Company research
AAON, INC.
CIK 824142Updated Sep 24, 2026
SecurityAAON · NASDAQ · equity
Name history
AAON INC · through Jul 1, 2019
AAON price & chart
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NASDAQ:AAON on TradingView ↗In the news
AAON Announces Quarterly Cash Dividend News provided by AAON Aug 14, 2025, 08:00 ET Share this article Share to X Share this article Share to X TULSA, Okla. , Aug. 14, 2025 /PRNewswire/ -- AAON, Inc. (NASDAQ: AAON ) ("AAON" or the "Company"), today announced that its Board of Directors has declared ↗
Recent filings
4 filing
SCHEDULE 13G/A filing
4 filing
4 filing
Regulation FD Disclosure · Other Events
Items 7.01, 8.01
Show 5 more recent filings
SCHEDULE 13G/A filing
Other Events
Items 8.01, 9.01
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 5.02, 5.03, 9.01
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,686,510,000Source | 1,175,234,000Source | 941,436,000Source | 813,903,000Source |
| Property, Plant and Equipment, NetUSD | 631,262,000Source | 510,356,000Source | 369,947,000Source | 304,745,000Source |
| GoodwillUSD | — | — | 81,892,000Source | 81,892,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 83,907,000Source | 78,260,000Source | 68,053,000Source | 64,606,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 13,000Source | 14,000Source | 287,000Source | 5,451,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 314,387,000Source | 147,434,000Source | 138,108,000Source | 127,158,000Source |
| Inventory, NetUSD | 261,151,000Source | 187,420,000Source | 213,532,000Source | 198,939,000Source |
| Assets, CurrentUSD | 869,180,000Source | 488,212,000Source | 408,954,000Source | 349,116,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 17,921,000Source | 7,308,000Source | 3,097,000Source | 1,919,000Source |
| Operating Lease, Right-of-Use AssetUSD | 17,988,000Source | 15,436,000Source | 11,774,000Source | 7,123,000Source |
| Other Assets, NoncurrentUSD | 2,281,000Source | 242,000Source | 816,000Source | 6,421,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 327,000Source | 326,000Source | 326,000Source | 214,000Source |
| Additional Paid in CapitalUSD | 64,358,000Source | 68,946,000Source | 122,063,000Source | 98,735,000Source |
| Retained Earnings (Accumulated Deficit)USD | 830,300,000Source | 755,310,000Source | 612,835,000Source | 461,765,000Source |
| Liabilities and EquityUSD | 1,686,510,000Source | 1,175,234,000Source | 941,436,000Source | 813,903,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 330,855,000Source | 174,905,000Source | 126,749,000Source | 145,567,000Source |
| Operating Lease, Liability, CurrentUSD | 3,262,000Source | 2,481,000Source | 2,021,000Source | 1,254,000Source |
| Accounts Payable, CurrentUSD | 110,437,000Source | 44,645,000Source | 27,484,000Source | 45,513,000Source |
| Operating Lease, Liability, NoncurrentUSD | 15,529,000Source | 13,592,000Source | 10,201,000Source | 5,993,000Source |
| Deferred Income Tax Liabilities, NetUSD | 30,313,000Source | 0Source | 12,134,000Source | 18,661,000Source |
| Other Liabilities, NoncurrentUSD | 23,299,000Source | 20,743,000Source | 16,807,000Source | 11,508,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 132,213,000Source | 99,347,000Source | 85,508,000Source | 78,630,000Source |
| Deferred Tax Liabilities, NetUSD | 30,313,000Source | — | 12,134,000Source | 18,661,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 79,191,000Source | 62,735,000Source | 46,468,000Source | 35,106,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 17,994,000Source | 16,729,000Source | 16,384,000Source | 13,700,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 167,023,000Source | 10,041,000Source | 9,978,000Source | 56,306,000Source |
| Increase (Decrease) in InventoriesUSD | 73,883,000Source | -27,080,000Source | 16,226,000Source | 71,409,000Source |
| Increase (Decrease) in Accounts PayableUSD | 52,904,000Source | 16,959,000Source | -18,316,000Source | 11,574,000Source |
