MRSH Q2 2024 Earnings — Marsh & McLennan Companies, Inc. Revenue & Financial Results | Market Cap Arena

MRSHMarsh & McLennan Companies, Inc.

$86B

Q2 2024 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$6.2B+5.9% YoY

Gross Profit

$2.8B44.5% margin

Operating Income

$1.6B26.4% margin

Net Income

$1.1B18.1% margin

EPS (Diluted)

$2.27

QoQ Revenue Growth

-3.9%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$1.1B

Stock-Based Comp.

$90M

Balance Sheet

Total Assets

$48.6B

Total Liabilities

$35.0B

Stockholders' Equity

$13.4B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.2B	$5.9B	+5.9%
Gross Profit	$2.8B	$2.5B	+9.0%
Operating Income	$1.6B	$1.5B	+12.7%
Net Income	$1.1B	$1.0B	+8.7%

Revenue Segments

Risk and Insurance Services Segment

$4.0B64%

Consulting Segment

$2.2B36%