Aon vs Brown & Brown
AON and BRO side by side, both in insurance agents, brokers, and service. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How AON and BRO compare
Aon is the larger company, worth 3.0 times as much as Brown & Brown ($71.8B against $23.9B).
On earnings, Aon is cheaper: it trades at 18.5× trailing earnings, against 21.5× for Brown & Brown.
Brown & Brown grew revenue faster over the last twelve months (26.1% versus 3.8% for Aon).
Aon keeps more of each dollar of sales as profit, with a net margin of 22.2% compared with 17.6% at Brown & Brown.
Both pay dividends: Aon yields 0.48% and Brown & Brown 0.69%.
Aon scores higher on the StockData Score (19 against 16 for Brown & Brown), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | AON | BRO |
|---|---|---|
| Size and price | ||
| Market cap | $71.8B | $23.9B |
| Share price | $338.31 | $71.93 |
| Change, 1 year | −3.4% | −10.3% |
| Change, 5 years | 14.0% | 11.5% |
| Beta (5Y) | 0.56 | 0.66 |
| Employees | 60K | 23K |
| StockData Score | ||
| Total score | 19 (better) | 16 |
| Valuation score | 4 (better) | 3 |
| Growth score | 3 | 4 (better) |
| Performance score | 6 (better) | 3 |
| Health score | 2 | 2 |
| Dividend score | 4 | 4 |
| Valuation | ||
| P/E | 18.5× (better) | 21.5× |
| P/S | 4.1× | 3.5× (better) |
| P/B | 7.1× | – |
| EV/EBITDA | 18.2× | – |
| P/FCF | 22.0× | 16.0× (better) |
| PEG | 1.55 (better) | 2.14 |
| FCF yield | 4.6% | 6.2% (better) |
| Fair value | $465.08 | – |
| Margin of safety | 27.3% | – |
| Growth | ||
| Revenue growth (TTM) | 3.8% | 26.1% (better) |
| Revenue growth, 5Y average | 9.2% | 17.7% (better) |
| Net income growth (TTM) | 44.7% (better) | 21.9% |
| EPS growth (TTM) | 46.3% (better) | 0.30% |
| EPS growth, 5Y average | 15.0% (better) | 13.3% |
| Profitability | ||
| Operating margin | 26.3% | – |
| Net margin | 22.2% (better) | 17.6% |
| FCF margin | 18.5% | 21.5% (better) |
| Return on equity | 43.6% | – |
| Return on invested capital | 15.7% | – |
| Financial health | ||
| Debt / equity | 2.78 | – |
| Net debt / EBITDA | 2.74 | – |
| Interest coverage | 6.2× | – |
| Current ratio | 1.58 (better) | 1.14 |
| Altman Z-score | 1.57 (better) | 1.50 |
| Piotroski F-score | 5 (better) | 4 |
| Dividends and buybacks | ||
| Dividend yield | 0.48% | 0.69% (better) |
| Payout ratio | 17.1% | 18.5% |
| Years of dividend growth | 14 (better) | 10 |
| Dividend growth, 5Y average | 10.3% | 12.1% (better) |
| Buyback yield | 1.8% | 3.6% (better) |
| Shareholder yield | 2.3% | 4.3% (better) |
| Ownership | ||
| Held by institutions | 90.9% | 88.6% |
| Held by insiders | 0.91% | 12.3% |
| Insider net buying, 12 months | $3.1M (better) | $164K |
| Superinvestors holding | 6 (better) | 2 |
| Short interest, % of float | 1.8% | 5.6% |
Go deeper
- AON stock overview
- AON income statement
- AON valuation and score
- BRO stock overview
- BRO income statement
- BRO valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.