Aon (AON) Free Cash Flow (2009 - 2026)
Aon's quarterly Free Cash Flow came in at $363.0 million in Q1 2026, up 332.14% year-on-year from $84.0 million in Q1 2025, and down 72.56% quarter-over-quarter from $1.3 billion in Q4 2025.
Aon has reported Free Cash Flow for 18 years, with the latest figure at $363.0 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 332.14% year-over-year to $363.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.5 billion (up 32.46% YoY), and the FY2025 full-year result was $3.2 billion, up 14.24% from the prior year.
- Free Cash Flow for Q1 2026 stood at $363.0 million, down from $1.3 billion 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.
- Average Free Cash Flow over 5 years is $741.4 million, with a median of $732.0 million recorded in 2025.
- Year-over-year, Free Cash Flow soared 884.13% in 2022 and plunged 67.82% in 2025.
- Tracing AON's Free Cash Flow over 5 years: stood at $972.0 million in 2022, then rose by 24.69% to $1.2 billion in 2023, then declined by 5.53% to $1.1 billion in 2024, then rose by 15.55% to $1.3 billion in 2025, then tumbled by 72.56% to $363.0 million in 2026.
- The last three Free Cash Flow figures came in at $363.0 million (Q1 2026), $1.3 billion (Q4 2025), and $1.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 363.00 Mn |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 921.00 Mn |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | -65.00 Mn |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 241.00 Mn |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | -28.10 Mn |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 46.14 Mn |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | -18.74 Mn |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 17.17 Mn |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 22.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 1.21 Bn |
| Dec 31, 2023 | 1.21 Bn |
| Sep 30, 2023 | 985.00 Mn |
| Sep 30, 2023 | 985.00 Mn |
| Jun 30, 2023 | 619.00 Mn |
| Jun 30, 2023 | 619.00 Mn |
| Mar 31, 2023 | 367.00 Mn |
| Mar 31, 2023 | 367.00 Mn |
| Dec 31, 2022 | 972.00 Mn |
| Dec 31, 2022 | 972.00 Mn |
| Sep 30, 2022 | 988.00 Mn |
| Sep 30, 2022 | 988.00 Mn |
| Jun 30, 2022 | 623.00 Mn |
| Jun 30, 2022 | 623.00 Mn |
| Mar 31, 2022 | 440.00 Mn |
| Mar 31, 2022 | 440.00 Mn |
| Dec 31, 2021 | 896.00 Mn |
| Dec 31, 2021 | 896.00 Mn |
| Sep 30, 2021 | -126.00 Mn |
| Sep 30, 2021 | -126.00 Mn |
| Jun 30, 2021 | 743.00 Mn |
| Jun 30, 2021 | 743.00 Mn |
| Mar 31, 2021 | 532.00 Mn |
| Mar 31, 2021 | 532.00 Mn |
| Dec 31, 2020 | 738.00 Mn |
| Dec 31, 2020 | 738.00 Mn |
| Sep 30, 2020 | 774.00 Mn |
| Sep 30, 2020 | 774.00 Mn |
