Aon (AON) EV to EBITDA (2009 - 2026)
Aon's (AON) EV to EBITDA was 7.86 for Q3 2026, down 45.9% from 14.53 a year earlier and down 36.9% from the prior quarter.
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Analysis
Aon (AON) EV to EBITDA (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Aon's EV to EBITDA came in at 6.87, down 50.1% year-over-year; for FY2025, it came in at 13.73, down 18.8% from FY2024.
- By year, EV to EBITDA came in at 16.90 in FY2024 (+20.7%), 14.00 in FY2023 (-9.1%), 15.39 in FY2022 (-41.5%) and 26.31 in FY2021 (+80.2%).
- The Q3 2026 figure ranks as the lowest quarterly EV to EBITDA since Q4 2012.
- Year over year, EV to EBITDA has now declined in each of the last six quarters, with an average decline of 13.6% over the last eight quarters.
- The high point for year-over-year EV to EBITDA in five years was Q4 2021 (growth of 80.2%); the low point was Q3 2022 (a decline of 51.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 12.46 (Q2 2026), 12.24 (Q1 2026) and 13.73 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 140.29 Bn | 85.93 Bn | 8.67 Bn |
| 2 | Progressive | 132.20 Bn | 107.72 Bn | 8.29 Bn |
| 3 | Marsh & Mclennan Companies | 96.60 Bn | 88.76 Bn | - |
| 4 | Travelers Companies | 82.11 Bn | 59.60 Bn | 5.93 Bn |
| 5 | Manulife Financial | 75.43 Bn | 8.45 Bn | - |
| 6 | Arthur J. Gallagher | 71.09 Bn | 65.68 Bn | - |
| 7 | Aon | 70.49 Bn | 49.69 Bn | - |
| 8 | Metlife | 65.52 Bn | -41.26 Bn | 7.82 Bn |
| 9 | Allstate | 64.49 Bn | 24.33 Bn | 7.41 Bn |
| 10 | Aflac | 62.39 Bn | 38.74 Bn | 1.87 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.86 |
| Jun 30, 2026 | 12.46 |
| Mar 31, 2026 | 12.24 |
| Dec 31, 2025 | 13.73 |
| Sep 30, 2025 | 14.53 |
| Jun 30, 2025 | 15.18 |
| Mar 31, 2025 | 18.06 |
| Dec 31, 2024 | 16.90 |
| Sep 30, 2024 | 18.22 |
| Jun 30, 2024 | 15.87 |
| Mar 31, 2024 | 16.44 |
| Dec 31, 2023 | 14.00 |
| Sep 30, 2023 | 15.00 |
| Jun 30, 2023 | 16.51 |
| Mar 31, 2023 | 15.67 |
| Dec 31, 2022 | 15.39 |
| Sep 30, 2022 | 13.96 |
| Jun 30, 2022 | 22.06 |
| Mar 31, 2022 | 27.04 |
| Dec 31, 2021 | 26.31 |
API Access
Aon EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=AON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "AON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=AON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();