AON · Aon plc · Financials
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $17.58B | $17.18B | $15.7B | $13.38B | $12.48B | $12.19B | $11.07B | $11.01B | $10.77B | $10B | $9.41B | $9.48B | $12.05B | $11.82B | $11.51B | $11.29B | $8.51B | $7.6B | $7.53B | $7.23B | |
| — | — | — | — | — | — | — | — | $593M | $704M | $157M | $173M | $352M | $395M | $423M | $362M | $154M | $93M | $65M | — | |
| — | — | — | — | — | — | — | — | $176M | $187M | $162M | $164M | $242M | $240M | $232M | $220M | $151M | $149M | — | — | |
| $349M | $365M | $389M | $135M | $0 | $0 | $0 | $451M | $485M | — | — | — | — | — | — | — | — | — | — | — | |
| $12.92B | $12.84B | $11.86B | $9.59B | $8.81B | $10.1B | $8.29B | $8.84B | $9.23B | $8.93B | $7.6B | $7.89B | $10.08B | $10.14B | $9.92B | $9.69B | $7.27B | $6.57B | $6.59B | $6.23B | |
| $4.65B | $4.34B | $3.84B | $3.79B | $3.67B | $2.09B | $2.78B | $2.17B | $1.54B | $1.07B | $1.81B | $1.59B | $1.97B | $1.67B | $1.6B | $1.6B | $1.24B | $1.02B | $940M | $1B | |
| — | 25.28% | 24.43% | 28.3% | 29.4% | 17.14% | 25.13% | 19.69% | 14.34% | 10.65% | 19.25% | 16.74% | 16.32% | 14.14% | 13.86% | 14.14% | 14.61% | 13.44% | 12.49% | 13.87% | |
| — | — | — | — | — | — | — | — | $1.72B | $1.25B | $1.97B | $1.75B | $2.21B | $1.91B | $1.83B | $1.82B | $1.4B | $1.17B | — | — | |
| $755M | $815M | $788M | $484M | $406M | $322M | $334M | $307M | $278M | $282M | $282M | $273M | $255M | $210M | $228M | $245M | $182M | $122M | $126M | $138M | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | $9M | $10M | $18M | $15M | $16M | $64M | — | |
| $1.15B | $1.21B | $348M | -$163M | -$125M | $152M | $13M | $0 | -$25M | -$125M | -$137M | $100M | $44M | $68M | $2M | $19M | -$18M | $34M | $1M | $58M | |
| $7M | $10M | $10M | $5M | $10M | $8M | $4M | $4M | $4M | $12M | $13M | $13M | $12M | $20M | $13M | $7M | $18M | $18M | $38M | — | |
| $5.08B | $4.76B | $3.46B | $3.17B | $3.16B | $1.93B | $2.47B | $1.87B | $1.25B | $685M | $1.4B | $1.43B | $1.77B | $1.54B | $1.38B | $1.39B | — | — | — | — | |
| $1.11B | $1.01B | $742M | $541M | $510M | $623M | $448M | $297M | $146M | $250M | $148M | $175M | $334M | $390M | $360M | $378M | $300M | $268M | $242M | $348M | |
| $3.9B | $3.7B | $2.65B | $2.56B | $2.59B | $1.26B | $1.97B | $1.53B | $1.17B | $1.26B | $1.43B | $1.42B | $1.43B | $1.15B | $1.02B | $1.01B | $706M | $747M | $1.46B | $864M | |
| — | 21.51% | 16.91% | 19.17% | 20.75% | 10.29% | 17.79% | 13.91% | 10.9% | 12.63% | 15.2% | 15% | 11.88% | 9.72% | 8.86% | 8.95% | 8.29% | 9.84% | 19.42% | 11.94% | |
| $64M | $55M | $66M | $64M | $57M | $53M | $49M | $41M | $40M | $37M | $34M | $37M | $34M | $35M | $27M | $31M | $26M | $45M | $16M | $13M | |
| $916M | — | — | — | — | — | $1.97B | $1.53B | $1.13B | $1.23B | $1.4B | $1.39B | $1.4B | $1.11B | $993M | $979M | $706M | $747M | — | — | |
| $3.77B | $4.6B | $2.28B | $2.81B | $1.84B | $1.25B | $2.14B | $1.41B | $722M | $1.64B | $907M | $1.1B | $637M | $1.35B | $753M | $526M | $464M | $534M | — | — | |
| USD/shares | $18.21 | $17.11 | $12.55 | $12.60 | $12.23 | $5.59 | $8.49 | $6.42 | $4.62 | $4.74 | $5.21 | $4.93 | $4.73 | $3.57 | $3.02 | $2.92 | $2.41 | $2.64 | $4.99 | $2.83 |
| USD/shares | $18.14 | $17.02 | $12.49G | $12.51 | $12.14 | $5.55 | $8.45 | $6.37 | $4.59 | $4.70 | $5.16 | $4.88 | $4.66 | $3.53 | $2.99 | $2.87 | $2.37 | $2.57 | $4.80 | $2.66 |
| shares | — | 215.9M | 211.4M | 203.5M | 211.7M | 224.7M | 231.9M | 238.6M | 245.2M | 258.5M | 268.1M | 280.8M | 295.5M | 311.4M | 328.5M | 335.5M | 293.4M | 283.2M | 292.8M | 305M |
