Aaon Stock Quote Insights into Profitability and Growth Potential

Aaon stock has reported a significant increase in revenue over the past few years, with a compound annual growth rate of 10.3% from 2018 to 2022.

This growth can be attributed to the company's strategic expansion into new markets and its ability to innovate and improve its products.

Aaon's net income has also seen a steady increase, with a growth rate of 12.6% from 2018 to 2022, indicating a strong profitability trend.

The company's focus on research and development has been crucial in driving this growth, with a significant increase in R&D expenses over the past few years.

AAON's revenue in 2023 was a notable $1.17 billion, a 31.47% increase from the previous year's $888.79 million.

This significant growth in revenue is a testament to the company's financial performance. AAON's earnings also saw a substantial increase of 76.96% to $177.62 million.

AAON's revenue growth is likely to continue, with estimates suggesting a revenue of $1,528 million in 2025, $1,722 million in 2026, and $1,984 million in 2027.

Here are the estimated revenue figures for AAON in the next few years:

The balance sheet is a snapshot of a company's financial situation at a particular point in time. It's a crucial tool for understanding a company's financial health and stability.

Total liabilities have been increasing over the years, reaching $248.57 million in 2023, up from $66.25 million in 2017. This trend suggests that the company is taking on more debt to finance its operations.

Here's a breakdown of the company's total liabilities over the years:

Equity, on the other hand, has been steadily increasing, reaching $735.22 million in 2023, up 31.12% from the previous year. This suggests that the company is generating more profits and reducing its debt.

Long-term liabilities per share have also been increasing, reaching $1.49 in 2023, up from $0.21 in 2017. This trend suggests that the company is taking on more debt to finance its operations, which may impact its share price.

According to the estimates, AAON's revenue is expected to reach $1,528 USD in 2025, $1,722 USD in 2026, and $1,984 USD in 2027.

The average earnings estimate for the current year ending 12/31/25 is $2.941 USD, with 7 analysts providing estimates. This is an increase from the previous year's average earnings estimate of $0.579 USD.

AAON's revenue estimates for the next year ending 12/31/26 are quite high, with an average estimate of $1,722 USD from 5 analysts.

Here's a breakdown of the average earnings and revenue estimates for each quarter:

The number of analysts providing estimates varies, but there are 7 analysts for the current year and 5 analysts for the next year.

The average earnings and revenue estimates are based on data from 2/27/2025, 5/1/2025, and 7/31/2025.

When evaluating a company's financial performance, profitability is a crucial aspect to consider.

The company's profitability rank can be gauged by its ability to maintain profitability over the past 10 years, with a remarkable 10 years of profitability.

Gross margin percentage is a key indicator of a company's pricing power and efficiency in maintaining costs. The company's gross margin percentage stands at 35.65.

Operating margin percentage is another important metric that measures a company's ability to generate profits from its core operations. The company's operating margin percentage is 20.14.

Net margin percentage, which measures a company's ability to generate profits after accounting for taxes and other expenses, is 15.78.

Free cash flow (FCF) margin percentage is a critical metric that indicates a company's ability to generate cash from its operations after accounting for capital expenditures. The company's FCF margin percentage is 8.52.

Return on Equity (ROE) percentage is a key metric that measures a company's ability to generate profits from its shareholders' equity. The company's ROE percentage is 25.52.

Return on Assets (ROA) percentage is another important metric that measures a company's ability to generate profits from its assets. The company's ROA percentage is 19.56.

Return on Invested Capital (ROIC) percentage is a critical metric that measures a company's ability to generate profits from its invested capital. The company's ROIC percentage is 21.87.

The company's 3-Year ROIC percentage is 20.3, indicating a consistent profitability trend over the past three years.

Return on Capital Employed (ROCE) percentage is a key metric that measures a company's ability to generate profits from its capital employed. The company's ROCE percentage is 29.01.

The company's ROC (Joel Greenblatt) percentage is 38.79, indicating a high return on capital.

Here's a summary of the company's profitability metrics:

AAON's financial performance is impressive, especially when it comes to its cash production. The company's cash flow from operations has been steadily increasing, reaching $306 in 2025.

AAON's ability to generate cash is a testament to its efficient operations. The company's capital expenditure has been relatively low, with $137 spent in 2025, and its selling, general, and administrative expenses have been increasing at a moderate pace, reaching $235 in 2025.

The company's cash flow is also boosted by its high free cash flow margin, which stands at 8.52% in 2025. This is a significant improvement from its historical average, indicating that AAON is becoming increasingly efficient in its cash generation.

AAON's data centre business is a key driver of its cash production, with the company benefiting from high demand in this sector. The company's operating margin has been expanding, reaching 20.14% in 2025, driven by the strong growth in its data centre business.

Here's a breakdown of AAON's cash production metrics:

Note that AAON's cash flow from operations and free cash flow are expected to continue growing in the coming years, driven by the company's expanding data centre business and improving operational efficiency.

Analysts are overwhelmingly bullish on AAON stock, with an average rating of "Buy" from 4 analysts.

The 12-month stock price forecast is a significant $133.0, which represents an impressive 18.99% increase from the latest price.

Here's a snapshot of the analyst opinions:

Analyst opinions can be a valuable tool in making informed investment decisions. Analysts from reputable firms like Baird Patrick & Co, D.A. Davidson & Co., and William Blair have shared their thoughts on AAON stock.

Baird Patrick & Co maintained a "Hold" rating for AAON stock on July 24, 2024, with a price target of $100.

D.A. Davidson & Co. has a history of maintaining a "Buy" rating for AAON stock, including on June 26, 2024, and February 28, 2023, with a price target of $102 in 2024.

William Blair also maintained a "Buy" rating for AAON stock on April 29, 2024.

Here are the details of the analysts' opinions:

These analyst opinions can provide a starting point for further research and consideration.

AAON has launched Delta Class, the next evolution in DOAS technology. This marks a significant milestone in the company's history of innovation in high-performance and energy-efficient HVAC solutions.

Delta Class is designed to provide improved performance and efficiency. By leveraging the latest advancements in technology, AAON aims to set a new standard in the industry.

The launch of Delta Class was announced on September 3, 2024, in a press release. AAON is a leader in the market and has a strong reputation for delivering high-quality products.

Delta Class is expected to make a significant impact on the market. Its advanced features and capabilities will likely appeal to customers looking for energy-efficient and high-performance solutions.