Aon (AON) Return on Capital Employed (2009 - 2026)
Aon's quarterly Return on Capital Employed came in at 17.31% in Q1 2026, up 274.0% year-on-year from 4.63% in Q1 2025, and up 11.48% quarter-over-quarter from 15.52% in Q4 2025.
Aon has reported Return on Capital Employed for 18 years, with the latest figure at 17.31% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 274.0% year-over-year to 17.31%; the trailing twelve-month figure through Mar 2026 stood at 17.31% (up 274.0% YoY), and the FY2025 full-year result was 16.3%, down 447.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 17.31%, up from 15.52% in the prior quarter.
- The five-year high for Return on Capital Employed was 32.1% in Q2 2023, with the low at 12.33% in Q3 2024.
- Average Return on Capital Employed over 5 years is 21.09%, with a median of 17.19% recorded in 2022.
- Year-over-year, Return on Capital Employed surged 1514 bps in 2022 and slumped 1734 bps in 2024.
- Tracing AON's Return on Capital Employed over 5 years: stood at 31.47% in 2022, then climbed by 1 bps to 31.85% in 2023, then plunged by 54 bps to 14.51% in 2024, then rose by 7 bps to 15.52% in 2025, then advanced by 11 bps to 17.31% in 2026.
- The last three Return on Capital Employed figures came in at 17.31% (Q1 2026), 15.52% (Q4 2025), and 15.25% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 17.31% |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 7.67% |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 14.03% |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 24.51% |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | - |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 36.19% |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | -2.43% |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 23.79% |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 13.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.31% |
| Dec 31, 2025 | 15.52% |
| Sep 30, 2025 | 15.25% |
| Jun 30, 2025 | 16.08% |
| Mar 31, 2025 | 14.57% |
| Dec 31, 2024 | 14.51% |
| Sep 30, 2024 | 12.33% |
| Jun 30, 2024 | 15.88% |
| Mar 31, 2024 | 24.33% |
| Dec 31, 2023 | 31.85% |
| Sep 30, 2023 | 28.99% |
| Jun 30, 2023 | 32.10% |
| Mar 31, 2023 | 29.30% |
| Dec 31, 2022 | 31.47% |
| Sep 30, 2022 | 25.42% |
| Jun 30, 2022 | 17.19% |
| Mar 31, 2022 | 16.37% |
| Dec 31, 2021 | 16.34% |
| Sep 30, 2021 | 11.66% |
| Jun 30, 2021 | 21.25% |
| Mar 31, 2021 | 19.53% |
| Dec 31, 2020 | 19.44% |
| Sep 30, 2020 | 17.51% |
| Jun 30, 2020 | 18.25% |
| Mar 31, 2020 | 18.30% |
| Dec 31, 2019 | 16.41% |
| Sep 30, 2019 | 15.17% |
| Jun 30, 2019 | 14.62% |
| Mar 31, 2019 | 12.21% |
| Dec 31, 2018 | 12.14% |
| Sep 30, 2018 | 11.96% |
| Jun 30, 2018 | 11.98% |
| Mar 31, 2018 | 11.49% |
| Dec 31, 2017 | 8.04% |
| Sep 30, 2017 | 6.58% |
| Jun 30, 2017 | 7.58% |
| Mar 31, 2017 | 11.23% |
| Dec 31, 2016 | 12.19% |
| Sep 30, 2016 | 12.54% |
| Jun 30, 2016 | 13.42% |
| Mar 31, 2016 | 12.86% |
| Dec 31, 2015 | 13.24% |
| Sep 30, 2015 | 12.46% |
| Jun 30, 2015 | 13.05% |
| Mar 31, 2015 | 13.08% |
| Dec 31, 2014 | 13.76% |
| Sep 30, 2014 | 11.22% |
| Jun 30, 2014 | 12.04% |
| Mar 31, 2014 | 11.86% |
| Dec 31, 2013 | 11.63% |
| Sep 30, 2013 | 11.16% |
| Jun 30, 2013 | 10.72% |
| Mar 31, 2013 | 10.70% |
| Dec 31, 2012 | 10.90% |
| Sep 30, 2012 | 9.66% |
| Jun 30, 2012 | 10.13% |
| Mar 31, 2012 | 10.22% |
| Dec 31, 2011 | 10.37% |
| Sep 30, 2011 | 9.42% |
| Jun 30, 2011 | 9.42% |
| Mar 31, 2011 | 8.37% |
| Dec 31, 2010 | 9.27% |
| Sep 30, 2010 | 8.83% |
| Jun 30, 2010 | 10.47% |
| Mar 31, 2010 | 9.11% |
| Dec 31, 2009 | 10.57% |
| Sep 30, 2009 | 7.87% |