Aon plc (AON) FCF Payout Ratio: 18.79%
Is Aon plc’s FCF payout ratio high or low?
Aon plc's FCF payout ratio of 18.79% is in line with its 5-year average of 17.94%, around the middle of its 5-year range (15.32%–21.86%).
The FCF payout ratio for Aon plc (AON) is 18.79%. It is below its 12-month average by 4.85% (19.75%).
AON FCF Payout Ratio Chart
AON Average FCF Payout Ratio Chart
AON Current vs Average FCF Payout Ratio Chart
AON FCF Payout Ratio Metrics
FCF PAYOUT RATIO
18.79%
FCF PAYOUT RATIO AVG TTM
19.75%
FCF PAYOUT RATIO AVG 3Y
17.54%
FCF PAYOUT RATIO AVG 5Y
17.94%
FCF PAYOUT RATIO AVG 10Y
23.71%
FCF PAYOUT RATIO AVG 15Y
23.20%
FCF PAYOUT RATIO AVG 20Y
25.03%
CURRENT VS TTM AVG
-4.85%
CURRENT VS 3Y AVG
+7.10%
CURRENT VS 5Y AVG
+4.75%
CURRENT VS 10Y AVG
-20.74%
CURRENT VS 15Y AVG
-19.00%
CURRENT VS 20Y AVG
-24.93%
Payout Ratio Comparison
FCF Payout Ratio
18.8%
Earnings Payout Ratio
17.8%
Dividend Yield
0.90%
FCF Yield
4.78%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $3.22B | $629.00M | 19.5% |
| 2024 | $2.82B | $562.00M | 20.0% |
| 2023 | $3.18B | $489.00M | 15.4% |
| 2022 | $3.02B | $463.00M | 15.3% |
| 2021 | $2.04B | $447.00M | 21.9% |
| 2020 | $2.64B | $412.00M | 15.6% |
| 2019 | $1.61B | $410.00M | 25.5% |
| 2018 | $1.45B | $382.00M | 26.4% |
| 2017 | $551.00M | $364.00M | 66.1% |
| 2016 | $2.10B | $345.00M | 16.4% |
| 2015 | $1.72B | $323.00M | 18.8% |
| 2014 | $1.39B | $273.00M | 19.7% |
| 2013 | $1.40B | $212.00M | 15.1% |
| 2012 | $1.15B | $204.00M | 17.7% |
| 2011 | $777.00M | $200.00M | 25.7% |
| 2010 | $607.00M | $195.00M | 32.1% |
| 2009 | $235.00M | $165.00M | 70.2% |
| 2008 | $856.00M | $171.00M | 20.0% |
| 2007 | $1.12B | $176.00M | 15.7% |
| 2006 | $816.00M | $189.00M | 23.2% |
| 2005 | $760.00M | $193.00M | 25.4% |
| 2004 | $1.10B | $192.00M | 17.4% |
| 2003 | $1.13B | $190.00M | 16.9% |
| 2002 | $964.00M | $233.00M | 24.2% |
| 2001 | $278.00M | $241.00M | 86.7% |
| 2000 | $560.00M | $226.00M | 40.4% |
| 1999 | $191.00M | $210.00M | 109.9% |
| 1998 | $564.00M | $194.00M | 34.4% |
| 1997 | ($1.01B) | $182.10M | N/A (Loss) |
| 1996 | $279.80M | $172.90M | 61.8% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Aon plc FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Aon plc FCF Payout Ratio FAQ
- What is the FCF payout ratio for Aon plc (AON)?
- The FCF payout ratio for AON stock is 18.79%.
- Is Aon plc's FCF payout ratio high or low?
- Aon plc's FCF payout ratio of 18.79% is in line with its 5-year average of 17.94%, around the middle of its 5-year range (15.32%–21.86%).
- What is the TTM average FCF payout ratio for Aon plc (AON)?
- The TTM average FCF payout ratio for AON stock is 19.75%.
- What is the 3Y average FCF payout ratio for Aon plc (AON)?
- The 3Y average FCF payout ratio for AON stock is 17.54%.
- What is the 5Y average FCF payout ratio for Aon plc (AON)?
- The 5Y average FCF payout ratio for AON stock is 17.94%.
- What is the 10Y average FCF payout ratio for Aon plc (AON)?
- The 10Y average FCF payout ratio for AON stock is 23.71%.
- What is the 15Y average FCF payout ratio for Aon plc (AON)?
- The 15Y average FCF payout ratio for AON stock is 23.20%.
- What is the 20Y average FCF payout ratio for Aon plc (AON)?
- The 20Y average FCF payout ratio for AON stock is 25.03%.
Aon plc FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 19.55% |
| 2024-12-31 | 19.95% |
| 2023-12-31 | 15.36% |
| 2022-12-31 | 15.32% |
| 2021-12-31 | 21.86% |
| 2020-12-31 | 15.59% |
| 2019-12-31 | 25.47% |
| 2018-12-31 | 26.42% |
| 2017-12-31 | 66.06% |
| 2016-12-31 | 16.40% |
| 2015-12-31 | 18.79% |
| 2014-12-31 | 19.70% |
| 2013-12-31 | 15.10% |
| 2012-12-31 | 17.74% |
| 2011-12-31 | 25.74% |
| 2010-12-31 | 32.13% |
| 2009-12-31 | 70.21% |
| 2008-12-31 | 19.98% |
| 2007-12-31 | 15.73% |
| 2006-12-31 | 23.16% |
| 2005-12-31 | 25.39% |
| 2004-12-31 | 17.39% |
| 2003-12-31 | 16.86% |
| 2002-12-31 | 24.17% |
| 2001-12-31 | 86.69% |
| 2000-12-31 | 40.36% |
| 1999-12-31 | 109.95% |
| 1998-12-31 | 34.40% |
| 1996-12-31 | 61.79% |
About Aon plc
Aon plc is a global professional services firm that delivers expert advice and innovative solutions across the key areas of risk, retirement, and health. Its comprehensive commercial risk offerings include retail brokerage, cybersecurity consulting, global risk management strategies, and the administration of captive insurance programs. For health-related needs, Aon provides brokerage services for benefits and operates health care exchanges. The company is also active in the capital markets, specializing in treaty and facultative reinsurance, insurance-linked securities, and corporate finance advisory services such as capital raising, strategic guidance, restructuring, and mergers and acquisitions support. Additionally, Aon consults on the design and management of retirement programs, furnishes actuarial services, and advises on investment strategies for a wide array of plan types, including defined benefit and defined contribution plans, endowments, and foundations, for both public and private sector clients. The firm further extends its services through specific brands like CoverWallet, Affinity, Aon Inpoint, and ReView. Established in 1919, Aon plc's corporate headquarters are located in Dublin, Ireland.
- Sector
- Financial Services
- Industry
- Insurance - Brokers
- CEO
- Gregory Clarence Case