aaon inc. - AAON

AAON

Close Chg Chg %
83.97 -6.04 -7.19%

Closed Market

77.93

-6.04 (7.19%)

Volume: 1.08M

Last Updated:

Dec 12, 2025, 4:00 PM EDT

Company Overview: aaon inc. - AAON

AAON Key Data

Open

$84.11

Day Range

77.54 - 84.40

52 Week Range

62.00 - 137.90

Market Cap

$6.74B

Shares Outstanding

81.63M

Public Float

67.58M

Beta

1.06

Rev. Per Employee

N/A

P/E Ratio

69.71

EPS

$1.23

Yield

47.64%

Dividend

$0.10

EX-DIVIDEND DATE

Nov 26, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

883.02K

 

AAON Performance

1 Week
 
-10.97%
 
1 Month
 
-17.13%
 
3 Months
 
-5.17%
 
1 Year
 
-40.66%
 
5 Years
 
81.74%
 

AAON Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 6
Full Ratings ➔

About aaon inc. - AAON

AAON, Inc. engages in the engineering, manufacturing, marketing and sale of air conditioning and heating equipment. It operates through the following segments: Units, Parts-External, Parts-Internal, and Other. Its products include air handling units, self contained units, packaged rooftop units, geothermal heat units, controls, and coils. The company was founded by Norman H. Asbjornson on August 18, 1987 and is headquartered in Tulsa, OK.

AAON At a Glance

AAON, Inc.
2425 South Yukon Avenue
Tulsa, Oklahoma 74107-9034
Phone 1-918-583-2266 Revenue 1.20B
Industry Industrial Machinery Net Income 168.56M
Sector Producer Manufacturing 2024 Sales Growth 2.749%
Fiscal Year-end 12 / 2025 Employees 4,812
View SEC Filings

AAON Valuation

P/E Current 69.708
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 58.387
Price to Sales Ratio 8.197
Price to Book Ratio 11.622
Price to Cash Flow Ratio 51.29
Enterprise Value to EBITDA 36.843
Enterprise Value to Sales 8.347
Total Debt to Enterprise Value 0.019

AAON Efficiency

Revenue/Employee 249,508.52
Income Per Employee 35,028.886
Receivables Turnover 4.184
Total Asset Turnover 1.084

AAON Liquidity

Current Ratio 2.791
Quick Ratio 1.72
Cash Ratio 0.037

AAON Profitability

Gross Margin 31.364
Operating Margin 17.415
Pretax Margin 17.207
Net Margin 14.039
Return on Assets 15.212
Return on Equity 21.613
Return on Total Capital 16.662
Return on Invested Capital 18.843

AAON Capital Structure

Total Debt to Total Equity 22.687
Total Debt to Total Capital 18.492
Total Debt to Total Assets 15.181
Long-Term Debt to Equity 20.446
Long-Term Debt to Total Capital 16.665
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Aaon Inc. - AAON

