
Aon revenue increases 3% to $4.10 billion in third quarter
Pontos principais
- Aon (NYSE:AON) reported third-quarter 2026 revenue of $4.101 billion, up 3%, while adjusted earnings per share rose 10% to $3.36.
- Operating income fell 1% to $809 million, and operating margin narrowed 70 basis points to 19.7%.
- Aon expects to close its USI acquisition in the fourth quarter of 2026 and plans to reduce leverage to 2.8x–3.0x within approximately 24 months.
Aon (NYSE:AON) reported third-quarter 2026 revenue of $4.101 billion, up 3% year over year, while adjusted earnings per share increased 10% to $3.36.
Organic revenue grew 6%, supported by growth across Commercial Risk, Reinsurance, Health and Wealth, although divestitures reduced reported revenue growth by approximately 3 percentage points.
Operating income fell 1% to $809 million, and the reported operating margin narrowed 70 basis points to 19.7%, while quarterly restructuring expenses increased to $93 million from $32 million.
Aon expects its USI acquisition to close in the fourth quarter of 2026 and plans to prioritize debt repayment, targeting a leverage ratio of 2.8x–3.0x within approximately 24 months.
For the first nine months of 2026, operating cash flow increased 4% to $2.177 billion and free cash flow rose 3% to $1.943 billion, supporting the company’s plans for debt reduction and continued investment.


