Marsh McLennan Q1 revenue up 9% to $7.1 billion; GAAP EPS down 1% to $2.79
Marsh McLennan reported first quarter 2025 results on April 17, 2025. Revenue rose 9% to $7.1 billion, or 4% on an underlying basis, but GAAP earnings per share fell 1% to $2.79, while adjusted EPS rose 5% to $3.06. The company also repurchased $300 million of stock and repaid $500 million of senior notes during the quarter.
Key points
- Revenue of $7.1 billion, up 9% from the first quarter of 2024; underlying revenue growth of 4%
- GAAP EPS of $2.79, down 1%; adjusted EPS of $3.06, up 5%, including a 10-cent benefit from favorable discrete tax items
- Repurchased 1.3 million shares for $300 million in the first quarter
- Repaid $500 million of senior notes that matured in March
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 17, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.