AAON, Inc.

NasdaqGS:AAON Stock Report

Market Cap: US$7.9b

AAON Management

Management criteria checks 3/4

AAON's CEO is Matt Tobolski, appointed in Jan 2024, has a tenure of 2.08 years. total yearly compensation is $1.50M, comprised of 33.6% salary and 66.4% bonuses, including company stock and options. directly owns 0.41% of the company’s shares, worth $32.29M. The average tenure of the management team and the board of directors is 2.1 years and 8.8 years respectively.

Key information

Matt Tobolski

Chief executive officer

US$1.5m

Total compensation

CEO salary percentage33.62%
CEO tenure2.1yrs
CEO ownership0.4%
Management average tenure2.1yrs
Board average tenure8.8yrs

Recent management updates

Recent updates

AAON: Shares Need To Cool Down

Jan 30

AAON, Inc. (NASDAQ:AAON) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable

Jan 17
AAON, Inc. (NASDAQ:AAON) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable

AAON (NASDAQ:AAON) Will Want To Turn Around Its Return Trends

Dec 15
AAON (NASDAQ:AAON) Will Want To Turn Around Its Return Trends

Why AAON's (NASDAQ:AAON) Shaky Earnings Are Just The Beginning Of Its Problems

Nov 13
Why AAON's (NASDAQ:AAON) Shaky Earnings Are Just The Beginning Of Its Problems

AAON, Inc. Just Beat EPS By 19%: Here's What Analysts Think Will Happen Next

Nov 09
AAON, Inc. Just Beat EPS By 19%: Here's What Analysts Think Will Happen Next

AAON, Inc. (NASDAQ:AAON) Looks Just Right With A 28% Price Jump

Oct 07
AAON, Inc. (NASDAQ:AAON) Looks Just Right With A 28% Price Jump

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, 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

DeekSeep AI Concerns Crashed AAON, A HVAC Company

Jan 29

AAON: Data Centre Tailwinds With High Cash Production

Nov 26

CEO Compensation Analysis

How has Matt Tobolski's remuneration changed compared to AAON's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

US$100m

Jun 30 2025n/an/a

US$122m

Mar 31 2025n/an/a

US$159m

Dec 31 2024US$1mUS$504k

US$169m

Compensation vs Market: Matt's total compensation ($USD1.50M) is below average for companies of similar size in the US market ($USD7.92M).

Compensation vs Earnings: Insufficient data to compare Matt's compensation with company performance.


CEO

Matt Tobolski (41 yo)

2.1yrs
Tenure
US$1,497,672
Compensation

Dr. Matthew J. Tobolski, Ph D., SE, also known as Matt, has been CEO & Director of AAON, Inc. since May 13, 2025 and serves as its President since January 01, 2024 and served as its COO since January 01, 2...


Leadership Team

NamePositionTenureCompensationOwnership
Matthew Tobolski
President2.1yrsUS$1.50m0.41%
$ 32.3m
Norman Asbjornson
Founder & Directorno dataUS$307.48k16.02%
$ 1.3b
Rebecca Thompson
Interim Principal Accounting Officer9.1yrsUS$1.18m0.037%
$ 2.9m
Stephen Wakefield
Consultant & Principal Engineering Advisor2.1yrsUS$1.08m0.036%
$ 2.8m
David Benson
VP & President of BASXno dataUS$1.06m0.27%
$ 21.3m
Roberto Giacomelli
Senior Vice President of Operationsless than a yearno datano data
Casey Kidwell
Chief Administration Officer3.8yrsUS$837.61k0.018%
$ 1.4m
Joseph Mondillo
Director of Investor Relations5.3yrsno datano data
Andrew Edmondson
Executive Director of Sales & Marketing2.1yrsno datano data
Gordon Wichman
Executive VP & GM of AAON Business Unitless than a yearUS$1.01m0.018%
$ 1.4m
Matthew Shaub
Executive VP & GM of the BASX Products Business Unit1.1yrsno data0.0028%
$ 220.9k
Luke Bomer
Secretaryno datano datano data
2.1yrs
Average Tenure
47yo
Average Age

Experienced Management: AAON's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Matthew Tobolski
Presidentless than a yearUS$1.50m0.41%
$ 32.3m
Norman Asbjornson
Founder & Director38.1yrsUS$307.48k16.02%
$ 1.3b
Arthur McElroy
Independent Chairman18.6yrsUS$271.37k0.17%
$ 13.0m
Caron Lawhorn
Independent Vice Chairman7.1yrsUS$241.74k0.021%
$ 1.7m
Stephen LeClair
Independent Director8.8yrsUS$181.74k0.037%
$ 2.9m
David Stewart
Independent Director4.3yrsUS$181.74k0.014%
$ 1.1m
Gary Fields
Special Advisor & Director10.8yrsUS$4.15m0.064%
$ 5.0m
Angela Kouplen
Independent Director9.8yrsUS$188.38k0.046%
$ 3.6m
Bruce Ware
Independent Director4.3yrsUS$182.12k0.011%
$ 827.1k
8.8yrs
Average Tenure
62yo
Average Age

Experienced Board: AAON's board of directors are considered experienced (8.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/09 11:46
End of Day Share Price 2026/02/06 00:00
Earnings2025/09/30
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 7 analysts. 5 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.
Brent ThielmanD.A. Davidson & Co.