Aon (AON) Tax Rate (2009 - 2026)
Aon (AON) recorded quarterly Tax Rate of 20.22% in Q1 2026, down 11.56% quarter-over-quarter from 22.86% in Q4 2025, and down 122.0% on a YoY basis from 91.9% in Q1 2025.
Aon (AON) Tax Rate (2009 - 2026) Analysis & Trends
Aon's Tax Rate history runs 18 years deep, the most recent figure standing at 20.22% for Q1 2026.
- In Q1 2026, Tax Rate fell 122.0% year-over-year to 20.22%; the TTM figure through Mar 2026 stood at 20.84% (up 19.0% YoY), while the FY2025 annual figure was 21.2%, down 23.0% from the prior year.
- Tax Rate was 20.22% for Q1 2026 at Aon, down from 22.86% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 23.24% in Q1 2024 to a low of 6.06% in Q4 2022.
- Historically, Tax Rate has averaged 18.48% across 5 years, with a median of 19.6% in 2023.
- Biggest YoY gain for Tax Rate was 2069 bps in 2022; the steepest drop was 1526 bps in 2022.
- A 5-year view of Tax Rate shows it stood at 6.06% in 2022, then soared by 176 bps to 16.75% in 2023, then gained by 5 bps to 17.62% in 2024, then advanced by 30 bps to 22.86% in 2025, then dropped by 12 bps to 20.22% in 2026.
- The last three Tax Rate figures came in at 20.22% (Q1 2026), 22.86% (Q4 2025), and 21.27% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | 24.98% |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | 20.22% |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | 21.09% |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | 18.62% |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | 19.89% |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | - |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | 27.06% |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | 25.00% |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | 305.00% |
| 10 | Baldwin Insurance | 1.62 Bn | 2.07 Bn | - | 98.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.22% |
| Mar 31, 2026 | 20.22% |
| Dec 31, 2025 | 22.86% |
| Dec 31, 2025 | 22.86% |
| Sep 30, 2025 | 21.27% |
| Sep 30, 2025 | 21.27% |
| Jun 30, 2025 | 15.50% |
| Jun 30, 2025 | 15.50% |
| Mar 31, 2025 | 21.44% |
| Mar 31, 2025 | 21.44% |
| Dec 31, 2024 | 17.62% |
| Dec 31, 2024 | 17.62% |
| Sep 30, 2024 | 20.94% |
| Sep 30, 2024 | 20.94% |
| Jun 30, 2024 | 22.92% |
| Jun 30, 2024 | 22.92% |
| Mar 31, 2024 | 23.24% |
| Mar 31, 2024 | 23.24% |
| Dec 31, 2023 | 16.75% |
| Dec 31, 2023 | 16.75% |