S&P 500 comparison · Financials

Aon plc vs Willis Towers Watson

Prices at close . Model readings .

Aon plc

$315.72+4.37%
Month: negativeLong run: negative

Willis Towers Watson

$321.63+0.62%
Month: negativeLong run: neutral
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), Aon plc is the larger company by market value ($67.25B against $30.23B). Over the past year Aon plc returned −5.8% and Willis Towers Watson −0.6%, while the S&P 500 returned +12.7%. The latest filed P/E is 15.9 for Aon plc and 16.4 for Willis Towers Watson, and the operating margin 19.7% against 14.8%. Over the next 21 sessions the model expects −0.65% for Aon plc, with a 12% chance of a rise, and −0.41% for Willis Towers Watson, with a 12% chance. Aon plc's long-run fair value is $267.54, a gap of −15.3% to its price; the long-run model view is negative. Willis Towers Watson's long-run fair value is $294.75, a gap of −8.4% to its price; the long-run model view is neutral.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
AON−0.65%
WTW−0.41%
Chance of a risenext 21 sessions
AON12%
WTW12%
Expected returnnext 63 sessions
AON+0.97%
WTW+1.35%
Range of outcomes63 sessions, 80% band
AON−21.4% to +23.4%
WTW−19.6% to +22.3%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
AON$267.5428 Oct 2026
WTW$294.7528 Oct 2026
Gap to pricefair value against the close
AON−15.3%
WTW−8.4%
Past readings that matchedsign of the 21-session outcome
AON44.6%of 269
WTW44.6%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
AON+14.4%
WTW+11.8%
6 monthsS&P 500: +8.5%
AON−1.6%
WTW+11.3%
Year to dateS&P 500: +13.3%
AON−10.1%
WTW−1.4%
1 yearS&P 500: +12.7%
AON−5.8%
WTW−0.6%
5 yearsS&P 500: +70.7%
AON+4.3%
WTW+40.4%
1 year against the S&P 500percentage points
AON−18.5 pts
WTW−13.3 pts
Position in the 52-week range0% low, 100% high
AON43%close $315.72 in $266.33 to $381.47
WTW74%close $321.63 in $239.74 to $350.34
Against the 200-day average
AON−2.9%
WTW+8.8%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to (AON), (WTW)
Market value
AON$67.25B28 Oct 2026
WTW$30.23B28 Oct 2026
Enterprise valueat the last filing
AON$84.98B30 Sep 2026
WTW$28.72B30 Jun 2026
P/Elatest filed
AON15.9
WTW16.4
Price to book
AON5.78
WTW3.16
EV / EBITDA
AON18.77
WTW11.69
Free cash flow yield
AON5.54%
WTW6.87%
Dividend yield
AON1.14%
WTW1.45%
Questions

Aon plc or Willis Towers Watson: common questions

Which is larger by market value, Aon plc or Willis Towers Watson?

Aon plc, at $67.25B against $30.23B for Willis Towers Watson, on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, Aon plc or Willis Towers Watson?

Willis Towers Watson has the higher latest filed P/E, 16.4; Aon plc's is 15.9. Filings: quarter to 30 Sep 2026 and 30 Jun 2026.

How did Aon plc and Willis Towers Watson move over the past year against the S&P 500?

Over the past year Aon plc returned −5.8% and Willis Towers Watson −0.6%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for Aon plc and Willis Towers Watson over the next month?

−0.65% for Aon plc with a 12% chance of a rise, and −0.41% for Willis Towers Watson with a 12% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of Aon plc and Willis Towers Watson compare?

The operating margin is 19.7% for Aon plc and 14.8% for Willis Towers Watson, and the gross margin 19.7% against 14.8%. Filings: quarter to 30 Sep 2026 and 30 Jun 2026.

Do Aon plc and Willis Towers Watson shares move together?

Over the past year the correlation of their daily returns was 0.69 (often together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

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The two company pagesAon plc (AON) forecast and analysisWillis Towers Watson (WTW) forecast and analysis
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BrowseAll Financials companiesAll comparisonsHow the model readings are made

Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.