AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. More Details
No risks detected for AAON from our risk checks.
Flawless balance sheet with proven track record.
Share Price & News
How has AAON's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AAON is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: AAON's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: AAON underperformed the US Building industry which returned 69% over the past year.
Return vs Market: AAON underperformed the US Market which returned 34.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is AAON's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWith EPS Growth And More, AAON (NASDAQ:AAON) Is Interesting
4 weeks ago | Simply Wall StAAON's (NASDAQ:AAON) Returns On Capital Not Reflecting Well On The Business
1 month ago | Simply Wall StRead This Before Buying AAON, Inc. (NASDAQ:AAON) Shares
Is AAON undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AAON ($62.04) is trading above our estimate of fair value ($12.06)
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 (44.1x) compared to the US Building industry average (26.1x).
PE vs Market: AAON is poor value based on its PE Ratio (44.1x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: AAON is poor value based on its PEG Ratio (5x)
Price to Book Ratio
PB vs Industry: AAON is overvalued based on its PB Ratio (8.7x) compared to the US Building industry average (2.7x).
How is AAON forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AAON's forecast earnings growth (8.7% per year) is above the savings rate (2%).
Earnings vs Market: AAON's earnings (8.7% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: AAON's earnings are forecast to grow, but not significantly.
Revenue vs Market: AAON's revenue (6.8% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: AAON's revenue (6.8% 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?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AAON has high quality earnings.
Growing Profit Margin: AAON's current net profit margins (14.9%) are higher than last year (13.6%).
Past Earnings Growth Analysis
Earnings Trend: AAON's earnings have grown by 8.1% per year over the past 5 years.
Accelerating Growth: AAON's earnings growth over the past year (10.1%) exceeds its 5-year average (8.1% per year).
Earnings vs Industry: AAON earnings growth over the past year (10.1%) underperformed the Building industry 48%.
Return on Equity
High ROE: AAON's Return on Equity (19.7%) is considered low.
How is AAON's financial position?
Financial Position Analysis
Short Term Liabilities: AAON's short term assets ($245.4M) exceed its short term liabilities ($66.7M).
Long Term Liabilities: AAON's short term assets ($245.4M) exceed its long term liabilities ($43.7M).
Debt to Equity History and Analysis
Debt Level: AAON is debt free.
Reducing Debt: AAON has not had any debt for past 5 years.
Debt Coverage: AAON has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AAON has no debt, therefore coverage of interest payments is not a concern.
What is AAON current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AAON's dividend (0.61%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: AAON's dividend (0.61%) is low compared to the top 25% of dividend payers in the US market (3.54%).
Stability and Growth of Payments
Stable Dividend: AAON is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: AAON is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: AAON is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AAON's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gary Fields (61 yo)
Mr. Gary D. Fields has been Chief Executive Officer at AAON, Inc. since May 12, 2020. Mr. Fields has been the President of AAON Inc. since November 1, 2016. Mr. Fields is an Owner and President of GKR Part...
CEO Compensation Analysis
Compensation vs Market: Gary's total compensation ($USD2.39M) is below average for companies of similar size in the US market ($USD5.32M).
Compensation vs Earnings: Gary's compensation has increased by more than 20% in the past year.
Experienced Management: AAON's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: AAON's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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 company bio, employee growth, exchange listings and data sources
- Name: AAON, Inc.
- Ticker: AAON
- Exchange: NasdaqGS
- Founded: 1987
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: US$3.253b
- Shares outstanding: 52.44m
- Website: https://www.aaon.com
Number of Employees
- AAON, Inc.
- 2425 South Yukon Avenue
- United States
AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. It offers rooftop units, ch...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/04 23:10|
|End of Day Share Price||2021/08/04 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.