| shares | — | 217.1M | 212.5M | 205M | 213.2M | 226.1M | 233.1M | 240.6M | 247M | 260.7M | 270.3M | 283.8M | 299.6M | 315.4M | 332.6M | 340.9M | 298.1M | 291.1M | 304.5M | 326.9M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2007–FY2025: $13.28B in buybacks, $6.4B in dividends.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported total debt history
| As of | Reported label | Amount | Source |
|---|---|---|---|
| 2026-06-30 | Total debt | USD 15,000,000,000 |
10-Q filed 2026-07-29
Total debt at June 30, 2026 was $15.0 billion, a decrease of $282 million compared to December 31, 2025. |
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current debt and lease obligations | 2026-06-30 | USD 2,020,000,000 | 10-Q filed 2026-07-29 |
| Noncurrent debt carrying amount | 2026-06-30 | USD 12,947,000,000 | 10-Q filed 2026-07-29 |
| Noncurrent operating lease liabilities | 2026-06-30 | USD 730,000,000 | 10-Q filed 2026-07-29 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 6 similar-size Insurance Brokers companies (of 25 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Risk Capital Segment | $11,290,000,000 | $10,517,000,000 | $9,524,000,000 | $8,905,000,000 |
| Human Capital Segment | $5,907,000,000 | $5,209,000,000 | $3,864,000,000 | $3,591,000,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| United States | $8,279,000,000 | $7,666,000,000 | $5,923,000,000 | $5,666,000,000 | $5,459,000,000 | $5,032,000,000 | $5,016,000,000 | $4,677,000,000 |
| Europe Middle East And Africa Other Than United Kingdom And Ireland | $3,153,000,000 | $2,900,000,000 | $2,672,000,000 | $2,443,000,000 | $2,565,000,000 | $2,236,000,000 | $2,263,000,000 | $2,333,000,000 |
| United Kingdom | $2,220,000,000 | $1,975,000,000 | $1,819,000,000 | $1,660,000,000 | $1,681,000,000 | $1,579,000,000 | $1,502,000,000 | $1,555,000,000 |
| Asia Pacific | $1,711,000,000 | $1,676,000,000 | $1,589,000,000 | $1,474,000,000 | $1,334,000,000 | $1,224,000,000 | $1,238,000,000 | $1,185,000,000 |
| Americas Other Than United States | $1,633,000,000 | $1,335,000,000 | $1,260,000,000 | $1,137,000,000 | $1,027,000,000 | $911,000,000 | $919,000,000 | $940,000,000 |
| Ireland | $185,000,000 | $146,000,000 | $113,000,000 | $99,000,000 | $127,000,000 | $84,000,000 | $75,000,000 | $80,000,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Commercial Risk Solutions | $8,497,000,000 | $7,861,000,000 | $7,043,000,000 | $6,715,000,000 | $6,635,000,000 | $5,861,000,000 | $5,857,000,000 | — |
| Health Solutions | $3,839,000,000 | $3,335,000,000 | $2,433,000,000 | $2,224,000,000 | $2,154,000,000 | $2,067,000,000 | $2,104,000,000 | — |
| Reinsurance Solutions | $2,793,000,000 | $2,656,000,000 | $2,481,000,000 | $2,190,000,000 | $1,997,000,000 | $1,814,000,000 | $1,686,000,000 | $1,563,000,000 |
| Wealth Solutions | $2,068,000,000 | $1,874,000,000 | $1,431,000,000 | $1,367,000,000 | $1,426,000,000 | $1,341,000,000 | $1,380,000,000 | — |
| Data Solutions | — | — | — | — | — | — | — | $1,105,000,000 |
| Health | — | — | — | — | — | — | — | $1,596,000,000 |
| PC Advisory | — | — | — | — | — | — | — | $4,652,000,000 |
| Retirement | — | — | — | — | — | — | — | $1,865,000,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Risk Capital Segment | $3,436,000,000 | $3,292,000,000 | $2,946,000,000 | $2,895,000,000 |
| Human Capital Segment | $1,410,000,000 | $1,143,000,000 | $1,097,000,000 | $961,000,000 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Risk Capital Segment | 30.4% | 31.3% | 30.9% | 32.5% |
| Human Capital Segment | 23.9% | 21.9% | 28.4% | 26.8% |