Growth Metrics

Aon (AON) Invested Capital (2009 - 2026)

Aon's quarterly Invested Capital came in at $11.1 billion in Q1 2026, up 29.69% year-on-year from $8.5 billion in Q1 2025, and down 54.97% quarter-over-quarter from $24.6 billion in Q4 2025.

Aon has reported Invested Capital for 18 years, with the latest figure at $11.1 billion in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital rose 29.69% year-over-year to $11.1 billion; the trailing twelve-month figure through Mar 2026 stood at $11.1 billion (up 29.69% YoY), and the FY2025 full-year result was $24.6 billion, up 5.49% from the prior year.
  • Invested Capital for Q1 2026 stood at $11.1 billion, down from $24.6 billion in the prior quarter.
  • The five-year high for Invested Capital was $24.6 billion in Q4 2025, with the low at $41.0 million in Q3 2022.
  • Average Invested Capital over 5 years is $7.5 billion, with a median of $6.4 billion recorded in 2024.
  • Year-over-year, Invested Capital slumped 98.33% in 2022 and soared 1841.46% in 2023.
  • Tracing AON's Invested Capital over 5 years: stood at $10.3 billion in 2022, then climbed by 1.12% to $10.5 billion in 2023, then jumped by 123.02% to $23.3 billion in 2024, then increased by 5.49% to $24.6 billion in 2025, then sank 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 Aon 69.60 Bn 68.21 Bn - 11.08 Bn
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - 24.42 Bn
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn 8.06 Bn
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 13.85 Bn
5 XChange TEC.INC 6.95 Bn 6.95 Bn - -118.43 Mn
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn 813.30 Mn
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn 375.72 Mn
8 Baldwin Insurance 1.84 Bn 2.28 Bn - 1.08 Bn
9 Goosehead Insurance 1.01 Bn 899.53 Mn - -118.28 Mn
10 Twfg 279.02 Mn 351.22 Mn - 287.01 Mn

Historic Data

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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
Mar 31, 2021 4.36 Bn
Dec 31, 2020 11.31 Bn
Sep 30, 2020 4.09 Bn
Jun 30, 2020 4.48 Bn
Mar 31, 2020 5.14 Bn
Dec 31, 2019 10.78 Bn
Sep 30, 2019 4.71 Bn
Jun 30, 2019 4.76 Bn
Mar 31, 2019 5.29 Bn
Dec 31, 2018 10.46 Bn
Sep 30, 2018 5.07 Bn
Jun 30, 2018 5.42 Bn
Mar 31, 2018 5.79 Bn
Dec 31, 2017 10.61 Bn
Sep 30, 2017 5.55 Bn
Jun 30, 2017 5.85 Bn
Mar 31, 2017 6.49 Bn
Dec 31, 2016 11.79 Bn
Sep 30, 2016 5.74 Bn
Jun 30, 2016 5.81 Bn
Mar 31, 2016 6.04 Bn
Dec 31, 2015 6.62 Bn
Sep 30, 2015 7.21 Bn
Jun 30, 2015 7.69 Bn
Mar 31, 2015 7.40 Bn
Dec 31, 2014 7.31 Bn
Sep 30, 2014 7.93 Bn
Jun 30, 2014 8.56 Bn
Mar 31, 2014 9.02 Bn
Dec 31, 2013 8.79 Bn
Sep 30, 2013 8.74 Bn
Jun 30, 2013 427.00 Mn
Mar 31, 2013 8.44 Bn
Dec 31, 2012 8.26 Bn
Sep 30, 2012 8.65 Bn
Jun 30, 2012 8.60 Bn
Mar 31, 2012 8.64 Bn
Dec 31, 2011 12.61 Bn
Sep 30, 2011 8.44 Bn
Jun 30, 2011 8.45 Bn
Mar 31, 2011 8.93 Bn
Dec 31, 2010 12.81 Bn
Sep 30, 2010 9.60 Bn
Jun 30, 2010 5.48 Bn
Mar 31, 2010 5.54 Bn
Dec 31, 2009 7.44 Bn
Sep 30, 2009 6.14 Bn
Jun 30, 2009 6.55 Bn