Marsh & McLennan Companies, Inc. (MMC)
NYSE: MMC · Real-Time Price · USD
203.67
+0.36 (0.18%)
Aug 8, 2025, 4:00 PM - Market closed
Marsh & McLennan Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2016 - 2020 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2016 - 2020 |
Net Income | 4,127 | 4,060 | 3,756 | 3,050 | 3,143 | 2,016 | Upgrade |
Depreciation & Amortization | 839 | 746 | 713 | 719 | 747 | 741 | Upgrade |
Loss (Gain) From Sale of Assets | -43 | -48 | 16 | -88 | -33 | 24 | Upgrade |
Loss (Gain) From Sale of Investments | -32 | -9 | -5 | -21 | -61 | 22 | Upgrade |
Stock-Based Compensation | 385 | 368 | 363 | 367 | 348 | 290 | Upgrade |
Other Operating Activities | 371 | 260 | 323 | 450 | 118 | 363 | Upgrade |
Change in Accounts Receivable | -101 | -467 | -467 | -492 | -570 | 412 | Upgrade |
Change in Income Taxes | 99 | 123 | 105 | -54 | -33 | 63 | Upgrade |
Change in Other Net Operating Assets | -728 | -731 | -546 | -466 | -143 | -549 | Upgrade |
Operating Cash Flow | 4,917 | 4,302 | 4,258 | 3,465 | 3,516 | 3,382 | Upgrade |
Operating Cash Flow Growth | 22.10% | 1.03% | 22.89% | -1.45% | 3.96% | 43.24% | Upgrade |
Capital Expenditures | -263 | -316 | -416 | -470 | -406 | -348 | Upgrade |
Cash Acquisitions | -7,960 | -8,542 | -976 | -572 | -859 | -647 | Upgrade |
Divestitures | 77 | 89 | -17 | 119 | 84 | 98 | Upgrade |
Investment in Securities | 16 | -53 | -19 | 64 | 13 | 107 | Upgrade |
Other Investing Activities | -3 | 1 | 11 | 9 | 4 | -3 | Upgrade |
Investing Cash Flow | -8,133 | -8,821 | -1,417 | -850 | -1,164 | -793 | Upgrade |
Short-Term Debt Issued | - | - | 146 | - | - | - | Upgrade |
Long-Term Debt Issued | - | 8,170 | 2,169 | 984 | 743 | 1,737 | Upgrade |
Total Debt Issued | 6,583 | 8,170 | 2,315 | 984 | 743 | 1,737 | Upgrade |
Short-Term Debt Repaid | - | - | -146 | - | - | - | Upgrade |
Long-Term Debt Repaid | - | -1,617 | -266 | -365 | -1,016 | -2,515 | Upgrade |
Total Debt Repaid | -518 | -1,617 | -412 | -365 | -1,016 | -2,515 | Upgrade |
Net Debt Issued (Repaid) | 6,065 | 6,553 | 1,903 | 619 | -273 | -778 | Upgrade |
Issuance of Common Stock | 272 | 264 | 199 | 126 | 161 | 132 | Upgrade |
Repurchase of Common Stock | -1,049 | -1,080 | -1,298 | -2,148 | -1,260 | -132 | Upgrade |
Common Dividends Paid | -1,603 | -1,499 | -1,285 | -1,125 | -1,014 | -932 | Upgrade |
Other Financing Activities | -679 | 217 | -638 | 1,482 | 1,089 | 785 | Upgrade |
Financing Cash Flow | 3,006 | 4,455 | -1,119 | -1,046 | -1,297 | -925 | Upgrade |
Foreign Exchange Rate Adjustments | 608 | -414 | 328 | -841 | -355 | 511 | Upgrade |
Net Cash Flow | 398 | -478 | 2,050 | 728 | 700 | 2,175 | Upgrade |
Free Cash Flow | 4,654 | 3,986 | 3,842 | 2,995 | 3,110 | 3,034 | Upgrade |
Free Cash Flow Growth | 28.24% | 3.75% | 28.28% | -3.70% | 2.50% | 56.39% | Upgrade |
Free Cash Flow Margin | 18.04% | 16.30% | 16.90% | 14.46% | 15.69% | 17.61% | Upgrade |
Free Cash Flow Per Share | 9.40 | 8.04 | 7.70 | 5.93 | 6.06 | 5.93 | Upgrade |
Cash Interest Paid | 738 | 591 | 499 | 431 | 441 | 481 | Upgrade |
Cash Income Tax Paid | 1,221 | 1,239 | 1,119 | 1,049 | 1,069 | 673 | Upgrade |
Levered Free Cash Flow | 4,344 | 3,892 | 3,703 | 3,356 | 3,544 | 2,860 | Upgrade |
Unlevered Free Cash Flow | 4,889 | 4,329 | 4,064 | 3,649 | 3,821 | 3,182 | Upgrade |
Change in Net Working Capital | 285 | 519 | 263 | 56 | -162 | -422 | Upgrade |
Updated Jul 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.