MARSH & MCLENNAN COS (MMC) Earnings History & Surprises

NYSE:MMCUS5717481023

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MMC Earnings overview

Past quarterly earnings results for MARSH & MCLENNAN COS (MMC), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release Date
Jan 29, 2026
Period
Q1 / 2026
EPS Estimate
$3.26
Revenue Estimate
7.497B

Last Reported

Most Recent
Release Date
Oct 16, 2025
Period
Q4 / 2025
EPS Reported
$2.12
EPS Surprise
6.46%
Revenue Surprise
-0.27%

Beat Rate

Last 8 Quarters
50%
EPS and Revenue beats vs estimates

Quarterly Earnings Historical Results

EPS & Revenue History (in USD): Actual vs estimated values, surprises, q2q growth and acceleration numbers quarterly history.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q4 2025 2.12 1.99 6.46% 13.37% 6.595B 6.613B -0.27% 8.70%
Q3 2025 1.85 1.80 2.66% 13.50% 6.351B 6.386B -0.55% 11.48%
Q2 2025 2.72 2.69 1.30% 12.86% 6.974B 6.994B -0.29% 12.10%
Q1 2025 3.06 3.05 0.36% 5.88% 7.061B 7.154B -1.30% 9.08%
Q4 2024 1.87 1.77 5.46% 11.31% 6.067B 6.005B 1.03% 9.24%
Q3 2024 1.63 1.63 -0.03% 10.88% 5.697B 5.761B -1.11% 5.85%
Q2 2024 2.41 2.42 -0.57% 9.55% 6.221B 6.369B -2.32% 5.87%
Q1 2024 2.89 2.83 2.19% 14.23% 6.473B 6.455B 0.28% 9.27%
Q4 2023 1.68 1.64 2.14% 14.29% 5.554B 5.595B -0.73% 10.59%
Q3 2023 1.47 1.41 4.62% 24.58% 5.382B 5.267B 2.18% 12.83%
Q2 2023 2.20 2.14 2.94% 16.40% 5.876B 5.818B 1.00% 9.24%
Q1 2023 2.53 2.50 1.33% 10.00% 5.924B 5.925B -0.02% 6.76%
Q4 2022 1.47 1.42 3.21% 8.09% 5.022B 5.249B -4.32% -2.24%
Q3 2022 1.18 1.16 2.14% 9.26% 4.77B 4.903B -2.71% 4.08%
Q2 2022 1.89 1.88 0.42% 8.00% 5.379B 5.385B -0.11% 7.22%
Q1 2022 2.30 2.17 6.21% 15.58% 5.549B 5.558B -0.16% 9.17%
Q4 2021 1.36 1.36 0.36% 14.29% 5.137B 5.006B 2.62% 16.33%
Q3 2021 1.08 0.99 8.67% 31.71% 4.583B 4.491B 2.05% 15.50%
Q2 2021 1.75 1.44 21.50% 32.58% 5.017B 4.571B 9.76% 19.77%
Q1 2021 1.99 1.73 15.00% 21.34% 5.083B 4.842B 4.98% 9.29%
Q4 2020 1.19 1.14 4.76% - 4.416B 4.307B 2.53% -
Q3 2020 0.82 0.73 11.89% - 3.968B 3.874B 2.43% -
Q2 2020 1.32 1.14 15.38% - 4.189B 4.231B -0.99% -
Q1 2020 1.64 1.58 3.63% - 4.651B 4.728B -1.63% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

MMC EPS Q2Q GrowthMMC EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 Q1/28 Q3/28 10 20 30

Revenue Historical Q2Q growth and Acceleration

MMC Revenue Q2Q GrowthMMC Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 Q1/27 Q3/27 Q1/28 Q3/28 0 5 10 15

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
4
Average EPS beat (4)
2.44%
Max EPS beat (4)
5.46%
Min EPS beat (4)
0.36%

Revenue beat statistics

Revenue beat (4)
1
Average Revenue beat (4)
-0.28%
Max Revenue beat (4)
1.03%
Min Revenue beat (4)
-1.30%

Analysis

In the last 4 quarters, MMC has consistently beaten EPS estimates in all releases
MMC has beaten revenue estimates in 1 out of the last 4 releases
In the last 4 quarters, MMC has beaten the EPS estimates by 2.4% on average.
In the last 4 quarters, MMC reported -0.3% below the revenue estimates on average.

MARSH & MCLENNAN COS / MMC Earnings FAQ

What is the most recent earnings date for MMC stock?

MARSH & MCLENNAN COS (MMC) last reported earnings on 10/16/2025.

Did MMC stock beat earnings estimates in the most recent quarter?

MARSH & MCLENNAN COS (MMC) beat EPS estimates and missed revenue estimates in the most recent quarter.

What percentage of the time does MMC stock beat earnings estimates?

In the last 4 quarters, MARSH & MCLENNAN COS (MMC) has beaten EPS estimates in 4 out of 4 releases.