Aon (AON) Net Margin (2009 - 2026)

Aon (AON) recorded quarterly Net Margin of 24.61% in Q1 2026, down 37.89% quarter-over-quarter from 39.63% in Q4 2025, and up 385.0% on a YoY basis from 5.07% in Q1 2025.

Aon (AON) Net Margin (2009 - 2026) Analysis & Trends

Aon's Net Margin history runs 18 years deep, the most recent figure standing at 24.61% for Q1 2026.

  • In Q1 2026, Net Margin rose 385.0% year-over-year to 24.61%; the TTM figure through Mar 2026 stood at 22.92% (up 697.0% YoY), while the FY2025 annual figure was 21.83%, up 450.0% from the prior year.
  • Net Margin was 24.61% for Q1 2026 at Aon, down from 39.63% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 39.63% in Q4 2025 to a low of 9.54% in Q3 2024.
  • Historically, Net Margin has averaged 19.93% across 5 years, with a median of 17.7% in 2024.
  • Biggest YoY gain for Net Margin was 4881 bps in 2022; the steepest drop was 707 bps in 2022.
  • A 5-year view of Net Margin shows it stood at 21.28% in 2022, then declined by 29 bps to 15.02% in 2023, then increased by 18 bps to 17.7% in 2024, then surged by 124 bps to 39.63% in 2025, then tumbled by 38 bps to 24.61% in 2026.
  • The last three Net Margin figures came in at 24.61% (Q1 2026), 39.63% (Q4 2025), and 11.76% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 15.61%
2 Aon 69.98 Bn 68.59 Bn - 24.61%
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 17.45%
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 12.95%
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 22.46%
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 19.44%
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 10.26%
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn -4.01%
10 Baldwin Insurance 1.62 Bn 2.07 Bn - -111.39%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.61%
Dec 31, 2025 39.63%
Sep 30, 2025 11.76%
Jun 30, 2025 14.30%
Mar 31, 2025 20.77%
Dec 31, 2024 17.70%
Sep 30, 2024 9.54%
Jun 30, 2024 14.31%
Mar 31, 2024 26.86%
Dec 31, 2023 15.02%
Sep 30, 2023 15.81%
Jun 30, 2023 18.10%
Mar 31, 2023 27.87%
Dec 31, 2022 21.28%
Sep 30, 2022 15.50%
Jun 30, 2022 17.23%
Mar 31, 2022 28.56%
Dec 31, 2021 28.34%
Sep 30, 2021 -33.31%
Jun 30, 2021 13.13%