AON vs ERIE
Aon PLC and Erie Indemnity Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AON | ERIE |
|---|---|---|
| Revenue | $17.2B | $4.1B |
| Net income | $3.7B | $559.3M |
| Gross margin | · | · |
| Net margin | 21.8% | 13.8% |
| Return on equity | 47.8% | 26.2% |
| Diluted EPS | $17.02 | · |
| Dividend / share | $2.91 | · |
| Payout ratio | 17.0% | 45.5% |
| Free cash flow | $3.2B | $571.0M |
| Equity | $9.4B | $2.3B |
| Net debt / equity | 1.50× | · |
| Current ratio | 1.11× | 1.27× |
| Revenue CAGR 5y | 9.2% | 9.9% |
| Profit CAGR 5y | 13.4% | 13.8% |
AON bills 4.2× the revenue of ERIE, and keeps more of each dollar of revenue as profit (21.8% against 13.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AON | ERIE |
|---|---|---|
| FY2025 | $17.2B | $4.1B |
| FY2024 | $15.7B | $3.8B |
| FY2023 | $13.4B | $3.3B |
| FY2022 | $12.5B | $2.8B |
| FY2021 | $12.2B | $2.6B |
| FY2020 | $11.1B | $2.5B |
| FY2019 | $11.0B | $2.5B |
| FY2018 | $10.8B | $2.4B |
| FY2017 | $10.0B | $1.7B |
| FY2016 | $9.4B | $1.6B |
Bottom line
| Fiscal year | AON | ERIE |
|---|---|---|
| FY2025 | $3.7B | $559.3M |
| FY2024 | $2.7B | $600.3M |
| FY2023 | $2.6B | $446.1M |
| FY2022 | $2.6B | $298.6M |
| FY2021 | $1.3B | $297.9M |
| FY2020 | $2.0B | $293.3M |
| FY2019 | $1.5B | $316.8M |
| FY2018 | $1.2B | $288.2M |
| FY2017 | $1.3B | $197.0M |
| FY2016 | $1.4B | $210.4M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$13,113,742,000 | AON |
| FY2024 | +$11,902,885,000 | AON |
| FY2023 | +$10,107,060,000 | AON |
| FY2022 | +$9,638,876,000 | AON |
| FY2021 | +$9,559,023,000 | AON |
| FY2020 | +$8,529,511,000 | AON |
| FY2019 | +$8,535,702,000 | AON |
| FY2018 | +$8,387,788,000 | AON |
| FY2017 | +$8,306,226,000 | AON |
| FY2016 | +$7,812,369,000 | AON |
| FY2015 | +$7,974,492,000 | AON |
| FY2014 | +$10,637,881,000 | AON |
| FY2013 | +$10,517,669,000 | AON |
| FY2012 | +$6,002,000,000 | AON |
| FY2011 | +$6,463,000,000 | AON |
| FY2010 | +$3,622,000,000 | AON |
| FY2009 | +$3,340,000,000 | AON |
| FY2008 | +$4,877,000,000 | AON |
AON has reported the higher revenue in every one of these 18 fiscal years. The gap has widened since the earliest year compared.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +8.1 pp | AON |
| FY2024 | +1.5 pp | AON |
| FY2023 | +6.0 pp | AON |
| FY2022 | +10.7 pp | AON |
| FY2021 | −0.6 pp | ERIE |
| FY2020 | +6.7 pp | AON |
| FY2019 | +1.5 pp | AON |
| FY2018 | −1.2 pp | ERIE |
| FY2017 | +1.0 pp | AON |
| FY2016 | +2.0 pp | AON |
| FY2015 | +3.4 pp | AON |
| FY2014 | −28.8 pp | ERIE |
| FY2013 | −71.1 pp | ERIE |
| FY2012 | −2.4 pp | ERIE |
| FY2011 | +3.4 pp | AON |
| FY2010 | −4.9 pp | ERIE |
| FY2009 | −0.1 pp | ERIE |
| FY2008 | +42.9 pp | AON |
The higher net margin has changed hands between AON and ERIE over this period.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ERIE's net margin has been more volatile than AON's over the 18 comparable fiscal years — 19.2 percentage points of standard deviation against 4.4.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between AON and ERIE over these 18 fiscal years — AON led in 11 and ERIE in 7.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AON's return on equity has been more volatile than ERIE's over the 13 comparable fiscal years — 15.8 percentage points of standard deviation against 3.5.
13 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between AON and ERIE over these 13 fiscal years — AON led in 5 and ERIE in 8.
13 of 19 comparable fiscal years — a year missing data on either side is not counted.