AAON - AAON Inc Stock Price, Fair Value and News

75.50USD-1.79 (-2.32%)Market Closed

Market Summary

USD75.50-1.79

Market Closed

-2.32%

AAON Stock Price

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AAON RSI Chart

AAON Valuation

Market Cap

6.4B

Price/Earnings (Trailing)

35.33

Price/Sales (Trailing)

5.46

EV/EBITDA

23.21

Price/Free Cashflow

25.78

AAON Price/Sales (Trailing)

AAON Profitability

EBT Margin

19.47%

Return on Equity

22.91%

Return on Assets

18.87%

Free Cashflow Yield

3.88%

AAON Fundamentals

AAON Revenue

Revenue (TTM)

1.2B

Rev. Growth (Yr)

-1.45%

Rev. Growth (Qtr)

-14.52%

AAON Earnings

Earnings (TTM)

179.8M

Earnings Growth (Yr)

5.98%

Earnings Growth (Qtr)

-17.07%

Breaking Down AAON Revenue

Last 7 days

-14.5%

Last 30 days

-13.2%

Last 90 days

-4.5%

Trailing 12 Months

20.1%

How does AAON drawdown profile look like?

AAON Financial Health

Current Ratio

3.13

AAON Investor Care

Dividend Yield

0.41%

Dividend/Share (TTM)

0.32

Shares Dilution (1Y)

1.02%

Diluted EPS (TTM)

2.15

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.2B	0	0	0
2023	972.0M	1.0B	1.1B	1.2B
2022	601.5M	666.4M	770.5M	888.8M
2021	492.9M	511.1M	514.9M	534.5M
2020	493.0M	499.2M	520.4M	514.6M
2019	448.7M	458.5M	459.1M	469.3M
2018	418.2M	426.5M	425.8M	433.9M
2017	384.6M	383.6M	392.7M	405.2M
2016	367.3M	379.3M	389.5M	384.0M
2015	356.7M	354.7M	346.1M	358.6M
2014	330.7M	331.7M	345.0M	356.3M
2013	305.0M	312.9M	325.8M	321.1M
2012	271.3M	285.5M	288.5M	303.1M
2011	250.0M	255.4M	260.8M	266.2M
2010	0	245.0M	244.8M	244.6M
2009	0	0	0	245.3M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of AAON Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 24, 2024	asbjornson norman h	gifted	-	-	-66,750	-
Apr 18, 2024	teis robert	sold (taxes)	-20,287	85.24	-238	vp, business technology
Apr 05, 2024	asbjornson norman h	gifted	-	-	-17,100	-
Mar 28, 2024	asbjornson norman h	gifted	-	-	-23,910	-
Mar 15, 2024	wichman gordon douglas	sold (taxes)	-10,471	82.45	-127	vice president
Mar 15, 2024	fields gary d	sold (taxes)	-127,798	82.45	-1,550	ceo
Mar 15, 2024	eason christopher douglas	sold (taxes)	-4,782	82.45	-58.00	chief accounting officer
Mar 15, 2024	kidwell casey	sold (taxes)	-10,306	82.45	-125	vp, administration
Mar 15, 2024	thompson rebecca	sold (taxes)	-19,458	82.45	-236	chief financial officer
Mar 15, 2024	wakefield stephen e	sold (taxes)	-26,548	82.45	-322	vice president

Which funds bought or sold AAON recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	Pinnacle Wealth Planning Services, Inc.	unchanged	-	47,087	291,523	0.04%
May 10, 2024	WELLS FARGO & COMPANY/MN	reduced	-0.63	5,386,710	34,481,200	0.01%
May 10, 2024	DIMENSIONAL FUND ADVISORS LP	reduced	-4.33	16,813,900	136,084,000	0.04%
May 10, 2024	VANGUARD GROUP INC	added	0.85	108,124,000	641,267,000	0.01%
May 10, 2024	NICOLET ADVISORY SERVICES, LLC	added	20.15	169,871	519,681	0.05%
May 10, 2024	PNC Financial Services Group, Inc.	reduced	-38.37	-177,206	491,687	-%
May 10, 2024	TCG Advisory Services, LLC	added	7.45	58,615	266,855	0.01%
May 10, 2024	JPMORGAN CHASE & CO	added	2.34	24,629,900	136,296,000	0.01%
May 10, 2024	MACKENZIE FINANCIAL CORP	reduced	-1.56	51,045	344,383	-%
May 10, 2024	Campbell & CO Investment Adviser LLC	sold off	-100	-741,876	-	-%

Are Funds Buying or Selling AAON?

