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Side-by-side financial comparison of Advanced Flower Capital Inc. (AFCG) and Aon plc (AON). Click either name above to swap in a different company.

Aon plc is the larger business by last-quarter revenue ($4.3B vs $5.2M, roughly 829.1× Advanced Flower Capital Inc.). Aon plc runs the higher net margin — 39.4% vs 17.6%, a 21.7% gap on every dollar of revenue. On growth, Aon plc posted the faster year-over-year revenue change (3.7% vs -32.1%). Over the past eight quarters, Aon plc's revenue compounded faster (2.8% CAGR vs -36.2%).

Cerberus Capital Management, L.P. is an American global alternative investment firm with assets across credit, private equity, and real estate strategies. The firm is based in New York City, and run by Steve Feinberg, who co-founded Cerberus in 1992, with William L. Richter, who serves as a senior managing director. The firm has affiliate and advisory offices in the United States, Europe and Asia.

Aon plc is a British-American professional services firm. The company operates two divisions: Risk Capital, which provides brokerage and consulting services for risk management and insurance and reinsurance, and Human Capital, which provides services for health insurance, retirement plans, pension plans, and talent advisory.

AFCG vs AON — Head-to-Head

Bigger by revenue
AON
AON
829.1× larger
AON
$4.3B
$5.2M
AFCG
Growing faster (revenue YoY)
AON
AON
+35.8% gap
AON
3.7%
-32.1%
AFCG
Higher net margin
AON
AON
21.7% more per $
AON
39.4%
17.6%
AFCG
Faster 2-yr revenue CAGR
AON
AON
Annualised
AON
2.8%
-36.2%
AFCG

