AON Stock Analysis: Aon | NYSE
Insurance Brokers | NYSE, USA | Market Cap: 57.374m USD | 12M Return: -23.4% | IE00BLP1HW54 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 592M
EPS Trend: 99.2%
Qual. Beats: 0
Rev. Trend: 97.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Aon plc is a Dublin-headquartered professional services firm that operates globally across the Americas, EMEA, and Asia Pacific through two main segments: Risk Capital and Human Capital. The company delivers commercial risk and insurance brokerage, reinsurance, health and benefits consulting, wealth and retirement advisory, and capital markets advisory services to corporate, public sector, and institutional clients. Incorporated in 1979, Aon is classified within the insurance brokerage industry and generates revenue primarily through commissions, fees, and advisory retainers on policies and consulting engagements rather than by underwriting insurance risk itself. The firm competes in a highly consolidated global brokerage market alongside peers such as Marsh McLennan and WTW, where scale and cross-border capabilities are key competitive advantages.
- Commercial Risk Solutions organic revenue drives segment growth
- Reinsurance pricing cycle impact on treaty and facultative placements
- Human Capital health and wealth consulting demand expands margins
| Net Income: 3.91b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.70 > 1.0 |
| NWC/Revenue: 5.05% < 20% (prev 4.47%; Δ 0.59% < -1%) |
| CFO/TA 0.07 > 3% & CFO 3.53b > Net Income 3.91b |
| Net Debt (15.5b) to EBITDA (6.73b): 2.31 < 3 |
| Current Ratio: 1.03 > 1.5 & < 3 |
| Outstanding Shares: last quarter (214.6m) vs 12m ago -1.24% < -2% |
| Gross Margin: 83.13% > 18% (prev 47.00%; Δ 36.13% > 0.5%) |
| Asset Turnover: 32.74% > 50% (prev 31.02%; Δ 1.73% > 0%) |
| Interest Coverage Ratio: 5.24 > 6 (EBIT TTM 5.83b / Interest Expense TTM 1.11b) |
| A: 0.02 (Total Current Assets 28.1b - Total Current Liabilities 27.2b) / Total Assets 53.3b |
| B: 0.00 (Retained Earnings 82.0m / Total Assets 53.3b) |
| C: 0.11 (EBIT TTM 5.83b / Avg Total Assets 53.7b) |
| D: 0.22 (Book Value of Equity 9.66b / Total Liabilities 43.6b) |
| Altman-Z'' = 1.08 = BB |
| DSRI: 1.00 (Receivables 18.2b/17.4b, Revenue 17.6b/16.8b) |
| GMI: 0.57 (GM 47.00% / 83.13%) |
| AQI: 0.97 (AQ_t 0.44 / AQ_t-1 0.46) |
| SGI: 1.05 (Revenue 17.6b / 16.8b) |
| TATA: 0.01 (NI 3.91b - CFO 3.53b) / TA 53.3b) |
| Beneish M = -3.40 (Cap -4..+1) = AA |
As of October 10, 2026, the stock is trading at USD 273.47 with a total of 1,799,573 shares traded. Over the past week, the price has changed by +1.49%, over one month by -10.25%, over three months by -22.91% and over the past year by -23.42%.
Current recommended Stop Loss: 264.30 (which is 3.4% or 1.3 ATR below the current price).
Aon has received a consensus analysts rating of 3.86. Therefore, it is recommended to buy AON.
- StrongBuy: 9
- Buy: 4
- Hold: 5
- Sell: 2
- StrongSell: 1
| Analysts Target Price | 368.7 | 34.8% |
P/E Trailing = 14.9101
P/E Forward = 13.4771
P/S = 3.2641
P/B = 6.2236
P/EG = 2.2083
Revenue TTM = 17.6b USD
EBIT TTM = 5.83b USD
EBITDA TTM = 6.73b USD
Long Term Debt = 12.9b USD (from longTermDebt, last quarter)
Short Term Debt = 2.20b USD (from shortTermDebt, last quarter)
Debt = 16.8b USD (from shortLongTermDebtTotal, last quarter) + Leases 907.0m
Net Debt = 15.5b USD (calculated: Debt 16.8b - CCE 1.27b)
Enterprise Value = 72.9b USD (57.4b + Debt 16.8b - CCE 1.27b)
Interest Coverage Ratio = 5.24 (Ebit TTM 5.83b / Interest Expense TTM 1.11b)
EV/FCF = 22.44x (Enterprise Value 72.9b / FCF TTM 3.25b)
FCF Yield = 4.46% (FCF TTM 3.25b / Enterprise Value 72.9b)
FCF Margin = 18.48% (FCF TTM 3.25b / Revenue TTM 17.6b)
Net Margin = 22.27% (Net Income TTM 3.91b / Revenue TTM 17.6b)
Gross Margin = 83.13% ((Revenue TTM 17.6b - Cost of Revenue TTM 2.97b) / Revenue TTM)
Gross Margin QoQ = none% (prev 87.66%)
Tobins Q-Ratio = 1.37 (Enterprise Value 72.9b / Total Assets 53.3b)
Interest Expense / Debt = 6.63% (Interest Expense 1.11b / Debt 16.8b)
Taxrate = 21.74% (1.10b / 5.08b)
NOPAT = 4.56b (EBIT 5.83b * (1 - 21.74%))
Current Ratio = 1.03 (Total Current Assets 28.1b / Total Current Liabilities 27.2b)
Debt / Equity = 1.74 (Debt 16.8b / totalStockholderEquity, last quarter 9.66b)
Debt / EBITDA = 2.31 (Net Debt 15.5b / EBITDA 6.73b)
Debt / FCF = 4.78 (Net Debt 15.5b / FCF TTM 3.25b)
Total Stockholder Equity = 9.20b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.29% (Net Income 3.91b / Total Assets 53.3b)
RoE = 42.56% (Net Income TTM 3.91b / Total Stockholder Equity 9.20b)
RoCE = 26.34% (EBIT 5.83b / Capital Employed (Equity 9.20b + L.T.Debt 12.9b))
RoIC = 16.64% (NOPAT 4.56b / Invested Capital 27.4b)
WACC = 5.19% (E(57.4b)/V(74.2b) * Re(5.19%) + D(16.8b)/V(74.2b) * Rd(6.63%) * (1-Tc(0.22)))
Discount Rate = 5.19% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 43.96 | Cagr: 3.16%
[DCF] Terminal Value 76.83% ; FCFF base≈3.11b ; Y1≈3.42b ; Y5≈4.35b
[DCF] Fair Price = 240.1 (EV 66.5b - Net Debt 15.5b = Equity 50.9b / Shares 212.1m; r=8.35% [WACC [floored]]; 5y FCF grow 11.54% → 2.50% )
EPS Correlation: 99.21 | EPS CAGR: 9.89% | SUE: 0.20 | # QB: 0
Revenue Correlation: 97.51 | Revenue CAGR: 12.75% | SUE: -0.35 | # QB: 0
EPS current Quarter (2026-09-30): EPS=3.31 | Chg30d=-1.74% | Revisions=-50% | Analysts=21
EPS current Year (2026-12-31): EPS=18.59 | Chg30d=-1.14% | Revisions=-74% | GrowthEPS=+8.9% | GrowthRev=+4.3%
EPS next Year (2027-12-31): EPS=20.22 | Chg30d=-1.01% | Revisions=-69% | GrowthEPS=+8.8% | GrowthRev=+20.8%
[Analyst] Revisions Ratio: -74% (up=4, down=36)