Aon plc is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Company profile
Ticker
AON
Exchange
Website
CEO
Gregory C. Case
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AON CORP
SEC CIK
Corporate docs
Subsidiaries
Admiseg S.A. • Aon Affinity Argentina S.A. • Aon Argentina Corredores de Reaseguros S.A. • Aon Risk Services Argentina S.A. • Aon Soluciones S.A. • Asevasa Argentina S.A. • Marinaro Dundas S.A. • SN Re S.A. • Swire Blanch MSTC II S.A. • Swire Blanch MSTC S.A. ...
IRS number
363051915
AON stock data
News
Press releases
Aon: U.S. Employer Health Care Costs Projected to Increase 6.5 Percent Next Year
18 Aug 22
MetricStream and Aon Share Best Practices for Modernizing Enterprise and Cyber Risk Management at AWS Summit, Chicago
17 Aug 22
Aon Collaborates With The University Of California System To Enhance Wildfire Modeling By Leveraging The Latest Climate Science
10 Aug 22
Scottie Scheffler Wins the Aon Risk Reward Challenge and $1 Million Prize
9 Aug 22
Aon appoints James Platt as Chief Digital Officer and Mindy Simon joins the firm as Chief Operating Officer
9 Aug 22
Analyst ratings and price targets
Current price
Average target
$282.33
Low target
$250.00
High target
$301.00
Jefferies
Maintains
$296.00
Goldman Sachs
Initiated
$301.00
Morgan Stanley
Downgraded
$250.00
Calendar
29 Jul 22
19 Aug 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 740M | 740M | 740M | 740M | 740M | 740M |
Cash burn (monthly) | (no burn) | 29.25M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 49.14M | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 690.86M | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 23.6 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
4 Aug 22 | Neller Michael | Class A Ordinary Stock | Sell | Dispose S | Yes | No | 284.4481 | 900 | 256K | 2,636 |
28 Jul 22 | Zeidel Darren | Class A Ordinary Stock | Sell | Dispose S | No | Yes | 290 | 111 | 32.19K | 15,129 |
17 Jun 22 | Byron Spruell | Class A Ordinary Stock | Grant | Acquire A | No | No | 0 | 771 | 0 | 2,343 |
17 Jun 22 | Woo Carolyn Y | Class A Ordinary Stock | Grant | Acquire A | No | No | 0 | 771 | 0 | 27,521 |
17 Jun 22 | Santona Gloria | Class A Ordinary Stock | Grant | Acquire A | No | No | 0 | 771 | 0 | 38,089 |
Institutional ownership, Q2 2022
0.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 8 |
Opened positions | 1 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 105.94M |
Total shares | 373.38K |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Cibc World Markets | 277.33K | $74.79M |
JLB & Associates | 76.22K | $20.56M |
Sofos Investments | 9.72K | $7.83M |
Providence Wealth Advisors | 4.08K | $1.13M |
Cubic Asset Management | 3.84K | $1.04M |
HC Advisors | 1.19K | $321K |
Connors Investor Services | 1K | $270K |
Meeder Asset Management | 14 | $4K |
Financial report summary
?Competition
Aegon N. V. - New York Shares • BGC Partners • Willis Towers Watson Public Limited • BRP • Tian RuixiangRisks
- An overall decline in economic and business activity could have a material adverse effect on the financial condition and results of operations of our business.
- We face significant competitive pressures from traditional and non-traditional competitors that could affect our business.
- If our clients are not satisfied with our services, we may face additional cost, loss of profit opportunities, damage to our reputation, or legal liability.
- Damage to our reputation could have a material adverse effect on our business.
- Revenues from commission arrangements may fluctuate due to many factors, including cyclical or permanent changes in the insurance and reinsurance markets outside of our control.
- The profitability of our operations may not meet our expectations due to unexpected costs, cost overruns, inflation, early contract terminations, unrealized assumptions used in our contract bidding process or the inability to maintain our prices.
- In our investment consulting business, we advise or act on behalf of clients regarding their investments. The results of these investments are uncertain and subject to numerous factors, some of which are within our control and some which are not. Clients that experience losses or lower than expected investment returns may leave us for competitors and/or assert claims against us.
- The anticipated benefits of the redomiciliation from the U.K. to Ireland may not be realized.
- We are exposed to fluctuations in currency exchange rates that could negatively impact our financial results and cash flows.
- Changes in interest rates and deterioration of credit quality could reduce the value of our cash balances and investment portfolios and adversely affect our financial condition or results.
- Our pension obligations and value of our pension assets could adversely affect our shareholders’ equity, net income, cash flow, and liquidity.
- We have debt outstanding that could adversely affect our financial flexibility.
- A decline in the credit ratings of our senior debt and commercial paper may adversely affect our borrowing costs, access to capital, and financial flexibility.
