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
DateValue
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%