What is Aon's forward P/E?

Aon's forward P/E is 17.01: today's price over the analysts' average EPS estimate for the next twelve months, the earnings expected rather than those reported. By fiscal year, it trades at 18.5 times its FY2026 earnings and 16.8 times its FY2027 earnings.

What is Aon's PEG ratio?

Aon's PEG ratio is 1.67: its P/E of 18.55 over the 11.1% a year the analysts expect its earnings per share to grow from FY2025 to FY2028. Around 1 is often read as a P/E in line with the growth; above it, the price asks for more.

Aon
D
Quotes are delayed by 15 minutes

AON

Arincen ScoreBeta87/100

87/100B

340.50

USD

7.44

(2.23%)

Market Open

Last updated: 13 Nov, 11:11 GMT-5 · Delayed 15 min

Fair value377.40Plus-10%272Price 340.50510

Q4 FY2026 · Earnings report

EPS estimate 4.80Revenue estimate 4.54B

Q4 FY2026 · Earnings report

Friday 29 January

EPS estimate 4.80Revenue estimate 4.54B

Fair value377.40Plus-10%272Price 340.50510

Q4 FY2026 · Earnings report

EPS estimate 4.80Revenue estimate 4.54B

Q4 FY2026 · Earnings report

Friday 29 January

EPS estimate 4.80Revenue estimate 4.54B

Overview Financials Forecast Earnings Dividends Company

Aon P/E ratioWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.

Aon's P/E ratio is 18.55: its share price of 340.50 over its earnings per share of 18.36 over the last twelve months.

Today: 18.55
Forward P/E, next 12 months: 17.01
PEG ratio: 1.67
Median, 5 years: 26.82
Low, 5 years: 14.78
High, 5 years: 75.91

P/E ratio = price ÷ EPS (last 12 months) = 340.50 ÷ 18.36 = 18.55

Each day's closing price over the earnings per share of the last four quarters reported by that day (basic EPS, adjusted for splits). The P/E moves with the price every day and with the earnings at each report.

The forward P/E divides the price by the analysts' average EPS estimate for the next twelve months: the fiscal year in progress for the months left in it, the next one for the rest. For past days it uses each year's latest estimate, as the estimates of the time were not recorded (we keep a daily copy from November 2026), so the past line reads the price against the earnings expected by the time each year was reported.

Is Aon's P/E high compared with its own history?Is the P/E high or low for this stock? Today's P/E against every daily P/E of the stock's last 5 years, with the growth analysts expect: whether the stock is expensive or cheap compared with itself, and whether its growth explains it.

Aon's P/E of 18.5 is near the bottom of its 5-year range (14.8 to 75.9, median 26.8). Analysts expect slower growth than in recent years, so the low P/E may be deserved.

5-year range of the daily P/E

Median 26.8

Today 18.5

14.8

75.9

The price against its P/E range

At its 5-year high P/E (75.9)At its median P/E (26.8)At its 5-year low P/E (14.8)Price

Each line is the earnings per share of the day times one P/E of the last five years: the price near the top line is near the most it was paid for those earnings, near the bottom line the least.

Growth a year: the past against what analysts expect

EPSSlower
Expected, to FY2028 11.1%Past 5 years 15.0%Past 3 years 11.9%
RevenueAbout the same
Expected, to FY2028 10.1%Past 5 years 9.2%Past 3 years 11.2%

	Past 5 years	Past 3 years	Expected, to FY2028	Expected against the past
EPS	15.0%	11.9%	11.1%	Slower
Revenue	9.2%	11.2%	10.1%	About the same

Buyers pay about the usual price for each point of growth: a PEG of 1.7 on expected growth against 1.8 on its median P/E and past five years' growth.

