Aon (AON) EV to EBITDA (2009 - 2026)
Aon (AON) posted EV to EBITDA of 71.7 for Q2 2026, up 86.93% on a QoQ basis from 38.36 in Q1 2026, and down 14.1% year-over-year from 83.47 in Q2 2025.
Analysis
Aon (AON) EV to EBITDA (2009 - 2026) Analysis & Trends
Aon has reported EV to EBITDA for 18 years, with the latest figure at 71.7 in Q2 2026.
- On a quarterly basis, EV to EBITDA fell 14.1% year-over-year to 71.7 in Q2 2026; TTM through Jun 2026 was 14.27, a 20.36% decrease from a year earlier, with the FY2025 full-year figure at 16.08, down 15.41% from the prior year.
- EV to EBITDA was 71.7 for Q2 2026 at Aon, up from 38.36 in the prior quarter.
- The five-year high for EV to EBITDA was 109.94 in Q3 2024, with the low at 38.36 in Q1 2026.
- Average EV to EBITDA over 5 years is 69.49, with a median of 70.05 recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: EV to EBITDA jumped 204.37% in 2022, then slumped 31.94% in 2026.
- Over 5 years, EV to EBITDA stood at 57.76 in 2022, then gained by 18.42% to 68.39 in 2023, then fell by 1.84% to 67.14 in 2024, then slipped by 13.55% to 58.04 in 2025, then advanced by 23.53% to 71.7 in 2026.
- The last three EV to EBITDA figures came in at 71.7 (Q2 2026), 38.36 (Q1 2026), and 58.04 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 88.77 Bn | 76.82 Bn | 6.04 Bn |
| 2 | Aon | 68.55 Bn | 67.31 Bn | - |
| 3 | Arthur J. Gallagher | 67.32 Bn | 65.96 Bn | - |
| 4 | Willis Towers Watson | 31.09 Bn | 29.51 Bn | 2.09 Bn |
| 5 | Brown & Brown | 23.57 Bn | 22.68 Bn | 1.41 Bn |
| 6 | XChange TEC.INC | 19.63 Bn | 19.63 Bn | - |
| 7 | Erie Indemnity | 11.68 Bn | 11.33 Bn | - |
| 8 | Ryan Specialty Holdings | 10.71 Bn | 11.08 Bn | - |
| 9 | Hagerty | 4.65 Bn | 4.78 Bn | 244.11 Mn |
| 10 | Neptune Insurance Holdings | 4.58 Bn | 4.56 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 71.70 |
| Mar 31, 2026 | 38.36 |
| Dec 31, 2025 | 58.04 |
| Sep 30, 2025 | 87.40 |
| Jun 30, 2025 | 83.47 |
| Mar 31, 2025 | 56.36 |
| Dec 31, 2024 | 67.14 |
| Sep 30, 2024 | 109.94 |
| Jun 30, 2024 | 89.52 |
| Mar 31, 2024 | 43.91 |
| Dec 31, 2023 | 68.39 |
| Sep 30, 2023 | 87.35 |
| Jun 30, 2023 | 78.29 |
| Mar 31, 2023 | 41.85 |
| Dec 31, 2022 | 57.76 |
| Sep 30, 2022 | 87.05 |
| Jun 30, 2022 | 75.68 |
| Mar 31, 2022 | 48.56 |
| Dec 31, 2021 | 62.62 |
| Sep 30, 2021 | -83.40 |