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Side-by-side financial comparison of Aon plc (AON) and Genpact LTD (G), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

Aon plc is the larger business by last-quarter revenue ($4.3B vs $1.3B, roughly 3.3× Genpact LTD). Aon plc runs the higher net margin — 39.4% vs 10.8%, a 28.5% gap on every dollar of revenue. On growth, Genpact LTD posted the faster year-over-year revenue change (5.6% vs 3.7%). Aon plc produced more free cash flow last quarter ($1.3B vs $269.0M). Over the past eight quarters, Genpact LTD's revenue compounded faster (8.0% CAGR vs 2.8%).

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.

Genpact Ltd. is an American information technology services, consulting, and outsourcing company headquartered in New York City, New York. Founded in Gurgaon, India, and legally domiciled in Bermuda, Genpact employs more than 125,000 people and provides services to clients in over 30 countries worldwide. Genpact is listed on the NYSE and generated revenues of US$4.48 billion in 2023.

AON vs G — Head-to-Head

Bigger by revenue
AON
AON
3.3× larger
AON
$4.3B
$1.3B
G
Growing faster (revenue YoY)
G
G
+2.0% gap
G
5.6%
3.7%
AON
Higher net margin
AON
AON
28.5% more per $
AON
39.4%
10.8%
G
More free cash flow
AON
AON
$1.1B more FCF
AON
$1.3B
$269.0M
G
Faster 2-yr revenue CAGR
G
G
Annualised
G
8.0%
2.8%
AON

Income Statement — Q4 2025 vs Q4 2025

Metric
AON
AON
G
G
Revenue
$4.3B
$1.3B
Net Profit
$1.7B
$143.1M
Gross Margin
36.6%
Operating Margin
28.1%
14.8%
Net Margin
39.4%
10.8%
Revenue YoY
3.7%
5.6%
Net Profit YoY
136.5%
0.8%
EPS (diluted)
$7.82
$0.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
AON
AON
G
G
Q4 25
$4.3B
$1.3B
Q3 25
$4.0B
$1.3B
Q2 25
$4.2B
$1.3B
Q1 25
$4.7B
$1.2B
Q4 24
$4.1B
$1.2B
Q3 24
$3.7B
$1.2B
Q2 24
$3.8B
$1.2B
Q1 24
$4.1B
$1.1B
Net Profit
AON
AON
G
G
Q4 25
$1.7B
$143.1M
Q3 25
$458.0M
$145.8M
Q2 25
$579.0M
$132.7M
Q1 25
$965.0M
$130.9M
Q4 24
$716.0M
$141.9M
Q3 24
$343.0M
$132.8M
Q2 24
$524.0M
$122.0M
Q1 24
$1.1B
$116.9M
Gross Margin
AON
AON
G
G
Q4 25
36.6%
Q3 25
36.4%
Q2 25
35.9%
Q1 25
35.3%
Q4 24
35.7%
Q3 24
35.6%
Q2 24
35.4%
Q1 24
35.0%
Operating Margin
AON
AON
G
G
Q4 25
28.1%
14.8%
Q3 25
20.4%
14.8%
Q2 25
20.7%
14.3%
Q1 25
30.9%
15.1%
Q4 24
26.3%
15.2%
Q3 24
16.7%
15.0%
Q2 24
17.4%
14.5%
Q1 24
36.0%
14.1%
Net Margin
AON
AON
G
G
Q4 25
39.4%
10.8%
Q3 25
11.5%
11.3%
Q2 25
13.9%
10.6%
Q1 25
20.4%
10.8%
Q4 24
17.3%
11.4%
Q3 24
9.2%
11.0%
Q2 24
13.9%
10.4%
Q1 24
26.3%
10.3%
EPS (diluted)
AON
AON
G
G
Q4 25
$7.82
$0.82
Q3 25
$2.11
$0.83
Q2 25
$2.66
$0.75
Q1 25
$4.43
$0.73
Q4 24
$3.11
$0.80
Q3 24
$1.57
$0.74
Q2 24
$2.46
$0.67
Q1 24
$5.35
$0.64

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
AON
AON
G
G
Cash + ST InvestmentsLiquidity on hand
$2.8B
$1.2B
Total DebtLower is stronger
$15.2B
$1.5B
Stockholders' EquityBook value
$9.4B
$2.5B
Total Assets
$50.8B
$5.8B
Debt / EquityLower = less leverage
1.63×
0.60×

