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| 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% |