Marsh McLennan Q2 FY25: where the revenue came from and where it went
The whole income statement of Marsh McLennan for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2025
- Reported
- Jul 17, 2025
Revenue$6.97B
+12% year over year
Operating profit$1.83B
26% margin
Net profit$1.21B
17% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 6.97 | 100% | +12% |
| Risk and Insurance | 4.63 | 66% | |
| Consulting | 2.37 | 34% | |
| Other and unallocated | −0.02 | 0% | |
| Operating expenses | −5.15 | 74% | |
| Compensation and benefits | −3.90 | 56% | +0pp |
| Other operating | −1.25 | 18% | +0pp |
| Operating profit | 1.83 | 26% margin | +0pp |
| Interest & other costs | −0.20 | ||
| Tax | −0.42 | ||
| Net profit | 1.21 | 17% margin | −1pp |
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