AON Financials: Revenue & Earnings

AON price $317.62 +1.90 +0.60%

Ticker
AON
Price
$317.62
Change
+1.90 +0.60%
Market cap ?
$67.38B
P/E ?
16.56
Forward P/E ?
17.12
Dividend yield ?
1.04%
Beta ?
0.69
Sector
Financial Services
Industry
Insurance - Brokers
Stocklytics score
50
Value
45
Quality
56
Growth
50

Stocklytics score rationale: value 45, quality 56, growth 50.

Financials

2016201720182019202020212022202320242025
940900000099980000001077000000011013000000110660000001219300000012479000000133760000001569800000017181000000

Aon plc operates as a professional services firm in the United States, rest of the Americas, the United Kingdom, Ireland, rest of Europe, the Middle East, Africa, and the Asia Pacific. It operates through Risk Capital and Human Capital segments. The company offers commercial risk solutions comprising retail and insurance brokerage, specialty solutions, global risk consulting, captives management, and affinity…

Fair value

AON fair value $404.84. Price $317.62. Price is 22% below fair value.

Below fair value, and cheaper than usual. A larger discount than on 98% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 3.27B. Growth 14.92%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 212.13M. Net debt 15.34B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare AON

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2027-01-29—5.07—4.53B
2026-10-283.363.304.10B4.08B
2026-07-293.813.804.25B4.28B
2026-05-016.486.375.03B4.97B
2026-01-304.854.754.30B4.38B
2025-10-313.052.914.00B3.96B
2025-07-253.493.404.16B4.17B
2025-04-255.676.014.73B4.87B
2025-01-314.424.254.15B4.20B
2024-10-252.722.483.72B3.69B
2024-07-262.933.083.76B3.74B
2024-04-265.665.914.07B4.14B
2024-02-023.894.073.38B3.36B
2023-10-272.322.212.95B2.89B
2023-07-282.762.843.18B3.17B
2023-04-285.175.323.87B3.84B
2023-02-033.893.653.13B3.13B
2022-10-282.021.992.70B2.81B
2022-07-292.632.562.98B3.01B
2022-04-294.834.813.67B3.72B
2022-02-043.713.353.08B3.15B
2021-10-291.741.672.70B2.60B
2021-07-302.291.802.89B2.69B
2021-04-304.284.053.52B3.35B
2021-02-052.622.462.96B2.77B
2020-10-301.531.492.38B7.89B
2020-07-311.961.932.50B2.46B
2020-05-013.683.663.22B3.20B
2020-01-312.532.492.88B2.82B
2019-10-251.451.432.38B2.35B
2019-07-261.871.882.61B2.61B
2019-04-263.313.313.14B3.14B
2019-02-012.162.132.77B2.73B
2018-10-261.311.232.35B2.20B
2018-07-271.711.632.56B2.46B
2018-05-042.972.813.09B2.92B
2018-02-022.352.342.91B2.91B
2017-10-271.291.272.34B2.32B
2017-08-041.451.452.37B2.37B
2017-05-091.451.282.38B2.12B

Dividends

Yield 0.99%. Payout ratio 17.09%. Frequency Quarterly.

Safety score 91/100 · Safe. Payout ratio is 17% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 44 separate years. Yield is 1.0%, which is modest.

