MRSH Q1 2023 Earnings — Marsh & McLennan Companies, Inc. Revenue & Financial Results | Market Cap Arena

MRSHMarsh & McLennan Companies, Inc.

$86B

Q1 2023 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$5.9B+6.8% YoY

Gross Profit

$2.7B45.9% margin

Operating Income

$1.7B29.1% margin

Net Income

$1.2B20.8% margin

EPS (Diluted)

$2.47

QoQ Revenue Growth

+18.0%

Cash Flow

Operating Cash Flow

-$819M

Free Cash Flow

-$903M

Stock-Based Comp.

$99M

Balance Sheet

Total Assets

$34.4B

Total Liabilities

$23.2B

Stockholders' Equity

$11.0B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.9B	$5.5B	+6.8%
Gross Profit	$2.7B	$2.4B	+10.9%
Operating Income	$1.7B	$1.4B	+19.4%
Net Income	$1.2B	$1.1B	+15.3%

Revenue Segments

Risk and Insurance Services Segment

$3.9B66%

Consulting Segment

$2.0B34%