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 has demonstrated steady revenue growth and improving profitability. Revenue increased from USD 17,224 million in 2020 to USD 24,458 million in 2024, representing an overall growth of about 42%. Operating income also trended upward, rising from USD 3,066 million in 2020 to USD 5,817 million in 2024. Notably, there was a sharp jump of over 40% from 2020 to 2021, followed by a slight dip between 2021 and 2022, and then a significant 23% increase in 2023. Similarly, net income surged from USD 2,016 million in 2020 to USD 3,143 million in 2021 (a 56% increase), experienced a modest decline in 2022, and then rebounded to USD 4,060 million in 2024. The gross profit line remains unreported, which may be attributable to the nature of the firm’s service-oriented business model. In the context of the professional services and risk management industry, these trends are encouraging. The robust revenue and income growth suggest that Marsh & McLennan has been effective in scaling operations and managing costs, even amid potential market fluctuations. The early strong performance in operating and net income, followed by recovery after minor setbacks, indicates resilience and operational efficiency. Overall, the company’s financial performance over these years underscores sound management and strategic focus, signaling a healthy and sustainable financial position in a competitive 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.