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| Date | Value |
|---|---|
| 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 |