GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
A

Aaon AAON · USD

Industrials · US listing · 🇺🇸 United States

Compare

62.87

+9.93%

Close of 9 Nov 2026, in USD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$1.44bn

FY2016FY2025

Net income

$107.6m

FY2016FY2025

Free cash flow

−$191.4m

FY2016FY2025

Shareholders' equity

$895.0m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$1.44bn$1.20bn$1.17bn$888.8m$534.5m$514.6m$469.3m$433.9m$405.2m$384.0m
Gross profit$385.7m$397.1m$399.0m$237.6m$137.8m$155.8m$119.4m$103.5m$123.7m$118.1m
Research and development——$43.7m$46.8m$16.6m$17.4m$14.8m$13.5m$13.0m$12.0m
Operating income$152.3m$209.1m$227.5m$126.8m$69.3m$101.8m$67.0m$55.4m$74.2m$79.6m
Net income$107.6m$168.6m$177.6m$100.4m$58.8m$79.0m$53.7m$42.3m$54.5m$53.4m
Diluted earnings per share1.292.022.131.220.731.481.020.541.031.00

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$1.69bn$1.18bn$941.4m$813.9m$650.2m$449.0m$371.4m$308.0m$296.8m$256.5m
Cash and short-term investments$13,000$14,000$287,000$5.5m$2.9m$79.0m$26.8m$2.0m$30.4m$43.7m
Total liabilities$791.5m$350.7m$206.2m$253.2m$184.0m$98.1m$81.3m$58.6m$59.6m$50.6m
Debt$409.1m$171.0m$50.5m$77.5m$46.4m$6.4m$6.3m———
Shareholders' equity$895.0m$824.6m$735.2m$560.7m$466.2m$350.9m$290.1m$249.4m$237.2m$205.9m
Shares outstanding83m84m83m82m81m53m53m79m53m53m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations−$861,000$192.5m$158.9m$61.3m$61.2m$128.8m$97.9m$54.9m$58.0m$63.9m
Capital spending−$190.6m−$195.7m−$104.3m−$76.0m−$55.4m−$67.8m−$37.2m−$37.3m−$41.7m−$26.6m
Free cash flow−$191.4m−$3.1m$54.6m−$14.7m$5.8m$61.0m$60.8m$17.6m$16.3m$37.3m
Dividends paid−$32.6m−$26.1m−$26.4m−$22.9m−$19.9m−$19.8m−$16.6m−$16.7m−$13.7m−$12.7m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$627.0m$496.9m$424.2m$384.2m$311.6m$322.1m$297.7m$327.3m
Gross profit$152.5m$125.0m$109.8m$106.9m$82.7m$86.4m$77.6m$114.2m
Operating income$68.9m$57.1m$44.0m$43.6m$23.6m$35.1m$29.4m$65.5m
Net income$56.7m$39.8m$32.0m$30.8m$15.5m$29.3m$24.7m$52.6m
Diluted earnings per share0.680.480.390.370.190.350.300.63
Cash from operations$20.0m$33.0m$19.0m$12.0m−$21.0m−$9.0m—$63.0m
Capital spending−$52.0m−$45.0m−$62.0m−$45.0m−$35.0m−$46.0m−$85.0m−$33.0m
Free cash flow−$32.0m−$12.0m−$43.0m−$33.0m−$56.0m−$55.0m—$30.0m
Total assets$1.86bn$1.79bn$1.69bn$1.53bn$1.40bn$1.30bn$1.18bn$1.03bn
Cash and short-term investments$13,000$13,000$13,000$1.0m$14,000$994,000$14,000$15,000
Debt$7.5m$436.0m$409.1m$363.0m$320.1m$254.9m$157.4m$58.0m
Shareholders' equity$1.01bn$934.2m$895.0m$863.1m$832.7m$815.9m$824.6m$796.9m

Financial ratios

Data as of 8 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Gross margin26.7%33.1%34.1%26.7%25.8%30.3%——
Operating margin10.2%17.4%19.5%14.3%13.0%18.5%——
Net margin7.5%14.0%15.2%11.3%11.0%15.4%——
Return on equity12.0%20.4%24.2%17.9%12.6%22.5%——
Return on assets6.4%14.3%18.9%12.3%9.0%17.6%——
Free cash flow yield2.6%5.3%3.6%1.9%1.7%4.2%——
Revenue growth20.1%2.7%31.5%66.3%3.9%9.6%——
Earnings growth-36.2%-5.1%77.0%70.8%-25.6%47.1%——
Current ratio2.63x2.79x3.23x2.40x2.51x3.73x——
Debt to equity0.46x0.19x0.05x0.13x0.09x0.13x——
Equity ratio53.1%70.2%78.1%68.9%71.7%78.1%——
Interest coverage8.26x72.12x47.08x48.41x525.11x7.28x——
R&D as a share of sales——3.7%5.3%3.1%3.4%3.2%3.1%
Buybacks as a share of market value0.6%-0.2%-1.5%-1.6%-51.3%-1.5%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue17.5%22.9%14.9%
Operating income6.3%8.4%7.9%
Net income2.3%6.4%8.9%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin29.6%30.2%29.8%29.3%
Operating margin13.7%15.2%15.4%15.8%
Net margin10.4%11.8%12.0%12.1%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings58.958.434.741.172.930.132.343.423.822.1
Price to sales4.48.25.34.68.04.63.74.23.23.1

Market value over time

30 Nov 2016 to 7 Oct 2026, in USD

$1.17bn$7.29bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return-39%69%43%-1%20%29%47%-6%7%51%

Dividends and splits

Per share, in the currency the company pays

Paid for 20 years. Last went ex-dividend on 4 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.300.400.320.320.2870.2530.2530.213
  • 3-for-2 split · 17 Aug 2023
  • 3-for-2 split · 17 Jul 2014
  • 3-for-2 split · 3 Jul 2013
  • 3-for-2 split · 14 Jun 2011
  • 3-for-2 split · 22 Aug 2007
  • 3-for-2 split · 5 Jun 2002

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.