Market Summary
USD299.02+13.17
Market Closed4.61%
AON Alerts
AON Stock Price
AON RSI Chart
AON Valuation
AON Price/Sales (Trailing)
AON Profitability
AON Fundamentals
AON Revenue
AON Earnings
Price Action
52 Week Range
245.26340.07
(Low)(High)
Last 7 days
-5.0%
Last 30 days
-11.1%
Last 90 days
-5.9%
Trailing 12 Months
-6.5%
AON Financial Health
AON Investor Care
Peers (Alternatives to Aon)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MMC | 78.6B | 20.7B | -11.45% | 0.28% | 25.75 | 3.79 | 4.54% | -2.96% |
AON | 63.1B | 12.5B | -11.07% | -6.55% | 24.36 | 5.05 | 2.35% | 106.29% |
AJG | 38.9B | 8.6B | -9.29% | 12.04% | 34.92 | 4.55 | 4.16% | 22.87% |
RE | 24.8B | 12.1B | -11.42% | 23.49% | 41.48 | 2.05 | 1.63% | -56.71% |
BRO | 15.6B | 3.6B | -8.62% | -18.59% | 23.23 | 4.37 | 17.11% | 14.43% |
AFG | 10.2B | 7.0B | -13.98% | -9.38% | 11.39 | 1.45 | 7.45% | -54.99% |
| MID-CAP | ||||||||
UNM | 7.6B | 12.0B | -11.46% | 40.03% | 5.81 | 0.64 | -0.19% | 59.45% |
AIZ | 5.9B | 10.2B | -16.73% | -35.03% | 21.2 | 0.58 | 0.05% | -79.62% |
GNW | 2.5B | 7.5B | -17.46% | 33.60% | 4.09 | 0.33 | -4.15% | -32.63% |
| SMALL-CAP | ||||||||
BRP | 1.3B | 980.7M | -26.31% | -10.31% | -32.2 | 1.37 | 72.88% | -36.30% |
GSHD | 1.0B | 209.4M | 23.83% | -24.23% | 1.8K | 4.91 | 38.38% | -89.54% |
EHTH | 219.0M | 405.4M | -10.29% | -21.34% | -2.47 | 0.54 | -24.68% | 15.00% |
HALL | 166.2M | 412.3M | 7.44% | 148.04% | -1.61 | 0.4 | 2.45% | -2848.83% |
KINS | 13.0M | 136.2M | -20.67% | -76.89% | -0.79 | 0.1 | -11.34% | -148.82% |
Financials for Aon
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 0.4% | 12,479 | 12,429 | 12,435 | 12,338 | 12,193 |
| EBITDA | -7.6% | 3,713 | 4,020 | 2,638 | 2,578 | - |
| EBITDA Margin | -8.0% | 0.30* | 0.32* | 0.21* | 0.21* | - |
| Earnings Before Taxes | -9.4% | 3,156 | 3,483 | 2,105 | 2,068 | 1,931 |
| EBT Margin | -9.8% | 0.25* | 0.28* | 0.17* | 0.17* | - |
| Interest Expenses | 6.6% | 406 | 381 | 358 | 334 | 322 |
| Net Income | -8.6% | 2,589 | 2,833 | 1,525 | 1,404 | 1,255 |
| Net Income Margin | -9.0% | 0.21* | 0.23* | 0.12* | 0.11* | - |
| Free Cahsflow | 2.6% | 3,023 | 2,947 | 1,833 | 1,953 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 4.7% | 32,704 | 31,223 | 34,720 | 33,491 | 31,917 |
| Current Assets | 8.1% | 20,723 | 19,176 | 22,167 | 20,545 | 19,032 |
| Cash Equivalents | -0.3% | 690 | 692 | 740 | 595 | 544 |
| Net PPE | 9.4% | 558 | 510 | 505 | 515 | 529 |
| Goodwill | 3.9% | 8,292 | 7,979 | 8,295 | 8,496 | 8,434 |
| Liabilities | 3.9% | 33,133 | 31,893 | 33,932 | 32,200 | 30,759 |
| Current Liabilities | 8.7% | 20,306 | 18,688 | 21,077 | 19,189 | 19,073 |
| Long Term Debt | - | 9,392 | - | - | - | - |
| LT Debt, Non Current | -2.9% | 9,825 | 10,116 | 9,666 | 9,685 | 8,228 |
| Shareholder's Equity | -154.4% | -429 | 788 | 1,291 | 1,061 | - |
| Retained Earnings | -5.1% | -2,772 | -2,638 | -1,727 | -1,609 | -1,694 |
| Additional Paid-In Capital | 1.4% | 6,864 | 6,772 | 6,669 | 6,627 | 6,624 |
| Accumulated Depreciation | - | 1,318 | - | - | - | - |
| Shares Outstanding | -1.1% | 211 | 213 | 215 | - | - |
| Minority Interest | -11.5% | 100 | 113 | 104 | 114 | 97.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 3.6% | 3,219 | 3,108 | 1,968 | 2,084 | 2,182 |
| Share Based Compensation | -2.5% | 397 | 407 | 444 | 437 | 449 |
| Cashflow From Investing | -920.5% | -449 | -44.00 | -49.00 | -316 | 49.00 |
| Cashflow From Financing | -7.2% | -1,790 | -1,669 | -1,225 | -743 | -1,924 |
| Dividend Payments | 0.9% | 463 | 459 | 457 | 453 | 447 |
| Buy Backs | -29.3% | 3,203 | 4,528 | 4,579 | 4,321 | 3,543 |
Risks for AON
What is the probability of a big loss on AON?
