Aaon Inc (AAON)
NASDAQ:AAON
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AAON Stock Chart & Stats
$93.98
-$0.73(-0.61%)
At close: 4:00 PM EST
$93.98
-$0.73(-0.61%)
Day’s Range― - ―
52-Week Range$62.00 - $150.46
Previous CloseN/A
Volume154.41K
Average Volume (3M)1.32M
Market Cap
$10.54B
Enterprise Value$11.93B
Total Cash (Recent Filing)$13.00K
Total Debt (Recent Filing)$450.87M
Price to Earnings (P/E)88.0
Beta1.66
Next Earnings
Jul 30, 2026EPS Estimate
0.5Next Dividend Ex-DateN/A
Dividend Yield0.53%
Share Statistics
EPS (TTM)1.45
Shares Outstanding81,911,710
10 Day Avg. Volume1,065,722
30 Day Avg. Volume1,319,242
Financial Highlights & Ratios
PEG Ratio-1.59
Price to Book (P/B)6.95
Price to Sales (P/S)4.31
P/FCF Ratio-32.48
Enterprise Value/Market Cap1.13
Enterprise Value/Revenue7.38
Enterprise Value/Gross Profit28.13
Enterprise Value/Ebitda47.82
Forecast
1Y Price Target
$149.67Price Target Upside59.25% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)2.2
Revenue Forecast (FY)$2.01B
Bulls Say, Bears Say
Bulls Say
Backlog & Book-to-Bill VisibilityA $2.1B backlog and sustained book-to-bill (>1 overall, Basics >2) give multi-quarter revenue visibility. That de-risks near-term sales, allows phased capacity planning, supports the aggressive revenue guide, and underpins durable order-driven growth and share gains.
Strong Balance Sheet (Zero Debt)Zero trailing-twelve-month debt and a solid equity base (~$934M) provide material financial flexibility. This buffer supports continued capex and working-capital funding, enables share repurchases/dividends, and reduces refinancing risk while the company scales capacity.
Robust Revenue & Segment MomentumRecord Q1 sales (+54% YoY) and double-digit Basics and AAON branded growth signal sustained end-market demand and share gains, particularly in data-center cooling. Consistent top-line expansion supports economies of scale, R&D investment, and long-term competitive positioning.
Bears Say
Weak Cash Flow / Negative FCFDeeply negative TTM free cash flow (~-$145M) alongside modest operating cash (~$44M) indicates cash-conversion weakness. Continued FCF deficits could force external financing or reduce capital-return capacity, constraining strategic options if margin recovery or backlog conversion slows.
Margin Pressure From Outsourcing & TariffsGross margin compression (25.1%, down 170 bps) driven by outsourcing, tariffs and inflation risks compress long-term profitability if internal capacity ramps or cost pass-throughs lag. Structural margin weakness would reduce cash flow and returns even as revenue scales.
Very Low Cash Balance & Execution RiskA quarter-end cash balance of just $1.1M versus material debt and heavy capex needs heightens liquidity vulnerability. Reliance on outsourcing and ramp-related inefficiencies raises execution risk; delays in internal capacity buildout could magnify cash burn and delivery or margin setbacks.
Aaon News
AAON FAQ
What was Aaon Inc’s price range in the past 12 months?
Aaon Inc lowest stock price was $62.00 and its highest was $150.46 in the past 12 months.
What is Aaon Inc’s market cap?
Aaon Inc’s market cap is $10.54B.
When is Aaon Inc’s upcoming earnings report date?
Aaon Inc’s upcoming earnings report date is Jul 30, 2026 which is in 46 days.
How were Aaon Inc’s earnings last quarter?
Aaon Inc released its earnings results on May 07, 2026. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.292 by $0.188.
Is Aaon Inc overvalued?
According to Wall Street analysts Aaon Inc’s price is currently Undervalued.
Does Aaon Inc pay dividends?
Aaon Inc pays a Quarterly dividend of $0.1 which represents an annual dividend yield of 0.53%. See more information on Aaon Inc dividends here
What is Aaon Inc’s EPS estimate?
Aaon Inc’s EPS estimate is 0.5.
How many shares outstanding does Aaon Inc have?
Aaon Inc has 81,911,710 shares outstanding.
What happened to Aaon Inc’s price movement after its last earnings report?
Aaon Inc reported an EPS of $0.48 in its last earnings report, beating expectations of $0.292. Following the earnings report the stock price went up 31.486%.
Which hedge fund is a major shareholder of Aaon Inc?
Currently, no hedge funds are holding shares in AAON
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Aaon Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$149.67 (59.25% Upside)
$149.67 (59.25% Upside)
Blogger Sentiment
Bullish
AAON Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $20.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.1%
Last 30 Days ▲ 14.8%
Last 30 Days ▲ 14.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
72.26%
12-Months-Change
Fundamentals
Return on Equity
13.40%
Trailing 12-Months
Asset Growth
37.65%
Trailing 12-Months
Company Description
Aaon Inc
AAON, Inc., along with its affiliated companies, focuses on the engineering, manufacturing, promotion, and sale of heating and air conditioning systems throughout the United States and Canada. The enterprise's operations are divided into three distinct divisions: AAON Oklahoma, AAON Coil Products, and BasX. Its comprehensive product portfolio features a wide array of HVAC solutions, including rooftop units, specialized data center cooling, cleanroom climate control, chillers, pre-packaged outdoor mechanical rooms, air handling units, fresh air supply units, energy recovery ventilation, condensing units, geothermal/water-source heat pumps, coils, and integrated control systems. AAON markets and sells these offerings to a diverse set of commercial sectors, such as retail, manufacturing, educational institutions, hospitality, supermarkets, data centers, and the medical and pharmaceutical industries. Product distribution is managed through a dual approach, utilizing a network of independent manufacturing representatives in addition to an in-house sales team. Established in 1987, AAON, Inc. is headquartered in Tulsa, Oklahoma.
AAON Company Deck
AAON Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a strongly positive operational and commercial performance: record revenue, sizable backlog, robust bookings (particularly in Basics/data-center cooling), meaningful EPS and EBITDA growth, and an upgraded full-year revenue growth outlook (40%–45%). The primary negatives are near-term margin pressure driven by intentional outsourcing, tariff and inflation effects, a sharp drop in reported gross margin, a decline in coil segment margin, and a very low quarter-end cash balance. Management characterizes the margin headwinds as temporary and tied to deliberate decisions to accelerate capacity and market share; guidance assumes margin recovery as internal capacity ramps. On balance, the company showed clear momentum and visibility into growth, while acknowledging short-term profitability trade-offs to secure share and delivery.View all AAON earnings summariesAAON Stock 12 Month Forecast
Average Price Target
$149.67
▲(59.25% Upside)
Technical Analysis
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Ownership Overview
16.63% Insiders
26.97% Mutual Funds
28.01% Other Institutional Investors
10.63% Public Companies and
Individual Investors