Aon AON
NYSE AON
$351.88 +3.46 (+0.99%)
At close: Aug 20, 2026 · 4:00 PM EDT

Aon (AON) FCF Margin (2009 - 2026)

Aon (AON) posted quarterly FCF Margin of 11.38% for Q2 2026, down 624.0% year-over-year from 2.17% in Q2 2025, and up 57.75% quarter-over-quarter from 7.21% in Q1 2026.

Aon (AON) FCF Margin (2009 - 2026) Analysis & Trends

Aon's FCF Margin history runs 18 years deep, the most recent figure standing at 11.38% for Q2 2026.

  • In Q2 2026, FCF Margin fell 624.0% year-over-year to 11.38%; the TTM figure through Jun 2026 stood at 18.48% (up 110.0% YoY), while the FY2025 annual figure was 18.73%, up 79.0% from the prior year.
  • FCF Margin for Q2 2026 stood at 11.38%, up from 7.21% in the prior quarter.
  • The five-year high for FCF Margin was 36.65% in Q3 2022, with the low at 1.78% in Q1 2025.
  • The 5-year median for FCF Margin is 20.18% (2022), against an average of 20.35%.
  • The sharpest annual moves came in 2022 and 2024: FCF Margin jumped 4131 bps in 2022, then plunged 830 bps in 2024.
  • Aon's FCF Margin stood at 31.05% in 2022, then advanced by 16 bps to 35.91% in 2023, then declined by 23 bps to 27.61% in 2024, then rose by 11 bps to 30.77% in 2025, then plunged by 63 bps to 11.38% in 2026.
  • Business Quant data shows AON's FCF Margin at 11.38% in Q2 2026, 7.21% in Q1 2026, and 30.77% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 XChange TEC.INC 279.91 Bn 279.90 Bn - -
2 Marsh & Mclennan Companies 91.40 Bn 79.19 Bn 6.04 Bn 20.14%
3 Aon 75.07 Bn 73.80 Bn - 11.38%
4 Arthur J. Gallagher 66.45 Bn 65.07 Bn - -1.02%
5 Willis Towers Watson 32.02 Bn 30.36 Bn 2.09 Bn 17.23%
6 Brown & Brown 23.72 Bn 22.80 Bn 1.41 Bn 19.63%
7 Erie Indemnity 12.11 Bn 11.77 Bn - 15.91%
8 Neptune Insurance Holdings 4.50 Bn 4.48 Bn - 45.89%
9 Accelerant Holdings 4.28 Bn 2.62 Bn 285.20 Mn -22.92%
10 Corvel 3.60 Bn 3.25 Bn - -

Historic Data

Download Data
DateValue
Jun 30, 2026 11.38%
Mar 31, 2026 7.21%
Dec 31, 2025 30.77%
Sep 30, 2025 27.00%
Jun 30, 2025 17.62%
Mar 31, 2025 1.78%
Dec 31, 2024 27.61%
Sep 30, 2024 25.56%
Jun 30, 2024 12.23%
Mar 31, 2024 6.41%
Dec 31, 2023 35.91%
Sep 30, 2023 33.36%
Jun 30, 2023 19.48%
Mar 31, 2023 9.48%
Dec 31, 2022 31.05%
Sep 30, 2022 36.65%
Jun 30, 2022 20.89%
Mar 31, 2022 11.99%
Dec 31, 2021 29.09%
Sep 30, 2021 -4.66%