AON Q1 2023 Earnings — Aon plc Revenue & Financial Results | Market Cap Arena

AONAon plc

$70B

Q1 2023 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$3.9B+5.5% YoY

Gross Profit

$2.1B53.7% margin

Operating Income

$1.5B38.1% margin

Net Income

$1.1B27.1% margin

EPS (Diluted)

$5.07

QoQ Revenue Growth

+23.7%

Cash Flow

Operating Cash Flow

$443M

Free Cash Flow

$367M

Stock-Based Comp.

$127M

Balance Sheet

Total Assets

$34.3B

Total Liabilities

$34.2B

Stockholders' Equity

-$70M

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.9B	$3.7B	+5.5%
Gross Profit	$2.1B	$1.9B	+9.2%
Operating Income	$1.5B	$1.4B	+7.8%
Net Income	$1.1B	$1.0B	+2.6%

Revenue Segments

Commercial Risk Solutions

$1.8B46%

Reinsurance

$1.1B28%

Health

$671M17%

Wealth Solutions

$350M9%

Geographic Segments

UNITED STATES

$1.5B39%

Europe, Middle East, And Africa

$1.1B28%

UNITED KINGDOM

$554M14%

Asia Pacific

$389M10%

Americas, Other than United States

$301M8%

IRELAND

$30M1%