Citable filing context
AON's research view summarizes recent SEC filing context, starting with management_change from Aug 17, 2026.
| Filed | Item | Context |
|---|---|---|
| Aug 17, 2026 | management_change | CFO Edmund Reese is transitioning to senior advisor, with Nadin Virani appointed as interim CFO effective August 17, 2026. |
| Jul 29, 2026 | earnings | Aon reported second-quarter 2026 results with $4.2 billion in revenue and 5% organic revenue growth. |
| Jul 1, 2026 | share_repurchase | Aon's Board of Directors approved a $7.5 billion increase to the company's share repurchase program. |
| Jul 29, 2026 | Guidance: adjusted_eps_growth | not reported to not reported |
| Jul 29, 2026 | Guidance: adjusted_operating_margin_expansion | 70.00 to 80.00 |
| Jul 29, 2026 | Guidance: free_cash_flow_growth | not reported to not reported |
| Jul 29, 2026 | mda_quarterly | Aon reported second-quarter 2026 revenue of $4.2 billion, a 2% increase driven by 5% organic revenue growth, partially offset by a 4% decline from divestitures, primarily the NFP Wealth business and Stroz Friedberg. Risk Capital revenue rose 5% to $3.0 billion, supported by strong performance in Commercial Risk Solutions—specifically U.S. core property and casualty and construction—and Reinsurance Solutions. Conversely, Human Capital revenue fell 4% to $1.2 billion, largely due to the NFP Wealth divestiture, despite 5% organic growth in Health Solutions. Operating margin expanded to 21.5% from 20.7%, bolstered by $25 million in net restructuring savings from the "Accelerating Aon United" program. Adjusted operating margin reached 28.9%. While net income decreased 5% to $551 million due to non-recurring prior-year gains, adjusted diluted earnings per share rose to $3.81 from $3.49. The company maintains a robust liquidity position, supported by $986 million in operating cash flow for the first half of 2026 and $7.7 billion remaining under its share repurchase authorization. Management continues to navigate the implementation of the OECD’s Pillar Two global minimum tax, noting ongoing uncertainty regarding its long-term impact on the effective tax rate. |
| May 1, 2026 | mda_quarterly | Aon reported strong first-quarter 2026 results, with total revenue increasing 6% to $5.03 billion, driven by 5% organic growth from net new business and high retention. Risk Capital revenue rose 10%, led by an 11% increase in Commercial Risk Solutions—bolstered by North American M&A services and U.S. P&C—and 8% growth in Reinsurance Solutions via treaty and facultative placements. Human Capital revenue declined slightly as the 19% drop in Wealth Solutions following the NFP Wealth divestiture offset 9% growth in Health Solutions. Operating margins expanded to 34.1%, supported by $25 million in net restructuring savings from the Accelerating Aon United program, which targets $450 million in annualized savings by 2027. Net income increased 26% to $1.24 billion, with diluted EPS rising to $5.63. Free cash flow grew 332% to $363 million, driven by strong adjusted operating income and lower cash taxes. While divestitures of NFP Wealth and Stroz Friedberg created a 3% revenue headwind, favorable currency translation provided a 4% tailwind. Key risks include global currency volatility and the implementation of OECD Pillar Two tax legislation. |
Source: SEC EDGAR filing text and events; period Aug 17, 2026; filed Aug 17, 2026.
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