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Aon plc AON Net debt

Discontinued — last reported Q2 '26

Net debt at other companies

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19.2×+12.3×
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0.1×-0.3×
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-0.2×
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0.6×-1.3×
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0.3×+0.3×

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$76.48B-1.6%
Enterprise value$91.12B-3.8%
P/E19.5×-10.3×
P/S4.4×-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

Calculated from Aon plc’s reported figures.

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

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

FAQ

What is Aon plc's net debt?
Aon plc (AON) reported net debt of $14.64B in Q2 2026.
How has Aon plc's net debt changed year-over-year?
Aon plc's net debt decreased by 13.8% year-over-year, from $16.99B to $14.64B.
What is the long-term trend for Aon plc's net debt?
Over 5 years (2020 to 2025), Aon plc's net debt has grown at a 13.1% compound annual growth rate (CAGR), from $8.04B to $14.88B.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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