Core Insights - Aon plc reported a total revenue increase of 16% to 4.7billionforQ12025comparedtoQ12024,drivenbyorganicrevenuegrowthof51.8 billion, while diluted EPS decreased by 17% to 4.43,reflectingtheimpactofforeigncurrencytranslationandincreasedoperatingexpenses[2][9][26]−Thecompanyreaffirmedits2025guidance,expectingcontinuedorganicrevenuegrowth,adjustedoperatingmarginexpansion,andstrongadjustedEPSgrowth[9][26]RevenueSummary−TotalrevenueforQ12025was4.7 billion, up from 4.1billioninQ12024,withRiskCapitalrevenueincreasingby73.2 billion and Human Capital revenue rising by 40% to 1.5billion[3][9][11]−Organicrevenuegrowthwas53.3 billion, primarily due to the inclusion of NFP's operating expenses and investments in long-term growth [4][18][21] - Compensation and benefits expenses rose by 19% to 2.2billion,reflectingtheintegrationofNFPandorganicrevenuegrowth[18][21]CashFlowAnalysis−Cashprovidedbyoperationsdecreasedby55140 million, attributed to higher payments related to incentive compensation and restructuring [8][10] - Free cash flow fell by 68% to 84million,reflectingadecreaseincashflowsfromoperationsandanincreaseincapitalexpenditures[10][40]ShareholderReturns−Aonrepurchased0.6millionclassAordinarysharesforapproximately250 million in Q1 2025, with $2.1 billion remaining under its share repurchase program [7][9] - The company announced a 10% increase in its quarterly dividend, marking the 15th consecutive year of dividend growth [9][26] Tax and Shareholder Metrics - The effective tax rate for Q1 2025 was 21.4%, down from 23.2% in the prior year, with an adjusted effective tax rate of 20.9% [6][41] - Weighted average diluted shares outstanding increased to 217.9 million from 200.1 million in the prior year [7][41]