Aon (AON) Return on Capital Employed (2009 - 2026)

Aon's (AON) 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 (AON) Return on Capital Employed (2009 - 2026) Analysis & Trends

Aon's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 17.31% for Q1 2026.

  • On a quarterly basis, Return on Capital Employed rose 274.0% year-over-year to 17.31% in Q1 2026; TTM through Mar 2026 was 17.31%, a 274.0% increase from a year earlier, with the FY2025 full-year figure at 16.3%, down 447.0% from the prior year.
  • Return on Capital Employed advanced to 17.31% in Q1 2026 per AON's latest filing, from 15.52% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 32.1% in Q2 2023 and bottomed at 12.33% in Q3 2024.
  • The 5-year median for Return on Capital Employed is 17.19% (2022), against an average of 21.09%.
  • Across the five-year window, Return on Capital Employed surged 1514 bps in 2022 and slumped 1734 bps in 2024, its largest moves.
  • Year by year, Return on Capital Employed stood at 31.47% in 2022, then advanced by 1 bps to 31.85% in 2023, then tumbled by 54 bps to 14.51% in 2024, then increased by 7 bps to 15.52% in 2025, then gained by 11 bps to 17.31% in 2026.
  • Per Business Quant, the three latest AON Return on Capital Employed figures stand at 17.31% (Q1 2026), 15.52% (Q4 2025), and 15.25% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Marsh & Mclennan Companies 84.27 Bn 72.32 Bn 6.04 Bn 16.00%
2 Aon 75.99 Bn 74.60 Bn - 17.31%
3 Arthur J. Gallagher 62.23 Bn 60.85 Bn - 13.08%
4 Willis Towers Watson 27.24 Bn 25.46 Bn 1.98 Bn 7.63%
5 Brown & Brown 23.60 Bn 22.62 Bn 1.61 Bn 1.92%
6 Neptune Insurance Holdings 4.12 Bn 4.11 Bn 26.44 Mn 1,950.27%
7 Accelerant Holdings 3.06 Bn 1.55 Bn 48.00 Mn -
8 Corvel 3.03 Bn 2.68 Bn 54.92 Mn 36.19%
9 Baldwin Insurance 2.43 Bn 2.87 Bn - -2.43%
10 Goosehead Insurance 1.31 Bn 1.20 Bn - 27.21%

Historic Data

Download Data
DateValue
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%