Aon (AON) Debt Ratio (2009 - 2026)

Aon (AON) recorded quarterly Debt Ratio of 0.29 in Q1 2026, down 5.05% quarter-over-quarter from 0.3 in Q4 2025, and down 18.66% on a YoY basis from 0.35 in Q1 2025.

Aon (AON) Debt Ratio (2009 - 2026) Analysis & Trends

Aon's Debt Ratio history runs 18 years deep, the most recent figure standing at 0.29 for Q1 2026.

  • In Q1 2026, Debt Ratio fell 18.66% year-over-year to 0.29; the TTM figure through Mar 2026 stood at 0.29 (down 18.66% YoY), while the FY2025 annual figure was 0.3, down 13.59% from the prior year.
  • Debt Ratio was 0.29 for Q1 2026 at Aon, down from 0.3 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.41 in Q1 2024 to a low of 0.29 in Q1 2026.
  • Historically, Debt Ratio has averaged 0.33 across 5 years, with a median of 0.33 in 2023.
  • The sharpest annual moves came in 2022 and 2026: Debt Ratio jumped 42.25% in 2022, then retreated 18.66% in 2026.
  • A 5-year view of Debt Ratio shows it stood at 0.33 in 2022, then grew by 0.14% to 0.33 in 2023, then gained by 5.38% to 0.35 in 2024, then dropped by 13.59% to 0.3 in 2025, then retreated by 5.05% to 0.29 in 2026.
  • The last three Debt Ratio figures came in at 0.29 (Q1 2026), 0.3 (Q4 2025), and 0.33 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 0.35
2 Aon 69.98 Bn 68.59 Bn - 0.29
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 0.16
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 0.21
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 0.27
6 XChange TEC.INC 6.75 Bn 6.75 Bn - 0.47
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 2.66
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn -
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn -
10 Baldwin Insurance 1.62 Bn 2.07 Bn - 0.38

Historic Data

Download Data
DateValue
Mar 31, 2026 0.29
Dec 31, 2025 0.30
Sep 30, 2025 0.33
Jun 30, 2025 0.32
Mar 31, 2025 0.35
Dec 31, 2024 0.35
Sep 30, 2024 0.34
Jun 30, 2024 0.34
Mar 31, 2024 0.41
Dec 31, 2023 0.33
Sep 30, 2023 0.34
Jun 30, 2023 0.31
Mar 31, 2023 0.33
Dec 31, 2022 0.33
Sep 30, 2022 0.35
Jun 30, 2022 0.30
Mar 31, 2022 0.31
Dec 31, 2021 0.29
Sep 30, 2021 0.26
Jun 30, 2021 0.21