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Industrials - Construction - NASDAQ - US
$ 74.53
0.445 %
$ 6.06 B
Market Cap
36.9
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one AAON stock under the worst case scenario is HIDDEN Compared to the current market price of 74.5 USD, AAON, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one AAON stock under the base case scenario is HIDDEN Compared to the current market price of 74.5 USD, AAON, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one AAON stock under the best case scenario is HIDDEN Compared to the current market price of 74.5 USD, AAON, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart AAON

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$150.0$150.0$140.0$140.0$130.0$130.0$120.0$120.0$110.0$110.0$100.0$100.0$90.0$90.0$80.0$80.0$70.0$70.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
1.2 B REVENUE
2.75%
209 M OPERATING INCOME
-8.08%
169 M NET INCOME
-5.10%
193 M OPERATING CASH FLOW
21.17%
-213 M INVESTING CASH FLOW
-94.93%
18 M FINANCING CASH FLOW
138.77%
298 M REVENUE
-9.02%
29.4 M OPERATING INCOME
-55.08%
24.7 M NET INCOME
-53.08%
-16.7 M OPERATING CASH FLOW
-26.02%
-99.3 M INVESTING CASH FLOW
-158.99%
98.3 M FINANCING CASH FLOW
418.87%
Balance Sheet AAON, Inc.
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Current Assets 488 M
Cash & Short-Term Investments 14 K
Receivables 287 M
Other Current Assets 201 M
Non-Current Assets 687 M
Long-Term Investments 0
PP&E 526 M
Other Non-Current Assets 161 M
24.42 %17.12 %44.74 %13.72 %Total Assets$1.2b
Current Liabilities 175 M
Accounts Payable 44.6 M
Short-Term Debt 18.5 M
Other Current Liabilities 112 M
Non-Current Liabilities 176 M
Long-Term Debt 0
Other Non-Current Liabilities 176 M
12.73 %5.27 %31.88 %50.12 %Total Liabilities$350.7m
EFFICIENCY
Earnings Waterfall AAON, Inc.
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Revenue 1.2 B
Cost Of Revenue 804 M
Gross Profit 397 M
Operating Expenses 188 M
Operating Income 209 M
Other Expenses 40.6 M
Net Income 169 M
1b1b1b1b1b1b800m800m600m600m400m400m200m200m001b(804m)397m(188m)209m(41m)169mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
33.07% GROSS MARGIN
33.07%
17.42% OPERATING MARGIN
17.42%
14.04% NET MARGIN
14.04%
20.44% ROE
20.44%
14.34% ROA
14.34%
16.75% ROIC
16.75%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis AAON, Inc.
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70m70m60m60m50m50m40m40m30m30m20m20m10m10m00(10m)(10m)(20m)(20m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 169 M
Depreciation & Amortization 189 K
Capital Expenditures -196 M
Stock-Based Compensation 16.7 M
Change in Working Capital -49.4 M
Others -20.3 M
Free Cash Flow -3.13 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets AAON, Inc.
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Wall Street analysts predict an average 1-year price target for AAON of $112 , with forecasts ranging from a low of $70 to a high of $130 .
AAON Lowest Price Target Wall Street Target
70 USD -6.08%
AAON Average Price Target Wall Street Target
112 USD 49.74%
AAON Highest Price Target Wall Street Target
130 USD 74.43%
Price
Max Price Target
Min Price Target
Average Price Target
150150140140130130120120110110100100909080807070May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.07% DIVIDEND YIELD
0.1 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.350000000.350000000.300000000.300000000.250000000.250000000.200000000.200000000.150000000.150000000.100000000.100000000.050000000.050000000.000000000.000000000.080000040.080.10.0733330.0733330.086666670.106670.106670.126670.126670.126670.080000040.080.080.080.0733330.310.0866670.320.086666710.270.106670.210.106670.210.126670.250.126670.250.160.290.080.160.080.160.002015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 14
6. Ownership
Insider Ownership AAON, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
10.6 M USD 6
6-9 MONTHS
2.74 M USD 2
9-12 MONTHS
5.89 M USD 3
Bought
80.9 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
AAON Presenting at Sidoti Spring 2025 Small-Cap Conference TULSA, Okla. , March 17, 2025 /PRNewswire/ -- AAON, Inc. (NASDAQ: AAON) today announced that Gary Fields, CEO, Rebecca Thompson, CFO and Treasurer, Matt Tobolski, President and COO, and Joseph Mondillo, Director of Investor Relations and Corporate Strategy will present at the Sidoti Spring 2025 Small-Cap Conference on March 20, 2025. prnewswire.com - 1 month ago
