AAON
AAON, Inc. NASDAQ Listed Dec 16, 1992$136.72
+2.52%
vs $133.36
Mkt Cap $11.4B
52w Low $71.78
84.9% of range
52w High $148.25
50d MA $118.71
200d MA $97.63
P/E (TTM)
106.0x
EV/EBITDA
52.1x
P/B
12.4x
Debt/Equity
0.5x
ROE
12.0%
P/FCF
-59.4x
RSI (14)
47.00
ATR (14)
$7.79
Beta
1.20
50d MA
$118.71
200d MA
$97.63
Avg Volume
1.3M
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. The company was incorporated in 1987 and is based in Tulsa, Oklahoma.
2425 South Yukon Avenue · Tulsa, OK 74107 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 7, 2026 | BMO | — | — | — | 98.30 | +45.5% | +31.5% | +8.1% | +1.5% | -5.7% | +1.3% | — |
| Mar 2, 2026 | BMO | 0.45 | 0.39 | -13.3% | 101.20 | +4.0% | +3.5% | -9.0% | +0.7% | -3.7% | -4.4% | — |
| Nov 6, 2025 | BMO | 0.33 | 0.37 | +12.1% | 93.46 | +17.7% | +7.0% | +5.5% | +0.2% | -1.8% | -1.8% | — |
| Aug 11, 2025 | BMO | 0.31 | 0.22 | -29.0% | 80.52 | -22.5% | -10.5% | +15.1% | +6.4% | -5.9% | -4.3% | — |
| Apr 30, 2025 | BMO | 0.25 | 0.37 | +48.0% | 89.11 | -2.3% | +2.4% | +5.7% | +3.0% | -0.5% | -1.5% | — |
| Feb 27, 2025 | BMO | 0.54 | 0.30 | -44.4% | 102.02 | -13.7% | -22.9% | -2.3% | -4.3% | +2.4% | +8.9% | — |
| Nov 7, 2024 | BMO | 0.57 | 0.63 | +10.5% | 120.25 | +0.4% | -1.0% | +16.1% | +1.8% | -2.1% | -2.3% | — |
| Aug 1, 2024 | BMO | 0.51 | 0.62 | +21.6% | 88.53 | -0.1% | -1.8% | -1.3% | -0.4% | +0.9% | -0.4% | — |
| May 2, 2024 | BMO | 0.49 | 0.46 | -6.1% | 94.47 | +0.0% | -3.8% | -13.7% | -2.8% | +3.0% | -1.9% | — |
| Feb 28, 2024 | BMO | 0.52 | 0.56 | +7.7% | 85.82 | -1.4% | +1.3% | -3.4% | -0.9% | -0.9% | -1.9% | — |
| Nov 6, 2023 | BMO | 0.55 | 0.64 | +16.4% | 57.87 | -0.8% | -0.3% | +2.0% | -0.4% | -1.9% | +2.2% | — |
| Aug 3, 2023 | BMO | 0.43 | 0.55 | +27.9% | 71.03 | -1.3% | -2.3% | -5.9% | -3.6% | +2.0% | -1.6% | — |
| May 4, 2023 | BMO | 0.36 | 0.45 | +25.0% | 65.03 | -0.1% | -1.3% | +7.2% | -6.1% | -0.3% | +0.5% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 3 | Oppenheimer | Maintains | Outperform → Outperform | — | $104.73 | $99.86 | -4.7% | -9.0% | +0.7% | -3.7% | -4.4% | +2.3% |
| Feb 3 | DA Davidson | Maintains | Buy → Buy | — | $90.08 | $91.03 | +1.1% | +3.7% | +2.0% | -2.5% | +3.8% | +2.5% |
| Oct 14 | Oppenheimer | Maintains | Outperform → Outperform | — | $101.96 | $101.77 | -0.2% | +2.2% | +0.1% | -4.0% | -2.8% | +3.8% |
| Aug 12 | Baird | Maintains | Outperform → Buy | — | $72.08 | $72.57 | +0.7% | +15.1% | +6.4% | -5.9% | -4.3% | +2.9% |
| Aug 12 | DA Davidson | Maintains | Buy → Buy | — | $72.08 | $72.57 | +0.7% | +15.1% | +6.4% | -5.9% | -4.3% | +2.9% |
| Jun 16 | Sidoti & Co. | Upgrade | Neutral → Buy | — | $72.99 | $75.11 | +2.9% | +1.0% | -1.2% | -1.4% | +0.4% | +0.5% |
| Jun 11 | Baird | Maintains | Outperform → Outperform | — | $78.56 | $79.51 | +1.2% | -3.4% | -2.2% | -1.6% | +1.0% | -1.2% |
