Aon plc

10-K & 10-Q Filings

Aon plc is a leading global professional services firm that provides a broad range of risk and human capital solutions. The company operates as one segment, Aon United, and generates revenues primarily through commissions, compensation from insurance and reinsurance companies, and fees from clients. Its business activities are subject to extensive regulation and licensing requirements in various jurisdictions. Aon's principal products and services include Commercial Risk Solutions, Reinsurance Solutions, Health Solutions, and Wealth Solutions. The company competes in a highly competitive and fragmented environment and has clients in various industries and geographies. As of December 31, 2023, Aon employed approximately 50,000 employees and conducted operations in over 120 countries and sovereignties. The company's website is www.aon.com, and its ticker symbol is AON on the New York Stock Exchange.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$11287.00
11514.00
11815.00
12045.00
11682.00
11627.00
9998.00
10770.00
11013.00
11066.00
12193.00
12479.00
13376.00
3871.00
4070.00
1.43%5.14%Cost of Revenue (-)
$3114.00
3209.00
3199.00
3065.00
2997.00
2807.00
Selling, General & Administrative (-)
$6567.00
6709.00
6945.00
7014.00
6837.00
6914.00
6089.00
6103.00
6054.00
5905.00
6738.00
6477.00
6902.00
1792.00
1883.00
0.42%5.08%Depreciation & Amortization (-)
$
891.00
769.00
172.00
167.00
179.00
151.00
167.00
38.00
44.00
15.79%Non-recurring Operating Expenses (-)
$
135.00
119.00
Operating Expenses (-)
$6567.00
6709.00
6945.00
7014.00
6837.00
6914.00
7747.00
7726.00
7059.00
6807.00
7721.00
7426.00
8032.00
2044.00
2241.00
1.69%9.64%Costs & Expenses (Total) (-)
$9681.00
9918.00
10144.00
10079.00
9834.00
9721.00
9019.00
9226.00
8844.00
8285.00
10103.00
8810.00
9591.00
2398.00
2605.00
-0.08%8.63%Operating Income/Loss (+)
$1606.00
1596.00
1671.00
1966.00
1848.00
1906.00
979.00
1544.00
2169.00
2781.00
2090.00
3669.00
3785.00
1473.00
1465.00
7.41%-0.54%Non-operating Income/Expense (+)
$23.00
13.00
77.00
54.00
114.00
45.00
-12.00
-20.00
9.00
18.00
163.00
-107.00
-132.00
-20.00
103.00
615.00%Interest Expense (-)
$245.00
228.00
210.00
255.00
273.00
282.00
282.00
278.00
307.00
334.00
322.00
406.00
484.00
111.00
144.00
5.84%29.73%Earnings before Tax (+)
$1384.00
1381.00
1538.00
1765.00
1689.00
1669.00
685.00
1246.00
1871.00
2465.00
1931.00
3156.00
3169.00
1342.00
1424.00
7.15%6.11%Tax Expense (-)
$378.00
360.00
390.00
334.00
267.00
239.00
250.00
146.00
297.00
448.00
623.00
510.00
541.00
263.00
331.00
3.03%25.86%Income/Loss (Continuing Operations) (+)
$1006.00
1021.00
1148.00
1431.00
1422.00
1430.00
435.00
1100.00
1574.00
2017.00
1308.00
2646.00
2628.00
1079.00
1093.00
8.33%1.30%Income/Loss (Discontinued Operations) (+)
$4.00
-1.00
828.00
74.00
-1.00
1.00
Profit/Loss (+)
$1010.00
1020.00
1148.00
1431.00
1422.00
1430.00
1263.00
1174.00
1573.00
2018.00
1308.00
2646.00
2628.00
1079.00
1093.00
8.30%1.30%Net Income/Loss (NCI) (-)
$31.00
27.00
