Aon vs Ryan Specialty: revenue, profit, margins and growth compared
Aon brought in $17.2B of revenue in fiscal 2025, Ryan Specialty $3.1B in fiscal 2025. Revenue changed by +9.4% at Aon and +21.3% at Ryan Specialty on the year before, so Ryan Specialty grew faster. Aon kept 21.5% of its revenue as net profit, Ryan Specialty 2.1%. Free cash flow was $3.2B at Aon and $640.7M at Ryan Specialty.
Fiscal years as each company reports them; the two may end in different months.
Questions about Aon and Ryan Specialty
Which is bigger by revenue, Aon or Ryan Specialty?
Aon is bigger by revenue: $17.2B in fiscal 2025, against $3.1B for Ryan Specialty in fiscal 2025.
Which keeps more of its revenue as profit, Aon or Ryan Specialty?
Aon had a net margin of 21.5% in fiscal 2025; Ryan Specialty had 2.1% in fiscal 2025.
Which grew revenue faster, Aon or Ryan Specialty?
In their latest fiscal years revenue changed by +9.4% at Aon and +21.3% at Ryan Specialty.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.