AAON, Inc. (AAON)
| Market Cap | 10.97B +68.3% |
| Revenue (ttm) | 1.62B +28.3% |
| Net Income | 118.12M -25.6% |
| EPS | 1.42 -25.7% |
| Shares Out | 81.84M |
| PE Ratio | 94.72 |
| Forward PE | 61.29 |
| Dividend | $0.40 (0.30%) |
| Ex-Dividend Date | Mar 18, 2026 |
| Volume | 4,254,349 |
| Open | 143.00 |
| Previous Close | 98.30 |
| Day's Range | 134.20 - 149.00 |
| 52-Week Range | 62.00 - 149.00 |
| Beta | 1.24 |
| Analysts | Strong Buy |
| Price Target | 107.75 (-19.61%) |
| Earnings Date | May 7, 2026 |
About AAON
AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BASX. It offers rooftop units, data center cooling solutions, cleanroom systems, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils, and controls. The company markets and sells its pr... [Read more]
Financial Performance
In 2025, AAON, Inc.'s revenue was $1.44 billion, an increase of 20.11% compared to the previous year's $1.20 billion. Earnings were $107.59 million, a decrease of -36.17%.
Financial StatementsAnalyst Summary
According to 4 analysts, the average rating for AAON stock is "Strong Buy." The 12-month stock price target is $107.75, which is a decrease of -19.61% from the latest price.
News
AAON, Inc. Earnings Call Transcript: Q1 2026
Record Q1 sales and earnings growth driven by strong demand in both BASX and AAON brands, with backlog and bookings at all-time highs. Margin pressures from outsourcing and inflation are expected to ease as capacity ramps, supporting a robust full-year outlook for sales and profitability.
AAON Reports First Quarter 2026 Results with Record Sales and Backlog, Robust Earnings Growth, and Raises Full-Year Guidance
First Quarter 2026 Results (All comparisons are year-over-year, unless otherwise noted) Delivered record sales and accelerated earnings growth on strong demand and expanding production throughput Net ...
AAON Announces First Quarter 2026 Conference Call and Webcast
TULSA, Okla., April 23, 2026 /PRNewswire/ -- AAON, Inc. (NASDAQ: AAON) ("AAON" or the "Company"), a leader in high-performing, energy-efficient HVAC solutions that brings long-term value to customers ...
Aaon names Andy Cheung as CFO, succeeding Rebecca Thompson
Andy Cheung will join Aaon (AAON) on April 20 as its Executive Vice President and CFO. Cheung most recently served as Executive Vice President and CFO at Commercial Vehicle Group
AAON Announces CFO Transition and Strengthens Executive Leadership Team
TULSA, Okla., April 2, 2026 /PRNewswire/ -- AAON, Inc. (NASDAQ: AAON) ("AAON" or the "Company"), a leader in high-performance and energy-efficient HVAC solutions, announces a transition in the Chief F...
AAON Announces Quarterly Cash Dividend
TULSA, Okla., March 5, 2026 /PRNewswire/ -- AAON, Inc. (NASDAQ: AAON) ("AAON" or the "Company"), today announced that its Board of Directors has declared the Company's next regular quarterly cash divi...
AAON Passes DOE's Commercial Building HVAC Technology Challenge with Simultaneous Dual Fuel Technology
TULSA, Okla., March 3, 2026 /PRNewswire/ -- AAON, Inc. (NASDAQ: AAON), a leader in high-performance and energy-efficient HVAC solutions, announced its Alpha Class EXTREME SERIES packaged rooftop unit ...
Aaon price target raised to $118 from $115 at Oppenheimer
Oppenheimer analyst Noah Kaye raised the firm’s price target on Aaon (AAON) to $118 from $115 and keeps an Outperform rating on the shares. The firm notes shares traded up
AAON, Inc. Earnings Call Transcript: Q4 2025
Q4 2025 saw 42.5% sales growth, led by BASX's 143% surge and strong data center demand. 2026 guidance calls for 18%-20% sales growth and margin expansion, with investments in capacity and supply chain expected to drive improved performance despite a flat commercial HVAC market.
Aaon reports Q4 GAAP EPS 39c, consensus 46c
Reports Q4 revenue $424.2M, consensus $374.1M. “2025 represented a year of record growth for AAON (AAON), driven by strong bookings and sales reflecting expanding market share and growing demand for
AAON Reports Fourth Quarter and Full Year 2025 Results
Carries Record Backlog into 2026 Full Year 2025 Results (All comparisons are year-over-year, unless otherwise noted) Delivered strong sales growth in 2025, while margins and earnings reflected strate...
