Aon plc
AON
Jodie read · what matters now
Revenue increased 6.4% versus the comparable filing period.
The story is only the start. Jodie keeps watching the filing evidence, the companies connected to AON, and whether its market group begins moving.
Latest filing assessment · baseline
The latest filing presents a mixed picture
10-Q filed 2026-05-01 against the comparable filing from 2025-04-25.
What improved
- Revenue increased 6.4% versus the comparable filing period.
- Operating margin improved 3.2 percentage points.
- Net income increased 25.6% versus the comparable filing period.
What weakened
- Operating cash flow covered only 0.35x net income.
Filing receipts
“The increase was due to gains related to the sale of businesses and a decrease in non-cash pension expense.”
“Operating expenses increased $51 million, or 2%, compared to the prior-year period, due primarily to the increase in expense associated with 5% organic revenue growth and investments in long-term growth, as well as the unfavorable impact of foreign currency translation, partially offset by lower expenses associated with the sale of the NFP Wealth business and $25 million of net restructuring savings. ◦ Risk Capital operating expenses increased $126 million, or 6%, compared to the prior-year period; and ◦ Human Capital operating expenses decreased $46 million, or 4%, compared to the prior-year period.”
“The increase in adjusted operating margin reflects organic revenue growth, net restructuring savings and tailwinds from currency movements, partially offset by increased expenses associated with 5% organic revenue growth and lower fiduciary investment income. ◦ Risk Capital adjusted operating margin increased to 42.0% in the first quarter of 2026 compared to 41.3% in the prior-year period. ◦ Human Capital adjusted operating margin decreased to 34.4% in the first quarter of 2026 compared to 35.3% in the prior-year period.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Who this business touches
The relationships behind AON
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
Filing peers
Companies whose filings use similar operating language.
You can see the shape of the network here. Pro opens the original filing receipts, and alerts when connected names begin moving. See Pro →
What is moving around it
Live connections
AON is currently a Participant in the organic co-movement group Insurance Brokers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Theme membership history
No durable theme membership has been observed for this name yet.