AONAon plc

$70B

Q4 2023 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$3.4B+7.8% YoY

Gross Profit

$1.7B50.5% margin

Operating Income

$779M23.1% margin

Net Income

$498M14.8% margin

EPS (Diluted)

$2.47

QoQ Revenue Growth

+14.3%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$1.2B

Stock-Based Comp.

$117M

Balance Sheet

Total Assets

$34.0B

Total Liabilities

$34.7B

Stockholders' Equity

-$826M

Cash & Equivalents

$778M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$3.1B	+7.8%
Gross Profit	$1.7B	$1.6B	+7.1%
Operating Income	$779M	$1.0B	-23.0%
Net Income	$498M	$657M	-24.2%

Revenue Segments

Commercial Risk Solutions

$1.9B56%

Health

$763M23%

Wealth Solutions

$377M11%

Reinsurance

$332M10%

Geographic Segments

UNITED STATES

$1.6B47%

Europe, Middle East, And Africa

$579M17%

Asia Pacific

$431M13%

Americas, Other than United States

$370M11%

UNITED KINGDOM

$363M11%

IRELAND

$31M1%

AON Q4 2023 Earnings — Aon plc Revenue & Financial Results | Market Cap Arena