Aon (AON) Free Cash Flow (2009 - 2026)
Aon's Free Cash Flow was $483 million in Q2 2026, down 34.0% from $732 million a year earlier but up 33.1% from the prior quarter.
Powered by 
Analysis
Aon (AON) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Aon's Free Cash Flow was $3.25 billion through Jun 30, 2026, up 11.5% year-over-year; for FY2025, it came in at $3.22 billion, up 14.2% from FY2024.
- Free Cash Flow shows a five-year compound annual growth rate of 4.0% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $2.82 billion in FY2024 (-11.5%), $3.18 billion in FY2023 (+5.3%), $3.02 billion in FY2022 (+47.8%) and $2.05 billion in FY2021 (-22.6%).
- Quarterly Free Cash Flow has moved between -$126 million (Q3 2021) and $1.32 billion (Q4 2025) over five years.
- Compared with a year earlier, Free Cash Flow was higher in four of the last eight quarters, with growth averaging 38.7%.
- The best year-over-year quarter for Free Cash Flow over five years was Q1 2026 (growth of 332.1%); the worst was Q1 2025 (a decline of 67.8%).
- Per Business Quant data, AON's Free Cash Flow in the three quarters before Q2 2026 was $363 million (Q1 2026), $1.32 billion (Q4 2025) and $1.08 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.07 Bn | 80.65 Bn | 9.13 Bn | 3.73 Bn |
| 2 | Progressive | 129.71 Bn | 105.55 Bn | 9.04 Bn | 3.47 Bn |
| 3 | Marsh & Mclennan Companies | 85.23 Bn | 76.72 Bn | - | 1.45 Bn |
| 4 | Travelers Companies | 78.57 Bn | 54.82 Bn | 6.23 Bn | 1.91 Bn |
| 5 | Manulife Financial | 73.77 Bn | -21.12 Bn | - | 3.00 Bn |
| 6 | Metlife | 64.61 Bn | -42.17 Bn | 7.82 Bn | 1.94 Bn |
| 7 | Allstate | 60.51 Bn | 21.78 Bn | 8.73 Bn | 2.59 Bn |
| 8 | Arthur J. Gallagher | 59.88 Bn | 54.28 Bn | - | -41.00 Mn |
| 9 | Aflac | 58.72 Bn | 33.93 Bn | 2.27 Bn | 112.00 Mn |
| 10 | Aon | 58.62 Bn | 51.84 Bn | - | 483.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 483.00 Mn |
| Mar 31, 2026 | 363.00 Mn |
| Dec 31, 2025 | 1.32 Bn |
| Sep 30, 2025 | 1.08 Bn |
| Jun 30, 2025 | 732.00 Mn |
| Mar 31, 2025 | 84.00 Mn |
| Dec 31, 2024 | 1.15 Bn |
| Sep 30, 2024 | 951.00 Mn |
| Jun 30, 2024 | 460.00 Mn |
| Mar 31, 2024 | 261.00 Mn |
| Dec 31, 2023 | 1.21 Bn |
| Sep 30, 2023 | 985.00 Mn |
| Jun 30, 2023 | 619.00 Mn |
| Mar 31, 2023 | 367.00 Mn |
| Dec 31, 2022 | 972.00 Mn |
| Sep 30, 2022 | 988.00 Mn |
| Jun 30, 2022 | 623.00 Mn |
| Mar 31, 2022 | 440.00 Mn |
| Dec 31, 2021 | 896.00 Mn |
| Sep 30, 2021 | -126.00 Mn |
API Access
Aon Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=AON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "AON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=AON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();