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Press release

Marsh McLennan reports fourth quarter and full year 2024 results

NEW YORK | January 30, 2025

  • Full-Year Revenue Growth of 8%; Underlying Revenue Growth of 7%
  • Full-Year GAAP Operating Income Increases 10%; Adjusted Operating Income Increases 11%
  • Full-Year GAAP EPS of $8.18; Adjusted EPS Increases 10% to $8.80
  • Fourth Quarter GAAP EPS of $1.59; Adjusted EPS Increases 11% to $1.87

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 fourth quarter and year ended December 31, 2024.

John Doyle, President and CEO, said: "Our fourth quarter results capped a terrific year for Marsh McLennan. We delivered on our strategic objectives, generated excellent financial performance, and had the largest year of acquisitions in our history. For the full year, we generated 7% underlying revenue growth, 10% adjusted EPS growth and 80 basis points of adjusted margin expansion, marking our 17th consecutive year of reported margin expansion."

"We are well positioned for another strong year in 2025, reflecting our unique capabilities and the enduring value we bring to clients."

Contacts

Erick Gustafson

Chief Public Affairs Officer, Marsh

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.