Aon Selling And Marketing Expenses vs Other Operating Expenses Analysis

AON Stock  USD 386.21  3.59  0.94%   
Aon PLC financial indicator trend analysis is way more than just evaluating Aon PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aon PLC is a good investment. Please check the relationship between Aon PLC Selling And Marketing Expenses and its Other Operating Expenses accounts. 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.

Selling And Marketing Expenses vs Other Operating Expenses

Selling And Marketing Expenses vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aon PLC Selling And Marketing Expenses account and Other Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Aon PLC's Selling And Marketing Expenses and Other Operating Expenses is -0.09. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Aon PLC, assuming nothing else is changed. The correlation between historical values of Aon PLC's Selling And Marketing Expenses and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Aon PLC are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Selling And Marketing Expenses i.e., Aon PLC's Selling And Marketing Expenses and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling And Marketing Expenses

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.
Most indicators from Aon PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Enterprise Value Over EBITDA is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value Multiple is likely to grow to 17.24, while Selling General Administrative is likely to drop about 1.7 B.
 2021 2022 2023 2024 (projected)
Gross Profit5.5B6.0B6.5B6.2B
Total Revenue12.2B12.5B13.4B8.4B

Aon PLC fundamental ratios Correlations

0.590.160.590.0-0.360.10.750.660.920.940.650.92-0.930.88-0.920.30.390.80.470.140.020.140.910.94-0.18
0.59-0.651.0-0.740.07-0.420.960.840.780.790.840.39-0.410.72-0.580.760.850.740.88-0.610.180.550.590.39-0.36
0.16-0.65-0.660.97-0.40.79-0.45-0.38-0.21-0.17-0.420.44-0.370.02-0.21-0.68-0.61-0.33-0.630.95-0.15-0.620.210.410.29
0.591.0-0.66-0.750.06-0.420.960.830.770.790.840.38-0.40.72-0.570.770.850.740.89-0.610.170.520.570.38-0.35
0.0-0.740.97-0.75-0.390.8-0.56-0.56-0.34-0.31-0.510.28-0.21-0.1-0.04-0.65-0.66-0.43-0.710.95-0.16-0.690.040.250.48
-0.360.07-0.40.06-0.39-0.53-0.050.09-0.19-0.250.13-0.40.38-0.360.320.120.06-0.180.04-0.530.080.41-0.3-0.39-0.32
0.1-0.420.79-0.420.8-0.53-0.26-0.32-0.27-0.14-0.290.4-0.260.23-0.21-0.36-0.26-0.32-0.350.86-0.17-0.760.20.30.4
0.750.96-0.450.96-0.56-0.05-0.260.870.860.880.850.6-0.620.85-0.760.660.790.770.79-0.420.160.480.760.6-0.33
0.660.84-0.380.83-0.560.09-0.320.870.750.770.650.56-0.610.68-0.740.390.60.610.68-0.410.010.50.740.58-0.7
0.920.78-0.210.77-0.34-0.19-0.270.860.750.980.760.7-0.760.79-0.780.510.540.930.65-0.210.070.390.780.76-0.29
0.940.79-0.170.79-0.31-0.25-0.140.880.770.980.780.76-0.780.87-0.830.530.60.930.7-0.160.050.310.820.79-0.28
0.650.84-0.420.84-0.510.13-0.290.850.650.760.780.47-0.450.75-0.580.650.80.770.75-0.480.460.520.590.45-0.27
0.920.390.440.380.28-0.40.40.60.560.70.760.47-0.970.86-0.960.040.230.510.260.420.01-0.080.960.99-0.12
-0.93-0.41-0.37-0.4-0.210.38-0.26-0.62-0.61-0.76-0.78-0.45-0.97-0.810.970.0-0.18-0.54-0.25-0.35-0.020.02-0.96-0.990.2
0.880.720.020.72-0.1-0.360.230.850.680.790.870.750.86-0.81-0.90.450.640.690.590.040.150.120.90.82-0.11
-0.92-0.58-0.21-0.57-0.040.32-0.21-0.76-0.74-0.78-0.83-0.58-0.960.97-0.9-0.14-0.37-0.57-0.39-0.18-0.09-0.12-1.0-0.950.27
0.30.76-0.680.77-0.650.12-0.360.660.390.510.530.650.040.00.45-0.140.730.660.76-0.58-0.120.360.160.030.12
0.390.85-0.610.85-0.660.06-0.260.790.60.540.60.80.23-0.180.64-0.370.730.60.81-0.570.280.470.370.18-0.23
0.80.74-0.330.74-0.43-0.18-0.320.770.610.930.930.770.51-0.540.69-0.570.660.60.71-0.310.030.390.560.56-0.21
0.470.88-0.630.89-0.710.04-0.350.790.680.650.70.750.26-0.250.59-0.390.760.810.71-0.570.120.360.410.24-0.3
0.14-0.610.95-0.610.95-0.530.86-0.42-0.41-0.21-0.16-0.480.42-0.350.04-0.18-0.58-0.57-0.31-0.57-0.28-0.780.170.390.4
0.020.18-0.150.17-0.160.08-0.170.160.010.070.050.460.01-0.020.15-0.09-0.120.280.030.12-0.280.360.09-0.03-0.11
0.140.55-0.620.52-0.690.41-0.760.480.50.390.310.52-0.080.020.12-0.120.360.470.390.36-0.780.360.13-0.02-0.44
0.910.590.210.570.04-0.30.20.760.740.780.820.590.96-0.960.9-1.00.160.370.560.410.170.090.130.95-0.27
0.940.390.410.380.25-0.390.30.60.580.760.790.450.99-0.990.82-0.950.030.180.560.240.39-0.03-0.020.95-0.15
-0.18-0.360.29-0.350.48-0.320.4-0.33-0.7-0.29-0.28-0.27-0.120.2-0.110.270.12-0.23-0.21-0.30.4-0.11-0.44-0.27-0.15
Click cells to compare fundamentals

