89.18 USD
+1.34 (+1.53%)
AAON gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 42 industry peers in the Building Products industry. AAON has an average financial health and profitability rating. AAON is valued quite expensive, but it does show an excellent growth. This makes AAON very considerable for growth investing!
1. Profitability
1.1 Basic Checks
- AAON had positive earnings in the past year.
- In the past year AAON has reported a negative cash flow from operations.
- In the past 5 years AAON has always been profitable.
- In the past 5 years AAON always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of AAON (6.56%) is comparable to the rest of the industry.
- AAON has a Return On Equity (11.65%) which is comparable to the rest of the industry.
- With a Return On Invested Capital value of 8.17%, AAON perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for AAON is significantly above the industry average of 12.63%.
- The 3 year average ROIC (18.30%) for AAON is well above the current ROIC(8.17%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.56% | ||
| ROE | 11.65% | ||
| ROIC | 8.17% |
ROA(3y)15.18%
ROA(5y)14.44%
ROE(3y)20.84%
ROE(5y)19.53%
ROIC(3y)18.3%
ROIC(5y)16.85%
1.3 Margins
- AAON has a Profit Margin of 7.64%. This is comparable to the rest of the industry: AAON outperforms 59.52% of its industry peers.
- In the last couple of years the Profit Margin of AAON has grown nicely.
- AAON has a Operating Margin (9.98%) which is comparable to the rest of the industry.
- AAON's Operating Margin has improved in the last couple of years.
- AAON has a Gross Margin of 26.88%. This is in the lower half of the industry: AAON underperforms 64.29% of its industry peers.
- AAON's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.98% | ||
| PM (TTM) | 7.64% | ||
| GM | 26.88% |
OM growth 3Y10.34%
OM growth 5Y3.96%
PM growth 3Y8.47%
PM growth 5Y4.17%
GM growth 3Y8.66%
GM growth 5Y5.39%
2. Health
2.1 Basic Checks
- AAON has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- AAON has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for AAON has been increased compared to 5 years ago.
- AAON has a worse debt/assets ratio than last year.
2.2 Solvency
- AAON has an Altman-Z score of 8.69. This indicates that AAON is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 8.69, AAON belongs to the top of the industry, outperforming 90.48% of the companies in the same industry.
- AAON has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of AAON (0.44) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 8.69 |
ROIC/WACC0.84
WACC9.72%
2.3 Liquidity
- AAON has a Current Ratio of 3.04. This indicates that AAON is financially healthy and has no problem in meeting its short term obligations.
- AAON has a better Current ratio (3.04) than 76.19% of its industry peers.
- AAON has a Quick Ratio of 2.03. This indicates that AAON is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 2.03, AAON belongs to the top of the industry, outperforming 80.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.04 | ||
| Quick Ratio | 2.03 |
3. Growth
3.1 Past
- AAON shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -44.49%.
- AAON shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.49% yearly.
- Looking at the last year, AAON shows a quite strong growth in Revenue. The Revenue has grown by 8.77% in the last year.
- The Revenue has been growing by 20.67% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-44.49%
EPS 3Y37.89%
EPS 5Y23.49%
EPS Q2Q%-41.27%
Revenue 1Y (TTM)8.77%
Revenue growth 3Y30.96%
Revenue growth 5Y20.67%
Sales Q2Q%17.41%
3.2 Future
- AAON is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.22% yearly.
- AAON is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.82% yearly.
EPS Next Y-29.63%
EPS Next 2Y0.67%
EPS Next 3Y17.12%
EPS Next 5Y18.22%
Revenue Next Year13.62%
Revenue Next 2Y12.98%
Revenue Next 3Y13.67%
Revenue Next 5Y15.82%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
- AAON is valuated quite expensively with a Price/Earnings ratio of 70.78.
- Based on the Price/Earnings ratio, AAON is valued a bit more expensive than 78.57% of the companies in the same industry.
- AAON is valuated expensively when we compare the Price/Earnings ratio to 27.33, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 43.78, AAON can be considered very expensive at the moment.
- Based on the Price/Forward Earnings ratio, AAON is valued a bit more expensive than the industry average as 73.81% of the companies are valued more cheaply.
- AAON's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.12.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 70.78 | ||
| Fwd PE | 43.78 |
4.2 Price Multiples
- 80.95% of the companies in the same industry are cheaper than AAON, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 36.26 |
4.3 Compensation for Growth
- AAON has a very decent profitability rating, which may justify a higher PE ratio.
- AAON's earnings are expected to grow with 17.12% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)3.01
EPS Next 2Y0.67%
EPS Next 3Y17.12%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.50%, AAON is not a good candidate for dividend investing.
- AAON's Dividend Yield is comparable with the industry average which is at 0.70.
- Compared to an average S&P500 Dividend Yield of 1.91, AAON's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.5% |
5.2 History
- The dividend of AAON is nicely growing with an annual growth rate of 8.53%!
- AAON has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.53%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 30.27% of the earnings are spent on dividend by AAON. This is a low number and sustainable payout ratio.
- The dividend of AAON is growing, but earnings are growing more, so the dividend growth is sustainable.
