How did Marsh & McLennan's revenue and expenses trend in Q4 2024?
4/14/2025 05:24pm
Marsh & McLennan's revenue and expenses in Q4 2024 showed the following trends:
1. **Revenue by Business Segment**:
- Risk and Insurance Services generated $15.4 billion in revenue.
- Marsh, within the Risk and Insurance Services segment, contributed $12.85 billion.
- Consulting services brought in $9.45 billion.
- Consulting services, part of the business, generated $9.13 billion.
- Mercer, a business segment, produced $6.69 billion in revenue.
- Mercer, another business segment, contributed $5.74 billion.
- Oliver Wyman Group, a business segment, generated $4.26 billion.
- Guy Carpenter, a business segment, produced $3.39 billion.
2. **Net Income**: The company reported a net income of $801 million for the quarter.
3. **Operating Expenses**: The operating expenses for the quarter were not provided. However, the net income of $801 million suggests that the company managed its expenses effectively to achieve a positive net income.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|MMC|MMC.N|Marsh & Mclennan|20240101-2024|Corporate/Eliminations|-7.0E7|169|
|MMC|MMC.N|Marsh & Mclennan|20240101-2024|Corporate/Eliminations|-4.9E7|169|
|MMC|MMC.N|Marsh & Mclennan|20240101-2024|Corporate/Eliminations|-3.1E7|169|
|MMC|MMC.N|Marsh & Mclennan|20240101-2024|Corporate/Eliminations|-1.4E7|169|
|MMC|MMC.N|Marsh & Mclennan|20240101-2024|Risk and Insurance Services|4.273E9|169|
|MMC|MMC.N|Marsh & Mclennan|20240101-2024|Consulting|2.214E9|169|
|MMC|MMC.N|Marsh & Mclennan|20240101-2024|Corporate/Eliminations|-1.4E7|169|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|MMC|MMC.N|Marsh & Mclennan|2024 Q1|13.738019169329075|1.424E9|169|
|MMC|MMC.N|Marsh & Mclennan|2024 Q2|8.882521489971348|1.14E9|169|
|MMC|MMC.N|Marsh & Mclennan|2024 Q3|1.8970189701897018|7.52E8|169|
|MMC|MMC.N|Marsh & Mclennan|2024 Q4|4.705882352941177|8.01E8|169|
In summary, Marsh & McLennan's revenue in Q4 2024 was strong, with significant contributions from various business segments. The company's effective expense management resulted in a net income of $801 million for the quarter.