To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...

核心财务表现 - 第三季度调整后每股收益为2.32美元，低于市场预期7.6%，但同比增长2.7% [1] - 总营收达33亿美元，同比增长21.5%，但低于市场预期3.4%，并实现连续第19个季度两位数增长 [2][1][7] - 总费用同比增长25.6%至30亿美元，主要受薪酬、报销、利息及摊销费用增加影响 [2] 盈利能力指标 - 调整后EBITDAC为9.816亿美元，同比增长22% [3] - 调整后EBITDAC利润率为32.1% [3] 分部业绩 - 经纪业务营收29亿美元，同比增长22.7%，但低于市场预期1.1% [4] - 经纪业务调整后EBITDAC同比增长22.7%，利润率为33.5%，与去年同期持平，但低于市场预期4.2% [4] - 风险管理业务营收4.019亿美元，同比增长9.1%，超出市场预期0.8% [5] - 风险管理业务调整后EBITDAC为8800万美元，同比增长14.2%，利润率扩大100个基点至21.8%，超出市场预期8.8% [5] - 公司部门EBITDAC为负1.094亿美元，去年同期为负7470万美元 [5] 财务状况 - 截至2025年9月30日，总资产达791亿美元，较2024年底增长23.1% [6] - 现金及现金等价物为14亿美元，较2024年底下降91% [6] - 股东权益为230亿美元，较2024年底增长15.2% [6] 战略与运营 - 本季度完成6项收购，预计年化营收约30.36亿美元 [8] 同业比较 - Brown & Brown第三季度调整后每股收益1.05美元，超出市场预期16.6%，同比增长15.4%；总营收16亿美元，超出市场预期6.6%，同比增长35.4%；调整后EBITDAC为5.87亿美元，同比增长41.8%，利润率扩大170个基点至36.6% [10] - Willis Towers Watson第三季度调整后每股收益3.07美元，超出市场预期2.3%，同比增长11%；调整后合并营收23亿美元，有机增长5%；调整后EBITDA为5.15亿美元，同比增长8%，利润率扩大160个基点至22.5% [11][12] - Aon第三季度调整后每股收益3.05美元，超出市场预期5.5%，同比增长12%；总营收40亿美元，同比增长7%，超出市场预期1.4%，有机增长7% [12] - Aon预计2025年及以后营收将实现中个位数或更高的有机增长，调整后营业利润率在2025年将扩大，调整后每股收益今年将强劲增长，长期自由现金流预计实现两位数增长 [13]

We continue to monitor relevant economic indicators such as employment, which may affect our business prospects over the short term. In addition, we're facing headwinds from declining rates in certain segments of the commercial insurance market across various geographies. In the face of this dynamic environment, our businesses continue to be resilient, as we remain intensely focused on providing relevant services that deliver value to our clients. Health, Wealth, and Career delivered steady 4% organic growt ...

核心财务表现 - 第三季度调整后每股收益为2.32美元，低于市场预期的2.54美元 [1] - 季度销售额为29.23亿美元，低于预期的34.54亿美元 [1] - 净收益利润率为13.8%，调整后EBITDAC利润率为32.1% [2] - 调整后EBITDAC增长22% [2] 业务增长情况 - 经纪和风险管理业务部门总营收增长20%，连续第19个季度实现两位数增长 [2] - 有机营收增长为4.8% [2] - 收购带来的增量收入超过4.5亿美元 [2] 分析师评级与目标价调整 - Keefe, Bruyette & Woods分析师维持市场表现评级，目标价从315美元下调至275美元 [5] - Evercore ISI Group分析师维持跑赢大盘评级，目标价从370美元下调至353美元 [5]

Earnings Conference Call Third Quarter 2025 October 31, 2025 Safe Harbor Statement This communication contains certain statements related to future results, or states Aon's intentions, beliefs and expectations or predictions for the future, all of which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either h ...

Insurance broking group Arthur J. Gallagher & Co. has reported total revenue before reimbursement of $3.32 billion for the third quarter of 2025, compared to $2.8 billion in Q3’24, as the core brokerage and risk management segments combined delivered 20% total revenue growth. This marks the broker’s 19th straight quarter of double-digit top-line growth.Of the total revenue, the company’s brokerage unit added $2.9 billion this quarter, compared to $2.4 billion in Q3’24, while the risk management arm contribu ...

Accessibility StatementSkip Navigation DUBLIN, Oct. 31, 2025 /PRNewswire/ -- Aon plc (NYSE: AON) today reported results for the three months ended September 30, 2025. Three Months Ended September 30, Nine Months Ended September 30, | 2025 | 2024 | Change 2025 | | 2024 | Change | | --- | --- | --- | --- | --- | --- | | Total revenue | $3,997 | $3,721 | 7 % | | $12,881 $11,551 12 % | | Organic revenue growth (Non-GAAP) | 7 % | 6 % | | | | | Operating income | $816 | $623 | 31 % | $3,136 | $2,744 14 % | ...

Arthur J. Gallagher (AJG) reported $3.33 billion in revenue for the quarter ended September 2025, representing a year-over-year increase of 21.5%. EPS of $2.32 for the same period compares to $2.26 a year ago.The reported revenue represents a surprise of -3.43% over the Zacks Consensus Estimate of $3.45 billion. With the consensus EPS estimate being $2.51, the EPS surprise was -7.57%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to W ...

Arthur J. Gallagher (NYSE:AJG) Q3 2025 Earnings Call October 30, 2025 05:30 PM ET Company ParticipantsJ. Patrick Gallagher, Jr - Chairman of the Board and CEONone - Company RepresentativeAndrew Kligerman - Managing DirectorAndrew Andersen - Equity Research Vice PresidentKatie Sakys - Senior Research AssociateRob Cox - VP of Equity ResearchGregory Peters - Mnaging DirectorDoug Howell - CFOElyse Greenspan - Managing DirectorRyan Tunis - Managing DirectorConference Call ParticipantsMike Zaremski - Senior Equit ...

Arthur J. Gallagher (NYSE:AJG) Q3 2025 Earnings Call October 30, 2025 05:30 PM ET Company ParticipantsDouglas K. Howell - CFOJ. Patrick Gallagher, Jr - Chairman of the Board and CEONone - Company RepresentativeAndrew Andersen - Equity Research Vice PresidentAndrew Kligerman - Managing DirectorKatie Sakys - Senior Research AssociateRob Cox - VP of Equity ResearchGregory Peters - Mnaging DirectorElyse Greenspan - Managing DirectorRyan Tunis - Managing DirectorConference Call ParticipantsMike Zaremski - Senior ...