Are funds buying AAON calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AAON

No. of Funds

Unveiling AAON Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.88%	7,217,311	SC 13G/A
Feb 13, 2024	kayne anderson rudnick investment management llc	5.12%	4,160,272	SC 13G/A
Jan 23, 2024	blackrock inc.	12.7%	10,322,371	SC 13G/A
Feb 14, 2023	kayne anderson rudnick investment management llc	6.09%	3,237,296	SC 13G/A
Feb 10, 2023	neuberger berman group llc	1.64%	870,758	SC 13G/A
Feb 09, 2023	vanguard group inc	8.70%	4,629,236	SC 13G/A
Jan 26, 2023	blackrock inc.	12.4%	6,596,108	SC 13G/A
Jan 20, 2023	blackrock inc.	12.4%	6,596,108	SC 13G
Feb 14, 2022	kayne anderson rudnick investment management llc	8.36%	4,383,475	SC 13G/A
Feb 11, 2022	neuberger berman group llc	5.77%	3,023,754	SC 13G/A

Recent SEC filings of AAON Inc

View All Filings

Date Filed	Form Type	Document
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
Apr 25, 2024	4	Insider Trading
Apr 22, 2024	4	Insider Trading
Apr 09, 2024	DEFA14A	DEFA14A
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	4	Insider Trading
Apr 08, 2024	ARS	ARS
Apr 08, 2024	DEF 14A	DEF 14A

Peers (Alternatives to AAON Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CARR	58.8B	23.0B	12.27%	51.44%	43.8	2.55	9.35%	-48.07%
HUBB	22.0B	5.5B	0.01%	50.34%	30.27	4	8.06%	32.52%
BLDR	20.7B	17.1B	-15.03%	45.34%	14.1	1.21	-18.27%	-40.02%
CSL	19.7B	4.9B	6.49%	100.40%	23	4.03	-3.54%	3.11%
LECO	13.2B	-	-5.56%	37.52%	24.06	3.13	6.67%	16.79%
MID-CAP
AYI	8.2B	3.9B	-0.04%	69.46%	21.59	2.12	-6.35%	-0.40%
AAON	6.4B	1.2B	-13.21%	20.06%	35.33	5.46	19.83%	50.95%
ATKR	5.7B	3.4B	-9.01%	31.05%	9.2	1.68	-11.52%	-24.82%
AEIS	3.8B	1.6B	1.14%	18.76%	29.81	2.45	-16.80%	-35.75%
PLUG	2.1B	801.3M	-14.77%	-64.62%	-1.47	2.67	3.94%	-88.36%
SMALL-CAP
APOG	1.5B	1.4B	11.91%	68.31%	14.86	1.04	-1.65%	-4.32%
ACTG	508.1M	141.5M	-0.38%	29.50%	8.85	3.59	64.77%	235.59%
ACCO	491.6M	1.8B	-2.86%	-0.58%	-20.15	0.27	-6.26%	-71.83%
FCEL	320.8M	103.0M	-38.84%	-67.54%	-3.51	3.11	-24.12%	24.29%
APT	60.0M	60.9M	-19.91%	32.07%	14.23	0.98	4.81%	82.22%

