Aon (AON) Return on Capital Employed [ROCE] (2009 - 2026)
Aon's Return on Capital Employed [ROCE] was 13.64% in Q3 2026, down 1.61 percentage points from 15.25% a year earlier and down 4.86 percentage points from the prior quarter.
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Analysis
Aon (AON) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Aon came in at 16.30%, down 4.47 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of -4.57 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 20.77% in FY2024 (-11.64 pp), 32.40% in FY2023 (+1.84 pp), 30.56% in FY2022 (+14.42 pp) and 16.15% in FY2021 (-4.72 pp).
- The Q3 2026 figure marks the lowest quarterly Return on Capital Employed [ROCE] since Q3 2024.
- Compared with a year earlier, Return on Capital Employed [ROCE] was higher in five of the last eight quarters, with an average year-over-year change of -2.43 percentage points.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q4 2022 (a gain of 15.14 percentage points); the worst was Q4 2024 (a drop of 17.34 percentage points).
- Per Business Quant data, AON's Return on Capital Employed [ROCE] in the three quarters before Q3 2026 was 18.50% (Q2 2026), 17.31% (Q1 2026) and 15.52% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,262.51 Bn | -171.64 Bn | 56.71 Bn | - |
| 2 | Chubb | 144.77 Bn | 90.41 Bn | 8.67 Bn | - |
| 3 | Progressive | 137.14 Bn | 112.66 Bn | 8.29 Bn | - |
| 4 | Marsh & Mclennan Companies | 99.23 Bn | 91.39 Bn | - | 16.17% |
| 5 | Travelers Companies | 83.36 Bn | 60.84 Bn | 5.93 Bn | - |
| 6 | Manulife Financial | 74.78 Bn | -20.73 Bn | - | - |
| 7 | Arthur J. Gallagher | 73.26 Bn | 67.85 Bn | 3.33 Bn | 6.98% |
| 8 | Aon | 72.01 Bn | 51.21 Bn | - | 13.64% |
| 9 | Allstate | 67.32 Bn | 24.39 Bn | -9.85 Bn | - |
| 10 | Metlife | 64.77 Bn | -43.48 Bn | 9.05 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.64% |
| 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% |
API Access
Aon Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=AON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "AON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=AON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();