Marsh & McLennan Companies, Inc.
Marsh & McLennan Reports Solid 2025 Performance
Summary
Marsh & McLennan Companies, Inc. reported solid financial results for the fourth quarter and full year of 2025, with GAAP operating income increasing by 7% to $6.2 billion and adjusted operating income rising by 11% to $7.3 billion. The company saw a 10% increase in full-year revenue, reaching $27.0 billion, and adjusted earnings per share (EPS) increased by 9% to $9.75. The fourth quarter saw GAAP EPS of $1.68 and adjusted EPS of $2.12, with notable growth across its Risk & Insurance Services and Consulting segments. These results follow the successful integration of McGriff and the launch of the Thrive program aimed at improving efficiency.
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About Marsh & McLennan Companies, Inc.
Marsh & McLennan Companies, Inc. is a global professional services firm that operates through two primary business segments: Risk and Insurance Services and Consulting. The company's core function is to provide clients with comprehensive risk management services, insurance brokerage, reinsurance, and investment advisory, aimed at optimizing their risk profiles and ensuring consistent growth with minimized disruptions. Through its subsidiaries, Marsh and Guy Carpenter, the firm offers risk assessment, transfer, and management solutions across numerous industries, including financial institutions, healthcare, and energy sectors. In the Consulting segment, Marsh & McLennan, through Mercer and Oliver Wyman, delivers strategic consulting in human resources, health and benefits, wealth management, and economic advisory services. Established in 1871, with its headquarters in New York City, the company holds a significant market position due to its long-standing expertise, global presence, and diverse range of services that contribute to the stability and growth of its institutional and corporate clientele.
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