Aon plc – Reports Fourth Quarter – Full Year 2020 Results

Aon plc – Reports Fourth Quarter – Full Year 2020 Results

Aon Fourth Quarter Key Metrics From Continuing Operations and Highlights

  • Total revenue increased 3% to $3.0 billion, including organic revenue growth of 2%
  • Operating margin increased to 24.0%, and operating margin, adjusted for certain items, decreased 100 basis points to 26.9%
  • EPS increased to $2.27, and EPS, adjusted for certain items, increased 4% to $2.62
  • Repurchased 3.9 million Class A Ordinary Shares for approximately $800 million
  • Announced the authorization of a new $5 billion share repurchase program
  • Announced the expansion of its Apprenticeship program, designed to bridge the gap from education to employment, with an investment of $30 million over the next five years

Aon Full Year Key Metrics From Continuing Operations and Highlights

  • Total revenue was flat at $11.1 billion, including organic revenue growth of 1%
  • Operating margin increased to 25.1%, and operating margin, adjusted for certain items, increased 100 basis points to 28.5%
  • EPS increased to $8.45, and EPS, adjusted for certain items, increased 7% to $9.81
  • Cash flows from operations increased 52% to $2,783 million and free cash flow increased 64% to $2,642 million
  • Repurchased 8.5 million Class A Ordinary Shares for approximately $1.8 billion

(STL.News) Aon plc (NYSE: AON) today reported results for the three and twelve months ended December 31, 2020.

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