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Marsh and Mclennan Companies Inc   (MMC)
Other Ticker:  
 
    Sector  Financial    Industry Insurance Brokerage
   Industry Insurance Brokerage
   Sector  Financial


 

Marsh and Mclennan Companies Inc

MMC's Financial Statements and Analysis



Marsh and Mclennan Companies Inc reported in the forth quarter of 2023 net earnings per share of $1.53 an increase by 62.23 % year on year from $0.94 and an improvement of 4.11 % from $1.47 realized in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 1.53 $  5,592 Mill
$+0.59     +62.23 % $+589M     +11.77 %



Marsh And Mclennan Companies Inc 's Revenue rose by 11.77 % in forth quarter of 2023 (Dec 31 2023) year on year, to $5,592 million and advanced by 3.59 % sequentially.


Marsh And Mclennan Companies Inc is

More on MMC's Income Statement



Marsh And Mclennan Companies Inc 's net income of $765.000 million in the forth quarter of 2023 increased by 62.42 % from net earnings of $471.000 million achieved in IV. Quarter a year ago.

Sequentially net earnings grew by 3.66 % from net income of $738.000 million realized in previous quarter.

More on MMC's Growth




Marsh And Mclennan Companies Inc Inventories
In Dec 31 2023 company's net cash and cash equivalents decreased by $-577 million, capital expenditures fell by -10316.50%, to $-120 millions compare to same quarter a year ago

More on MMC's Cash flow Statement


Marsh and Mclennan Companies Inc payed out dividend of $2.60 per share in last 52 weeks representing 34.48 % of net earning per share in trailing twelve-month period.

During the same period Marsh and Mclennan Companies Inc earned $ 8.54 cash per share, on a free-cash flow basis 113.21 % of net earning per share.

Book value grew by 6.81 % sequentially to $24.80 per share, 46.59% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -15.02 per share from $ -15.16.

Company repurchased 0.20 million shares or 0.04 % in Dec 31 2023.
Interest Coverage Ratio was 9.7. Debt Coverage Ratio was 0.43.

More on MMC's Dividends

 Market Capitalization (Millions) 103,203
 Shares Outstanding (Millions) 499
 Total Debt (Millions $) 13,463
 Revenue (TTM) (Millions $) 22,814
 Net Income (TTM) (Millions $) 3,802
 Cash Flow (TTM) (Millions $) 2,050
 Capital Exp. (TTM) (Millions $) -416
 Dividend TTM ($) 2.6 $
 Dividend Yield TTM (%) 1.37 %
 Employees (TTM) $ 83,000




Marsh and Mclennan Companies Inc payed out dividend of $2.60 per share in the last 52 weeks representing 34.48 % of net earning per share in trailing twelve-month period.

During the same period Marsh and Mclennan Companies Inc had $ 8.54 cash flow per share, on a free-cash flow basis 113.21 % of net earning per share.

Book value grew by 6.81 % sequentially to $24.80 per share, 46.59% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -15.02 per share from $ -15.16.

Company repurchased 0.20 million shares or 0.04 % in Dec 31 2023.
Interest Coverage Ratio was 9.7. Debt Coverage Ratio was 0.43.

More on MMC's Balance Sheets

 Market Capitalization (Millions) 103,203
 Shares Outstanding (Millions) 499
 Total Debt (Millions $) 13,463
 Revenue (TTM) (Millions $) 22,814
 Net Income (TTM) (Millions $) 3,802
 Cash Flow (TTM) (Millions $) 2,050
 Capital Exp. (TTM) (Millions $) -416
 Dividend TTM ($) 2.6 $
 Dividend Yield TTM (%) 1.37 %
 Employees (TTM) $ 83,000
   


  News about Marsh and Mclennan Companies Inc Earnings

Marsh and McLennan Companies Inc. Defies Industry Challenges with Impressive Fiscal Growth

As the President and CEO of Marsh McLennan, I am pleased to report our impressive financial results for the fourth quarter and year ended December 31, 2023. Our income jumped by a remarkable 62.23% to $1.53 per share, with a revenue increment of 11.773% to $5.59 billion compared to the prior year period. These numbers reflect our continued growth and stability in the market.
Despite the challenges faced by the Insurance Brokerage sector, Marsh McLennan has managed to outperform with a revenue surge that, although lower than the sector average, has shown steady improvement. Our net profits have also seen a significant increase, rising by 62.42% from the previous year. This demonstrates our strong performa...

Marsh and McLennan Companies Inc's Impressive Third Quarter: Double Digit Income per Share Soars 36.11%



Marsh and McLennan Companies Inc (NYSE: MMC) recently announced its financial results for the period ending September 30, 2023. With impressive profit margins, a significant increase in earnings, and a commitment to delivering value to shareholders, the company seems poised for future growth. However, a decrease in share price and revenue compared to the prior reporting period raises questions about potential challenges faced by the company moving forward.
Positive Financial Performance
During the third quarter of 2023, Marsh and McLennan Companies Inc witnessed a jump in profit per share, which increased by 36.11% to $1.47 per share. This significant growth highlights the company's ability...

Marsh And Mclennan Companies Inc Report Increased Revenue and Profit Amid 2023 Q2 Despite Sequential Profit Fall

Marsh And McLennan Companies Inc, a renowned insurance brokerage company, witnessed positive growth in both its top-line and bottom-line during the second quarter of the 2023 earnings season. The company reported revenue of $5.89 billion, marking a 9.365% year-on-year increase. However, there was a slight decrease of -0.876% quarter-on-quarter. Despite this, income per share saw a significant surge of 8.38% to $2.07. On the other hand, sequential profits experienced a decline of -16.19%.
In terms of net earnings, Marsh And McLennan Companies Inc recorded $1,047.000 million in the second quarter of the 2023 earnings season, showing a 7.06% increase from the previous year's earnings of $978.000 million.

Date modified: 2024-02-13T09:29:26+00:00





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