AAON Announces Fourth Quarter and Full Year 2025 Conference Call and Webcast
TULSA, Okla., Feb. 18, 2026 /PRNewswire/ -- AAON, Inc. (NASDAQ: AAON) ("AAON" or the "Company"), a leader in high-performing, energy-efficient HVAC solutions that brings long-term value to customers ...
HVAC names slide as Nvidia says Rubin chip could reduce cooling needs
Shares of Aaon (AAON) are trading lower on Tuesday on concerns that Nvidia’s (NVDA) Rubin chips could reduce data center cooling needs. The comments made by the chip giant’s CEO
Aaon’s data center copportunity not changed by Rubin chips, says William Blair
Aaon (AAON) shares fell 8% on concerns that Nvidia’s (NVDA) Rubin chips reduce the need for chillers, but this appears overdone and creates a buying opportunity, William Blair tells investors
AAON Activates Accordion Feature on Credit Facility to Support Growth
TULSA, Okla., Dec. 29, 2025 /PRNewswire/ -- AAON, Inc. (NASDAQ: AAON) ("AAON" or the "Company"), a leader in high-performing, energy-efficient HVAC solutions that bring long-term value to customers an...
AAON Announces Promotion of Doug Wichman to EVP & General Manager Role
TULSA, Okla. , Dec. 1, 2025 /PRNewswire/ -- AAON, Inc. (NASDAQ: AAON) ("AAON" or the "Company"), a leader in high-performance and energy-efficient HVAC solutions, announced the promotion of Doug Wichm...
Aaon price target raised to $115 from $112 at Oppenheimer
Oppenheimer analyst Noah Kaye raised the firm’s price target on Aaon (AAON) to $115 from $112 and keeps an Outperform rating on the shares. The firm notes shares traded up
Aaon price target raised to $125 from $116 at Baird
Baird analyst Timothy Wojs raised the firm’s price target on Aaon (AAON) to $125 from $116 and keeps an Outperform rating on the shares. The firm updated its model following
AAON, Inc. Earnings Call Transcript: Q3 2025
Third quarter saw strong sales and backlog growth, led by BASX's data center demand and capacity expansion. Margins were pressured by ERP and new facility ramp-up but are expected to improve, with double-digit revenue growth and robust cash flow anticipated in Q4 and 2026.
AAON Reports Strong Third Quarter 2025 Results Driven by Operational Improvements and Share Gains
Q3 Highlights (All comparisons are year-over-year, unless otherwise noted) Operations improved sequentially, driven by continued demand, improved ERP efficiency and increased production throughput Net...
Jehoshaphat Research short Aaon, sees over 30% downside to earnings
Jehoshaphat Research is short Aaon (AAON), “a manufacturer of HVAC products with easy to borrow stock and universal Buy ratings from the Street.” In a recently published report, it says,
AAON Welcomes Roberto Giacomelli as Senior Vice President of Operations
TULSA, Okla. , Oct. 30, 2025 /PRNewswire/ -- AAON, Inc. (NASDAQ: AAON) ("AAON" or the "Company"), a leader in high-performance and energy-efficient HVAC solutions, is pleased to welcome Roberto Giaco...
AAON Announces Third Quarter 2025 Conference Call And Webcast
TULSA, Okla. , Oct. 29, 2025 /PRNewswire/ -- AAON, Inc. (NASDAQ: AAON) ("AAON" or the "Company"), a leader in high-performing, energy-efficient HVAC solutions that brings long-term value to customers ...
AAON Leads the Industry with Lab-Tested, Field-Proven Heat Pumps While Other Manufacturers Remain in Development
TULSA, Okla., Oct. 28, 2025 /PRNewswire/ -- AAON, Inc. (NASDAQ: AAON) ("AAON" or the "Company"), a leader in high-performance and energy-efficient HVAC solutions, engineered cold climate heat pump roo...
Aaon price target raised to $112 from $105 at Oppenheimer
Oppenheimer analyst Noah Kaye raised the firm’s price target on Aaon (AAON) to $112 from $105 and keeps an Outperform rating on the shares as part of a Q3 earnings