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AAON Aaon Inc

NASDAQ
Industrials
Building

$74.83

▼ 3.2%

Updated Oct 16, 2:25 PM ET

Report Card

AAON at a glance — five pillars scored 0–100 from real filed financials.

How the 0–100 rating is calculated
Value
—
Growth
—
Profitability
—
Health
100
Dividends
—

Overall: not rated yet. This stock's fundamentals ratios aren't loaded, so only the pillars its filings support are scored.

Key Metrics

Market Cap

—

P/E

—

Forward P/E (est.)

—

ROE

—

Revenue Growth

—

EPS Growth

—

Profit Margin

—

FCF Yield

—

Debt / Equity

—

ROIC

—

Interest Coverage

—

Current Ratio

3.01x

Dividend Yield

—

Implied Growth (rev. DCF)

—

Rating Score

Not rated

Business Overview

Research

Aaon Inc (AAON) is a NASDAQ-listed company in the Building industry, within the Industrials sector.

In its latest reported year it generated about $1.44B in revenue and $107.59M in net profit.

Our model hasn't rated AAON yet because its fundamentals ratios (P/E, margins, returns on capital, leverage) aren't loaded. Any financial history below comes straight from its SEC filings and refreshes automatically.

Economic Moat

Evidence of durable competitive advantage in the filed financials (10 years of history).

Profit margins and economic moats, explained
Narrow moat signalsMoat evidence score: 69/100

Some durable-advantage evidence, but not across the board — dig into which ingredient is weak and whether it's cyclical or structural.

Gross margin level28/100

31.3% average over the last 3 years

Gross margin stability59/100

±3.3 pts around 28.7% across 10 years

Revenue durability100/100

grew in 9 of the last 9 year-over-year periods

Free-cash-flow consistency100/100

positive in 9 of 9 years

A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.

Revenue Growth

Research
How to read an income statement

4Y CAGR

28.2%

Revenue moved from $383.98M in 2016 to $1.44B in 2025, a 15.8% compound annual growth rate. The most recent year was roughly steady year over year. Slower, mature growth is common for established businesses.

Gross Margin

26.7%

Operating Margin

10.1%

Net Margin

7.5%

ROE

—

Debt Analysis

Research
1/1 checks passedShort-term bills covered

Total Debt

—

Net Debt

—

Net Debt / EBITDA

—

Debt / Equity

—

Leverage: debt-to-equity is n/a, with a current ratio of 3.0x. Detailed balance-sheet leverage is limited for this name.

Cash Flow Analysis

Research

Operating CF

$534.00K

Free Cash Flow

$534.00K

FCF Margin

0.0%

In the latest year Aaon Inc produced about $534.00K of operating cash flow and $534.00K of free cash flow after capital spending. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.

Dividend Safety

Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.

What to look for in a dividend stock
At RiskSafety score: 39/100

Coverage is weak, the payout was cut recently, or it's being financed rather than earned — treat the current yield as fragile.

Per share (latest FY)

$0.40

Total paid (latest FY)

$32.60M

History on record

10 years

Free-cash-flow coverage0/100

dividend uses 6105% of free cash flow

Earnings payout ratio100/100

30% of net income paid out

Raise streak13/100

total dividends increased 1 year in a row

Cut history100/100

no cuts in the last 10 years on record

Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.

Valuation Analysis

Research
What is a reasonable P/E ratio?

P/E

—

P/S

—

P/B

—

EV / EBITDA

—

AAON trades at n/a trailing earnings. Its valuation ratios aren't loaded yet, so there is no P/E to judge here.

Metrics vs. Sector Range

Where AAON sits versus the Industrials companies we cover.

TTM P/E
——
Forward P/E
——
P/S ratio
——
Revenue growth
——
EPS growth
——
Gross margin
26.7%Weak
Net margin
——
ROE
——

Bands show the middle half (25th–75th percentile) of the 144 Industrials companies in our coverage that have fundamentals data — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.

Sector Peer Comparison

How AAON stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.

AAON doesn't have a model rating yet (its fundamentals ratios aren't loaded), so it isn't ranked against the 142 rated Industrials companies we cover.

P/E vs sector

—

median 30.5x

ROE vs sector

—

median 18.1%

Growth vs sector

—

median 6.0%

Sector rank

—

not rated yet

CompanyP/ERev Gr.Rating
AAONThis stock——Not rated
WMS27.2x5.0%Neutral· 48
OC—-12.2%Weak· 20
MOD100.4x23.1%Weak· 38
CSL20.5x-0.5%Neutral· 47
AOS15.5x0.2%Favorable· 59
BLDR20.1x-8.3%Weak· 35
SARO23.5x15.0%Favorable· 60
Industrials median30.5x6.0%50/100

Valuation vs. quality map

sector medianWMSMODCSLAOSBLDRSAROP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Industrials companies by sub-industry and size, preferring ones with full data. Sector medians and rank use the 142 rated companies among the 273 Industrials stocks we cover. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

What drives this projection, and its limits

2030 scenario price range (Base Case)

$21.59 – $35.98

vs. $74.83 today · implied CAGR -22% – -14%

Metric20262027202820292030
Revenue$1.56B$1.68B$1.82B$1.96B$2.12B
Net income$109.02M$117.74M$127.16M$137.33M$148.32M
EPS$1.32$1.43$1.54$1.67$1.80
Share price (low)$15.87$17.14$18.51$19.99$21.59
Share price (high)$26.44$28.56$30.84$33.31$35.98
CAGR (low–high)-79% / -65%-52% / -38%-37% / -26%-28% / -18%-22% / -14%

Educational scenario model, not a forecast or investment advice. It starts from the latest annual revenue in SEC filings. By default, growth is trailing revenue growth (held between 3% and 45% a year), the net margin is the latest one (held between 3% and 50%, so a loss-making company is modeled with a small profit), and the Base case P/E runs from 60% to 100% of today's. Carrying recent growth forward five years can miss badly in either direction. Outputs are only as good as the assumptions. Growth, margin or P/E data is missing for this stock, so some starting values above are placeholders rather than measurements.

Key Risks

Research

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Analyst Ratings

What 14 Wall Street analysts covering AAON recommend (September 2026). Consensus is a useful sanity check — not a substitute for your own homework.

Buy
consensus · score 4.4 / 5 across 14 analysts
Strong Buy 7Buy 5Hold 2Sell 0Strong Sell 0

Analysts have turned more cautious over the last three months (-6 pts of buy ratings).

Latest SEC Filings

AAON's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen. How to read a 10-K

AAON — frequently asked questions

Is AAON a good stock to buy?

We don't give buy or sell advice. Review Aaon Inc's fundamentals, valuation, and 5-year financials on this page, then make your own decision — and consider a licensed professional.

Where does AAON's data come from?

Live price data plus the annual financials in Aaon Inc's SEC filings, refreshed automatically. Its fundamentals ratios aren't loaded yet, which is why it has no model rating.

How is the 5-year projection for AAON calculated?

It's a scenario model. It starts from the latest annual revenue and net margin in SEC filings, grows revenue at an assumed rate (trailing revenue growth by default), and applies a P/E range built around today's multiple to show the resulting share-price range. When a stock has no growth or P/E data, the starting values are placeholders. It's a tool for thinking, not a prediction.

Is this AAON analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell AAON. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.