MMC Q4 adjusted EPS $1.87 (+11% YoY); full-year revenue $24.5B (+8%)

MARSH & MCLENNAN COMPANIES, INC.

2024-FY EPS reported $8.18 revenue$24,458,000,000

Full-year revenue $24.5B (+8% YoY); underlying growth 7%; GAAP EPS $8.18; adjusted EPS $8.80 (+10%).
Q4 revenue $6.1B (+9%); GAAP EPS $1.59 (+5%); adjusted EPS $1.87 (+11%) with $0.05 discrete tax benefit.
Risk & Insurance Services Q4 revenue $3.6B (+11%); Consulting $2.4B (+6%).
Completed $7.75B acquisition of McGriff (Nov 2024), funded by $7.25B senior notes.
Repurchased 4.3M shares for $900M in 2024; 17th consecutive year of margin expansion.

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