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

(
)

Calendar

1 May 20
8 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 4.65B 4.26B 3.97B 4.35B
Net income 767M 396M 306M 344M
Diluted EPS 1.48 0.76 0.59 0.65
Net profit margin 16.49% 9.29% 7.71% 7.91%
Operating income 1.07B 592M 467M 680M
Net change in cash 325M -58M -81M 177M
Cash on hand 1.48B 1.16B 1.21B 1.29B
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 16.65B 14.95B 14.02B 13.21B
Net income 1.77B 1.67B 1.51B 1.8B
Diluted EPS 3.41 3.23 2.87 3.38
Net profit margin 10.65% 11.17% 10.78% 13.59%
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 10b5-1 $Price #Shares $Value #Remaining
1 Jun 20 Fanjul Oscar Common Stock Payment of exercise Dispose F No 105.595 133.18 14.06K 84,621.624
1 Jun 20 Fanjul Oscar Common Stock Grant Aquire A No 105.595 1,657.28 175K 84,754.804
1 Jun 20 R David Yost Restricted Stk. Units-Dir. Stk. Plan Common Stock Grant Aquire A No 105.595 1,657.28 175K 32,435.55
1 Jun 20 Schapiro Morton O Restricted Stk. Units-Dir. Stk. Plan Common Stock Grant Aquire A No 105.595 1,657.28 175K 70,699.29
1 Jun 20 Hopkins Deborah C Restricted Stk. Units-Dir. Stk. Plan Common Stock Grant Aquire A No 105.595 1,657.28 175K 11,902.89
1 Jun 20 Anderson Anthony Restricted Stk. Units-Dir. Stk. Plan Common Stock Grant Aquire A No 105.595 1,657.28 175K 8,951.27
87.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 861 905 -4.9%
Opened positions 86 141 -39.0%
Closed positions 130 62 +109.7%
Increased positions 308 274 +12.4%
Reduced positions 315 311 +1.3%
13F shares
Current Prev Q Change
Total value 645.05B 843.78B -23.6%
Total shares 442.1M 446.61M -1.0%
Total puts 315.15K 157.55K +100.0%
Total calls 194.62K 185K +5.2%
Total put/call ratio 1.6 0.9 +90.1%
Largest owners
Shares Value Change
BLK BlackRock 42.89M $3.71B +3.0%
Vanguard 40.03M $3.46B +2.4%
N Price T Rowe Associates 34.95M $3.02B -1.3%
STT State Street 22.82M $1.97B -2.1%
Wellington Management 21.12M $1.83B -11.9%
Capital International Investors 20.08M $1.74B +0.6%
Massachusetts Financial Services 15.54M $1.34B +22.6%
Capital World Investors 14.9M $1.29B -0.1%
FMR 14.31M $1.24B -6.7%
JPM JPMorgan Chase & Co. 8.4M $726.37M +21.7%
Largest transactions
Shares Bought/sold Change
Norges Bank 0 -4.1M EXIT
Capital Research Global Investors 420.21K -3.62M -89.6%
Massachusetts Financial Services 15.54M +2.86M +22.6%
Wellington Management 21.12M -2.85M -11.9%
UBS UBS 5.2M -1.64M -23.9%
JPM JPMorgan Chase & Co. 8.4M +1.5M +21.7%
Amundi Pioneer Asset Management 3.22M -1.45M -31.0%
BLK BlackRock 42.89M +1.24M +3.0%
MCQEF Macquarie 6.86M -1.19M -14.8%
Boston Partners 2.33M +1.18M +103.1%

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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