Aon plc income statement
In fiscal 2025, Aon plc reported revenue of $17.18bn, up 9.4% on the year before, operating income of $4.34bn (a 25.3% margin) and net income of $3.69bn, or $17.02 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.6 | 8.5 | 11.3 | 11.5 | 11.8 | 12.0 | 9.5 | 9.4 | 10.0 | 10.8 | 11.0 | 11.1 | 12.2 | 12.5 | 13.4 | 15.7 | 17.2 | 17.7 |
| Operating income | 1.0 | 1.2 | 1.6 | 1.6 | 1.7 | 2.0 | 1.6 | 1.8 | 1.1 | 1.5 | 2.2 | 2.8 | 2.1 | 3.7 | 3.8 | 3.8 | 4.3 | 4.6 |
| Interest expense | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.5 | 0.8 | 0.8 | 0.8 |
| Income before tax | — | — | 1.4 | 1.4 | 1.5 | 1.8 | 1.4 | 1.4 | 0.7 | 1.2 | 1.9 | 2.5 | 1.9 | 3.2 | 3.2 | 3.5 | 4.8 | 5.1 |
| Income tax | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.3 | 0.2 | 0.1 | 0.3 | 0.1 | 0.3 | 0.4 | 0.6 | 0.5 | 0.5 | 0.7 | 1.0 | 1.1 |
| Net income | 0.7 | 0.7 | 1.0 | 1.0 | 1.1 | 1.4 | 1.4 | 1.4 | 1.2 | 1.1 | 1.5 | 2.0 | 1.3 | 2.6 | 2.6 | 2.7 | 3.7 | 3.9 |
| Diluted EPS | $2.57 | $2.37 | $2.87 | $2.99 | $3.53 | $4.66 | $4.88 | $5.16 | $4.70 | $4.59 | $6.37 | $8.45 | $5.55 | $12.14 | $12.51 | $12.49 | $17.02 | $18.31 |
| Diluted shares (average) | 291m | 298m | 341m | 333m | 315m | 300m | 284m | 270m | 261m | 247m | 241m | 233m | 226m | 213m | 205m | 213m | 217m | 215m |
| EBITDA | 1.2 | 1.4 | 1.8 | 1.8 | 1.9 | 2.2 | 1.8 | 2.0 | 1.3 | 1.7 | 2.3 | 2.9 | 2.3 | 3.8 | 4.0 | 4.0 | 4.5 | 4.8 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,147 | 4,729 | 4,155 | 3,997 | 4,300 | 5,034 | 4,246 | 4,101 |
| Operating income | 1,091 | 1,461 | 859 | 816 | 1,208 | 1,715 | 915 | 809 |
| Interest expense | 206 | 206 | 212 | 206 | 191 | 179 | 179 | 206 |
| Income before tax | 891 | 1,250 | 703 | 597 | 2,209 | 1,553 | 724 | 612 |
| Income tax | 157 | 268 | 109 | 127 | 505 | 314 | 159 | 126 |
| Net income | 716 | 965 | 579 | 458 | 1,693 | 1,212 | 551 | 476 |
| Diluted EPS | $3.29 | $4.43 | $2.66 | $2.11 | $7.81 | $5.63 | $2.58 | $2.23 |
| EBITDA | 1,138 | 1,507 | 906 | 863 | 1,256 | 1,761 | 964 | 858 |
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