Marsh McLennan Reports Third Quarter 2023 Results

Oct 19, 2023

GAAP Revenue Increases 13%; Underlying Revenue Rises 10%

Growth in GAAP Operating Income of 26% and Adjusted Operating Income of 24%

Third Quarter GAAP EPS Rises 36% to $1.47 and Adjusted EPS Increases 33% to $1.57

Nine Months GAAP EPS Rises 18% to $6.01 and Adjusted EPS Increases 17% to $6.31

NEW YORK, October 19, 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 third quarter ended September 30, 2023.

John Doyle, President and CEO, said: "Marsh McLennan's third quarter results were outstanding, reflecting strength across the business. We had another quarter of double-digit underlying revenue growth, strong adjusted EPS growth and margin expansion. We achieved these results while also continuing to make significant investments for the future."

"With our performance through the third quarter, we are on track for another terrific year."

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

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