Aon Financial Statements
NYSE: AONFinanceSpecialty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Aon revenue and earnings
In fiscal 2025, Aon generated $17.18 billion in revenue, up 9.4% from fiscal 2024, its 9th consecutive year of revenue growth. Net income was $3.69 billion (+39.2% year over year), for a net margin of 21.5% versus a median of 17.8% in the prior 5 years. Operating margin was 25.3%.
Diluted earnings per share came in at $17.02, up from $12.49. Over the last 5 fiscal years, AON's revenue has grown at a 9.2% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Aon income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.18B | 15.70B | 13.38B | 12.48B | 12.19B | 11.07B | 11.01B | 10.77B | 10.00B | 9.41B |
| Revenue growth (YoY) | +9.45% | +17.36% | +7.19% | +2.35% | +10.18% | +0.48% | +2.26% | +7.72% | +6.26% | -0.75% |
| Operating Income | 4.34B | 3.83B | 3.79B | 3.67B | 2.09B | 2.78B | 2.17B | 1.54B | 1.06B | 1.81B |
| Interest Expense | 815.00M | 788.00M | 484.00M | 406.00M | 322.00M | 334.00M | 307.00M | 278.00M | 282.00M | 282.00M |
| Other Income (Expense) | 1.21B | 348.00M | -163.00M | -125.00M | 152.00M | 13.00M | 0 | -25.00M | -125.00M | -137.00M |
| Pretax Income | 4.76B | 3.46B | 3.17B | 3.16B | 1.93B | 2.47B | 1.87B | 1.25B | 685.00M | 1.40B |
| Income Tax | 1.01B | 742.00M | 541.00M | 510.00M | 623.00M | 448.00M | 297.00M | 146.00M | 250.00M | 148.00M |
| Net Income | 3.69B | 2.65B | 2.56B | 2.59B | 1.25B | 1.97B | 1.53B | 1.17B | 1.26B | 1.43B |
| Net Income growth (YoY) | +39.22% | +3.51% | -0.97% | +106.29% | -36.26% | +28.52% | +30.49% | -7.05% | -11.68% | +0.56% |
| EPS (Basic) | 17.11 | 12.55 | 12.60 | 12.23 | 5.59 | 8.49 | 6.42 | 4.62 | 4.74 | 5.21 |
| EPS (Diluted) | 17.02 | 12.49 | 12.51 | 12.14 | 5.55 | 8.45 | 6.37 | 4.59 | 4.70 | 5.16 |
| Shares Outstanding (Basic) | 215.90M | 211.40M | 203.50M | 211.70M | 224.70M | 231.90M | 238.60M | 245.20M | 258.50M | 268.10M |
| Shares Outstanding (Diluted) | 217.10M | 212.50M | 205.00M | 213.20M | 226.10M | 233.10M | 240.60M | 247.00M | 260.70M | 270.30M |
| EBITDA | 4.53B | 4.02B | 3.95B | 3.82B | 2.27B | 2.95B | 2.34B | 1.72B | 1.25B | 1.97B |
| Operating Margin | 25.28% | 24.43% | 28.30% | 29.40% | 17.14% | 25.13% | 19.69% | 14.34% | 10.65% | 19.25% |
| Net Margin | 21.51% | 16.91% | 19.17% | 20.75% | 10.29% | 17.79% | 13.91% | 10.90% | 12.63% | 15.20% |
This table shows 10 annual periods of Aon's income statement, from FY 2025 back to FY 2016, across 14 line items including revenue, operating income, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow AON's reporting calendar. What is a income statement?