Aon revenue and financials
$272.05Change from previous close: +0.96%Absolute change: +$2.60
In the fiscal year ended December 2025, Aon reported revenue of $17.18B (+9.45% year over year). Net income was $3.7B, a net margin of 21.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +9.45%
- 2025 vs 2024
- Net income growth
- +39.22%
- 2025 vs 2024
- Net margin
- 21.5%
- 2024: 16.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 17,181 | 15,698 | 13,376 | 12,479 | 12,193 | 11,066 | 11,013 | 10,770 | 9,998 | 9,409 |
| Cost of revenue | 9,072 | 8,331 | 7,000 | 6,656 | 6,717 | — | — | — | — | — |
| Gross profit | 8,109 | 7,367 | 6,376 | 5,823 | 5,476 | — | — | — | — | — |
| Selling, general and administrative | 2,445 | 2,293 | 2,298 | 2,011 | 3,039 | — | — | — | — | — |
| Operating income | 4,344 | 3,835 | 3,785 | 3,669 | 2,090 | 2,781 | 2,169 | 1,544 | 1,065 | 1,811 |
| EBIT | 4,698 | 4,388 | 3,822 | 3,548 | 2,111 | — | — | — | — | — |
| EBITDA | 5,664 | 5,083 | 4,078 | 3,812 | 2,437 | — | — | — | — | — |
| Interest expense | 815 | 788 | 484 | 406 | 322 | 334 | 307 | 278 | 282 | 282 |
| Pre-tax income | 4,759 | 3,462 | 3,169 | 3,156 | 1,931 | — | — | — | — | — |
| Income tax | 1,009 | 742 | 541 | 510 | 623 | 448 | 297 | 146 | 250 | 148 |
| Net income | 3,695 | 2,654 | 2,564 | 2,589 | 1,255 | 1,969 | 1,532 | 1,174 | 1,263 | 1,430 |
| Net income to common shareholders | 3,695 | 2,654 | 2,564 | 2,589 | 1,255 | — | — | — | — | — |
| Basic EPS | 17.11 | 12.55 | 12.60 | 12.23 | 5.59 | 8.49 | 6.42 | 4.62 | 4.74 | 5.21 |
| Diluted EPS | 17.02 | 12.49 | 12.51 | 12.14 | 5.55 | 8.45 | 6.37 | 4.59 | 4.70 | 5.16 |
| Average shares (basic) | 216 | 211 | 204 | 212 | 225 | — | — | — | — | — |
| Average shares (diluted) | 217 | 213 | 205 | 213 | 226 | 233 | 241 | 247 | 261 | 270 |
| Dividend per share | 2.91 | 2.64 | 2.41 | 2.19 | 1.99 | — | — | — | — | — |
