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. In the quarter to June 2026, revenue grew 2.19%, EPS fell 3.73%, free cash flow fell 34.0% and total debt fell 13.4%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five; insiders bought in the last twelve months.

292.55 5.75 +2.00%
Market cap
$60.8B
P/E
16.0×
Fwd P/E
21.1×
Dividend yield
1.07%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Aon plc (AON) Operating margin

Alert me on Operating margin

Aon plc's operating margin over the twelve months to 30 June 2026 was 26.5%, up 1.2 percentage points from fiscal 2025 (25.3%). Over the past ten years it has ranged from 10.7% (fiscal 2017) to 29.4% (fiscal 2022); the current reading is higher than 82% of that period. That is above the Insurance Brokers industry median of 15.4% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 25.3% 0.85
FY2024 24.4% (3.87)
FY2023 28.3% (1.10)
FY2022 29.4% 12.26
FY2021 17.1% (7.99)
FY2020 25.1% 5.44
FY2019 19.7% 5.35
FY2018 14.3% 3.69
FY2017 10.7% (8.60)
FY2016 19.3% 2.51

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 21.6% (12.52)
Mar 2026 34.1% 5.98
Dec 2025 28.1% 7.67
Sep 2025 20.4% (0.25)
42 more quarters

Against its own ten years

Low 10.7% High 29.4%
Ten-year median 19.7%
Current reading's percentile 83

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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