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
AON
AON
G
G
Q4 25
$2.8B
$1.2B
Q3 25
$1.3B
$740.8M
Q2 25
$1.4B
$663.3M
Q1 25
$1.3B
$561.6M
Q4 24
$1.3B
$671.6M
Q3 24
$1.3B
$1.0B
Q2 24
$1.2B
$914.2M
Q1 24
$6.4B
$478.4M
Total Debt
AON
AON
G
G
Q4 25
$15.2B
$1.5B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$17.0B
$1.2B
Q3 24
$1.6B
Q2 24
$1.6B
Q1 24
$1.2B
Stockholders' Equity
AON
AON
G
G
Q4 25
$9.4B
$2.5B
Q3 25
$7.9B
$2.5B
Q2 25
$7.8B
$2.6B
Q1 25
$7.0B
$2.5B
Q4 24
$6.1B
$2.4B
Q3 24
$6.2B
$2.4B
Q2 24
$5.9B
$2.3B
Q1 24
$-133.0M
$2.3B
Total Assets
AON
AON
G
G
Q4 25
$50.8B
$5.8B
Q3 25
$51.6B
$5.4B
Q2 25
$54.0B
$5.3B
Q1 25
$50.3B
$4.9B
Q4 24
$49.0B
$5.0B
Q3 24
$49.9B
$5.3B
Q2 24
$51.5B
$5.2B
Q1 24
$40.8B
$4.7B
Debt / Equity
AON
AON
G
G
Q4 25
1.63×
0.60×
Q3 25
0.47×
Q2 25
0.47×
Q1 25
0.50×
Q4 24
2.78×
0.51×
Q3 24
0.68×
Q2 24
0.70×
Q1 24
0.54×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
AON
AON
G
G
Operating Cash FlowLast quarter
$1.4B
$286.7M
Free Cash FlowOCF − Capex
$1.3B
$269.0M
FCF MarginFCF / Revenue
30.8%
20.4%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
1.7%
1.3%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
0.83×
2.00×
TTM Free Cash FlowTrailing 4 quarters
$3.2B
$734.7M

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
AON
AON
G
G
Q4 25
$1.4B
$286.7M
Q3 25
$1.1B
$308.4M
Q2 25
$796.0M
$177.4M
Q1 25
$140.0M
$40.4M
Q4 24
$1.2B
$203.2M
Q3 24
$1.0B
$228.5M
Q2 24
$513.0M
$209.3M
Q1 24
$309.0M
$-25.6M
Free Cash Flow
AON
AON
G
G
Q4 25
$1.3B
$269.0M
Q3 25
$1.1B
$292.0M
Q2 25
$732.0M
$155.1M
Q1 25
$84.0M
$18.5M
Q4 24
$1.1B
$183.5M
Q3 24
$951.0M
$208.7M
Q2 24
$460.0M
$190.0M
Q1 24
$261.0M
$-49.6M
FCF Margin
AON
AON
G
G
Q4 25
30.8%
20.4%
Q3 25
27.0%
22.6%
Q2 25
17.6%
12.4%
Q1 25
1.8%
1.5%
Q4 24
27.6%
14.7%
Q3 24
25.6%
17.2%
Q2 24
12.2%
16.2%
Q1 24
6.4%
-4.4%
Capex Intensity
AON
AON
G
G
Q4 25
1.7%
1.3%
Q3 25
1.7%
1.3%
Q2 25
1.5%
1.8%
Q1 25
1.2%
1.8%
Q4 24
1.3%
1.6%
Q3 24
1.7%
1.6%
Q2 24
1.4%
1.6%
Q1 24
1.2%
2.1%
Cash Conversion
AON
AON
G
G
Q4 25
0.83×
2.00×
Q3 25
2.51×
2.11×
Q2 25
1.37×
1.34×
Q1 25
0.15×
0.31×
Q4 24
1.68×
1.43×
Q3 24
2.95×
1.72×
Q2 24
0.98×
1.72×
Q1 24
0.29×
-0.22×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

AON
AON

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

G
G

High Tech And Manufacturing$525.3M40%
Consumer And Healthcare$445.8M34%
Financial Services$348.2M26%

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