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AAON, Inc.NasdaqGS:AAON Stock Report

Market Cap US$6.7b
Share Price
US$82.31
My Fair Value
US$96
14.0% undervalued intrinsic discount
1Y-8.1%
7D-0.8%
Portfolio Value
View

AAON, Inc.

NasdaqGS:AAON Stock Report

Market Cap: US$6.7b

AAON (AAON) Stock Overview

Engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. More details

AAON fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance1/6
Financial Health4/6
Dividends0/6

AAON Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

AAON, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for AAON
Historical stock prices
Current Share PriceUS$82.31
52 Week HighUS$144.07
52 Week LowUS$62.00
Beta0.94
1 Month Change4.60%
3 Month Change-18.11%
1 Year Change-8.10%
3 Year Change108.52%
5 Year Change111.88%
Change since IPO137,424.85%

Recent News & 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

Shareholder Returns

AAONUS BuildingUS Market
7D-0.8%0.04%-0.8%
1Y-8.1%11.8%15.8%

Return vs Industry: AAON underperformed the US Building industry which returned 10.5% over the past year.

Return vs Market: AAON underperformed the US Market which returned 15.8% over the past year.

Price Volatility

Is AAON's price volatile compared to industry and market?
AAON volatility
AAON Average Weekly Movement9.1%
Building Industry Average Movement5.0%
Market Average Movement6.4%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market3.0%

Stable Share Price: AAON has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: AAON's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19874,812Matt Tobolskiwww.aaon.com

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, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils, and controls.

AAON, Inc. Fundamentals Summary

How do AAON's earnings and revenue compare to its market cap?
AAON fundamental statistics
Market capUS$6.67b
Earnings (TTM)US$122.09m
Revenue (TTM)US$1.26b
55.0x
P/E Ratio
5.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AAON income statement (TTM)
RevenueUS$1.26b
Cost of RevenueUS$897.73m
Gross ProfitUS$360.87m
Other ExpensesUS$238.77m
EarningsUS$122.09m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)1.50
Gross Margin28.67%
Net Profit Margin9.70%
Debt/Equity Ratio38.1%

How did AAON perform over the long term?

See historical performance and comparison

Dividends

0.5%
Current Dividend Yield
24%
Payout Ratio

Does AAON pay a reliable dividends?

See AAON dividend history and benchmarks
When do you need to buy AAON by to receive an upcoming dividend?
AAON dividend dates
Ex Dividend DateSep 05 2025
Dividend Pay DateSep 26 2025
Days until Ex dividend16 days
Days until Dividend pay date37 days

Does AAON pay a reliable dividends?

See AAON dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/19 04:47
End of Day Share Price 2025/08/19 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.