Aon Reports Q3 2026 Growth Driven by Organic Revenue Gains and Margin Expansion
Aon (AON) reported strong third-quarter results for 2026, with total revenue reaching $4.1 billion, a 3% increase driven by 6% organic growth across all solution lines. Adjusted operating income rose 5% to $1.1 billion, while adjusted diluted EPS grew 10% year-over-year to $3.36. The company benefited from margin expansion of 70 basis points, supported by the Aon Business Services platform and restructuring savings from its 'Accelerating Aon United' program. Growth was broad-based, with Commercial Risk Solutions leading at 7% organic growth and Health Solutions seeing a 6% increase. Despite headwinds from lower interest rates impacting fiduciary investment income, management remains focused on the strategic USI acquisition, which is expected to deliver $395 million in total EBITDA run rate synergies. The company continues to prioritize deleveraging toward its target leverage ratio of 2.8x to 3.0x over the next 24 months.
Tickers: $AON
Topics: EPS free cash flow operating margin organic revenue revenue growth