Sector: Financials|Industry: Insurance Brokers|Market Cap: $105.63B|Employees: 85K
Marsh & McLennan Companies, Inc. is a leading professional services firm specializing in risk, strategy, and people. The company's primary revenue streams are derived from risk advisory services, insurance solutions, and consulting across various sectors. Marsh & McLennan holds a leading market position due to its global presence and expertise, serving clients in over 130 countries.
The company's revenue reached $6.221 billion in Q2 2024, up from $5.876 billion in Q2 2023, representing a 6% year-over-year increase. This growth indicates a positive trend in the company's top-line performance.
Operating income for Q2 2024 was $1.642 billion, a notable increase of 13% compared to $1.457 billion in Q2 2023. This suggests improved profitability and operational efficiency.
Net income attributable to the company was $1.125 billion in Q2 2024, up from $1.035 billion in Q2 2023, reflecting a 9% year-over-year increase. This indicates a strong bottom-line performance.