Aon (AON) EBITDA Margin (2009 - 2026)
Aon's quarterly EBITDA Margin came in at 34.98% in Q1 2026, up 311.0% year-on-year from 8.51% in Q1 2025, and up 19.76% quarter-over-quarter from 29.21% in Q4 2025.
Aon has reported EBITDA Margin for 18 years, with the latest figure at 34.98% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 311.0% year-over-year to 34.98%; the trailing twelve-month figure through Mar 2026 stood at 27.37% (up 282.0% YoY), and the FY2025 full-year result was 26.38%, up 78.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 34.98%, up from 29.21% in the prior quarter.
- The five-year high for EBITDA Margin was 39.03% in Q1 2023, with the low at 18.01% in Q3 2024.
- Average EBITDA Margin over 5 years is 28.03%, with a median of 27.44% recorded in 2024.
- Year-over-year, EBITDA Margin jumped 5083 bps in 2022 and slumped 909 bps in 2024.
- Tracing AON's EBITDA Margin over 5 years: stood at 33.48% in 2022, then declined by 27 bps to 24.5% in 2023, then grew by 12 bps to 27.44% in 2024, then advanced by 6 bps to 29.21% in 2025, then grew by 20 bps to 34.98% in 2026.
- The last three EBITDA Margin figures came in at 34.98% (Q1 2026), 29.21% (Q4 2025), and 21.59% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 34.98% |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 26.76% |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 11.05% |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 84.80% |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | 9.32% |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 13.68% |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | 0.87% |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 17.94% |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 16.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.98% |
| Dec 31, 2025 | 29.21% |
| Sep 30, 2025 | 21.59% |
| Jun 30, 2025 | 21.81% |
| Mar 31, 2025 | 31.87% |
| Dec 31, 2024 | 27.44% |
| Sep 30, 2024 | 18.01% |
| Jun 30, 2024 | 18.64% |
| Mar 31, 2024 | 37.08% |
| Dec 31, 2023 | 24.50% |
| Sep 30, 2023 | 24.82% |
| Jun 30, 2023 | 27.73% |
| Mar 31, 2023 | 39.03% |
| Dec 31, 2022 | 33.48% |
| Sep 30, 2022 | 23.26% |
| Jun 30, 2022 | 24.81% |
| Mar 31, 2022 | 38.28% |
| Dec 31, 2021 | 32.95% |
| Sep 30, 2021 | -27.57% |
| Jun 30, 2021 | 24.71% |
| Mar 31, 2021 | 36.48% |
| Dec 31, 2020 | 25.50% |
| Sep 30, 2020 | 20.25% |
| Jun 30, 2020 | 25.43% |
| Mar 31, 2020 | 33.36% |
| Dec 31, 2019 | 19.83% |
| Sep 30, 2019 | 16.98% |
| Jun 30, 2019 | 17.38% |
| Mar 31, 2019 | 29.02% |
| Dec 31, 2018 | 19.82% |
| Sep 30, 2018 | 12.86% |
| Jun 30, 2018 | 1.21% |
| Mar 31, 2018 | 27.12% |
| Dec 31, 2017 | 22.00% |
| Sep 30, 2017 | 12.65% |
| Jun 30, 2017 | -3.08% |
| Mar 31, 2017 | 389.00% |
| Dec 31, 2016 | 19.13% |
| Sep 30, 2016 | 18.49% |
| Jun 30, 2016 | 18.76% |
| Mar 31, 2016 | 20.12% |
| Dec 31, 2015 | 20.33% |
| Sep 30, 2015 | 15.37% |
| Jun 30, 2015 | 10.86% |
| Mar 31, 2015 | 16.08% |
| Dec 31, 2014 | 19.25% |
| Sep 30, 2014 | 14.48% |
| Jun 30, 2014 | 15.24% |
| Mar 31, 2014 | 15.91% |
| Dec 31, 2013 | 16.05% |
| Sep 30, 2013 | 13.03% |
| Jun 30, 2013 | 13.19% |
| Mar 31, 2013 | 14.07% |
| Dec 31, 2012 | 14.80% |
| Sep 30, 2012 | 12.39% |
| Jun 30, 2012 | 13.97% |
| Mar 31, 2012 | 14.15% |
| Dec 31, 2011 | 14.36% |
| Sep 30, 2011 | 12.05% |
| Jun 30, 2011 | 15.65% |
| Mar 31, 2011 | 14.43% |
| Dec 31, 2010 | 14.51% |
| Sep 30, 2010 | 14.60% |
| Jun 30, 2010 | 14.12% |
| Mar 31, 2010 | 14.34% |
| Dec 31, 2009 | 11.63% |
| Sep 30, 2009 | 10.81% |
| Jun 30, 2009 | 11.69% |
| Mar 31, 2009 | 19.83% |