What changed in 5 years

Debt is about the same as in FY2020: 3.0 times EBITDA against 2.8.
Buybacks: EPS grew ⁦15.0%⁩ a year since FY2020 against ⁦13.4%⁩ for net income; the falling share count added about 1.6 points a year.
Operating margin is about the same as in FY2020: ⁦25.3%⁩ against ⁦25.1%⁩.
Unusual tax: FY2021 at ⁦32.3%⁩ against a usual ⁦19.7%⁩, which moves that year's profit and the P/E readings that include it.
Risk Capital Segment grew from ⁦0.0%⁩ of revenue in FY2020 to ⁦65.7%⁩ in FY2025.
Since 15 November 2021 the price has changed ⁦+13.3%⁩: earnings per share ⁦+360.2%⁩ and the P/E ⁦−75.4%⁩.

Is the price fair? See the whole check

A P/E is compared with the stock's own last five years, not with other companies. Why the market pays more or less (news, rates, the sector) is not in these figures.

P/E ratio by year and by quarter

Fiscal year	Period ending	P/E ratio	Forward P/E	Market cap	Net income
FY2027 · Estimate	31 Dec 2027	16.81	—	—	—
FY2026 · Estimate	31 Dec 2026	18.48	—	—	—
Today		18.55	17.01	72.24B	3.98B
FY2025	31 Dec 2025	20.54	19.15	75.90B	3.70B
FY2024	31 Dec 2024	27.91	21.18	75.93B	2.72B
FY2023	31 Dec 2023	23.10	18.84	59.22B	2.56B
FY2022	31 Dec 2022	24.01	20.98	63.54B	2.65B
FY2021	31 Dec 2021	51.63	22.84	67.54B	1.31B
FY2020	31 Dec 2020	24.28	18.10	48.99B	2.02B
FY2019	31 Dec 2019	31.59	16.48	49.70B	1.57B
FY2018	31 Dec 2018	30.36	16.48	35.64B	1.17B
FY2017	31 Dec 2017	27.43	16.48	34.64B	1.26B
FY2016	31 Dec 2016	20.90	17.10	29.88B	1.43B
FY2015	31 Dec 2015	18.22	14.14	25.90B	1.42B
FY2014	31 Dec 2014	19.57	15.80	28.01B	1.43B
FY2013	31 Dec 2013	22.78	16.74	26.15B	1.15B
FY2012	31 Dec 2012	18.35	11.81	18.22B	993.00M
FY2011	31 Dec 2011	15.55	11.10	15.70B	1.01B
FY2010	31 Dec 2010	18.41	13.82	13.48B	732.00M
FY2009	31 Dec 2009	13.70	12.82	10.85B	792.00M
FY2008	31 Dec 2008	8.92	14.98	13.03B	1.46B
FY2007	31 Dec 2007	16.45	18.92	14.21B	864.00M
FY2006	31 Dec 2006	16.62	15.17	11.20B	674.00M
FY2005	31 Dec 2005	23.29	15.12	11.58B	497.00M
FY2004	31 Dec 2004	13.96	14.46	7.62B	546.00M
FY2003	31 Dec 2003	11.67	12.15	7.60B	651.00M
FY2002	31 Dec 2002	11.66	10.10	5.43B	466.00M
FY2001	31 Dec 2001	46.66	16.11	9.47B	203.00M
FY2000	31 Dec 2000	18.65	25.46	8.97B	481.00M
FY1999	31 Dec 1999	29.38	17.78	10.34B	352.00M
FY1998	31 Dec 1998	17.40	17.17	9.41B	541.00M
FY1997	31 Dec 1997	32.99	18.18	9.86B	298.80M
FY1996	31 Dec 1996	25.82	18.16	6.99B	270.80M
FY1995	31 Dec 1995	17.85	—	5.42B	303.70M
FY1994	31 Dec 1994	9.27	—	3.34B	360.00M
FY1993	31 Dec 1993	10.58	—	3.43B	323.80M
FY1992	31 Dec 1992	18.89	—	3.90B	206.20M
FY1991	31 Dec 1991	10.67	—	2.58B	242.00M
FY1990	31 Dec 1990	9.63	—	2.30B	239.00M
FY1989	31 Dec 1989	11.92	—	2.77B	232.40M
FY1988	31 Dec 1988	10.00	—	1.79B	179.50M
FY1987	31 Dec 1987	8.16	—	1.51B	185.10M
FY1986	31 Dec 1986	9.49	—	1.75B	184.20M
FY1985	31 Dec 1985	10.76	—	1.73B	161.00M

