Aon plc (AON)
Q1-CY2026Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014
Balance Sheet Date2025-Dec-312025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-31
Fiscal PeriodQ4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014
Total Revenue4,300,000,000$3,997,000,000$4,155,000,000$4,729,000,000$4,147,000,000$3,721,000,000$3,760,000,000$4,070,000,000$3,375,000,000$2,953,000,000$3,177,000,000$3,871,000,000$3,130,000,000$2,696,000,000$2,983,000,000$3,670,000,000$3,080,000,000$2,702,000,000$2,886,000,000$3,525,000,000$2,965,000,000$2,385,000,000$2,497,000,000$3,219,000,000$2,885,000,000$2,379,000,000$2,606,000,000$3,143,000,000$2,770,000,000$2,349,000,000$2,561,000,000$3,090,000,000$2,909,000,000$2,340,000,000$2,368,000,000$2,381,000,000$2,650,000,000$2,201,000,000$2,282,000,000$2,276,000,000$3,227,000,000$2,752,000,000$2,836,000,000$2,867,000,000$3,299,000,000$2,880,000,000$2,919,000,000$2,947,000,000$
QoQ%7.58%(3.80%)(12.14%)14.03%11.45%(1.04%)(7.62%)20.59%14.29%(7.05%)(17.93%)23.67%16.10%(9.62%)(18.72%)19.16%13.99%(6.38%)(18.13%)18.89%24.32%(4.49%)(22.43%)11.58%21.27%(8.71%)(17.09%)13.47%17.92%(8.28%)(17.12%)6.22%24.32%(1.18%)(.55%)(10.15%)20.40%(3.55%).26%(29.47%)17.26%(2.96%)(1.08%)(13.10%)14.55%(1.34%)(.95%)(8.17%)
YoY%3.69%7.42%10.51%16.19%22.87%26.01%18.35%5.14%7.83%9.53%6.50%5.48%1.62%(.22%)3.36%4.11%3.88%13.29%15.58%9.51%2.77%.25%(4.18%)2.42%4.15%1.28%1.76%1.72%(4.78%).39%8.15%29.78%9.77%6.32%3.77%4.61%(17.88%)(20.02%)(19.54%)(20.61%)(2.18%)(4.44%)(2.84%)(2.72%)2.81%3.08%.76%1.10%
Cost Of Revenue0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$
Gross Profit4,300,000,000$3,997,000,000$4,155,000,000$4,729,000,000$4,147,000,000$3,721,000,000$3,760,000,000$4,070,000,000$3,375,000,000$2,953,000,000$3,177,000,000$3,871,000,000$3,130,000,000$2,696,000,000$2,983,000,000$3,670,000,000$3,080,000,000$2,702,000,000$2,886,000,000$3,525,000,000$2,965,000,000$2,385,000,000$2,497,000,000$3,219,000,000$2,885,000,000$2,379,000,000$2,606,000,000$3,143,000,000$2,770,000,000$2,349,000,000$2,561,000,000$3,090,000,000$2,909,000,000$2,340,000,000$2,368,000,000$2,381,000,000$2,650,000,000$2,201,000,000$2,282,000,000$2,276,000,000$3,227,000,000$2,752,000,000$2,836,000,000$2,867,000,000$3,299,000,000$2,880,000,000$2,919,000,000$2,947,000,000$
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Operating Expenses3,092,000,000$3,181,000,000$3,296,000,000$3,268,000,000$3,056,000,000$3,098,000,000$3,104,000,000$2,605,000,000$2,596,000,000$2,262,000,000$2,335,000,000$2,398,000,000$2,118,000,000$2,106,000,000$2,283,000,000$2,303,000,000$2,106,000,000$3,503,000,000$2,214,000,000$2,280,000,000$2,252,000,000$1,944,000,000$1,903,000,000$2,186,000,000$2,361,000,000$2,019,000,000$2,193,000,000$2,271,000,000$2,271,000,000$2,087,000,000$2,577,000,000$2,291,000,000$2,308,000,000$2,084,000,000$2,495,000,000$2,046,000,000$2,187,000,000$1,833,000,000$1,895,000,000$1,856,000,000$2,571,000,000$2,329,000,000$2,528,000,000$2,406,000,000$2,664,000,000$2,463,000,000$2,474,000,000$2,478,000,000$
