AAONNasdaqAir-Cond & Warm Air Heatg Equip & Comm & Indl Refrig EquipFiscal year ends December 31
AAON, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$75.34+1.61 (+2.18%)
Close on Oct 19, 2026
- Market cap
- $6.31B
- P/E (TTM)
- 39.2
- Dividend yield
- 0.53%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
26.7%−3.5 pts over 5 years
Operating margin
10.1%−9.6 pts over 5 years
Net margin
7.5%−7.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +20.1% | +17.5% | +22.9% | +14.9% | |
| Gross profit | -2.9% | +17.5% | +19.9% | +13.5% | |
| Operating income | -30.1% | +4.9% | +7.5% | +7.4% | |
| Net income | -36.2% | +2.3% | +6.4% | +8.9% | |
| EPS, diluted | -36.1% | +1.3% | +5.4% | +8.7% | |
| Dividend per share | +25.0% | +11.3% | +9.6% | +10.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | 21.8% | 19.3% | 7.5% | |
| Current ratio | 3.61 | 3.73 | 2.63 | |
| Inventory turnover | 6.2× | 4.6× | 4.7× | |
| Capex to revenue | 6.9% | 13.2% | – | |
| Diluted shares | 80M | 80M | 83M |
Cash use needs five years of cash flow figures
AAON does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$107.59M
- Cash generatingOperating cash flow above zero$534.00K
- Return on assets improvedROA up on the prior year17.9% → 9.2%
- Earnings backed by cashOperating cash flow above net income$534.00K vs $107.59M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.79 → 2.63
- No dilutionShare count did not rise84M → 83M
- Gross margin improvedGross margin up on the prior year33.07% → 26.75%
- More efficientAsset turnover rose1.28 → 1.23