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Dec 31, 2020

Marsh & McLennan Q4 2020 Earnings Report

Marsh & McLennan reported mixed results with revenue increase, but operating income and EPS decrease in Q4 2020.

Key Takeaways

Marsh & McLennan reported a 4% increase in consolidated revenue to $4.4 billion, but operating income decreased to $571 million. Net income attributable to the company was $374 million, with a GAAP EPS of $0.73 and an adjusted EPS of $1.19.

Consolidated revenue increased by 4% to $4.4 billion, with underlying revenue growth of 1%.

Operating income was $571 million, compared to $592 million in the prior year period.

Net income attributable to the company was $374 million, or $0.73 per diluted share.

Adjusted earnings per share remained flat at $1.19.

Total Revenue
$4.42B
Previous year: $4.26B
+3.6%
EPS
$1.19
Previous year: $1.19
+0.0%
Gross Profit
$1.77B
Previous year: $1.79B
-1.1%
Cash and Equivalents
$2.09B
Previous year: $1.16B
+80.9%
Free Cash Flow
$1.31B
Previous year: $933M
+40.7%
Total Assets
$33B
Previous year: $31.4B
+5.4%

Marsh & McLennan

Marsh & McLennan

Marsh & McLennan Revenue by Segment

Marsh & McLennan Revenue by Geographic Location

Forward Guidance

Marsh & McLennan is well positioned for growth in 2021.

Revenue & Expenses

Visualization of income flow from segment revenue to net income