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Aon plc AON Human Capital — Expected cost

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Other financials

Income statement

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Revenue$4.2B+2.2%
Operating income$915.0M+6.5%
Net income$551.0M-4.8%
EPS (diluted)$2.58-3.0%

Balance sheet

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Cash & equivalents$1.1B+5.4%
Total debt$15.7B-12.8%
Total equity$9.6B+22.4%
Total assets$53.3B-1.2%

Cash flow

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Operating cash flow$556.0M-30.2%
CapEx$73.0M+14.1%
Free cash flow$483.0M-34.0%

Valuation

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Market cap$76.36B-2.4%
Enterprise value$90.99B-4.4%
P/E19.5×-10.6×
P/S4.3×-0.3×

Profitability

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Operating margin26.5%+2.4pp
Net margin22.3%+6.7pp
FCF margin18.5%+1.1pp

Returns & leverage

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Return on equity44.9%+6.9pp
Debt / equity1.6×-0.7×
Current ratio0.0×

Where this comes from

Reported directly by Aon plc in its filing.

Tagged under the XBRL concept us-gaap:RestructuringAndRelatedCostExpectedCost1.

The source filing: Aon plc’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:08 PM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q4 2026
Accession
0001628280-26-050610

The Program is currently expected to result in cumulative costs of $1.3 billion, consisting of approximately $1.2 billion of cash charges and approximately $0.1 billion of non-cash charges. For the three and six months ended June 30, 2026, total Program costs incurred were $96 million and $188 million, respectively. Over the life of the Program, the Risk Capital segment is expected to incur approximately $290 million of charges, while the Human Capital segment is expected to incur approximately $70 million of charges, with the remaining charges relating to corporate expenses.

Item 1. Financial Statements

FAQ

What is Aon plc's human capital — expected cost?
Aon plc (AON) reported human capital — expected cost of $70M in Q2 2026.
How has Aon plc's human capital — expected cost changed year-over-year?
Aon plc's human capital — expected cost increased by 16.7% year-over-year, from $60M to $70M.
What does human capital — expected cost mean?
This metric represents the anticipated operational expenditures required to deliver Human Capital services, including personnel, technology, and administrative costs. It serves as a baseline for budgeting and performance evaluation within the segment. Monitoring this helps management assess the accuracy of cost forecasting and the impact of scaling operations.

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