Operating Income1,208,000,000$816,000,000$859,000,000$1,461,000,000$1,091,000,000$623,000,000$656,000,000$1,465,000,000$779,000,000$691,000,000$842,000,000$1,473,000,000$1,012,000,000$590,000,000$700,000,000$1,367,000,000$974,000,000$(801,000,000$)672,000,000$1,245,000,000$713,000,000$441,000,000$594,000,000$1,033,000,000$524,000,000$360,000,000$413,000,000$872,000,000$499,000,000$262,000,000$(16,000,000$)799,000,000$601,000,000$256,000,000$(127,000,000$)335,000,000$463,000,000$368,000,000$387,000,000$420,000,000$656,000,000$423,000,000$308,000,000$461,000,000$635,000,000$417,000,000$445,000,000$469,000,000$
Operating Margin28.09%20.42%20.67%30.89%26.31%16.74%17.45%36.00%23.08%23.40%26.50%38.05%32.33%21.88%23.47%37.25%31.62%(29.65%)23.29%35.32%24.05%18.49%23.79%32.09%18.16%15.13%15.85%27.74%18.01%11.15%(.63%)25.86%20.66%10.94%(5.36%)14.07%17.47%16.72%16.96%18.45%20.33%15.37%10.86%16.08%19.25%14.48%15.25%15.91%
Interest Income3,000,000$2,000,000$3,000,000$4,000,000$3,000,000$3,000,000$2,000,000$2,000,000$
Interest Expenses144,000,000$124,000,000$119,000,000$130,000,000$111,000,000$110,000,000$103,000,000$102,000,000$91,000,000$85,000,000$80,000,000$78,000,000$79,000,000$82,000,000$80,000,000$89,000,000$83,000,000$80,000,000$78,000,000$77,000,000$72,000,000$70,000,000$69,000,000$69,000,000$70,000,000$71,000,000$70,000,000$71,000,000$70,000,000$70,000,000$70,000,000$73,000,000$69,000,000$68,000,000$72,000,000$68,000,000$65,000,000$67,000,000$65,000,000$65,000,000$58,000,000$
Income Before Tax2,209,000,000$597,000,000$703,000,000$1,250,000,000$891,000,000$449,000,000$698,000,000$1,424,000,000$609,000,000$560,000,000$658,000,000$1,342,000,000$709,000,000$510,000,000$633,000,000$1,304,000,000$1,036,000,000$(868,000,000$)596,000,000$1,167,000,000$626,000,000$364,000,000$496,000,000$980,000,000$441,000,000$284,000,000$343,000,000$802,000,000$490,000,000$192,000,000$(86,000,000$)724,000,000$377,000,000$196,000,000$635,000,000$305,000,000$480,000,000$351,000,000$351,000,000$396,000,000$560,000,000$360,000,000$240,000,000$437,000,000$581,000,000$390,000,000$380,000,000$414,000,000$
Tax Expenses505,000,000$127,000,000$109,000,000$268,000,000$157,000,000$94,000,000$160,000,000$331,000,000$102,000,000$93,000,000$83,000,000$263,000,000$43,000,000$92,000,000$119,000,000$256,000,000$163,000,000$23,000,000$203,000,000$234,000,000$92,000,000$82,000,000$85,000,000$189,000,000$59,000,000$56,000,000$56,000,000$126,000,000$137,000,000$39,000,000$(144,000,000$)114,000,000$389,000,000$4,000,000$(143,000,000$)0$21,000,000$25,000,000$43,000,000$59,000,000$20,000,000$49,000,000$26,000,000$80,000,000$114,000,000$75,000,000$67,000,000$78,000,000$
Net Income1,704,000,000$470,000,000$594,000,000$982,000,000$734,000,000$355,000,000$538,000,000$1,093,000,000$507,000,000$467,000,000$575,000,000$1,079,000,000$666,000,000$418,000,000$514,000,000$1,048,000,000$873,000,000$(891,000,000$)393,000,000$933,000,000$534,000,000$282,000,000$411,000,000$791,000,000$382,000,000$228,000,000$287,000,000$676,000,000$353,000,000$153,000,000$58,000,000$610,000,000$(12,000,000$)192,000,000$778,000,000$305,000,000$459,000,000$326,000,000$308,000,000$337,000,000$540,000,000$311,000,000$214,000,000$357,000,000$467,000,000$315,000,000$313,000,000$336,000,000$
