Aon plcAON
NYSE•Financial Services•Insurance Brokers
Understand cash generation quality and how management allocates capital.
Free cash flow was $363.00M in the latest quarter (332.1% increase YoY). FCF margin is 2.1%. Shares outstanding declined by 1.1% year-over-year, indicating buybacks (returning capital to shareholders). Free cash flow is the lifeblood of a business — it funds dividends, buybacks, debt reduction, and reinvestment without relying on external capital.
Free cash flow, earnings quality, and capital allocation