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AAON, INC.

AAON

$54.40 ▼ -3.81 (-6.55%) at close

18 Visible periods

26 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Fair

Neutral

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Analytical Summary

AAON, INC. shows mixed fundamentals. Consider comparing against peers in the Industrials sector before making investment decisions.

Market Cap $4.4B

Dividend Yield 0.74%

Revenue Growth 20.1% ↗

Op. Margin 10.1% ↘

ROIC —

FCF / Share $0.01 ↘

Trailing P/E 41.2x

Price / Book —

FCF Yield 0.0%

Debt / Equity —

info Valuation on last close. End-of-day price, Nov 5, 2026.

18-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$1.44B

↑ +20.1% —

Net Income Profit after all expenses

$107.59M

↓ -36.2% —

Operating Margin Operating profit as % of sales

10.1%

↓ -41.8% 57th

FCF / Share Free cash flow per share

$0.01

↓ -99.7% —

Health Breakdown

Profitability ↓

Financial Health ↓

Cash Quality ↓

Dividend History

Dividend / share · sourced from SEC filings

$0.40 Latest / share

+25.0% YoY

+11.6% 12-yr CAGR

$0.12

FY 2014

$0.15

FY 2015

$0.16

FY 2016

$0.17

FY 2017

$0.21

FY 2018

$0.21

FY 2019

$0.25

FY 2020

$0.25

FY 2021

$0.29

FY 2022

$0.32

FY 2023

$0.32

FY 2024

$0.40

FY 2025

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Mar 31, 2018 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue Growth YoY (%)	20.1% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+302%)	2.7% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-45%)	31.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+529%)	66.3% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1226%)	3.9% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-22%)	9.6% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+93%)	8.2% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+63%)	7.1% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+42%)	5.5% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+11%)	7.1% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+41%)	0.6% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-87%)	11.0% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+119%)	5.9% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+19%)	13.9% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+177%)	8.9% Fair Fair Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+77%)	-0.3% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-106%)	—	—
EPS Growth YoY (%)	-36.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-5.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	73.8% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	68.7% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-25.8% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	46.6% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	27.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-20.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	1.0% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	18.8% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	4.9% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	19.1% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	-8.9% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	96.5% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-34.5% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	-18.7% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	-36.2% Weak ↓ Weak Declining Year-over-year change in net income	-5.1% Weak ↓ Weak Declining Year-over-year change in net income	77.0% Excellent ↑ Excellent Improving Year-over-year change in net income	70.8% Excellent ↑ Excellent Improving Year-over-year change in net income	-25.6% Weak ↓ Weak Declining Year-over-year change in net income	47.1% Excellent ↑ Excellent Improving Year-over-year change in net income	26.9% Excellent ↑ Excellent Improving Year-over-year change in net income	-21.4% Weak ↓ Weak Declining Year-over-year change in net income	0.9% Caution ↓ Caution Declining Year-over-year change in net income	16.7% Good ↓ Good Declining Year-over-year change in net income	3.6% Caution ↓ Caution Declining Year-over-year change in net income	17.6% Good ↓ Good Declining Year-over-year change in net income	36.8% Excellent ↑ Excellent Improving Year-over-year change in net income	96.3% Excellent ↑ Excellent Improving Year-over-year change in net income	-36.1% Weak Weak Year-over-year change in net income	-21.0% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%)	-99.7% Weak ↓ Weak Declining Year-over-year change in free cash flow	20.7% Good ↓ Good Declining Year-over-year change in free cash flow	154.1% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-1.0% Weak ↓ Weak Declining Year-over-year change in free cash flow	-52.7% Weak ↓ Weak Declining Year-over-year change in free cash flow	31.3% Excellent ↓ Excellent Declining Year-over-year change in free cash flow	79.2% Excellent Excellent Year-over-year change in free cash flow	-4.9% Weak Weak Year-over-year change in free cash flow	—	—	—	—	—	94.3% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-15.9% Weak Weak Year-over-year change in free cash flow	-27.2% Weak Weak Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	17.5% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	31.0% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	31.4% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	23.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	7.2% Fair → Fair Stable Compound annual revenue growth over 3 years	8.3% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	6.9% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	6.6% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	4.4% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	6.1% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	5.8% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	10.2% Good ↑ Good Improving Compound annual revenue growth over 3 years	9.5% Fair Fair Compound annual revenue growth over 3 years	7.3% Fair Fair Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	22.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	20.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	21.