Aon PLC Account Relationship Matchups

Aon PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.4B32.1B31.9B32.7B34.0B24.3B
Short Long Term Debt Total8.3B8.6B10.2B11.5B12.0B12.6B
Total Stockholder Equity3.4B3.5B1.1B(529M)(826M)(784.7M)
Net Debt7.5B7.7B9.6B10.8B11.3B11.8B
Retained Earnings1.3B1.0B(1.7B)(2.8B)(3.4B)(3.2B)
Other Assets2.3B3.5B2.7B2.0B1.8B2.4B
Common Stock Shares Outstanding240.6M233.1M226.1M213.2M205M293.2M
Liabilities And Stockholders Equity29.4B32.1B31.9B32.7B34.0B24.3B
Non Current Liabilities Total10.4B11.1B11.7B12.8B13.1B13.7B
Other Stockholder Equity4.9B6.3B6.6B6.9B6.9B7.3B
Total Liab26.0B28.5B30.8B33.1B34.7B20.1B
Total Current Liabilities15.6B17.4B19.1B20.3B21.7B14.8B
Property Plant And Equipment Net1.6B1.5B1.3B1.3B1.3B1.4B
Non Current Assets Total12.9B13.4B12.9B12.0B12.3B11.8B
Cash And Short Term Investments928M1.2B836M1.1B1.1B2.3B
Net Receivables3.1B3.1B3.1B3.0B3.3B3.6B
Short Term Investments138M308M292M452M369M350.6M
Property Plant And Equipment Gross1.7B1.6B1.3B1.3B2.8B3.0B
Total Current Assets16.5B18.7B19.0B20.7B21.7B15.0B
Short Term Debt712M682M1.4B1.1B1.4B1.5B
Intangible Assets783M640M492M447M234M222.3M
Accumulated Other Comprehensive Income(4.0B)(3.9B)(3.9B)(4.6B)(4.4B)(4.2B)
Accounts Payable13.8B2.0B2.2B2.1B2.3B4.0B
Cash790M884M544M690M778M613.8M
Non Currrent Assets Other1.7B1.8B1.8B1.1B1.1B1.6B
Good Will8.2B8.7B8.4B8.3B8.4B6.8B
Other Current Liab816M14.7B15.4B16.9B17.7B13.7B
Other Liab2.7B2.9B2.7B2.3B2.1B2.5B
Long Term Debt6.6B7.3B8.2B9.8B10.0B10.5B
Property Plant Equipment621M599M1.3B1.3B1.4B797.3M
Current Deferred Revenue251M270M296M321M250M312.3M
Inventory11.8B13.8B14.4B15.9B18.3B9.9B
Net Tangible Assets(5.6B)(5.2B)(7.9B)(8.8B)(7.9B)(8.3B)
Noncontrolling Interest In Consolidated Entity74M88M97M100M115M71.3M
Retained Earnings Total Equity1.3B1.0B(1.7B)(2.8B)(2.5B)(2.4B)
Long Term Debt Total6.6B7.3B8.2B9.8B11.3B6.1B

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

  0.85EHTH eHealthPairCorr
  0.87BRO Brown Brown Sell-off TrendPairCorr

Moving against Aon Stock

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  0.8RELI Reliance Global GroupPairCorr
  0.61ZBAO Zhibao Technology ClassPairCorr
  0.32SLQT SelectquotePairCorr
  0.31TIRX Tian Ruixiang HoldingsPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Aon PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aon PLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aon Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aon Plc Stock:
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.