Aon (AON) balance sheet
NYSE · Financial Services · Insurance - Brokers · 60,000 employees · CEO Gregory C. Case
- Price
- $321.67 +0.01%
- Market cap
- $68.2B
- Enterprise value
- $95B
- Last report
- Q3 '26 filed 2026-10-28
- Next report
- 2027-01-29 EPS est. $4.90
At the end of Q3 '26 Aon (AON) held $15.3B in cash and short-term investments against $28.8B of debt incl. leases. Total assets $65.1B, total liabilities $54.9B, shareholders' equity $10.1B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $778M | $995M | $974M | $1.1B | $1.09B | $964M | $1.01B | $1.1B | $1.2B | $1.18B | $1.06B | $2.02B | |
| Short-term investments | $369M | $5.41B | $182M | $196M | $10.5B | $7.43B | $8.69B | $207M | $1.6B | $238M | $205M | $13.3B | |
| Receivables | $3.29B | $4.05B | $16.1B | $13.7B | $11.1B | $15.4B | $17.4B | $15B | $14.8B | $15.8B | $18.2B | $4.78B | |
| Other current assets | $17.2B | $18B | $8.16B | $8.45B | $581M | $469M | $595M | $210M | $8.02B | $8.82B | $8.5B | $19.8B | |
| Current assets | $21.7B | $28.6B | $25.5B | $23.7B | $23.4B | $24.4B | $27.8B | $26.6B | $25.8B | $26.2B | $28.1B | $39.9B | |
| Property, plant & equipment (net) | $1.31B | $1.24B | $1.38B | $1.4B | $1.35B | $1.37B | $1.4B | $1.37B | $1.38B | $1.39B | $1.51B | $1.55B | |
| Long-term investments | $45M | $80M | $83M | $87M | $90M | $97M | $101M | $163M | $192M | $198M | $191M | $0 | |
| Goodwill | $8.41B | $8.3B | $15.3B | $15.6B | $15.2B | $15.7B | $16B | $15.7B | $15.8B | $15.9B | $15.9B | $15.9B | |
| Intangible assets | $234M | $217M | $6.79B | $6.79B | $6.74B | $6.87B | $6.73B | $5.83B | $5.73B | $5.83B | $5.66B | $5.49B | |
| Deferred tax assets | $1.2B | $1.25B | $1.22B | $1.21B | $654M | $768M | $861M | $855M | $748M | $737M | $770M | $884M | |
| Other non-current assets | $1.05B | $1.05B | $1.16B | $1.14B | $1.46B | $1.1B | $1.07B | $1.15B | $1.17B | $1.19B | $1.22B | $1.43B | |
| Non-current assets | $12.3B | $12.1B | $25.9B | $26.2B | $25.5B | $25.9B | $26.2B | $25.1B | $25B | $25.3B | $25.2B | $25.3B | |
| Total assets | $34B | $40.8B | $51.5B | $49.9B | $49B | $50.3B | $54B | $51.6B | $50.8B | $51.4B | $53.3B | $65.1B | |
| Liabilities | |||||||||||||
| Accounts payable | $2.26B | $1.93B | $2.32B | $2.59B | $2.91B | $2.09B | $2.29B | $2.4B | $2.86B | $2.21B | $2.27B | $2.54B | |
| Short-term debt | $1.2B | $606M | $4M | $0 | $751M | $1.35B | $1.84B | $1.74B | $589M | $1.12B | $2.02B | $1.72B | |
| Taxes payable | $291M | $397M | $337M | $186M | $260M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred revenue | $270M | $360M | $391M | $312M | $280M | $361M | $385M | $361M | $0 | $348M | $353M | $0 | |
| Other current liabilities | $17.4B | $18.4B | $20.2B | $18.8B | $18.6B | $18.9B | $22.2B | $20.3B | $19.8B | $20.2B | $22.2B | $20.9B | |
| Current liabilities | $21.7B | $21.8B | $23.5B | $22.1B | $23B | $23.3B | $27.1B | $25.1B | $23.2B | $24.5B | $27.2B | $25.2B | |
| Long-term debt | $10B | $15.9B | $17.6B | $17.1B | $16.3B | $16.3B | $15.5B | $15.1B | $15.3B | $13.5B | $12.9B | $26.3B | |
| Lease obligations (non-current) | $651M | $616M | $702M | $712M | $685M | $689M | $705M | $651M | $641M | $633M | $730M | $731M | |
| Deferred revenue (non-current) | $33M | $31M | $34M | $32M | $30M | $32M | $34M | $315M | $289M | $0 | $0 | $0 | |
| Deferred tax liabilities | $115M | $129M | $1.18B | $1.09B | $319M | $384M | $363M | $361M | $340M | $350M | $342M | $350M | |
| Other non-current liabilities | $2.26B | $2.27B | $2.27B | $2.31B | $2.24B | $2.31B | $2.29B | $1.95B | $1.44B | $2.39B | $2.39B | $2.35B | |
| Non-current liabilities | $13.1B | $19B | $21.8B | $21.2B | $19.5B | $19.7B | $18.8B | $18.3B | $18B | $16.9B | $16.4B | $29.8B | |
| Total liabilities | $34.7B | $40.8B | $45.3B | $43.3B | $42.5B | $43B | $45.9B | $43.5B | $41.2B | $41.5B | $43.6B | $54.9B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | |
| Retained earnings | -$3.4B | -$2.7B | -$2.57B | -$2.68B | -$2.31B | -$1.74B | -$1.57B | -$1.53B | -$245M | $307M | $82M | $384M | |
| Accumulated other comprehensive income | -$4.37B | -$4.4B | -$4.48B | -$4.12B | -$4.75B | -$4.46B | -$3.84B | -$3.92B | -$3.84B | -$3.93B | -$3.99B | -$3.91B | |
