Aon (AON) Free Cash Flow (2009 - 2026)
Aon's (AON) 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 (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.
- On a quarterly basis, Free Cash Flow rose 332.14% year-over-year to $363.0 million in Q1 2026; TTM through Mar 2026 was $3.5 billion, a 32.46% increase from a year earlier, with the FY2025 full-year figure at $3.2 billion, up 14.24% from the prior year.
- Free Cash Flow declined to $363.0 million in Q1 2026 per AON's latest filing, from $1.3 billion in the prior quarter.
- Across five years, Free Cash Flow topped out at $1.3 billion in Q4 2025 and bottomed at $84.0 million in Q1 2025.
- The 5-year median for Free Cash Flow is $732.0 million (2025), against an average of $741.4 million.
- Across the five-year window, Free Cash Flow soared 884.13% in 2022 and plunged 67.82% in 2025, its largest moves.
- Year by year, Free Cash Flow 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 slumped by 72.56% to $363.0 million in 2026.
- Per Business Quant, the three latest AON Free Cash Flow figures stand at $363.0 million (Q1 2026), $1.3 billion (Q4 2025), and $1.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 84.27 Bn | 72.32 Bn | 6.04 Bn | 1.49 Bn |
| 2 | Aon | 75.99 Bn | 74.60 Bn | - | 363.00 Mn |
| 3 | Arthur J. Gallagher | 62.23 Bn | 60.85 Bn | - | 921.00 Mn |
| 4 | Willis Towers Watson | 27.24 Bn | 25.46 Bn | 1.98 Bn | -65.00 Mn |
| 5 | Brown & Brown | 23.60 Bn | 22.62 Bn | 1.61 Bn | 241.00 Mn |
| 6 | Neptune Insurance Holdings | 4.12 Bn | 4.11 Bn | 26.44 Mn | 15.60 Mn |
| 7 | Accelerant Holdings | 3.06 Bn | 1.55 Bn | 48.00 Mn | -28.10 Mn |
| 8 | Corvel | 3.03 Bn | 2.68 Bn | 54.92 Mn | 46.14 Mn |
| 9 | Baldwin Insurance | 2.43 Bn | 2.87 Bn | - | -18.74 Mn |
| 10 | Goosehead Insurance | 1.31 Bn | 1.20 Bn | - | 10.12 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 |