Fundamental analysis · SEC EDGAR · TTM through 30/09/2026
AON · NYSE · Financial
Fundamental quality
74
out of 100
Aon Plc fits the profile of a quality compounder: it pairs high return on capital (ROE 38.9%) with wide margins (net margin 22.2%) and a business that keeps growing (8.5% a year). On fundamental quality it scores 74 out of 100, profiling it as a company of reasonable quality. Its weakest area is its financial strength (net debt 5.38× EBITDA). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Aon is one of the world's two big insurance brokers: it insures nothing itself, but advises companies on their risks and negotiates their policies with insurers, for a commission. A pure intermediation business, capital-light and addictively recurring.
EPS growth: 14.4% · Revenue growth: 8.5%
Net margin: 22.2% · ROE: 38.9%
Net debt/EBITDA: 5.38x · FCF: 18.5%
Source: SEC EDGAR · TTM through 30/09/2026
The score includes +3 for dividend strength: 14 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.
The score combines growth, profitability and financial strength. Here its profitability weighs in its favor, while its financial strength drags it down the most.
Percentile against the other 71 Financial companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 11,066 | 1,969 | 2,642 | 6,845 |
| 2021 | 12,193 | 1,255 | 2,045 | 8,848 |
| 2022 | 12,479 | 2,589 | 3,023 | 10,080 |
| 2023 | 13,376 | 2,564 | 3,183 | 10,421 |
| 2024 | 15,698 | 2,654 | 2,817 | 15,931 |
| 2025 | 17,181 | 3,695 | 3,218 | 14,054 |
Between 2020 and 2025, revenue went from $11,066M to $17,181M (+55%) and net income went from $1,969M to $3,695M (+88%). Meanwhile, its margins have widened (from 18% to 22%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the nine months ended September 30, 2026, versus the nine months ended September 30, 2025 (SEC filings):
Compared with the previous close (June 30, 2026), this is what moved in its accounts:
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
$2.91
per share, yearly
17% of earnings
Payout
14 straight years raising it
Growth
The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →
Open your account in minutes with regulated brokers and buy U.S. and European stocks from small amounts. No paperwork.
The serious investor's standard
Open free account →Anyone who wants low commissions and access to almost any market in the world.
Popular in the U.S.
Open free account →Anyone investing in the U.S. who wants a powerful, commission-free stock app.
Investing carries risk of loss.
Is Aon Plc cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Aon Plc a good company to invest in?
In terms of business quality, Aon Plc scores 74 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is Aon Plc a profitable company?
Very. Aon Plc shows a net margin of 22.2% and an ROE of 38.9%, typical of a highly profitable business.
Does Aon Plc have a lot of debt?
Yes, its leverage is high: net debt is 5.38 times its EBITDA, and it has been rising.
Is Aon Plc growing?
Its revenue has grown 8.5% annualized in recent years and its earnings per share 14.4%, and without interruption since 2020.
Does Aon Plc generate cash?
Yes. It converts about 18.5% of its revenue into free cash flow, and has done so positively year after year.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
More Financial companies
Global Payments (GPN) · Nasdaq (NDAQ) · Fifth Third Bancorp (FITB) · M&T Bank (MTB) · Coinbase (COIN) · Robinhood (HOOD) · see more →
Who's behind the methodology and model · how the score is computed
Data: see Aon Plc's filings on EDGAR
Spotted a figure that looks wrong? Report it and we'll review it.