Aon plc AON
Specialty Insurers · data as of November 13, 2026
Aon plc (AON) is a financial company listed in the US with a market value of about $71.8B. In the twelve months to September 30, 2026 it had revenue of $17.7B and net income of $3.9B, a net margin of 22.2%.
Its overall Stock Analiz score is 3.2 out of 5 (average). The strongest part is track record (5/5); the weakest is future growth (2/5).
Key numbers: a P/E of 18.5, a price to free cash flow of 22.0, 5-year revenue growth of 9% a year, a 5-year average ROIC of 19%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 9% above the current price.
Score: 3.2 / 5
Checks passed
- P/E below 25
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year revenue growth above 10% a year
- Profit margin improving
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
Checks not passed
- P/E below the industry median
- P/FCF below 20
- Revenue growth above 10% last year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- More cash than debt, or low debt to equity
- Debt below 3 years of free cash flow
- Liabilities below 60% of assets
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.7B | $17.2B | $15.7B | $13.4B | $12.5B | $12.2B | $11.1B | $11.0B | $10.8B | $10.0B | $9.4B |
| Net income | $3.9B | $3.7B | $2.7B | $2.6B | $2.6B | $1.3B | $2.0B | $1.5B | $1.1B | $1.2B | $1.4B |
| Free cash flow | $3.3B | $3.2B | $2.8B | $3.2B | $3.0B | $2.0B | $2.6B | $1.6B | $1.4B | $551M | $2.2B |
| EPS (diluted) | $18.25 | $17.02 | $12.49 | $12.51 | $12.14 | $5.55 | $8.45 | $6.37 | $4.59 | $4.70 | $5.16 |
| Net margin | 22.2% | 21.5% | 16.9% | 19.2% | 20.8% | 10.3% | 17.8% | 13.9% | 10.5% | 12.3% | 14.8% |
| ROIC | — | 13.5% | 12.6% | 28.1% | 27.7% | 12.4% | 18.5% | 15.4% | 13.1% | 6.4% | 13.9% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 19 analysts is $363.21, 7% above the current price; targets range from $259.00 to $435.00; the consensus rating is “Buy”; expected EPS is $18.60 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Aon’s P/E ratio?
About 18.5, based on the last twelve months of diluted earnings per share (forward P/E about 15.5).
Is Aon stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 9% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Aon pay a dividend?
Yes. The dividend yield is about 0.97%, and it has paid dividends for 10 years in our data.
Is Aon a good stock to buy?
We do not give buy or sell advice. Aon scores 3.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.