COMP <GO>
AON vs MS // 10Y YIELD & FRED MACRO BETA
Aon plc Class A Ordinary Shares (Ireland) (NYSE) VS. Morgan Stanley (NYSE) • 15-METRIC TALLY: AON 10
— MS 4
▲ 10Y YIELD & FRED MACRO BETA LEADER: MS
LAST: $321.67 (+0.01%) • MKT CAP: $68.24B
macro-sensitivity
0.94
LAST: $184.30 (-3.00%) • MKT CAP: $298.41B
macro-sensitivity
1.04
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (AON VS. MS)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | AON | MS | 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% | 3.00% | +12.00 | AON | /roic <GO> |
| EV/EBITDA & P/E Valuation | 17.9x | 31.0x | -13.10 | AON | /valuation <GO> |
| Free Cash Flow Yield | 4.72% | -7.25% | +11.97 | AON | /fcf-yield <GO> |
| Operating Margin | 25.30% | 24.60% | +0.70 | AON | /operating-margins <GO> |
| Net Profit Margin | 21.50% | 20.20% | +1.30 | AON | /net-margins <GO> |
| Revenue Growth (YoY) | 9.40% | 5.50% | +3.90 | AON | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.92% | 2.21% | -1.29 | MS | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.67 | 0.46 | +1.21 | AON | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 5/9 | +2.00 | AON | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 6.70% | 7.00% | -0.30 | AON | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 69.5 | 43.3 | +26.17 | AON | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | 0.94 | 1.04 | -0.10 | MS | /macro-sensitivity <GO> |
| Forward P/E Multiple | 17.2x | 16.5x | +0.70 | MS | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $68.24B | $298.41B | -$230.17B | MS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | AON REV | MS REV | AON GROSS % | MS GROSS % | AON FCF | MS FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $17.18B | $0 | 44.0% | — | $3.22B | -$17.89B |
| FY 2024 | $15.70B | $0 | 44.0% | — | $2.82B | $1.36B |
| FY 2023 | $13.38B | $0 | 44.0% | — | $2.83B | -$33.54B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
AON // BETA 0.94
MS // BETA 1.04