AON
Financial ServicesAon plc · Insurance - Brokers · $69B
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.
Sign up for a Pro account to see the exact pillar breakdown and the full financial metrics behind AON's UQS Score. Sign up free →
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.
What if I invested in Aon plc?
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.
Marsh & McLennan competes directly with Aon across risk consulting and benefits advisory, with a similarly broad global footprint.
Arthur J. Gallagher has pursued an aggressive acquisition strategy to expand its mid-market brokerage presence, differentiating it from Aon's large-enterprise focus.
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.
Unlock Full AON Analysis
Sign in to unlock the detailed analysis behind the UQS Score.
- ✓See the exact UQS Score and all five pillar scores
- ✓View full financial metrics and trend data
- ✓Access the complete risk and valuation breakdown
- ✓Compare AON head-to-head against sector peers
- ✓Get alerts when AON's quality profile changes
- ✓Explore curated screens across the financial services sector
Pro Analysis
AON — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 23, 2026 | 57.9 | 80.5 | 48.0 | 53.4 | 27.7 | 72.9 | -0.1 |
| May 22, 2026 | 58.0 | 80.9 | 48.0 | 53.4 | 27.7 | 73.0 | -0.1 |
| May 21, 2026 | 58.1 | 80.9 | 48.0 | 53.4 | 27.7 | 73.4 | 0.0 |
| May 20, 2026 | 58.1 | 80.9 | 48.0 | 53.4 | 27.7 | 73.8 | +0.1 |
| May 19, 2026 | 58.0 | 80.9 | 48.0 | 53.4 | 27.7 | 73.2 | -0.2 |
| May 17, 2026 | 58.2 | 80.9 | 48.0 | 53.4 | 27.7 | 74.1 | 0.0 |
| May 16, 2026 | 58.2 | 80.9 | 48.0 | 53.4 | 27.7 | 74.6 | -0.1 |
| May 15, 2026 | 58.3 | 81.2 | 48.0 | 53.4 | 27.7 | 74.5 | -0.1 |
| May 14, 2026 | 58.4 | 81.2 | 48.0 | 53.4 | 27.7 | 75.1 | +0.2 |
| May 13, 2026 | 58.2 | 81.2 | 48.0 | 53.3 | 27.7 | 74.2 | -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.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 53.4/100 (20%)Aon plc shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 27.7/100 (15%)Aon plc presents elevated risk with concerns around leverage or financial stability.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
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.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
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
Financial Data
More Stock Analysis
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.