Marsh McLennan reports second quarter 2024 results

NEW YORK | July 18, 2024

• GAAP Revenue Increases 6%; Underlying Revenue Rises 6%
• Growth in GAAP Operating Income of 13% and Adjusted Operating Income of 11%
• Second Quarter GAAP EPS Rises 10% to $2.27 and Adjusted EPS Increases 10% to $2.41
• Six Months GAAP EPS Rises 12% to $5.08 and Adjusted EPS Increases 12% to $5.30

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 second quarter ended June 30, 2024.

John Doyle, President and CEO, said: "We generated strong results in the second quarter with 6% underlying revenue growth, 10% adjusted EPS growth, and 130 basis points of margin expansion."

"We continued to invest in our talent and capabilities to deliver for clients. We also deployed capital into high quality acquisitions and recently announced a 15% increase in our dividend. Our first half results leave us well positioned for another great year in 2024."