(AAON) AAON - Overview
Exchange: NASDAQ •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US0003602069
Stock:
Total Rating 28
Risk 68
Buy Signal -0.62
| Risk 5d forecast | |
|---|---|
| Volatility | 55.2% |
| Relative Tail Risk | -15.0% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.25 |
| Alpha | -22.61 |
| Character TTM | |
|---|---|
| Beta | 1.385 |
| Beta Downside | 0.489 |
| Drawdowns 3y | |
|---|---|
| Max DD | 48.86% |
| CAGR/Max DD | 0.39 |
EPS (Earnings per Share)
Revenue
Primary Risks
P/E ratio: 84.8908
Description: AAON AAON
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. AAON, Inc. was incorporated in 1987 and is headquartered in Tulsa, Oklahoma.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 100.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.15 > 0.02 and ΔFCF/TA -25.89 > 1.0 |
| NWC/Revenue: 38.70% < 20% (prev 23.81%; Δ 14.89% < -1%) |
| CFO/TA -0.01 > 3% & CFO -17.9m > Net Income 100.3m |
| Net Debt (376.9m) to EBITDA (208.4m): 1.81 < 3 |
| Current Ratio: 3.04 > 1.5 & < 3 |
| Outstanding Shares: last quarter (83.0m) vs 12m ago -0.19% < -2% |
| Gross Margin: 26.88% > 18% (prev 0.36%; Δ 2652 % > 0.5%) |
| Asset Turnover: 102.6% > 50% (prev 117.4%; Δ -14.77% > 0%) |
| Interest Coverage Ratio: 10.01 > 6 (EBITDA TTM 208.4m / Interest Expense TTM 13.2m) |
Altman Z'' 5.84
| A: 0.33 (Total Current Assets 759.3m - Total Current Liabilities 250.2m) / Total Assets 1.53b |
| B: 0.53 (Retained Earnings 806.4m / Total Assets 1.53b) |
| C: 0.10 (EBIT TTM 131.9m / Avg Total Assets 1.28b) |
| D: 1.20 (Book Value of Equity 806.8m / Total Liabilities 671.0m) |
| Altman-Z'' Score: 5.84 = AAA |
Beneish M -2.02
| DSRI: 1.91 (Receivables 498.9m/240.1m, Revenue 1.32b/1.21b) |
| GMI: 1.33 (GM 26.88% / 35.65%) |
| AQI: 0.70 (AQ_t 0.11 / AQ_t-1 0.15) |
| SGI: 1.09 (Revenue 1.32b / 1.21b) |
| TATA: 0.08 (NI 100.3m - CFO -17.9m) / TA 1.53b) |
| Beneish M-Score: -2.02 (Cap -4..+1) = BB |
What is the price of AAON shares?
As of February 25, 2026, the stock is trading at USD 100.95 with a total of 552,832 shares traded.
Over the past week, the price has changed by -1.78%, over one month by +8.00%, over three months by +7.97% and over the past year by +1.34%.
Over the past week, the price has changed by -1.78%, over one month by +8.00%, over three months by +7.97% and over the past year by +1.34%.
Is AAON a buy, sell or hold?
AAON has received a consensus analysts rating of 3.83.
Therefore, it is recommended to buy AAON.
- StrongBuy: 2
- Buy: 1
- Hold: 3
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the AAON price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 115.3 | 14.2% |
| Analysts Target Price | 115.3 | 14.2% |
AAON Fundamental Data Overview February 21, 2026
P/E Trailing = 84.8908
P/E Forward = 49.505
P/S = 6.2685
P/B = 9.5555
P/EG = 3.0953
Revenue TTM = 1.32b USD
EBIT TTM = 131.9m USD
EBITDA TTM = 208.4m USD
Long Term Debt = 360.1m USD (from longTermDebt, last quarter)
Short Term Debt = 2.90m USD (from shortTermDebt, last quarter)
Debt = 377.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 376.9m USD (from netDebt column, last quarter)
Enterprise Value = 8.62b USD (8.25b + Debt 377.9m - CCE 1.04m)
Interest Coverage Ratio = 10.01 (Ebit TTM 131.9m / Interest Expense TTM 13.2m)
EV/FCF = -37.18x (Enterprise Value 8.62b / FCF TTM -231.9m)
FCF Yield = -2.69% (FCF TTM -231.9m / Enterprise Value 8.62b)
FCF Margin = -17.63% (FCF TTM -231.9m / Revenue TTM 1.32b)
Net Margin = 7.62% (Net Income TTM 100.3m / Revenue TTM 1.32b)
Gross Margin = 26.88% ((Revenue TTM 1.32b - Cost of Revenue TTM 962.0m) / Revenue TTM)
Gross Margin QoQ = 27.81% (prev 26.55%)
Tobins Q-Ratio = 5.62 (Enterprise Value 8.62b / Total Assets 1.53b)
Interest Expense / Debt = 1.36% (Interest Expense 5.15m / Debt 377.9m)
Taxrate = 19.93% (7.66m / 38.4m)
NOPAT = 105.6m (EBIT 131.9m * (1 - 19.93%))