- Our global effective tax rate is subject to a variety of different factors, which could create volatility in that tax rate, expose us to greater than anticipated tax liabilities or cause us to adjust previously recognized tax assets and liabilities.
- Changes in our accounting estimates and assumptions could negatively affect our financial position and results of operations.
- We may be required to record goodwill or other long-lived asset impairment charges, which could result in a significant charge to earnings.
- We are a holding company and, therefore, may not be able to receive dividends or other payments in needed amounts from our subsidiaries.
- We are subject to E&O claims against us as well as other contingencies and legal proceedings, some of which, if determined unfavorably to us, could have a material adverse effect on our financial condition or results of operations.
- Our businesses are subject to extensive governmental regulation, which could reduce our profitability, limit our growth, or subject us to legal and regulatory actions.
- Failure to protect our intellectual property rights, or allegations that we have infringed on the intellectual property rights of others, could harm our reputation, ability to compete effectively, and financial condition.
- Our results of operations have been adversely affected and could be materially adversely affected in the future by the COVID-19 global pandemic.
- The economic and political conditions of the countries and regions in which we operate could have an adverse impact on our business, financial condition, operating results, liquidity, and prospects for growth.
- Our success depends on our ability to retain, attract and develop experienced and qualified personnel, including our senior management team and other personnel.
- Our global operations expose us to various international risks that could adversely affect our business.
- The occurrence of natural or man-made disasters could result in declines in business and increases in claims that could adversely affect our financial condition and results of operations.
- Our inability to successfully recover should we experience a disaster or other business continuity problem could cause material financial loss, loss of human capital, regulatory actions, reputational harm, or legal liability.
- We rely on third parties to perform key functions of our business operations enabling our provision of services to our clients. These third parties may act in ways that could harm our business.
- Our business is exposed to risks associated with the handling of client funds.
- In connection with the implementation of our corporate strategies and initiatives, we face risks associated with, among others, the acquisition or disposition of businesses, the integration and development of acquired businesses, and the entry into new lines of business or products.
- We are subject to various risks and uncertainties in connection with the sale of the Divested Business.
- We rely on complex information technology systems and networks to operate our business. Any significant system or network disruption due to a breach in the security of our information technology systems could have a negative impact on our reputation, operations, sales, and operating results.
- Improper disclosure of confidential, personal, or proprietary data could result in regulatory scrutiny, legal liability, or harm to our reputation.
- Our business performance and growth plans could be negatively affected if we are not able to develop, implement, update, and enhance technology-based solutions to support our business operations or if we are not able to effectively drive value for our clients through innovation and technology-based solutions.
- We are incorporated in Ireland, and Irish law differs from the laws in effect in the U.S. and may afford less protection to holders of our securities.
- As an Irish public limited company, certain capital structure decisions regarding the Company will require the approval of shareholders, which may limit the Company’s flexibility to manage its capital structure.
Management Discussion
- Aon plc is a leading global professional services firm providing a broad range of risk, health, and wealth solutions. Through our experience, global reach, and comprehensive analytics, we are better able to help clients meet rapidly changing, increasingly complex, and interconnected challenges. We are committed to accelerating innovation to address unmet and evolving client needs, so that our clients are better informed, better advised, and able to make better decisions to protect and grow their business. Management is focused on strengthening Aon and uniting the firm with one portfolio of capability enabled by data and analytics and one operating model to deliver additional insight, connectivity, and efficiency.
