(AON) Aon - Overview

Sector: Financial Services | Industry: Insurance Brokers | Exchange: NYSE (USA) | Market Cap: 69.454m USD | Total Return: -7.7% in 12m

Risk Management, Insurance, Consulting, Advisory, Reinsurance
Total Rating 56
Safety 69
Buy Signal 0.55
Insurance Brokers
Industry Rotation: -9.7
Market Cap: 69.5B
Avg Turnover: 393M USD
ATR: 2.55%
Peers RS (IBD): 86.4
Risk 5d forecast
Volatility22.2%
Rel. Tail Risk-6.68%
Reward TTM
Sharpe Ratio-0.41
Alpha-22.68
Character TTM
Beta0.223
Beta Downside0.235
Drawdowns 3y
Max DD23.62%
CAGR/Max DD0.07
EPS (Earnings per Share) EPS (Earnings per Share) of AON over the last years for every Quarter: "2021-03": 4.28, "2021-06": 2.29, "2021-09": 1.74, "2021-12": 3.71, "2022-03": 4.83, "2022-06": 2.63, "2022-09": 2.02, "2022-12": 3.89, "2023-03": 5.17, "2023-06": 2.76, "2023-09": 2.32, "2023-12": 3.89, "2024-03": 5.66, "2024-06": 2.93, "2024-09": 1.57, "2024-12": 4.42, "2025-03": 5.67, "2025-06": 3.49, "2025-09": 2.11, "2025-12": 7.82,
EPS CAGR: 13.71%
EPS Trend: 9.3%
Last SUE: 4.00
Qual. Beats: 2
Revenue Revenue of AON over the last years for every Quarter: 2021-03: 3525, 2021-06: 2886, 2021-09: 2702, 2021-12: 3080, 2022-03: 3670, 2022-06: 2983, 2022-09: 2696, 2022-12: 3130, 2023-03: 3871, 2023-06: 3177, 2023-09: 2953, 2023-12: 3375, 2024-03: 4070, 2024-06: 3760, 2024-09: 3721, 2024-12: 4147, 2025-03: 4729, 2025-06: 4155, 2025-09: 3997, 2025-12: 4300,
Rev. CAGR: 4.32%
Rev. Trend: 74.2%
Last SUE: -1.42
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: AON Aon

Aon plc is a global professional services firm. It operates through two primary segments: Risk Capital and Human Capital. The company offers a broad range of services, including commercial risk solutions, health solutions, and wealth solutions. These services are typical for the insurance brokerage sector, which acts as an intermediary between clients and insurance carriers.

Aons offerings extend to reinsurance, a practice where insurers transfer portions of their risk portfolios to other insurers to reduce their own potential losses. They also provide capital markets advisory, including insurance-linked securities and M&A services. Their human capital segment focuses on retirement consulting, investments, and actuarial services, catering to various institutional clients such as corporations and public pension funds.

Further analysis of Aons financial performance and competitive landscape on ValueRay can provide deeper insights into its market position.

