Aon reports fourth quarter and full year 2024 results
Dublin , jan. 31, 2025 /prnewswire/ -- aon plc (nyse: aon) today reported results for the three and twelve months ended december 31, 2024. fourth quarter 2024 full year 2024 2024 2023 change 2024 2023 change total revenue $4,147 $3,375 23 % $15,698 $13,376 17 % organic revenue growth (non-gaap) 6 % 6 % operating margin 26.3 % 23.1 % 24.4 % 28.3 % adjusted operating margin (non-gaap) 33.3 % 33.8 % 31.5 % 31.6 % diluted eps $3.28 $2.47 33 % $12.49 $12.51 — % adjusted eps (non-gaap) $4.42 $3.89 14 % $15.60 $14.14 10 % cash provided by operations $1,200 $1,261 (5) % $3,035 $3,435 (12) % free cash flow (non-gaap) $1,145 $1,212 (6) % $2,817 $3,183 (11) % we closed the year with another strong quarter of performance and delivered an outstanding full year 2024, with 6% organic revenue growth, strong margins, double-digit adjusted eps growth and $2.8 billion of free cash flow, with nfp performing inline or better than our business case we are introducing 2025 guidance that positions aon to continue its long-term track record of delivering mid-single-digit or greater organic revenue growth, adjusted margin expansion, strong adjusted eps growth and double-digit free cash flow growth our 2025 free cash flow generation is expected to enable us to execute our capital allocation model, including meeting our leverage objective in q4'25, investing in organic growth and tuck-in m&a, and returning capital to shareholders, including $1 billion in share repurchases "we ended 2024 with another quarter of strong performance and outstanding execution across all aspects of our strategy," said greg case, ceo.
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