Which has the lower trailing P/E, AON or TRV?

TRV has the lower trailing P/E: AON trades at 19.87 and TRV at 10.03. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AON or TRV?

Over the past five years, AON grew revenue faster — AON at a 8.37% CAGR versus TRV at 7.78%.

Does AON or TRV pay a bigger dividend?

AON yields 0.85% and TRV yields 1.22% based on trailing dividends and the latest price.

Is AON or TRV more profitable?

AON runs the higher net margin — AON at 22.27% versus TRV at 16.95%.

How have AON and TRV total returns compared?

Over the past 10 years, AON delivered 13.93% and TRV delivered 14.86% annualized total return. Past performance doesn't predict future results.

Aon plc (AON) vs The Travelers Companies, Inc. (TRV)

A side-by-side comparison of Aon plc and The Travelers Companies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 1, 2026. Differences are shown without an overall score or investment verdict.

AON

Aon plc

$76.48B

$360.55Financial ServicesAt close: Jul 31, 2026, 4:00 PM ET

TRV

The Travelers Companies, Inc.

$78.08B

$374.36Financial ServicesAt close: Jul 31, 2026, 4:00 PM ET

Total return — AON vs TRV

growth of $100 · dividends reinvested · last 30y

AON +2590.8%TRV +2960.3%TRV compounded faster

AON TRV

AON vs TRV: by the numbers

•TRV is the larger company ($78.08B vs $76.48B market cap).
•TRV trades at the lower trailing earnings multiple (10.03 vs 19.87 P/E), one valuation lens rather than an overall verdict.
•AON converts more revenue to profit (22.27% vs 16.95% net margin).
•AON grew revenue faster over the past five years (8.37% vs 7.78% CAGR).
•TRV pays the higher dividend yield (1.22% vs 0.85%).

Metrics side by side

Valuation

Metric	AON	TRV
P/E ratio	19.87	10.03
Forward P/E	18.87	10.99
P/S ratio	4.40	1.63
P/B ratio	8.01	2.41
PEG ratio	0.56	0.37

Profitability

Metric	AON	TRV
Gross margin	47.70%	34.73%
Operating margin	27.21%	21.33%
Net margin	22.27%	16.95%
ROE	40.51%	25.07%
ROIC	12.16%	12.10%

Dividends

Metric	AON	TRV
Dividend yield	0.85%	1.22%
Payout ratio	17.83%	16.34%

Growth (annualized)

Metric	AON	TRV
Revenue CAGR (5Y)	8.37%	7.78%
EPS CAGR (5Y)	15.07%	21.40%
Total return CAGR (5Y)	7.57%	22.59%

Frequently asked

Which has the lower trailing P/E, AON or TRV?: TRV has the lower trailing P/E: AON trades at 19.87 and TRV at 10.03. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AON or TRV?: Over the past five years, AON grew revenue faster — AON at a 8.37% CAGR versus TRV at 7.78%.
Does AON or TRV pay a bigger dividend?: AON yields 0.85% and TRV yields 1.22% based on trailing dividends and the latest price.
Is AON or TRV more profitable?: AON runs the higher net margin — AON at 22.27% versus TRV at 16.95%.
How have AON and TRV total returns compared?: Over the past 10 years, AON delivered 13.93% and TRV delivered 14.86% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AON analysis Full TRV analysis Interactive comparison tool

Dig into the metrics

Aon P/E ratio Travelers Companies P/E ratio Aon dividend yield Travelers Companies dividend yield Aon ROE Travelers Companies ROE Aon operating margin Travelers Companies operating margin Aon revenue growth Travelers Companies revenue growth Aon free cash flow Travelers Companies free cash flow

Aon & Travelers Companies appear in these rankings

Highest ROE Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 1, 2026.