OverviewSuggest Edit

Marsh & McLennan Companies is a professional services firm, provides advice and solutions in the areas of risk, strategy, and people. It operates through two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, risk control, and mitigation solutions, as well as insurance, reinsurance broking, catastrophe and financial modeling services, and related advisory services. The Consulting segment provides health, retirement, talent, and investments consulting services and products, specialized management, and economic and brand consulting services.

TypePublic
Founded1871
HQNew York, US
Websitemmc.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2018)65,000
Job Openings2,016
Revenue (FY, 2018)$15 B(+7%)
Share Price (Nov 2019)$103.2

Key People/Management at Marsh & McLennan Companies

Daniel S. Glaser

Daniel S. Glaser

President and Chief Executive Officer
John C. Doyle

John C. Doyle

President and Chief Executive Officer of Marsh
Mark McGivney

Mark McGivney

CFO
Peter J. Beshar

Peter J. Beshar

Executive Vice President and General Counsel
E. Scott Gilbert

E. Scott Gilbert

Senior Vice President and Chief Information Officer
Laurie Ledford

Laurie Ledford

Senior Vice President and Chief Human Resources Officer
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Marsh & McLennan Companies Office Locations

Marsh & McLennan Companies has offices in New York, Amarillo, Atlanta, Austin and in 69 other locations
New York, US (HQ)
1166 Avenue of the Americas, 1166 6th Ave
Amarillo, US
1107 S Taylor St
Amarillo, US
Amarillo, TX 79102, USA
Atlanta, US
3560 Lenox Rd NE
Austin, US
11001 Lakeline Blvd #200
Baltimore, US
Alex Brown Building, 1 South St #1001
Show all (78)

Marsh & McLennan Companies Financials and Metrics

Marsh & McLennan Companies Revenue

Marsh & McLennan Companies's revenue was reported to be $14.95 b in FY, 2018
USD

Revenue (Q3, 2019)

4.0b

EBIT (Q3, 2019)

467.0m

Market capitalization (7-Nov-2019)

52.1b

Closing stock price (7-Nov-2019)

103.2

Cash (30-Sep-2019)

1.2b

EV

62.3b
Marsh & McLennan Companies's current market capitalization is $52.1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

12.3b3.2b12.9b13.2b14.0b15.0b

Revenue growth, %

(74%)297%2%6%

Cost of goods sold

7.3b7.5b7.9b

Gross profit

5.6b5.8b6.1b
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

3.2b3.1b3.3b3.4b3.1b3.5b3.5b3.3b4.0b7.7b3.5b4.1b4.3b4.0b

Sales and marketing expense

1.8b1.9b1.9b1.9b1.8b1.9b1.9b1.9b2.2b4.4b2.1b2.3b2.5b2.4b

Operating expense total

1.8b1.9b1.9b1.9b1.8b1.9b1.9b1.9b2.2b4.4b2.1b2.3b2.5b2.4b

EBIT

629.0m461.0m733.0m726.0m572.0m809.0m764.0m597.0m908.0m1.6b541.0m938.0m680.0m467.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

2.3b2.0b1.4b1.0b1.2b1.1b

Accounts Receivable

3.6b4.1b

Current Assets

6.3b6.1b5.0b4.9b5.6b5.9b

PP&E

725.0m712.0m701.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

2.2b1.4b2.0b2.6b1.1b930.0m1.3b918.0m974.0m1.4b930.0m966.0m1.1b1.2b1.0b951.0m1.1b1.3b1.2b

Current Assets

6.2b5.6b6.4b6.9b5.2b5.3b5.5b4.8b4.9b5.2b5.0b5.2b5.2b6.3b6.2b6.0b12.7b7.5b7.1b

Goodwill

8.0b7.9b8.0b8.8b8.8b9.1b9.2b9.2b9.4b9.7b14.5b14.3b

Total Assets

17.0b16.6b17.6b18.0b16.8b17.4b17.7b18.1b18.1b18.4b19.0b19.4b19.7b21.4b21.2b21.1b30.1b32.1b31.1b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

1.6b1.8b1.5b

Depreciation and Amortization

423.0m438.0m481.0m

Accounts Payable

(125.0m)55.0m87.0m23.0m

Cash From Operating Activities

1.3b2.1b1.9b2.0b1.9b2.4b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Accounts Payable

135.0m30.0m(3.0m)79.0m29.0m(126.0m)