Content analysis
?Positive | ||
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Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
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New words:
admission, chain, deal, dismissed, external, extreme, found, hull, Karl, macroeconomic, marine, principle, sought, supply, volume, voluntarily, weather
Removed:
declared, impacted, managing, outbreak, planning, quantify, region, reoccupy, varying
Financial reports
Current reports
8-K
Departure of Directors or Certain Officers
8 Aug 22
8-K
Aon Reports Second Quarter 2022 Results
29 Jul 22
8-K
Departure of Directors or Certain Officers
23 Jun 22
8-K
Aon Reports First Quarter 2022 Results
29 Apr 22
8-K
Other Events
28 Feb 22
8-K
Other Events
28 Feb 22
8-K
Departure of Directors or Certain Officers
18 Feb 22
8-K
Aon Reports Fourth Quarter and Full Year 2021 Results
3 Feb 22
8-K
Other Events
3 Dec 21
8-K
Other Events
2 Dec 21
Registration and prospectus
8-A12B
Registration of securities on exchange
28 Feb 22
8-A12B
Registration of securities on exchange
28 Feb 22
424B5
Prospectus supplement for primary offering
25 Feb 22
FWP
Free writing prospectus
23 Feb 22
424B5
Prospectus supplement for primary offering
23 Feb 22
8-A12B
Registration of securities on exchange
2 Dec 21
424B5
Prospectus supplement for primary offering
1 Dec 21
FWP
Free writing prospectus
29 Nov 21
424B5
Prospectus supplement for primary offering
29 Nov 21
8-A12B
Registration of securities on exchange
23 Aug 21
Proxies
DEFA14A
Additional proxy soliciting materials
29 Apr 22
DEFA14A
Additional proxy soliciting materials
15 Apr 21
DEF 14A
Definitive proxy
15 Apr 21
PRE 14A
Preliminary proxy
26 Mar 21
DEFA14A
Additional proxy soliciting materials
11 Aug 20
DEFA14A
Additional proxy soliciting materials
3 Aug 20
DEFA14A
Additional proxy soliciting materials
28 Jul 20
DEFM14A
Proxy related to merger
8 Jul 20
PRER14A
Preliminary revised proxy
12 Jun 20
Other
CERT
Certification of approval for exchange listing
1 Mar 22
CERT
Certification of approval for exchange listing
1 Mar 22
CERT
Certification of approval for exchange listing
3 Dec 21
CERT
Certification of approval for exchange listing
24 Aug 21
CERT
Certification of approval for exchange listing
24 Aug 21
UPLOAD
Letter from SEC
17 Jun 20
CORRESP
Correspondence with SEC
11 Jun 20
UPLOAD
Letter from SEC
31 May 20
UPLOAD
Letter from SEC
9 Apr 19
UPLOAD
Letter from SEC
4 Oct 18
Ownership
4
Aon / Michael Neller ownership change
8 Aug 22
4
Aon / Darren Zeidel ownership change
1 Aug 22
4
Aon / LESTER B KNIGHT ownership change
22 Jun 22
4
Aon / Jin-Yong Cai ownership change
22 Jun 22
4
Aon / JEFFREY C CAMPBELL ownership change
22 Jun 22
4
Aon / Fulvio Conti ownership change
22 Jun 22
4
Aon / CHERYL A FRANCIS ownership change
22 Jun 22
4
Aon / J MICHAEL LOSH ownership change
22 Jun 22
4
Aon / RICHARD C NOTEBAERT ownership change
22 Jun 22
4
Aon / GLORIA SANTONA ownership change
22 Jun 22
Patents
Utility
Automatically Labeling Data using Natural Language Processing
11 Aug 22
In an illustrative embodiment, methods and systems for automatically labeling unstructured data include accessing unstructured data representing data entry and analyzing the unstructured data by applying natural language processing to a text component of the unstructured data to obtain a set of term counts of words and/or phrases identified in the text component.
Utility
Systems and Methods for Automatic Candidate Assessments in an Asynchronous Video Setting
2 Jun 22
In an illustrative embodiment, systems and methods for automating recorded candidate assessments include receiving a submission for an available position including a question response recording for each of one or more interview questions.
Design
Display screen with graphical user interface for an interactive timeline
8 Mar 22
Inventors: John Wang, Michael Cummings, Hari Nathan
Utility
Systems, Methods, and Platforms for Automated Quality Management and Identification of Errors, Omissions And/or Deviations In Coordinating Services And/or Payments Responsive to Requests for Coverage Under a Policy
27 Jan 22
In an illustrative embodiment, systems and methods for monitoring insurance claims include identifying, based on predetermined monitoring frequency, insurance claims identified for vulnerability detection processing.
Utility
Systems and methods for automating validation and quantification of interview question responses
4 Jan 22
In an illustrative embodiment, systems and methods for automating candidate video assessments include receiving a submission from a candidate for an available position including baseline response video segments and question response video segments.
Transcripts
2022 Q2
Earnings call transcript
29 Jul 22
2022 Q1
Earnings call transcript
29 Apr 22
2021 Q4
Earnings call transcript
4 Feb 22
2021 Q3
Earnings call transcript
29 Oct 21
2021 Q2
Earnings call transcript
30 Jul 21
2021 Q1
Earnings call transcript
30 Apr 21
2020 Q4
Earnings call transcript
5 Feb 21
2020 Q3
Earnings call transcript
30 Oct 20
2020 Q2
Earnings call transcript
31 Jul 20
2020 Q1
Earnings call transcript
1 May 20
Reddit threads
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10 Aug 22
Changes in habits after a big drawdown
4 Aug 22
A Trader's Number One Job is to Manage Risk
1 Aug 22
Can you buy out stock the total number of stock options at one strike price?
31 Jul 22
Daily Discussion Thread - July 29th, 2022
29 Jul 22
Daily Discussion Thread - July 28th, 2022
28 Jul 22
Daily Discussion Thread - July 27th, 2022
27 Jul 22
Is the number below the bid and ask price the number of contracts you can buy?
26 Jul 22
Weekend Trade Review - $QQQ $AKAM $META
23 Jul 22
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17 Jul 22