35.00
34.00
37.00
34.00
37.00
40.00
41.00
49.00
53.00
57.00
64.00
29.00
22.00
6.23%-24.14%Net Income/Loss (+)
$979.00
993.00
1113.00
1397.00
1385.00
1396.00
1226.00
1134.00
1532.00
1969.00
1255.00
2589.00
2564.00
1050.00
1071.00
8.35%2.00%Net Income/Loss (Common) (+)
$979.00
993.00
1113.00
1397.00
1385.00
1396.00
1226.00
1134.00
1532.00
1969.00
1255.00
2589.00
2564.00
1050.00
1071.00
8.35%2.00%EPS (Basic)
$2.92
3.03
3.57
4.73
4.93
5.21
4.74
4.62
6.42
8.49
5.59
12.23
12.60
5.09
5.38
12.96%5.70%EPS (Diluted)
$2.87
2.99
3.53
4.66
4.88
5.16
4.70
4.59
6.37
8.45
5.55
12.14
12.51
5.07
5.35
13.05%5.52%Weighted Avg Shares (Basic)
335.50
328.50
311.40
295.50
280.80
268.10
258.50
245.20
238.60
231.90
224.70
211.70
203.50
206.10
199.10
-4.08%-3.40%Weighted Avg Shares (Diluted)
340.90
332.60
315.40
299.60
283.80
270.30
260.70
247.00
240.60
233.10
226.10
213.20
205.00
207.10
200.10
-4.15%-3.38%Cash
$272.00
291.00
477.00
374.00
384.00
431.00
756.00
656.00
790.00
884.00
544.00
690.00
778.00
1119.00
995.00
9.15%-11.08%Short-term Investments
$785.00
346.00
523.00
394.00
356.00
290.00
529.00
172.00
138.00
308.00
292.00
452.00
369.00
172.00
5413.00
-6.10%3047.09%Receivables
$3183.00
3101.00
2896.00
2815.00
2734.00
2589.00
2478.00
2760.00
3112.00
3070.00
3094.00
3035.00
3254.00
3713.00
4035.00
0.18%8.67%Other Assets (Current)
$11265.00
12644.00
12434.00
12240.00
10498.00
9836.00
9914.00
10784.00
12436.00
14422.00
15102.00
16546.00
17303.00
17140.00
18181.00
3.64%6.07%Assets (Current)
$15505.00
16382.00
16330.00
15823.00
13972.00
13146.00
13677.00
14372.00
16476.00
18684.00
19032.00
20723.00
21704.00
22144.00
28624.00
2.84%29.26%Securities & Long-term Investments
$239.00
165.00
132.00
143.00
Property, Plant & Equipment (Net)
$783.00
820.00
791.00
765.00
765.00
765.00
564.00
588.00
1550.00
1510.00
1315.00
1257.00
1288.00
1289.00
1218.00
4.23%-5.51%Goodwill & Intangibles
$12046.00
11918.00
11575.00
11380.00
10628.00
10970.00
10091.00
9320.00
8948.00
9306.00
8926.00
8739.00
8648.00
8744.00
8519.00
-2.72%-2.57%Other Assets
$979.00
1201.00
1423.00
1661.00
1799.00
1734.00
1756.00
2142.00
2431.00
2614.00
2644.00
1985.00
2319.00
2076.00
2406.00
7.45%15.90%Assets (Non-current)
$14047.00
14104.00
13921.00
13949.00
13192.00
13469.00
12411.00
12050.00
12929.00
13430.00
12885.00
11981.00
12255.00
12109.00
12143.00
-1.13%0.28%Assets (Total)
$29552.00
30486.00
30251.00
29772.00
27164.00
26615.00
26088.00
26422.00
29405.00
32114.00
31917.00
32704.00
33959.00
34253.00
40767.00
1.17%19.02%Accounts Payable
$1832.00
1853.00
1931.00
1805.00
1772.00
9485.00
9625.00
10166.00
1939.00
2016.00
2192.00
2114.00
2262.00
1681.00
1925.00
1.77%14.52%Debt (Current)
$337.00
452.00
703.00
783.00
562.00
336.00
299.00
251.00
712.00
448.00
1164.00
945.00
1204.00
775.00
606.00
11.19%-21.81%Other Liabilities (Current)
$11591.00
13045.00
12777.00
12426.00
10752.00
2674.00
2831.00
2879.00
12920.00
14969.00
15717.00
17247.00
18185.00
18139.00
19307.00
3.82%6.44%Liabilities (Current)
$13760.00
15350.00
15411.00
15014.00