AAON Inc News

Latest updates

AAON Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-14.5%	262	307	312	284	266	255	243	209	183	136	139	144	116	117	135	126	137	123	114	119	114
Gross Profit	-17.4%	92.00	112	116	94.00	77.00	79.00	66.00	47.00	46.00	27.00	36.00	42.00	33.00	34.00	41.00	38.00	43.00	36.00	27.00	30.00	25.00
S&GA Expenses	-5.4%	45.00	48.00	51.00	39.00	33.00	32.00	29.00	27.00	23.00	21.00	16.00	17.00	15.00	15.00	15.00	16.00	15.00	13.00	12.00	13.00	14.00
EBITDA Margin	3.3%	0.23*	0.23*	0.22*	0.20*	0.18*	0.18*	0.15*	0.15*	0.17*	0.19*	0.23*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	73.0%	-0.24	-0.88	-1.27	-1.54	-1.15	-0.93	-0.95	-0.55	-0.19	-0.12	-0.01	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00
Income Taxes	-51.6%	8.00	16.00	15.00	8.00	6.00	7.00	8.00	4.00	5.00	-0.84	5.00	5.00	2.00	7.00	6.00	4.00	6.00	6.00	1.00	4.00	3.00
Earnings Before Taxes	-25.9%	47.00	63.00	63.00	53.00	43.00	46.00	36.00	20.00	23.00	5.00	20.00	25.00	18.00	26.00	26.00	22.00	28.00	23.00	15.00	17.00	11.00
EBT Margin	2.0%	0.19*	0.19*	0.18*	0.17*	0.15*	0.14*	0.11*	0.10*	0.12*	0.13*	0.17*	-	-	-	-	-	-	-	-	-	-
Net Income	-17.1%	39.00	47.00	48.00	46.00	37.00	39.00	27.00	16.00	18.00	6.00	16.00	21.00	16.00	19.00	20.00	18.00	22.00	17.00	14.00	13.00	9.00
Net Income Margin	1.6%	0.15*	0.15*	0.15*	0.14*	0.12*	0.11*	0.09*	0.08*	0.10*	0.11*	0.14*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	78.5%	92.00	52.00	47.00	55.00	5.00	18.00	45.00	5.00	-6.80	-13.52	12.00	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.2%	953	941	945	930	868	814	786	777	717	650	516	504	483	449	440	430	396	371	352	342	319
Current Assets	-4.1%	392	409	425	424	384	349	336	327	284	218	271	259	245	220	226	220	197	188	170	168	147
Cash Equivalents	9784.0%	28.00	0.00	0.00	5.00	3.00	5.00	11.00	18.00	6.00	3.00	102	112	98.00	82.00	79.00	71.00	52.00	44.00	28.00	14.00	7.00
Inventory	-8.1%	196	214	215	215	200	199	177	164	146	130	105	87.00	84.00	82.00	79.00	85.00	73.00	74.00	81.00	77.00	75.00
Net PPE	5.6%	391	370	357	347	325	305	296	292	266	258	241	240	233	223	209	204	193	178	176	168	167
Goodwill	0%	82.00	82.00	82.00	82.00	82.00	82.00	82.00	82.00	82.00	86.00	-	-	-	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Current Liabilities	-1.3%	125	127	140	154	138	146	142	136	114	87.00	74.00	79.00	67.00	59.00	62.00	77.00	64.00	56.00	53.00	58.00	43.00
Shareholder's Equity	6.7%	785	735	682	660	609	561	524	491	480	466	400	384	373	351	345	323	306	290	282	268	263
Retained Earnings	5.3%	645	613	572	531	492	462	436	408	402	384	388	373	362	345	337	316	306	286	277	263	258
Additional Paid-In Capital	14.0%	139	122	110	129	117	99.00	88.00	82.00	78.00	82.00	12.00	11.00	11.00	5.00	8.00	6.00	-	4.00	3.00	2.00	1.00
Accumulated Depreciation	3.7%	294	283	275	264	254	245	242	235	228	224	217	218	210	203	197	191	185	179	175	171	168
Shares Outstanding	0.7%	82.00	82.00	81.00	82.00	81.00	80.00	80.00	79.00	79.00	79.00	79.00	79.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	4,194	-	-	-	2,389	-	-	-	2,683	-	-	-	2,214	-	-	-	2,035	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	78.5%	92,370	51,750	47,205	55,117	4,823	17,904	44,994	5,223	-6,803	-13,520	11,791	34,074	28,838	31,819	34,233	25,165	37,597	27,342	34,711	20,959	14,913
Share Based Compensation	-7.6%	3,957	4,282	4,279	4,304	3,519	3,471	3,321	3,796	3,112	3,028	2,991	3,032	2,761	2,796	2,852	3,343	2,351	1,945	2,068	2,379	5,407
Cashflow From Investing	-45.7%	-38,714	-26,579	-22,235	-31,678	-28,819	-12,431	-14,345	-35,173	-14,264	-116,143	-9,450	-16,736	-16,390	-12,417	-15,432	-11,620	-21,804	-6,322	-10,027	-11,994	-8,703
Cashflow From Financing	11.3%	-34,312	-38,683	-30,100	1,246	21,027	-10,792	-37,591	41,932	23,808	30,677	-11,987	-2,991	3,036	-15,715	-11,045	5,155	-8,021	-5,020	-9,994	-2,425	-1,061
Dividend Payments	0.9%	6,556	6,499	6,942	6,545	6,459	12,821	10,096	-	-	9,983	-	-	-	9,905	-	-	-	8,342	-	-	-
Buy Backs	2941.0%	3,041	100	25,049	132	1,030	4,834	2,055	2,784	4,082	5,915	4,748	5,401	6,402	8,709	5,474	4,528	12,518	4,333	5,289	6,100	5,071