| Deferred Income Tax Expense (Benefit)USD | 31,149,000Source | -6,606,000Source | -6,527,000Source | -13,332,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 534,000Source | 192,532,000Source | 158,895,000Source | 61,318,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | 0Source | 0Source | 249,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -192,417,000Source | -213,075,000Source | -109,311,000Source | -76,213,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 9,730,000Source | 8,037,000Source | 1,302,000Source | 1,018,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 186,608,000Source | 18,034,000Source | -46,510,000Source | 17,357,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 32,600,000Source | 26,100,000Source | 26,400,000Source | 22,900,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,239,000Source | 6,514,000Source | 9,023,000Source | 5,949,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 16,605,000Source | 2,811,000Source | 4,817,000Source | 2,412,000Source |
| Income Taxes Paid, NetUSD | 12,930,000Source | — | 63,376,000Source | 19,293,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 17,994,000Source | 16,729,000Source | 16,384,000Source | 13,700,000Source |
| Amortization of Debt Issuance CostsUSD | 394,000Source | 154,000Source | 82,000Source | 43,000Source |
| Amortization of Intangible AssetsUSD | 6,890,000Source | 8,735,000Source | 5,331,000Source | 3,599,000Source |
| DepreciationUSD | 72,301,000Source | 54,000,000Source | — | — |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | -3,000Source | -37,000Source | 10,000Source | -41,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | 4,000Source | 23,000Source | 13,000Source | 12,000Source |
| Gain (Loss) on Disposition of AssetsUSD | -4,000Source | 23,000Source | — | — |
| GoodwillUSD | — | — | 81,892,000Source | 81,892,000Source |
| Income Tax Expense (Benefit)USD | 21,159,000Source | 38,032,000Source | 45,531,000Source | 24,157,000Source |
| Inventory Write-downUSD | 152,000Source | -968,000Source | 1,633,000Source | 2,740,000Source |
| Net Income (Loss) Attributable to ParentUSD | 107,593,000Source | 168,559,000Source | 177,623,000Source | 100,376,000Source |
| Other Nonoperating Income (Expense)USD | 230,000Source | 378,000Source | 503,000Source | 399,000Source |
| Payments of DividendsUSD | 32,603,000Source | 26,084,000Source | 26,445,000Source | 22,917,000Source |
| Proceeds from Stock Options ExercisedUSD | 17,144,000Source | 31,861,000Source | 33,259,000Source | 23,140,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,442,076,000Source | 1,200,635,000Source | 1,168,518,000Source | 888,788,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cost of RevenueUSD | 1,056,352,000Source | 803,526,000Source | 769,498,000Source | 651,216,000Source |
| Selling, General and Administrative ExpenseUSD | 239,480,000Source | 188,014,000Source | 171,539,000Source | 110,823,000Source |
| Operating Income (Loss)USD | 146,248,000Source | 209,118,000Source | 227,494,000Source | 126,761,000Source |
| Other Nonoperating Income (Expense)USD | 230,000Source | 378,000Source | 503,000Source | 399,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 128,752,000Source | 206,591,000Source | 223,154,000Source | 124,533,000Source |
| Income Tax Expense (Benefit)USD | 21,159,000Source | 38,032,000Source | 45,531,000Source | 24,157,000Source |
| Net Income (Loss) Attributable to ParentUSD | 107,593,000Source | 168,559,000Source | 177,623,000Source | 100,376,000Source |
| Earnings Per Share, BasicUSD per share | 1.32Source | 2.07Source | 2.19Source | 1.89Source |
| Earnings Per Share, DilutedUSD per share | 1.29Source | 2.02Source | 2.13Source | 1.86Source |
| Total Revenue | — | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 81,529,140Source | 81,473,131Source | 81,156,114Source | 53,054,986Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 83,105,538Source | 83,629,502Source | 83,295,290Source | 54,097,072Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 6,890,000Source | 8,735,000Source | 5,331,000Source | 3,599,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.4Source | 0.32Source | 0.32Source | 0.43Source |
| Current Income Tax Expense (Benefit)USD | — | 44,638,000Source | 52,058,000Source | 37,489,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | -3,000Source | -37,000Source | 10,000Source | -41,000Source |
| Gross ProfitUSD | 385,724,000Source | 397,109,000Source | 399,020,000Source | 237,572,000Source |
| Interest Income (Expense), NetUSD | -17,726,000Source | -2,905,000Source | -4,843,000Source | -2,627,000Source |
| Labor and Related ExpenseUSD | 12,851,000Source | 19,948,000Source | 24,590,000Source | 14,009,000Source |
| Research and Development ExpenseUSD | 58,200,000Source | 47,300,000Source | 43,700,000Source | 46,800,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 1,442,076,000Source | 1,200,635,000Source | 1,168,518,000Source | 888,788,000Source |