Aon PLC

NYSE:AON USA Insurance Brokers
Market Cap
$68.89 Billion
Market Cap Rank
#320 Global
#253 in USA
Share Price
$321.18
Change (1 day)
-1.70%
52-Week Range
$309.97 - $399.54
All Time High
$409.32
About

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

Aon PLC (AON) - Net Assets

Latest net assets as of December 2025: $9.55 Billion USD

Based on the latest financial reports, Aon PLC (AON) has net assets worth $9.55 Billion USD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($50.78 Billion) and total liabilities ($41.24 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets $9.55 Billion
% of Total Assets 18.8%
Annual Growth Rate 5.88%
5-Year Change 724.53%
10-Year Change 72.6%
Growth Volatility 29.76

Aon PLC - Net Assets Trend (1985–2025)

This chart illustrates how Aon PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Aon PLC (1985–2025)

The table below shows the annual net assets of Aon PLC from 1985 to 2025.

Year Net Assets Change
2025-12-31 $9.55 Billion +48.49%
2024-12-31 $6.43 Billion +966.58%
2023-12-31 $-742.00 Million -72.96%
2022-12-31 $-429.00 Million -137.05%
2021-12-31 $1.16 Billion -67.68%
2020-12-31 $3.58 Billion +3.89%
2019-12-31 $3.45 Billion -18.25%
2018-12-31 $4.22 Billion -9.23%
2017-12-31 $4.65 Billion -15.98%
2016-12-31 $5.53 Billion -10.24%
2015-12-31 $6.16 Billion -7.06%
2014-12-31 $6.63 Billion -19.08%
2013-12-31 $8.20 Billion +5.00%
2012-12-31 $7.80 Billion -3.88%
2011-12-31 $8.12 Billion -2.24%
2010-12-31 $8.31 Billion +52.94%
2009-12-31 $5.43 Billion +2.20%
2008-12-31 $5.31 Billion -14.58%
2007-12-31 $6.22 Billion +19.22%
2006-12-31 $5.22 Billion -1.60%
2005-12-31 $5.30 Billion +3.92%
2004-12-31 $5.10 Billion +13.45%
2003-12-31 $4.50 Billion -2.15%
2002-12-31 $4.60 Billion +6.39%
2001-12-31 $4.32 Billion +3.18%
2000-12-31 $4.19 Billion +8.75%
1999-12-31 $3.85 Billion +0.89%
1998-12-31 $3.82 Billion +5.38%
1997-12-31 $3.62 Billion +27.86%
1996-12-31 $2.83 Billion +25.49%
1995-12-31 $2.26 Billion 0.00%
1994-12-31 $2.26 Billion -1.33%
1993-12-31 $2.29 Billion +8.74%
1992-12-31 $2.10 Billion +18.53%
1991-12-31 $1.77 Billion +21.78%
1990-12-31 $1.46 Billion +2.55%
1989-12-31 $1.42 Billion +13.41%
1988-12-31 $1.25 Billion +10.89%
1987-12-31 $1.13 Billion -1.03%
1986-12-31 $1.14 Billion +17.38%
1985-12-31 $972.90 Million --

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 128.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock $2.00 Million 0.02%
Other Comprehensive Income $-3.84 Billion -41.09%
Other Components $13.44 Billion 143.69%
Total Equity $9.35 Billion 100.00%

Aon PLC Competitors by Market Cap

The table below lists competitors of Aon PLC ranked by their market capitalization.

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 2024 to 2025, total equity changed from 6,121,000,000 to 9,352,000,000, a change of 3,231,000,000 (52.8%).
  • Net income of 3,695,000,000 contributed positively to equity growth.
  • Dividend payments of 629,000,000 reduced retained earnings.
  • Share repurchases of 1,000,000,000 reduced equity.
  • Other comprehensive income increased equity by 902,000,000.
  • Other factors increased equity by 263,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $3.69 Billion +39.51%
Dividends Paid $629.00 Million -6.73%
Share Repurchases $1.00 Billion -10.69%
Other Comprehensive Income $902.00 Million +9.64%
Other Changes $263.00 Million +2.81%
Total Change $- 52.79%

