AON vs BRO

Aon (AON) and Brown & Brown (BRO) compared side by side. Aon (AON) is larger, with a market cap of $64.4B versus $24.4B for Brown & Brown, about 2.6 times the size. On trailing earnings, AON is cheaper at 16.7x versus 23.0x for BRO.

Head to head

MetricAONBRO
Market cap$64.4B$24.4B
P/E (TTM)16.7x23.0x
Forward P/E15.0x15.1x
Revenue (TTM)$17.6B$6.7B
Revenue growth2.2%32.4%
Gross margin48.2%56.3%
Operating margin23.5%41.8%
Free cash flow$3.2B$1.4B
Dividend yield1.08%0.90%
1-year return-10.6%-17.0%
5-year return (annual)-0.4%+2.6%
Max drawdown-67%-56%
FI Handbook gradeC+C+

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

$10.0K
$15.0K
20222023202420252026
AONBRO

AON vs BRO FAQ

Which is bigger, AON or BRO?

Aon (AON) is larger, with a market cap of $64.4B versus $24.4B for Brown & Brown, about 2.6 times the size.

Is AON or BRO cheaper?

On trailing earnings, AON is cheaper at 16.7x versus 23.0x for BRO. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, AON or BRO?

AON returned -10.6% over the past year including dividends, versus -17.0% for BRO, through October 23, 2026.

Which pays a higher dividend, AON or BRO?

AON yields 1.08% versus 0.90% for BRO.

Full pages: Aon · Brown & Brown