AON

Financial Services

Aon plc · Insurance - Brokers · $69B

UQS Score — Balanced Preset
58.2
Good

Aon plc scores 58.2/100 using the Balanced preset.

UQS vs Financial Services Sector
AON
58.2
Sector avg
39.7
Quality
Strong
Moat
Neutral
Growth
Neutral
Risk
Weak
Valuation
Good

What is Aon plc?

Aon plc is a global professional services firm helping organizations navigate risk, retirement planning, and employee health. Headquartered in Dublin, Ireland, Aon serves clients across commercial, reinsurance, and wealth advisory markets worldwide.

Aon generates revenue by advising businesses and institutions on managing risk, structuring employee benefits, and optimizing retirement programs. Its commercial risk division handles retail brokerage, cyber risk, and global risk consulting. The reinsurance segment provides treaty and facultative solutions alongside insurance-linked securities. Aon's health division operates benefits brokerages and health care exchanges, while its wealth arm delivers actuarial, investment advisory, and defined benefit and contribution plan services.

Aon traces its roots to 1919 and is headquartered in Dublin, Ireland.

  • Commercial risk brokerage and cyber risk consulting
  • Treaty and facultative reinsurance solutions
  • Health and benefits brokerage and exchanges
  • Retirement and investment advisory services
  • Corporate finance advisory and capital markets solutions

Is AON a Good Stock to Buy?

UQS Score rates AON as Good overall, reflecting a balanced profile across the five quality pillars.

Aon's Quality and Valuation pillars both register as Good, suggesting the business generates reliable earnings relative to its current market pricing. As a large-cap professional services firm with decades of client relationships, Aon benefits from recurring advisory revenue streams that support consistent financial performance.

The Risk pillar is rated Weak, pointing to elevated financial or operational risk factors that investors should weigh carefully. Growth and Moat both sit at Neutral, indicating limited near-term expansion momentum and a competitive positioning that is not yet clearly differentiated.

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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does AON pay dividends?

Yes — Aon plc pays a dividend.

Aon pays a regular dividend, reflecting the firm's ability to return capital to shareholders alongside its advisory business model. Dividend-oriented investors often view Aon's consistent payout history as a sign of financial discipline. The company's recurring fee-based revenue across risk, health, and wealth solutions supports ongoing dividend commitments.

When does AON report earnings?

Aon plc reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.

Aon's results tend to reflect demand trends across commercial insurance markets, corporate risk appetite, and employee benefits activity. Periods of elevated risk awareness globally have historically supported brokerage volumes across Aon's diversified service lines.

For the most recent quarter's results and guidance, visit Aon's official investor relations page.

AON Price History

+37.4% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in Aon plc?

$
Today it would be worth
$14,857
That's a +48.6% total return, or +8.2% annualized.

Based on Aon plc's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

AON Long-term Outlook

Aon's Growth and Moat pillars are both rated Neutral, suggesting a steady rather than accelerating fundamental trajectory. The firm's diversified exposure to risk advisory, reinsurance, and health solutions provides some buffer against cyclical downturns in any single segment. However, the Weak Risk pillar warrants attention, as it may reflect leverage, regulatory exposure, or operational complexity that could weigh on future performance. The Good Valuation rating indicates the market is not pricing in aggressive growth expectations at current levels.

Growth drivers

  • Rising global demand for cyber risk consulting and commercial brokerage
  • Expansion of health care exchange and benefits outsourcing services
  • Growth in reinsurance and insurance-linked securities amid elevated catastrophe risk

Key risks

  • Elevated financial or operational risk flagged by the Weak Risk pillar
  • Competitive pressure from large peers limiting pricing power
  • Regulatory complexity across multiple international jurisdictions

AON vs Peers

Aon operates in a concentrated professional services and insurance brokerage market alongside several large global peers.

MRSHSimilar UQS
Marsh & McLennan Companies, Inc.

Marsh & McLennan competes directly with Aon across risk consulting and benefits advisory, with a similarly broad global footprint.

AJGAON scores higher
Arthur J. Gallagher & Co.

Arthur J. Gallagher has pursued an aggressive acquisition strategy to expand its mid-market brokerage presence, differentiating it from Aon's large-enterprise focus.

MMCSimilar UQS
Marsh & McLennan Companies, Inc.

MMC's consulting arms, including Oliver Wyman and Mercer, add management consulting depth that broadens its competitive positioning beyond pure brokerage.

Frequently Asked Questions

What does Aon do?

Aon plc is a professional services firm that advises businesses and institutions on risk management, employee health benefits, reinsurance, and retirement planning. It earns fees and commissions by helping clients design, place, and manage insurance and benefit programs across more than one hundred countries.

Does AON pay dividends?

Yes, Aon pays a regular dividend to shareholders. The company's recurring advisory and brokerage revenue model supports consistent capital returns. Investors seeking dividend income should review the current payout details on Aon's investor relations page, as amounts can change with board decisions.

When does AON report earnings?

