Aon's underlying profitability has held up, with the latest quarter showing an EPS beat of $3.81 versus $3.39 expected and an operating margin of 25.3%, though organic growth has moderated to roughly 5% from about 9% a year earlier, suggesting the hard-market tailwind may be normalizing.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue has remained in a $3.7B to $5.0B quarterly band with a Q2 2026 operating margin profile that held near 25%, yet net income swung from $343M in Q3 2024 to $1.7B in Q4 2025, warranting scrutiny of earnings quality.
Aon's core market—risk management and insurance brokerage—is expanding as businesses seek more sophisticated coverage. Demand for essential services in this sector is accelerating, positioning Aon to capture a larger share of the growing market.
The company has posted robust revenue increases, with recent results exceeding analyst expectations. Strategic acquisitions and targeted investments are driving both top‑line growth and operational efficiencies.
Aon maintains an excellent balance sheet and a solid financial profile. The firm offers a dividend yield while keeping a low payout ratio, allowing reinvestment into high‑return opportunities and generating strong cash flow.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 28, 2026 | $3.36+1.8% vs $3.30 | $4.1B+0.6% vs $4.1B |
Q3 2026 Jul 29, 2026 | $3.81+0.3% vs $3.80 | $4.2B-0.7% vs $4.3B |
Q2 2026 May 1, 2026 | $6.48+1.7% vs $6.37 | $5.0B+1.2% vs $5.0B |
Q1 2026 Jan 30, 2026 | $4.85+2.1% vs $4.75 | $4.3B-1.8% vs $4.4B |
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.
Participating Aon clients benefit from the efficient structure through a client dividend Operating within Lloyd's, with QBE as Managing Agent, Cortina is expected to begin underwriting from 1 January 2027 DUBLIN, Nov. 6, 2026 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, and funds managed by Blackstone (NYSE: BX), the world's largest alternative asset manager, today announced the launch of Cortina syndicate 1956, a new Lloyd's syndicate that will provide dedicated, multi-year reinsurance capacity, broaden the capital available to clients and support the continued growth and resilience of the reinsurance marketplace. Cortina received Lloyd's Council's "in principle" approval on 16 October 2026 and is continuing to work with Lloyd's to complete the necessary "Making It Happen" actions in advance of granting of permission to underwrite from 1 January 2027.
The Fund returned 3.18% compared to a 2.61% return for the Russell 1000 Value Index. Key contributors include Microsoft, Salesforce and Thermo Fisher Scientific. Key detractors include Aon, Carrier Global and Builders FirstSource.
ServiceNow was the Portfolio's top-performing holding during the quarter as improving sentiment toward high-quality software companies coincided with another strong earnings report. Tokyo Electron, a Japan-based leader in semiconductor production equipment, was the Portfolio's largest relative detractor during the quarter. In Q3 2026, we initiated new positions in Seagate Technology, Advanced Micro Devices, Quanta Services, and SK Hynix, while selling Oracle.
Benchmark AON against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Aon plc (AON)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $334.81 | $71.02B | 18.14 | 9.45% | 22.24% | 39.91% | 0.87% | |
| $204.82 | $97.74B | 24.28 | 10.32% | 14.2% | 26.73% | 1.69% | |
| $328.86 | $31.06B | 19.77 | -2.24% | 15.22% | 19.72% | 1.1% | |
| $281.61 | $72.35B | 42.99 | 20.66% | 10.38% | 7.16% | 0.91% | |
| $72.12 | $24.13B | 19.54 | 22.49% | 17.47% | 9.67% | 0.86% | |
| $133.99 | $36.73B | 8.22 | 7.1% | 15.88% | 24.13% | 1.54% |
Aon plc (AON) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Aon plc (AON) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 28, 2026·SEC
Aug 17, 2026·SEC
Jul 29, 2026·SEC
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Aon plc (AON) stock FAQ — growth, dividends, profitability & financials explained
Aon plc (AON) grew revenue by 3.8% over the trailing twelve months, compared with the twelve months before.
Yes. Aon plc (AON) earned $3.93B in net income over the trailing twelve months (a 22.2% net margin).
Yes. Aon plc (AON) pays a dividend that yields 0.87% at the current price, a small yield.
Aon plc (AON) had a return on equity (ROE) of 39.9% over the trailing twelve months. That is well above the market's typical 10-15%.
Aon plc (AON) has a combined ratio of 74.7%. A ratio below 100% indicates underwriting profitability.
