Aon said total revenue for Q4 2024 was $4,147 million, an increase of 23% compared to $3,375 million in the prior year period. The company said the increase reflected acquired revenues from NFP and 6% Organic revenue growth, partially offset by a 1% unfavorable impact from foreign currency translation.

1. 01

   Aon said total revenue for Q4 2024 was $4,147 million, an increase of 23% compared to $3,375 million in the prior year period. The company said the increase reflected acquired revenues from NFP and 6% Organic revenue growth, partially offset by a 1% unfavorable impact from foreign currency translation.

2. 02

   Aon said operating income for Q4 2024 was $1,091 million with an operating margin of 26.3%, an increase compared to $779 million with an operating margin of 23.1% in the prior year period. Adjusted operating income was $1,380 million and adjusted operating margin was 33.3%, down 50 basis points from 33.8% in the prior year period.

3. 03

   Aon said cash provided by operations for 2024 was $3,035 million, a decrease of 12% compared to $3,435 million in the prior year, and free cash flow was $2,817 million, a decrease of 11%. The company cited higher cash taxes and payments related to restructuring, legal settlement expenses, and transaction and integration costs as factors in the decrease in operating cash flow.

4. 04

   Aon said it repurchased approximately 3.1 million class A ordinary shares during 2024 at an average price of $325.56 per share for approximately $1.0 billion. As of December 31, 2024, the company had approximately $2.3 billion of remaining authorization under its share repurchase program.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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