secwatch.observer — SEC 8-K summary
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Issuer:     MARSH & MCLENNAN COMPANIES, INC. (MRSH)
CIK:        0000062709
Form:       8-K
Filed at:   2025-01-30T23:59:59+00:00
Accession:  0000062709-25-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/62709/000006270925000006/0000062709-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/62709/000006270925000006/mmc-20250130.htm
  HTML page:      https://secwatch.observer/filing/0000062709-25-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer