Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $17,224 | $19,820 | $20,720 | $22,736 | $24,458 |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| Operating Income | $3,066 | $4,312 | $4,280 | $5,282 | $5,817 |
| Net Income | $2,016 | $3,143 | $3,050 | $3,756 | $4,060 |
Over the five-year period, Marsh & McLennan Companies, Inc. demonstrated steady revenue growth from US$17.2 billion in 2020 to US$24.5 billion in 2024, reflecting an overall expansion of approximately 42%. The most pronounced revenue jump occurred between 2020 and 2021, when revenue increased by roughly 15%, setting the stage for subsequent incremental increases. While the gross profit data is not available, operating income and net income provide a more detailed outlook on profitability. Operating income surged from US$3.07 billion in 2020 to US$4.31 billion in 2021—a notable increase exceeding 40%—suggesting improved operational efficiency or effective cost management during that period. Similarly, net income experienced a robust rise of almost 56% between 2020 and 2021, growing from US$2.02 billion to US$3.14 billion. Between 2021 and 2022, while revenue continued to grow (by approximately 4.5%), operating income and net income saw a slight dip, with operating income decreasing marginally from US$4.31 billion to US$4.28 billion and net income falling from US$3.14 billion to US$3.05 billion. This could indicate temporary pressures, possibly due to market conditions affecting margins or transitional operational challenges. However, the years 2023 and 2024 witnessed a recovery and subsequent steady improvements; operating income and net income rebounded to US$5.28 billion and US$3.76 billion in 2023, and further to US$5.82 billion and US$4.06 billion in 2024, respectively. Overall, the steady upward trend in revenues and profitability, particularly after the strong start in 2021, suggests that Marsh & McLennan Companies maintains resilient financial health and operational sustainability in a competitive professional services and risk management industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.