AAON, Inc. (AAON)

AAON, Inc. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,261	1,201	1,169	888.79	534.52	514.55
Revenue Growth (YoY)	8.24%	2.75%	31.47%	66.28%	3.88%	9.63%
Cost of Revenue	869.36	803.53	769.5	651.22	396.69	358.7
Gross Profit	391.23	397.11	399.02	237.57	137.83	155.85
Selling, General & Admin	168.78	165.79	149.04	110.82	68.6	60.49
Operating Expenses	192.33	186.33	162.8	110.82	68.6	60.49
Operating Income	198.9	210.78	236.22	126.75	69.23	95.36
Interest Expense	-5.47	-2.91	-4.84	-2.63	-0.13	-
Interest & Investment Income	-	-	-	-	-	0.09
Other Non Operating Income (Expenses)	-1.21	-1.3	-0.74	0.4	0.06	0.05
EBT Excluding Unusual Items	192.22	206.57	230.64	124.52	69.16	95.5
Gain (Loss) on Sale of Assets	0.05	0.02	0.01	0.01	0.02	6.48
Legal Settlements	-	-	-7.5	-	-	-
Pretax Income	192.27	206.59	223.15	124.53	69.18	101.98
Income Tax Expense	33.43	38.03	45.53	24.16	10.42	22.97
Net Income	158.84	168.56	177.62	100.38	58.76	79.01
Net Income to Common	158.84	168.56	177.62	100.38	58.76	79.01
Net Income Growth	-11.67%	-5.10%	76.96%	70.83%	-25.63%	47.10%
Shares Outstanding (Basic)	81	81	81	80	79	78
Shares Outstanding (Diluted)	83	84	83	81	81	80
Shares Change (YoY)	-0.16%	0.40%	2.65%	0.69%	1.26%	0.81%
EPS (Basic)	1.95	2.07	2.19	1.26	0.75	1.01
EPS (Diluted)	1.91	2.02	2.13	1.24	0.73	0.99
EPS Growth	-11.09%	-5.16%	71.77%	69.86%	-26.51%	46.07%
Free Cash Flow	-116.75	-3.13	54.6	-14.71	5.82	61.01
Free Cash Flow Per Share	-1.40	-0.04	0.66	-0.18	0.07	0.77
Dividend Per Share	0.340	0.320	0.320	0.290	0.260	0.253
Dividend Growth	6.25%	-	10.35%	11.54%	2.65%	18.75%
Gross Margin	31.04%	33.07%	34.15%	26.73%	25.79%	30.29%
Operating Margin	15.78%	17.55%	20.22%	14.26%	12.95%	18.53%
Profit Margin	12.60%	14.04%	15.20%	11.29%	10.99%	15.35%
Free Cash Flow Margin	-9.26%	-0.26%	4.67%	-1.65%	1.09%	11.86%
EBITDA	267.14	273.51	282.69	161.86	99.58	120.99
EBITDA Margin	21.19%	22.78%	24.19%	18.21%	18.63%	23.51%
D&A For EBITDA	68.24	62.74	46.47	35.11	30.34	25.63
EBIT	198.9	210.78	236.22	126.75	69.23	95.36
EBIT Margin	15.78%	17.55%	20.22%	14.26%	12.95%	18.53%
Effective Tax Rate	17.39%	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