AAON, Inc.

NasdaqGS:AAON Stock Report

Market Cap: US$6.7b

AAON Future Growth

Future criteria checks 5/6

AAON is forecast to grow earnings and revenue by 26.1% and 13.5% per annum respectively. EPS is expected to grow by 25% per annum. Return on equity is forecast to be 20.3% in 3 years.

Key information

26.1%

Earnings growth rate

24.96%

EPS growth rate

Building earnings growth13.1%
Revenue growth rate13.5%
Future return on equity20.33%
Analyst coverage

Good

Last updated15 Aug 2025

Recent future growth updates

Earnings Miss: AAON, Inc. Missed EPS By 43% And Analysts Are Revising Their Forecasts

Aug 14
Earnings Miss: AAON, Inc. Missed EPS By 43% And Analysts Are Revising Their Forecasts

Recent updates

Earnings Miss: AAON, Inc. Missed EPS By 43% And Analysts Are Revising Their Forecasts

Aug 14
Earnings Miss: AAON, Inc. Missed EPS By 43% And Analysts Are Revising Their Forecasts

Be Wary Of AAON (NASDAQ:AAON) And Its Returns On Capital

Jul 10
Be Wary Of AAON (NASDAQ:AAON) And Its Returns On Capital

Are AAON, Inc. (NASDAQ:AAON) Investors Paying Above The Intrinsic Value?

Jun 17
Are AAON, Inc. (NASDAQ:AAON) Investors Paying Above The Intrinsic Value?

AAON: Investor Day Targets Disappoint

Jun 12

AAON, Inc.'s (NASDAQ:AAON) P/E Is Still On The Mark Following 26% Share Price Bounce

May 14
AAON, Inc.'s (NASDAQ:AAON) P/E Is Still On The Mark Following 26% Share Price Bounce

Why AAON, Inc. (NASDAQ:AAON) Could Be Worth Watching

Apr 26
Why AAON, Inc. (NASDAQ:AAON) Could Be Worth Watching

Earnings Troubles May Signal Larger Issues for AAON (NASDAQ:AAON) Shareholders

Mar 06
Earnings Troubles May Signal Larger Issues for AAON (NASDAQ:AAON) Shareholders

AAON: Don't Get Sucked In After A 22% Dip

Feb 28

AAON, Inc. (NASDAQ:AAON) Stocks Pounded By 30% But Not Lagging Market On Growth Or Pricing

Feb 28
AAON, Inc. (NASDAQ:AAON) Stocks Pounded By 30% But Not Lagging Market On Growth Or Pricing

Do AAON's (NASDAQ:AAON) Earnings Warrant Your Attention?

Feb 04
Do AAON's (NASDAQ:AAON) Earnings Warrant Your Attention?

DeekSeep AI Concerns Crashed AAON, A HVAC Company

Jan 29

AAON (NASDAQ:AAON) Is Very Good At Capital Allocation

Jan 21
AAON (NASDAQ:AAON) Is Very Good At Capital Allocation

Should You Investigate AAON, Inc. (NASDAQ:AAON) At US$137?

Dec 08
Should You Investigate AAON, Inc. (NASDAQ:AAON) At US$137?

AAON: Data Centre Tailwinds With High Cash Production

Nov 26

Optimistic Investors Push AAON, Inc. (NASDAQ:AAON) Shares Up 25% But Growth Is Lacking

Nov 12
Optimistic Investors Push AAON, Inc. (NASDAQ:AAON) Shares Up 25% But Growth Is Lacking

Should You Be Adding AAON (NASDAQ:AAON) To Your Watchlist Today?

Oct 08
Should You Be Adding AAON (NASDAQ:AAON) To Your Watchlist Today?

AAON (NASDAQ:AAON) Is Achieving High Returns On Its Capital

Sep 16
AAON (NASDAQ:AAON) Is Achieving High Returns On Its Capital

HVAC Manufacturer AAON A Growth Stock For Longer-Term Investors

Aug 18

AAON: This HVAC Manufacturer's Valuation Needs To Cool Down

Mar 10

Earnings and Revenue Growth Forecasts

NasdaqGS:AAON - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20271,7322481313033
12/31/20261,529168622465
12/31/20251,348108-831566
6/30/20251,259122-19434N/A
3/31/20251,261159-13491N/A
12/31/20241,201169-21193N/A
9/30/20241,210191103243N/A
6/30/20241,194186103227N/A
3/31/20241,165180127246N/A
12/31/20231,16917849159N/A
9/30/20231,11616952125N/A
6/30/20231,04714957123N/A
3/31/2023972119473N/A
12/31/2022889100-1561N/A
9/30/202277068-4630N/A
6/30/202266656-75-3N/A
3/31/202260260-2726N/A
12/31/202153559661N/A
9/30/20215157145107N/A
6/30/20215117662129N/A
3/31/20214937458120N/A
12/31/20205157961129N/A
9/30/20205207769124N/A
6/30/20204997171125N/A
3/31/20204936770121N/A
12/31/2019469546198N/A
9/30/2019459494781N/A
6/30/2019459492654N/A
3/31/201944947N/A59N/A
12/31/201843442N/A55N/A
9/30/201842646N/A60N/A
6/30/201842646N/A60N/A
3/31/201841849N/A59N/A
12/31/201740554N/A58N/A
9/30/201739350N/A59N/A
6/30/201738451N/A68N/A
3/31/201738552N/A58N/A
12/31/201638453N/A64N/A
9/30/201639055N/A64N/A
6/30/201637952N/A73N/A
3/31/201636749N/A67N/A
12/31/201535946N/A55N/A
9/30/201534643N/A52N/A
6/30/201535543N/A47N/A
3/31/201535743N/A48N/A
12/31/201435644N/A54N/A
9/30/201434541N/A54N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AAON's forecast earnings growth (26.1% per year) is above the savings rate (3.1%).

Earnings vs Market: AAON's earnings (26.1% per year) are forecast to grow faster than the US market (15.1% per year).

High Growth Earnings: AAON's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AAON's revenue (13.5% per year) is forecast to grow faster than the US market (9.3% per year).

High Growth Revenue: AAON's revenue (13.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AAON's Return on Equity is forecast to be high in 3 years time (20.3%)

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/20 04:33
End of Day Share Price 2025/08/20 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

AAON, Inc. is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy WojsBaird
Christopher MooreCJS Securities, Inc.
Thomas HayesCL King & Associates, Inc.