Aon Q2 2025: Revenue $4.16B (+11%), Adj. EPS $3.49 (+19%), Free Cash Flow $732M (+59%)

Aon plc

2025-Q2 EPS reported $7.10 revenue$8,884,000,000

Revenue $4.16B (+11% YoY); organic growth 6%; Risk Capital +8%, Human Capital +15%
Adjusted operating income $1.17B (+14%); margin 28.2% (+80bps); diluted EPS $2.66 (+8%); adj. EPS $3.49 (+19%)
Free cash flow $732M (+59%); operating cash flow $796M (+55%); repurchased $250M in shares
Commercial Risk Solutions +6% organic; Reinsurance Solutions +6%; Health +6%; Wealth +3%
Reaffirmed full-year 2025 guidance; adjusted ETR 16.5% vs 22.2% year ago

item 2.02item 9.01

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