Aon plc AON Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total Revenue by Business | ||||||
| Human Capital | $5.9B-0.1% | $5.91B-0.3% | $5.92B+1.8% | $5.82B+2.9% | $5.65B+8.5% | |
| Risk Capital | $11.6B+2.8% | $11.29B+1.5% | $11.12B+1.6% | $10.95B+2.0% | $10.73B+2.1% | |
| Costs and Expenses by Business | ||||||
| Human Capital | $4.45B-1.0% | $4.5B-2.4% | $4.61B-0.5% | $4.63B+3.1% | $4.49B+10.5% | |
| Risk Capital | $7.98B+1.6% | $7.85B+1.9% | $7.71B+1.9% | $7.57B+1.8% | $7.43B+2.8% | |
| Operating Income (Loss) by Business | ||||||
| Human Capital | $1.45B+2.8% | $1.41B+7.1% | $1.32B+11.0% | $1.19B+2.3% | $1.16B+1.4% | |
| Risk Capital | $3.62B+5.4% | $3.44B+0.8% | $3.41B+0.7% | $3.38B+2.4% | $3.3B+0.4% | |
| Foreign currency translation and other by Business | ||||||
| Risk Capital | $206M-37.0% | $327M+25.3% | $261M+18.1% | $221M+697% | -$37M+76.9% | |
| Investment income by Business | ||||||
| Human Capital | $8M0.0% | $8M-11.1% | $9M+12.5% | $8M-11.1% | $9M+12.5% | |
| Risk Capital | $246M-4.7% | $258M-4.4% | $270M-3.9% | $281M-4.4% | $294M-4.2% | |
| Operating margin by Business | ||||||
| Human Capital | 64.5%+2.7pp | 61.8%+1.1pp | 60.7%+7.7pp | 53%+1.1pp | 51.9%-9.0pp | |
| Business Combination, Number of Businesses Acquired by Business | ||||||
| Human Capital | 7-12.5% | 8-20.0% | 10-9.1% | 11-15.4% | 13+8.3% | |
| Risk Capital | 9-10.0% | 100.0% | 10-16.7% | 12-25.0% | 16+60.0% | |
| Other expenses by Business | ||||||
| Human Capital | $1.11B-2.6% | $1.14B-5.5% | $1.2B-4.3% | $1.26B+3.7% | $1.21B+15.3% | |
| Risk Capital | $1.38B-3.6% | $1.43B+4.8% | $1.37B+4.5% | $1.31B-0.8% | $1.32B+7.7% | |
| Compensation and benefits by Business | ||||||
| Human Capital | $3.05B-0.5% | $3.06B-1.5% | $3.11B+1.2% | $3.07B+2.9% | $2.99B+9.0% | |
| Risk Capital | $6B+2.9% | $5.83B+1.2% | $5.76B+1.5% | $5.68B+2.7% | $5.52B+2.0% | |
| Information technology by Business | ||||||
| Human Capital | $187M+0.5% | $186M+2.8% | $181M-1.6% | $184M+3.4% | $178M+6.0% | |
| Risk Capital | $378M+1.6% | $372M+1.9% | $365M+0.3% | $364M-1.4% | $369M+0.3% | |
| Goodwill by Business | ||||||
| Human Capital | $25.28B-1.1% | $25.55B-0.8% | $25.76B— | —— | —— | |
| Risk Capital | $38.17B+1.3% | $37.67B+2.1% | $36.9B— | —— | —— | |
| Premises by Business | ||||||
| Human Capital | $114M-1.7% | $116M-0.9% | $117M-2.5% | $120M+1.7% | $118M+7.3% | |
| Risk Capital | $217M+0.5% | $216M0.0% | $216M-0.5% | $217M0.0% | $217M+0.9% | |
| Goodwill related to current year acquisitions by Business | ||||||
| Human Capital | $42M-20.8% | $53M-95.2% | $1.12B-49.2% | $2.19B-33.1% | $3.28B-24.7% | |
| Risk Capital | $328M-31.4% | $478M-58.1% | $1.14B-34.0% | $1.73B-28.4% | $2.42B-12.7% | |
| Total Revenue by Product | ||||||
| Commercial Risk Solutions | $8.72B+2.6% | $8.5B+1.7% | $8.35B+1.7% | $8.22B+2.0% | $8.06B+2.5% | |
| Health Solutions | $3.93B+2.4% | $3.84B+0.9% | $3.8B+1.7% | $3.74B+3.0% | $3.63B+8.8% | |
| Reinsurance Solutions | $2.88B+3.2% | $2.79B+1.0% | $2.77B+1.2% | $2.73B+2.0% | $2.68B+0.8% | |
| Wealth Solutions | $1.97B-4.8% | $2.07B-2.5% | $2.12B+2.0% | $2.08B+2.8% | $2.02B+8.0% | |
| Charges by Product | ||||||
| Human Capital | $17M+6.3% | $16M+77.8% | $9M-35.7% | $14M-30.0% | $20M-25.9% | |
| Risk Capital | $82M0.0% | $82M+39.0% | $59M-19.2% | $73M-18.9% | $90M-21.1% | |
| Expected cost by Product | ||||||
| Human Capital | $274M+9.6% | $250M+13.6% | $220M— | —— | —— | |
| Risk Capital | $1.04B+9.1% | $950M+11.8% | $850M— | —— | —— | |
| Total Revenue by Geography | ||||||
| Americas other than U.S. | $1.64B+0.6% | $1.63B+6.2% | $1.54B+8.3% | $1.42B+2.4% | $1.39B+3.8% | |
| Asia Pacific | $1.7B-0.9% | $1.71B0.0% | $1.71B+0.1% | $1.71B+1.1% | $1.69B+0.9% | |
| Europe, Middle East, & Africa other than U.K. and Ireland | $3.38B+7.2% | $3.15B+2.2% | $3.08B+2.1% | $3.02B+2.3% | $2.95B+1.8% | |
| Ireland | $193M+4.3% | $185M+6.9% | $173M+2.4% | $169M+7.0% | $158M+8.2% | |
| U.K. | $2.29B+3.1% | $2.22B+2.6% | $2.16B+4.2% | $2.08B+3.1% | $2.01B+1.9% | |
| U.S. | $8.29B+0.1% | $8.28B-1.0% | $8.36B0.0% | $8.36B+2.5% | $8.16B+6.4% |
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.
