Aon plc (AON)

FairStock Score: 60/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses with durable demand, honest economics, and a price that leaves room for error. Aon is a global insurance broker and consulting firm, organized around Risk Capital and Human Capital, with 60,000 employees. That kind of professional services business can have a moat: clients depend on advice, brokerage, and benefits expertise, and scale helps. The filed record shows fiscal 2025 revenue of $17.2B, net income of $3.7B, and diluted EPS of $17.02, up from fiscal 2024 revenue of $15.7B, net income of $2.7B, and diluted EPS of $12.49. FairStock labels it a STALWART, citing 13.4% annual profit growth and 9.2% revenue growth over five years. Cash generation is real: trailing free cash flow is $3.2B, a 5.6% FCF yield. But the latest quarter softened: in fiscal Q2 2026, revenue was $4.2B and net income $551.0M, versus net income of $579.0M in fiscal Q2 2025. At the 2026-10-13 close of $274.71, FairStock's P/E is 15.14, P/B 6.07, EV/EBITDA 10.86, and ROE 44.70%. Those aren't wild, but the Graham Number is $135.46, leaving a -102.80% margin of safety, and the Altman Z-score of 0.97 with D/E of 1.63 warns that leverage matters. Aon looks like a decent business, but not a Graham bargain. I'd want profit growth to resume and debt to stay controlled before calling the price comfortable.

In plain English: Aon helps businesses around the world manage risk and employee benefits. It has earned steady profits in recent years and produces a lot of cash, but its latest quarter showed a small profit dip and the company uses debt. At the recent stock price, the shares look fair-to-expensive compared with the company's accounting value and a conservative value estimate, though not extreme compared with earnings.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer