---
schema_version: "secwatch.filing_event.v1"
accession: "0000062709-25-000006"
form_type: "8-K"
ticker: "MRSH"
cik: "0000062709"
company_name: "MARSH & MCLENNAN COMPANIES, INC."
filed_at: "2025-01-30T23:59:59+00:00"
generated_at: "2026-05-27T05:59:09.036235+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000062709-25-000006
- form_type: 8-K
- ticker: MRSH
- cik: 0000062709
- company_name: MARSH & MCLENNAN COMPANIES, INC.
- filed_at: 2025-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/62709/000006270925000006/0000062709-25-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/62709/000006270925000006/mmc-20250130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000062709-25-000006
- JSON: https://secwatch.observer/filing/0000062709-25-000006.json
- Plain text: https://secwatch.observer/filing/0000062709-25-000006.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.