Quarter	Period ending	P/E ratio	Forward P/E	Market cap	Net income
Q3 FY2026	30 Sept 2026	14.75	13.98	58.76B	3.98B
Q2 FY2026	30 Jun 2026	17.88	17.15	70.92B	3.97B
Q1 FY2026	31 Mar 2026	17.31	17.10	69.17B	4.00B
Q4 FY2025	31 Dec 2025	20.30	19.15	75.90B	3.74B
Q3 FY2025	30 Sept 2025	27.67	19.75	76.91B	2.78B
Q2 FY2025	30 Jun 2025	28.94	20.17	77.13B	2.67B
Q1 FY2025	31 Mar 2025	33.28	23.03	86.36B	2.60B
Q4 FY2024	31 Dec 2024	28.98	21.18	77.79B	2.68B
Q3 FY2024	30 Sept 2024	30.73	20.87	75.22B	2.45B
Q2 FY2024	30 Jun 2024	24.47	18.12	62.37B	2.55B
Q1 FY2024	31 Mar 2024	25.24	21.10	65.62B	2.60B
Q4 FY2023	31 Dec 2023	22.60	18.84	58.29B	2.58B
Q3 FY2023	30 Sept 2023	23.95	21.39	65.78B	2.75B
Q2 FY2023	30 Jun 2023	26.08	23.20	70.66B	2.71B
Q1 FY2023	31 Mar 2023	24.54	21.61	64.98B	2.65B
Q4 FY2022	31 Dec 2022	23.54	20.98	62.28B	2.65B
Q3 FY2022	30 Sept 2022	19.80	19.15	56.49B	2.85B
Q2 FY2022	30 Jun 2022	37.26	19.67	57.52B	1.54B
Q1 FY2022	31 Mar 2022	49.27	24.25	70.11B	1.42B
Q4 FY2021	31 Dec 2021	51.17	22.84	65.91B	1.29B
Q3 FY2021	30 Sept 2021	68.60	22.35	64.41B	939.00M
Q2 FY2021	30 Jun 2021	25.66	19.23	54.20B	2.11B
Q1 FY2021	31 Mar 2021	24.53	19.12	52.26B	2.13B
Q4 FY2020	31 Dec 2020	24.12	18.10	48.42B	2.01B
Q3 FY2020	30 Sept 2020	25.72	18.47	47.99B	1.87B
Q2 FY2020	30 Jun 2020	24.82	18.10	44.82B	1.81B
Q1 FY2020	31 Mar 2020	22.88	16.27	38.49B	1.68B
Q4 FY2019	31 Dec 2019	31.20	16.48	48.89B	1.57B
Q3 FY2019	30 Sept 2019	29.82	16.48	45.86B	1.54B
Q2 FY2019	30 Jun 2019	31.96	16.48	46.95B	1.47B
Q1 FY2019	31 Mar 2019	33.88	16.48	42.01B	1.24B
Q4 FY2018	31 Dec 2018	30.01	16.48	35.24B	1.17B
Q3 FY2018	30 Sept 2018	46.70	16.48	37.78B	809.00M
Q2 FY2018	30 Jun 2018	39.79	16.48	33.74B	848.00M
Q1 FY2018	31 Mar 2018	22.24	16.48	34.87B	1.57B
Q4 FY2017	31 Dec 2017	26.66	16.48	33.67B	1.26B
Q3 FY2017	30 Sept 2017	20.93	18.90	37.34B	1.78B
Q2 FY2017	30 Jun 2017	18.19	18.15	34.89B	1.92B
Q1 FY2017	31 Mar 2017	22.13	17.15	31.43B	1.42B
Q4 FY2016	31 Dec 2016	20.54	17.10	29.62B	1.44B
Q3 FY2016	30 Sept 2016	19.76	17.25	30.09B	1.52B
Q2 FY2016	30 Jun 2016	19.61	16.75	29.42B	1.50B
Q1 FY2016	31 Mar 2016	20.16	16.02	28.38B	1.41B
Q4 FY2015	31 Dec 2015	17.86	14.14	25.40B	1.42B
Q3 FY2015	30 Sept 2015	19.16	13.87	24.89B	1.30B
Q2 FY2015	30 Jun 2015	21.63	15.93	28.36B	1.31B
Q1 FY2015	31 Mar 2015	19.02	15.68	27.32B	1.44B
Q4 FY2014	31 Dec 2014	19.01	15.80	27.20B	1.43B
Q3 FY2014	30 Sept 2014	19.35	15.24	25.63B	1.32B
Q2 FY2014	30 Jun 2014	21.12	16.38	26.89B	1.27B
Q1 FY2014	31 Mar 2014	21.12	16.04	25.60B	1.21B
Q4 FY2013	31 Dec 2013	22.36	16.74	25.67B	1.15B
Q3 FY2013	30 Sept 2013	20.97	15.09	22.96B	1.10B
