AAON, INC.
AAONNasdaq
$111.42
↓ -1.6%Jul 17 close · end-of-day
Price
1Y↑ +50.7%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$9.3B
Enterprise Value
$9.3B
P/E
78.5
P/S
5.7
P/B
9.9
EV/EBITDA
37.2
PEG
59.2
FCF Yield
—
Dividend Yield
0.4%
Revenue (TTM)
$1.6B
Net Income (TTM)
$118.1M
Free Cash Flow (TTM)
—
Gross Margin
26.2%
Operating Margin
10.4%
Net Margin
7.3%
ROE
12.6%
ROIC
14.3%
Debt / Equity
—
Net Cash
$13,000.00
Return 1Y
+40.8%
Company profile
AAON, Inc. 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 sells its products through a network of independent manufacturer representative organizations and internal sales force.
- CEO
- Gary D. Fields
- Sector
- Manufacturing
- Industry
- Machinery
- Employees
- 3,670
- Headquarters
- Oklahoma
- Website
- aaon.com
Management & directors
- Thompson RebeccaChief Accounting Officer
- Wichman Gordon DouglasExecutive Vice President
- Kidwell CaseyChief Administration Officer
- Tobolski Matthew JosephChief Executive Officer
- Cheung Chung KinChief Financial Officer
- Shaub MatthewExecutive Vice President
- Wakefield Stephen EExecutive Vice President
- Eason Christopher DouglasPrincipal Accounting Officer
Roles derived from SEC Form 4 filings.
Earnings
AAON Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$496.9M↑ +54.3%
Diluted EPS$0.48↑ +37.1%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $514.6M | $534.5M | $888.8M | $1.2B | $1.2B | $1.4B |
| Gross profit | $155.8M | $137.8M | $237.6M | $399.0M | $397.1M | $385.7M |
| Operating income | $101.8M | $69.3M | $126.8M | $227.5M | $209.1M | $146.2M |
| Net income | $79.0M | $58.8M | $100.4M | $177.6M | $168.6M | $107.6M |
| Diluted EPS | $1.49 | $0.73 | $1.24 | $2.13 | $2.02 | $1.29 |
| Operating cash flow | $128.8M | $61.2M | $61.3M | $158.9M | $192.5M | $534,000.00 |
| Free cash flow | — | — | — | — | — | — |
| Gross margin | 30.3% | 25.8% | 26.7% | 34.1% | 33.1% | 26.7% |
| Operating margin | 19.8% | 13.0% | 14.3% | 19.5% | 17.4% | 10.1% |
| Net margin | 15.4% | 11.0% | 11.3% | 15.2% | 14.0% | 7.5% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $313.6M | $327.3M | $297.7M | $322.1M | $311.6M | $384.2M | $424.2M | $496.9M |
| Gross profit | $113.1M | $114.2M | $77.6M | $86.4M | $82.7M | $106.9M | $109.8M | $125.0M |
| Operating income | $67.2M | $65.5M | $29.4M | $35.1M | $23.6M | $43.6M | $44.0M | $57.1M |
| Net income | $52.2M | $52.6M | $24.7M | $29.3M | $15.5M | $30.8M | $32.0M | $39.8M |
| Diluted EPS | $0.62 | $0.63 | $0.31 | $0.35 | $0.19 | $0.37 | $0.38 | $0.48 |
| Operating cash flow | $35.5M | $63.8M | $845,000.00 | -$9.2M | -$21.8M | $12.3M | $19.3M | $34.0M |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | 36.1% | 34.9% | 26.1% | 26.8% | 26.6% | 27.8% | 25.9% | 25.1% |
| Operating margin | 21.4% | 20.0% | 9.9% | 10.9% | 7.6% | 11.3% | 10.4% | 11.5% |
| Net margin | 16.7% | 16.1% | 8.3% | 9.1% | 5.0% | 8.0% | 7.6% | 8.0% |
Company news
Jul 15, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-02 | Thompson Rebecca· Chief Accounting Officer | Sale | 4,230 | $143.42 | $606,666.60 | filing |
| 2026-05-29 | Fields Gary D | Sale | 19,000 | $140.20 | $2.7M | filing |
| 2026-05-29 | ASBJORNSON NORMAN H | Gift | 101,441 | $0.00 | $0.00 | filing |
| 2026-05-29 | ASBJORNSON NORMAN H | Gift | 88,000 | $0.00 | $0.00 | filing |
| 2026-05-26 | Fields Gary D | Sale | 21,173 | $140.34 | $3.0M | filing |
| 2026-05-26 | Fields Gary D | Option exercise | 21,173 | $48.91 | $1.0M | filing |
| 2026-05-26 | Wichman Gordon Douglas· Executive Vice President | Sale | 3,000 | $140.39 | $421,170.00 | filing |
| 2026-05-26 | Wichman Gordon Douglas· Executive Vice President | Option exercise | 3,000 | $27.58 | $82,740.00 | filing |
| 2026-05-14 | Kidwell Casey· Chief Administration Officer | Sale | 2,084 | $138.30 | $288,217.20 | filing |
| 2026-05-14 | Kidwell Casey· Chief Administration Officer | Option exercise | 2,084 | $79.73 | $166,157.32 | filing |
| 2026-05-14 | Kidwell Casey· Chief Administration Officer | Sale | 1,069 | $138.31 | $147,853.39 | filing |
| 2026-05-14 | Kidwell Casey· Chief Administration Officer | Option exercise | 1,069 | $82.39 | $88,074.91 | filing |
| 2026-05-13 | Fields Gary D | Sale | 19,081 | $137.60 | $2.6M | filing |
| 2026-05-13 | Tobolski Matthew Joseph· Chief Executive Officer | Sale | 8,000 | $135.37 | $1.1M | filing |
| 2026-05-13 | Fields Gary D | Option exercise | 19,081 | $36.13 | $689,396.53 | filing |
| 2026-05-13 | Tobolski Matthew Joseph· Chief Executive Officer | Tax withholding | 467 | $135.37 | $63,217.79 | filing |
| 2026-05-12 | Fields Gary D | Sale | 26,018 | $134.07 | $3.5M | filing |
| 2026-05-12 | Fields Gary D | Option exercise | 26,018 | $48.91 | $1.3M | filing |
| 2026-05-12 | Fields Gary D | Sale | 5,253 | $134.05 | $704,164.65 | filing |
| 2026-05-12 | Fields Gary D | Option exercise | 5,253 | $31.69 | $166,467.57 | filing |
| 2026-05-12 | LeClair Stephen O | Award | 1,290 | $0.00 | $0.00 | filing |
| 2026-05-12 | Lawhorn Caron A | Award | 1,290 | $0.00 | $0.00 | filing |
| 2026-05-12 | Kouplen Angela | Award | 1,290 | $0.00 | $0.00 | filing |
| 2026-05-12 | Stewart David Raymond | Award | 1,290 | $0.00 | $0.00 | filing |
| 2026-05-12 | Ware Bruce | Award | 1,290 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.