Current Ratio = 3.04 (Total Current Assets 759.3m / Total Current Liabilities 250.2m)
Debt / Equity = 0.44 (Debt 377.9m / totalStockholderEquity, last quarter 863.1m)
Debt / EBITDA = 1.81 (Net Debt 376.9m / EBITDA 208.4m)
Debt / FCF = -1.63 (negative FCF - burning cash) (Net Debt 376.9m / FCF TTM -231.9m)
Total Stockholder Equity = 834.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.82% (Net Income 100.3m / Total Assets 1.53b)
RoE = 12.02% (Net Income TTM 100.3m / Total Stockholder Equity 834.1m)
RoCE = 11.04% (EBIT 131.9m / Capital Employed (Equity 834.1m + L.T.Debt 360.1m))
RoIC = 9.55% (NOPAT 105.6m / Invested Capital 1.11b)
WACC = 10.58% (E(8.25b)/V(8.62b) * Re(11.02%) + D(377.9m)/V(8.62b) * Rd(1.36%) * (1-Tc(0.20)))
Discount Rate = 11.02% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.30%
[DCF] Fair Price = unknown (Cash Flow -231.9m)
EPS Correlation: -46.02 | EPS CAGR: -42.18% | SUE: -3.63 | # QB: 0
Revenue Correlation: 84.92 | Revenue CAGR: 31.84% | SUE: 1.95 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.45 | Chg7d=+0.000 | Chg30d=+0.010 | Revisions Net=+1 | Analysts=4
EPS next Year (2026-12-31): EPS=1.98 | Chg7d=+0.000 | Chg30d=-0.004 | Revisions Net=-1 | Growth EPS=+39.7% | Growth Revenue=+12.4%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 9.8% (Discount Rate 11.0% - Earnings Yield 1.2%)
[Growth] Growth Spread = +4.5% (Analyst 14.4% - Implied 9.8%)
P/E Forward = 49.505
P/S = 6.2685
P/B = 9.5555
P/EG = 3.0953
Revenue TTM = 1.32b USD
EBIT TTM = 131.9m USD
EBITDA TTM = 208.4m USD
Long Term Debt = 360.1m USD (from longTermDebt, last quarter)
Short Term Debt = 2.90m USD (from shortTermDebt, last quarter)
Debt = 377.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 376.9m USD (from netDebt column, last quarter)
Enterprise Value = 8.62b USD (8.25b + Debt 377.9m - CCE 1.04m)
Interest Coverage Ratio = 10.01 (Ebit TTM 131.9m / Interest Expense TTM 13.2m)
EV/FCF = -37.18x (Enterprise Value 8.62b / FCF TTM -231.9m)
FCF Yield = -2.69% (FCF TTM -231.9m / Enterprise Value 8.62b)
FCF Margin = -17.63% (FCF TTM -231.9m / Revenue TTM 1.32b)
Net Margin = 7.62% (Net Income TTM 100.3m / Revenue TTM 1.32b)
Gross Margin = 26.88% ((Revenue TTM 1.32b - Cost of Revenue TTM 962.0m) / Revenue TTM)
Gross Margin QoQ = 27.81% (prev 26.55%)
Tobins Q-Ratio = 5.62 (Enterprise Value 8.62b / Total Assets 1.53b)
Interest Expense / Debt = 1.36% (Interest Expense 5.15m / Debt 377.9m)
Taxrate = 19.93% (7.66m / 38.4m)
NOPAT = 105.6m (EBIT 131.9m * (1 - 19.93%))
Current Ratio = 3.04 (Total Current Assets 759.3m / Total Current Liabilities 250.2m)
Debt / Equity = 0.44 (Debt 377.9m / totalStockholderEquity, last quarter 863.1m)
Debt / EBITDA = 1.81 (Net Debt 376.9m / EBITDA 208.4m)
Debt / FCF = -1.63 (negative FCF - burning cash) (Net Debt 376.9m / FCF TTM -231.9m)
Total Stockholder Equity = 834.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.82% (Net Income 100.3m / Total Assets 1.53b)
RoE = 12.02% (Net Income TTM 100.3m / Total Stockholder Equity 834.1m)
RoCE = 11.04% (EBIT 131.9m / Capital Employed (Equity 834.1m + L.T.Debt 360.1m))
RoIC = 9.55% (NOPAT 105.6m / Invested Capital 1.11b)
WACC = 10.58% (E(8.25b)/V(8.62b) * Re(11.02%) + D(377.9m)/V(8.62b) * Rd(1.36%) * (1-Tc(0.20)))
Discount Rate = 11.02% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.30%
[DCF] Fair Price = unknown (Cash Flow -231.9m)
EPS Correlation: -46.02 | EPS CAGR: -42.18% | SUE: -3.63 | # QB: 0
Revenue Correlation: 84.92 | Revenue CAGR: 31.84% | SUE: 1.95 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.45 | Chg7d=+0.000 | Chg30d=+0.010 | Revisions Net=+1 | Analysts=4
EPS next Year (2026-12-31): EPS=1.98 | Chg7d=+0.000 | Chg30d=-0.004 | Revisions Net=-1 | Growth EPS=+39.7% | Growth Revenue=+12.4%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 9.8% (Discount Rate 11.0% - Earnings Yield 1.2%)
[Growth] Growth Spread = +4.5% (Analyst 14.4% - Implied 9.8%)