AAON Stock Overview
AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$50.08|
|52 Week High||US$83.79|
|52 Week Low||US$47.50|
|1 Month Change||-3.54%|
|3 Month Change||-13.86%|
|1 Year Change||-24.69%|
|3 Year Change||8.00%|
|5 Year Change||35.72%|
|Change since IPO||55,682.66%|
Recent News & Updates
News Flash: Analysts Just Made A Substantial Upgrade To Their AAON, Inc. (NASDAQ:AAON) Forecasts
AAON, Inc. ( NASDAQ:AAON ) shareholders will have a reason to smile today, with the analysts making substantial...
|AAON||US Building||US Market|
Return vs Industry: AAON underperformed the US Building industry which returned -15.7% over the past year.
Return vs Market: AAON underperformed the US Market which returned -8.1% over the past year.
|AAON Average Weekly Movement||6.6%|
|Building Industry Average Movement||6.5%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: AAON is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: AAON's weekly volatility (7%) has been stable over the past year.
About the Company
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 Fundamentals Summary
|AAON fundamental statistics|
Is AAON overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AAON income statement (TTM)|
|Cost of Revenue||US$450.76m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.14|
|Net Profit Margin||10.05%|
How did AAON perform over the long term?See historical performance and comparison
1.5%Current Dividend Yield
Is AAON undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AAON ($50.08) is trading above our estimate of fair value ($33.53)
Significantly Below Fair Value: AAON is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AAON is poor value based on its PE Ratio (44x) compared to the US Building industry average (16.8x).
PE vs Market: AAON is poor value based on its PE Ratio (44x) compared to the US market (16x).
Price to Earnings Growth Ratio
PEG Ratio: AAON is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: AAON is overvalued based on its PB Ratio (5.5x) compared to the US Building industry average (2.3x).
How is AAON forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AAON's forecast earnings growth (35.2% per year) is above the savings rate (1.9%).
Earnings vs Market: AAON's earnings (35.2% per year) are forecast to grow faster than the US market (12.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: AAON's revenue (19% per year) is forecast to grow faster than the US market (7.8% per year).
High Growth Revenue: AAON's revenue (19% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AAON's Return on Equity is forecast to be high in 3 years time
How has AAON performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AAON has a high level of non-cash earnings.
Growing Profit Margin: AAON's current net profit margins (10%) are lower than last year (14.9%).
Past Earnings Growth Analysis
Earnings Trend: AAON's earnings have grown by 9.4% per year over the past 5 years.
Accelerating Growth: AAON's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AAON had negative earnings growth (-17.8%) over the past year, making it difficult to compare to the Building industry average (27.2%).
Return on Equity
High ROE: AAON's Return on Equity (12.6%) is considered low.
How is AAON's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: AAON's short term assets ($283.7M) exceed its short term liabilities ($114.2M).
Long Term Liabilities: AAON's short term assets ($283.7M) exceed its long term liabilities ($123.1M).
Debt to Equity History and Analysis
Debt Level: AAON's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AAON's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AAON's debt is well covered by operating cash flow (39.3%).
Interest Coverage: AAON's interest payments on its debt are well covered by EBIT (230x coverage).
What is AAON current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AAON's dividend (1.52%) is higher than the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: AAON's dividend (1.52%) is low compared to the top 25% of dividend payers in the US market (3.97%).
Stability and Growth of Payments
Stable Dividend: AAON's dividends per share have been stable in the past 10 years.
Growing Dividend: AAON's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33%), AAON's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: AAON is paying a dividend but the company has no free cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gary Fields (61 yo)
Mr. Gary D. Fields has been Chief Executive Officer at AAON, Inc. since May 12, 2020. Mr. Fields has been the President of AAON, Inc. since November 1, 2016. Mr. Fields is an Owner and President of GKR Par...
CEO Compensation Analysis
Compensation vs Market: Gary's total compensation ($USD2.91M) is below average for companies of similar size in the US market ($USD6.88M).
Compensation vs Earnings: Gary's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: AAON's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: AAON's board of directors are considered experienced (5.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AAON insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AAON, Inc.'s employee growth, exchange listings and data sources
- Name: AAON, Inc.
- Ticker: AAON
- Exchange: NasdaqGS
- Founded: 1987
- Industry: Building Products
- Sector: Capital Goods
- Implied Market Cap: US$2.752b
- Shares outstanding: 53.07m
- Website: https://www.aaon.com
Number of Employees
- AAON, Inc.
- 2425 South Yukon Avenue
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/18 00:00|
|End of Day Share Price||2022/05/18 00:00|
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.