Aon plc AON
- Market cap
- $59.0B
- P/E
- 15.2×
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Aon plc (AON) EV/EBITDA
As of 25 September 2026, Aon plc (AON) trades at a EV/EBITDA of 13.2×. Over the past ten years it has ranged from 12.4× (January 2015) to 37.1× (October 2021); the current reading is higher than 2% of that period. That is above the Insurance Brokers industry median of 12.4× and above the Financial sector median of 9.5×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 17.0× | (16.36%) |
| FY2024 | 20.3× | 18.93% |
| FY2023 | 17.1× | (8.55%) |
| FY2022 | 18.7× | (40.92%) |
| FY2021 | 31.6× | 80.84% |
| FY2020 | 17.5× | (15.05%) |
| FY2019 | 20.6× | 15.46% |
| FY2018 | 17.8× | (11.05%) |
| FY2017 | 20.0× | 19.15% |
| FY2016 | 16.8× | 3.75% |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 15.3× | 1.80% |
| Mar 2026 | 15.0× | (11.84%) |
| Dec 2025 | 17.0× | (4.72%) |
| Sep 2025 | 17.8× | (4.91%) |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| ARX Accelerant Holdings compare | 9.8× |
| BRO Brown & Brown, Inc. compare | 9.9× |
| WTW Willis Towers Watson Public Limited Company compare | 12.2× |
| MRSH Marsh compare | 12.5× |
| AON Aon plc | 13.2× |
| ERIE Erie Indemnity Company compare | 13.8× |
| AJG Arthur J. Gallagher & Co. compare | 17.6× |
| CRVL CorVel Corp. compare | 19.1× |
| BWIN Baldwin Insurance Group, Inc. compare | 62.3× |
| Insurance Brokers industry median | 12.4× |
| Financial sector median | 9.5× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on AON
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement