AAON, Inc. (AAON)

AAON, Inc. Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,201	1,169	888.79	534.52	514.55
Revenue Growth (YoY)	2.75%	31.47%	66.28%	3.88%	9.63%
Cost of Revenue	803.53	769.5	651.22	396.69	358.7
Gross Profit	397.11	399.02	237.57	137.83	155.85
Selling, General & Admin	165.79	149.04	110.82	68.6	60.49
Operating Expenses	186.33	162.8	110.82	68.6	60.49
Operating Income	210.78	236.22	126.75	69.23	95.36
Interest Expense	-2.91	-4.84	-2.63	-0.13	-
Interest & Investment Income	-	-	-	-	0.09
Other Non Operating Income (Expenses)	-1.3	-0.74	0.4	0.06	0.05
EBT Excluding Unusual Items	206.57	230.64	124.52	69.16	95.5
Gain (Loss) on Sale of Assets	0.02	0.01	0.01	0.02	6.48
Legal Settlements	-	-7.5	-	-	-
Pretax Income	206.59	223.15	124.53	69.18	101.98
Income Tax Expense	38.03	45.53	24.16	10.42	22.97
Net Income	168.56	177.62	100.38	58.76	79.01
Net Income to Common	168.56	177.62	100.38	58.76	79.01
Net Income Growth	-5.10%	76.96%	70.83%	-25.63%	47.10%
Shares Outstanding (Basic)	81	81	80	79	78
Shares Outstanding (Diluted)	84	83	81	81	80
Shares Change (YoY)	0.40%	2.65%	0.69%	1.26%	0.81%
EPS (Basic)	2.07	2.19	1.26	0.75	1.01
EPS (Diluted)	2.02	2.13	1.24	0.73	0.99
EPS Growth	-5.16%	71.77%	69.86%	-26.51%	46.07%
Free Cash Flow	-3.13	54.6	-14.71	5.82	61.01
Free Cash Flow Per Share	-0.04	0.66	-0.18	0.07	0.77
Dividend Per Share	0.320	0.320	0.290	0.260	0.253
Dividend Growth	-	10.35%	11.54%	2.65%	18.75%
Gross Margin	33.07%	34.15%	26.73%	25.79%	30.29%
Operating Margin	17.55%	20.22%	14.26%	12.95%	18.53%
Profit Margin	14.04%	15.20%	11.29%	10.99%	15.35%
Free Cash Flow Margin	-0.26%	4.67%	-1.65%	1.09%	11.86%
EBITDA	273.51	282.69	161.86	99.58	120.99
EBITDA Margin	22.78%	24.19%	18.21%	18.63%	23.51%
D&A For EBITDA	62.74	46.47	35.11	30.34	25.63
EBIT	210.78	236.22	126.75	69.23	95.36
EBIT Margin	17.55%	20.22%	14.26%	12.95%	18.53%
Effective Tax Rate	18.41%	20.40%	19.40%	15.07%	22.52%
Advertising Expenses	3.28	2.59	2.4	1.6	0.8

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q