Marsh McLennan Reports Second Quarter 2023 Results

Jul 20, 2023

GAAP Revenue Increases 9%; Underlying Revenue Rises 11%

Growth in GAAP Operating Income of 7% and Adjusted Operating Income of 17%

Second Quarter GAAP EPS Rises 8% to $2.07 and Adjusted EPS Increases 16% to $2.20

Six Months GAAP EPS Rises 13% to $4.55 and Adjusted EPS Increases 13% to $4.74

NEW YORK, July 20, 2023 – 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 second quarter ended June 30, 2023.

Commenting on the results, John Doyle, President and CEO, said: "We delivered another excellent quarter, demonstrating continued momentum and strength across our business. We generated underlying revenue growth of 11%, adjusted EPS growth of 16% and we continued to expand margins."

"I am proud of our performance in the first half of 2023. Our results reflect the strength of our position, the value we deliver to our clients and terrific execution by our colleagues."

Media Contact:
Erick R. Gustafson
Marsh McLennan
+1 202 263 7788

Investor Contact:
Sarah DeWitt
Marsh McLennan
+1 212 345 6750