Inferra AI / Company / MRSH
Marsh McLennan
MRSH · Financials
Last earnings Oct 15, 2026
Key results
Revenuequarter
11%
com News release Exhibit 99.1 Marsh McLennan reports third quarter 2025 results Revenue Growth of 11% Underlying Revenue Growth of 4% GAAP Operating Income Increases 6% Adjusted Operating Income Increases 13% Third Quarter GAAP EPS of $1.51 Adjusted EPS Increases 11% to $1.85 Nine Months GAAP EPS of $6.75 Adjusted EPS Increases 9% to $7.63 NEW YORK , October 16, 2025 Marsh McLennan (NYSE MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the third quarter ended September 30, 2025.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Underlying revenuequarter
4%
com News release Exhibit 99.1 Marsh McLennan reports third quarter 2025 results Revenue Growth of 11% Underlying Revenue Growth of 4% GAAP Operating Income Increases 6% Adjusted Operating Income Increases 13% Third Quarter GAAP EPS of $1.51 Adjusted EPS Increases 11% to $1.85 Nine Months GAAP EPS of $6.75 Adjusted EPS Increases 9% to $7.63 NEW YORK , October 16, 2025 Marsh McLennan (NYSE MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the third quarter ended September 30, 2025.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
GAAP operating incomequarter
6%
com News release Exhibit 99.1 Marsh McLennan reports third quarter 2025 results Revenue Growth of 11% Underlying Revenue Growth of 4% GAAP Operating Income Increases 6% Adjusted Operating Income Increases 13% Third Quarter GAAP EPS of $1.51 Adjusted EPS Increases 11% to $1.85 Nine Months GAAP EPS of $6.75 Adjusted EPS Increases 9% to $7.63 NEW YORK , October 16, 2025 Marsh McLennan (NYSE MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the third quarter ended September 30, 2025.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Adjusted operating incomequarter
13%
com News release Exhibit 99.1 Marsh McLennan reports third quarter 2025 results Revenue Growth of 11% Underlying Revenue Growth of 4% GAAP Operating Income Increases 6% Adjusted Operating Income Increases 13% Third Quarter GAAP EPS of $1.51 Adjusted EPS Increases 11% to $1.85 Nine Months GAAP EPS of $6.75 Adjusted EPS Increases 9% to $7.63 NEW YORK , October 16, 2025 Marsh McLennan (NYSE MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the third quarter ended September 30, 2025.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
EPSquarter
$1.51
com News release Exhibit 99.1 Marsh McLennan reports third quarter 2025 results Revenue Growth of 11% Underlying Revenue Growth of 4% GAAP Operating Income Increases 6% Adjusted Operating Income Increases 13% Third Quarter GAAP EPS of $1.51 Adjusted EPS Increases 11% to $1.85 Nine Months GAAP EPS of $6.75 Adjusted EPS Increases 9% to $7.63 NEW YORK , October 16, 2025 Marsh McLennan (NYSE MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the third quarter ended September 30, 2025.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Overall, we generated 11% revenue growth, or 4% on an underlying basis, as well as 13% growth in adjusted operating income and 11% growth in adjusted EPS.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Consolidated revenuequarter
$6.4 billion
Consolidated Results Consolidated revenue in the third quarter of 2025 was $6.4 billion, an increase of 11% compared with the third quarter of 2024, or 4% on an underlying basis.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Operating incomequarter
6%
Operating income rose 6% to $1.2 billion.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Net incomequarter
$747 million
Net income attributable to the Company was $747 million.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Earnings per share were $1.51.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Adjusted earnings per share increased 11% to $1.85.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Revenueytd
$20.4 billion
1 For the nine months ended September 30, 2025, consolidated revenue was $20.4 billion, an increase of 11% on a GAAP basis or 4% on an underlying basis, compared to the prior year period.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
AI analysis
Q3 2025 · reported Oct 16, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | 11% | — | — |
| Underlying revenue | 4% | — | — |
| GAAP operating income | 6% | — | — |
| Adjusted operating income | 13% | — | — |
| EPS | $1.51 | — | — |
| Consolidated revenue | $6.4 billion | — | — |
| Operating income | 6% | — | — |
| Net income | $747 million | — | — |
Guidance · company-stated
No guidance located in the held release
Capital allocation
2 Other Items The Company repurchased approximately 1.9 million shares of stock for $400 million in the third quarter of 2025.
Through nine months ended September 30, 2025, the Company has repurchased 4.6 million shares of stock for $1.0 billion.