36.5%
Probability that Aon stock will be more than 20% underwater in next one year
19.2%
Probability that Aon stock will be more than 30% underwater in next one year.
0%
Probability that Aon stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does AON drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Aon was unfortunately bought at previous high price.
Drawdowns
Returns for AON
Cumulative Returns on AON
18.1%
10-Year Cumulative Returns
17.3%
7-Year Cumulative Returns
15.4%
5-Year Cumulative Returns
18.1%
3-Year Cumulative Returns
What are the long-term rolling returns for AON?
FIve years rolling returns for Aon.
Annualized Returns
Which funds bought or sold AON recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | added | 36.74 | 216,671 | 626,671 | 0.02% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -2.62 | 1,996,540 | 23,893,500 | 0.03% |
2023-03-10 | MATHER GROUP, LLC. | added | 4.45 | 179,881 | 1,233,880 | 0.02% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 8.72 | 629,000 | 3,511,000 | 0.02% |
2023-03-03 | TIAA, FSB | reduced | -4.61 | 54,597 | 850,597 | -% |
2023-03-01 | Lakewood Asset Management LLC | new | - | 9,000 | 9,000 | 0.01% |
2023-02-28 | Voya Investment Management LLC | reduced | -0.32 | 24,124,300 | 230,551,000 | 0.32% |
2023-02-27 | Parallax Volatility Advisers, L.P. | new | - | 1,994,430 | 1,994,430 | -% |
2023-02-24 | SRS Capital Advisors, Inc. | reduced | -8.26 | 4,747 | 156,747 | 0.02% |
2023-02-24 | Union Heritage Capital, LLC | unchanged | - | 274,000 | 2,551,000 | 1.56% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
AON Alerts
Aon News
Schedule 13G FIlings of Aon
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 8.71% | 18,011,439 | SC 13G/A | |
| Feb 08, 2023 | massachusetts financial services co /ma/ | 7.6% | 15,696,345 | SC 13G/A | |
| Feb 01, 2023 | blackrock inc. | 6.6% | 13,736,400 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 7.59% | 16,724,965 | SC 13G/A | |
| Feb 03, 2022 | blackrock inc. | 6.5% | 14,390,587 | SC 13G | |
| Feb 02, 2022 | massachusetts financial services co /ma/ | 8.2% | 18,080,922 | SC 13G/A | |
| Feb 11, 2021 | massachusetts financial services co /ma/ | 8.8% | 20,197,468 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 7.70% | 17,595,225 | SC 13G/A | |
| Feb 02, 2021 | blackrock inc. | 7.6% | 17,307,328 | SC 13G | |
| Feb 14, 2020 | massachusetts financial services co /ma/ | 9.0% | 20,978,225 | SC 13G/A |
AON Fair Value
Aon fair value in different scenarios
The table shows the Fair Value estimates for Aon for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | - - | - - | - - | - - | - - |
| Current Inflation | 61.92 -79.29% | 78.09 -73.88% | 113.13 -62.17% | 160.17 -46.44% | 193.13 -35.41% |
| Very High Inflation | - - | - - | - - | - - | - - |
Historical Aon Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Aon
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 15, 2023 | 4 | Insider Trading | |
| Mar 01, 2023 | CERT | CERT | |
| Feb 28, 2023 | 8-A12B | 8-A12B | |
| Feb 28, 2023 | 8-K | Current Report | |
| Feb 27, 2023 | 144 | Notice of Insider Sale Intent | |
| Feb 24, 2023 | 4 | Insider Trading | |
| Feb 24, 2023 | 4 | Insider Trading | |
| Feb 24, 2023 | 424B5 | Prospectus Filed | |
| Feb 23, 2023 | FWP | Prospectus Filed | |
| Feb 23, 2023 | 424B5 | Prospectus Filed |
Latest Insider Trading transactions for AON
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-13 | Slyfield Jillian | sold (taxes) | -12,031 | 293 | -41.00 | chief innovation officer |
2023-03-13 | Slyfield Jillian | acquired | - | - | 116 | chief innovation officer |
2023-02-22 | Stevens Lisa | acquired | - | - | 639 | chief people officer |
2023-02-22 | Slyfield Jillian | sold (taxes) | -26,828 | 304 | -88.00 | chief innovation officer |
2023-02-22 | Stevens Lisa | sold (taxes) | -96,643 | 304 | -317 | chief people officer |
2023-02-22 | Slyfield Jillian | acquired | - | - | 232 | chief innovation officer |
2023-02-21 | Davies Christa | sold | -6,263,320 | 305 | -20,528 | chief financial officer |
2023-02-17 | Davies Christa | sold (taxes) | -106,423 | 310 | -343 | chief financial officer |
2023-02-17 | Zeidel Darren | acquired | - | - | 373 | general counsel |
2023-02-17 | Davies Christa | sold | -15,893,100 | 310 | -51,244 | chief financial officer |
Aon plc, a professional services firm, provides advice and solutions to clients focused on risk, retirement, and health worldwide. It offers commercial risk solutions, including retail brokerage, cyber, and global risk consulting solutions, as well as acts as a captives management; and health solutions, such as health and benefits brokerages, and health care exchanges. The company also provides treaty and facultative reinsurance, as well as insurance-linked securities, capital raising, strategic advice, restructuring, and mergers and acquisitions services; and corporate finance advisory services and capital markets solutions products. In addition, it offers strategic design consulting services on their retirement programs, actuarial services, and risk management services; advice services on developing and maintaining investment programs across a range of plan types, including defined benefit plans, defined contribution plans, endowments, and foundations for public and private companies, and other institutions; and advice and solutions that help clients in risk, health, and wealth through commercial risk, reinsurance, health, and wealth solutions. Further, the company offers CoverWallet; Affinity; Aon Inpoint; CoverWallet; and ReView services. Aon plc was founded in 1919 and is headquartered in Dublin, Ireland.