Profit Margin39.63%11.76%14.30%20.77%17.70%9.54%14.31%26.86%15.02%15.81%18.10%27.87%21.28%15.50%17.23%28.56%28.34%(32.98%)13.62%26.47%18.01%11.82%16.46%24.57%13.24%9.58%11.01%21.51%12.74%6.51%2.27%19.74%(.41%)8.21%32.86%12.81%17.32%14.81%13.50%14.81%16.73%11.30%7.55%12.45%14.16%10.94%10.72%11.40%
TTM21.83%16.33%15.91%15.95%17.33%16.70%18.40%19.46%19.65%21.23%21.27%21.11%21.20%22.95%12.42%11.53%10.73%8.02%18.21%18.99%18.24%16.99%16.50%15.22%14.28%14.17%13.52%11.46%10.90%7.42%7.78%14.65%12.63%17.81%19.46%14.69%15.20%15.13%14.20%12.64%12.17%11.48%11.39%12.14%11.88%11.08%10.73%10.23%
Earnings to Minority11,000,000$12,000,000$15,000,000$17,000,000$18,000,000$12,000,000$14,000,000$22,000,000$9,000,000$11,000,000$15,000,000$29,000,000$9,000,000$10,000,000$13,000,000$25,000,000$10,000,000$9,000,000$14,000,000$20,000,000$10,000,000$7,000,000$13,000,000$19,000,000$8,000,000$6,000,000$10,000,000$17,000,000$8,000,000$6,000,000$10,000,000$16,000,000$7,000,000$7,000,000$9,000,000$14,000,000$7,000,000$7,000,000$8,000,000$12,000,000$6,000,000$8,000,000$10,000,000$13,000,000$8,000,000$6,000,000$9,000,000$11,000,000$
Earnings to Common Shareholders1,693,000,000$458,000,000$579,000,000$965,000,000$716,000,000$343,000,000$524,000,000$1,071,000,000$498,000,000$456,000,000$560,000,000$1,050,000,000$657,000,000$408,000,000$501,000,000$1,023,000,000$863,000,000$(900,000,000$)379,000,000$913,000,000$524,000,000$275,000,000$398,000,000$772,000,000$374,000,000$222,000,000$277,000,000$659,000,000$345,000,000$147,000,000$48,000,000$594,000,000$(19,000,000$)185,000,000$769,000,000$291,000,000$452,000,000$319,000,000$300,000,000$325,000,000$534,000,000$303,000,000$204,000,000$344,000,000$459,000,000$309,000,000$304,000,000$325,000,000$
QoQ%269.65%(20.90%)(40.00%)34.78%108.75%(34.54%)(51.07%)115.06%9.21%(18.57%)(46.67%)59.82%61.03%(18.56%)(51.03%)18.54%195.89%(337.47%)(58.49%)74.24%90.55%(30.91%)(48.45%)106.42%68.47%(19.86%)(57.97%)91.01%134.69%206.25%(91.92%)3,226.32%(110.27%)(75.94%)164.26%(35.62%)41.69%6.33%(7.69%)(39.14%)76.24%48.53%(40.70%)(25.05%)48.54%1.65%(6.46%)(8.45%)
YoY%136.45%33.53%10.50%(9.90%)43.78%(24.78%)(6.43%)2.00%(24.20%)11.77%11.78%2.64%(23.87%)145.33%32.19%12.05%64.70%(427.27%)(4.77%)18.26%40.11%23.87%43.68%17.15%8.41%51.02%477.08%10.94%1,915.79%(20.54%)(93.76%)104.12%(104.20%)(42.01%)156.33%(10.46%)(15.36%)5.28%47.06%(5.52%)16.34%(1.94%)(32.90%)5.85%29.30%20.70%26.14%24.52%
Earnings Per Share, Basic7.86$2.12$2.68$4.46$3.31$1.58$2.47$5.38$2.49$2.25$2.74$5.09$3.17$1.93$2.35$4.75$3.94$(3.99$)1.67$4.02$2.29$1.18$1.71$3.31$1.59$0.94$1.15$2.72$1.42$0.60$0.20$2.39$(0.08$)0.72$2.93$1.10$1.70$1.19$1.12$1.20$1.95$1.08$0.72$1.21$1.60$1.06$1.02$1.07$
