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%
AAON statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip companies for comparison
Valuation
| Measure | AAON | Industry median |
|---|---|---|
| Market Cap | $6.21B | $1.37B |
| Enterprise Value | $6.21B | $1.36B |
| PE Ratio | 39.24 | 29.21 |
| PS Ratio | 3.21 | 2.23 |
| P/OCF Ratio | 71.78 | 17.09 |
Enterprise value
| Measure | AAON | Industry median |
|---|---|---|
| EV / Sales | 3.21 | 2.18 |
| EV / EBITDA | 20.81 | 16.91 |
| EV / EBIT | 29.10 | 20.70 |
Income (trailing twelve months)
| Measure | AAON | Industry median |
|---|---|---|
| Revenue | $1.93B | $866.07M |
| Gross Profit | $494.09M | $317.63M |
| Operating Income | $213.50M | $33.78M |
| Pretax Income | $191.69M | $61.14M |
| Net Income | $159.29M | $20.20M |
| EBITDA | $298.53M | $59.87M |
| EPS (Diluted) | $1.92 | $0.70 |
Margins
| Measure | AAON | Industry median |
|---|---|---|
| Gross Margin | 25.6% | 34.3% |
| Operating Margin | 11.0% | 5.94% |
| Pretax Margin | 9.92% | 6.55% |
| Profit Margin | 8.24% | 4.89% |
| EBITDA Margin | 15.4% | 9.65% |
Returns
| Measure | AAON | Industry median |
|---|---|---|
| Return on Assets (ROA) | 9.76% | 3.02% |
| Return on Capital Employed (ROCE) | 13.9% | 6.30% |
Growth
| Measure | AAON | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 53.5% | 9.10% |
| Net Income Growth (YoY) | 30.5% | 8.53% |
| EPS Growth (YoY) | 31.5% | 10.7% |
| Revenue Growth (3Y CAGR) | 17.5% | 3.24% |
| Revenue Growth (5Y CAGR) | 22.9% | 7.11% |
| EPS Growth (3Y CAGR) | 1.33% | 7.68% |
| EPS Growth (5Y CAGR) | 5.37% | 15.9% |
Balance sheet
| Measure | AAON | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $13.00K | $109.83M |
| Net Cash (Debt) | $13.00K | $381.39K |
| Net Cash Per Share | $0.00 | $0.00 |
| Working Capital | $664.75M | $228.02M |
Financial position
| Measure | AAON | Industry median |
|---|---|---|
| Current Ratio | 3.01 | 1.98 |
| Quick Ratio | 1.09 | 0.99 |
Cash flow (trailing twelve months)
| Measure | AAON | Industry median |
|---|---|---|
| Operating Cash Flow | $86.54M | $75.30M |
Efficiency
| Measure | AAON | Industry median |
|---|---|---|
| Asset Turnover | 1.18 | 0.70 |
| Inventory Turnover | 5.08 | 3.72 |
| Revenue Per Employee | $327.69K | $406.50K |
| Profits Per Employee | $27.01K | $16.14K |
| Employee Count | 5,897 | 1,615 |
Dividends and yields
| Measure | AAON | Industry median |
|---|---|---|
| Earnings Yield | 2.56% | 2.24% |
| Dividend Yield | 0.53% | 1.06% |
| Shareholder Yield | 0.53% | 1.93% |
| Dividend Per Share | $0.40 | $1.14 |
| Dividend Growth (YoY) | 25.0% | 4.67% |
| Years of Dividend Growth | 1 | 4 |
| Payout Ratio | 20.5% | 28.8% |
Shares
| Measure | AAON | Industry median |
|---|---|---|
| Shares Outstanding | 82,453,600 | 59,778,400 |
| Shares Change (YoY) | -0.05% | 0.45% |
| Shares Change (QoQ) | 0.73% | 0.14% |
| Float | 68,957,700 | 52,486,900 |
| Shares Held by Insiders | 16.4% | 5.23% |
| Shares Held by Institutions | 79.0% | 83.0% |
Taxes
| Measure | AAON | Industry median |
|---|---|---|
| Income Tax | $32.40M | $14.90M |
| Effective Tax Rate | 16.9% | 20.9% |
Scores
| Measure | AAON | Industry median |
|---|---|---|
| Altman Z-Score | 6.89 | 3.15 |
| Piotroski F-Score | 4 | 5 |
| Beneish M-Score | -1.39 | -2.55 |
Calculated by StockData from AAON's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.