Income Statement — Q4 2025 vs Q4 2025

Metric
AFCG
AFCG
AON
AON
Revenue
$5.2M
$4.3B
Net Profit
$914.0K
$1.7B
Gross Margin
Operating Margin
23.2%
28.1%
Net Margin
17.6%
39.4%
Revenue YoY
-32.1%
3.7%
Net Profit YoY
192.2%
136.5%
EPS (diluted)
$0.04
$7.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AFCG
AFCG
AON
AON
Q4 25
$5.2M
$4.3B
Q3 25
$6.5M
$4.0B
Q2 25
$6.2M
$4.2B
Q1 25
$6.6M
$4.7B
Q4 24
$7.6M
$4.1B
Q3 24
$8.9M
$3.7B
Q2 24
$16.4M
$3.8B
Q1 24
$12.7M
$4.1B
Net Profit
AFCG
AFCG
AON
AON
Q4 25
$914.0K
$1.7B
Q3 25
$-12.5M
$458.0M
Q2 25
$-13.2M
$579.0M
Q1 25
$4.1M
$965.0M
Q4 24
$-991.5K
$716.0M
Q3 24
$1.4M
$343.0M
Q2 24
$16.4M
$524.0M
Q1 24
$-54.1K
$1.1B
Operating Margin
AFCG
AFCG
AON
AON
Q4 25
23.2%
28.1%
Q3 25
-204.6%
20.4%
Q2 25
-214.4%
20.7%
Q1 25
62.9%
30.9%
Q4 24
-18.0%
26.3%
Q3 24
18.1%
16.7%
Q2 24
94.4%
17.4%
Q1 24
-11.1%
36.0%
Net Margin
AFCG
AFCG
AON
AON
Q4 25
17.6%
39.4%
Q3 25
-191.3%
11.5%
Q2 25
-212.2%
13.9%
Q1 25
61.2%
20.4%
Q4 24
-13.0%
17.3%
Q3 24
15.6%
9.2%
Q2 24
100.3%
13.9%
Q1 24
-0.4%
26.3%
EPS (diluted)
AFCG
AFCG
AON
AON
Q4 25
$0.04
$7.82
Q3 25
$-0.57
$2.11
Q2 25
$-0.60
$2.66
Q1 25
$0.18
$4.43
Q4 24
$-0.07
$3.11
Q3 24
$0.06
$1.57
Q2 24
$0.80
$2.46
Q1 24
$-0.01
$5.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AFCG
AFCG
AON
AON
Cash + ST InvestmentsLiquidity on hand
$38.6M
$2.8B
Total DebtLower is stronger
$15.2B
Stockholders' EquityBook value
$175.6M
$9.4B
Total Assets
$275.6M
$50.8B
Debt / EquityLower = less leverage
1.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFCG
AFCG
AON
AON
Q4 25
$38.6M
$2.8B
Q3 25
$45.1M
$1.3B
Q2 25
$3.4M
$1.4B
Q1 25
$3.3M
$1.3B
Q4 24
$103.6M
$1.3B
Q3 24
$122.2M
$1.3B
Q2 24
$170.3M
$1.2B
Q1 24
$82.3M
$6.4B
Total Debt
AFCG
AFCG
AON
AON
Q4 25
$15.2B
Q3 25
Q2 25
Q1 25
Q4 24
$17.0B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AFCG
AFCG
AON
AON
Q4 25
$175.6M
$9.4B
Q3 25
$169.3M
$7.9B
Q2 25
$184.7M
$7.8B
Q1 25
$200.8M
$7.0B
Q4 24
$201.4M
$6.1B
Q3 24
$206.1M
$6.2B
Q2 24
$314.3M
$5.9B
Q1 24
$310.6M
$-133.0M
Total Assets
AFCG
AFCG
AON
AON
Q4 25
$275.6M
$50.8B
Q3 25
$288.7M
$51.6B
Q2 25
$290.6M
$54.0B
Q1 25
$321.7M
$50.3B
Q4 24
$402.1M
$49.0B
Q3 24
$366.6M
$49.9B
Q2 24
$458.0M
$51.5B
Q1 24
$476.4M
$40.8B
Debt / Equity
AFCG
AFCG
AON
AON
Q4 25
1.63×
Q3 25
Q2 25
Q1 25
Q4 24
2.78×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AFCG
AFCG
AON
AON
Operating Cash FlowLast quarter
$-560.9K
$1.4B
Free Cash FlowOCF − Capex
$1.3B
FCF MarginFCF / Revenue
30.8%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
-0.61×
0.83×
TTM Free Cash FlowTrailing 4 quarters
$3.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFCG
AFCG
AON
AON
Q4 25
$-560.9K
$1.4B
Q3 25
$6.1M
$1.1B
Q2 25
$1.8M
$796.0M
Q1 25
$3.9M
$140.0M
Q4 24
$2.2M
$1.2B
Q3 24
$2.6M
$1.0B
Q2 24
$10.3M
$513.0M
Q1 24
$6.4M
$309.0M
Free Cash Flow
AFCG
AFCG
AON
AON
Q4 25
$1.3B
Q3 25
$1.1B
Q2 25
$732.0M
Q1 25
$84.0M
Q4 24
$1.1B
Q3 24
$951.0M
Q2 24
$460.0M
Q1 24
$261.0M
FCF Margin
AFCG
AFCG
AON
AON
Q4 25
30.8%
Q3 25
27.0%
Q2 25
17.6%
Q1 25
1.8%
Q4 24
27.6%
Q3 24
25.6%
Q2 24
12.2%
Q1 24
6.4%
Capex Intensity
AFCG
AFCG
AON
AON
Q4 25
1.7%
Q3 25
1.7%
Q2 25
1.5%
Q1 25
1.2%
Q4 24
1.3%
Q3 24
1.7%
Q2 24
1.4%
Q1 24
1.2%
Cash Conversion
AFCG
AFCG
AON
AON
Q4 25
-0.61×
0.83×
Q3 25
2.51×
Q2 25
1.37×
Q1 25
0.96×
0.15×
Q4 24
1.68×
Q3 24
1.91×
2.95×
Q2 24
0.63×
0.98×
Q1 24
0.29×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AFCG
AFCG

Segment breakdown not available.

AON
AON

Commercial Risk Solutions$2.3B54%
Health Solutions$1.1B26%
Wealth Solutions$490.0M11%
Reinsurance Solutions$379.0M9%

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