Aon plc AON Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 26.3%+2.9pp | 25.3%+0.9pp | 24.8%+1.2pp | 24.1%-1.3pp | 23.4%-4.4pp | |
| Net margin | 22.5%+7.0pp | 21.5%+4.6pp | 16%-0.4pp | 15.5%-2.5pp | 15.6%-3.5pp | |
| Returns | ||||||
| Return on equity | 46.8%— | 47.8%— | 38.3%— | 38%-48.1pp | —— | |
| Return on invested capital | 15.1%0.0pp | 14.5%-3.5pp | 14.5%-2.0pp | 13.6%-3.0pp | 15.1%-7.8pp | |
| Efficiency | ||||||
| Asset turnover | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.4×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.1×0.0× | 1.1×+0.1× | 1.1×0.0× | 1×-0.1× | 1×-0.3× | |
| Leverage | ||||||
| Debt-to-equity | 1.6×-1.1× | 1.7×-1.2× | 2.2×-0.7× | 2.3×-0.8× | 2.6×— | |
| Net debt / EBITDA | 2.9×-1.4× | 3.3×-0.9× | 3.7×-0.8× | 4×-0.6× | 4.3×+0.2× | |
| Per Share | ||||||
| Book value per share | $45.65+42.0% | $43.08+49.5% | $36.64+28.1% | $36.09+31.4% | $32.14+4,936% | |
| Valuation | ||||||
| Market capitalization | $69.16B-19.8% | $75.85B-2.4% | $76.89B+4.6% | $77.89B+33.2% | $86.2B+29.7% | |
| Price / earnings | 17.5×-16.3× | 20.5×-8.7× | 28.3×-1.9× | 29.9×+7.0× | 33.8×+8.1× | |
| Price / sales | 4×-1.3× | 4.4×-0.5× | 4.5×-0.4× | 4.6×+0.5× | 5.3×+0.4× | |
| Price / book | 7×-5.3× | 8.1×-4.6× | 9.7×-2.1× | 9.9×0.0× | 12.3×— | |
| EV / EBITDA | 17.4×-8.4× | 20×-3.5× | 21.1×-3.2× | 22.5×+2.4× | 25.8×+4.9× | |
| Dividend yield | 0.9%+0.3pp | 0.8%+0.1pp | 0.8%+0.1pp | 0.8%-0.1pp | 0.7%-0.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Aon plc's ratios come from?
- Every ratio is computed from Aon plc's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
