NASDAQ · Construction

AAON, Inc. (AAON) Stock

$68.85 -1.11% NASDAQ: AAON Industrials

Valuation

MetricValue
Price$68.85
Market Cap$5.68B
P/E Ratio42.92
P/B Ratio6.77
P/S Ratio3.53
EPS (TTM)$1.29
52-Week High$150.46
52-Week Low$68.85
Dividend Yield0.48%

Financials & Margins

MetricValue
ROE17.21%
ROA8.55%
ROCE13.93%
Gross Margin26.24%
Operating Margin10.40%
Net Margin8.24%
Debt/Equity0.46
Current Ratio2.63

Annual Financials (USD)

Metric20212022202320242025
Revenue$535.0M$889.0M$1.2B$1.2B$1.4B
Operating Profit$69.0M$127.0M$227.0M$209.0M$152.0M
Net Profit$59.0M$100.0M$178.0M$169.0M$108.0M
EPS$0.73$1.24$2.13$2.02$1.29
Op Margin13.0%14.3%19.5%17.4%10.6%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$650.0M$814.0M$941.0M$1.2B$1.7B
Total Liabilities$184.0M$253.0M$206.0M$351.0M$792.0M
Cash$3.0M$5.0M$0$0$0
Borrowings$42.0M$78.0M$51.0M$171.0M$425.0M

Latest News

AAON (AAON) Stock May Be 49% Below Fair Value On Cash Flow Simply Wall St. · Jul 15, 2026 Is AAON (AAON) Undervalued On Its Cooling Growth Narrative? Simply Wall St. · Jul 15, 2026 3 Non-Tech Stocks Still Winning Big on AI MarketBeat · Jul 13, 2026 3 of Wall Street’s Favorite Stocks We’re Skeptical Of StockStory · Jul 6, 2026 Is AAON (AAON) Stock Outpacing Its Construction Peers This Year? Zacks · Jul 3, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$61.0M$61.0M$159.0M$193.0M$-1.0M
Investing Cash Flow$-214.0M$-130.0M$-214.0M$-409.0M$-383.0M
Financing Cash Flow$-22.0M$-14.0M$-27.0M$-109.0M$-40.0M
Net Cash Flow$-79.0M$2.0M$3.0M$-3.0M$-5.0M
Free Cash Flow$6.0M$7.0M$55.0M$-3.0M$-191.0M

Valuation & Return Ratios

MetricValue
PEG Ratio1.46
EV / EBITDA22.77
FCF Yield-1.74%
Quick Ratio2.01
Interest Coverage17.71
Return 1Y1.54%
Return 3Y62.50%
Return 5Y82.12%

Ownership

Insiders Held16.84%
Institutions Held87.73%
Institutions Float Held105.49%
Institutional HolderSharesReport Date
Wellington Management Group, LLP7,977,1642026-03-31
Blackrock Inc.6,560,4222026-03-31
Vanguard Capital Management LLC3,099,1212026-03-31
Vanguard Portfolio Management LLC2,908,0912026-03-31
Wasatch Advisors LP2,338,5172026-06-30

About AAON, Inc.

AAON, Inc. is led by CEO Matthew J. Tobolski, employs 5,897 people, headquartered in Tulsa, US, publicly traded since 1992.

AAON, Inc. (AAON) stock trades at $68.85 with a market capitalization of $5.68B. The stock is valued at a price-to-earnings (P/E) ratio of 42.92, price-to-book of 6.77, price-to-sales of 3.53. Over the past 52 weeks the stock has ranged between $68.85 and $150.46, and currently trades 54.2% below its 52-week high. It pays a dividend yielding 0.48%.

On profitability, AAON, Inc. generates a return on equity (ROE) of 17.21%, above the typical market range of roughly 12-15%, return on capital employed of 13.93%, an operating margin of 10.40%, a net profit margin of 8.24%.

AAON, Inc. by the numbers, 2016–2025

Between 2016 and 2025 AAON, Inc. reported revenue of $384.0M rising to $1.4B, a change of +275.5% across 10 years. Compounded, revenue has grown 22.9% a year over five years, 17.5% over three, 20.1% over the last twelve months. Net profit rose to $108.0M.

Operating margin went from 20.7% in 2016 to 10.6% in 2025, a fall of 10.2 percentage points. The most recent net margin is 8.24%. On a trailing twelve-month basis to Jun '26, revenue is $1.9B and net profit $160.0M.

Borrowings stand at $425.0M, cash from operations was $-1.0M in the latest year, positive in 9 of the last 10.

Return on equity has averaged 17.4% over five years, and was 12.1% in the most recent year.

The share price itself has compounded at 26.4% a year over five years, 28.0% over three, 81.8% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

AAON, Inc. (AAON) — frequently asked questions

What is AAON, Inc. (AAON) stock price today?

AAON, Inc. (AAON) is currently trading at $68.85, down 1.11% today.

What is AAON P/E ratio?

AAON, Inc.'s P/E ratio is 42.92. This is above the typical market average of roughly 18-22x. A high P/E often reflects higher expected earnings growth, a temporary dip in earnings, or both.

What is AAON return on equity (ROE)?

AAON, Inc.'s return on equity (ROE) is 17.21%. ROE measures net income relative to shareholders' equity. This is above the typical market range of roughly 12-15%.

What is AAON, Inc.'s market cap?

AAON, Inc. has a market capitalization of $5.68B.

Does AAON pay a dividend?

Yes. AAON, Inc. currently yields 0.48%. Yield moves with the share price, so it changes daily even when the payment does not.

How much debt does AAON carry?

AAON, Inc. has a debt-to-equity ratio of 0.46. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is AAON's profit margin?

AAON, Inc. reports a net profit margin of 8.24% — the share of revenue left after every cost, including tax and interest.

What sector is AAON in?

AAON, Inc. is classified under Industrials, in the Construction industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is AAON listed on?

AAON, Inc. trades on NASDAQ under the ticker AAON.

What is AAON's 52-week range?

Over the last year AAON, Inc. has traded between $68.85 and $150.46.

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Screens AAON currently matches

On the figures above, AAON, Inc. passes the filters for 4 of our ready-made screens, among them Stocks Under $100, Mid Cap Stocks, Debt to Equity Below 1 Stocks. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

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