Aon (AON) Tax Rate (2009 - 2026)
Aon's (AON) quarterly Tax Rate came in at 20.22% in Q1 2026, down 122.0% year-on-year from 91.9% in Q1 2025, and down 11.56% quarter-over-quarter from 22.86% in Q4 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.
- On a quarterly basis, Tax Rate fell 122.0% year-over-year to 20.22% in Q1 2026; TTM through Mar 2026 was 20.84%, a 19.0% increase from a year earlier, with the FY2025 full-year figure at 21.2%, down 23.0% from the prior year.
- Tax Rate eased to 20.22% in Q1 2026 per AON's latest filing, from 22.86% in the prior quarter.
- Across five years, Tax Rate topped out at 23.24% in Q1 2024 and bottomed at 6.06% in Q4 2022.
- The 5-year median for Tax Rate is 19.6% (2023), against an average of 18.48%.
- Biggest YoY gain for Tax Rate was 2069 bps in 2022; the steepest drop was 1526 bps in 2022.
- Year by year, Tax Rate 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.
- Per Business Quant, the three latest AON Tax Rate figures stand at 20.22% (Q1 2026), 22.86% (Q4 2025), and 21.27% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 84.27 Bn | 72.32 Bn | 6.04 Bn | 24.15% |
| 2 | Aon | 75.99 Bn | 74.60 Bn | - | 20.22% |
| 3 | Arthur J. Gallagher | 62.23 Bn | 60.85 Bn | - | 21.09% |
| 4 | Willis Towers Watson | 27.24 Bn | 25.46 Bn | 1.98 Bn | 18.62% |
| 5 | Brown & Brown | 23.60 Bn | 22.62 Bn | 1.61 Bn | 19.89% |
| 6 | Neptune Insurance Holdings | 4.12 Bn | 4.11 Bn | 26.44 Mn | 27.06% |
| 7 | Accelerant Holdings | 3.06 Bn | 1.55 Bn | 48.00 Mn | 305.00% |
| 8 | Corvel | 3.03 Bn | 2.68 Bn | 54.92 Mn | 25.00% |
| 9 | Baldwin Insurance | 2.43 Bn | 2.87 Bn | - | 98.69% |
| 10 | Goosehead Insurance | 1.31 Bn | 1.20 Bn | - | 19.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.22% |
| Mar 31, 2026 | 20.22% |
| Mar 31, 2026 | 20.22% |
| Dec 31, 2025 | 22.86% |
| Dec 31, 2025 | 22.86% |
| Dec 31, 2025 | 22.86% |
| Sep 30, 2025 | 21.27% |
| Sep 30, 2025 | 21.27% |
| Sep 30, 2025 | 21.27% |
| Jun 30, 2025 | 15.50% |
| Jun 30, 2025 | 15.50% |
| Jun 30, 2025 | 15.50% |
| Mar 31, 2025 | 21.44% |
| Mar 31, 2025 | 21.44% |
| Mar 31, 2025 | 21.44% |
| Dec 31, 2024 | 17.62% |
| Dec 31, 2024 | 17.62% |
| Dec 31, 2024 | 17.62% |
| Sep 30, 2024 | 20.94% |
| Sep 30, 2024 | 20.94% |