AON
Aon plc
AON has lower modeled downside risk, despite its lower overall score.
HOOD
Robinhood Markets, Inc.
HOOD has the edge over AON overall, supported by stronger valuation and stronger modeled upside.
AON Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
AON's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like AON.
HOOD Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
HOOD's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like HOOD.
AON PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 17x | $333 | — |
| Current | 18x | $333 | — |
| Cheap | 23x | $423 | +27% |
| Fair | 27x | $500 | +50% |
| Expensive | 34x | $616 | +85% |
Historical ranges are pointers, not guarantees.
AON has the edge over HOOD in the historical PE scenario, which offers more potential upside but is not a forecast.
HOOD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 30x | $81.35 | — |
| Cheap | 37x | $78.84 | -3.1% |
| Current | 38x | $81.35 | — |
| Fair | 51x | $110 | +35% |
| Expensive | 74x | $160 | +96% |
Historical ranges are pointers, not guarantees.
HOOD's PE is in its cheap range at 38x. If earnings grow as analysts expect, today's price would be 30x next year's earnings.
AON Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Strongly weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AON, but weaker profitability.
HOOD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
HOOD has the edge over AON on the outlook, with more favorable valuation and profitability expectations.
AON Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $19.21 | +5.2% |
| Q3 2026 | $18.26 | +48% |
| Q2 2026 | $18.14 | +54% |
| Q1 2026 | $18.22 | +57% |
| Q4 2025 | $17.02 | +36% |
| Q3 2025 | $12.31 | +3.6% |
| Q2 2025 | $11.77 | -6.1% |
| Q1 2025 | $11.57 | -9.5% |
| Q4 2024 | $12.49 | -0.2% |
AON earned $18.26 per share over the past year, up 48% from the year before. Its recent earnings include one-off gains.
HOOD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.72 | +26% |
| Q3 2026 | $2.16 | -10% |
| Q2 2026 | $2.26 | +15% |
| Q1 2026 | $2.06 | +18% |
| Q4 2025 | $2.05 | +31% |
| Q3 2025 | $2.40 | +314% |
| Q2 2025 | $1.96 | +513% |
| Q1 2025 | $1.75 | +1150% |
| Q4 2024 | $1.56 | +$2.17 |
HOOD has the edge over AON on earnings, with more consistent year-over-year improvement.
AON Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.1B | +2.6% |
| Q2 2026 | $4.2B | +2.2% |
| Q1 2026 | $5B | +6.4% |
| Q4 2025 | $4.3B | +3.7% |
| Q3 2025 | $4B | +7.4% |
| Q2 2025 | $4.2B | +11% |
| Q1 2025 | $4.7B | +16% |
| Q4 2024 | $4.1B | +23% |
AON's revenue has grown year over year for 16 quarters in a row: $4.1B last quarter, up 2.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | -0.7 points |
| Q2 2026 | 22% | +0.9 points |
| Q1 2026 | 34% | +3.2 points |
| Q4 2025 | 28% | +1.8 points |
| Q3 2025 | 20% | +3.7 points |
| Q2 2025 | 21% | +3.2 points |
| Q1 2025 | 31% | -5.1 points |
| Q4 2024 | 26% | +3.2 points |
AON's operating margin was 20% last quarter, down 0.7 points from the same quarter a year ago.
HOOD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +12% |
| Q2 2026 | $1.3B | +32% |
| Q1 2026 | $1.1B | +15% |
| Q4 2025 | $1.3B | +27% |
| Q3 2025 | $1.3B | +100% |
| Q2 2025 | $989M | +45% |
| Q1 2025 | $927M | +50% |
| Q4 2024 | $1B | +115% |
HOOD has the edge over AON on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 44% | -5.9 points |
| Q2 2026 | 54% | +9.5 points |
| Q1 2026 | 39% | -1.5 points |
| Q4 2025 | 52% | -3.5 points |
| Q3 2025 | 50% | +26 points |
| Q2 2025 | 45% | +17 points |
| Q1 2025 | 40% | +14 points |
| Q4 2024 | 55% | +49 points |
HOOD has the edge over AON on profitability, with a higher operating margin.
AON Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.1B | +1.7% |
| Q2 2026 | $483M | -34% |
| Q1 2026 | $363M | +332% |
| Q4 2025 | $1.3B | +16% |
| Q3 2025 | $1.1B | +13% |
| Q2 2025 | $732M | +59% |
| Q1 2025 | $84M | -68% |
| Q4 2024 | $1.1B | -5.5% |
AON's free cash flow was $3.3B over the past year, up 7.4% from the year before. Free cash flow isn't a meaningful measure for financial services companies like AON.
