Marsh & McLennan Companies (MRSH) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter declined compared to the immediately preceding quarter but rose compared to the same quarter one year earlier. The sequential decrease followed a strong prior quarter, while the year-over-year gain indicates continued growth from the prior year period.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter declined compared to the immediately preceding quarter but rose compared to the same quarter one year earlier. The sequential decrease followed a strong prior quarter, while the year-over-year gain indicates continued growth from the prior year period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.2B
Revenue reported for this quarter.
Quarter-over-quarter
-3.9%
Change from the immediately preceding quarter.
Year-over-year
+5.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$23.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $5.4B | n/a |
| Dec 31, 2023 | $5.6B | n/a |
| Mar 31, 2024 | $6.5B | n/a |
| Jun 30, 2024 | $6.2B | +5.9% |
Revenue performance
The reported revenue direction for this quarter is lower than the prior quarter, reflecting a sequential decline. However, revenue increased compared to the same quarter last year, showing positive annual performance.
Quarterly comparison
Compared to the immediately preceding quarter, revenue decreased. Compared to the same quarter one year earlier, revenue increased.
What to watch
Monitor whether the sequential revenue decline continues in future quarters or reverses.