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: 7.44x
  • 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 74.53x to 7.44x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1985-12-31 $4.31 $321.18 x
1986-12-31 $5.10 $321.18 x
1987-12-31 $5.07 $321.18 x
1988-12-31 $5.80 $321.18 x
1989-12-31 $6.42 $321.18 x
1990-12-31 $6.53 $321.18 x
1991-12-31 $8.07 $321.18 x
1992-12-31 $8.64 $321.18 x
1993-12-31 $9.57 $321.18 x
1994-12-31 $9.45 $321.18 x
1995-12-31 $9.23 $321.18 x
1996-12-31 $11.19 $321.18 x
1997-12-31 $11.02 $321.18 x
1998-12-31 $11.63 $321.18 x
1999-12-31 $11.61 $321.18 x
2000-12-31 $12.79 $321.18 x
2001-12-31 $12.96 $321.18 x
2002-12-31 $13.54 $321.18 x
2003-12-31 $14.15 $321.18 x
2004-12-31 $15.16 $321.18 x
2005-12-31 $15.53 $321.18 x
2006-12-31 $15.25 $321.18 x
2007-12-31 $19.26 $321.18 x
2008-12-31 $17.66 $321.18 x
2009-12-31 $18.48 $321.18 x
2010-12-31 $27.68 $321.18 x
2011-12-31 $23.70 $321.18 x
2012-12-31 $23.34 $321.18 x
2013-12-31 $25.82 $321.18 x
2014-12-31 $21.93 $321.18 x
2015-12-31 $21.52 $321.18 x
2016-12-31 $20.26 $321.18 x
2017-12-31 $17.58 $321.18 x
2018-12-31 $16.81 $321.18 x
2019-12-31 $14.03 $321.18 x
2020-12-31 $14.99 $321.18 x
2021-12-31 $4.69 $321.18 x
2022-12-31 $-2.48 $321.18 x
2023-12-31 $-4.03 $321.18 x
2024-12-31 $28.80 $321.18 x
2025-12-31 $43.20 $321.18 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): 39.51%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 21.51%
  • • Asset Turnover: 0.34x
  • • Equity Multiplier: 5.43x
  • Recent ROE (39.51%) is above the historical average (20.17%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1985 16.55% 11.84% 0.43x 3.28x $63.71 Million
1986 16.13% 10.20% 0.31x 5.17x $70.00 Million
1987 16.38% 7.50% 0.35x 6.27x $72.08 Million
1988 14.32% 6.63% 0.33x 6.60x $54.17 Million
1989 16.35% 10.20% 0.25x 6.44x $90.26 Million
1990 16.40% 9.10% 0.25x 7.16x $93.24 Million
1991 13.63% 8.26% 0.25x 6.55x $64.50 Million
1992 6.02% 3.79% 0.23x 6.79x $-83.79 Million
1993 14.15% 8.42% 0.24x 7.12x $95.02 Million
1994 15.95% 8.66% 0.23x 7.94x $134.26 Million
1995 17.84% 11.62% 0.18x 8.74x $177.06 Million
1996 11.79% 8.59% 0.28x 4.84x $50.71 Million
1997 10.59% 5.20% 0.31x 6.62x $16.79 Million
1998 17.93% 8.33% 0.33x 6.53x $239.30 Million
1999 11.54% 4.98% 0.33x 6.93x $46.90 Million
2000 13.99% 6.48% 0.33x 6.57x $135.20 Million
2001 4.17% 1.98% 0.33x 6.36x $-205.10 Million
2002 11.96% 6.26% 0.29x 6.50x $76.50 Million
2003 13.96% 6.40% 0.36x 6.01x $178.20 Million
2004 10.70% 5.37% 0.36x 5.55x $35.70 Million
2005 13.86% 11.05% 0.24x 5.25x $204.70 Million
2006 13.80% 10.46% 0.28x 4.66x $198.20 Million
2007 13.89% 11.74% 0.29x 4.01x $241.90 Million
2008 27.51% 19.42% 0.32x 4.36x $930.60 Million
2009 13.89% 9.84% 0.33x 4.27x $209.10 Million
2010 8.56% 8.29% 0.29x 3.51x $-119.10 Million
2011 12.12% 8.67% 0.38x 3.66x $171.20 Million
2012 12.79% 8.62% 0.38x 3.93x $216.80 Million
2013 13.66% 9.42% 0.39x 3.71x $298.50 Million
2014 21.26% 11.60% 0.40x 4.53x $739.90 Million
2015 22.68% 14.61% 0.35x 4.45x $774.40 Million
2016 25.50% 14.84% 0.35x 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
2025 39.51% 21.51% 0.34x 5.43x $2.76 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: $919,338,959
  • Average return on equity (ROE) among peers: 11.21%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Aon PLC (AON) $9.55 Billion 16.55% 4.32x $66.69 Billion
Fanhua Inc. (AIFU) $3.33 Billion 4.85% 0.12x $991.26K
Arthur J Gallagher & Co (AJG) $3.23 Billion 9.39% 2.10x $52.50 Billion
Accelerant Holdings (ARX) $427.00 Million 6.37% 13.27x $668.60 Million
Brown & Brown Inc (BRO) $27.20 Million 29.41% 3.90x $20.06 Billion
The Baldwin Insurance Group, Inc. (BWIN) $-96.25 Million 0.00% 0.00x $1.98 Billion
Crawford & Company (CRD-B) $207.80 Million 17.08% 0.52x $205.68 Million
CorVel Corp (CRVL) $194.81 Million 23.97% 0.63x $1.55 Billion
China United Insurance Service Inc (CUII) $45.75 Million 12.89% 0.95x $1.56K
eHealth Inc (EHTH) $904.08 Million -3.12% 0.23x $37.15 Million