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Jun 30, 2020
Marsh & McLennan Q2 2020 Earnings Report
Marsh & McLennan's financial results for Q2 2020 were reported, showing a mix of revenue decreases and income increases amidst the pandemic.
Key Takeaways
Marsh & McLennan Companies reported a decrease in consolidated revenue by 4% to $4.2 billion, but an increase in operating income by 30% to $885 million for the second quarter of 2020. Adjusted operating income rose by 10% to $984 million, and adjusted earnings per share increased by 12% to $1.32. The company recognized a $36 million reduction to previously recorded revenue due to the economic crisis impact on exposure units.
Consolidated revenue decreased by 4%, with a 2% decline on an underlying basis.
Operating income increased by 30% to $885 million.
Adjusted operating income rose by 10% to $984 million.
Adjusted earnings per share increased by 12% to $1.32.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
No specific forward guidance was provided in the document.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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