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	17.0% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	6.8% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	7.5% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	5.7% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	6.2% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	6.0% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	7.6% Fair → Fair Stable Compound annual revenue growth over 5 years	8.0% Fair Fair Compound annual revenue growth over 5 years	7.8% Fair Fair Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	1.6% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	40.5% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	29.6% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	22.4% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	11.4% Good ↑ Good Improving Compound annual EPS growth over 3 years	14.0% Good ↑ Good Improving Compound annual EPS growth over 3 years	0.7% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	-1.6% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	8.0% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	14.1% Good ↑ Good Improving Compound annual EPS growth over 3 years	4.4% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	28.7% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	5.4% Fair Fair Compound annual EPS growth over 3 years	1.5% Caution Caution Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Mar 31, 2018 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Operating Margin (%) (%)	10.1% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-15%)	17.4% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+45%)	19.5% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+62%)	14.3% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+19%)	13.0% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+8%)	19.8% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+65%)	14.3% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+19%)	12.8% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+6%)	18.3% Good ↓ Good Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+53%)	20.7% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+73%)	19.9% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+66%)	19.1% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+59%)	17.4% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+45%)	14.6% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+22%)	8.3% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-31%)	13.4% Fair Fair Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+11%)	17.8% Fair Fair Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+49%)	—
Effective Tax Rate (%) (%)	16.4% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	18.4% Good → Good Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	20.4% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	19.4% Good → Good Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.1% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	22.5% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	19.9% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.7% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	27.9% Caution ↓ Caution Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	33.3% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	35.9% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	35.3% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	33.3% Weak ↓ Weak Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	38.1% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	35.0% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	33.0% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	36.8% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	7.5% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-7%)	14.0% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+75%)	15.2% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+90%)	11.3% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+41%)	11.0% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+37%)	15.4% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+92%)	11.4% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+43%)	9.8% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+22%)	13.3% Fair → Fair Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+66%)	13.9% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+74%)	12.8% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+59%)	12.4% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+55%)	11.7% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+46%)	9.1% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+13%)	5.3% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-34%)	9.0% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+12%)	11.3% Fair Fair Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+41%)	—
FCF Margin (%) (%)	0.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	16.0% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	13.6% Fair ↓ Fair Declining Free cash flow as a percentage of revenue Optimal: > 10%	6.9% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	11.4% Fair ↓ Fair Declining Free cash flow as a percentage of revenue Optimal: > 10%	25.0% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	20.9% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	12.6% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	14.3% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	—	16.9% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	9.9% Caution ↓ Caution Declining Free cash flow as a percentage of revenue Optimal: > 10%	13.1% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	18.4% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.00x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.14x Fair ↑ Fair Improving Free cash flow relative to reported net income Optimal: > 1x	0.89x Caution ↓ Caution Declining Free cash flow relative to reported net income Optimal: > 1x	0.61x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.04x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	1.63x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.82x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.30x Good Good Free cash flow relative to reported net income Optimal: > 1x	1.08x Fair Fair Free cash flow relative to reported net income Optimal: > 1x	—	—	—	—	1.86x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.89x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.47x Good Good Free cash flow relative to reported net income Optimal: > 1x	1.63x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 1 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Mar 31, 2018 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Return on Capital (%) (%)	8.7% Fair ↓ Fair Declining Operating profit relative to total assets Optimal: > 10%	17.8% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	24.2% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	15.6% Excellent ↓ Excellent Declining Operating profit relative to total assets Optimal: > 10%	10.7% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	22.7% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	18.0% Excellent ↓ Excellent Declining Operating profit relative to total assets Optimal: > 10%	17.6% Excellent ↓ Excellent Declining Operating profit relative to total assets Optimal: > 10%	24.2% Excellent ↓ Excellent Declining Operating profit relative to total assets Optimal: > 10%	31.0% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	30.6% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	30.0% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	25.9% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	22.9% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	12.4% Good Good Operating profit relative to total assets Optimal: > 10%	20.4% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	—	—

