Aon PLC (4VK) - Net Assets
Based on the latest financial reports, Aon PLC (4VK) has net assets worth €8.20 Billion EUR (≈ $9.59 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€51.64 Billion ≈ $60.37 Billion USD) and total liabilities (€43.44 Billion ≈ $50.78 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check 4VK cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €8.20 Billion |
| % of Total Assets | 15.88% |
| Annual Growth Rate | 1.9% |
| 5-Year Change | 79.46% |
| 10-Year Change | N/A |
| Growth Volatility | 48.48 |
Aon PLC - Net Assets Trend (2016–2024)
This chart illustrates how Aon PLC's net assets have evolved over time, based on quarterly financial data. Also explore Aon PLC assets under control for the complete picture of this company's asset base.
Annual Net Assets for Aon PLC (2016–2024)
The table below shows the annual net assets of Aon PLC from 2016 to 2024. For live valuation and market cap data, see market cap of Aon PLC.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €6.43 Billion ≈ $7.52 Billion |
+966.58% |
| 2023-12-31 | €-742.00 Million ≈ $-867.48 Million |
-72.96% |
| 2022-12-31 | €-429.00 Million ≈ $-501.55 Million |
-137.05% |
| 2021-12-31 | €1.16 Billion ≈ $1.35 Billion |
-67.68% |
| 2020-12-31 | €3.58 Billion ≈ $4.19 Billion |
+3.89% |
| 2019-12-31 | €3.45 Billion ≈ $4.03 Billion |
-18.25% |
| 2018-12-31 | €4.22 Billion ≈ $4.93 Billion |
-9.23% |
| 2017-12-31 | €4.65 Billion ≈ $5.43 Billion |
-15.98% |
| 2016-12-31 | €5.53 Billion ≈ $6.47 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Aon PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 160.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €8.43 Billion | 137.72% |
| Total Equity | €6.12 Billion | 100.00% |
Aon PLC Competitors by Market Cap
The table below lists competitors of Aon PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hindustan Unilever Limited
NSE:HINDUNILVR
|
$57.20 Billion |
|
MPLX LP
NYSE:MPLX
|
$57.46 Billion |
|
National Bank of Canada
TO:NA
|
$57.47 Billion |
|
NXP Semiconductors NV
NASDAQ:NXPI
|
$57.71 Billion |
|
Sempra Energy
NYSE:SRE
|
$57.10 Billion |
|
Monolithic Power Systems Inc
NASDAQ:MPWR
|
$57.06 Billion |
|
NAURA Technology Group Co Ltd
SHE:002371
|
$56.96 Billion |
|
PING AN INSURANC.H ADR/2
F:PZXB
|
$56.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aon PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -826,000,000 to 6,121,000,000, a change of 6,947,000,000.
- Net income of 2,654,000,000 contributed positively to equity growth.
- Dividend payments of 562,000,000 reduced retained earnings.
- Share repurchases of 1,000,000,000 reduced equity.
- New share issuances of 79,000,000 increased equity.
- Other factors increased equity by 5,776,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.65 Billion | +43.36% |
| Dividends Paid | €562.00 Million | -9.18% |
| Share Repurchases | €1.00 Billion | -16.34% |
| Share Issuances | €79.00 Million | +1.29% |
| Other Changes | €5.78 Billion | +94.36% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares Aon PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 9.70x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 14.85x to 9.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €18.51 | €274.80 | x |
| 2018-12-31 | €17.29 | €274.80 | x |
| 2019-12-31 | €14.54 | €274.80 | x |
| 2020-12-31 | €15.50 | €274.80 | x |
| 2021-12-31 | €4.94 | €274.80 | x |
| 2022-12-31 | €-2.58 | €274.80 | x |
| 2023-12-31 | €-4.16 | €274.80 | x |
| 2024-12-31 | €28.34 | €274.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aon PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 43.36%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.91%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 8.00x
- Recent ROE (43.36%) is above the historical average (38.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 25.50% | 12.01% | 0.44x | 4.86x | €848.50 Million |
| 2017 | 26.75% | 12.26% | 0.38x | 5.69x | €767.70 Million |
| 2018 | 27.32% | 10.53% | 0.41x | 6.37x | €718.90 Million |
| 2019 | 45.39% | 13.91% | 0.37x | 8.71x | €1.19 Billion |
| 2020 | 56.34% | 17.79% | 0.34x | 9.19x | €1.62 Billion |
| 2021 | 118.28% | 10.29% | 0.38x | 30.09x | €1.15 Billion |
| 2022 | 0.00% | 20.75% | 0.38x | 0.00x | €2.64 Billion |
| 2023 | 0.00% | 19.17% | 0.39x | 0.00x | €2.65 Billion |
| 2024 | 43.36% | 16.91% | 0.32x | 8.00x | €2.04 Billion |
Industry Comparison
This section compares Aon PLC's net assets metrics with peer companies in the Insurance Brokers industry.
Industry Context
- Industry: Insurance Brokers
- Average net assets among peers: $1,162,079,094
- Average return on equity (ROE) among peers: 7.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aon PLC (4VK) | €8.20 Billion | 25.50% | 5.30x | $57.14 Billion |
| Steadfast Group Limited (1S6) | $898.14 Million | 8.18% | 0.91x | $3.34 Billion |
| Fanhua Inc (4CIA) | $2.75 Billion | 22.21% | 0.41x | $9.84 Million |
| FINTECH S.A. ZY 5 (9DZ) | $6.00 Million | -7.01% | 0.02x | $1.46 Million |
| AUB GROUP LTD. (A5H) | $997.45 Million | 8.10% | 0.64x | $1.89 Billion |
About Aon PLC
Aon plc, a professional services firm, provides a range of risk and human capital solutions worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captive management, and affinity programs; and health solutions, such as consulting and brokerage, consumer benefit, and talent advisory services. The company also provides insurance-… Read more