Marsh & McLennan (MMC) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
24.5B
Gross Profit
10.5B
42.78%
Operating Income
5.8B
23.78%
Net Income
4.1B
16.83%
EPS (Diluted)
$8.18
Balance Sheet Metrics
Total Assets
56.5B
Total Liabilities
42.9B
Shareholders Equity
13.5B
Debt to Equity
3.17
Cash Flow Metrics
Operating Cash Flow
4.3B
Free Cash Flow
4.0B
Revenue & Profitability Trend
Marsh & McLennan Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 24.5B | 22.7B | 20.7B | 19.8B | 17.2B |
| Cost of Goods Sold | 14.0B | 13.1B | 12.1B | 11.4B | 10.1B |
| Gross Profit | 10.5B | 9.6B | 8.6B | 8.4B | 7.1B |
| Operating Expenses | 4.6B | 4.4B | 4.4B | 4.1B | 4.0B |
| Operating Income | 5.8B | 5.3B | 4.3B | 4.3B | 3.1B |
| Pre-tax Income | 5.5B | 5.0B | 4.1B | 4.2B | 2.8B |
| Income Tax | 1.4B | 1.2B | 995.0M | 1.0B | 747.0M |
| Net Income | 4.1B | 3.8B | 3.1B | 3.2B | 2.0B |
| EPS (Diluted) | $8.18 | $7.53 | $6.04 | $6.13 | $3.94 |
Income Statement Trend
Marsh & McLennan Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 22.1B | 21.7B | 19.0B | 8.3B | 8.2B |
| Non-Current Assets | 34.4B | 26.3B | 25.2B | 26.1B | 24.9B |
| Total Assets | 56.5B | 48.0B | 44.1B | 34.4B | 33.0B |
| Liabilities | |||||
| Current Liabilities | 19.5B | 19.8B | 17.8B | 6.7B | 6.6B |
| Non-Current Liabilities | 23.4B | 15.9B | 15.5B | 16.5B | 17.2B |
| Total Liabilities | 42.9B | 35.7B | 33.4B | 23.2B | 23.8B |
| Equity | |||||
| Total Shareholders Equity | 13.5B | 12.4B | 10.7B | 11.2B | 9.3B |
Balance Sheet Composition
Marsh & McLennan Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 4.1B | 3.8B | 3.1B | 3.2B | 2.0B |
| Operating Cash Flow | 4.3B | 4.1B | 3.4B | 3.5B | 3.0B |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | 6.0M |
| Investing Cash Flow | -8.5B | -1.0B | -380.0M | -758.0M | -546.0M |
| Financing Activities | |||||
| Dividends Paid | -1.5B | -1.3B | -1.1B | -1.0B | -943.0M |
| Financing Cash Flow | 4.5B | -1.3B | -1.0B | -1.3B | 75.0M |
| Free Cash Flow | 4.0B | 3.8B | 3.0B | 3.1B | 3.0B |
Cash Flow Trend
Marsh & McLennan Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
26.88
Forward P/E
23.24
Price to Book
7.68
Price to Sales
4.31
PEG Ratio
23.24
Profitability Ratios
Profit Margin
16.13%
Operating Margin
30.44%
Return on Equity
30.53%
Return on Assets
7.93%
Financial Health
Current Ratio
1.14
Debt to Equity
157.13
Beta
0.83
Per Share Data
EPS (TTM)
$8.15
Book Value per Share
$28.55
Revenue per Share
$50.91
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| mmc | 108.0B | 26.88 | 7.68 | 30.53% | 16.13% | 157.13 |
| Arthur J. Gallagher | 83.0B | 50.02 | 3.72 | 9.30% | 13.86% | 60.05 |
| Aon plc | 76.6B | 30.68 | 10.94 | 72.01% | 15.58% | 254.47 |
| Brown & Brown | 36.6B | 30.90 | 4.67 | 16.52% | 21.21% | 59.03 |
| Willis Towers Watson | 30.1B | 29.11 | 3.70 | -0.48% | -0.54% | 72.17 |
| Erie Indemnity | 18.7B | 30.40 | 9.03 | 32.38% | 15.73% | 0.62 |
Financial data is updated regularly. All figures are in the company's reporting currency.