The stock may react positively to the adjusted EPS beat and strong underlying revenue growth, but the $425 million litigation charge could limit gains. Traders should monitor the company's exposure to the Greensill case and the impact on future earnings.
Price Chart
Executive Summary
Marsh & McLennan reported Q1 2026 earnings with revenue of $7.6 billion (8% YoY growth, 4% underlying) and adjusted EPS of $3.29 (8% growth), beating consensus EPS of $3.22. However, GAAP EPS of $2.36 missed estimates due to a $425 million charge related to the Greensill litigation. The company also repurchased $750 million of stock.
Key Financial Metrics
Key Facts
- Q1 2026 revenue: $7.6 billion (8% YoY growth, 4% underlying)
- Adjusted EPS: $3.29 (8% growth, beats consensus of $3.22)
- GAAP EPS: $2.36 (misses consensus, includes $425M Greensill litigation charge)
- Repurchased $750 million of stock in Q1
- Underlying revenue growth of 4% driven by 4% growth in Risk Insurance Services and 5% in Consulting
Financial Impact
Revenue beat by $197 million, adjusted EPS beat by $0.07, but $425 million one-time charge impacted GAAP EPS
Risk Factors
- The $425 million Greensill litigation charge indicates significant legal exposure that could lead to further charges or reputational damage.
- Despite strong underlying revenue growth, the company faces macroeconomic headwinds as mentioned in the forward-looking statements.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000062709-26-000096 |
| Document: mmc-20260416.htm | 0000062709-26-000096 |
| Document: 0000062709-26-000096-index-headers.html | 0000062709-26-000096 |
| Document: 0000062709-26-000096-index.html | 0000062709-26-000096 |
| Document: 0000062709-26-000096.txt | 0000062709-26-000096 |
| 8-K Data (Synthetic) | 0000062709-26-000096 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 3, 2026 28d ago | Insider Cluster | $185.74 $180.43 | ▼ −2.86% | ▼ −1.65% | $170.66 (−8.12%) |
Jul 31, 2026 8w ago | Insider Cluster | $192.84 $190.79 | ▼ −1.06% | ▼ −3.09% | $170.66 (−11.50%) |
Jul 29, 2026 9w ago | Insider Cluster | $197.59 $191.47 | ▼ −3.10% | ▼ −8.63% | $170.66 (−13.63%) |
Jul 23, 2026 10w ago | 144 | $176.40 $191.51 | ▲ +8.57% | ▲ +8.09% | $170.66 (−3.25%) |
Jul 21, 2026 10w ago | 8-K | $181.59 $183.31 | ▲ +0.95% | ▲ +2.18% | $170.66 (−6.02%) |
Apr 16, 2026 24w ago | 8-K | $182.57 $174.01 | ▼ −4.69% | ▼ −5.67% | $170.66 (−6.52%) |
Apr 14, 2026 24w ago | 8-K | $172.85 $179.00 | ▲ +3.56% | ▲ +2.16% | $170.66 (−1.27%) |
Mar 4, 2026 30w ago | Insider Cluster | $183.89 $173.08 | ▼ −5.88% | ▼ −4.55% | $170.66 (−7.20%) |
Mar 3, 2026 30w ago | Insider Cluster | $183.29 $173.11 | ▼ −5.55% | ▼ −5.07% | $170.66 (−6.89%) |
Feb 25, 2026 31w ago | 8-K | $180.17 $183.89 | ▲ +2.07% | ▲ +3.16% | $170.66 (−5.28%) |
US Market Status
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