Aon plc. - Ordinary Shares - Class A

Aon plc. - Ordinary Shares - Class A

AON

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Market Cap$58.01B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Aon plc. - Ordinary Shares - Class AAon plc. - Ordinary Shares - Class A151.14%41%3.41.6

Earnings Call Q2 2026

July 29, 2026 - AI Summary

Strong Q2 + resilient through-the-cycle performance (good/surprising): - Organic revenue +5%; total revenue +2% YoY to $4.2B. - Adjusted operating margin +70 bps to 28.9% and adjusted EPS +9% YoY to $3.81. - Free cash flow $483M (management notes strong cash generation; guidance assumes durability). - Emphasis that results are in line with objectives despite a transitioning pricing cycle and accelerated AI/tech change.
Growth is broad-based and driven by fundamentals, not pricing (good): - All four solution lines grew ~5% organic. - New business contribution is highly durable: new business contributed ~10 points in Q2 and has been 9–11 points for nine consecutive quarters. - Retention mid-90s; commercial risk +40 bps and reinsurance +20 bps improvement in retention-related performance. - Management says growth is correlated more to business investment/clients’ demand (e.g., property & equipment/large accounts) than to pure pricing.
Commercial Risk + Reinsurance: property pressure offset, pipeline strengthening (good + mixed): - Commercial Risk organic +5%; highlighted P&C strength in EMEA and North America and 5th consecutive double-digit Construction growth (data-center pipeline conversion). - M&A services tempered Q2 growth due to tougher comps (Q2 2025 had elevated close activity), but announced transaction volumes are up 60% → expected tailwind for rest of 2026. - Reinsurance organic +5% despite meaningful rate pressure; driven by new logos (+15–20% lower rates offset by strong new business) and continued strategy/tech demand.

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$382.65

Target Price by Analysts

39% upsideAon plc. Target Price DetailsTarget Price
$349.44

Current Fair Value

26.9% upside

Undervalued by 26.9% based on the discounted cash flow analysis.

Share Statistics

Market cap$58.01 Billion
Enterprise Value$72.64 Billion
Dividend Yield$3.13 (1.14%)
Earnings per Share$17.13
Beta0.69
Outstanding Shares213,800,000

Return

Return on Equity40.63%ROE
Return on Assets7.36%
Return on Invested Capital17.75%

Valuation & Multiples

P/E Ratio14.99P/E Ratio
PEG-310.03PEG
Price to Sales3.36Price to Sales
Price to Book Ratio6.12Price to Book Ratio
Enterprise Value to Revenue4.13
Enterprise Value to EBIT15.67
Enterprise Value to Net Income18
Total Debt to Enterprise0.22
Debt to Equity1.62Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 29, 2026
EPS Estimate
$3.80
Average shareholder expectation
Revenue Estimate
$4.28 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 28, 2026
EPS Estimate
$3.30
Average shareholder expectation
Revenue Estimate
$4.08 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000▼ 66.03%
Total Calls-▼ 100.00%
Total Puts-▼ 100.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %0.13%▼ 90.65%
Total Invested$76.88M▼ 99.88%
Investors Holding43▼ 1247.00%

ESG Score

No data

About Aon plc.

50,000 employees

Aon plc is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.