B (+10%); Mercer underlying +5%, Oliver Wyman underlying +9%.
Repurchased 1.3M shares for $250M in Q4; Honan Insurance Group acquisition completed in November.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MARSH & MCLENNAN COMPANIES, INC. reported the year ended December 31, 2023 results: revenue $22.7 billion, net income $3.8 billion, EPS $7.53.

Period: the year ended December 31, 2023
Revenue: $22.7 billion
Net income: $3.8 billion
EPS: $7.53
Result: reported results

Exact text from the filing

to the Company was $756 million. Earnings per share increased 63% to $1.52. Adjusted earnings per share increased 14% to $1.68. 1 For the full year 2023, revenue was $22.7 billion, an increase of 10% compared with 2022, or 9% on an underlying basis. Operating income was $5.3 billion, and adjusted operating income rose 17% to $5.6 billion. Net income

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MARSH & MCLENNAN COMPANIES, INC. reported the fourth quarter ended December 31, 2023 results: revenue $5.6 billion, net income $756 million, EPS $1.52.

Period: the fourth quarter ended December 31, 2023
Revenue: $5.6 billion
Net income: $756 million
EPS: $1.52
Result: reported results

Exact text from the filing

Consolidated revenue in the fourth quarter of 2023 was $5.6 billion

View on SEC.gov

Browse all earnings releases →

MARSH & MCLENNAN COMPANIES, INC. filing history →

Source: SEC EDGAR

accession 0000062709-24-000005

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.