| Shareholders' equity | -$826M | -$133M | $5.86B | $6.24B | $6.12B | $7B | $7.84B | $7.94B | $9.35B | $9.83B | $9.66B | $10.1B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $12B | $17.3B | $18.5B | $18B | $17.9B | $18.5B | $18.2B | $17.6B | $16.5B | $15.5B | $15.9B | $28.8B | |
| Net debt (debt - cash) | $11.3B | $16.3B | $17.5B | $16.9B | $16.8B | $17.5B | $17.2B | $16.5B | $15.3B | $14.3B | $14.8B | $26.8B | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $431M | $756M | $656M | $790M | $884M | $544M | $690M | $778M | $1.09B | $1.2B | |
| Short-term investments | $290M | $529M | $172M | $138M | $308M | $292M | $452M | $369M | $10.5B | $1.6B | |
| Receivables | $2.21B | $2.62B | $2.89B | $3.2B | $3.17B | $3.15B | $3.11B | $3.29B | $11.1B | $14.8B | |
| Other current assets | $10.1B | $9.65B | $10.6B | $12.3B | $14.2B | $14.9B | $16.4B | $17.2B | $581M | $8.02B | |
| Current assets | $13.1B | $13.7B | $14.4B | $16.5B | $18.7B | $19B | $20.7B | $21.7B | $23.4B | $25.8B | |
| Property, plant & equipment (net) | $765M | $564M | $588M | $1.55B | $1.6B | $1.32B | $1.26B | $1.31B | $1.36B | $1.38B | |
| Long-term investments | $119M | $57M | $54M | $53M | $74M | $64M | $60M | $45M | $90M | $192M | |
| Goodwill | $8.75B | $8.36B | $8.17B | $8.17B | $8.67B | $8.43B | $8.29B | $8.41B | $15.2B | $15.8B | |
| Intangible assets | $2.22B | $1.73B | $1.15B | $783M | $640M | $492M | $447M | $234M | $6.74B | $5.73B | |
| Deferred tax assets | $322M | $389M | $561M | $645M | $724M | $778M | $824M | $1.2B | $654M | $748M | |
| Other non-current assets | $3.18B | $1.31B | $1.53B | $1.63B | $1.73B | $1.81B | $1.1B | $1.05B | $1.46B | $1.17B | |
| Non-current assets | $13.5B | $12.4B | $12.1B | $12.9B | $13.4B | $12.9B | $12B | $12.3B | $25.5B | $25B | |
| Total assets | $26.6B | $26.1B | $26.4B | $29.4B | $32.1B | $31.9B | $32.7B | $34B | $49B | $50.8B | |
| Liabilities | |||||||||||
| Accounts payable | $1.6B | $1.96B | $1.94B | $1.94B | $2.02B | $2.19B | $2.11B | $2.26B | $2.91B | $2.86B | |
| Short-term debt | $336M | $299M | $251M | $712M | $448M | $1.16B | $945M | $1.2B | $751M | $589M | |
| Taxes payable | $78M | $139M | $83M | $93M | $80M | $149M | $193M | $291M | $260M | $0 | |
| Deferred revenue | $393M | $311M | $251M | $270M | $296M | $321M | $250M | $270M | $280M | $0 | |
| Other current liabilities | $10.3B | $10B | $10.8B | $12.3B | $14.4B | $15B | $16.6B | $17.4B | $18.6B | $19.8B | |
| Current liabilities | $12.5B | $12.8B | $13.3B | $15.6B | $17.4B | $19.1B | $20.3B | $21.7B | $23B | $23.2B | |
| Long-term debt | $5.87B | $5.67B | $5.99B | $6.63B | $7.28B | $8.23B | $9.83B | $10B | $16.3B | $15.3B | |
| Lease obligations (non-current) | $0 | $153M | $169M | $1.02B | $962M | $818M | $721M | $651M | $685M | $641M | |
| Deferred revenue (non-current) | $140M | $49M | $65M | $62M | $76M | $70M | $37M | $33M | $30M | $289M | |
| Deferred tax liabilities | $101M | $127M | $181M | $199M | $262M | $412M | $99M | $115M | $319M | $340M | |
| Other non-current liabilities | $2.62B | $2.69B | $2.5B | $2.48B | $2.52B | $2.17B | $2.15B | $2.26B | $2.24B | $1.44B | |
| Non-current liabilities | $8.59B | $8.69B | $8.91B | $10.4B | $11.1B | $11.7B | $12.8B | $13.1B | $19.5B | $18B | |
| Total liabilities | $21.1B | $21.4B | $22.2B | $26B | $28.5B | $30.8B | $33.1B | $34.7B | $42.5B | $41.2B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $3M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | |
| Retained earnings | $3.81B | $2.3B | $2.09B | $1.25B | $1.04B | -$1.69B | -$2.77B | -$3.4B | -$2.31B | -$245M | |
| Accumulated other comprehensive income | -$3.91B | -$3.5B | -$3.91B | -$4.03B | -$3.86B | -$3.87B | -$4.62B | -$4.37B | -$4.75B | -$3.84B | |
| Shareholders' equity | $5.48B | $4.58B | $4.15B | $3.38B | $3.5B | $1.06B | -$529M | -$826M | $6.12B | $9.35B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $6.34B | $6.12B | $6.41B | $8.57B | $8.93B | $10.4B | $11.7B | $12B | $17.9B | $16.5B | |
| Net debt (debt - cash) | $5.92B | $5.36B | $5.76B | $7.78B | $8.04B | $9.88B | $11B | $11.3B | $16.8B | $15.3B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01