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AAON NasdaqGS:AAON Stock Report

Last Price

US$116.38

Market Cap

US$9.5b

7D

-12.3%

1Y

58.7%

Updated

02 Feb, 2025

Data

Company Financials +

AAON, Inc.

NasdaqGS:AAON Stock Report

Market Cap: US$9.5b

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
Valuation0/6
Future Growth4/6
Past Performance5/6
Financial Health5/6
Dividends0/6

Rewards

Earnings are forecast to grow 19.35% per year

Earnings grew by 12.7% over the past year

Risk Analysis

Significant insider selling over the past 3 months


Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 5 Analysts

Data Center Demand And Capacity Expansions Will Improve Future Operational Efficiency

Key Takeaways Strong demand in data centers and strategic capacity expansions are anticipated to drive significant revenue and earnings growth. Customer-centric innovation and strategic investments position AAON for increased market share and operational efficiency, enhancing future margins and stability.
View narrative
US$129.20
FV
9.9% undervalued intrinsic discount
16.61%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
3 days ago author updated this narrative

My Notes

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AAON, Inc. Competitors

Zurn Elkay Water Solutions

NYSE:ZWS

US$6.7b

Advanced Drainage Systems

NYSE:WMS

US$9.4b

Allegion

NYSE:ALLE

US$11.5b

A. O. Smith

NYSE:AOS

US$9.8b

Price History & Performance

Summary of share price highs, lows and changes for AAON
Historical stock prices
Current Share PriceUS$116.38
52 Week HighUS$144.07
52 Week LowUS$70.28
Beta0.87
1 Month Change-3.02%
3 Month Change3.49%
1 Year Change58.73%
3 Year Change191.14%
5 Year Change220.31%
Change since IPO194,349.55%

Recent News & Updates

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?

Recent updates

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

Investors Appear Satisfied With AAON, Inc.'s (NASDAQ:AAON) Prospects

Jul 15
Investors Appear Satisfied With AAON, Inc.'s (NASDAQ:AAON) Prospects

Here's Why We Think AAON (NASDAQ:AAON) Might Deserve Your Attention Today

Jul 01
Here's Why We Think AAON (NASDAQ:AAON) Might Deserve Your Attention Today

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

Jun 17
AAON (NASDAQ:AAON) Is Very Good At Capital Allocation

A Look At The Intrinsic Value Of AAON, Inc. (NASDAQ:AAON)

Jun 03
A Look At The Intrinsic Value Of AAON, Inc. (NASDAQ:AAON)

Subdued Growth No Barrier To AAON, Inc.'s (NASDAQ:AAON) Price

Apr 12
Subdued Growth No Barrier To AAON, Inc.'s (NASDAQ:AAON) Price

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

Mar 10

Here's Why We Think AAON (NASDAQ:AAON) Is Well Worth Watching

Feb 13
Here's Why We Think AAON (NASDAQ:AAON) Is Well Worth Watching

AAON: Strong Growth Outlook But Lack Margin Of Safety

Jan 10

Shareholder Returns

AAONUS BuildingUS Market
7D-12.3%-5.3%-0.9%
1Y58.7%17.8%22.6%

Return vs Industry: AAON exceeded the US Building industry which returned 17.8% over the past year.

Return vs Market: AAON exceeded the US Market which returned 22.6% over the past year.

Price Volatility

Is AAON's price volatile compared to industry and market?
AAON volatility
AAON Average Weekly Movement8.1%
Building Industry Average Movement4.7%
Market Average Movement6.4%
10% most volatile stocks in US Market18.7%
10% least volatile stocks in US Market3.2%

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 (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19873,856Gary Fieldswww.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$9.46b
Earnings (TTM)US$190.92m
Revenue (TTM)US$1.21b

49.5x

P/E Ratio

7.8x

P/S Ratio

Is AAON overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AAON income statement (TTM)
RevenueUS$1.21b
Cost of RevenueUS$778.32m
Gross ProfitUS$431.23m
Other ExpensesUS$240.32m
EarningsUS$190.92m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.35
Gross Margin35.65%
Net Profit Margin15.78%
Debt/Equity Ratio7.0%

How did AAON perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

14%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 02:21
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

AAON, Inc. is covered by 8 analysts. 7 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.