Aon reports 10% total revenue growth in 2021

Aon London HQ

Aon Chief Executive Officer Greg Case commented:

"In the fourth quarter, our colleagues delivered 10% organic revenue growth, an outstanding finish to a very strong year, contributing to full year organic revenue growth of 9%, margin expansion of 160 basis points, and EPS growth of 22%." He added, "These results are a direct outcome of our Aon United strategy. We’re accelerating innovation, with a focus on developing and scaling proven solutions to serve new and existing clients. This gives us confidence in our ability to build even greater momentum in 2022."

Full year 2021 key metrics and highlights

  • Total revenue increased 10% to $12.2 billion, including organic revenue growth of 9%
  • Operating margin decreased 800 basis points to 17.1%, and operating margin, adjusted for certain items, increased 160 basis points to 30.1%
  • EPS decreased 34% to $5.55, and EPS, adjusted for certain items, increased 22% to $12.00
  • Cash flows from operations decreased 22% to $2,182 million and free cash flow decreased 23% to $2,045 million, primarily driven by the $1 billion termination fee payment and additional payments related to terminating the combination with WTW
  • Repurchased 12.4 million Class A Ordinary Shares for approximately $3.5 billion

See the full official Aon plc press release HERE  

CLICK HERE TO SIGN UP FOR OUR
FREE BI-WEEKLY NEWSLETTER