⚖️ Is the balance sheet risky? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Mar 31, 2018 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Interest Coverage (x)	8.81x Good ↓ Good Declining Operating income divided by interest expense Optimal: > 5x	74.39x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	47.23x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	52.55x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—	—	—	9225.17x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—	—	—	—	—	1005.32x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	80.03x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	727.00x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	4861.56x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$-13.00K	$-14.00K	$-287.00K	$-5.45M	$-2.86M	$-79.03M	$-26.80M	$-1.99M	—	$-24.15M	$-7.91M	$-21.95M	$-12.09M	$-3.16M	$-13.00K	$-2.39M	$-25.64M	$-269.00K

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Mar 31, 2018 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue per Share (USD)	$17.69	$14.74	$14.40	$11.17	$6.80	$6.58	$6.01	$5.53	$5.14	$4.84	$4.42	$4.33	$3.88	$5.49	$4.79	$4.31	$4.23	—
Basic EPS, GAAP (USD)	$1.32	$2.07	$2.19	$1.26	$0.75	$1.01	$0.69	$0.54	$0.68	$0.67	$0.57	$0.54	$0.45	$0.50	$0.25	$0.39	$0.48	—
Free Cash Flow per Share (USD)	$0.01	$2.36	$1.96	$0.77	$0.78	$1.65	$1.25	$0.70	$0.74	—	—	—	—	$0.93	$0.48	$0.57	$0.78	—
Dividend per Share (USD)	$0.40	$0.32	$0.32	$0.29	$0.25	$0.25	$0.21	$0.21	$0.17	$0.16	$0.15	$0.12	$0.09	$0.16	$0.11	$0.11	$0.11	—
Basic Weighted Avg Shares (shares)	81.53M	81.47M	81.16M	79.58M	78.61M	78.25M	78.12M	78.43M	78.86M	79.39M	81.07M	82.21M	82.68M	55.24M	55.55M	56.70M	58.01M	—
Dividend Payout Ratio (%)	30.3% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	15.5% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	14.6% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	23.0% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	33.9% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	25.2% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	31.1% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	39.5% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	25.5% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	23.8% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	25.9% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	22.2% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	19.1% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	32.1% Good → Good Stable Dividends paid as a percentage of earnings Optimal: 30-60%	42.1% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	27.6% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	22.4% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—

🏦 How resilient is the balance sheet? 1 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Mar 31, 2018 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Working Capital (USD)	$538.33M	$313.31M	$282.20M	$203.55M	$131.31M	$161.22M	$131.52M	$91.41M	$97.87M	$101.94M	$80.80M	$82.23M	$77.29M	$51.92M	$45.70M	$55.50M	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Mar 31, 2018 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Sales/Revenue/Turnover (USD)	$1.44B	$1.20B	$1.17B	$888.79M	$534.52M	$514.55M	$469.33M	$433.95M	$405.23M	$383.98M	$358.63M	$356.32M	$321.14M	$303.11M	$266.22M	$244.55M	$245.28M	—
Depreciation Expense (USD)	$79.19M	$62.73M	$46.47M	$35.11M	$30.34M	$25.63M	$22.77M	$17.66M	$15.01M	$13.04M	$11.74M	$11.55M	$12.31M	$13.41M	$11.40M	$9.89M	$9.06M	—
Net Income, GAAP (USD)	$107.59M	$168.56M	$177.62M	$100.38M	$58.76M	$79.01M	$53.71M	$42.33M	$53.83M	$53.38M	$45.73M	$44.16M	$37.55M	$27.45M	$13.99M	$21.89M	$27.72M	—
Operating Cash Flow (USD)	$534.00K	$192.53M	$158.90M	$61.32M	$61.18M	$128.81M	$97.92M	$54.86M	$57.99M	—	—	—	—	$51.17M	$26.48M	$32.15M	$45.20M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 5 days ago 18 years · 68 quarters

AAON, INC.

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