Company profile

Ticker
MMC
Exchange
Website
CEO
Daniel S. Glaser
Employees
Incorporated in
Location
Fiscal year end
Former names
Marsh & Mclennan Companies Inc
SEC CIK
IRS number
362668272

MMC stock data

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FINRA relative short interest over last month (20 trading days) ?

Calendar

20 Feb 20
2 Apr 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 4.26B 3.97B 4.35B 4.07B
Net income 391M 303M 332M 716M
Diluted EPS 0.76 0.59 0.65 1.4
Net profit margin 9.17% 7.64% 7.63% 17.59%
Operating income 592M 467M 680M 938M
Net change in cash -58M -81M 177M 51M
Cash on hand 1.16B 1.21B 1.29B 1.12B
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 16.65B 14.95B 14.02B 13.21B
Net income 1.74B 1.65B 1.49B 1.77B
Diluted EPS 3.41 3.23 2.87 3.38
Net profit margin 10.46% 11.04% 10.64% 13.38%
Operating income 2.68B 2.76B 2.66B 2.43B
Net change in cash 89M -139M 179M -348M
Cash on hand 1.16B 1.07B 1.21B 1.03B

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
5 Mar 20 Scott McDonald Stock Options Common Stock Option exercise Dispose M 36.495 20,162 735.81K 0
5 Mar 20 E Scott Gilbert Common Stock Sell Dispose S 106.8908 4,114 439.75K 43,197
5 Mar 20 Scott McDonald Common Stock Sell Dispose S 106.8109 40,297 4.3M 18,763.487
5 Mar 20 Scott McDonald Common Stock Option exercise Aquire M 36.495 20,162 735.81K 59,060.487
5 Mar 20 Scott McDonald Common Stock Option exercise Aquire M 31.885 13,039 415.75K 38,898.487
5 Mar 20 Stacy Mills Common Stock Sell Dispose S 106.8306 1,270 135.67K 2,923.066
5 Mar 20 Scott McDonald Stock Options Common Stock Option exercise Dispose M 31.885 13,039 415.75K 0
5 Mar 20 Mark C Mcgivney Common Stock Sell Dispose S 106.825 8,465 904.27K 33,678
5 Mar 20 Daniel S Glaser Common Stock Sell Dispose S 106.8134 248,347 26.53M 168,574
5 Mar 20 Daniel S Glaser Common Stock Option exercise Aquire M 31.885 206,952 6.6M 416,921
88.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 899 825 +9.0%
Opened positions 137 71 +93.0%
Closed positions 63 75 -16.0%
Increased positions 274 270 +1.5%
Reduced positions 310 306 +1.3%
13F shares
Current Prev Q Change
Total value 843.78B 689.27B +22.4%
Total shares 446.61M 439.92M +1.5%
Total puts 157.55K 150.9K +4.4%
Total calls 185K 249.4K -25.8%
Total put/call ratio 0.9 0.6 +40.8%
Largest owners
Shares Value Change
BLK BlackRock 41.65M $4.64B -0.6%
Vanguard 39.1M $4.36B +0.2%
N Price T Rowe Associates 35.41M $3.94B +0.7%
Wellington Management 23.96M $2.67B -5.0%
STT State Street 23.31M $2.6B +0.0%
Capital International Investors 19.96M $2.22B +1.7%
FMR 15.34M $1.71B +4.7%
Capital World Investors 14.91M $1.66B -5.0%
Massachusetts Financial Services 12.68M $1.41B +49.7%
Primecap Management 8.48M $945.07M -0.3%
Largest transactions
Shares Bought/sold Change
Massachusetts Financial Services 12.68M +4.21M +49.7%
Norges Bank 4.1M +4.1M NEW
American Century Companies 2.95M +1.67M +130.6%
Wellington Management 23.96M -1.26M -5.0%
AMP Ameriprise Financial 4.48M -1.17M -20.7%
Unigestion Holding 0 -880.26K EXIT
IVZ Invesco 2.53M -855.09K -25.3%
Amundi Pioneer Asset Management 4.67M +833.61K +21.7%
Capital World Investors 14.91M -778.22K -5.0%
FMR 15.34M +695.44K +4.7%

