Aon (AON) Invested Capital (2009 - 2026)

Aon (AON) recorded quarterly Invested Capital of $11.1 billion in Q1 2026, down 54.97% quarter-over-quarter from $24.6 billion in Q4 2025, and up 29.69% on a YoY basis from $8.5 billion in Q1 2025.

Aon (AON) Invested Capital (2009 - 2026) Analysis & Trends

Aon's Invested Capital history runs 18 years deep, the most recent figure standing at $11.1 billion for Q1 2026.

  • In Q1 2026, Invested Capital rose 29.69% year-over-year to $11.1 billion; the TTM figure through Mar 2026 stood at $11.1 billion (up 29.69% YoY), while the FY2025 annual figure was $24.6 billion, up 5.49% from the prior year.
  • Invested Capital was $11.1 billion for Q1 2026 at Aon, down from $24.6 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $24.6 billion in Q4 2025 to a low of $41.0 million in Q3 2022.
  • Historically, Invested Capital has averaged $7.5 billion across 5 years, with a median of $6.4 billion in 2024.
  • The sharpest annual moves came in 2022 and 2023: Invested Capital slumped 98.33% in 2022, then jumped 1841.46% in 2023.
  • A 5-year view of Invested Capital shows it stood at $10.3 billion in 2022, then advanced by 1.12% to $10.5 billion in 2023, then soared by 123.02% to $23.3 billion in 2024, then grew by 5.49% to $24.6 billion in 2025, then slumped by 54.97% to $11.1 billion in 2026.
  • The last three Invested Capital figures came in at $11.1 billion (Q1 2026), $24.6 billion (Q4 2025), and $9.7 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 34.36 Bn
2 Aon 69.98 Bn 68.59 Bn - 11.08 Bn
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 24.42 Bn
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 8.06 Bn
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 13.85 Bn
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -118.43 Mn
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - -213.36 Mn
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 375.72 Mn
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn 813.30 Mn
10 Baldwin Insurance 1.62 Bn 2.07 Bn - 1.08 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 11.08 Bn
Dec 31, 2025 24.60 Bn
Sep 30, 2025 9.67 Bn
Jun 30, 2025 9.85 Bn
Mar 31, 2025 8.54 Bn
Dec 31, 2024 23.32 Bn
Sep 30, 2024 6.42 Bn
Jun 30, 2024 6.03 Bn
Mar 31, 2024 578.00 Mn
Dec 31, 2023 10.46 Bn
Sep 30, 2023 796.00 Mn
Jun 30, 2023 1.50 Bn
Mar 31, 2023 833.00 Mn
Dec 31, 2022 10.34 Bn
Sep 30, 2022 41.00 Mn
Jun 30, 2022 1.53 Bn
Mar 31, 2022 1.89 Bn
Dec 31, 2021 10.55 Bn
Sep 30, 2021 2.45 Bn
Jun 30, 2021 4.58 Bn