Aon plc
AON Financial Insurance Brokers
Aon plc’s revenue for fiscal 2025 (year ended December 2025) was $17.2 billion, up 9.45% from fiscal 2024. In the quarter to June 2026, revenue grew 2.19%, EPS fell 3.73%, free cash flow fell 34.0% and total debt fell 13.4%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five; insiders bought in the last twelve months.
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Aon plc (AON) Price to free cash flow
As of 16 October 2026, Aon plc (AON) trades at a price to free cash flow of 19.2×. Over the past ten years it has ranged from 12.9× (October 2015) to 88.5× (September 2018); the current reading is higher than 30% of that period. That is below the Insurance Brokers industry median of 21.0× and above the Financial sector median of 9.9×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 23.7× | (12.16%) |
| FY2024 | 27.0× | 46.37% |
| FY2023 | 18.4× | (12.18%) |
| FY2022 | 21.0× | (36.51%) |
| FY2021 | 33.0× | 78.09% |
| FY2020 | 18.5× | (39.93%) |
| FY2019 | 30.9× | 25.23% |
| FY2018 | 24.6× | (60.04%) |
| FY2017 | 61.7× | 345.49% |
| FY2016 | 13.8× | (3.26%) |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 21.8× | 10.07% |
| Mar 2026 | 19.8× | (16.45%) |
| Dec 2025 | 23.7× | (6.43%) |
| Sep 2025 | 25.3× | (4.48%) |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| BRO Brown & Brown, Inc. compare | 15.8× |
| AON Aon plc | 19.2× |
| ERIE Erie Indemnity Company compare | 20.4× |
| MRSH Marsh compare | 21.6× |
| AJG Arthur J. Gallagher & Co. compare | 28.5× |
| CRVL CorVel Corp. compare | 35.6× |
| WTW Willis Towers Watson Public Limited Company compare | 38.1× |
| BWIN Baldwin Insurance Group, Inc. compare | 67.7× |
| ARX Accelerant Holdings compare | 2,396× |
| Insurance Brokers industry median | 21.0× |
| Financial sector median | 9.9× |
| Market median | 14.2× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on AON
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement