---
schema_version: "secwatch.filing_event.v1"
accession: "0000062709-26-000014"
form_type: "8-K"
ticker: "MRSH"
cik: "0000062709"
company_name: "MARSH & MCLENNAN COMPANIES, INC."
filed_at: "2026-01-29T23:59:59+00:00"
generated_at: "2026-05-16T06:40:51.493900+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Marsh Q4 2025 adj EPS $2.12 (+10% YoY); full-year rev $27B (+10%)

## Summary
- Q4 GAAP EPS $1.68; adjusted EPS $2.12 (up 10% YoY) on revenue $6.6B (+9% GAAP, +4% underlying).
- Full-year 2025 GAAP EPS $8.43; adjusted EPS $9.75 (up 9%) on revenue $27.0B (+10% GAAP, +4% underlying).
- Risk & Insurance Services segment: Q4 revenue $4.0B (+9%), FY revenue $17.3B (+12%); adjusted operating income up 11% in Q4.
- Consulting segment: Q4 revenue $2.6B (+8%), FY revenue $9.8B (+7%); Mercer wealth revenue grew 5% underlying in Q4.
- Repurchased 10.1M shares for $2.0B in 2025; NYSE ticker changed to MRSH on January 14, 2026.

## SEC filing metadata
- accession: 0000062709-26-000014
- form_type: 8-K
- ticker: MRSH
- cik: 0000062709
- company_name: MARSH & MCLENNAN COMPANIES, INC.
- filed_at: 2026-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/62709/000006270926000014/0000062709-26-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/62709/000006270926000014/mmc-20260129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000062709-26-000014
- JSON: https://secwatch.observer/filing/0000062709-26-000014.json
- Plain text: https://secwatch.observer/filing/0000062709-26-000014.txt

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