AON vs. TRV: Aon vs. Travelers Stock Comparison
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.
| 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 | 75.48 billion USD | 77.25 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
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AON | TRV |
|---|---|---|
| Total Return (1Y) | -2.39% | 40.08% |
| Total Return (3Y, Annualized) | 4.09% | 32.96% |
| Total Return (5Y, Annualized) | 5.88% | 21.16% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AON | TRV |
|---|---|---|
| Volatility (1Y, Annualized) | 25.13% | 20.79% |
| Beta (5Y) | 0.67 | 0.44 |
| Max Drawdown (5Y) | -25.38% | -18.90% |
| Avg. Volume (3M) | 1.51M | 1.94M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AON | TRV |
|---|---|---|
| Sharpe Ratio (1Y) | -0.25 | 1.74 |
| Sortino Ratio (1Y) | -0.35 | 2.91 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Aon (AON) at 44.70% is the standout with ROE above its industry range; Travelers (TRV) at 26.51% also sits in the top quartile.
AON
Insurance industry group
44.70%
- AON
- 44.70%
- Max
- 40.17%
- Q3
- 22.16%
- Median
- 14.82%
- Q1
- 9.76%
- Min
- -3.97%
TRV
Insurance industry group
26.51%
- Max
- 40.17%
- TRV
- 26.51%
- Q3
- 22.16%
- Median
- 14.82%
- Q1
- 9.76%
- Min
- -3.97%
Net Margin (TTM)
Aon (AON) at 22.27% retains a top-quartile share of revenue as profit, ahead of Travelers (TRV) at 16.95%, which keeps about the industry-typical share.
AON
Insurance industry group
22.27%
- Max
- 37.63%
- AON
- 22.27%
- Q3
- 19.27%
- Median
- 11.83%
- Q1
- 5.68%
- Min
- -14.20%
TRV
Insurance industry group
16.95%
- Max
- 37.63%
- Q3
- 19.27%
- TRV
- 16.95%
- Median
- 11.83%
- Q1
- 5.68%
- Min
- -14.20%
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
| Metric | AON | TRV |
|---|---|---|
| ROE (TTM) | 44.70% | 26.51% |
| ROA (TTM) | 5.83% | 4.78% |
| Net Margin (TTM) | 22.27% | 16.95% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both Aon (AON) at 9.45% and Travelers (TRV) at 5.17% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Aon (AON) at 36.27% and Travelers (TRV) at 27.76% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | AON | TRV |
|---|---|---|
| Revenue Growth (YoY) | 9.45% | 5.17% |
| Revenue Growth (3Y CAGR) | 11.25% | 9.79% |
| 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
| Metric | AON | TRV |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Aon (AON) at 0.86% and Travelers (TRV) at 1.23% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
AON
Insurance industry group
0.86%
- Max
- 4.53%
- Q3
- 2.06%
- Median
- 0.91%
- AON
- 0.86%
- Q1
- 0.00%
- Min
- 0.00%
TRV
Insurance industry group
1.23%
- Max
- 4.53%
- Q3
- 2.06%
- TRV
- 1.23%
- Median
- 0.91%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Aon (AON) at 16.84% and Travelers (TRV) at 12.23% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
AON
Insurance industry group
16.84%
- Max
- 79.14%
- Q3
- 35.17%
- AON
- 16.84%
- Median
- 15.11%
- Q1
- 0.00%
- Min
- 0.00%
TRV
Insurance industry group
12.23%
- Max
- 79.14%
- Q3
- 35.17%
- Median
- 15.11%
- TRV
- 12.23%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AON | TRV |
|---|---|---|
| Dividend Yield (TTM) | 0.86% | 1.23% |
| Dividend Payout Ratio (TTM) | 16.84% | 12.23% |
Valuation
P/E Ratio (TTM)
Travelers (TRV) at 9.95 is near its industry’s usual P/E ratio, while Aon (AON) at 19.60 sits in the richer quartile — AON needs stronger growth or earnings quality to justify the premium.
AON
Insurance industry group
19.60
- Max
- 27.54
- AON
- 19.60
- Q3
- 18.52
- Median
- 12.82
- Q1
- 8.83
- Min
- 3.31
TRV
Insurance industry group
9.95
- Max
- 27.54
- Q3
- 18.52
- Median
- 12.82
- TRV
- 9.95
- Q1
- 8.83
- Min
- 3.31
P/S Ratio (TTM)
Travelers (TRV) at 1.58 is priced about in line with its industry on P/S ratio, while Aon (AON) at 4.29 sits in the pricier quartile — AON costs more per dollar of sales.
AON
Insurance industry group
4.29
- Max
- 4.32
- AON
- 4.29
- Q3
- 2.30
- Median
- 1.30
- Q1
- 0.91
- Min
- 0.08
TRV
Insurance industry group
1.58
- Max
- 4.32
- Q3
- 2.30
- TRV
- 1.58
- Median
- 1.30
- Q1
- 0.91
- Min
- 0.08
P/B Ratio (MRQ)
Travelers (TRV) at 2.33 sits near its industry’s typical P/B ratio, while Aon (AON) at 7.86 prices above its benchmark range — AON looks rich relative to book.
AON
Insurance industry group
7.86
- AON
- 7.86
- Max
- 4.21
- Q3
- 2.70
- Median
- 1.86
- Q1
- 1.24
- Min
- 0.43
TRV
Insurance industry group
2.33
- Max
- 4.21
- Q3
- 2.70
- TRV
- 2.33
- Median
- 1.86
- Q1
- 1.24
- Min
- 0.43
Valuation Metrics
| Metric | AON | TRV |
|---|---|---|
| P/E Ratio (TTM) | 19.60 | 9.95 |
| P/S Ratio (TTM) | 4.29 | 1.58 |
| P/B Ratio (MRQ) | 7.86 | 2.33 |
| Free Cash Flow Yield (TTM) | -- | -- |