Aon reports financial results on a quarterly cadence, as is standard for large-cap US-listed companies. Specific dates are announced in advance by the company. For the most current earnings schedule, check Aon's investor relations page directly.

Is AON a good stock to buy?

UQS Score rates AON as Good overall. The Quality and Valuation pillars are both rated Good, while Growth and Moat are Neutral. The Weak Risk pillar is a notable flag. Whether AON fits your portfolio depends on your risk tolerance and investment goals — the full pillar breakdown is available to Pro members.

Is AON overvalued?

AON's Valuation pillar is rated Good, suggesting the stock is not trading at a significant premium relative to its fundamentals within the financial services sector. That said, valuation is one of five pillars in the UQS framework — view the complete analysis to understand how it interacts with Risk and Growth.

How does AON compare to its competitors?

Aon competes with Marsh & McLennan and Arthur J. Gallagher in the global insurance brokerage and risk advisory space. Each firm has distinct strengths — Aon's breadth across commercial risk, reinsurance, health, and wealth sets it apart, though peers pursue similar large-enterprise clients. See the full UQS comparison for a pillar-by-pillar view.

What is AON's market cap bracket?

Aon is classified as a large-cap company, placing it among the more established and widely followed equities in the financial services sector. Large-cap status generally implies greater liquidity and analyst coverage compared to smaller peers.

Who founded Aon?

Aon's origins trace back to 1919, though the modern Aon entity was shaped significantly through decades of mergers and acquisitions. The company's founding history is publicly documented and widely available through Aon's corporate website and financial filings.

Is AON a long-term quality investment?

From a long-term quality perspective, AON's Good overall UQS Score reflects a business with reliable earnings characteristics and reasonable valuation. The Weak Risk pillar is worth monitoring over time. Long-term investors should weigh the full five-pillar profile — available in detail to Pro members — before drawing conclusions.

What is the main competitive advantage of Aon?

Aon's scale, global client relationships, and diversified service lines across risk, health, reinsurance, and wealth create meaningful switching costs for large institutional clients. However, the UQS Moat pillar is currently rated Neutral, indicating this advantage is not yet translating into a clearly dominant competitive position relative to sector peers.

What sector does AON belong to?

Aon operates in the Financial Services sector, specifically within the insurance brokerage and professional services industry. Companies in this space earn fees and commissions rather than underwriting insurance risk directly, which generally results in more stable revenue profiles than traditional insurers.

Is AON a growth stock or value stock?

Based on UQS pillar labels, AON leans toward value characteristics — the Valuation pillar is rated Good while Growth is Neutral. This profile suggests the stock may appeal more to investors seeking quality at a reasonable price than to those pursuing high-growth opportunities.

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Pro Analysis

AON — Score History

50556065Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 30/42 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 23, 202657.980.548.053.427.772.9-0.1
May 22, 202658.080.948.053.427.773.0-0.1
May 21, 202658.180.948.053.427.773.40.0
May 20, 202658.180.948.053.427.773.8+0.1
May 19, 202658.080.948.053.427.773.2-0.2
May 17, 202658.280.948.053.427.774.10.0
May 16, 202658.280.948.053.427.774.6-0.1
May 15, 202658.381.248.053.427.774.5-0.1
May 14, 202658.481.248.053.427.775.1+0.2
May 13, 202658.281.248.053.327.774.2-0.1

AON — Pillar Breakdown

Quality

80.5/100 (25%)

Aon plc demonstrates outstanding capital efficiency and profitability, placing it among the highest-quality businesses in the market.

Return on EquityStrong

Profitability relative to shareholders' equity.

Operating ProfitabilityModerate

Ability to convert revenue into operating profit.

Net ProfitabilityStrong

Bottom-line profit as a share of revenue.

Cash GenerationModerate

Free cash flow relative to market value.

Growth

53.4/100 (20%)

Aon plc shows steady but unspectacular growth, typical for mature companies.

Recent Revenue TrendWeak

Revenue trajectory over the last twelve months.

3Y Revenue CAGRWeak

Compound annual revenue growth rate over 3 years.

EPS GrowthStrong

Year-over-year earnings per share growth.

Forward Revenue OutlookWeak

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

27.7/100 (15%)

Aon plc presents elevated risk with concerns around leverage or financial stability.

Debt/EquityWeak

Total debt relative to shareholder equity.

Current RatioWeak

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageWeak

Earnings capacity relative to interest payments.

Valuation

74.7/100 (15%)

Aon plc trades at a reasonable valuation with decent earnings yield and FCF multiples.

Earnings YieldModerate

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowStrong

How many years of FCF the market cap represents.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorModerate

Enterprise value multiple relative to sector median.

Moat

48/100 (25%)

Aon plc possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for AON.

Score Composition

Quality
80.5×25%20.1
Growth
53.4×20%10.7
Risk
27.7×15%4.2
Valuation
74.7×15%11.2
Moat
48.0×25%12.0
Total
58.2Good

Financial Data

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How is the AON UQS Score Calculated?

The UQS (Unified Quality Score) for Aon plc is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Aon plc's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Aon plc is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.