• Aon average return on tangible equity for 2023 was -29.96, a 14.53% decline from 2022.
• Aon average return on tangible equity for 2022 was -26.16, a 10.87% increase from 2021.
• Aon average return on tangible equity for 2021 was -29.35, a 9.8% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.