Aon (AON) Debt to Equity (2009 - 2026)
Aon's quarterly Debt to Equity came in at $1.47 in Q1 2026, down 39.91% year-on-year from $2.45 in Q1 2025, and down 9.69% quarter-over-quarter from $1.63 in Q4 2025.
Aon has reported Debt to Equity for 18 years, with the latest figure at $1.47 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 39.91% year-over-year to $1.47; the trailing twelve-month figure through Mar 2026 stood at $1.47 (down 39.91% YoY), and the FY2025 full-year result was $1.63, down 39.58% from the prior year.
- Debt to Equity for Q1 2026 stood at $1.47, down from $1.63 in the prior quarter.
- The five-year high for Debt to Equity was $195.72 in Q1 2023, with the low at -$590.07 in Q1 2024.
- Average Debt to Equity over 5 years is -$21.45, with a median of $2.16 recorded in 2025.
- Year-over-year, Debt to Equity tumbled 542.28% in 2022 and jumped 2357.02% in 2023.
- Tracing AON's Debt to Equity over 5 years: stood at -$25.1 in 2022, then jumped by 39.88% to -$15.09 in 2023, then soared by 117.88% to $2.7 in 2024, then sank by 39.58% to $1.63 in 2025, then declined by 9.69% to $1.47 in 2026.
- The last three Debt to Equity figures came in at $1.47 (Q1 2026), $1.63 (Q4 2025), and $2.11 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 1.47 |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 0.53 |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 0.78 |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 0.63 |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | -0.04 |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | - |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | - |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | 2.35 |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | -2.62 |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.47 |
| Dec 31, 2025 | 1.63 |
| Sep 30, 2025 | 2.11 |
| Jun 30, 2025 | 2.16 |
| Mar 31, 2025 | 2.45 |
| Dec 31, 2024 | 2.70 |
| Sep 30, 2024 | 2.66 |
| Jun 30, 2024 | 2.92 |
| Mar 31, 2024 | -590.07 |
| Dec 31, 2023 | -15.09 |
| Sep 30, 2023 | -23.15 |
| Jun 30, 2023 | 69.92 |
| Mar 31, 2023 | 195.72 |
| Dec 31, 2022 | -25.10 |
| Sep 30, 2022 | -16.16 |
| Jun 30, 2022 | 13.20 |
| Mar 31, 2022 | 7.97 |
| Dec 31, 2021 | 8.11 |
| Sep 30, 2021 | 3.65 |
| Jun 30, 2021 | 1.60 |
| Mar 31, 2021 | 1.67 |
| Dec 31, 2020 | 2.16 |
| Sep 30, 2020 | 2.13 |
| Jun 30, 2020 | 2.17 |
| Mar 31, 2020 | 2.49 |
| Dec 31, 2019 | 2.13 |
| Sep 30, 2019 | 2.04 |
| Jun 30, 2019 | 1.94 |
| Mar 31, 2019 | 1.32 |
| Dec 31, 2018 | 1.48 |
| Sep 30, 2018 | 1.48 |
| Jun 30, 2018 | 1.40 |
| Mar 31, 2018 | 1.13 |
| Dec 31, 2017 | 1.28 |
| Sep 30, 2017 | 1.14 |
| Jun 30, 2017 | 1.07 |
| Mar 31, 2017 | 1.08 |
| Dec 31, 2016 | 1.11 |
| Sep 30, 2016 | 1.12 |
| Jun 30, 2016 | 1.11 |
| Mar 31, 2016 | 1.23 |
| Dec 31, 2015 | 0.94 |
| Sep 30, 2015 | 1.04 |
| Jun 30, 2015 | 0.94 |
| Mar 31, 2015 | 0.88 |
| Dec 31, 2014 | 0.86 |
| Sep 30, 2014 | 0.76 |
| Jun 30, 2014 | 0.77 |
| Mar 31, 2014 | 0.60 |
| Dec 31, 2013 | 0.54 |
| Sep 30, 2013 | 0.60 |
| Mar 31, 2013 | 0.60 |
| Dec 31, 2012 | 0.53 |
| Sep 30, 2012 | 0.53 |
| Jun 30, 2012 | 0.55 |
| Mar 31, 2012 | 0.53 |
| Dec 31, 2011 | 0.55 |
| Sep 30, 2011 | 0.55 |
| Jun 30, 2011 | 0.54 |
| Mar 31, 2011 | 0.58 |
| Dec 31, 2010 | 0.54 |
| Sep 30, 2010 | 0.64 |
| Jun 30, 2010 | 0.36 |
| Mar 31, 2010 | 0.38 |
| Dec 31, 2009 | 0.37 |
| Sep 30, 2009 | 0.33 |
| Jun 30, 2009 | 0.33 |