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Stock Comparison · Structural lead, mixed market

Aon vs Nasdaq: Which Stock Looks Stronger in 2026?

Aon holds the cleaner structural position, with valuation as the main driver and profitability adding further support. The market setup is currently leaning toward Nasdaq, which does not confirm the structural lead. That leaves a split case: the structural lead stays with Aon, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-05-17

The lead is spread across valuation and profitability, rather than sitting in one isolated gap. Aon plc leads by 13 points on the overall comparison score.

Trajectory Similarity
0.67
Moderately similar
Peer-set rank: #9
within Aon plc's functional peer set

This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.

The pair shares a valid long-term profile match, but the trajectories are not especially close.

Most of the shared profile comes through margin consistency and investment intensity.

Similarity drivers
margin consistencyinvestment intensity
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
AON
Aon plc
65
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
NDAQ
Nasdaq, Inc.
52
Peer-Score
Signal qualitylow
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: AON vs NDAQ Profitability 67 52 Stability 61 56 Valuation 83 53 Growth 41 47 AON NDAQ
Gap Ranking
#1 Valuation +30
#2 Profitability +15
#3 Growth +6
#4 Stability +5
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AON and NDAQ Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AONNDAQ Relative valuation Structural strength

Structure stays fairly close here, while current pricing still looks more supportive for Aon plc.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where AON and NDAQ each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY AON Neutral · below norm 0th 50th 100th 40 pct gap NDAQ Elevated · below norm 0th 50th 100th 53rd 94th
Today AON sits in the upper-middle of its own 5-year history (53rd percentile), while NDAQ sits higher in its own history (94th). Within each stock's own 5-year context, AON is at a historically more favourable entry position than NDAQ. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
Both profiles are strong on valuation, but Aon plc leads clearly.
Profitability
On profitability, the same pattern holds: both rank well, but Aon plc still sits higher.
Valuation — Dominant Gap
AON
83
NDAQ
53
Gap+30in favour of AON

The multiple-based pricing edge comes from a forward P/E that is 5.8 turns lower.

What keeps the gap from being one-sided

Nasdaq, Inc. still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

Valuation is the clearest driver, and profitability also supports Aon plc's broader structural position.

Explore full peer positioning in AssetNext

Break down the AON vs NDAQ comparison across all dimensions with the full interactive tool.

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Similar valuation-driven comparisons

Explore how AON and NDAQ each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.