Ex-dateDividendRecordPaymentFrequency
2026-11-02$0.822026-11-022026-11-13Quarterly
2026-08-03$0.822026-08-032026-08-14Quarterly
2026-05-01$0.822026-05-012026-05-15Quarterly
2026-02-02$0.742026-02-022026-02-13Quarterly
2025-11-03$0.742025-11-032025-11-14Quarterly
2025-08-01$0.742025-08-012025-08-15Quarterly
2025-05-01$0.742025-05-012025-05-15Quarterly
2025-02-03$0.682025-02-032025-02-14Quarterly
2024-11-01$0.682024-11-012024-11-15Quarterly
2024-08-01$0.682024-08-012024-08-15Quarterly
2024-04-30$0.682024-05-012024-05-15Quarterly
2024-01-31$0.612024-02-012024-02-15Quarterly
2023-10-31$0.612023-11-012023-11-15Quarterly
2023-07-31$0.612023-08-012023-08-15Quarterly
2023-04-28$0.612023-05-012023-05-15Quarterly
2023-01-31$0.562023-02-012023-02-15Quarterly
2022-10-31$0.562022-11-012022-11-15Quarterly
2022-07-29$0.562022-08-012022-08-12Quarterly
2022-04-29$0.562022-05-022022-05-13Quarterly
2022-01-31$0.512022-02-012022-02-15Quarterly
2021-10-29$0.512021-11-012021-11-15Quarterly
2021-07-30$0.512021-08-022021-08-13Quarterly
2021-04-30$0.512021-05-032021-05-14Quarterly
2021-01-29$0.462021-02-012021-02-12Quarterly
2020-10-30$0.462020-11-022020-11-13Quarterly
2020-07-31$0.442020-08-032020-08-14Quarterly
2020-04-30$0.442020-05-012020-05-15Quarterly
2020-01-31$0.442020-02-032020-02-14Quarterly
2019-10-31$0.442019-11-012019-11-15Quarterly
2019-07-31$0.442019-08-012019-08-15Quarterly
2019-04-30$0.442019-05-012019-05-15Quarterly
2019-01-31$0.402019-02-012019-02-15Quarterly
2018-10-31$0.402018-11-012018-11-15Quarterly
2018-08-09$0.402018-08-102018-08-15Irregular
2018-07-31$0.402018-08-012018-08-15Quarterly
2018-04-30$0.402018-05-012018-05-15Quarterly
2018-01-31$0.362018-02-012018-02-15Quarterly
2017-10-31$0.362017-11-012017-11-15Quarterly
2017-07-28$0.362017-08-012017-08-15Quarterly
2017-04-27$0.362017-05-012017-05-15Quarterly
2017-01-30$0.332017-02-012017-02-15Quarterly
2016-10-28$0.332016-11-012016-11-15Quarterly
2016-07-28$0.332016-08-012016-08-15Quarterly
2016-04-28$0.332016-05-022016-05-16Quarterly
2016-01-28$0.302016-02-012016-02-16Quarterly
2015-10-29$0.302015-11-022015-11-16Quarterly
2015-07-30$0.302015-08-032015-08-17Quarterly
2015-04-29$0.302015-05-012015-05-15Quarterly
2015-01-29$0.252015-02-022015-02-17Quarterly
2014-10-30$0.252014-11-032014-11-14Quarterly
2014-07-30$0.252014-08-012014-08-15Quarterly
2014-04-29$0.252014-05-012014-05-15Quarterly
2014-01-30$0.172014-02-032014-02-17Quarterly
2013-10-30$0.172013-11-012013-11-15Quarterly
2013-07-30$0.172013-08-012013-08-15Quarterly
2013-04-29$0.172013-05-012013-05-15Quarterly
2013-01-30$0.162013-02-012013-02-15Quarterly
2012-10-31$0.162012-11-012012-11-15Quarterly
2012-07-30$0.162012-08-012012-08-15Quarterly
2012-04-27$0.162012-05-012012-05-15Quarterly
2012-01-30$0.152012-02-012012-02-15Quarterly
2011-10-28$0.152011-11-012011-11-15Quarterly
2011-07-28$0.152011-08-012011-08-15Quarterly
2011-04-28$0.152011-05-022011-05-16Quarterly
2011-01-28$0.152011-02-012011-02-15Quarterly
2010-10-28$0.152010-11-012010-11-15Quarterly
2010-07-29$0.152010-08-022010-08-16Quarterly
2010-04-29$0.152010-05-032010-05-17Quarterly
2010-01-28$0.152010-02-012010-02-15Quarterly
2009-10-29$0.152009-11-022009-11-16Quarterly
2009-07-30$0.152009-08-032009-08-17Quarterly
2009-04-29$0.152009-05-012009-05-15Quarterly
2009-01-29$0.152009-02-022009-02-16Quarterly
2008-10-30$0.152008-11-032008-11-17Quarterly
2008-07-30$0.152008-08-012008-08-14Quarterly
2008-04-29$0.152008-05-012008-05-14Quarterly
2008-01-30$0.152008-02-012008-02-14Quarterly
2007-10-30$0.152007-11-012007-11-14Quarterly
2007-07-30$0.152007-08-012007-08-14Quarterly
2007-04-27$0.152007-05-012007-05-14Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2027-05-21Virani NadinOther893——
2026-09-02KNIGHT LESTER BBuy367$330.51121.30K
2026-09-02KNIGHT LESTER BBuy1.44K$329.69474.75K
