Marsh Q3 Revenue Rises 8% to $6.9 Billion; Adjusted EPS Up 10% to $2.03
NEW YORK — Marsh (NYSE: MRSH), the global professional services firm formerly known as Marsh McLennan, reported third-quarter 2026 results on October 15 via Business Wire. Consolidated revenue was $6.9 billion, an increase of 8% compared with the third quarter of 2025, or 5% on an underlying basis. Operating income increased 4% to $1.2 billion, and adjusted operating income rose 6% to $1.5 billion. Net income attributable to the company was $808 million, or $1.69 per share, while adjusted earnings per share increased 10% to $2.03.
By segment, Risk and Insurance Services revenue grew 7% to $4.2 billion, and Consulting revenue increased 9% to $2.7 billion, led by Management Consulting, which rose 14% to $1.0 billion. Reinsurance revenue fell 6% to $374 million. For the nine months ended September 30, 2026, revenue was $21.9 billion, adjusted operating income rose 7% to $6.1 billion, and adjusted EPS increased 9% to $8.29.
The company repurchased approximately 2.7 million shares for $500 million in the quarter and repaid $550 million of euro-denominated senior notes; shares outstanding at September 30 were 475 million. President and CEO John Doyle said in the release that Marsh delivered a strong third quarter, generating 5% underlying revenue growth and double-digit EPS growth, while making significant progress on its Thrive program and completing its brand transition.
Published by GSM · USA (original Chinese edition)
Photo: Marsh 公司资料图（Wikimedia Commons） / Marsh company image (Wikimedia Commons)
