AON PLC
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 15,249 | 62.0 |
| Stockholders' equity | 9,352 | 38.0 |
| Total capitalization | 24,601 | 100.0 |
212,125,434 shares outstanding at 28 July 2026 (cover page of the 10-Q filed 29 July 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 15,249 |
| Long-term debt, noncurrent | 14,660 |
| Current maturities | 589 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 500,000,000 |
| Common shares issued | 214,500,000 |
| Par or stated value per share ($) | 0.01 |
| Outstanding at 7/28/26 | 212,125,434 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 2.91 | 17.1 |
| 2024 | 2.64 | 21.1 |
| 2023 | 2.41 | 19.3 |
| 2022 | 2.19 | 18.0 |
| 2021 | 1.99 | 35.9 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Ireland. Formerly known as AON CORP (to 2 April 2012).
BUSINESS: Classified by the SEC under Standard Industrial Classification 6411, Insurance Agents, Brokers & Service. Large accelerated filer. Principal executive office: 15 Georges Quay, Dublin 2, L2 D02 VR98. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Total revenues | 17,181 | 15,698 | 13,376 |
| Income before income taxes | 4,759 | 3,462 | 3,169 |
| Income taxes | 1,009 | 742 | 541 |
| Net income | 3,695 | 2,654 | 2,564 |
| Earned per share, diluted ($) | 17.02 | 12.49 | 12.51 |
| Dividends per share ($) | 2.91 | 2.64 | 2.41 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Total investments | 192 | 90 |
| Cash and equivalents | 1,195 | 1,085 |
| Total assets | 50,784 | 48,965 |
| Debt | 15,249 | 17,016 |
| Total liabilities | 41,236 | 42,535 |
| Stockholders' equity | 9,352 | 6,121 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Total assets | Total liabilities | Total debt | Deposits | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 17,181 | 4,344 | 3,695 | 21.5 | 17.02 | 2.91 | 3,481 | 50,784 | 41,236 | 15,249 | – | 9,352 | 39.5 | 1.63 |
| 12/31/24 | 15,698 | 3,835 | 2,654 | 16.9 | 12.49 | 2.64 | 3,035 | 48,965 | 42,535 | 17,016 | – | 6,121 | 43.4 | 2.78 |
| 12/31/23 | 13,376 | 3,785 | 2,564 | 19.2 | 12.51 | 2.41 | 3,435 | 33,959 | 34,701 | 11,199 | – | (826) | -310.4 | -13.56 |
| 12/31/22 | 12,479 | 3,669 | 2,589 | 20.7 | 12.14 | 2.19 | 3,219 | 32,704 | 33,133 | 10,770 | – | (529) | -489.4 | -20.36 |
| 12/31/21 | 12,193 | 2,090 | 1,255 | 10.3 | 5.55 | 1.99 | 2,182 | 31,917 | 30,759 | 9,392 | – | 1,061 | 118.3 | 8.85 |
| 12/31/20 | 11,066 | 2,781 | 1,969 | 17.8 | 8.45 | 1.78 | 2,783 | 32,114 | 28,531 | 7,729 | – | 3,495 | 56.3 | 2.21 |
| 12/31/19 | 11,013 | 2,169 | 1,532 | 13.9 | 6.37 | 1.72 | 1,835 | 29,405 | 25,956 | 7,339 | – | 3,375 | 45.4 | 2.17 |
| 12/31/18 | 10,770 | 1,544 | 1,134 | 10.5 | 4.59 | 1.56 | 1,686 | 26,422 | 22,203 | 6,244 | – | 4,151 | 27.3 | 1.50 |
| 12/31/17 | 9,998 | 1,065 | 1,226 | 12.3 | 4.70 | 1.41 | 734 | 26,088 | 21,440 | 5,966 | – | 4,583 | 26.8 | 1.30 |
| 12/31/16 | 9,409 | 1,811 | 1,396 | 14.8 | 5.16 | 1.29 | 2,326 | 26,615 | 21,083 | 6,205 | – | 5,475 | 25.5 | 1.13 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; capital expenditure and free cash flow are not shown for banks and insurers, where they are not meaningful; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
Aon plc
CIK 315293 · EIN 98-1539969
PRINCIPAL OFFICE:
15 Georges Quay, Dublin 2, L2 D02 VR98
Tel.: 35312666000
INCORPORATED:
Ireland
INDUSTRY (SEC SIC CODE):
6411 · Insurance Agents, Brokers & Service
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 13 February 2026
FORMER NAMES:
AON CORP
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/13/26) · 10-K FY2024 (filed 2/18/25) · 10-K FY2023 (filed 2/16/24) · 10-K FY2022 (filed 2/17/23) · 10-K FY2021 (filed 2/18/22) · 10-K FY2020 (filed 2/19/21) · 10-K FY2019 (filed 2/14/20) · 10-K FY2018 (filed 2/19/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.