Aon plc(AON)Stock Analysis
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This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
AON Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Aon plc (AON), a Financials sector company. AON is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q1 2026), Aon plc reports quarterly revenue of $5.0B, net income of $1.2B, an operating margin of 34.1%. Top institutional holders of AON by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, Capital World Investors, based on the most recent SEC filings. AON trades on the NYSE exchange and files with the SEC under CIK 315293. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate AON daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Aon plc directly from SEC EDGAR.
Revenue
Q1 2026
$5.0B
Net Income
Q1 2026
$1.2B
Free Cash Flow
Q1 2026
$363.0M
Operating Margin
Q1 2026
34.1%
D/E Ratio
Q1 2026
1.49
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+25.8% YoYNet Income
+2.5% YoYOperating Income
+4.5% YoYEPS (Diluted)
+2.9% YoYTotal Assets
+49.7% YoYTotal Debt
+58.0% YoYOp. Cash Flow
-5.7% YoY| Metric | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|
| Revenue | $15.70B +25.8% | $12.48B +2.3% | $12.19B +10.2% | $11.07B +17.6% | $9.41B -0.7% | $9.48B |
| Net Income | $2.65B +2.5% | $2.59B +106.3% | $1.25B -36.3% | $1.97B | — | — |
| Operating Income | $3.83B +4.5% | $3.67B +75.6% | $2.09B -24.8% | $2.78B +53.6% | $1.81B +14.1% | $1.59B |
| EPS (Diluted) | $12.49 +2.9% | $12.14 +118.7% | $5.55 -34.3% | $8.45 +63.8% | $5.16 +5.7% | $4.88 |
| Total Assets | $48.97B +49.7% | $32.70B +2.5% | $31.92B -0.6% | $32.11B +20.7% | $26.61B -1.0% | $26.88B |
| Total Debt | $17.02B +58.0% | $10.77B +14.7% | $9.39B +21.5% | $7.73B +18.2% | $6.54B +14.8% | $5.70B |
| Operating Cash Flow | $3.04B -5.7% | $3.22B +47.5% | $2.18B -21.6% | $2.78B +19.6% | $2.33B +15.8% | $2.01B |
AI Insight: AON Financial Trends
Aon's Q1 2026 revenue surged to $5,034M and operating income hit $1,715M, both all-time highs in this dataset, while total debt fell sharply to $14,663M.
• Revenue grew 6.4% year-over-year from $4,729M in Q1 2025 to $5,034M in Q1 2026, continuing an upward trajectory.
• Operating income expanded from $1,461M in Q1 2025 to $1,715M in Q1 2026, implying operating margin improvement quarter-over-quarter.
• Total debt declined meaningfully from $17,632M in Q1 2025 to $14,663M in Q1 2026, a reduction of nearly $3B in four quarters.
• Equity strengthened from $5,860M in Q2 2024 to $9,834M in Q1 2026, reflecting sustained earnings retention and balance sheet improvement.
⚠ Q1 2026 operating cash flow of $430M lags Q1 2025's $140M only slightly but remains well below Q4 2025's $1,397M — seasonality warrants monitoring.
⚠ Net income jumped to $1,693M in Q4 2025 versus $716M in Q4 2024 — verify sustainability as one-time items may be inflating reported earnings.
⚠ Despite debt reduction, absolute leverage at $14,663M remains elevated relative to equity of $9,834M; debt-to-equity still exceeds 1.5x.
AI Insight: AON Ratio Trends
Aon's Q1 2026 operating margin hit 34.1% and ROIC surged to 28.0%, both multi-quarter highs, while leverage fell to its lowest level in the dataset at 1.49x D/E.
• Operating margin expanded from 20.4% in Q3 2025 to 34.1% in Q1 2026, the highest single-quarter reading in the dataset.
• ROIC climbed from 13.2% in Q3 2025 to 28.0% in Q1 2026, nearly doubling over two quarters.
• D/E ratio declined steadily from 3.01 in Q2 2024 to 1.49 in Q1 2026, signaling meaningful deleveraging.
• NPM shows high seasonality: Q4 2025 spiked to 39.4% while Q3 2025 troughed at 11.5%, complicating trend reads.
⚠ Mid-year margins (Q2–Q3) consistently compress sharply; Q2 2026 seasonality could pull ROIC back below 15%.
⚠ Q4 2025 NPM of 39.4% appears outsized versus all other quarters — confirm whether one-off items drove the spike.
⚠ D/E at 1.49x is improving but still elevated; continued deleveraging pace warrants monitoring against acquisition appetite.
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Top Institutional Holders of AON
BlackRock, Inc.
$5.2B16,148,507 shVANGUARD CAPITAL MANAGEMENT LLC
$4.4B13,581,756 shCapital World Investors
$3.7B11,477,788 shSTATE STREET CORP
$3.0B9,219,773 shMASSACHUSETTS FINANCIAL SERVICES CO /MA/
$2.8B8,358,097 shDODGE & COX
$2.6B8,116,095 shMORGAN STANLEY
$2.1B6,374,945 shGEODE CAPITAL MANAGEMENT, LLC
$1.7B5,244,309 shVANGUARD PORTFOLIO MANAGEMENT LLC
$1.5B4,559,035 shBank of New York Mellon Corp
$1.1B3,321,092 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $5.2B | 16,148,507 |
| VANGUARD CAPITAL MANAGEMENT LLC | $4.4B | 13,581,756 |
| Capital World Investors | $3.7B | 11,477,788 |
| STATE STREET CORP | $3.0B | 9,219,773 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $2.8B | 8,358,097 |
| DODGE & COX | $2.6B | 8,116,095 |
| MORGAN STANLEY | $2.1B | 6,374,945 |
| GEODE CAPITAL MANAGEMENT, LLC | $1.7B | 5,244,309 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1.5B | 4,559,035 |
| Bank of New York Mellon Corp | $1.1B | 3,321,092 |
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Is AON a good stock to buy?
13F Pro's AI-powered analysis of Aon plc (AON) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for AON are available on the AON stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
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