AAON Stock - AAON, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $1.20B | $1.17B | $888.79M | $534.52M | $514.55M |
| Gross Profit | $397.11M | $399.02M | $237.57M | $137.83M | $155.85M |
| Gross Margin | 33.1% | 34.1% | 26.7% | 25.8% | 30.3% |
| Operating Income | $209.12M | $227.49M | $126.76M | $69.25M | $101.84M |
| Net Income | $168.56M | $177.62M | $100.38M | $58.76M | $79.01M |
| Net Margin | 14.0% | 15.2% | 11.3% | 11.0% | 15.4% |
| EPS | $2.07 | $2.19 | $1.26 | $0.75 | $1.01 |
AAON, Inc., together with its subsidiaries, 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 offers rooftop units, data center cooling solutions, cleanroom systems, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils, and controls. The company markets and sells its products to retail, manufacturing, educational, lodging, supermarket, data centers, medical and pharmaceutical, and other commercial industries. It sells its products through a network of independent manufacturer representative organizations and internal sales force. The company was incorporated in 1987 and is based in Tulsa, Oklahoma.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| June 16th 2025 | Sidoti | Upgrade | Buy | $95 |
| February 28th 2025 | CJS Securities | Upgrade | Market Outperform | $110 |
| October 28th 2024 | Robert W. Baird | Upgrade | Outperform | $130← $114 |
| October 22nd 2024 | Sidoti | Downgrade | Neutral | $111← $102 |
| July 24th 2024 | Robert W. Baird | Initiation | Neutral | $100 |
| April 29th 2024 | William Blair | Initiation | Outperform | - |
| February 28th 2023 | CJS Securities | Downgrade | Market Perform | - |
| September 15th 2022 | CJS Securities | Initiation | Market Outperform | $73 |
| May 6th 2022 | DA Davidson | Upgrade | Buy | - |
Earnings History & Surprises
AAONEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 28, 2026 | — | — | — | — |
Q1 2026 | Feb 26, 2026 | $0.45 | — | — | — |
Q4 2025 | Nov 6, 2025 | $0.33 | $0.37 | +12.1% | ✓ BEAT |
Q3 2025 | Aug 11, 2025 | $0.31 | $0.22 | -29.0% | ✗ MISS |
Q2 2025 | Apr 30, 2025 | $0.25 | $0.37 | +48.0% | ✓ BEAT |
Q1 2025 | Feb 27, 2025 | $0.54 | $0.30 | -44.4% | ✗ MISS |
Q4 2024 | Nov 7, 2024 | $0.57 | $0.63 | +10.5% | ✓ BEAT |
Q3 2024 | Aug 1, 2024 | $0.51 | $0.62 | +21.6% | ✓ BEAT |
Q2 2024 | May 2, 2024 | $0.49 | $0.46 | -6.1% | ✗ MISS |
Q1 2024 | Feb 28, 2024 | $0.52 | $0.56 | +7.7% | ✓ BEAT |
Q4 2023 | Nov 6, 2023 | $0.55 | $0.64 | +16.4% | ✓ BEAT |
Q3 2023 | Aug 3, 2023 | $0.43 | $0.55 | +27.9% | ✓ BEAT |
Q2 2023 | May 4, 2023 | $0.36 | $0.45 | +25.0% | ✓ BEAT |
Q1 2023 | Feb 27, 2023 | $0.37 | $0.47 | +27.0% | ✓ BEAT |
Q4 2022 | Nov 7, 2022 | $0.29 | $0.34 | +17.2% | ✓ BEAT |
Q3 2022 | Aug 8, 2022 | $0.28 | $0.20 | -28.6% | ✗ MISS |
Q2 2022 | May 5, 2022 | $0.21 | $0.22 | +4.8% | ✓ BEAT |
Q1 2022 | Feb 28, 2022 | $0.18 | $0.12 | -33.3% | ✗ MISS |
Q4 2021 | Nov 4, 2021 | $0.26 | $0.19 | -26.9% | ✗ MISS |
Q3 2021 | Aug 5, 2021 | $0.22 | $0.25 | +13.6% | ✓ BEAT |
Latest News
AAON shares are trading higher after the company reported better-than-expected Q3 financial results.
📈 PositiveAAON Q3 Adj. EPS $0.37 Beats $0.32 Estimate, Sales $384.238M Beat $336.757M Estimate
📈 PositiveWatching AAON; Jehoshaphat Research Issues Report On The Co Stating They Are Short
📉 NegativeOppenheimer Maintains Outperform on AAON, Raises Price Target to $112
📈 PositiveOppenheimer Assumes AAON at Outperform, Announces Price Target of $105
📈 PositiveAAON shares are trading higher. William Blair issued a Buy rating on the stock.
📈 PositiveAAON Data Center Sales Boost Backlog
📈 PositiveAaon Posts 65 Percent EPS Drop in Q2
📉 NegativeFrequently Asked Questions about AAON
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