AON vs. TRV: Aon vs. Travelers Stock Comparison

July 2, 2026

How do Aon (AON) and Travelers (TRV) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Aon (AON) and Travelers (TRV) both belong to the Insurance industry, though AON is classified under Insurance Brokers while TRV falls under Property & Casualty Insurance.

Company profile comparison for Aon (AON) and Travelers (TRV)
Profile Item	AON	TRV
Name	Aon plc	The Travelers Companies, Inc.
Country/Region	Ireland	United States
GICS Sector	Financials	Financials
GICS Industry Group	Insurance	Insurance
GICS Industry	Insurance	Insurance
GICS Sub-Industry	Insurance Brokers	Property & Casualty Insurance
Market Capitalization	70.84 billion USD	70.20 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	June 2, 1980	November 17, 1975
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

AON

TRV

Aon (AON) vs. Travelers (TRV): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Aon (AON) and Travelers (TRV). Returns over one year are annualized.

Performance Metrics

Price performance metrics for Aon (AON) and Travelers (TRV)
Metric	AON	TRV
Total Return (1Y)	-6.59%	25.35%

Risk Profile

Drawdown History

AON

TRV

Aon (AON) vs. Travelers (TRV): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk Metrics

Risk profile metrics for Aon (AON) and Travelers (TRV)
Metric	AON	TRV
Volatility (1Y, Annualized)	24.34%	18.78%
Beta (5Y)	0.71	0.46
Avg. Volume (3M)	1.56M	1.64M

Risk-Adjusted Performance

Risk-Return Positioning

AON and TRV are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Profitability

ROE (TTM)

Both companies show strong equity returns, but Aon (AON) at 46.45% is the standout with ROE above its industry range; Travelers (TRV) at 25.27% also sits in the top quartile.

AON

Insurance industry group

46.45%

AON: 46.45%
Max: 38.88%
Q3: 22.53%
Median: 14.77%
Q1: 9.91%
Min: -6.23%

TRV

Insurance industry group

25.27%

Max: 38.88%
TRV: 25.27%
Q3: 22.53%
Median: 14.77%
Q1: 9.91%
Min: -6.23%

Aon (AON) vs. Travelers (TRV): A comparison of their ROE against the Insurance industry group benchmark.

Net Margin (TTM)

Aon (AON) at 22.54% retains a top-quartile share of revenue as profit, ahead of Travelers (TRV) at 15.54%, which keeps about the industry-typical share.

AON

Insurance industry group

22.54%

Max: 38.86%
AON: 22.54%
Q3: 19.36%
Median: 11.07%
Q1: 5.09%
Min: -2.80%

TRV

Insurance industry group

15.54%

Max: 38.86%
Q3: 19.36%
TRV: 15.54%
Median: 11.07%
Q1: 5.09%
Min: -2.80%

Aon (AON) vs. Travelers (TRV): A comparison of their net margin against the Insurance industry group benchmark.

Operating Margin (TTM)

Neither side reports a meaningful operating margin: for Aon (AON) in Insurance and Travelers (TRV) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Profitability metrics for Aon (AON) and Travelers (TRV)
Metric	AON	TRV
ROE (TTM)	46.45%	25.27%
ROA (TTM)	6.05%	4.44%
Net Margin (TTM)	22.54%	15.54%
Operating Margin (TTM)	--	--
Gross Margin (TTM)	--	--

Growth

Revenue Growth

Aon (AON) vs. Travelers (TRV): A comparison of their Revenue Growth across different time periods.

Revenue Growth Metrics

Revenue growth metrics for Aon (AON) and Travelers (TRV)
Metric	AON	TRV
Revenue Growth (YoY)	9.45%	5.17%
Revenue Growth (3Y CAGR)	11.25%	9.79%

EPS Growth

Aon (AON) vs. Travelers (TRV): A comparison of their EPS Growth across different time periods.

