Growth Metrics

Aon (AON) FCF Payout Ratio (2009 - 2026)

Aon's quarterly FCF Payout Ratio came in at 0.45 in Q1 2026, down 74.5% year-on-year from 1.75 in Q1 2025, and up 266.73% quarter-over-quarter from 0.12 in Q4 2025.

Aon has reported FCF Payout Ratio for 18 years, with the latest figure at 0.45 in Q1 2026.

  • For the quarter ending Q1 2026, FCF Payout Ratio fell 74.5% year-over-year to 0.45; the trailing twelve-month figure through Mar 2026 stood at 0.18 (down 17.03% YoY), and the FY2025 full-year result was 0.2, down 2.03% from the prior year.
  • FCF Payout Ratio for Q1 2026 stood at 0.45, up from 0.12 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 1.75 in Q1 2025, with the low at 0.18 in Q3 2022.
  • Average FCF Payout Ratio over 5 years is 0.3, with a median of 0.2 recorded in 2023.
  • Year-over-year, FCF Payout Ratio tumbled 76.89% in 2022 and soared 960.57% in 2023.
  • Tracing AON's FCF Payout Ratio over 5 years: stood at 0.42 in 2022, then plunged by 76.12% to 0.1 in 2023, then rose by 25.64% to 0.13 in 2024, then declined by 4.56% to 0.12 in 2025, then soared by 266.73% to 0.45 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.45 (Q1 2026), 0.12 (Q4 2025), and 0.15 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Aon 69.60 Bn 68.21 Bn - 0.45
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - 0.20
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn -1.43
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 0.24
5 XChange TEC.INC 6.95 Bn 6.95 Bn - -
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn -0.05
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn -
8 Baldwin Insurance 1.84 Bn 2.28 Bn - -
9 Goosehead Insurance 1.01 Bn 899.53 Mn - -
10 Twfg 279.02 Mn 351.22 Mn - 0.33

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.45
Dec 31, 2025 0.12
Sep 30, 2025 0.15
Jun 30, 2025 0.22
Mar 31, 2025 1.75
Dec 31, 2024 0.13
Sep 30, 2024 0.15
Jun 30, 2024 0.32
Mar 31, 2024 0.47
Dec 31, 2023 0.10
Sep 30, 2023 0.13
Jun 30, 2023 0.20
Mar 31, 2023 0.31
Dec 31, 2022 0.42
Sep 30, 2022 -0.18
Jun 30, 2022 0.35
Mar 31, 2022 0.03
Dec 31, 2021 0.13
Sep 30, 2021 -0.92
Jun 30, 2021 0.20
Mar 31, 2021 0.13
Dec 31, 2020 -0.37
Sep 30, 2020 0.13
Jun 30, 2020 0.12
Mar 31, 2020 0.37
Dec 31, 2019 -0.33
Sep 30, 2019 0.14
Jun 30, 2019 0.45
Mar 31, 2019 5.65
Dec 31, 2018 -0.38
Sep 30, 2018 0.55
Jun 30, 2018 0.07
Dec 31, 2017 0.05
Sep 30, 2017 0.85
Jun 30, 2017 0.85
Mar 31, 2017 0.01
Dec 31, 2016 0.44
Sep 30, 2016 0.02
Jun 30, 2016 -0.05
Mar 31, 2016 0.77
Dec 31, 2015 0.11
Sep 30, 2015 0.34
Jun 30, 2015 -0.24
Mar 31, 2015 0.30
Dec 31, 2014 0.08
Sep 30, 2014 0.39
Jun 30, 2014 0.04
Mar 31, 2014 0.02
Dec 31, 2013 0.28
Sep 30, 2013 0.02
Jun 30, 2013 -0.18
Mar 31, 2013 -8.33
Dec 31, 2012 0.02
Sep 30, 2012 0.02
Jun 30, 2012 0.02
Mar 31, 2012 -0.01
Dec 31, 2011 0.06
Sep 30, 2011 0.05
Jun 30, 2011 -0.20
Mar 31, 2011 0.52
Dec 31, 2010 -0.07
Sep 30, 2010 0.50
Jun 30, 2010 0.11
Mar 31, 2010 0.09
Dec 31, 2009 -0.35
Sep 30, 2009 0.80
Jun 30, 2009 -0.09
Mar 31, 2009 0.08