Aon plc income statement & cash flow
In the fiscal year ended Dec 31, 2025, Aon plc reported net income of $3.69B on revenue of $17.18B. Operating cash flow was $3.48B and capital expenditures were $263.00M, leaving $3.22B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.41B | $10.00B | $10.77B | $11.01B | $11.07B | $12.19B | $12.48B | $13.38B | $15.70B | $17.18B |
| Operating income | $1.81B | $1.06B | $1.54B | $2.17B | $2.78B | $2.09B | $3.67B | $3.79B | $3.83B | $4.34B |
| Net income | $1.43B | $1.26B | $1.17B | $1.53B | $1.97B | $1.25B | $2.59B | $2.56B | $2.65B | $3.69B |
| Diluted EPS | $5.16 | $4.70 | $4.59 | $6.37 | $8.45 | $5.55 | $12.14 | $12.51 | $12.49 | $17.02 |
| Operating cash flow | $2.33B | $734.00M | $1.69B | $1.83B | $2.78B | $2.18B | $3.22B | $3.44B | $3.04B | $3.48B |
| Capital expenditures | $156.00M | $183.00M | $240.00M | $225.00M | $141.00M | $137.00M | $196.00M | $252.00M | $218.00M | $263.00M |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | 25.3% | 21.5% |
| Dec 2024 | — | 24.4% | 16.9% |
| Dec 2023 | — | 28.3% | 19.2% |
| Dec 2022 | — | 29.4% | 20.7% |
| Dec 2021 | — | 17.1% | 10.3% |
Source: SEC EDGAR XBRL company facts for CIK 315293 (raw data). Most recent filing in this dataset: 10-Q filed Oct 28, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.