Aon plc

AON Financial Insurance Brokers

Aon plc’s revenue for fiscal 2025 (year ended December 2025) was $17.2 billion, up 9.45% from fiscal 2024.

Revenue
+2.60%
EPS
+5.66%
Free cash flow
+1.67%
Total debt
+67.0%

Quarter to September 2026, against a year earlier

343.42 1.25 −0.36%
Market cap
$73.1B
P/E
18.7×
Fwd P/E
22.9×
Dividend yield
0.93%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Aon plc (AON) Gross margin

Alert me on Gross margin

Aon plc's gross margin over the twelve months to 30 September 2026 was 48.8%, up 1.1 percentage points from fiscal 2025 (47.7%). Over the past ten years it has ranged from 40.0% (fiscal 2017) to 48.4% (fiscal 2023); the current reading is higher than 82% of that period. That is in line with the Insurance Brokers industry median of 49.5% and below the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 47.7% 0.46
FY2024 47.2% (1.16)
FY2023 48.4% 0.30
FY2022 48.1% 3.36
FY2021 44.7% (1.90)
FY2020 46.6% 1.61
FY2019 45.0% 1.70
FY2018 43.3% 3.37
FY2017 40.0% (1.44)
FY2016 41.4% 0.52

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 44.5% (1.98)
Jun 2026 46.5% (5.95)
Mar 2026 52.5% 1.69
Dec 2025 50.8% 7.29
43 more quarters

Against its own ten years

Low 40.0% High 48.4%
Ten-year median 45.0%
Current reading's percentile 100

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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