Aon plc has reported results for the three and twelve months ended December 31, 2018...
Fourth Quarter Key Metrics as Reported Under U.S. GAAP(1)
- Total revenue decreased 5% to $2.8 billion, including a decrease of $225 million, or 8%, related to the FASB's new revenue recognition standard
- Operating margin decreased 270 basis points to 18.0%, including a decrease of 450 basis points related to the FASB's new revenue recognition standard
- EPS increased to $1.13, including a decrease of $0.53 related to the FASB's new revenue recognition standard
Fourth Quarter Key Metrics as Comparable to Pro Forma Financials and Highlights(1)
- Total revenue increased 3% to $2.8 billion, including 6% organic revenue growth
- Operating margin increased 180 basis points to 18.0%, and operating margin, adjusted for certain items, increased 280 basis points to 25.8%
- EPS increased to $1.13, and EPS, adjusted for certain items, increased 19% to $2.16
- Repurchased 1.2 million Class A Ordinary Shares for approximately $200 million
Full Year Key Metrics as Reported Under U.S. GAAP(1)
- Total revenue increased 8% to $10.8 billion, including a decrease of $13 millionrelated to the FASB's new revenue recognition standard
- Operating margin increased 380 basis points to 14.3%, including a decrease of 20 basis points related to the FASB's new revenue recognition standard
- EPS increased 180% to $4.29, including a decrease of $0.05 related to the FASB's new revenue recognition standard
Full Year Key Metrics as Comparable to Pro Forma Financials and Highlights(1)
- Total revenue increased 8% to $10.8 billion, including 5% organic revenue growth
- Operating margin increased 380 basis points to 14.3%, and operating margin, adjusted for certain items, increased 220 basis points to 25.0%
- EPS increased to $4.29, and EPS, adjusted for certain items, increased 26% to $8.16
- Cash flow from operations increased 152% to $1,686 million and free cash flow increased 198% to $1,446 million
- Repurchased 10.0 million Class A Ordinary Shares for approximately $1.4 billion
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