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NEW YORK | April 18, 2024
- GAAP Revenue Increases 9%; Underlying Revenue Rises 9%
- Growth in GAAP Operating Income of 12% and Adjusted Operating Income of 11%
- First Quarter GAAP EPS Rises 14% to $2.82 and Adjusted EPS Increases 14% to $2.89
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 first quarter ended March 31, 2024.
John Doyle, President and CEO, said: "We had a terrific start to the year, reflecting continued momentum across our business. For the quarter, we generated 9% underlying revenue growth, 14% adjusted EPS growth, and 80 basis points of margin expansion. With this strong start, we are well positioned for another good year in 2024."
"I am proud of our colleagues' dedication as they focus on helping our clients thrive in a complex and dynamic environment."
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About Marsh
Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.