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Dec 31, 2019

Marsh & McLennan Q4 2019 Earnings Report

Marsh & McLennan's Q4 2019 financial results reflected revenue increase and adjusted EPS growth.

Key Takeaways

Marsh & McLennan Companies reported a consolidated revenue increase of 15% to $4.3 billion in Q4 2019. The company's GAAP EPS rose to $0.76, and adjusted EPS grew by 9% to $1.19.

Consolidated revenue increased by 15% to $4.3 billion, with underlying revenue growth of 3%.

Operating income was $592 million, while adjusted operating income rose 17% to $856 million.

Net income attributable to the company was $391 million, or $0.76 per diluted share.

Adjusted earnings per share increased 9% to $1.19.

Total Revenue
$4.26B
Previous year: $3.71B
+14.9%
EPS
$1.19
Previous year: $1.09
+9.2%
Gross Profit
$1.79B
Previous year: $1.55B
+15.3%
Cash and Equivalents
$1.16B
Previous year: $1.07B
+8.3%
Free Cash Flow
$933M
Previous year: $1.02B
-8.3%
Total Assets
$31.4B
Previous year: $21.6B
+45.3%

Marsh & McLennan

Marsh & McLennan

Marsh & McLennan Revenue by Segment

Marsh & McLennan Revenue by Geographic Location

Forward Guidance

No specific forward guidance provided in the release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income