Financial report summary

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Risks
  • RISKS RELATING TO THE COMPANY GENERALLY
  • Our business performance and growth plans could be negatively affected if we are not able to develop and implement improvements in technology or respond effectively to the threat of digital disruption and other technological change.
  • We could incur significant liability or our reputation could be damaged if our information systems are breached or we otherwise fail to protect client or Company data or information systems.
  • The costs to comply with, or our failure to comply with, U.S. and foreign laws related to privacy, data security and data protection, such as the E.U. General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), could adversely affect our financial condition, operating results and our reputation.
  • We are subject to significant uninsured exposures arising from errors and omissions, breach of fiduciary duty and other claims.
  • We are subject to regulatory investigations, reviews and other inquiries that consume significant management time and, if determined unfavorably to us, could have a material adverse effect on our business, results of operations or financial condition.
  • We cannot guarantee that we are or will be in compliance with all current and potentially applicable U.S. federal and state or foreign laws and regulations, and actions by regulatory authorities or changes in legislation and regulation in the jurisdictions in which we operate could have a material adverse effect on our business.
  • Our business or reputation could be harmed by our reliance on third-party providers or introducers.
  • We face risks when we acquire businesses, including risks relating to our integration of JLT.
  • The loss of members of our senior management team or other key colleagues could have a material adverse effect on our business.
  • Failure to maintain our corporate culture could damage our reputation.
  • We face significant competitive pressures in each of our businesses, including from disintermediation, as our competitive landscape continues to evolve.
  • Consolidation in the industries we serve could adversely affect our business.
  • We rely on a large number of vendors and other third parties to perform key functions of our business operations and to provide services to our clients. These vendors and third parties may act in ways that could harm our business.
  • Our inability to successfully recover should we experience a disaster or other business continuity or data recovery problem could cause material financial loss, loss of human capital, regulatory actions, reputational harm or legal liability.
  • Our results of operations and investments could be adversely affected by macroeconomic conditions, political events and market conditions.
  • If we are unable to collect our receivables, our results of operations and cash flows could be adversely affected.
  • We may not be able to obtain sufficient financing on favorable terms.
  • Our defined benefit pension plan obligations could cause the Company's financial position, earnings and cash flows to fluctuate.
  • Our significant non-U.S. operations expose us to exchange rate fluctuations and various risks that could impact our business.
  • We may not be able to receive dividends or other distributions in needed amounts from our subsidiaries.
  • Our quarterly revenues and profitability may fluctuate significantly.
  • Credit rating downgrades would increase our financing costs and could subject us to operational risk.
  • We have significantly increased our debt as a result of the JLT acquisition, which could adversely affect our financial flexibility.
  • The ongoing effects from the 2017 Tax Cuts and Jobs Act continue to make our results more difficult to predict.
  • We are exposed to multiple risks associated with the global nature of our operations.
  • Results in our Risk and Insurance Services segment may be adversely affected by a general decline in economic activity.
  • Volatility or declines in premiums and other market trends may significantly impede our ability to grow revenues and profitability.
  • Adverse legal developments and future regulations concerning how intermediaries are compensated by insurers or clients, as well as allegations of anti-competitive behavior or conflicts of interest more broadly, could have a material adverse effect on Marsh’s business, results of operations and financial condition.
  • RISKS RELATING TO OUR CONSULTING SEGMENT
  • Mercer’s Investments business is subject to a number of risks, including risks related to third-party investment managers, operational risk, conflicts of interest, asset performance and regulatory compliance, that, if realized, could result in significant damage to our business.
  • Revenues for the services provided by our Consulting segment may decline for various reasons, including as a result of changes in economic conditions, the value of equity, debt and other asset markets, our clients’ or an industry's financial condition or government regulation or an accelerated trend away from actively managed investments to passively managed investments.
  • Factors affecting defined benefit pension plans and the services we provide relating to those plans could adversely affect Mercer.
  • The profitability of our Consulting segment may decline if we are unable to achieve or maintain adequate utilization and pricing rates for our consultants.
Content analysis ?
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