# Aon plc Class A Ordinary Shares (Ireland) (AON) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Insurance. Price $323.09, market value $68.5 billion.

## Valuation
- **P/E (trailing): 17.8×** (5-yr avg 29.7×, 3-yr avg 24.0×). Aon plc Class A Ordinary Shares (Ireland) trades at 17.8× trailing earnings, well below its own five-year average of 29.7×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 15.8×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.44**. A PEG of 0.44 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 3.9×**. Each dollar of revenue is priced at 3.9×.
- **Price / book: 7.1×**. The shares trade at 7.1× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 4.7%** (5-yr avg 4.3%). Free cash flow equals 4.7% of the market value, in line with its five-year average of 4.3%.
- **Earnings yield: 5.6%**. The inverse of the P/E: 5.6% of the price is earned each year.

## Profitability
- **Operating margin: 26.5%**. 26.5% of revenue is left after running the business, an exceptional level.
- **Net margin: 21.5%**. 21.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 39.5%**. 39.5% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 15.7%**. Return on all capital, debt included, is 15.7%: comfortably above what that capital costs.
- **Return on assets: 7.7%**. Each dollar of assets produces 7.7% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 9.4%** (3-yr 11.2%/yr, 5-yr 9.2%/yr). Revenue grew 9.4% over the last year, against 9.2% a year compounded over five years.
- **EPS growth (1 yr): 36.3%** (3-yr 11.9%/yr, 5-yr 15.0%/yr). Earnings per share rose 36.3%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 2.1%/yr**. Free cash flow has compounded at 2.1% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.
- **Cash and short-term investments: $1.2 billion**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 1.02%** ($3.06 per share, trailing). Aon plc Class A Ordinary Shares (Ireland) yields 1.02%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 17%** (20% of free cash flow). 17% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 6**. 6 straight years of increases.
- **Dividend growth (5 yr): 8.9%/yr** (1-yr 3.2%). The dividend has grown 8.9% a year over five years.

## Analyst view
- **Analyst consensus: buy** (19 analysts). 19 analysts cover Aon plc Class A Ordinary Shares (Ireland); the consensus is buy, with an average price target of $404.05 (+25% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -13.3%** (YTD -8.2%, 3-mo -1.7%). The shares are down 13.3% over twelve months including dividends.
- **From 52-week high: -15.5%** (6.1% above the low). Trading 15% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 35**. An RSI of 35 is neutral.
- **Beta (1 yr): -0.23** (volatility 27%). Beta of -0.23 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=AON · Page: https://foliofundamentals.com/stocks/aon

Not investment advice.