13086.00
12495.00
12755.00
13296.00
15571.00
17433.00
19073.00
20306.00
21651.00
20595.00
21838.00
3.85%6.04%Debt (Non-current)
$4155.00
3713.00
3686.00
4799.00
5175.00
5869.00
5667.00
5993.00
7571.00
7281.00
8228.00
9825.00
9995.00
10577.00
15916.00
7.59%50.48%Other Liabilities
$3517.00
3618.00
2959.00
3328.00
2740.00
2719.00
3018.00
2914.00
2814.00
3817.00
3458.00
3002.00
3055.00
3023.00
3041.00
-1.17%0.60%Liabilities (Non-current)
$7672.00
7331.00
6645.00
8127.00
7915.00
8588.00
8685.00
8907.00
10385.00
11098.00
11686.00
12827.00
13050.00
13600.00
18957.00
4.53%39.39%Liabilities (Total)
$21432.00
22681.00
22056.00
23141.00
21001.00
21083.00
21440.00
22203.00
25956.00
28531.00
30759.00
33133.00
34701.00
34195.00
40795.00
4.10%19.30%Treasury Stock
$2553.00
Retained Earnings
$8594.00
5933.00
5731.00
4605.00
4117.00
3807.00
2302.00
2093.00
1254.00
1042.00
-1694.00
-2772.00
-3399.00
-2388.00
-2700.00
-13.07%AOCI
$-2370.00
-2610.00
-2374.00
-3134.00
-3423.00
-3912.00
-3496.00
-3909.00
-4033.00
-3861.00
-3871.00
-4623.00
-4373.00
-4544.00
-4404.00
3.08%Shareholder's Equity
$8120.00
7805.00
8195.00
6631.00
6163.00
5532.00
4648.00
4219.00
3449.00
3583.00
1158.00
-429.00
-742.00
58.00
-28.00
-148.28%Liabilities & Equity
$29552.00
30486.00
30251.00
29772.00
27164.00
26615.00
26088.00
26422.00
29405.00
32114.00
31917.00
32704.00
33959.00
34253.00
40767.00
1.17%19.02%Net Income/Loss
$1010.00
1020.00
1148.00
1431.00
1422.00
1430.00
1263.00
1174.00
1573.00
2018.00
1308.00
2646.00
2628.00
1079.00
1093.00
8.30%1.30%Depreciation & Amortization
$582.00
655.00
635.00
594.00
543.00
509.00
891.00
769.00
564.00
413.00
326.00
264.00
256.00
38.00
44.00
-6.62%15.79%Increase/Decrease in Working Capital
$921.00
-2431.00
371.00
532.00
-8.00
-119.00
974.00
302.00
571.00
-57.00
-230.00
-48.00
-462.00
756.00
816.00
7.94%Share-based Compensation
$235.00
212.00
300.00
328.00
340.00
331.00
319.00
338.00
317.00
312.00
449.00
397.00
438.00
127.00
130.00
5.33%2.36%Adjustments to Reconcile Net Income
$8.00
399.00
485.00
211.00
587.00
896.00
-529.00
512.00
261.00
766.00
874.00
573.00
807.00
-636.00
-784.00
46.89%-23.27%Net Cash (Operating)
$1018.00
1419.00
1633.00
1642.00
2009.00
2326.00
734.00
1686.00
1835.00
2783.00
2182.00
3219.00
3435.00
443.00
309.00
10.67%-30.25%Capital Expenditure
$338.00
429.00
243.00
687.00
101.00
994.00
-3034.00
308.00
212.00
479.00
-67.00
277.00
282.00
77.00
-23.00
-1.50%-129.87%Net Cash (Investing)
$-186.00
177.00
-339.00
-545.00
-138.00
-954.00
2787.00
31.00
-229.00
-679.00
49.00
-449.00
-188.00
205.00
-4961.00
-2520.00%Increase/Decrease in Debt
$-15.00
-344.00
227.00
1321.00
253.00
522.00
-345.00
337.00
1111.00
271.00
1753.00
1402.00
367.00
571.00
5351.00
837.13%Increase/Decrease in Equity
$1029.00
1243.00
-1004.00
-2185.00
-1580.00
-1257.00
-2399.00
-1470.00
-1960.00
-1763.00
-3543.00
-3145.00
-2628.00
-525.00
-225.00
57.14%Interest Expenses
$240.00
232.00
206.00
245.00
254.00
272.00
272.00
266.00
289.00
326.00
328.00
351.00
446.00
79.00
95.00
