AAON Reports Strong Q1 2025 Results Amid Challenges

Aaon ( (AAON) ) just unveiled an announcement.

On April 30, 2025, AAON, Inc. announced its first quarter results for 2025, highlighting a strong performance with a 22.9% increase in net sales compared to the previous year. The company reported significant growth in its BASX-branded products, with net sales up 374.8% year-over-year, driven by demand for data center equipment. However, AAON-branded products faced challenges due to supply chain issues with R454B refrigerant components, resulting in a 23.0% decline in net sales for the Oklahoma segment. Despite these challenges, the company achieved a record total backlog of $1.0 billion, reflecting strong bookings for both BASX and AAON-branded equipment.

Spark’s Take on AAON Stock

According to Spark, TipRanks’ AI Analyst, AAON is a Neutral.

AAON’s overall score reflects strong financial fundamentals and promising strategic positioning but is tempered by technical weaknesses and valuation concerns. The company faces challenges in cash flow conversion and profitability in certain segments, offset by robust backlog growth and strategic investments for future expansion.

To see Spark’s full report on AAON stock, click here.

More about Aaon

AAON, Inc., based in Tulsa, Oklahoma, is a leader in high-performing, energy-efficient HVAC solutions. The company focuses on providing long-term value to customers and owners through its innovative products and services.

YTD Price Performance: -22.35%

Average Trading Volume: 939,954

Technical Sentiment Signal: Sell

Current Market Cap: $7.42B

Find detailed analytics on AAON stock on TipRanks’ Stock Analysis page.