Marsh McLennan Income Statement

MRSH / Financials|15 years of annual SEC 10-K data (FY2011-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.

Marsh McLennan reported $27.0B in revenue and $4.2B in net income for FY2025. Revenue has grown at a 6.3% compound annual rate over the past 14 years.

Based on SEC 10-K filings.

Key Data Points

Altman Z-Score 0.96 (distress zone, below 1.8 threshold)
Strong return on equity: 26.9%

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	$27.0B	$24.5B	$22.7B	$20.7B	-	-	-	-	$3.5B	$3.3B	$12.9B	$13.0B	$12.3B	$11.9B	$11.5B
Operating Income	$6.2B	$5.8B	$5.3B	$4.3B	$4.3B	$3.1B	$2.7B	$2.8B	$2.7B	$2.4B	$2.4B	$2.3B	$2.1B	$1.8B	$1.6B
Interest Expense	-	-	$578.0M	$469.0M	$444.0M	$515.0M	$524.0M	$290.0M	$237.0M	$189.0M	$163.0M	$165.0M	$167.0M	$181.0M	$199.0M
Income Tax	$1.3B	$1.4B	$1.2B	$995.0M	$1.0B	$747.0M	$666.0M	$574.0M	$1.1B	$685.0M	$671.0M	$586.0M	$594.0M	$492.0M	$422.0M
Net Income	$4.2B	$4.1B	$3.8B	$3.0B	$3.1B	$2.0B	$1.7B	$1.6B	$1.5B	$1.8B	$1.6B	$1.5B	$1.4B	$1.2B	$993.0M
EPS (Basic)	$8.48	$8.26	$7.60	$6.11	$6.20	$3.98	$3.44	$3.26	$2.91	$3.41	$3.01	$2.69	$2.47	$2.16	$1.82
EPS (Diluted)	$8.43	$8.18	$7.53	$6.04	$6.13	$3.94	$3.41	$3.23	$2.87	$3.38	$2.98	$2.65	$2.43	$2.13	$1.79
Shares Outstanding	494.0M	496.0M	499.0M	505.0M	513.0M	512.0M	511.0M	511.0M	519.0M	524.0M	536.0M	553.0M	558.0M	552.0M	551.0M
Operating Margin	23.1%	23.8%	23.2%	20.7%	-	-	-	-	75.8%	72.9%	18.8%	17.8%	16.9%	15.3%	14.2%
Profit Margin	15.4%	16.6%	16.5%	14.7%	-	-	-	-	42.6%	-	12.4%	11.3%	11.1%	9.9%	8.6%

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

Marsh McLennan Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Revenue

$27.0B

$24.5B

$22.7B

$20.7B

$3.5B

$3.3B

$12.9B

$13.0B

$12.3B

$11.9B

$11.5B

Operating Income

$6.2B

$5.8B

$5.3B

$4.3B

$3.1B

$2.7B

$2.8B

$2.7B

$2.4B

$2.3B

$2.1B

$1.8B

$1.6B

Interest Expense

$578.0M

$469.0M

$444.0M

$515.0M

$524.0M

$290.0M

$237.0M

$189.0M

$163.0M

$165.0M

$167.0M

$181.0M

$199.0M

Income Tax

$1.3B

$1.4B

$1.2B

$995.0M

$1.0B

$747.0M

$666.0M

$574.0M

$1.1B

$685.0M

$671.0M

$586.0M

$594.0M

$492.0M

$422.0M

Net Income

$4.2B

$4.1B

$3.8B

$3.0B

$3.1B

$2.0B

$1.7B

$1.6B

$1.5B

$1.8B

$1.6B

$1.5B

$1.4B

$1.2B

$993.0M

EPS (Basic)

$8.48

$8.26

$7.60

$6.11

$6.20

$3.98

$3.44

$3.26

$2.91

$3.41

$3.01

$2.69

$2.47

$2.16

$1.82

EPS (Diluted)

$8.43

$8.18

$7.53

$6.04

$6.13

$3.94

$3.41

$3.23

$2.87

$3.38

$2.98

$2.65

$2.43

$2.13

$1.79

Shares Outstanding

494.0M

496.0M

499.0M

505.0M

513.0M

512.0M

511.0M

519.0M

524.0M

536.0M

553.0M

558.0M

552.0M

551.0M

Operating Margin

23.1%

23.8%

23.2%

20.7%

75.8%

72.9%

18.8%

17.8%

16.9%

15.3%

14.2%

Profit Margin

15.4%

16.6%

16.5%

14.7%

42.6%

12.4%

11.3%

11.1%

9.9%

8.6%