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AAON Income Statement

2024-03-31

Consolidated Statements of Income
$ in Thousands

3 Months Ended

Mar. 31, 2024

USD ($)

$ / shares

Mar. 31, 2023

USD ($)

$ / shares

Income Statement [Abstract]

Net sales

$ 262,099

$ 265,953

Cost of sales

169,857

188,799

Gross profit

92,242

77,154

Selling, general and administrative expenses

45,288

32,942

(Gain) loss on disposal of assets

(16)

Income from operations

46,970

44,206

Interest expense, net

(239)

(1,150)

Other income, net

114

Income before taxes

46,808

43,170

Income tax provision

7,792

6,356

Net income

$ 39,016

^[1]

$ 36,814

Earnings per share:

Basic (in dollars per share) | $ / shares

^[2]

$ 0.48

$ 0.46

Diluted (in dollars per share) | $ / shares

^[2]

0.46

0.44

Cash dividends declared per common share (in dollars per share) | $ / shares

^[2]

$ 0.08

Weighted average shares outstanding:

Basic (in shares) | shares

^[2]

81,661,972

80,460,897

Diluted (in shares) | shares

^[2]

84,044,670

82,860,958

[1]	1 Reflects three-for-two stock split effective August 16, 2023
[2]	1 Reflects three-for-two stock split effective August 16, 2023.

AAON Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($)
$ in Thousands

Mar. 31, 2024

Dec. 31, 2023

Current assets:

Cash and cash equivalents

$ 8,385

$ 287

Restricted Cash

19,982

8,736

Accounts receivable, net

109,662

138,108

Inventories, net

196,252

213,532

Contract assets

50,581

45,194

Prepaid expenses and other

7,365

3,097

Total current assets

392,227

408,954

Property, plant and equipment:

Land

15,918

15,438

Buildings

224,128

205,841

Machinery and equipment

401,637

391,366

Furniture and fixtures

42,861

40,787

Total property, plant and equipment

684,544

653,432

Less: Accumulated depreciation

293,980

283,485

Property, plant and equipment, net

390,564

369,947

Intangible assets, net

70,664

68,053

Goodwill

81,892

Right of use assets

16,696

11,774

Note receivable

878

816

Total assets

952,921

941,436

Current liabilities:

Accounts payable

15,438

27,484

Accrued liabilities

93,198

85,508

Contract liabilities

16,527

13,757

Total current liabilities

125,163

126,749

Revolving credit facility, long-term

38,328

Deferred tax liabilities

5,030

12,134

Other long-term liabilities

21,926

16,807

New markets tax credit obligations1

^[1]

15,994

12,194

Commitments and contingencies

Stockholders' equity:

Preferred stock, $.001 par value, 5,000,000 shares authorized, no shares issued

Common stock, $.004 par value, 100,000,000 shares authorized, 82,117,680 and 81,508,381 issued and outstanding at March 31, 2024 and December 31, 2023, respectively

329

326

Additional paid-in capital

139,184

122,063

Retained earnings

645,295

612,835

Total stockholders' equity

784,808

735,224

Total liabilities and stockholders' equity

$ 952,921

$ 941,436

[1]	1 Held by variable interest entities (Note 16)

About AAON Inc

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, as well as online. The company was incorporated in 1987 and is based in Tulsa, Oklahoma.

CEO	Mr. Gary D. Fields
WEBSITE	aaon.com
INDUSTRY	Communication Equipment
EMPLOYEES	3666

AAON Inc Frequently Asked Questions

What is the ticker symbol for AAON Inc? What does AAON stand for in stocks?

AAON is the stock ticker symbol of AAON Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of AAON Inc (AAON)?

As of Fri May 10 2024, market cap of AAON Inc is 6.35 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AAON stock?

You can check AAON's fair value in chart for subscribers.

What is the fair value of AAON stock?

You can check AAON's fair value in chart for subscribers. The fair value of AAON Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of AAON Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AAON so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is AAON Inc a good stock to buy?

The fair value guage provides a quick view whether AAON is over valued or under valued. Whether AAON Inc is cheap or expensive depends on the assumptions which impact AAON Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AAON.

What is AAON Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 10 2024, AAON's PE ratio (Price to Earnings) is 35.33 and Price to Sales (PS) ratio is 5.46. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AAON PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on AAON Inc's stock?

In the past 10 years, AAON Inc has provided 0.185 (multiply by 100 for percentage) rate of return.