Cash From Operating Activities

575.0m1.1b106.0m980.0m229.0m1.1b343.0m1.1b413.0m1.3b241.0m1.3b

Purchases of PP&E

(108.0m)(319.0m)(383.0m)(416.0m)(16.0m)(260.0m)(431.0m)(75.0m)(77.0m)(88.0m)(411.0m)(412.0m)(629.0m)(24.0m)(144.0m)(536.0m)(140.0m)(5.5b)(5.5b)

Cash From Investing Activities

(299.0m)(416.0m)(581.0m)(816.0m)(194.0m)(528.0m)(743.0m)(126.0m)(190.0m)(258.0m)(461.0m)(538.0m)(859.0m)(70.0m)(279.0m)(752.0m)(187.0m)(5.4b)(5.5b)
USDY, 2019

EV/EBIT

133.4 x

EV/CFO

48.3 x

EV/FCF

61.9 x

Financial Leverage

4 x
Show all financial metrics

Marsh & McLennan Companies Operating Metrics

Marsh & McLennan Companies's Customers was reported to be 250 k in FY, 2016.
FY, 2014FY, 2015FY, 2016

Active Customers (Insurance)

77 k

Countries

130 130 130

Customers

250 k
Show all operating metrics

Marsh & McLennan Companies Revenue Breakdown

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Marsh & McLennan Companies revenue breakdown by business segment: 54.2% from Risk and Insurance Services and 45.8% from Consulting

Marsh & McLennan Companies revenue breakdown by geographic segment: 48.8% from United States, 15.0% from United Kingdom, 15.6% from Continental Europe, 10.8% from Asia Pacific and 9.8% from Other

Marsh & McLennan Companies Online and Social Media Presence

Embed Graph

Marsh & McLennan Companies Blogs

Marsh President & CEO Advocates for a Timely Reauthorization of Tripra at U.S. House Committee on Financial Services Hearing Today

WASHINGTON D.C., October 16, 2019 — Today John Doyle, President and CEO, Marsh, the world’s leading insurance broker and risk advisor, testified before the United States House Committee on Financial Services at a hearing entitled “Protecting America: The Reauthorization of the Terrorism Risk

Marsh & McLennan to Host Third Quarter Earnings Investor Call on October 29

NEW YORK --(BUSINESS WIRE)--Oct. 1, 2019-- Marsh & McLennan Companies, Inc. (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, plans to announce third quarter financial results via news release on Tuesday, October 29, 2019 , before the market

Marsh & McLennan Companies Reports Second Quarter 2019 Results

Second Quarter Revenue Growth of 16%; Underlying Revenue Growth of 4% Second Quarter GAAP EPS of $0.65 ; Adjusted EPS Increases 7% to $1.18 Six Months GAAP Operating Income Rises 1%; Adjusted Operating Income Grows 14% Six Months GAAP EPS of $2.05 ; Adjusted EPS Increases 9% to $2.70 NEW YORK

Marsh & McLennan Companies Names Tamara Ingram to Board of Directors

NEW YORK --(BUSINESS WIRE)--Jul. 18, 2019-- The Board of Directors of Marsh & McLennan Companies, Inc. (NYSE:MMC) today elected Tamara Ingram as a director effective July 19, 2019 . With Ms. Ingram’s election, the Company’s Board will consist of 13 directors. Ms.

Marsh & McLennan Companies Frequently Asked Questions

  • When was Marsh & McLennan Companies founded?

    Marsh & McLennan Companies was founded in 1871.

  • Who are Marsh & McLennan Companies key executives?

    Marsh & McLennan Companies's key executives are Daniel S. Glaser, John C. Doyle and Mark McGivney.

  • How many employees does Marsh & McLennan Companies have?

    Marsh & McLennan Companies has 65,000 employees.

  • What is Marsh & McLennan Companies revenue?

    Latest Marsh & McLennan Companies annual revenue is $15 b.

  • What is Marsh & McLennan Companies revenue per employee?

    Latest Marsh & McLennan Companies revenue per employee is $230 k.

  • Who are Marsh & McLennan Companies competitors?

    Competitors of Marsh & McLennan Companies include Lockton, Arthur J Gallagher and Wells Fargo.

  • Where is Marsh & McLennan Companies headquarters?

    Marsh & McLennan Companies headquarters is located at 1166 Avenue of the Americas, 1166 6th Ave, New York.

  • Where are Marsh & McLennan Companies offices?

    Marsh & McLennan Companies has offices in New York, Amarillo, Atlanta, Austin and in 69 other locations.

  • How many offices does Marsh & McLennan Companies have?

    Marsh & McLennan Companies has 78 offices.