| May 2 | Baird | Maintains | Outperform → Outperform | — | $96.46 | $96.75 | +0.3% | +3.0% | -0.5% | -1.5% | -1.8% | +3.9% |
| Feb 28 | Baird | Maintains | Outperform → Outperform | — | $78.64 | $78.64 | +0.0% | -2.3% | -4.3% | +2.4% | +8.9% | -0.8% |
| Feb 28 | CJS Securities | Upgrade | Market Perform → Market Outperform | — | $78.64 | $78.64 | +0.0% | -2.3% | -4.3% | +2.4% | +8.9% | -0.8% |
| Feb 28 | DA Davidson | Maintains | Buy → Buy | — | $78.64 | $78.64 | +0.0% | -2.3% | -4.3% | +2.4% | +8.9% | -0.8% |
| Nov 8 | Baird | Maintains | Outperform → Outperform | — | $119.10 | $124.97 | +4.9% | +16.1% | +1.8% | -2.1% | -2.3% | -1.1% |
| Nov 8 | DA Davidson | Maintains | Buy → Buy | — | $119.10 | $124.97 | +4.9% | +16.1% | +1.8% | -2.1% | -2.3% | -1.1% |
| Oct 28 | Baird | Upgrade | Neutral → Outperform | — | $111.19 | $114.99 | +3.4% | +9.1% | -1.7% | -3.4% | -0.8% | -0.7% |
| Oct 22 | Sidoti & Co. | Downgrade | Buy → Neutral | — | $109.81 | $108.02 | -1.6% | -2.4% | -0.2% | -0.6% | +4.6% | +9.1% |
| Aug 2 | Baird | Maintains | Neutral → Neutral | — | $86.91 | $92.88 | +6.9% | -1.3% | -0.4% | +0.9% | -0.4% | +0.2% |
| Jun 26 | DA Davidson | Maintains | Buy → Buy | — | $84.74 | $84.32 | -0.5% | +0.2% | +2.1% | +0.7% | -4.2% | +2.7% |
| May 1 | DA Davidson | Maintains | Buy → Buy | — | $94.09 | $93.86 | -0.2% | +0.4% | -3.8% | -13.7% | -2.8% | +3.0% |
| Mar 1 | DA Davidson | Maintains | Buy → Buy | — | $83.98 | $84.30 | +0.4% | -0.9% | -0.9% | -1.9% | +0.1% | +0.1% |
| Feb 28 | DA Davidson | Maintains | Buy → Buy | — | $54.33 | $58.00 | +6.8% | +11.6% | -0.4% | +0.9% | +2.8% | -0.9% |
| Mar 29 | Sidoti & Co. | Upgrade | Neutral → Buy | — | $34.79 | $36.03 | +3.6% | +7.5% | -0.4% | -0.3% | +0.9% | -1.0% |
| Aug 9 | DA Davidson | Upgrade | Underperform → Neutral | — | $44.83 | $44.95 | +0.3% | +1.9% | +2.3% | -1.2% | -0.1% | -0.4% |
| May 6 | DA Davidson | Downgrade | Neutral → Underperform | — | $34.54 | $33.15 | -4.0% | -4.7% | -4.0% | -0.1% | +0.3% | +2.0% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| Jun 2, 2026 | Thompson RebeccaOff | Chief Accounting Officer | Sell | 4,230 | $143.42 | $607K | — | -0.43% | -1.13% |
| May 29, 2026 | Fields Gary DDir | — | Sell | 19,000 | $140.20 | $2.7M | 15,252 | +3.49% | -0.43% |
| May 26, 2026 | Fields Gary DDir | — | Sell | 21,173 | $140.34 | $3.0M | 34,252 | +1.95% | +3.31% |
| May 26, 2026 | Wichman Gordon DouglasOff | Executive Vice President | Sell | 3,000 | $140.39 | $421K | 10,997 | +1.95% | +3.31% |
| May 14, 2026 | Kidwell CaseyOff | Chief Administration Officer | Sell | 1,069 | $138.31 | $148K | 13,463 | -1.14% | +1.67% |
| May 14, 2026 | Kidwell CaseyOff | Chief Administration Officer | Sell | 2,084 | $138.30 | $288K | 13,463 | -1.14% | +1.67% |