5.30%20.25%Dividends Paid
$-170.00
-177.00
231.00
297.00
323.00
345.00
364.00
382.00
410.00
412.00
447.00
463.00
489.00
115.00
123.00
6.96%Net Cash (Financing)
$-896.00
-1586.00
-1016.00
-1133.00
-1689.00
-1286.00
-3265.00
-1699.00
-1493.00
-2088.00
-1924.00
-1790.00
-2865.00
404.00
5261.00
1202.23%Cash Taxes Paid
$77.00
238.00
445.00
337.00
249.00
218.00
1182.00
337.00
353.00
455.00
412.00
546.00
740.00
206.00
244.00
20.75%18.45%Effect of Exchange Rate
$-10.00
9.00
-92.00
-67.00
-172.00
-39.00
69.00
-118.00
21.00
78.00
-235.00
-549.00
264.00
58.00
-146.00
-351.72%Increase/Decrease in Cash
$-74.00
19.00
186.00
-103.00
10.00
47.00
325.00
-100.00
134.00
94.00
72.00
431.00
646.00
1110.00
463.00
-58.29%Cash (Beginning)
$346.00
272.00
291.00
477.00
374.00
384.00
431.00
756.00
656.00
790.00
6573.00
6645.00
7076.00
7076.00
7722.00
28.60%9.13%Cash (Ending)
$272.00
291.00
477.00
374.00
384.00
431.00
756.00
656.00
790.00
884.00
6645.00
7076.00
7722.00
8186.00
8185.00
32.16%-0.01%NOPAT
$1516.65
1320.95
1187.52
1590.62
1575.56
1657.04
2668.31
1126.40
1759.78
2267.67
1644.08
3034.25
2901.16
1246.89
1213.97
5.55%-2.64%Operating Margin %
14.23%
13.86%
14.14%
16.32%
15.82%
16.39%
9.79%
14.34%
19.69%
25.13%
17.14%
29.40%
28.30%
38.05%
36.00%
NOPAT Margin %
13.44%
11.47%
10.05%
13.21%
13.49%
14.25%
26.69%
10.46%
15.98%
20.49%
13.48%
24.31%
21.69%
32.21%
29.83%
Net Margin %
8.67%
8.62%
9.42%
11.60%
11.86%
12.01%
12.26%
10.53%
13.91%
17.79%
10.29%
20.75%
19.17%
27.12%
26.31%
Tax Rate %
5.56%
17.23%
28.93%
19.09%
14.74%
13.06%
-172.55%
27.05%
18.87%
18.46%
21.34%
17.30%
23.35%
15.35%
17.13%
ROA
5.13%
4.33%
3.93%
5.34%
5.80%
6.23%
10.23%
4.26%
5.98%
7.06%
5.15%
9.28%
8.54%
3.64%
2.98%
ROE
18.68%
16.92%
14.49%
23.99%
25.56%
29.95%
57.41%
26.70%
51.02%
63.29%
141.98%
-707.28%
-390.99%
2149.81%
-4335.62%
ROIC
17.52%
17.03%
16.01%
21.74%
21.40%
42.13%
93.67%
65.55%
29.32%
43.03%
42.94%
101.70%
111.01%
36.86%
46.68%
Asset Turnover
0.38
0.38
0.39
0.40
0.43
0.44
0.38
0.41
0.37
0.34
0.38
0.38
0.39
0.11
0.10
Equity Multiplier
3.64
3.91
3.69
4.49
4.41
4.81
5.61
6.26
8.53
8.96
27.56
-76.23
-45.77
590.57
-1455.96
Current Ratio
1.13
1.07
1.06
1.05
1.07
1.05
1.07
1.08
1.06
1.07
1.00
1.02
1.00
1.08
1.31
Quick Ratio
0.31
0.24
0.25
0.24
0.27
0.26
0.30
0.27
0.26
0.24
0.21
0.21
0.20
0.24
0.48
Debt/Equity Ratio
0.55
0.53
0.54
0.84
0.93
1.12
1.28
1.48
2.40
2.16
8.11
-25.10
-15.09
195.72
-590.07
Interest Coverage Ratio
6.69
6.88
8.11
8.02
7.28
7.01
3.60
5.80
7.51
8.53
6.37
10.45
8.49
18.65
15.42
Working Capital/Sales
-0.37
-0.43
-0.42
-0.40
-0.34
-0.67
-0.78
-0.76
-0.41
-0.50
-0.53
-0.56
-0.55
-1.72
-1.75
Dividend Payout Ratio %
-11.21%
-13.40%
19.45%
18.67%
20.50%
20.82%
13.64%
33.91%
23.30%
18.17%
27.19%
15.26%
16.86%
9.22%
10.13%
Total Payout
$-944.00
-844.00
1214.00
1406.00
1904.00
1352.00
3380.00
1781.00
1548.00
2230.00
2565.00
2557.00
3196.00
148.00
-4908.00
-3416.22%Payout Ratio %
-62.24%
-63.89%
102.23%
88.39%
120.85%
81.59%
126.67%
158.11%
87.97%
98.34%
156.01%
84.27%
110.16%
11.87%
-404.29%