WallStSmart

Aon PLC (AON)vsMarsh & McLennan Companies, Inc. (MRSH)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Marsh & McLennan Companies, Inc. generates 57% more annual revenue ($26.98B vs $17.18B). AON leads profitability with a 21.5% profit margin vs 15.4%. MRSH appears more attractively valued with a PEG of 1.71. AON earns a higher WallStSmart Score of 68/100 (B-).

AON

Strong Buy

68

out of 100

Grade: B-

Growth: 7.3Profit: 8.5Value: 7.3Quality: 4.3
Piotroski: 5/9Altman Z: 0.82

MRSH

Buy

64

out of 100

Grade: C+

Growth: 6.0Profit: 8.5Value: 7.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AONUndervalued (+62.1%)

Margin of Safety

+62.1%

Fair Value

$818.53

Current Price

$327.03

$491.50 discount

UndervaluedFair: $818.53Overvalued
MRSHSignificantly Overvalued (-28.9%)

Margin of Safety

-28.9%

Fair Value

$134.21

Current Price

$173.10

$38.89 premium

UndervaluedFair: $134.21Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AON6 strengths · Avg: 9.3/10
Return on EquityProfitability
46.9%10/10

Every $100 of equity generates 47 in profit

Operating MarginProfitability
31.4%10/10

Strong operational efficiency at 31.4%

EPS GrowthGrowth
138.3%10/10

Earnings expanding 138.3% YoY

Market CapQuality
$69.99B9/10

Large-cap with strong market position

Profit MarginProfitability
21.5%9/10

Keeps 22 of every $100 in revenue as profit

Free Cash FlowQuality
$1.32B8/10

Generating 1.3B in free cash flow

MRSH4 strengths · Avg: 8.5/10
Market CapQuality
$85.18B9/10

Large-cap with strong market position

Return on EquityProfitability
29.3%9/10

Every $100 of equity generates 29 in profit

Operating MarginProfitability
25.4%8/10

Strong operational efficiency at 25.4%

Free Cash FlowQuality
$2.06B8/10

Generating 2.1B in free cash flow

Areas to Watch

AON3 concerns · Avg: 2.7/10
Revenue GrowthGrowth
3.7%4/10

3.7% revenue growth

PEG RatioValuation
2.522/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.822/10

Distress zone — elevated risk

MRSH1 concerns · Avg: 4.0/10
PEG RatioValuation
1.714/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : AON

The strongest argument for AON centers on Return on Equity, Operating Margin, EPS Growth. Profitability is solid with margins at 21.5% and operating margin at 31.4%.

Bull Case : MRSH

The strongest argument for MRSH centers on Market Cap, Return on Equity, Operating Margin. Profitability is solid with margins at 15.4% and operating margin at 25.4%.

Bear Case : AON

The primary concerns for AON are Revenue Growth, PEG Ratio, Altman Z-Score.

Bear Case : MRSH

The primary concerns for MRSH are PEG Ratio.

Key Dynamics to Monitor

AON profiles as a value stock while MRSH is a mature play — different risk/reward profiles.

AON carries more volatility with a beta of 0.83 — expect wider price swings.

MRSH is growing revenue faster at 8.7% — sustainability is the question.

MRSH generates stronger free cash flow (2.1B), providing more financial flexibility.

Bottom Line

AON scores higher overall (68/100 vs 64/100), backed by strong 21.5% margins. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Aon PLC

FINANCIAL SERVICES · INSURANCE BROKERS · USA

Aon plc is a multinational professional services firm that sells a range of financial risk-mitigation products, including insurance, pension administration, and health-insurance plans.

Marsh & McLennan Companies, Inc.

FINANCIAL SERVICES · INSURANCE BROKERS · USA

Marsh & McLennan Companies, Inc., a professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people globally. The company is headquartered in New York, New York.

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