AON Income Statement
2022-12-31Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Revenue | |||
| Total revenue | $ 12,479 | $ 12,193 | $ 11,066 |
| Expenses | |||
| Compensation and benefits | 6,477 | 6,738 | 5,905 |
| Information technology | 509 | 477 | 444 |
| Premises | 289 | 327 | 291 |
| Depreciation of fixed assets | 151 | 179 | 167 |
| Amortization and impairment of intangible assets | 113 | 147 | 246 |
| Other general expense | 1,271 | 2,235 | 1,232 |
| Total operating expenses | 8,810 | 10,103 | 8,285 |
| Operating income | 3,669 | 2,090 | 2,781 |
| Interest income | 18 | 11 | 6 |
| Interest expense | (406) | (322) | (334) |
| Other income (expense) | (125) | 152 | 13 |
| Income before income taxes | 3,156 | 1,931 | 2,466 |
| Income tax expense | 510 | 623 | 448 |
| Net income | 2,646 | 1,308 | 2,018 |
| Less: Net income attributable to noncontrolling interests | 57 | 53 | 49 |
| Net income attributable to Aon shareholders | $ 2,589 | $ 1,255 | $ 1,969 |
| Basic net income per share attributable to Aon shareholders (in dollars per share) | $ 12.23 | $ 5.59 | $ 8.49 |
| Diluted net income per share attributable to Aon shareholders (in dollars per share) | $ 12.14 | $ 5.55 | $ 8.45 |
| Weighted average ordinary shares outstanding - basic (in shares) | 211.7 | 224.7 | 231.9 |
| Weighted average ordinary shares outstanding - diluted (in shares) | 213.2 | 226.1 | 233.1 |
AON Balance Sheet
2022-12-31Consolidated Statements of Financial Position - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 690 | $ 544 |
| Short-term investments | 452 | 292 |
| Receivables, net | 3,035 | 3,094 |
| Fiduciary assets | 15,900 | 14,386 |
| Other current assets | 646 | 716 |
| Total current assets | 20,723 | 19,032 |
| Goodwill | 8,292 | 8,434 |
| Intangible assets, net | 447 | 492 |
| Fixed assets, net | 558 | 529 |
| Operating lease right-of-use assets | 699 | 786 |
| Deferred tax assets | 824 | 766 |
| Prepaid pension | 652 | 1,366 |
| Other non-current assets | 509 | 512 |
| Total assets | 32,704 | 31,917 |
| Current liabilities | ||
| Accounts payable and accrued liabilities | 2,114 | 2,192 |
| Short-term debt and current portion of long-term debt | 945 | 1,164 |
| Fiduciary liabilities | 15,900 | 14,386 |
| Other current liabilities | 1,347 | 1,331 |
| Total current liabilities | 20,306 | 19,073 |
| Long-term debt | 9,825 | 8,228 |
| Non-current operating lease liabilities | 693 | 772 |
| Deferred tax liabilities | 99 | 401 |
| Pension, other postretirement, and postemployment liabilities | 1,186 | 1,375 |
| Other non-current liabilities | 1,024 | 910 |
| Total liabilities | 33,133 | 30,759 |
| Equity (deficit) | ||
| Ordinary shares - $0.01 nominal value Authorized: 500.0 shares (issued: 2022 - 205.4; 2021 - 214.8) | 2 | 2 |
| Additional paid-in capital | 6,864 | 6,624 |
| Accumulated deficit | (2,772) | (1,694) |
| Accumulated other comprehensive loss | (4,623) | (3,871) |
| Total Aon shareholders' equity (deficit) | (529) | 1,061 |
| Noncontrolling interests | 100 | 97 |
| Total equity (deficit) | (429) | 1,158 |
| Total liabilities and equity (deficit) | $ 32,704 | $ 31,917 |