Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
1.20B | 1.17B | 888.79M | 534.52M | 514.55M | Gross Profit |
397.11M | 399.02M | 237.57M | 137.83M | 155.85M | EBIT |
209.12M | 227.49M | 126.76M | 69.25M | 101.84M | EBITDA |
230.04M | 241.76M | 127.48M | 69.39M | 120.99M | Net Income Common Stockholders |
168.56M | 177.62M | 100.38M | 58.76M | 79.01M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
14.00K | 287.00K | 5.45M | 2.86M | 79.03M | Total Assets |
1.18B | 941.44M | 813.90M | 650.18M | 449.01M | Total Debt |
16.00M | 50.55M | 78.25M | 41.58M | 202.00K | Net Debt |
15.99M | 50.26M | 72.80M | 38.72M | -78.82M | Total Liabilities |
350.65M | 206.21M | 253.19M | 184.01M | 98.14M | Stockholders Equity |
824.58M | 735.22M | 560.71M | 466.17M | 350.87M |
Cash Flow | Free Cash Flow | |||
-3.13M | 49.40M | -14.71M | 5.82M | 61.01M | Operating Cash Flow |
192.53M | 158.90M | 61.32M | 61.18M | 128.81M | Investing Cash Flow |
-213.07M | -109.31M | -76.21M | -158.72M | -61.27M | Financing Cash Flow |
18.03M | -46.51M | 17.36M | 18.73M | -29.63M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
77 Outperform | $12.31B | 19.54 | 12.63% | 1.78% | 13.41% | -44.36% | |
74 Outperform | $55.39B | 32.04 | 9.80% | 1.80% | -4.53% | -14.72% | |
72 Outperform | $7.22B | 44.05 | 21.61% | 0.47% | 2.75% | -5.43% | |
69 Neutral | $18.85B | 23.67 | 131.48% | 0.86% | 7.78% | 30.10% | |
68 Neutral | $78.41B | 31.25 | 35.88% | 0.98% | 12.22% | 28.13% | |
68 Neutral | $52.26B | 128.87 | 27.44% | 1.31% | 8.62% | 163.53% | |
63 Neutral | $4.23B | 11.54 | 5.34% | 209.77% | 4.14% | -9.49% |
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.
On March 17, 2025, AAON announced that key executives, including CEO Gary Fields and CFO Rebecca Thompson, will present at the Sidoti Spring 2025 Small-Cap Conference on March 20, 2025. The presentation, which will be held virtually, is expected to provide insights into AAON’s strategic direction and market positioning, potentially impacting stakeholders’ perception of the company’s future performance.
On February 27, 2025, AAON announced its fourth quarter and full year 2024 financial results, highlighting a 2.9% decrease in net sales for the quarter compared to the previous year. Despite challenges such as an industry-regulated refrigerant transition and weakened nonresidential construction activity, the company saw significant growth in its BASX brand, which impacted the data center market with a new liquid cooling solution. The company’s total backlog increased by 70% from the end of 2023, and production capacity was expanded with new facilities in Texas and Tennessee. However, the AAON Oklahoma segment experienced a 16.1% decline in sales due to macroeconomic conditions and the refrigerant transition. The company also announced a $100 million share repurchase program, indicating confidence in its market position.