Event summary
John Doyle, President and CEO, said Our third quarter results were solid and tracked with expectations
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
2 Other Items The Company repurchased approximately 1.9 million shares of stock for $400 million in the third quarter of 2025.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Through nine months ended September 30, 2025, the Company has repurchased 4.6 million shares of stock for $1.0 billion.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Strategy & priorities
com News release Exhibit 99.1 Marsh McLennan reports third quarter 2025 results Revenue Growth of 11% Underlying Revenue Growth of 4% GAAP Operating Income Increases 6% Adjusted Operating Income Increases 13% Third Quarter GAAP EPS of $1.51 Adjusted EPS Increases 11% to $1.85 Nine Months GAAP EPS of $6.75 Adjusted EPS Increases 9% to $7.63 NEW YORK , October 16, 2025 Marsh McLennan (NYSE MMC), the world's leading professional services firm in the areas of risk, strategy and people, today reported financial results for the third quarter ended September 30, 2025.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
About Marsh McLennan Marsh McLennan (NYSE MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses Marsh, Guy Carpenter, Mercer and Oliver Wyman.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Costs in 2024 include severance and lease exit charges for activities focused on workforce actions, rationalization of technology and functional resources, and reductions in real estate.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
Reinsurance, the Company's reinsurance intermediary and advisor, provides specialized reinsurance broking, strategic advisory and actuarial services, and analytics solutions.
SEC original ↗Marsh McLennan — 10-Q Quarterly report10-QOct 15, 2026
The Consulting segment includes investments and retirement, health and benefits, and workforce and rewards solutions and products, and specialized management, strategic, economic and brand consulting services conducted through People and Investments and Management Consulting.
SEC original ↗Marsh McLennan — 10-Q Quarterly report10-QOct 15, 2026
Risks & headwinds
Forward-looking statements are subject to inherent risks and uncertainties that could cause actual results to differ materially from those expressed or implied in our forward-looking statements.
SEC original ↗Marsh McLennan — Earnings release (8-K exhibit)EX-99Oct 16, 2025
LEGAL PROCEEDINGS 63 ITEM 1A.
SEC original ↗Marsh McLennan — 10-Q Quarterly report10-QOct 15, 2026
The Company also considered the potential impact of geopolitical, macroeconomic and other external factors including the conflict in the Middle East and other wars and global conflicts, social unrest, tariffs or changes in trade policies, slower GDP growth or recession, fluctuations in foreign exchange rates, lower interest rates, capital markets volatility, inflation, changes in insurance premium rates to its customer base in various industries and geographies, and extreme weather events.
SEC original ↗Marsh McLennan — 10-Q Quarterly report10-QOct 15, 2026
The Company has appealed the assessments and resolving this matter through litigation or alternative dispute resolution may take several years.
SEC original ↗Marsh McLennan — 10-Q Quarterly report10-QOct 15, 2026
multinational companies from certain of the Pillar Two provisions, uncertainty remains related to the implementation of this arrangement.
SEC original ↗Marsh McLennan — 10-Q Quarterly report10-QOct 15, 2026
The estimation of fair value requires numerous judgments, assumptions and estimates about future events and uncertainties, which could materially impact these values, and the related amortization, where applicable, in the Company s results of operations.
SEC original ↗Marsh McLennan — 10-Q Quarterly report10-QOct 15, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
62 documents- Q3 2026
- 8-KMRSH
Oct 27, 2026
- 10-QMRSH
Oct 15, 2026
- 8-KMRSH
Oct 15, 2026
- Q2 2026
- 10-QMRSH
