Aon (AON) vs Ryan Specialty (RYAN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Aon (AON) has outperformed Ryan Specialty (RYAN) over the past year, losing 26.3% versus a loss of 35.4%. Over five years, RYAN leads with a +1.1% price change compared with -12.6% for AON. Aon is the larger company by market cap ($57.37 billion vs $9.64 billion), about 6.0 times the size, while Ryan Specialty is growing revenue faster (+21.3% vs +9.4%).
On valuation, Aon trades at a lower forward P/E (13.4x vs 15.5x for Ryan Specialty). Ryan Specialty offers the higher dividend yield (1.33% vs 1.13%). Aon converts more of its revenue into profit, with a net margin of 21.5% versus 2.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AON | RYAN |
|---|---|---|
| Share price | $270.47 | $37.60 |
| Market cap | $57.37B | $9.64B |
| 1-day change | -1.28% | -1.83% |
| YTD return | -23.35% | -27.17% |
| 1-year return | -26.29% | -35.41% |
| 5-year return | -12.55% | +1.13% |
| P/E ratio (TTM) | 14.91 | 52.96 |
| Forward P/E | 13.37 | 15.47 |
| EPS (TTM) | $18.14 | $0.71 |
| Dividend yield | 1.13% | 1.33% |
| Annual dividend | $3.06 | $0.50 |
| Revenue (latest FY) | $17.18B | $3.05B |
| Revenue growth (YoY) | +9.45% | +21.28% |
| Net income (latest FY) | $3.69B | $63.40M |
| Operating margin | 25.28% | 16.18% |
| Net margin | 21.51% | 2.08% |
| 52-week high | $382.34 | $58.94 |
| 52-week low | $266.33 | $29.28 |
| Distance from 52-week high | -29.26% | -36.21% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +36.31% | +33.22% |
| Average volume | 1.55M | 1.94M |
| Shares outstanding | 212.13M | 122.08M |
| Employees | 60,000 | 6,171 |
| Sector | Finance | Finance |
| Industry | Specialty Insurers | Specialty Insurers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Aon is about 6.0 times larger than Ryan Specialty by market value ($57.37B vs $9.64B).
- Ryan Specialty trades at a higher earnings multiple (53.0x vs 14.9x trailing P/E).
- Aon is more profitable, keeping 21.5 cents of every revenue dollar as net income versus 2.1 cents for Ryan Specialty.
- Ryan Specialty grew revenue faster in its latest fiscal year (+21.28% vs +9.45%).
About Aon
AON stock →Aon plc operates as a professional services firm in the United States, rest of the Americas, the United Kingdom, Ireland, rest of Europe, the Middle East, Africa, and the Asia Pacific. It operates through Risk Capital and Human Capital segments.
Finance · Specialty Insurers · 60,000 employees
About Ryan Specialty
RYAN stock →Ryan Specialty Holdings, Inc. operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, Singapore, and internationally.
Finance · Specialty Insurers · 6,171 employees
AON vs RYAN FAQ
Which is bigger, Aon or Ryan Specialty?
Aon (AON) is larger, with a market capitalization of $57.37B compared with $9.64B for Ryan Specialty (RYAN).
Which stock has performed better over the past year, AON or RYAN?
AON returned -26.29% over the past 12 months, compared with -35.41% for RYAN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AON or RYAN?
AON has the lower trailing P/E at 14.9, versus 53.0 for RYAN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Aon or Ryan Specialty?
Ryan Specialty has the higher yield at 1.33%, compared with 1.13% for Aon.
Are Aon and Ryan Specialty in the same industry?
Yes. Both are classified in the Specialty Insurers industry within the Finance sector.