Aon (AON) Free Cash Flow (2009 - 2026)
Aon (AON) recorded quarterly Free Cash Flow of $363.0 million in Q1 2026, down 72.56% quarter-over-quarter from $1.3 billion in Q4 2025, and up 332.14% on a YoY basis from $84.0 million in Q1 2025.
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 $363.0 million for Q1 2026.
- In Q1 2026, Free Cash Flow rose 332.14% year-over-year to $363.0 million; the TTM figure through Mar 2026 stood at $3.5 billion (up 32.46% YoY), while the FY2025 annual figure was $3.2 billion, up 14.24% from the prior year.
- Free Cash Flow was $363.0 million for Q1 2026 at Aon, down from $1.3 billion in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $1.3 billion in Q4 2025 to a low of $84.0 million in Q1 2025.
- Historically, Free Cash Flow has averaged $741.4 million across 5 years, with a median of $732.0 million in 2025.
- The sharpest annual moves came in 2022 and 2025: Free Cash Flow jumped 884.13% in 2022, then plunged 67.82% in 2025.
- A 5-year view of Free Cash Flow shows it stood at $972.0 million in 2022, then increased by 24.69% to $1.2 billion in 2023, then dropped by 5.53% to $1.1 billion in 2024, then increased by 15.55% to $1.3 billion in 2025, then plunged 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) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | -750.00 Mn |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | 363.00 Mn |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | 921.00 Mn |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | -65.00 Mn |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | 241.00 Mn |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | - |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | 15.60 Mn |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | 46.14 Mn |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | -28.10 Mn |
| 10 | Baldwin Insurance | 1.62 Bn | 2.07 Bn | - | -18.74 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 |