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AON

Aon plc
$357.51 -2.31 (-0.64%) At close · Jul 8
Market Cap
$76.36B
Shares
213,576,949

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue
$17.18B +9.4%
FY2025 Revenue FY2009–FY2025
Net Income
$3.7B +39.2%
FY2025 Net Income FY2009–FY2025
Operating Margin
25.28% +0.8pp
FY2025 Operating Margin FY2009–FY2025
Diluted EPS
$17.02 +36.3%
FY2025 Diluted EPS FY2009–FY2025
Operating Cash Flow
$3.48B +14.7%
FY2025 Operating Cash Flow FY2009–FY2025

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
$17.49B $17.18B $15.7B $13.38B $12.48B $12.19B $11.07B $11.01B $10.77B $10B $11.63B $11.68B $12.05B $11.82B $11.51B $11.29B $8.51B $7.6B
$593M $704M $277M $314M $352M $395M $423M $362M $154M
$176M $187M $232M $229M $242M $240M $232M $220M
$347M $365M $389M $135M $0
$12.89B $12.84B $11.86B $9.59B $8.81B $10.1B $8.29B $8.84B $9.23B $9.02B $9.72B $9.83B $10.08B $10.14B $9.92B $9.68B $7.29B $6.57B
$4.6B $4.34B $3.84B $3.79B $3.67B $2.09B $2.78B $2.17B $1.54B $979M $1.91B $1.85B $1.97B $1.67B $1.6B $1.61B $1.23B $1.02B
25.28% 24.43% 28.3% 29.4% 17.14% 25.13% 19.69% 14.34% 9.79% 16.39% 15.82% 16.32% 14.14% 13.86% 14.23% 14.4% 13.44%
$1.72B $1.17B $2.14B $2.08B $2.21B $1.91B $1.83B $1.83B
$788M $815M $788M $484M $406M $322M $334M $307M $278M $282M $282M $273M $255M $210M $228M $245M $182M $122M
$9M $10M $18M $15M
$1.23B $1.21B $348M -$163M -$125M $152M $12M $1M -$25M -$39M $36M $100M $44M $68M $3M $5M $34M $20M
$12M $10M $10M $5M $10M $8M $4M $4M $4M $12M $13M $13M $12M $20M $13M $7M $18M
$5.06B $4.76B $3.46B $3.17B $3.16B $1.93B $2.47B $1.87B $1.25B $685M $1.67B $1.69B $1.77B $1.54B
$1.06B $1.01B $742M $541M $510M $623M $448M $297M $146M $250M $239M $267M $334M $390M $360M $378M $300M $268M
$3.93B $3.7B $2.65B $2.56B $2.59B $1.26B $2.02B $1.57B $1.17B $1.26B $1.43B $1.42B $1.43B $1.15B $1.02B $1.01B $706M $747M
21.51% 16.91% 19.17% 20.75% 10.29% 18.24% 14.28% 10.9% 12.63% 12.3% 12.17% 11.88% 9.72% 8.86% 8.95% 8.29% 9.84%
$65M $55M $66M $64M $57M $53M $49M $41M $40M $37M $34M $37M $34M $35M $27M $31M $26M $45M
$916M $1.97B $1.53B $1.13B $1.23B $1.4B $1.39B $1.4B $1.11B $993M $979M
$4.47B $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
USD/shares $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 $3.03 $2.92 $2.41 $2.64
USD/shares $17.02 $12.49 $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
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
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
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2009–FY2025: $10.76B in buybacks, $6.06B in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
EV/EBIT
P/E (TTM)
19.62×
Insurance Brokers median 22.26×

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 2025-12-31 2024-12-31 2023-12-31 2022-12-31
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 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
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
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
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
Americas Other than United States $1,027,000,000 $911,000,000 $919,000,000 $940,000,000
Europe Middle East And Africa $2,565,000,000 $2,236,000,000 $2,263,000,000 $2,333,000,000

By Product & Service (USD)

Component 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31
Commercial Risk Solutions $7,043,000,000 $6,715,000,000 $6,635,000,000 $5,861,000,000 $5,857,000,000
Reinsurance Solutions $2,481,000,000 $2,190,000,000 $1,997,000,000 $1,814,000,000 $1,686,000,000
Health Solutions $2,433,000,000 $2,224,000,000 $2,154,000,000 $2,067,000,000 $2,104,000,000
Wealth Solutions $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 $1,140,000,000
Health $1,596,000,000 $1,515,000,000
PC Advisory $4,652,000,000 $4,169,000,000
Reinsurance $1,563,000,000 $1,429,000,000
Retirement $1,865,000,000 $1,755,000,000

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 2025-12-31 2024-12-31 2023-12-31 2022-12-31
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 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Risk Capital Segment 30.4% 31.3% 30.9% 32.5%
Human Capital Segment 23.9% 21.9% 28.4% 26.8%
Key facts CIK 315293 CUSIP G0403H108 13F (30d) 68 filings 49 filers Visit website Investor relations