Aon (AON) Return on Capital Employed (2009 - 2026)
Aon (AON) posted quarterly Return on Capital Employed of 18.5% for Q2 2026, up 241.0% year-over-year from 5.42% in Q2 2025, and up 6.88% quarter-over-quarter from 17.31% in Q1 2026.
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 18.5% for Q2 2026.
- In Q2 2026, Return on Capital Employed rose 241.0% year-over-year to 18.5%; the TTM figure through Jun 2026 stood at 18.5% (up 241.0% YoY), while the FY2025 annual figure was 16.3%, down 447.0% from the prior year.
- Return on Capital Employed for Q2 2026 stood at 18.5%, up from 17.31% 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.
- The 5-year median for Return on Capital Employed is 17.25% (2026), against an average of 20.94%.
- The sharpest annual moves came in 2022 and 2024: Return on Capital Employed surged 1514 bps in 2022, then sank 1734 bps in 2024.
- Aon's Return on Capital Employed stood at 31.47% in 2022, then gained by 1 bps to 31.85% in 2023, then plunged by 54 bps to 14.51% in 2024, then grew by 7 bps to 15.52% in 2025, then rose by 19 bps to 18.5% in 2026.
- Business Quant data shows AON's Return on Capital Employed at 18.5% in Q2 2026, 17.31% in Q1 2026, and 15.52% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 265.99 Bn | 265.99 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 92.14 Bn | 79.94 Bn | 6.04 Bn | 16.00% |
| 3 | Aon | 75.64 Bn | 74.37 Bn | - | 18.50% |
| 4 | Arthur J. Gallagher | 67.55 Bn | 66.16 Bn | - | 7.14% |
| 5 | Willis Towers Watson | 32.13 Bn | 30.47 Bn | 2.09 Bn | 15.12% |
| 6 | Brown & Brown | 23.98 Bn | 23.06 Bn | 1.41 Bn | 1.92% |
| 7 | Erie Indemnity | 12.29 Bn | 11.94 Bn | - | 29.52% |
| 8 | Neptune Insurance Holdings | 4.61 Bn | 4.59 Bn | - | 796.02% |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | - |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.50% |
| 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% |