| Jun 30, 2020 | 851.00 Mn |
| Jun 30, 2020 | 851.00 Mn |
| Mar 31, 2020 | 279.00 Mn |
| Mar 31, 2020 | 279.00 Mn |
| Dec 31, 2019 | 614.00 Mn |
| Dec 31, 2019 | 614.00 Mn |
| Sep 30, 2019 | 741.00 Mn |
| Sep 30, 2019 | 741.00 Mn |
| Jun 30, 2019 | 238.00 Mn |
| Jun 30, 2019 | 238.00 Mn |
| Mar 31, 2019 | 17.00 Mn |
| Mar 31, 2019 | 17.00 Mn |
| Dec 31, 2018 | 650.00 Mn |
| Dec 31, 2018 | 650.00 Mn |
| Sep 30, 2018 | 494.00 Mn |
| Sep 30, 2018 | 494.00 Mn |
| Jun 30, 2018 | 207.00 Mn |
| Jun 30, 2018 | 207.00 Mn |
| Mar 31, 2018 | 95.00 Mn |
| Mar 31, 2018 | 95.00 Mn |
| Dec 31, 2017 | 323.00 Mn |
| Dec 31, 2017 | 323.00 Mn |
| Sep 30, 2017 | -190.00 Mn |
| Sep 30, 2017 | -190.00 Mn |
| Jun 30, 2017 | 212.00 Mn |
| Jun 30, 2017 | 212.00 Mn |
| Mar 31, 2017 | 206.00 Mn |
| Mar 31, 2017 | 206.00 Mn |
| Dec 31, 2016 | 628.00 Mn |
| Dec 31, 2016 | 628.00 Mn |
| Sep 30, 2016 | 556.00 Mn |
| Sep 30, 2016 | 556.00 Mn |
| Jun 30, 2016 | 382.00 Mn |
| Jun 30, 2016 | 382.00 Mn |
| Mar 31, 2016 | 107.00 Mn |
| Mar 31, 2016 | 107.00 Mn |
| Dec 31, 2015 | 739.00 Mn |
| Dec 31, 2015 | 739.00 Mn |
| Sep 30, 2015 | 634.00 Mn |
| Sep 30, 2015 | 634.00 Mn |
| Jun 30, 2015 | 200.00 Mn |
| Jun 30, 2015 | 200.00 Mn |
| Mar 31, 2015 | 236.00 Mn |
| Mar 31, 2015 | 236.00 Mn |
| Dec 31, 2014 | 852.00 Mn |
| Dec 31, 2014 | 852.00 Mn |
| Sep 30, 2014 | 486.00 Mn |
| Sep 30, 2014 | 486.00 Mn |
| Jun 30, 2014 | 284.00 Mn |
| Jun 30, 2014 | 284.00 Mn |
| Mar 31, 2014 | -66.00 Mn |
| Mar 31, 2014 | -66.00 Mn |
| Dec 31, 2013 | 714.00 Mn |
| Dec 31, 2013 | 714.00 Mn |
| Sep 30, 2013 | 545.00 Mn |
| Sep 30, 2013 | 545.00 Mn |
| Jun 30, 2013 | 271.00 Mn |
| Jun 30, 2013 | 271.00 Mn |
| Mar 31, 2013 | -6.00 Mn |
| Mar 31, 2013 | -6.00 Mn |
| Dec 31, 2012 | 484.00 Mn |
| Dec 31, 2012 | 484.00 Mn |
| Sep 30, 2012 | 526.00 Mn |
| Sep 30, 2012 | 526.00 Mn |
| Jun 30, 2012 | 226.00 Mn |
| Jun 30, 2012 | 226.00 Mn |
| Mar 31, 2012 | -86.00 Mn |
| Mar 31, 2012 | -86.00 Mn |
| Dec 31, 2011 | 141.00 Mn |
| Dec 31, 2011 | 141.00 Mn |
| Sep 30, 2011 | 316.00 Mn |
| Sep 30, 2011 | 316.00 Mn |
| Jun 30, 2011 | 221.00 Mn |
| Jun 30, 2011 | 221.00 Mn |
| Mar 31, 2011 | 99.00 Mn |
| Mar 31, 2011 | 99.00 Mn |
| Dec 31, 2010 | -76.00 Mn |
| Dec 31, 2010 | -76.00 Mn |
| Sep 30, 2010 | -133.00 Mn |
| Sep 30, 2010 | -133.00 Mn |
| Jun 30, 2010 | 378.00 Mn |
| Jun 30, 2010 | 378.00 Mn |
| Mar 31, 2010 | 434.00 Mn |
| Mar 31, 2010 | 434.00 Mn |
| Dec 31, 2009 | 265.00 Mn |
| Dec 31, 2009 | 265.00 Mn |
| Sep 30, 2009 | 51.00 Mn |
| Sep 30, 2009 | 51.00 Mn |
| Jun 30, 2009 | -488.00 Mn |
| Jun 30, 2009 | -488.00 Mn |
| Mar 31, 2009 | 532.00 Mn |
| Mar 31, 2009 | 532.00 Mn |