AAON, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,442	1,201	1,169	888.79	534.52
Revenue Growth (YoY)	20.11%	2.75%	31.47%	66.28%	3.88%
Cost of Revenue	1,056	803.53	769.5	651.22	396.69
Gross Profit	385.72	397.11	399.02	237.57	137.83
Selling, General & Admin	239.48	165.79	149.04	110.82	68.6
Operating Expenses	239.48	186.33	162.8	110.82	68.6
Operating Income	146.24	210.78	236.22	126.75	69.23
Interest Expense	-17.73	-2.91	-4.84	-2.63	-0.13
Other Non Operating Income (Expenses)	0.23	-1.3	-0.74	0.4	0.06
EBT Excluding Unusual Items	128.75	206.57	230.64	124.52	69.16
Gain (Loss) on Sale of Assets	0	0.02	0.01	0.01	0.02
Legal Settlements	-	-	-7.5	-	-
Pretax Income	128.75	206.59	223.15	124.53	69.18
Income Tax Expense	21.16	38.03	45.53	24.16	10.42
Net Income	107.59	168.56	177.62	100.38	58.76
Net Income to Common	107.59	168.56	177.62	100.38	58.76
Net Income Growth	-36.17%	-5.10%	76.96%	70.83%	-25.63%
Shares Outstanding (Basic)	82	81	81	80	79
Shares Outstanding (Diluted)	83	84	83	81	81
Shares Change (YoY)	-0.63%	0.40%	2.65%	0.69%	1.26%
EPS (Basic)	1.32	2.07	2.19	1.26	0.75
EPS (Diluted)	1.29	2.02	2.13	1.24	0.73
EPS Growth	-36.14%	-5.16%	71.77%	69.86%	-26.51%
Free Cash Flow	-190.03	-3.13	54.6	-14.71	5.82
Free Cash Flow Per Share	-2.29	-0.04	0.66	-0.18	0.07
Dividend Per Share	0.400	0.320	0.320	0.290	0.260
Dividend Growth	25.00%	-	10.35%	11.54%	2.65%
Gross Margin	26.75%	33.07%	34.15%	26.73%	25.79%
Operating Margin	10.14%	17.55%	20.22%	14.26%	12.95%
Profit Margin	7.46%	14.04%	15.20%	11.29%	10.99%
Free Cash Flow Margin	-13.18%	-0.26%	4.67%	-1.65%	1.09%
EBITDA	225.44	273.51	282.69	161.86	99.58
EBITDA Margin	15.63%	22.78%	24.19%	18.21%	18.63%
D&A For EBITDA	79.19	62.74	46.47	35.11	30.34
EBIT	146.24	210.78	236.22	126.75	69.23
EBIT Margin	10.14%	17.55%	20.22%	14.26%	12.95%
Effective Tax Rate	16.43%	18.41%	20.40%	19.40%	15.07%
Advertising Expenses	-	3.28	2.59	2.4	1.6

Source: S&P Global Market Intelligence. Standard template. Financial Sources.