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Aon plc AON Risk Capital — Operating Income (Loss)

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Other financials

Income statement

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Revenue$5.0B+6.4%
Operating income$1.7B+17.4%
Net income$1.2B+25.6%
EPS (diluted)$5.63+27.1%

Balance sheet

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Cash & equivalents$1.2B+22.2%
Total debt$15.3B-16.5%
Total equity$9.8B+40.4%
Total assets$51.4B+2.2%

Cash flow

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Operating cash flow$430.0M+207%
CapEx$67.0M+19.6%
Free cash flow$363.0M+332%

Valuation

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Market cap$70.84B0.0%
Enterprise value$84.96B-3.1%
P/E18×-9.2×
P/S4.1×-0.2×

Profitability

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Operating margin26.3%+2.9pp
Net margin22.5%+7.0pp
FCF margin20%+3.9pp

Returns & leverage

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Return on equity46.8%
Debt / equity1.6×-1.1×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Aon plc in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Aon plc’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aon plc's risk capital — operating income (loss)?
Aon plc (AON) reported risk capital — operating income (loss) of $1.38B in Q1 2026.
How has Aon plc's risk capital — operating income (loss) changed year-over-year?
Aon plc's risk capital — operating income (loss) increased by 15.5% year-over-year, from $1.2B to $1.38B.
What is the long-term trend for Aon plc's risk capital — operating income (loss)?
Over 3 years (2022 to 2025), Aon plc's risk capital — operating income (loss) has grown at a 5.9% compound annual growth rate (CAGR), from $2.9B to $3.44B.
What does risk capital — operating income (loss) mean?
This metric represents the core profitability of the Risk Capital segment after deducting operating expenses from segment revenues. It reflects the segment's ability to generate earnings through its primary brokerage and risk advisory activities. This figure is a key indicator of the segment's contribution to the overall firm's bottom line.