AAON Doubles Down: Dividend Raise & Share Buyback Plan AAON, Inc. NASDAQ: AAON, a Tulsa-based HVAC manufacturer, recently announced a 25% increase in its quarterly dividend and a new $30 million share repurchase program. These strategic financial decisions come at a time of market uncertainty and appear designed to enhance shareholder value. marketbeat.com - 1 month ago
AAON Increases Quarterly Cash Dividend TULSA, Okla. , March 5, 2025 /PRNewswire/ -- AAON, Inc. (NASDAQ:  AAON) ("AAON" or the "Company"), today announced that its Board of Directors has declared the Company's next regular quarterly cash dividend of $0.10 per share (or $0.40 annually), an increase of 25%. prnewswire.com - 1 month ago
$30 Million Share Repurchase Authorization TULSA, Okla. , March 4, 2025 /PRNewswire/ -- AAON, Inc. (NASDAQ:  AAON) ("AAON" or the "Company"), today announced that its Board of Directors has approved $30.0 million of share repurchases pursuant to the previously disclosed $100 million share repurchase program. prnewswire.com - 1 month ago
New Strong Sell Stocks for March 4th Teaser: AMRC, DH and AAON have been added to the Zacks Rank #5 (Strong Sell) List on March 4, 2025. zacks.com - 1 month ago
AAON: Don't Get Sucked In After A 22% Dip AAON Inc.'s shares fell 23% due to poor earnings, with 2024 marked by challenges and a richly priced valuation that underestimates risks. Sales fell 2.9% in FY 2024, primarily due to a refrigerant transition in the Oklahoma segment, severely impacting margins and profitability. Despite a strong balance sheet, AAON's high capex and potential prolonged refrigerant transition pose significant risks, making the stock overvalued at 27.1x forward earnings. seekingalpha.com - 1 month ago
AAON, Inc. (AAON) Q4 2024 Earnings Call Transcript AAON, Inc. (NASDAQ:AAON ) Q4 2024 Earnings Conference Call February 27, 2024 9:00 AM ET Company Participants Gary Fields - CEO Matt Tobolski - President and COO Rebecca Thompson - CFO Joseph Mondillo - Director, IR Conference Call Participants Ryan Merkel - William Blair Chris Moore - CJS Securities Brent Thielman - D.A. Davidson Alex Hantman - Sidoti & Company Timothy Wojs - Baird Operator Good afternoon, ladies and gentlemen, and welcome to the AAON, Inc. Fourth Quarter 2024 Earnings Conference Call. seekingalpha.com - 1 month ago
Aaon (AAON) Q4 Earnings and Revenues Miss Estimates Aaon (AAON) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.56 per share a year ago. zacks.com - 1 month ago
AAON Reports Fourth Quarter and Full Year 2024 Results TULSA, Okla. , Feb. 27, 2025 /PRNewswire/ -- AAON, INC. prnewswire.com - 1 month ago
AAON Appoints Matt J. Tobolski as New Chief Executive Officer Matt J. Tobolski to succeed Gary D. Fields; Fields to become special advisor to the Board. prnewswire.com - 1 month ago
AAON Announces Fourth Quarter 2024 Conference Call And Webcast TULSA, Okla. , Feb. 13, 2025 /PRNewswire/ -- AAON, Inc. (NASDAQ:  AAON) ("AAON" or the "Company"), a leader in high-performing, energy-efficient HVAC solutions that brings long-term value to customers and owners, announces that it has scheduled its quarterly conference call and webcast for Thursday, February 27, 2025, at 9:00 a.m. prnewswire.com - 2 months ago
Aaon (AAON) Stock Jumps 5.6%: Will It Continue to Soar? Aaon (AAON) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road. zacks.com - 2 months ago
8. Profile Summary

AAON, Inc. AAON

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COUNTRY US
INDUSTRY Construction
MARKET CAP $ 6.06 B
Dividend Yield 0.07%
Description 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.
Contact 2425 South Yukon Avenue, Tulsa, OK, 74107 https://www.aaon.com
IPO Date Dec. 16, 1992
Employees 4812
Officers Mr. Christopher Douglas Eason Principal Accounting Officer Mr. Matthew Shaub Executive Vice President & GM of the BASX Products Business Unit Andrew Edmondson Executive Director of Sales & Marketing Mr. Luke A. Bomer Secretary Mr. Gary D. Fields Chief Executive Officer & Director Mr. Casey R. Kidwell Chief Administration Officer Mr. Xerxes Gazder Chief Information Officer Mr. Joseph Logan Mondillo C.F.A. Director of Investor Relations