MRSH Q1 2024 Earnings — Marsh & McLennan Companies, Inc. Revenue & Financial Results | Market Cap Arena

MRSHMarsh & McLennan Companies, Inc.

$86B

Q1 2024 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$6.5B+9.3% YoY

Gross Profit

$3.0B46.4% margin

Operating Income

$1.9B29.7% margin

Net Income

$1.4B21.6% margin

EPS (Diluted)

$2.82

QoQ Revenue Growth

+16.5%

Cash Flow

Operating Cash Flow

-$781M

Free Cash Flow

-$868M

Stock-Based Comp.

$103M

Balance Sheet

Total Assets

$47.6B

Total Liabilities

$35.0B

Stockholders' Equity

$12.4B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.5B	$5.9B	+9.3%
Gross Profit	$3.0B	$2.7B	+10.5%
Operating Income	$1.9B	$1.7B	+11.5%
Net Income	$1.4B	$1.2B	+13.4%

Revenue Segments

Risk and Insurance Services Segment

$4.3B66%

Consulting Segment

$2.2B34%