AAON, Inc. (AAON) stock
Close on Nov 11, 2026Market cap $6.29BP/E 31.0Yield 0.52%
AAON, Inc. grew revenue 72.3% to $2.27B over the twelve months to Sep 30, 2026. Operating income rose 111.0% to $277.88M, moving the operating margin from 10.0% to 12.3%. At the latest close the market valued the company at $6.29B, 31.0 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $6.29B
- P/E ratio
- 31.0
- Price to sales
- 2.78
- Price to book
- –
- Dividend yield
- 0.52%
- Free cash flow yield
- –
Fundamentals
- Revenue
- $2.27B
- Net income
- $204.57M
- EPS, diluted
- $2.46
- Diluted shares
- 84M
Trading
- Next earnings
- Mar 1, 2027 (estimated, before the open)
- Previous close
- $75.01
- Open
- $76.95
- Day's range
- $75.87 – $79.93
- Volume
- 1,536,337
- Average volume (20 days)
- 1,605,346
- Index membership
- S&P MidCap 400 (since May 2024), Russell 1000 (since Sep 2024), Russell 3000
- Beta (5 years)
- 1.37
- 52-week range
- $53.13 – $150.46
- RSI (14 days)
- 54.5
- Volatility (1 year)
- 67.1%
- Relative volume
- 1.25×
- WACC
- 11.7%
On 1 of our idea list: Breakout quarter
Index membership is inferred from the holdings of funds that track each index (IJH, SPMD, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2010, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | AAON | S&P 500 | Difference | AAON per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -11.4% | -2.4% | −9.0 pts | ||
| 3 months | -10.9% | -1.2% | −9.8 pts | ||
| Year to date | +0.4% | +12.3% | −11.9 pts | ||
| 1 year | -26.2% | +12.4% | −38.7 pts | ||
| 3 years | +31.7% | +78.8% | −47.1 pts | +9.6% | +21.4% |
| 5 years | +53.2% | +75.2% | −22.0 pts | +8.9% | +11.9% |
| 10 years | +278.2% | +311.1% | −32.9 pts | +14.2% | +15.2% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases AAON filed with the SEC as exhibits to Form 8-K or 6-K
- News
- Results
- Update
- Update
- News
- Results
About AAON
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
AAON, Inc. designs and manufactures semi-custom and custom heating, ventilation, air conditioning, and liquid cooling equipment for commercial, industrial, cleanroom, and data center environments. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BASX. Its product portfolio includes rooftop units, air handling systems, geothermal and water-source heat pumps, coils, controls, and aftermarket replacement parts, as well as specialized thermal management systems like coolant distribution units and chillers. Customers primarily comprise commercial building owners, contractors, and hyperscale data center operators, served via independent sales representative networks and direct retail parts stores.
Company profile, executives and historyAAON stock: common questions
What is AAON's stock price?
AAON closed at $76.33 on Nov 11, 2026, up 1.76% on the day. Over the past 52 weeks it traded between $53.13 and $150.46.
What is AAON's market cap?
AAON was worth $6.29B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is AAON's P/E ratio?
AAON trades at 31.0 times earnings, based on diluted earnings per share of $2.46 over the twelve months to Sep 30, 2026.
How much revenue does AAON make?
AAON reported revenue of $2.27B for the twelve months to Sep 30, 2026, up 72.3% from a year earlier.
Does AAON pay a dividend?
Yes. AAON paid $0.40 per share over the last twelve months, a yield of 0.52% at the latest price.
When does AAON report earnings next?
AAON is expected to report Q4 FY2026 results on Mar 1, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.
How has AAON stock performed over the past year?
Including dividends, AAON returned -26.2% over the past year, against +12.4% for the S&P 500.
How many AAON shares are sold short?
6M shares were sold short at the latest FINRA report, 9.23% of the float, or 6.2 days of average trading volume.
Who are AAON's competitors?
Companies most similar to AAON by business, industry and size include LII, HAYW, TNC, SPXC, MIDD.
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