Growth Metrics

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 🔒
DateValue
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