Marsh & McLennan Companies, Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 19.82B | 20.72B | 22.74B | 24.46B | 26.98B | 10.3% | |
| Cost of Revenue | (11.43B) | (12.07B) | (13.10B) | (14.00B) | (15.58B) | 11.3% | |
Gross Profit | 8.39B | 8.65B | 9.64B | 10.46B | 11.40B | 9.0% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | — | — | — | — | — | — | |
| Depreciation & Amortization | (747.00M) | (719.00M) | (713.00M) | (746.00M) | (910.00M) | 22.0% | |
Operating Income (EBIT) | 4.31B | 4.28B | 5.28B | 5.82B | 6.22B | 7.0% | |
| Non-Operating Items | |||||||
| Interest Income | 2.00M | 15.00M | 78.00M | 83.00M | 48.00M | -42.2% | |
| Interest Expense | (444.00M) | (469.00M) | (578.00M) | (700.00M) | (960.00M) | 37.1% | |
| Other Income/Expenses (Net) | -104.00M | -198.00M | -256.00M | -337.00M | -684.00M | 103.0% | |
Income Before Tax | 4.21B | 4.08B | 5.03B | 5.48B | 5.54B | 1.1% | |
| Income Tax Expense | (1.03B) | (995.00M) | (1.22B) | (1.36B) | (1.30B) | -4.3% | |
Net Income | 3.14B | 3.05B | 3.76B | 4.06B | 4.16B | 2.5% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $6 | $6 | $8 | $8 | $8 | 2.8% | |
| Weighted Avg Shares Outstanding | 507.00M | 499.00M | 494.00M | 492.00M | 487.00M | -1.0% | |
| Weighted Avg Shares Outstanding (Diluted) | 513.00M | 505.00M | 499.00M | 496.00M | 490.00M | -1.2% | |
EBITDA | 5.40B | 5.27B | 6.32B | 6.93B | 7.39B | 6.8% |
Explore MRSH
MRSH in the Financial Services
Large Cap