2026-09-02KNIGHT LESTER BBuy4.14K$328.341.36M
2026-09-02KNIGHT LESTER BBuy7.21K$327.522.36M
2026-09-02KNIGHT LESTER BBuy5.10K$326.531.66M
2026-09-02KNIGHT LESTER BBuy1.74K$325.63566.27K
2026-08-17Virani NadinOther0——
2026-07-28Zeidel DarrenSell700$376.00263.20K
2026-07-28Zeidel DarrenSell725$378.00274.05K
2026-07-28Zeidel DarrenSell475$380.00180.50K
2026-07-17Zeidel DarrenSell625$370.00231.25K
2026-07-17Zeidel DarrenSell650$372.00241.80K
2026-07-17Zeidel DarrenSell675$374.00252.45K
2026-07-07Zeidel DarrenSell600$360.00216.00K
2026-07-01Reese EdmundBuy3.98K——
2026-07-01Reese EdmundSell3.98K——
2026-07-01Reese EdmundSell2.20K$343.56755.18K
2026-06-25KNIGHT LESTER BBuy1.49K$0.0115
2026-06-25Alvarez Jose AntonioBuy776$0.018
2026-06-25Alvarez Jose AntonioSell372$315.95117.68K
2026-06-25FRANCIS CHERYL ABuy776$0.018
2026-06-25FRANCIS CHERYL ASell186$315.9558.84K
2026-06-25STAVRIDIS JAMES G.Buy776$0.018
2026-06-25STAVRIDIS JAMES G.Sell186$315.9558.84K
2026-06-25NOTEBAERT RICHARD CBuy776$0.018
2026-06-25NOTEBAERT RICHARD CSell186$315.9558.84K
2026-06-25SANTONA GLORIABuy776$0.018
2026-06-25SANTONA GLORIASell186$315.9558.84K
2026-06-25CAMPBELL JEFFREY CBuy776$0.018
2026-06-25CAMPBELL JEFFREY CSell186$315.9558.84K
2026-06-25Spruell ByronBuy776$0.018
2026-06-25Spruell ByronSell186$315.9558.84K
2026-06-25Cai Jin-YongBuy776$0.018
2026-06-25Cai Jin-YongSell397$315.95125.28K
2026-06-25SMITH SARAH GBuy776$0.018
2026-06-25SMITH SARAH GSell186$315.9558.84K
2026-06-25Jenkins Jo AnnBuy776$0.018
2026-06-25Jenkins Jo AnnSell186$315.9558.84K
2026-06-25Karaboutis AdrianaBuy776$0.018
2026-06-25Karaboutis AdrianaSell186$315.9558.84K
2026-05-12NOTEBAERT RICHARD CSell1.44K——
2026-03-15Marcell AndyOther1.39K——
2026-03-14Goltermann LoriOther870——
2026-03-14Corona AnneOther522——
2026-03-13Corona AnneBuy174——
2026-03-13Corona AnneSell77$321.4124.77K
2026-03-13Corona AnneBuy193——
2026-03-13Corona AnneSell85$321.4127.48K
2026-03-13Corona AnneSell174——
2026-03-13Corona AnneSell193——
2026-03-13Goltermann LoriBuy290——
2026-03-13Goltermann LoriSell126$321.4140.54K
2026-03-13Goltermann LoriBuy228——
2026-03-13Goltermann LoriSell99$321.4131.88K
2026-03-13Goltermann LoriSell290——
2026-03-13Goltermann LoriSell228——
2026-03-13Marcell AndyBuy1.17K——
2026-03-13Marcell AndyBuy464——
2026-03-13Marcell AndySell226$321.4172.63K
2026-03-13Marcell AndySell568$321.41182.50K
2026-03-13Marcell AndySell464——
2026-03-13Marcell AndySell1.17K——
2026-02-26Zeidel DarrenSell4.30K$329.721.42M
2026-02-19Case Gregory CBuy11.21K——
2026-02-19Case Gregory CBuy11.21K——
2026-02-19Case Gregory CSell7.50K——
2026-02-19Case Gregory CSell7.50K——
2026-02-19Case Gregory CSell11.21K——
2026-02-19Case Gregory CSell11.21K——
2026-02-18Stevens LisaSell32——
2026-02-17Case Gregory CBuy2.36K——
2026-02-17Case Gregory CSell1.00K$325.96326.51K
2026-02-17Case Gregory CSell3.21K——
2026-02-17Case Gregory CSell3.21K——
2026-02-17Case Gregory CBuy3.21K——
2026-02-17Case Gregory CSell2.36K——
2026-02-17Zeidel DarrenSell5.04K$325.791.64M
2026-02-13Zeidel DarrenBuy871——
2026-02-13Zeidel DarrenBuy209——
2026-02-13Zeidel DarrenSell93$321.7029.78K
2026-02-13Zeidel DarrenSell386$321.70124.13K
2026-02-13Zeidel DarrenSell209——
2026-02-13Zeidel DarrenSell871——
2026-02-13Stevens LisaBuy1.45K——
2026-02-13Stevens LisaBuy478——
2026-02-13Stevens LisaSell231$321.7074.32K
2026-02-13Stevens LisaSell701$321.70225.59K
2026-02-13Stevens LisaSell478——
2026-02-13Stevens LisaSell1.45K——
2026-02-13Simon Mindy F.Buy254——
2026-02-13Simon Mindy F.Sell109$321.7035.01K
2026-02-13Simon Mindy F.Sell254——
2026-02-13Reese EdmundBuy598——
2026-02-13Reese EdmundSell251$321.7080.68K
2026-02-13Reese EdmundSell598——
2026-02-12Zeidel DarrenBuy7.13K——
2026-02-12Zeidel DarrenSell2.70K$314.49847.75K
2026-02-12Zeidel DarrenBuy1.11K——
2026-02-12Stevens LisaBuy15.86K——

