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Sep 30, 2020

Marsh & McLennan Q3 2020 Earnings Report

Marsh & McLennan's financial performance remained strong, demonstrating resilience and excellent execution amid uncertainty.

Key Takeaways

Marsh & McLennan reported flat consolidated revenue of $4.0 billion for the third quarter of 2020. Adjusted operating income increased by 9% to $638 million, and adjusted EPS grew by 6% to $0.82. The company's performance reflects its ability to navigate challenging conditions and deliver solid results.

Consolidated revenue was $4.0 billion, flat compared to Q3 2019.

Adjusted operating income increased 9% to $638 million.

Adjusted earnings per share increased 6% to $0.82.

Risk & Insurance Services revenue increased by 4% to $2.3 billion.

Total Revenue
$3.97B
Previous year: $3.97B
+0.0%
EPS
$0.82
Previous year: $0.77
+6.5%
Adj. Operating Inc. Growth
9%
Adj. EPS Growth
6%
Gross Profit
$1.47B
Previous year: $1.53B
-3.8%
Cash and Equivalents
$2.39B
Previous year: $1.21B
+96.9%
Free Cash Flow
$1.34B
Previous year: $927M
+44.9%
Total Assets
$32.7B
Previous year: $31.1B
+5.1%

Marsh & McLennan

Marsh & McLennan

Marsh & McLennan Revenue by Segment

Marsh & McLennan Revenue by Geographic Location

Forward Guidance

No specific forward guidance was provided in the press release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income