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| Date | Value |
|---|---|
| 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% |