AON Q2 2023 Earnings — Aon plc Revenue & Financial Results | Market Cap Arena

AONAon plc

$70B

Q2 2023 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$3.2B+6.5% YoY

Gross Profit

$1.4B44.8% margin

Operating Income

$842M26.5% margin

Net Income

$560M17.6% margin

EPS (Diluted)

$2.71

QoQ Revenue Growth

-17.9%

Cash Flow

Operating Cash Flow

$688M

Free Cash Flow

$619M

Stock-Based Comp.

$99M

Balance Sheet

Total Assets

$36.0B

Total Liabilities

$35.9B

Stockholders' Equity

$65M

Cash & Equivalents

$952M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.2B	$3.0B	+6.5%
Gross Profit	$1.4B	$1.3B	+5.9%
Operating Income	$842M	$700M	+20.3%
Net Income	$560M	$501M	+11.8%

Revenue Segments

Commercial Risk Solutions

$1.8B56%

Reinsurance

$607M19%

Health

$447M14%

Wealth Solutions

$352M11%

Geographic Segments

UNITED STATES

$1.4B45%

Europe, Middle East, And Africa

$512M16%

UNITED KINGDOM

$506M16%

Asia Pacific

$396M12%

Americas, Other than United States

$308M10%

IRELAND

$28M1%