Marsh & McLennan Companies, Inc.
MMCFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
24,458
Cost of Revenue
13,996
Gross Profit
10,462
Gross Margin
42.8%
Operating Income
5,817
Operating Margin
23.8%
Net Income
4,060
Net Margin
16.6%
EPS (Basic)
$8.25
EPS (Diluted)
$8.18
EBITDA
6,926
EBITDA Margin
28.3%
2023
12/31/2023
Revenue
22,736
Cost of Revenue
13,099
Gross Profit
9,637
Gross Margin
42.4%
Operating Income
5,282
Operating Margin
23.2%
Net Income
3,756
Net Margin
16.5%
EPS (Basic)
$7.60
EPS (Diluted)
$7.53
EBITDA
6,317
EBITDA Margin
27.8%
2022
12/31/2022
Revenue
20,720
Cost of Revenue
12,071
Gross Profit
8,649
Gross Margin
41.7%
Operating Income
4,280
Operating Margin
20.7%
Net Income
3,050
Net Margin
14.7%
EPS (Basic)
$6.11
EPS (Diluted)
$6.04
EBITDA
5,270
EBITDA Margin
25.4%
2021
12/31/2021
Revenue
19,820
Cost of Revenue
11,425
Gross Profit
8,395
Gross Margin
42.4%
Operating Income
4,312
Operating Margin
21.8%
Net Income
3,143
Net Margin
15.9%
EPS (Basic)
$6.20
EPS (Diluted)
$6.13
EBITDA
5,399
EBITDA Margin
27.2%
2020
12/31/2020
Revenue
17,224
Cost of Revenue
10,129
Gross Profit
7,095
Gross Margin
41.2%
Operating Income
3,066
Operating Margin
17.8%
Net Income
2,016
Net Margin
11.7%
EPS (Basic)
$3.98
EPS (Diluted)
$3.94
EBITDA
4,049
EBITDA Margin
23.5%