Aon Historical Income Statement
AON Stock | USD 386.21 3.59 0.94% |
Historical analysis of Aon PLC income statement accounts such as Total Revenue of 8.4 B, Gross Profit of 6.2 B or Other Operating Expenses of 17.3 B can show how well Aon PLC performed in making a profits. Evaluating Aon PLC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Aon PLC's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Aon PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Aon PLC is a good buy for the upcoming year.
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About Aon Income Statement Analysis
Aon PLC Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Aon PLC shareholders. The income statement also shows Aon investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Aon PLC Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Aon PLC generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Aon PLC. It is also known as Aon PLC overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Aon PLC operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Aon PLC is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Aon PLC income statement and is an important metric when analyzing Aon PLC profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most accounts from Aon PLC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Aon PLC current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aon PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Aon Stock, please use our How to Invest in Aon PLC guide.At this time, Aon PLC's Net Income is very stable compared to the past year. As of the 25th of November 2024, Cost Of Revenue is likely to grow to about 6.9 B, while Total Revenue is likely to drop about 8.4 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.5B | 6.0B | 6.5B | 6.2B | Total Revenue | 12.2B | 12.5B | 13.4B | 8.4B |
Aon PLC income statement Correlations
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Aon PLC Account Relationship Matchups
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High Negative Relationship
Aon PLC income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 307M | 334M | 322M | 406M | 484M | 508.2M | |
Total Revenue | 11.0B | 11.1B | 12.2B | 12.5B | 13.4B | 8.4B | |
Gross Profit | 5.0B | 5.2B | 5.5B | 6.0B | 6.5B | 6.2B | |
Other Operating Expenses | 8.8B | 8.3B | 10.1B | 8.8B | 16.5B | 17.3B | |
Operating Income | 2.2B | 2.8B | 2.1B | 3.7B | 3.8B | 4.0B | |
Ebit | 2.2B | (5.1B) | (7.7B) | (4.9B) | 3.8B | 4.0B | |
Ebitda | 2.7B | 3.2B | 2.4B | 3.8B | 3.8B | 2.1B | |
Total Operating Expenses | 2.8B | 2.4B | 3.4B | 2.3B | 9.6B | 10.1B | |
Income Before Tax | 1.9B | 2.5B | 1.9B | 3.2B | 3.2B | 3.3B | |
Total Other Income Expense Net | (298M) | (316M) | (159M) | (513M) | (616M) | (646.8M) | |
Net Income | 1.5B | 2.0B | 1.3B | 2.6B | 2.6B | 2.7B | |
Income Tax Expense | 297M | 448M | 623M | 510M | 541M | 285.8M | |
Depreciation And Amortization | 573M | 8.3B | 10.1B | 8.8B | 256M | 243.2M | |
Selling General Administrative | 2.2B | 2.0B | 3.0B | 2.1B | 1.8B | 1.7B | |
Cost Of Revenue | 6.1B | 5.9B | 6.7B | 6.5B | 6.9B | 6.9B | |
Net Income Applicable To Common Shares | 1.5B | 2.0B | 1.3B | 2.6B | 3.0B | 3.1B | |
Minority Interest | 41M | 49M | (53M) | (57M) | (64M) | (60.8M) | |
Extraordinary Items | 483M | (14M) | (1M) | 1M | 900K | 855K | |
Net Income From Continuing Ops | 1.6B | 2.0B | 1.3B | 2.6B | 2.8B | 1.6B | |
Non Operating Income Net Other | 8M | 18M | 163M | (107M) | (96.3M) | (91.5M) | |
Tax Provision | 297M | 448M | 623M | 510M | 482M | 387.4M | |
Interest Income | 8M | 6M | 311M | 388M | 22M | 20.9M | |
Net Interest Income | (299M) | (328M) | (311M) | (388M) | (448M) | (470.4M) | |
Reconciled Depreciation | 564M | 413M | 326M | 264M | 251M | 397.5M |
Pair Trading with Aon PLC
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aon PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aon PLC will appreciate offsetting losses from the drop in the long position's value.Moving together with Aon Stock
Moving against Aon Stock
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The ability to find closely correlated positions to Aon PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aon PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aon PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aon PLC to buy it.
The correlation of Aon PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aon PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aon PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aon PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aon PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Aon Stock, please use our How to Invest in Aon PLC guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Insurance Brokers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aon PLC. If investors know Aon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aon PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.30) | Dividend Share 2.58 | Earnings Share 11.66 | Revenue Per Share 71.993 | Quarterly Revenue Growth 0.26 |
The market value of Aon PLC is measured differently than its book value, which is the value of Aon that is recorded on the company's balance sheet. Investors also form their own opinion of Aon PLC's value that differs from its market value or its book value, called intrinsic value, which is Aon PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aon PLC's market value can be influenced by many factors that don't directly affect Aon PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aon PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aon PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aon PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.