EPS Growth Metrics

EPS growth metrics for Aon (AON) and Travelers (TRV)
Metric	AON	TRV
EPS Growth (YoY)	36.27%	27.76%
EPS Growth (3Y CAGR)	11.92%	32.58%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Aon (AON) in Insurance and Travelers (TRV) in Insurance both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for both: Aon (AON) in Insurance and Travelers (TRV) in Insurance run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Financial strength metrics for Aon (AON) and Travelers (TRV)
Metric	AON	TRV
Current Ratio (MRQ)	--	--
Debt / Equity (MRQ)	--	--
Net Debt / EBITDA	--	--

Dividends

Dividend Yield (TTM)

Both Aon (AON) at 0.91% and Travelers (TRV) at 1.33% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

AON

Insurance industry group

0.91%

Max: 5.58%
Q3: 2.46%
Median: 1.18%
AON: 0.91%
Q1: 0.00%
Min: 0.00%

TRV

Insurance industry group

1.33%

Max: 5.58%
Q3: 2.46%
TRV: 1.33%
Median: 1.18%
Q1: 0.00%
Min: 0.00%

Aon (AON) vs. Travelers (TRV): A comparison of their dividend yield against the Insurance industry group benchmark.

Dividend Payout Ratio (TTM)

Both Aon (AON) at 16.36% and Travelers (TRV) at 13.13% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

AON

Insurance industry group

16.36%

Max: 86.52%
Q3: 35.43%
AON: 16.36%
Median: 14.92%
Q1: 0.00%
Min: 0.00%

TRV

Insurance industry group

13.13%

Max: 86.52%
Q3: 35.43%
Median: 14.92%
TRV: 13.13%
Q1: 0.00%
Min: 0.00%

Aon (AON) vs. Travelers (TRV): A comparison of their payout ratio against the Insurance industry group benchmark.

Dividend Metrics

Dividend metrics for Aon (AON) and Travelers (TRV)
Metric	AON	TRV
Dividend Yield (TTM)	0.91%	1.33%
Dividend Payout Ratio (TTM)	16.36%	13.13%

Valuation

P/E Ratio (TTM)

Travelers (TRV) at 9.85 is near its industry’s usual P/E ratio, while Aon (AON) at 18.21 sits in the richer quartile — AON needs stronger growth or earnings quality to justify the premium.

AON

Insurance industry group

18.21

Max: 28.97
AON: 18.21
Q3: 17.55
Median: 13.05
Q1: 8.85
Min: 3.65

TRV

Insurance industry group

9.85

Max: 28.97
Q3: 17.55
Median: 13.05
TRV: 9.85
Q1: 8.85
Min: 3.65

Aon (AON) vs. Travelers (TRV): A comparison of their P/E ratio against the Insurance industry group benchmark.

P/S Ratio (TTM)

Travelers (TRV) at 1.43 is priced about in line with its industry on P/S ratio, while Aon (AON) at 4.05 sits in the pricier quartile — AON costs more per dollar of sales.

AON

Insurance industry group

4.05

Max: 4.36
AON: 4.05
Q3: 2.32
Median: 1.25
Q1: 0.86
Min: 0.09

TRV

Insurance industry group

1.43

Max: 4.36
Q3: 2.32
TRV: 1.43
Median: 1.25
Q1: 0.86
Min: 0.09

Aon (AON) vs. Travelers (TRV): A comparison of their P/S ratio against the Insurance industry group benchmark.

P/B Ratio (MRQ)

Travelers (TRV) at 2.19 sits near its industry’s typical P/B ratio, while Aon (AON) at 7.20 prices above its benchmark range — AON looks rich relative to book.

AON

Insurance industry group

7.20

AON: 7.20
Max: 3.98
Q3: 2.56
Median: 1.75
Q1: 1.21
Min: -0.15

TRV

Insurance industry group

2.19

Max: 3.98
Q3: 2.56
TRV: 2.19
Median: 1.75
Q1: 1.21
Min: -0.15

Aon (AON) vs. Travelers (TRV): A comparison of their P/B ratio against the Insurance industry group benchmark.

Valuation Metrics

Valuation metrics for Aon (AON) and Travelers (TRV)
Metric	AON	TRV
P/E Ratio (TTM)	18.21	9.85
P/S Ratio (TTM)	4.05	1.43
P/B Ratio (MRQ)	7.20	2.19
Free Cash Flow Yield (TTM)	--	--