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

Aon's (AON) 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 (AON) FCF Payout Ratio (2009 - 2026) Analysis & Trends

Aon's FCF Payout Ratio history runs 18 years deep, the most recent figure standing at 0.45 for Q1 2026.

  • On a quarterly basis, FCF Payout Ratio fell 74.5% year-over-year to 0.45 in Q1 2026; TTM through Mar 2026 was 0.18, a 17.03% decrease from a year earlier, with the FY2025 full-year figure at 0.2, down 2.03% from the prior year.
  • FCF Payout Ratio improved to 0.45 in Q1 2026 per AON's latest filing, from 0.12 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 1.75 in Q1 2025 and bottomed at 0.12 in Q2 2022.
  • The 5-year median for FCF Payout Ratio is 0.2 (2023), against an average of 0.3.
  • Across the five-year window, FCF Payout Ratio slumped 644.13% in 2022 and surged 273.72% in 2023, its largest moves.
  • Year by year, FCF Payout Ratio stood at 0.12 in 2022, then decreased by 14.96% to 0.1 in 2023, then increased by 25.64% to 0.13 in 2024, then dropped by 4.56% to 0.12 in 2025, then surged by 266.73% to 0.45 in 2026.
  • Per Business Quant, the three latest AON FCF Payout Ratio figures stand at 0.45 (Q1 2026), 0.12 (Q4 2025), and 0.15 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Marsh & Mclennan Companies 84.27 Bn 72.32 Bn 6.04 Bn 0.04
2 Aon 75.99 Bn 74.60 Bn - 0.45
3 Arthur J. Gallagher 62.23 Bn 60.85 Bn - 0.20
4 Willis Towers Watson 27.24 Bn 25.46 Bn 1.98 Bn -1.43
5 Brown & Brown 23.60 Bn 22.62 Bn 1.61 Bn 0.24
6 Neptune Insurance Holdings 4.12 Bn 4.11 Bn 26.44 Mn -
7 Accelerant Holdings 3.06 Bn 1.55 Bn 48.00 Mn -0.17
8 Corvel 3.03 Bn 2.68 Bn 54.92 Mn -
9 Baldwin Insurance 2.43 Bn 2.87 Bn - -
10 Goosehead Insurance 1.31 Bn 1.20 Bn - -

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 0.12
Sep 30, 2022 0.31
Jun 30, 2022 -0.12
Mar 31, 2022 0.25
Dec 31, 2021 0.13
Sep 30, 2021 -1.99
Jun 30, 2021 0.02