Jul 21, 2026
- 8-KMRSH
Jul 21, 2026
- Q1 2026
- 8-KMRSH
Jun 4, 2026
- 8-KMRSH
May 22, 2026
- 10-QMRSH
Apr 16, 2026
- 8-KMRSH
Apr 16, 2026
- 8-KMRSH
Apr 14, 2026
- Q4 2025
- 8-KMRSH
Mar 10, 2026
- 8-KMRSH
Feb 25, 2026
- 8-KMRSH
Feb 19, 2026
- 10-KMRSH
Feb 9, 2026
- 8-KMRSH
Jan 29, 2026
- 8-KMRSH
Jan 14, 2026
- Q3 2025
- 10-QMRSH
Oct 16, 2025
- 8-KMRSH
Oct 16, 2025
- Q2 2025
- 10-QMRSH
Jul 17, 2025
- 8-KMRSH
Jul 17, 2025
- 8-KMRSH
Jul 9, 2025
- EX-99MRSH
Jul 9, 2025
- Q1 2025
- 8-KMRSH
May 19, 2025
- 10-QMRSH
Apr 17, 2025
- 8-KMRSH
Apr 17, 2025
- Q4 2024
- 10-KMRSH
Feb 10, 2025
- 8-KMRSH
Jan 30, 2025
- Q3 2024
- 8-KMRSH
Nov 15, 2024
- 8-KMRSH
Nov 8, 2024
- 10-QMRSH
Oct 17, 2024
- 8-KMRSH
Oct 17, 2024
- Q2 2024
- 8-KMRSH
Sep 30, 2024
- 8-KMRSH
Jul 18, 2024
- 10-QMRSH
Jul 18, 2024
- 8-KMRSH
Jul 10, 2024
- Q1 2024
- 8-KMRSH
Jun 24, 2024
- 8-KMRSH
May 17, 2024
- 8-KMRSH
Apr 18, 2024
- 10-QMRSH
Apr 18, 2024
- Q4 2023
- 8-KMRSH
Mar 14, 2024
- 8-KMRSH
Feb 23, 2024
- 8-KMRSH
Feb 20, 2024
- 10-KMRSH
Feb 12, 2024
- 8-KMRSH
Feb 9, 2024
- 8-KMRSH
Jan 25, 2024
- Q3 2023
- 8-KMRSH
Oct 19, 2023
- 10-QMRSH
Oct 19, 2023
- 8-KMRSH
Oct 12, 2023
- Q2 2023
- 8-KMRSH
Sep 11, 2023
- 8-KMRSH
Jul 20, 2023
- 10-QMRSH
Jul 20, 2023
- Q1 2023
- 8-KMRSH
Jun 12, 2023
- 8-KMRSH
May 22, 2023
- 8-KMRSH
Apr 20, 2023
- 10-QMRSH
Apr 20, 2023
- Q4 2022
- 8-KMRSH
Mar 29, 2023
- 8-KMRSH
Mar 9, 2023
- 10-KMRSH
Feb 13, 2023
- 8-KMRSH
Jan 26, 2023
- Q3 2022
- 8-K/AMRSH
Nov 14, 2022
- 8-KMRSH
Oct 31, 2022
- 8-KMRSH
Oct 27, 2022
Earnings releases
22 documents- Q3 2026
- EX-99MRSH
Oct 15, 2026
- Q2 2026
- EX-99MRSH
Jul 21, 2026
- Q1 2026
- EX-99MRSH
Apr 16, 2026
- EX-99MRSH
Apr 14, 2026
- Q4 2025
- EX-99MRSH
Mar 10, 2026
- EX-99MRSH
Feb 25, 2026
- EX-99MRSH
Jan 29, 2026
- Q3 2025
- EX-99MRSH
Oct 16, 2025
- Q2 2025
- EX-99MRSH
Jul 17, 2025
- Q1 2025
- EX-99MRSH
Apr 17, 2025
- Q4 2024
- EX-99MRSH
Jan 30, 2025
- Q3 2024
- EX-99MRSH
Nov 15, 2024
- EX-99MRSH
Oct 17, 2024
- Q2 2024
- EX-99MRSH
Jul 18, 2024
- EX-99MRSH
Jul 10, 2024
- Q1 2024
- EX-99MRSH
Jun 24, 2024
- EX-99MRSH
Apr 18, 2024
- Q4 2023
- EX-99MRSH
Jan 25, 2024
- Q3 2023
- EX-99MRSH
Oct 19, 2023
- Q2 2023
- EX-99MRSH
Jul 20, 2023
- Q1 2023
- EX-99MRSH
Apr 20, 2023
- Q4 2022
- EX-99MRSH
Jan 26, 2023
Presentations
0 documentsNo presentations for Marsh McLennan are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Marsh McLennan are held in this edition of the library.
Mentioned by
6 companiesOther tracked companies whose held documents mention Marsh McLennan by name or ticker. A mention is counted once per document, from the document text the library holds.
“(14) (10) Sales of long-term investments… …LIABILITIES AND EQUITY $ 58,552 $ 58,710 9 Marsh & McLennan Companies, Inc. Consolidated Statements of Cash Flows (Millions) (Unaudited) Three Months Ended March 31, 2026 2025 Operating cash flows:”
“34) (23) Sales of long-term investments… …LIABILITIES AND EQUITY $ 59,806 $ 58,710 12 Marsh & McLennan Companies, Inc. Consolidated Statements of Cash Flows (Millions) (Unaudited) Nine Months Ended September 30, 2026 2025 Operating cash flo”
“…Investor contact: Jay Gelb Marsh McLennan +1 212 345 1569 [email protected] Marsh McLennan completes acquisition of McGriff Insurance Services NEW YORK , November 15, 2024 – Marsh McLennan (NYSE: MMC), a global leader…”
“15) (18) Sales of long-term investments… …LIABILITIES AND EQUITY $ 59,682 $ 58,710 12 Marsh & McLennan Companies, Inc. Consolidated Statements of Cash Flows (Millions) (Unaudited) Six Months Ended June 30, 2026 2025 Operating cash flows: ”
“…said: "This was a milestone quarter for Marsh McLennan as we delivered strong results and announced the acquisition of McGriff Insurance Services. Our performance demonstrated continued momentum, with”
“(14) (10) Sales of long-term investments… …LIABILITIES AND EQUITY $ 58,552 $ 58,710 9 Marsh & McLennan Companies, Inc. Consolidated Statements of Cash Flows (Millions) (Unaudited) Three Months Ended March 31, 2026 2025 Operating cash flows:”
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