Q2 FY2013	30 Jun 2013	19.70	13.25	20.50B	1.04B
Q1 FY2013	31 Mar 2013	18.65	12.86	19.45B	1.04B
Q4 FY2012	31 Dec 2012	17.50	11.81	17.85B	1.02B
Q3 FY2012	30 Sept 2012	17.66	11.41	17.53B	993.00M
Q2 FY2012	30 Jun 2012	15.69	10.48	15.55B	991.00M
Q1 FY2012	31 Mar 2012	16.15	11.31	16.22B	1.00B
Q4 FY2011	31 Dec 2011	15.32	11.10	15.47B	1.01B
Q3 FY2011	30 Sept 2011	14.51	10.51	14.09B	971.00M
Q2 FY2011	30 Jun 2011	19.14	13.60	17.41B	910.00M
Q1 FY2011	31 Mar 2011	22.59	14.92	18.09B	801.00M
Q4 FY2010	31 Dec 2010	21.48	13.82	15.72B	732.00M
Q3 FY2010	30 Sept 2010	15.28	12.05	10.83B	709.00M
Q2 FY2010	30 Jun 2010	14.84	11.75	10.33B	696.00M
Q1 FY2010	31 Mar 2010	17.00	13.89	11.78B	693.00M
Q4 FY2009	31 Dec 2009	13.36	12.82	10.58B	792.00M
Q3 FY2009	30 Sept 2009	20.47	13.54	11.63B	568.00M
Q2 FY2009	30 Jun 2009	19.32	12.54	10.65B	551.00M
Q1 FY2009	31 Mar 2009	7.59	13.45	11.61B	1.53B
Q4 FY2008	31 Dec 2008	8.88	14.98	12.99B	1.46B
Q3 FY2008	30 Sept 2008	7.30	15.42	12.23B	1.68B
Q2 FY2008	30 Jun 2008	7.55	16.51	13.30B	1.76B
Q1 FY2008	31 Mar 2008	14.43	15.17	12.54B	869.00M
Q4 FY2007	31 Dec 2007	16.78	18.92	14.50B	864.00M
Q3 FY2007	30 Sept 2007	16.08	18.13	13.41B	834.00M
Q2 FY2007	30 Jun 2007	17.14	17.58	12.61B	736.00M
Q1 FY2007	31 Mar 2007	16.42	15.97	11.31B	689.00M
Q4 FY2006	31 Dec 2006	15.73	15.17	10.60B	674.00M
Q3 FY2006	30 Sept 2006	23.95	14.46	11.52B	481.00M
Q2 FY2006	30 Jun 2006	22.42	14.78	11.14B	497.00M
Q1 FY2006	31 Mar 2006	27.22	17.53	13.47B	495.00M
Q4 FY2005	31 Dec 2005	23.48	15.12	11.67B	497.00M
Q3 FY2005	30 Sept 2005	18.31	14.61	10.49B	573.00M
Q2 FY2005	30 Jun 2005	14.12	12.45	8.11B	574.00M
Q1 FY2005	31 Mar 2005	13.21	12.48	7.33B	555.00M
Q4 FY2004	31 Dec 2004	14.03	14.46	7.66B	546.00M
Q3 FY2004	30 Sept 2004	13.28	16.61	9.15B	689.00M
Q2 FY2004	30 Jun 2004	12.74	15.72	9.12B	716.00M
Q1 FY2004	31 Mar 2004	12.90	14.76	8.90B	690.00M
Q4 FY2003	31 Dec 2003	11.73	12.15	7.63B	651.00M
Q3 FY2003	30 Sept 2003	10.55	10.72	6.60B	626.00M
Q2 FY2003	30 Jun 2003	12.65	12.54	7.64B	604.00M
Q1 FY2003	31 Mar 2003	12.66	10.91	6.51B	514.00M
Q4 FY2002	31 Dec 2002	12.75	10.10	5.94B	466.00M
Q3 FY2002	30 Sept 2002	15.30	10.48	5.68B	371.00M
Q2 FY2002	30 Jun 2002	24.95	14.45	7.86B	315.00M
Q1 FY2002	31 Mar 2002	33.08	16.47	9.53B	288.00M
Q4 FY2001	31 Dec 2001	47.43	16.11	9.63B	203.00M
Q3 FY2001	30 Sept 2001	54.36	21.19	11.41B	210.00M
Q2 FY2001	30 Jun 2001	33.31	19.81	9.23B	277.00M
Q1 FY2001	31 Mar 2001	24.21	22.89	9.13B	377.00M
Q4 FY2000	31 Dec 2000	18.31	25.46	8.81B	481.00M
Q3 FY2000	30 Sept 2000	25.30	24.97	10.22B	404.00M
Q2 FY2000	30 Jun 2000	19.88	17.27	8.01B	403.00M
Q1 FY2000	31 Mar 2000	19.70	15.92	8.37B	425.00M
