Aaon (AAON) | Financial Analysis & Statements

Aaon Inc. | Mid-cap | Industrials

$73.39

-2.47%

Aaon vs Trane Technologies Aaon vs Johnson Controls Aaon vs Advanced Drainage Aaon vs Azek Company Aaon vs Spx Technologies Aaon vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 1.2B

Gross Profit 397.1M 33.07%

Operating Income 209.1M 17.42%

Net Income 168.6M 14.04%

EPS (Diluted) $2.02

Balance Sheet Metrics

Total Assets 1.2B

Total Liabilities 350.7M

Shareholders Equity 824.6M

Debt to Equity 0.43

Cash Flow Metrics

Operating Cash Flow 120.1M

Free Cash Flow -83.4M

Revenue & Profitability Trend

Aaon Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	1.2B	1.2B	888.8M	534.5M	514.6M
Cost of Goods Sold	803.5M	769.5M	651.2M	396.7M	358.7M
Gross Profit	397.1M	399.0M	237.6M	137.8M	155.8M
Operating Expenses	167.5M	157.8M	102.8M	68.6M	60.5M
Operating Income	209.1M	227.5M	126.7M	69.2M	95.4M
Pre-tax Income	206.6M	223.2M	124.5M	69.2M	102.0M
Income Tax	38.0M	45.5M	24.2M	10.4M	23.0M
Net Income	168.6M	177.6M	100.4M	58.8M	79.0M
EPS (Diluted)	$2.02	$2.13	$1.24	$0.73	$0.99

Income Statement Trend

Aaon Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	488.2M	409.0M	349.1M	218.1M	220.3M
Non-Current Assets	687.0M	532.5M	464.8M	432.1M	228.8M
Total Assets	1.2B	941.4M	813.9M	650.2M	449.0M
Liabilities
Current Liabilities	174.9M	126.7M	145.6M	86.8M	59.0M
Non-Current Liabilities	175.7M	79.5M	107.6M	97.2M	39.1M
Total Liabilities	350.7M	206.2M	253.2M	184.0M	98.1M
Equity
Total Shareholders Equity	824.6M	735.2M	560.7M	466.2M	350.9M

Balance Sheet Composition

Aaon Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	168.6M	177.6M	100.4M	58.8M	79.0M
Operating Cash Flow	120.1M	143.4M	44.0M	60.8M	134.2M
Investing Activities
Capital Expenditures	25.0K	129.0K	-22.0M	19.0K	60.0K
Investing Cash Flow	76.0K	180.0K	-22.2M	-103.4M	6.5M
Financing Activities
Dividends Paid	-26.1M	-26.4M	-22.9M	-19.9M	-19.8M
Financing Cash Flow	-13.8M	-79.8M	-5.8M	37.6M	-51.0M
Free Cash Flow	-83.4M	49.4M	-14.7M	5.8M	61.0M

Cash Flow Trend

Aaon Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 37.93

Forward P/E 24.72

Price to Book 7.22

Price to Sales 4.68

PEG Ratio 24.72

Profitability Ratios

Profit Margin 12.60%

Operating Margin 3.99%

Return on Equity 19.85%

Return on Assets 11.04%

Financial Health

Current Ratio 2.77

Debt to Equity 8.58

Beta 1.03

Per Share Data

EPS (TTM) $1.91

Book Value per Share $10.03

Revenue per Share $15.48

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
aaon	5.9B	37.93	7.22	19.85%	12.60%	8.58
Trane Technologies	95.2B	35.20	12.74	38.63%	13.47%	63.47
Johnson Controls	68.0B	31.22	4.30	13.14%	10.78%	65.79
Advanced Drainage	9.1B	20.24	5.49	33.34%	15.50%	96.81
Azek Company	7.4B	50.21	5.12	10.62%	9.93%	39.46
Spx Technologies	7.4B	36.41	5.11	15.24%	10.13%	66.53

Financial data is updated regularly. All figures are in the company's reporting currency.