Headlines to Watch Out For
  • Global economic growth impacts corporate risk management spending
  • Insurance market pricing trends influence brokerage revenue
  • Regulatory changes in insurance and consulting sectors pose risks
  • Interest rate fluctuations affect investment income
  • Catastrophic events increase demand for reinsurance services
Piotroski VR‑10 (Strict) 5.0
Net Income: 3.69b TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.58 > 1.0
NWC/Revenue: 14.83% < 20% (prev 2.78%; Δ 12.05% < -1%)
CFO/TA 0.07 > 3% & CFO 3.48b > Net Income 3.69b
Net Debt (15.34b) to EBITDA (6.54b): 2.34 < 3
Current Ratio: 1.11 > 1.5 & < 3
Outstanding Shares: last quarter (216.5m) vs 12m ago -0.82% < -2%
Gross Margin: 55.91% > 18% (prev 0.47%; Δ 5.54k% > 0.5%)
Asset Turnover: 34.45% > 50% (prev 32.06%; Δ 2.39% > 0%)
Interest Coverage Ratio: 6.84 > 6 (EBITDA TTM 6.54b / Interest Expense TTM 815.0m)
Altman Z'' 0.96
A: 0.05 (Total Current Assets 25.77b - Total Current Liabilities 23.23b) / Total Assets 50.78b
B: -0.00 (Retained Earnings -245.0m / Total Assets 50.78b)
C: 0.11 (EBIT TTM 5.57b / Avg Total Assets 49.87b)
D: -0.10 (Book Value of Equity -4.09b / Total Liabilities 41.24b)
Altman-Z'' Score: 0.96 = BB
Beneish M -3.67
DSRI: 0.35 (Receivables 4.21b/11.09b, Revenue 17.18b/15.70b)
GMI: 0.84 (GM 55.91% / 47.24%)
AQI: 0.94 (AQ_t 0.47 / AQ_t-1 0.49)
SGI: 1.09 (Revenue 17.18b / 15.70b)
TATA: 0.00 (NI 3.69b - CFO 3.48b) / TA 50.78b)
Beneish M-Score: -3.67 (Cap -4..+1) = AAA
What is the price of AON shares? As of April 09, 2026, the stock is trading at USD 329.76 with a total of 1,396,532 shares traded.
Over the past week, the price has changed by +2.62%, over one month by -0.93%, over three months by -6.11% and over the past year by -7.68%.
Is AON a buy, sell or hold? Aon has received a consensus analysts rating of 3.55. Therefor, it is recommend to hold AON.
  • StrongBuy: 4
  • Buy: 5
  • Hold: 9
  • Sell: 2
  • StrongSell: 0
What are the forecasts/targets for the AON price?
Analysts Target Price 395.5 19.9%
Aon (AON) - Fundamental Data Overview as of 06 April 2026
P/E Trailing = 18.9748
P/E Forward = 16.9492
P/S = 4.0425
P/B = 7.4031
P/EG = 2.5688
Revenue TTM = 17.18b USD
EBIT TTM = 5.57b USD
EBITDA TTM = 6.54b USD
Long Term Debt = 14.66b USD (from longTermDebt, last quarter)
Short Term Debt = 589.0m USD (from shortTermDebt, last quarter)
Debt = 16.53b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 15.34b USD (from netDebt column, last quarter)
Enterprise Value = 84.79b USD (69.45b + Debt 16.53b - CCE 1.20b)
Interest Coverage Ratio = 6.84 (Ebit TTM 5.57b / Interest Expense TTM 815.0m)
EV/FCF = 26.35x (Enterprise Value 84.79b / FCF TTM 3.22b)
FCF Yield = 3.80% (FCF TTM 3.22b / Enterprise Value 84.79b)
FCF Margin = 18.73% (FCF TTM 3.22b / Revenue TTM 17.18b)
Net Margin = 21.51% (Net Income TTM 3.69b / Revenue TTM 17.18b)
Gross Margin = 55.91% ((Revenue TTM 17.18b - Cost of Revenue TTM 7.58b) / Revenue TTM)
Gross Margin QoQ = 83.56% (prev 43.48%)
Tobins Q-Ratio = 1.67 (Enterprise Value 84.79b / Total Assets 50.78b)
Interest Expense / Debt = 1.16% (Interest Expense 191.0m / Debt 16.53b)
Taxrate = 22.86% (505.0m / 2.21b)
NOPAT = 4.30b (EBIT 5.57b * (1 - 22.86%))
Current Ratio = 1.11 (Total Current Assets 25.77b / Total Current Liabilities 23.23b)
Debt / Equity = 1.77 (Debt 16.53b / totalStockholderEquity, last quarter 9.35b)
Debt / EBITDA = 2.34 (Net Debt 15.34b / EBITDA 6.54b)
Debt / FCF = 4.77 (Net Debt 15.34b / FCF TTM 3.22b)
Total Stockholder Equity = 8.03b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.41% (Net Income 3.69b / Total Assets 50.78b)
RoE = 45.99% (Net Income TTM 3.69b / Total Stockholder Equity 8.03b)
RoCE = 24.56% (EBIT 5.57b / Capital Employed (Equity 8.03b + L.T.Debt 14.66b))
RoIC = 17.36% (NOPAT 4.30b / Invested Capital 24.77b)
WACC = 5.64% (E(69.45b)/V(85.99b) * Re(6.77%) + D(16.53b)/V(85.99b) * Rd(1.16%) * (1-Tc(0.23)))
Discount Rate = 6.77% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 33.33 | Cagr: 3.53%
[DCF] Terminal Value 86.56% ; FCFF base≈3.06b ; Y1≈3.13b ; Y5≈3.47b
[DCF] Fair Price = 407.5 (EV 102.75b - Net Debt 15.34b = Equity 87.41b / Shares 214.5m; r=6.0% [WACC]; 5y FCF grow 2.08% → 3.0% )
EPS Correlation: 9.29 | EPS CAGR: 13.71% | SUE: 4.0 | # QB: 2
Revenue Correlation: 74.17 | Revenue CAGR: 4.32% | SUE: -1.42 | # QB: 0
EPS next Quarter (2026-06-30): EPS=3.86 | Chg7d=-0.015 | Chg30d=-0.018 | Revisions Net=-2 | Analysts=19
EPS current Year (2026-12-31): EPS=19.07 | Chg7d=-0.034 | Chg30d=-0.036 | Revisions Net=-3 | Growth EPS=+11.7% | Growth Revenue=+5.0%
EPS next Year (2027-12-31): EPS=21.47 | Chg7d=-0.056 | Chg30d=-0.073 | Revisions Net=-2 | Growth EPS=+12.6% | Growth Revenue=+6.5%
[Analyst] Revisions Ratio: -0.33 (2 Up / 4 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 2.7% (Discount Rate 7.9% - Earnings Yield 5.3%)
[Growth] Growth Spread = +1.8% (Analyst 4.4% - Implied 2.7%)
External Resources
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