Aon AON
NYSE AON
$355.11 +3.18 (+0.90%)
At close: Aug 21, 2026 · 4:00 PM EDT

Aon (AON) Free Cash Flow (2009 - 2026)

Aon (AON) posted quarterly Free Cash Flow of $483.0 million for Q2 2026, down 34.02% year-over-year from $732.0 million in Q2 2025, and up 33.06% quarter-over-quarter from $363.0 million in Q1 2026.

Aon (AON) Free Cash Flow (2009 - 2026) Analysis & Trends

Aon's Free Cash Flow history runs 18 years deep, the most recent figure standing at $483.0 million for Q2 2026.

  • In Q2 2026, Free Cash Flow fell 34.02% year-over-year to $483.0 million; the TTM figure through Jun 2026 stood at $3.2 billion (up 11.54% YoY), while the FY2025 annual figure was $3.2 billion, up 14.24% from the prior year.
  • Free Cash Flow for Q2 2026 stood at $483.0 million, up from $363.0 million in the prior quarter.
  • The five-year high for Free Cash Flow was $1.3 billion in Q4 2025, with the low at $84.0 million in Q1 2025.
  • The 5-year median for Free Cash Flow is $677.5 million (2022), against an average of $727.1 million.
  • The sharpest annual moves came in 2022 and 2025: Free Cash Flow soared 884.13% in 2022, then tumbled 67.82% in 2025.
  • Aon's Free Cash Flow stood at $972.0 million in 2022, then grew by 24.69% to $1.2 billion in 2023, then slipped by 5.53% to $1.1 billion in 2024, then grew by 15.55% to $1.3 billion in 2025, then slumped by 63.49% to $483.0 million in 2026.
  • Business Quant data shows AON's Free Cash Flow at $483.0 million in Q2 2026, $363.0 million in Q1 2026, and $1.3 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 XChange TEC.INC 265.99 Bn 265.99 Bn - -
2 Marsh & Mclennan Companies 92.14 Bn 79.94 Bn 6.04 Bn 1.49 Bn
3 Aon 75.64 Bn 74.37 Bn - 483.00 Mn
4 Arthur J. Gallagher 67.55 Bn 66.16 Bn - -41.00 Mn
5 Willis Towers Watson 32.13 Bn 30.47 Bn 2.09 Bn 425.00 Mn
6 Brown & Brown 23.98 Bn 23.06 Bn 1.41 Bn 329.00 Mn
7 Erie Indemnity 12.29 Bn 11.94 Bn - 173.40 Mn
8 Neptune Insurance Holdings 4.61 Bn 4.59 Bn - 25.64 Mn
9 Accelerant Holdings 4.28 Bn 2.62 Bn 285.20 Mn -81.80 Mn
10 Corvel 3.60 Bn 3.25 Bn - -

Historic Data

Download Data
DateValue
Jun 30, 2026 483.00 Mn
Jun 30, 2026 483.00 Mn
Mar 31, 2026 363.00 Mn
Mar 31, 2026 363.00 Mn
Dec 31, 2025 1.32 Bn
Dec 31, 2025 1.32 Bn
Sep 30, 2025 1.08 Bn
Sep 30, 2025 1.08 Bn
Jun 30, 2025 732.00 Mn
Jun 30, 2025 732.00 Mn
Mar 31, 2025 84.00 Mn
Mar 31, 2025 84.00 Mn
Dec 31, 2024 1.15 Bn
Dec 31, 2024 1.15 Bn
Sep 30, 2024 951.00 Mn
Sep 30, 2024 951.00 Mn
Jun 30, 2024 460.00 Mn
Jun 30, 2024 460.00 Mn
Mar 31, 2024 261.00 Mn
Mar 31, 2024 261.00 Mn