HOOD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +$2.8B |
| Q2 2026 | $720M | -79% |
| Q1 2026 | $2B | +217% |
| Q4 2025 | -$937M | +$463M |
| Q3 2025 | -$1.6B | -187% |
| Q2 2025 | $3.5B | +6398% |
| Q1 2025 | $642M | +$1.3B |
| Q4 2024 | -$1.4B | -246% |
HOOD's free cash flow was $3B over the past year, up 159% from the year before. Free cash flow isn't a meaningful measure for financial services companies like HOOD.
AON Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -900K shares |
| 1 year | -1.7% | -3.7M shares |
| 3 years | +4.1% | +8.4M shares |
| 5 years | -5.5% | -12.4M shares |
| Available history | -11% | -27.6M shares |
AON has the edge over HOOD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $600M |
| Q1 2026 | $500M |
| Q4 2025 | $250M |
| Q3 2025 | $250M |
| Q2 2025 | $250M |
| Q1 2025 | $250M |
| Q4 2024 | $200M |
AON spent $1.4B buying back its own shares over the past year, up 42% from the year before.
HOOD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -1M shares |
| 1 year | -0.8% | -6.9M shares |
| 3 years | +1.8% | +15.9M shares |
| 5 years | +292% | +679M shares |
| Available history | +7.2% | +60.8M shares |
HOOD has 911M diluted shares, down 0.8% from a year ago, with $789M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $25M |
| Q2 2026 | $414M |
| Q1 2026 | $250M |
| Q4 2025 | $100M |
| Q3 2025 | $107M |
| Q2 2025 | $124M |
| Q1 2025 | $322M |
| Q4 2024 | $160M |
HOOD spent $789M buying back its own shares over the past year, up 11% from the year before.
AON Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.4x | High |
| Q2 2026 | 2.9x | Moderate |
| Q1 2026 | 2.8x | Moderate |
| Q4 2025 | 3.1x | Elevated |
| Q3 2025 | 3.6x | Elevated |
| Q2 2025 | 3.9x | Elevated |
| Q1 2025 | 4.2x | High |
| Q4 2024 | 4.0x | Elevated |
AON's net debt is about 5.4 years of its operating earnings (EBITDA), up from 3.6 years a year ago. Net leverage isn't a meaningful measure for financial services companies like AON.
HOOD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.3x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -1.9x | Net Cash |
| Q3 2025 | -2.1x | Net Cash |
| Q2 2025 | -2.6x | Net Cash |
| Q1 2025 | -3.3x | Net Cash |
| Q4 2024 | -3.8x | Net Cash |
HOOD has the edge over AON on leverage, with a lower net debt burden relative to earnings.
AON Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.2 | Neutral |
| Stochastic | 62.2 | Neutral |
AON's weekly RSI is 54 (neutral) and its Stochastic is 62 (neutral).
HOOD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.8 | Neutral |
| Stochastic | 9.5 | Oversold |
HOOD's weekly RSI is 41 (neutral) and its Stochastic is 10 (oversold).
AON PE vs Financial Services Sector
| Metric | AON | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 13x | 40% above |
| PE % | 5 | 63 | 58 pts below |
AON has the edge over HOOD on valuation relative to its sector.
HOOD PE vs Financial Services Sector
| Metric | HOOD | Sector median | Relative |
|---|---|---|---|
| PE | 38x | 13x | 189% above |
| PE % | 22 | 66 | 44 pts below |
HOOD is trading at 38x earnings, a 189% premium to the Financial Services sector's median of 13x.
AON Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $300.9 | 11% above |
| 20 week MA | $327.8 | 1.7% above |
| 50 week MA | $329.9 | 1.1% above |
| 100 week MA | $347.4 | 4% below |
| 200 week MA | $335.2 | 0.5% below |
AON has the edge over HOOD on trend strength, trading above more of its moving averages.
HOOD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $97.8 | 17% below |
| 20 week MA | $102.2 | 20% below |
| 50 week MA | $95.4 | 15% below |
| 100 week MA | $88.5 | 8.1% below |
| 200 week MA | $52.1 | 56% above |
HOOD has fallen below most of its moving averages, though it's still 56% above its 200-week average.
AON Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $207.5 | $210.6 | +1.5% |
| 2021 | $210.6 | $292.4 | +39% |
| 2022 | $292.4 | $300.6 | +2.8% |
| 2023 | $300.6 | $291.0 | -3.2% |
| 2024 | $291.0 | $360.4 | +24% |
| 2025 | $360.4 | $356.7 | -1% |
| 2026 YTD | $356.7 | $333.4 | -6.5% |
AON has the edge over HOOD on returns for 2026, with the stronger performance.
HOOD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $35.2 | $18.9 | -46% |
| 2022 | $18.9 | $7.95 | -58% |
| 2023 | $7.95 | $12.7 | +60% |
| 2024 | $12.7 | $39.0 | +206% |
| 2025 | $39.0 | $118.1 | +203% |
| 2026 YTD | $118.1 | $81.4 | -31% |
HOOD's yearly returns have swung widely, from +206% in 2024 to −58% in 2022. It's down 31% so far in 2026.