Aon (AON) FCF Margin (2009 - 2026)
Aon (AON) posted FCF Margin of 11.38% for Q2 2026, up 57.75% on a QoQ basis from 7.21% in Q1 2026, and down 624.0% year-over-year from 2.17% in Q2 2025.
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Aon (AON) FCF Margin (2009 - 2026) Analysis & Trends
Aon has reported FCF Margin for 18 years, with the latest figure at 11.38% in Q2 2026.
- On a quarterly basis, FCF Margin fell 624.0% year-over-year to 11.38% in Q2 2026; TTM through Jun 2026 was 18.48%, a 110.0% increase from a year earlier, with the FY2025 full-year figure at 18.73%, up 79.0% from the prior year.
- FCF Margin was 11.38% for Q2 2026 at Aon, 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.
- Average FCF Margin over 5 years is 20.35%, with a median of 20.18% recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: FCF Margin soared 4131 bps in 2022, then plunged 830 bps in 2024.
- Over 5 years, FCF Margin stood at 31.05% in 2022, then grew by 16 bps to 35.91% in 2023, then retreated by 23 bps to 27.61% in 2024, then advanced by 11 bps to 30.77% in 2025, then plunged by 63 bps to 11.38% in 2026.
- The last three FCF Margin figures came in at 11.38% (Q2 2026), 7.21% (Q1 2026), and 30.77% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 88.77 Bn | 76.82 Bn | 6.04 Bn | 20.14% |
| 2 | Aon | 68.55 Bn | 67.31 Bn | - | 11.38% |
| 3 | Arthur J. Gallagher | 67.32 Bn | 65.96 Bn | - | -1.02% |
| 4 | Willis Towers Watson | 31.09 Bn | 29.51 Bn | 2.09 Bn | 17.23% |
| 5 | Brown & Brown | 23.57 Bn | 22.68 Bn | 1.41 Bn | 19.63% |
| 6 | XChange TEC.INC | 16.98 Bn | 16.98 Bn | - | - |
| 7 | Erie Indemnity | 11.68 Bn | 11.33 Bn | - | 15.91% |
| 8 | Ryan Specialty Holdings | 10.71 Bn | 11.08 Bn | - | 30.09% |
| 9 | Hagerty | 4.65 Bn | 4.78 Bn | 244.11 Mn | 45.56% |
| 10 | Neptune Insurance Holdings | 4.58 Bn | 4.56 Bn | - | 45.89% |
Historic Data
Download Data
Historic 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% |