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
534.52M 888.79M 1.17B 1.20B
Sales Growth
+3.88% +66.28% +31.47% +2.75%
Cost of Goods Sold (COGS) incl D&A
399.61M 659.27M 783.26M 824.07M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
30.42M 35.43M 46.79M 62.92M
Depreciation
30.17M 31.83M 41.46M 54.19M
Amortization of Intangibles
246.00K 3.60M 5.33M 8.73M
COGS Growth
+10.79% +64.98% +18.81% +5.21%
Gross Income
134.91M 229.52M 385.26M 376.57M
Gross Income Growth
-12.31% +70.13% +67.85% -2.26%
Gross Profit Margin
+25.24% +25.82% +32.97% +31.36%
2021 2022 2023 2024 5-year trend
SG&A Expense
59.32M 94.28M 141.61M 150.75M
Research & Development
16.60M 46.80M 43.70M 47.30M
Other SG&A
42.72M 47.48M 97.91M 103.44M
SGA Growth
+14.37% +58.92% +50.21% +6.45%
Other Operating Expense
6.35M 8.50M 16.16M 16.73M
Unusual Expense
- - - -
-
EBIT after Unusual Expense
69.23M 126.75M 227.48M 209.09M
Non Operating Income/Expense
82.00K 411.00K 516.00K 401.00K
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
132.00K 2.63M 4.84M 2.90M
Interest Expense Growth
- +1,890.15% +84.35% -40.02%
Gross Interest Expense
132.00K 2.63M 4.84M 2.90M
Interest Capitalized
- - - -
-
Pretax Income
69.18M 124.53M 223.15M 206.59M
Pretax Income Growth
-32.16% +80.01% +79.19% -7.42%
Pretax Margin
+12.94% +14.01% +19.10% +17.21%
Income Tax
10.42M 24.16M 45.53M 38.03M
Income Tax - Current - Domestic
6.75M 37.49M 52.06M 44.64M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
3.67M (13.33M) (6.53M) (6.61M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
58.76M 100.38M 177.62M 168.56M
Minority Interest Expense
- - - -
-
Net Income
58.76M 100.38M 177.62M 168.56M
Net Income Growth
-25.63% +70.83% +76.96% -5.10%
Net Margin Growth
+10.99% +11.29% +15.20% +14.04%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
58.76M 100.38M 177.62M 168.56M
Preferred Dividends
- - - -
-
Net Income Available to Common
58.76M 100.38M 177.62M 168.56M
EPS (Basic)
0.7475 1.2613 2.1887 2.0689
EPS (Basic) Growth
-25.97% +68.74% +73.53% -5.47%
Basic Shares Outstanding
78.61M 79.58M 81.16M 81.47M
EPS (Diluted)
0.7291 1.237 2.1324 2.0155
EPS (Diluted) Growth
-26.55% +69.66% +72.38% -5.48%
Diluted Shares Outstanding
80.59M 81.15M 83.30M 83.63M
EBITDA
99.65M 162.18M 274.27M 272.02M
EBITDA Growth
-17.64% +62.75% +69.12% -0.82%
EBITDA Margin
+18.64% +18.25% +23.47% +22.66%

Snapshot

Average Recommendation BUY Average Target Price 105.00
Number of Ratings 6 Current Quarters Estimate 0.45
FY Report Date 12 / 2025 Current Year's Estimate 1.41
Last Quarter’s Earnings 0.37 Median PE on CY Estimate N/A
Year Ago Earnings 2.02 Next Fiscal Year Estimate 1.997
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 6 4 6 6
Mean Estimate 0.45 0.44 1.41 2.00
High Estimates 0.51 0.52 1.47 2.07
Low Estimate 0.39 0.34 1.35 1.93
Coefficient of Variance 8.55 16.94 2.73 2.64

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 5 5 6
OVERWEIGHT 1 1 1
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Aaon Inc. - AAON

Date Name Shares Transaction Value
Sep 16, 2025 Matthew Shaub Executive Vice President 1,783 Open market or private purchase of non-derivative security Non-derivative transaction at $81.7 per share 145,671.10
Sep 4, 2025 Christopher D. Eason N/A Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 0.00
Sep 4, 2025 Christopher D. Eason N/A Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 0.00
Sep 4, 2025 Christopher D. Eason N/A Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 0.00
Sep 4, 2025 Christopher D. Eason 4,077 Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 0.00
Jun 4, 2025 Casey R. Kidwell Chief Administration Officer 11,315 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $96.29 per share 1,089,521.35
May 22, 2025 Doug Wichman 24,250 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 22, 2025 Doug Wichman 28,754 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $27.58 per share 793,035.32
May 22, 2025 Doug Wichman 8,754 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $104.58 per share 915,493.32
May 22, 2025 Doug Wichman 10,056 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $21.58 per share 217,008.48
May 22, 2025 Doug Wichman 8,754 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $105.75 per share 925,735.50
May 22, 2025 Doug Wichman 8,754 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $104.47 per share 914,530.38
May 22, 2025 Doug Wichman N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 9, 2025 Gary D. Fields CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 9, 2025 Gary D. Fields CEO; Director 26,491 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $98.66 per share 2,613,602.06
May 9, 2025 Gary D. Fields CEO; Director 34,848 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $95.57 per share 3,330,423.36
May 9, 2025 Gary D. Fields CEO; Director 63,714 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $98.29 per share 6,262,449.06
May 9, 2025 Gary D. Fields CEO; Director 87,991 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $98.04 per share 8,626,637.64
May 9, 2025 Gary D. Fields CEO; Director 100,903 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $29.48 per share 2,974,620.44
Mar 17, 2025 David R. Stewart Director 3,000 Open market or private purchase of non-derivative security Non-derivative transaction at $80.86 per share 242,580.00

Aaon Inc. in the News