earnings
confidence high
sentiment positive
materiality 0.75
Marsh McLennan Q1 2025 revenue $7.1B (+9% GAAP, +4% underlying); Adj. EPS $3.06, up 5%
MARSH & MCLENNAN COMPANIES, INC.
2025-Q1 EPS reported
$2.79
revenue$7,061,000,000
- GAAP EPS $2.79 (down 1% YoY); Adjusted EPS $3.06 (up 5%) with $0.10 favorable discrete tax items.
- Operating income $2.0B GAAP; Adjusted operating income $2.2B, up 8%.
- Risk & Insurance Services revenue $4.8B (+11% GAAP, +4% underlying); Marsh revenue $3.5B (+15%).
- Consulting revenue $2.3B (+5% GAAP, +4% underlying); Mercer $1.5B, Oliver Wyman $818M.
- Repurchased 1.3M shares for $300M; repaid $500M senior notes maturing in March 2025.