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 1.29K, holders +3 vs prior quarter. Ownership 90.78%.

HolderSharesChangeChange %Value
BLACKROCK, INC.15.72M-432.08K-2.68%5.21B
VANGUARD CAPITAL MANAGEMENT LLC13.60M21.71K+0.16%4.51B
JPMORGAN CHASE & CO12.18M6.53M+115.83%3.99B
CAPITAL WORLD INVESTORS11.71M233.86K+2.04%3.88B
STATE STREET CORP9.42M196.27K+2.13%3.12B
DODGE & COX8.59M477.05K+5.88%2.85B
MASSACHUSETTS FINANCIAL SERVICES CO /MA/7.62M-742.70K-8.89%2.58B
VANGUARD PORTFOLIO MANAGEMENT LLC7.20M2.64M+57.99%2.39B
MORGAN STANLEY6.21M-160.16K-2.51%2.06B
GEODE CAPITAL MANAGEMENT, LLC5.18M-63.76K-1.22%1.71B
BANK OF NEW YORK MELLON CORP3.19M-129.88K-3.91%1.06B
PRICE T ROWE ASSOCIATES INC /MD/3.14M1.86M+144.87%1.04B
NORGES BANK2.80M2.80MNew927.66M
MITSUBISHI UFJ ASSET MANAGEMENT CO., LTD.2.75M237.28K+9.43%913.45M
INDEPENDENT FRANCHISE PARTNERS LLP2.65M58.94K+2.28%877.96M
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP2.61M1.82M+227.90%867.29M
DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN2.26M-692.64K-23.49%748.22M
BOSTON PARTNERS2.09M134.74K+6.89%695.75M
NORTHERN TRUST CORP2.04M-41.57K-2.00%676.82M
AQR CAPITAL MANAGEMENT LLC1.91M926.04K+94.52%623.01M
WCM INVESTMENT MANAGEMENT, LLC1.88M-76.52K-3.92%614.48M
ARTISAN PARTNERS LIMITED PARTNERSHIP1.85M206.47K+12.56%613.83M
GOLDMAN SACHS GROUP INC1.75M164.81K+10.40%580.06M
NEUBERGER BERMAN GROUP LLC1.69M-166.10K-8.94%561.08M
BANK OF AMERICA CORP /DE/1.62M42.29K+2.67%538.99M

Earnings and financials

Aon plc (AON) trades at $317.62, with a market cap of $67.38B and a trailing P/E of 16.56. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.

Financials

2016201720182019202020212022202320242025
940900000099980000001077000000011013000000110660000001219300000012479000000133760000001569800000017181000000

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AON Financials: Revenue & Earnings

AON$317.62+1.90 +0.60%

$67.38B

Market Cap

16.56

P/E

17.12

Forward P/E

50

Score

Price History