Marsh McLennan Reports Third Quarter 2021 Results
Oct 21, 2021
GAAP Revenue Increases 16%; Underlying Revenue Rises 13%
Growth in GAAP Operating Income of 37% and Adjusted Operating Income of 19%
Third Quarter EPS Rises to $1.05 from $0.62 and Adjusted EPS Increases 32% to $1.08
Nine Months EPS Rises to $4.56 from $3.21 and Adjusted EPS Increases 28% to $4.82
NEW YORK, October 21, 2021 – Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, today reported financial results for the third quarter ended September 30, 2021.
Dan Glaser, President and CEO, said: "We delivered another quarter of excellent results. For the second consecutive quarter, underlying growth was at the highest level in over two decades. We grew underlying revenue by 13%, adjusted operating income by 19%, and adjusted EPS by 32%. For the first nine months of 2021, we achieved 10% underlying revenue growth, 21% adjusted operating income growth, and 28% adjusted EPS growth."
"Given the outstanding quarter and year-to-date performance, we are on track for a terrific year."