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Press release

Marsh McLennan reports second quarter 2025 results

NEW YORK | July 17, 2025

  • Revenue Growth of 12%; Underlying Revenue Growth of 4%
  • GAAP Operating Income Increases 11%; Adjusted Operating Income Increases 14%
  • Second Quarter GAAP EPS of $2.45; Adjusted EPS Increases 11% to $2.72
  • Six Months GAAP EPS of $5.23; Adjusted EPS Increases 8% to $5.78 

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, 2025.

John Doyle, President and CEO, said: "We had another solid quarter with 12% revenue growth reflecting continued momentum across our business and the contribution from acquisitions. We generated 4% underlying revenue growth, 14% growth in adjusted operating income, and 11% growth in adjusted EPS. In addition, we recently announced a 10% increase in our dividend."

"Our performance demonstrates the enduring value we provide to clients, as well as our consistent execution in a complex and dynamic environment." 

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.