Earnings Per Share, Diluted7.82$2.11$2.66$4.43$3.28$1.57$2.46$5.35$2.47$2.23$2.71$5.07$3.14$1.92$2.33$4.73$3.87$(3.99$)1.66$4.00$2.27$1.18$1.70$3.29$1.58$0.93$1.14$2.70$1.41$0.60$0.19$2.37$(0.07$)0.72$2.93$1.09$1.69$1.18$1.11$1.19$1.92$1.07$0.71$1.20$1.56$1.04$1.01$1.06$
Unlevered FCF Per Share, Basic6.14$5.00$3.39$0.39$5.29$4.37$2.16$1.31$6.05$4.85$3.02$1.78$4.69$4.68$2.92$2.04$4.09$(0.56$)3.27$2.34$3.22$3.33$3.66$1.20$2.62$3.13$0.99$0.07$2.68$2.02$0.84$0.38$1.29$(0.74$)0.81$0.78$3.02$2.51$1.72$0.87$2.70$2.26$0.70$0.83$2.96$1.66$0.95$(0.22$)
Unlevered FCF Per Share, Diluted6.11$4.98$3.37$0.39$5.25$4.35$2.16$1.30$6.00$4.81$3.00$1.77$4.65$4.65$2.90$2.03$4.02$(0.56$)3.26$2.33$3.20$3.31$3.64$1.19$2.59$3.10$0.98$0.07$2.66$2.01$0.84$0.38$1.26$(0.74$)0.81$0.77$2.99$2.49$1.70$0.86$2.66$2.23$0.70$0.82$2.90$1.64$0.94$(0.21$)
Average Shares, Basic215,300,000215,700,000216,200,000216,400,000216,600,000217,400,000212,500,000199,100,000200,300,000202,900,000204,700,000206,100,000207,300,000210,900,000213,300,000215,300,000219,300,000225,400,000227,000,000227,100,000229,100,000232,600,000232,700,000233,200,000234,700,000236,900,000240,600,000242,200,000242,300,000244,000,000246,000,000248,500,000251,200,000255,600,000262,400,000264,800,000265,200,000267,500,000268,000,000271,700,000273,600,000280,900,000284,500,000284,200,000287,700,000292,300,000298,500,000303,500,000
Average Shares, Diluted216,500,000216,700,000217,300,000217,900,000218,200,000218,400,000213,300,000200,100,000202,000,000204,600,000206,300,000207,100,000209,100,000212,600,000214,700,000216,400,000222,900,000225,400,000228,000,000228,100,000230,800,000233,500,000233,600,000234,500,000236,800,000239,100,000242,800,000243,700,000244,800,000245,600,000247,400,000250,200,000256,100,000257,300,000262,400,000267,000,000268,100,000269,600,000269,800,000273,700,000277,600,000283,800,000286,700,000287,100,000293,500,000296,100,000301,600,000307,200,000
EBIT2,209,000,000$597,000,000$703,000,000$1,250,000,000$891,000,000$449,000,000$698,000,000$1,568,000,000$733,000,000$679,000,000$788,000,000$1,453,000,000$819,000,000$613,000,000$735,000,000$1,395,000,000$1,121,000,000$(788,000,000$)674,000,000$1,246,000,000$708,000,000$444,000,000$585,000,000$1,063,000,000$521,000,000$362,000,000$420,000,000$874,000,000$560,000,000$261,000,000$(17,000,000$)794,000,000$448,000,000$266,000,000$706,000,000$375,000,000$550,000,000$421,000,000$424,000,000$465,000,000$628,000,000$432,000,000$308,000,000$502,000,000$648,000,000$455,000,000$445,000,000$472,000,000$
EBITDA2,209,000,000$597,000,000$703,000,000$1,250,000,000$891,000,000$449,000,000$698,000,000$1,568,000,000$733,000,000$679,000,000$788,000,000$1,453,000,000$819,000,000$613,000,000$735,000,000$1,395,000,000$1,121,000,000$(788,000,000$)674,000,000$1,246,000,000$708,000,000$444,000,000$585,000,000$1,063,000,000$521,000,000$362,000,000$420,000,000$874,000,000$560,000,000$261,000,000$(17,000,000$)794,000,000$448,000,000$266,000,000$706,000,000$375,000,000$550,000,000$421,000,000$424,000,000$465,000,000$628,000,000$432,000,000$308,000,000$502,000,000$648,000,000$455,000,000$445,000,000$472,000,000$