DP30.27%
EPS Next 2Y0.67%
EPS Next 3Y17.12%
NASDAQ:AAON (1/15/2026, 10:15:10 AM)
89.18
+1.34 (+1.53%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)11-06 2025-11-06/bmo
Earnings (Next)02-25 2026-02-25/amc
Inst Owners92.27%
Inst Owner Change0.34%
Ins Owners0.73%
Ins Owner Change-3.19%
Market Cap7.28B
Revenue(TTM)1.32B
Net Income(TTM)100.56M
Analysts86.15
Price Target114.44 (28.32%)
Short Float %11.4%
Short Ratio7.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.5% |
Yearly Dividend0.32
Dividend Growth(5Y)8.53%
DP30.27%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-11%
Min EPS beat(2)-34.77%
Max EPS beat(2)12.77%
EPS beat(4)2
Avg EPS beat(4)-3.23%
Min EPS beat(4)-44.8%
Max EPS beat(4)53.89%
EPS beat(8)5
Avg EPS beat(8)1.71%
EPS beat(12)9
Avg EPS beat(12)8.4%
EPS beat(16)11
Avg EPS beat(16)4.61%
Revenue beat(2)1
Avg Revenue beat(2)2.93%
Min Revenue beat(2)-6%
Max Revenue beat(2)11.86%
Revenue beat(4)2
Avg Revenue beat(4)1.02%
Min Revenue beat(4)-8.93%
Max Revenue beat(4)11.86%
Revenue beat(8)5
Avg Revenue beat(8)0.79%
Revenue beat(12)9
Avg Revenue beat(12)1.66%
Revenue beat(16)12
Avg Revenue beat(16)2.33%
PT rev (1m)0%
PT rev (3m)15.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.93%
EPS NY rev (1m)0%
EPS NY rev (3m)2.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.38%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 70.78 | ||
| Fwd PE | 43.78 | ||
| P/S | 5.53 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 8.43 | ||
| P/tB | 10.41 | ||
| EV/EBITDA | 36.26 |
EPS(TTM)1.26
EY1.41%
EPS(NY)2.04
Fwd EY2.28%
FCF(TTM)-3.13
FCFYN/A
OCF(TTM)-0.22
OCFYN/A
SpS16.12
BVpS10.57
TBVpS8.57
PEG (NY)N/A
PEG (5Y)3.01
Graham Number17.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.56% | ||
| ROE | 11.65% | ||
| ROCE | 10.22% | ||
| ROIC | 8.17% | ||
| ROICexc | 8.18% | ||
| ROICexgc | 9.37% | ||
| OM | 9.98% | ||
| PM (TTM) | 7.64% | ||
| GM | 26.88% | ||
| FCFM | N/A |
ROA(3y)15.18%
ROA(5y)14.44%
ROE(3y)20.84%
ROE(5y)19.53%
ROIC(3y)18.3%
ROIC(5y)16.85%
ROICexc(3y)18.35%
ROICexc(5y)17.88%
ROICexgc(3y)22.59%
ROICexgc(5y)21.24%
ROCE(3y)22.91%
ROCE(5y)21.09%
ROICexgc growth 3Y13.27%
ROICexgc growth 5Y1.06%
ROICexc growth 3Y19.13%
ROICexc growth 5Y-2.16%
OM growth 3Y10.34%
OM growth 5Y3.96%
PM growth 3Y8.47%
PM growth 5Y4.17%
GM growth 3Y8.66%
GM growth 5Y5.39%
F-Score2
Asset Turnover0.86
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.81 | ||
| Cap/Depr | 309.66% | ||
| Cap/Sales | 18.09% | ||
| Interest Coverage | 10.77 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.04 | ||
| Quick Ratio | 2.03 | ||
| Altman-Z | 8.69 |
F-Score2
WACC9.72%
ROIC/WACC0.84
Cap/Depr(3y)243.08%
Cap/Depr(5y)235.38%
Cap/Sales(3y)11.07%
Cap/Sales(5y)11.35%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-44.49%
EPS 3Y37.89%
EPS 5Y23.49%
EPS Q2Q%-41.27%
EPS Next Y-29.63%
EPS Next 2Y0.67%
EPS Next 3Y17.12%
EPS Next 5Y18.22%
Revenue 1Y (TTM)8.77%
Revenue growth 3Y30.96%
Revenue growth 5Y20.67%
Sales Q2Q%17.41%
Revenue Next Year13.62%
Revenue Next 2Y12.98%
Revenue Next 3Y13.67%
Revenue Next 5Y15.82%
EBIT growth 1Y-46.16%
EBIT growth 3Y44.5%
EBIT growth 5Y25.45%
EBIT Next Year1.47%
EBIT Next 3Y23.81%
EBIT Next 5YN/A
FCF growth 1Y-961.01%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-114.23%
OCF growth 3Y46.53%
OCF growth 5Y14.48%
AAON INC / AAON FAQ
Can you provide the ChartMill fundamental rating for AAON INC?
ChartMill assigns a fundamental rating of 5 / 10 to AAON.
What is the valuation status of AAON INC (AAON) stock?
ChartMill assigns a valuation rating of 1 / 10 to AAON INC (AAON). This can be considered as Overvalued.
Can you provide the profitability details for AAON INC?
AAON INC (AAON) has a profitability rating of 6 / 10.
Can you provide the financial health for AAON stock?
The financial health rating of AAON INC (AAON) is 6 / 10.
How sustainable is the dividend of AAON INC (AAON) stock?
The dividend rating of AAON INC (AAON) is 5 / 10 and the dividend payout ratio is 30.27%.