Q4 FY1999	31 Dec 1999	29.50	17.78	10.38B	352.00M
Q3 FY1999	30 Sept 1999	16.08	13.29	7.69B	478.10M
Q2 FY1999	30 Jun 1999	23.43	18.75	10.88B	464.20M
Q1 FY1999	31 Mar 1999	24.39	19.39	11.04B	452.70M
Q4 FY1998	31 Dec 1998	17.87	17.17	9.67B	541.00M
Q3 FY1998	30 Sept 1998	21.79	20.00	11.22B	514.80M
Q2 FY1998	30 Jun 1998	24.60	21.78	12.10B	491.70M
Q1 FY1998	31 Mar 1998	25.43	20.08	11.10B	436.40M
Q4 FY1997	31 Dec 1997	33.61	18.18	10.04B	298.80M
Q3 FY1997	30 Sept 1997	42.74	17.66	9.02B	211.10M
Q2 FY1997	30 Jun 1997	44.98	18.83	8.72B	193.90M
Q1 FY1997	31 Mar 1997	38.97	16.25	6.82B	175.00M
Q4 FY1996	31 Dec 1996	25.86	18.16	7.00B	270.80M
Q3 FY1996	30 Sept 1996	24.77	—	5.93B	239.40M
Q2 FY1996	30 Jun 1996	22.37	—	5.72B	255.60M
Q1 FY1996	31 Mar 1996	20.00	—	5.78B	289.00M
Q4 FY1995	31 Dec 1995	17.97	—	5.46B	303.70M
Q3 FY1995	30 Sept 1995	11.15	—	4.41B	395.90M
Q2 FY1995	30 Jun 1995	10.55	—	4.03B	382.60M
Q1 FY1995	31 Mar 1995	10.65	—	3.96B	372.10M
Q4 FY1994	31 Dec 1994	9.65	—	3.47B	360.00M
Q3 FY1994	30 Sept 1994	10.75	—	3.78B	351.90M
Q2 FY1994	30 Jun 1994	11.39	—	3.91B	343.00M
Q1 FY1994	31 Mar 1994	9.68	—	3.23B	333.90M
Q4 FY1993	31 Dec 1993	10.06	—	3.26B	323.80M
Q3 FY1993	30 Sept 1993	17.61	—	4.28B	243.30M
Q2 FY1993	30 Jun 1993	17.44	—	4.02B	230.30M
Q1 FY1993	31 Mar 1993	19.42	—	4.26B	219.20M
Q4 FY1992	31 Dec 1992	19.73	—	4.07B	206.20M
Q3 FY1992	30 Sept 1992	12.94	—	3.46B	267.60M
Q2 FY1992	30 Jun 1992	12.01	—	3.19B	265.40M
Q1 FY1992	31 Mar 1992	10.78	—	2.79B	258.70M
Q4 FY1991	31 Dec 1991	10.95	—	2.65B	242.00M
Q3 FY1991	30 Sept 1991	10.00	—	2.37B	236.50M
Q2 FY1991	30 Jun 1991	10.58	—	2.49B	235.30M
Q1 FY1991	31 Mar 1991	10.19	—	2.44B	239.40M
Q4 FY1990	31 Dec 1990	9.47	—	2.26B	239.00M
Q3 FY1990	30 Sept 1990	8.61	—	2.11B	245.10M
Q2 FY1990	30 Jun 1990	10.36	—	2.50B	241.40M
Q1 FY1990	31 Mar 1990	10.59	—	2.52B	237.60M
Q4 FY1989	31 Dec 1989	11.85	—	2.75B	232.40M
Q3 FY1989	30 Sept 1989	10.59	—	2.26B	213.10M
Q2 FY1989	30 Jun 1989	12.04	—	2.36B	196.00M
Q1 FY1989	31 Mar 1989	10.22	—	1.90B	186.00M
Q4 FY1988	31 Dec 1988	9.93	—	1.78B	179.60M
Q3 FY1988	30 Sept 1988	9.37	—	1.73B	184.40M
Q2 FY1988	30 Jun 1988	8.87	—	1.68B	188.90M
Q1 FY1988	31 Mar 1988	8.42	—	1.59B	189.10M
Q4 FY1987	31 Dec 1987	7.88	—	1.46B	185.10M
Q3 FY1987	30 Sept 1987	9.51	—	1.80B	189.50M
Q2 FY1987	30 Jun 1987	8.91	—	1.72B	192.40M
Q1 FY1987	31 Mar 1987	9.68	—	1.83B	188.80M
Q4 FY1986	31 Dec 1986	9.35	—	1.72B	184.20M
Q3 FY1986	30 Sept 1986	10.33	—	1.84B	178.20M
Q2 FY1986	30 Jun 1986	11.92	—	2.05B	172.10M
Q1 FY1986	31 Mar 1986	—	—	2.12B	—
Q4 FY1985	31 Dec 1985	—	—	1.75B	—
Q3 FY1985	30 Sept 1985	—	—	1.36B	—

Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters. A forecast year's P/E is today's price over the analysts' EPS estimate for that year.

Common questions about Aon's P/E ratio

Source: Financial Modeling Prep

Aon
D
Quotes are delayed by 15 minutes

AON

Aon P/E ratioWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.

Is Aon's P/E high compared with its own history?Is the P/E high or low for this stock? Today's P/E against every daily P/E of the stock's last 5 years, with the growth analysts expect: whether the stock is expensive or cheap compared with itself, and whether its growth explains it.

The price against its P/E range

Growth a year: the past against what analysts expect

What changed in 5 years

P/E ratio by year and by quarter

Common questions about Aon's P/E ratio

What is Aon's P/E ratio?

Is Aon's P/E ratio high or low?

What is Aon's forward P/E?

What is Aon's PEG ratio?

Need help?

Aon DQuotes are delayed by 15 minutes

AON

Aon P/E ratioWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.

Is Aon's P/E high compared with its own history?Is the P/E high or low for this stock? Today's P/E against every daily P/E of the stock's last 5 years, with the growth analysts expect: whether the stock is expensive or cheap compared with itself, and whether its growth explains it.

P/E ratio by year and by quarter

Common questions about Aon's P/E ratio

What is Aon's P/E ratio?

Is Aon's P/E ratio high or low?

What is Aon's forward P/E?

What is Aon's PEG ratio?

Need help?

Aon
D
Quotes are delayed by 15 minutes