AAON, Inc. (AAON)
NASDAQ: AAON · Real-Time Price · USD
85.78
-3.46 (-3.88%)
At close: Aug 11, 2026, 4:00 PM EDT
87.55
+1.77 (2.07%)
After-hours: Aug 11, 2026, 7:50 PM EDT

AAON, Inc. Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,9321,4421,2011,169888.79534.52
Revenue Growth
53.53%20.11%2.75%31.47%66.28%3.88%
Gross Profit
494.09385.72397.11399.02237.57137.83
Operating Income
213.5146.25209.12227.49126.7669.25
Net Income
159.29107.59168.56177.62100.3858.76
Earnings Per Share
1.921.292.022.131.240.73
EPS Growth
30.61%-36.14%-5.16%71.77%69.86%-26.51%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
AAON Oklahoma
960.49801.21858.71897.92663.85463.85
AAON Coil Products
437.16325.35143.87112.32107.2966.59
BASX
534.72315.51198.05158.28117.654.08
Revenue (Total)
1,9321,4421,2011,169888.79534.52

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
12.731.246.519.025.953.49
Total Debt
435398.32154.8938.337140
Net Cash (Debt)
-422.27-397.08-148.38-29.31-65.06-36.51
Net Cash Growth
------
Net Cash Per Share
-5.07-4.78-1.77-0.35-0.80-0.45

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
86.540.53192.53158.961.3261.18
Capital Expenditures
-205.33-190.56-195.66-104.29-76.02-55.36
Free Cash Flow
-118.79-190.03-3.1354.6-14.715.82
Free Cash Flow Growth
------90.46%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
25.57%26.75%33.07%34.15%26.73%25.79%
Operating Margin
11.05%10.14%17.42%19.47%14.26%12.96%
Pretax Margin
9.92%8.93%17.21%19.10%14.01%12.94%
Profit Margin
8.24%7.46%14.04%15.20%11.29%10.99%
FCF Margin
-6.15%-13.18%-0.26%4.67%-1.65%1.09%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.4000.4000.3200.3200.2900.260
Dividend Per Share Growth
11.11%25.00%0%10.35%11.54%2.65%
Dividend Yield
0.47%0.52%0.27%0.44%0.57%0.48%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
45.1159.1158.2634.6840.4972.53
Forward PE
31.3939.1143.0332.9832.5851.69
P/FCF Ratio
---110.27-716.72
PS Ratio
3.664.327.985.154.537.81