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AI brief of an SEC Form 8-K · Marsh McLennan (MRSH)

Marsh reports Q4 revenue up 9% to $6.6 billion; full-year GAAP EPS $8.43, up from $8.18

Positive Impact 3 of 5 earnings Written later

Marsh (NYSE: MRSH) reported fourth-quarter and full-year 2025 results on January 29, 2026. Revenue grew on both a GAAP and underlying basis, and both GAAP and adjusted earnings per share rose for the year, which is the key measure for shareholders. The filing contains no revised financial guidance.

Key points

  • Q4 2025 revenue was $6.6 billion, up 9% (4% underlying), with GAAP EPS of $1.68 versus $1.59 a year earlier
  • Q4 adjusted EPS rose 10% to $2.12, including a 7-cent benefit from favorable discrete tax items
  • Full-year 2025 revenue was $27.0 billion, up 10% (4% underlying), with GAAP EPS of $8.43 versus $8.18 and adjusted EPS up 9% to $9.75
  • The company repurchased 10.1 million shares for $2.0 billion in 2025

The filing

CompanyMarsh McLennan (MRSH)
Form8-K, current report
Filed with the SECJan 29, 2026, 7:03 AM ET
Accession number0000062709-26-000014

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 January 29, 2026.

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.