Marsh McLennan (MMC) Reports Q2 2025 Results Summary

# Marsh McLennan (MMC) Reports Q2 2025 Results on NYSE

**Release Date:** July 17, 2025

Marsh McLennan (NYSE: MMC) has announced its financial results for the second quarter ended June 30, 2025, showcasing substantial growth across various metrics. Below is a summary of the highlights from the report:

## Key Financial Metrics

– **Consolidated Results:**
– **Total Revenue:** $7.0 billion
– **Growth:** +12% compared to Q2 2024
– **Underlying Revenue Growth:** +4%
– **Operating Income:** $1.8 billion
– **Growth:** +11%
– **Adjusted Operating Income:** $2.1 billion
– **Growth:** +14%
– **Net Income:** $1.2 billion
– **GAAP EPS:** $2.45
– **Growth:** +8%
– **Adjusted EPS:** $2.72
– **Growth:** +11%

– **Six-Month Results:**
– **Total Revenue:** $14.0 billion
– **Growth:** +11% on a GAAP basis
– **Underlying Revenue Growth:** +4%
– **Operating Income:** $3.8 billion
– **Growth:** +7%
– **Adjusted Operating Income:** $4.3 billion
– **Growth:** +11%
– **Net Income:** $2.6 billion
– **GAAP EPS:** $5.23
– **Growth:** +3%
– **Adjusted EPS:** $5.78
– **Growth:** +8%

## Segment Performance

– **Risk & Insurance Services:**
– **Revenue:** $4.6 billion
– **Growth:** +15%
– **Underlying Growth:** +4%
– **Operating Income:** $1.4 billion
– **Growth:** +11%
– **Adjusted Operating Income:** $1.6 billion
– **Growth:** +16%

– **Consulting Services:**
– **Revenue:** $2.4 billion
– **Growth:** +7%
– **Underlying Growth:** +3%
– **Operating Income:** $456 million
– **Growth:** +11%
– **Adjusted Operating Income:** $479 million
– **Growth:** +9%

### Sub-segment Revenue:
– **Marsh:**
– **Revenue:** $3.8 billion
– **Growth:** +18%
– **Underlying Growth:** +5%
– **Guy Carpenter:**
– **Revenue:** $677 million
– **Growth:** +7%
– **Underlying Growth:** +5%
– **Mercer:**
– **Revenue:** $1.5 billion
– **Growth:** +9%
– **Underlying Growth:** +3%
– **Oliver Wyman:**
– **Revenue:** $873 million
– **Growth:** +5%
– **Underlying Growth:** +3%

## Capital Return Actions

– **Dividend Increase:**
– **Declared Dividend:** Increased by 10% to $0.900 per share
– **Payment Date:** Payable on August 15, 2025

– **Share Repurchase:**
– **Repurchased Shares:** 1.4 million shares for $300 million in Q2 2025
– **Total Repurchased in Six Months:** 2.7 million shares for $600 million

## Conclusion

Marsh McLennan’s performance in Q2 2025 demonstrates robust growth across its services with meaningful contributions from both revenue and adjusted income. The company continues to enhance shareholder value through increased dividend distributions and share repurchases.

Here are the extracted tables in HTML format:

### Consolidated Statements of Income (In millions, except per share data)

### Consolidated Balance Sheets (In millions)