COMP <GO>
AON vs HSBC // 10Y YIELD & FRED MACRO BETA
Aon plc Class A Ordinary Shares (Ireland) (NYSE) VS. HSBC Holdings plc. (NYSE) • 15-METRIC TALLY: AON 9
— HSBC 5
▲ 10Y YIELD & FRED MACRO BETA LEADER: AON
LAST: $321.67 (+0.01%) • MKT CAP: $68.24B
macro-sensitivity
0.94
LAST: $85.42 (-1.36%) • MKT CAP: $297.33B
macro-sensitivity
0.92
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (AON VS. HSBC)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | AON | HSBC | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 41.00% | 41.00% | 0.00 | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 15.00% | 9.90% | +5.10 | AON | /roic <GO> |
| EV/EBITDA & P/E Valuation | 17.9x | 21.0x | -3.10 | AON | /valuation <GO> |
| Free Cash Flow Yield | 4.72% | 2.21% | +2.51 | AON | /fcf-yield <GO> |
| Operating Margin | 25.30% | 13.90% | +11.40 | AON | /operating-margins <GO> |
| Net Profit Margin | 21.50% | 10.90% | +10.60 | AON | /net-margins <GO> |
| Revenue Growth (YoY) | 9.40% | 23.10% | -13.70 | HSBC | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.92% | 0.00% | +0.92 | AON | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.67 | 3.74 | -2.07 | HSBC | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 8/9 | -1.00 | HSBC | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 6.70% | 6.60% | +0.10 | HSBC | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 69.5 | 25.0 | +44.46 | AON | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | 0.94 | 0.92 | +0.02 | AON | /macro-sensitivity <GO> |
| Forward P/E Multiple | 17.2x | 27.6x | -10.40 | AON | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $68.24B | $297.33B | -$229.09B | HSBC | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | AON REV | HSBC REV | AON GROSS % | HSBC GROSS % | AON FCF | HSBC FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $17.18B | — | 44.0% | — | $3.22B | — |
| FY 2024 | $15.70B | — | 44.0% | — | $2.82B | — |
| FY 2023 | $13.38B | — | 44.0% | — | $2.83B | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
AON // BETA 0.94
HSBC // BETA 0.92