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

Aon (AON) recorded quarterly FCF Payout Ratio of 0.45 in Q1 2026, up 266.73% quarter-over-quarter from 0.12 in Q4 2025, and down 74.5% on a YoY basis from 1.75 in Q1 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.

  • In Q1 2026, FCF Payout Ratio fell 74.5% year-over-year to 0.45; the TTM figure through Mar 2026 stood at 0.18 (down 17.03% YoY), while the FY2025 annual figure was 0.2, down 2.03% from the prior year.
  • FCF Payout Ratio was 0.45 for Q1 2026 at Aon, up from 0.12 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 1.75 in Q1 2025 to a low of 0.18 in Q3 2022.
  • Historically, FCF Payout Ratio has averaged 0.3 across 5 years, with a median of 0.2 in 2023.
  • The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio tumbled 76.89% in 2022, then jumped 960.57% in 2023.
  • A 5-year view of FCF Payout Ratio shows it stood at 0.42 in 2022, then sank by 76.12% 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.
  • 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 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn -0.02
2 Aon 69.98 Bn 68.59 Bn - 0.45
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 0.20
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn -1.43
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 0.24
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - -
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn -
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn -0.05
10 Baldwin Insurance 1.62 Bn 2.07 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 0.42
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