Marsh McLennan Q3 revenue rises 11% to $6.4 billion; adjusted EPS up 11% to $1.85
Marsh McLennan reported third-quarter 2025 results, with revenue of $6.4 billion, up 11% from a year earlier (4% on an underlying basis). GAAP earnings per share were $1.51, flat with the prior-year quarter, while adjusted EPS rose 11% to $1.85. Shareholders also learned that the company's NYSE ticker will change from MMC to MRSH in January 2026, and that its businesses will adopt the Marsh brand.
Key points
- Q3 2025 revenue $6.4 billion, up 11% (4% underlying); operating income rose 6% to $1.2 billion
- GAAP EPS $1.51 versus $1.51 a year earlier; adjusted EPS $1.85, up 11%
- Repurchased about 1.9 million shares for $400 million in Q3; $1.0 billion repurchased in the first nine months
- Stock ticker changes from MMC to MRSH on the NYSE in January 2026
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 October 16, 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.