Aon plc AON Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total Revenue by Business | ||||||
| Human Capital | $1.54B-3.6% | $1.6B+8.2% | $1.48B+14.3% | $1.29B-16.4% | $1.55B-4.2% | |
| Risk Capital | $3.5B+29.3% | $2.71B+7.2% | $2.53B-11.9% | $2.87B-10.2% | $3.19B+25.8% | |
| Costs and Expenses by Business | ||||||
| Human Capital | $1.1B+5.6% | $1.04B-9.2% | $1.14B-2.6% | $1.17B+2.8% | $1.14B-0.5% | |
| Risk Capital | $2.12B+10.5% | $1.92B-1.1% | $1.94B-3.1% | $2B+0.4% | $1.99B+12.3% | |
| Operating Income (Loss) by Business | ||||||
| Human Capital | $443M-20.6% | $558M+68.1% | $332M+184% | $117M-71.0% | $403M-13.1% | |
| Risk Capital | $1.38B+74.9% | $790M+35.0% | $585M-32.3% | $864M-27.8% | $1.2B+57.1% | |
| Foreign currency translation and other by Business | ||||||
| Human Capital | -$24M-260% | $15M— | —— | $105M+110% | $50M+417% | |
| Risk Capital | -$38M-246% | $26M— | $0-100% | $218M+163% | $83M+308% | |
| Investment income by Business | ||||||
| Human Capital | $2M0.0% | $2M-33.3% | $3M+200% | $1M-50.0% | $2M-33.3% | |
| Risk Capital | $53M-13.1% | $61M-15.3% | $72M+20.0% | $60M-7.7% | $65M-11.0% | |
| Operating margin by Business | ||||||
| Human Capital | 28.8%+24.7pp | 4.1%-18.4pp | 22.5%+13.4pp | 9.1%-17.0pp | 26.1%+23.1pp | |
| Risk Capital | 39.5%— | —— | 23.2%-6.9pp | 30.1%-7.4pp | 37.5%— | |
| Business Combination, Number of Businesses Acquired by Business | ||||||
| Human Capital | 0-100% | 2-50.0% | 4+300% | 10.0% | 1-75.0% | |
| Risk Capital | 5+150% | 2+100% | 10.0% | 1-83.3% | 6+200% | |
| Other expenses by Business | ||||||
| Human Capital | $264M+8.6% | $243M-17.6% | $295M-2.6% | $303M+3.1% | $294M-4.9% | |
| Risk Capital | $339M-12.9% | $389M+16.1% | $335M+5.0% | $319M-18.4% | $391M+21.1% | |
| Compensation and benefits by Business | ||||||
| Human Capital | $759M+6.3% | $714M-8.0% | $776M-2.5% | $796M+2.8% | $774M+1.6% | |
| Risk Capital | $1.63B+18.7% | $1.38B-5.5% | $1.46B-5.6% | $1.54B+5.5% | $1.46B+12.0% | |
| Information technology by Business | ||||||
| Human Capital | $46M-11.5% | $52M+18.2% | $44M-2.2% | $45M0.0% | $45M-4.3% | |
| Risk Capital | $96M-4.0% | $100M+6.4% | $94M+6.8% | $88M-2.2% | $90M-3.2% | |
| Goodwill by Business | ||||||
| Human Capital | $6.22B-0.4% | $6.25B+0.6% | $6.21B-6.0% | $6.6B+1.6% | $6.5B+0.7% | |
| Risk Capital | $9.7B+1.6% | $9.55B+0.6% | $9.5B+0.8% | $9.42B+2.4% | $9.2B+4.7% | |
| Premises by Business | ||||||
| Human Capital | $27M-6.9% | $29M+3.6% | $28M-6.7% | $30M+3.4% | $29M-3.3% | |
| Risk Capital | $53M-1.9% | $54M-3.6% | $56M+3.7% | $54M+3.8% | $52M-3.7% | |
| Goodwill related to current year acquisitions by Business | ||||||
| Human Capital | $0-100% | $27M+170% | $10M+100% | $5M-54.5% | $11M-99.0% | |
| Risk Capital | $190M+579% | $28M-73.1% | $104M+1,633% | $6M-98.2% | $340M-50.9% | |
| Total Revenue by Product | ||||||
| Commercial Risk Solutions | $2.22B-4.6% | $2.33B+17.2% | $1.99B-8.7% | $2.18B+8.8% | $2B-8.4% | |
| Health Solutions | $1.12B+1.2% | $1.11B+18.3% | $935M+21.1% | $772M-24.8% | $1.03B-4.1% | |
| Reinsurance Solutions | $1.28B+237% | $379M-29.4% | $537M-21.9% | $688M-42.1% | $1.19B+239% | |
| Wealth Solutions | $420M-14.3% | $490M-9.3% | $540M+4.0% | $519M0.0% | $519M-4.2% | |
| Charges by Product | ||||||
| Human Capital | $5M-28.6% | $7M+800% | -$1M-117% | $6M+50.0% | $4M— | |
| Risk Capital | $19M-44.1% | $34M+1,233% | -$3M-109% | $32M+68.4% | $19M+72.7% | |
| Expected cost by Product | ||||||
| Human Capital | $74M-7.5% | $80M+33.3% | $60M0.0% | $60M+20.0% | $50M0.0% | |
| Risk Capital | $286M-4.7% | $300M+30.4% | $230M+4.5% | $220M+10.0% | $200M0.0% | |
| Total Revenue by Geography | ||||||
| Americas other than U.S. | $384M-20.5% | $483M+26.8% | $381M-3.5% | $395M+5.6% | $374M-3.4% | |
| Asia Pacific | $409M-8.3% | $446M+8.8% | $410M-4.7% | $430M+1.2% | $425M-4.7% | |
| Europe, Middle East, & Africa other than U.K. and Ireland | $1.49B+112% | $702M+26.5% | $555M-12.5% | $634M-49.8% | $1.26B+99.4% | |
| Ireland | $53M+1.9% | $52M+23.8% | $42M-8.7% | $46M+2.2% | $45M+12.5% | |
| U.K. | $689M+48.5% | $464M-11.6% | $525M-13.9% | $610M-1.8% | $621M+52.6% | |
| U.S. | $2.01B-6.6% | $2.15B+3.3% | $2.08B+2.2% | $2.04B+1.9% | $2B-10.4% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Aon plc break its business down?
- Aon plc (AON) reports total revenue by business across 2 parts — Human Capital and Risk Capital. Each is extracted from the segment footnotes and tracked over time.
- Where does Aon plc's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Aon plc's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
