Marsh & McLennan Companies(NYSE) MRSH

Marsh & McLennan Companies, Inc. helps businesses manage risks and employees. It provides insurance advice and professional consulting to organizations worldwide. These services help companies plan for financial uncertainty.

Managing Risks and Human Capital

• Risk and Insurance: Risk management and insurance brokerage provided through Marsh Risk and Guy Carpenter; revenue reached $9.9 billion for the six-month period ended June 30, 2026.
• Consulting Services: Health, wealth, and career advice delivered by Mercer and Marsh Management Consulting; revenue reached $5.2 billion for the six-month period ended June 30, 2026.
• Insurance Brokerage: Professional advice and insurance program management for diverse businesses; revenue for the Marsh Risk unit was $7.8 billion for the six-month period ended June 30, 2026.
• Human Resources Consulting: Employee benefit programs and investment advice provided through Mercer; revenue reached $3.3 billion for the six-month period ended June 30, 2026.
• Management Consulting: Strategic, economic, and brand consulting services for various industries; revenue for the Marsh Management Consulting unit was $1.9 billion for the six-month period ended June 30, 2026.

Strategic Growth and Global Rebranding

• Updated the brand name to Marsh and renamed business units to Marsh Risk and Marsh Management Consulting in Jan. 2026.
• Launched the Thrive program in late 2025 to improve brand strategy and target $400 million in annual savings.
• Completed five acquisitions during the first half of 2026 for a total purchase price of $181 million.
• Replaced a $3.5 billion credit facility with a new $4.25 billion facility in June 2026 to support long-term liquidity.

Global Reach and Integrated Operations

Marsh advises clients in 130 countries using a network of 95,000 colleagues. The firm integrates insurance brokerage with deep consulting expertise to solve complex challenges for governments and commercial entities.

Financial Performance for the Half-Year

• Consolidated revenue reached $15.0 billion for the six-month period ended June 30, 2026, up 7% year over year.
• Consolidated operating income was $3.7 billion for the six-month period ended June 30, 2026, down 5% year over year.
• The firm repurchased 8.7 million shares of its common stock for $1.5 billion during the first half of 2026.
• A $425 million liability related to Greensill litigation impacted operating expenses during the six-month period ended June 30, 2026.
• Diluted earnings per share was $4.99 for the six-month period ended June 30, 2026, down 5% year over year.

A Unified Global Advisory Firm

Marsh has transitioned from a collection of separate advisory brands into a unified professional services firm. Its focus on operational efficiency and brand strategy helps it navigate changing conditions across diverse global markets.