Aon profit margin AON
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 22.3%
- Operating margin, 12 months
- 26.5%
- Net margin on a year earlier
- +6.7 pts
- Peer median
- 14.2%
Over the twelve months to Jun 30, 2026, Aon kept 22.3% of its revenue as net profit, with an operating margin of 26.5%.
Five years earlier its net margin was 17.8%.
The median for 7 insurance brokers of a similar size is 14.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 21.5% | 25.3% |
| FY2024 | 16.9% | 24.4% |
| FY2023 | 19.2% | 28.3% |
| FY2022 | 20.7% | 29.4% |
| FY2021 | 10.3% | 17.1% |
| FY2020 | 17.8% | 25.1% |
| FY2019 | 13.9% | 19.7% |
| FY2018 | 10.5% | 14.3% |
| FY2017 | 12.3% | 10.7% |
| FY2016 | 14.8% | 17.4% |
| FY2015 | 11.9% | 15.8% |
| FY2014 | 11.6% | 16.3% |
| FY2013 | 9.4% | 14.1% |
| FY2012 | 8.6% | 13.9% |
| FY2011 | 8.7% | 14.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 22.3% | +6.7 pts | 26.5% | |
| Q1 FY26 | 22.5% | +7.0 pts | 26.3% | |
| Q4 FY25 | 21.5% | +4.6 pts | 25.3% | |
| Q3 FY25 | 16.0% | −0.4 pts | 24.8% | |
| Q2 FY25 | 15.5% | −2.5 pts | 24.1% | |
| Q1 FY25 | 15.6% | −3.5 pts | 23.4% | |
| Q4 FY24 | 16.9% | −2.3 pts | 24.4% | |
| Q3 FY24 | 16.3% | −4.4 pts | 23.6% | |
| Q2 FY24 | 18.0% | −2.8 pts | 25.4% | |
| Q1 FY24 | 19.0% | −1.6 pts | 27.8% | |
| Q4 FY23 | 19.2% | −1.6 pts | 28.3% | |
| Q3 FY23 | 20.7% | −1.8 pts | 30.6% |
Against its peers
Companies in Insurance - Brokers nearest Aon's size, closest first, today.
| Company | Profit margin |
|---|---|
| AONAon | 22.3% |
| AJGArthur J. Gallagher | 10.0% |
| MRSHMarsh & McLennan Companies | 14.2% |
| WTWWillis Towers Watson Public | 15.5% |
| BROBrown & Brown | 17.7% |
| ERIEErie Indemnity | 14.0% |
| RYANRyan Specialty | 3.1% |
| ACTEnact | 54.5% |
| Peer median | 14.2% |
Where Aon ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Aon
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.