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Aon plc AON Operating margin

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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$76.48B-1.6%
Enterprise value$91.12B-3.8%
P/E19.5×-10.3×
P/S4.4×-0.3×

Profitability

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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.

Based on trailing twelve months.

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 operating margin?
Aon plc (AON) reported operating margin of 26.5% in Q2 2026.
How has Aon plc's operating margin changed year-over-year?
Aon plc's operating margin increased by 10.0% year-over-year, from 24.1% to 26.5%.
What is the long-term trend for Aon plc's operating margin?
Over 5 years (2020 to 2025), Aon plc's operating margin has grown at a 0.1% compound annual growth rate (CAGR), from 25.1% to 25.3%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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