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

Aon (AON) recorded quarterly Return on Capital Employed of 17.31% in Q1 2026, up 11.48% quarter-over-quarter from 15.52% in Q4 2025, and up 274.0% on a YoY basis from 4.63% in Q1 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.

  • In Q1 2026, Return on Capital Employed rose 274.0% year-over-year to 17.31%; the TTM figure through Mar 2026 stood at 17.31% (up 274.0% YoY), while the FY2025 annual figure was 16.3%, down 447.0% from the prior year.
  • Return on Capital Employed was 17.31% for Q1 2026 at Aon, up from 15.52% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 32.1% in Q2 2023 to a low of 12.33% in Q3 2024.
  • Historically, Return on Capital Employed has averaged 21.09% across 5 years, with a median of 17.19% in 2022.
  • The sharpest annual moves came in 2022 and 2024: Return on Capital Employed soared 1514 bps in 2022, then slumped 1734 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 31.47% in 2022, then advanced by 1 bps to 31.85% in 2023, then sank 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.
  • 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 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 15.83%
2 Aon 69.98 Bn 68.59 Bn - 17.31%
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 7.67%
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 14.03%
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 24.51%
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 1,732.02%
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 36.19%
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn -
10 Baldwin Insurance 1.62 Bn 2.07 Bn - -2.43%

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%