| May 13, 2026 | Tobolski Matthew JosephDir/Off | Chief Executive Officer | Sell | 8,000 | $135.37 | $1.1M | 114,371 | -3.22% | -1.02% |
| May 13, 2026 | Fields Gary DDir | — | Sell | 19,081 | $137.60 | $2.6M | 34,252 | -3.22% | -1.02% |
| May 12, 2026 | Fields Gary DDir | — | Sell | 5,253 | $134.05 | $704K | 34,252 | +3.42% | +2.68% |
| May 12, 2026 | Fields Gary DDir | — | Sell | 26,018 | $134.07 | $3.5M | 34,252 | +3.42% | +2.68% |
| May 7, 2026 | Thompson RebeccaOff | Chief Accounting Officer | Sell | 9,672 | $136.59 | $1.3M | 27,681 | -5.67% | -1.14% |
| Apr 27, 2026 | Thompson RebeccaOff | Chief Accounting Officer | Sell | 400 | $100.27 | $40K | 27,681 | +7.91% | +4.95% |
| Apr 24, 2026 | Thompson RebeccaOff | Chief Accounting Officer | Sell | 21,914 | $100.21 | $2.2M | 27,681 | -3.88% | -1.81% |
| Apr 24, 2026 | Thompson RebeccaOff | Chief Accounting Officer | Sell | 21,914 | $100.21 | $2.2M | 27,681 | +7.91% | +4.95% |
| Apr 23, 2026 | Thompson RebeccaOff | Chief Accounting Officer | Sell | 7,292 | $100.10 | $730K | 27,681 | +7.91% | +4.95% |
| Apr 21, 2026 | Thompson RebeccaOff | Chief Accounting Officer | Sell | 2,287 | $100.11 | $229K | 27,681 | +7.91% | +4.95% |
8-K · 8.01
!! High
AAON, Inc. -- 8-K 8.01: Material Event / Announcement
AAON's board declared a regular quarterly dividend of $0.10 per share, maintaining its $0.40 annual dividend payout to shareholders.
May 18
8-K · 2.02
!! High
AAON, Inc. -- 8-K 2.02: Earnings Results
AAON reported Q1 2026 financial results and backlog figures, providing investors with updated operational performance and demand visibility for the HVAC equipment manufacturer.
May 7
8-K · 5.02
!!! Very High
Unknown — 8-K 5.02: Executive Change
AAON and CVGI each announced executive leadership transitions effective April 20, 2026, which creates near-term uncertainty about strategic direction and operational continuity that could impact stock performance until management's plans become clear.
Apr 2
8-K · 8.01
!! High
Aaon Inc -- 8-K 8.01: Material Event / Announcement
AAON's board declared a regular quarterly dividend of $0.10 per share ($0.40 annually), payable March 30, 2026, demonstrating confidence in stable cash generation and shareholder returns.
Mar 5
8-K · 8.01
!! High
Aaon Inc -- 8-K 8.01: Material Event / Announcement
AAON's board authorized a $100 million share repurchase program, enabling the company to buy back stock in the open market when conditions permit, potentially supporting its stock price.
Mar 2
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 3,375,342 | $257M | Reduced | Dec 2025 |
| 2 | Vanguard Capital Management Llc | 3,099,121 | $256M | New | Mar 2026 |
| 3 | Vanguard Portfolio Management Llc | 2,908,091 | $241M | New | Mar 2026 |
| 4 | Wasatch Advisors Lp | 2,268,118 | $188M | Added | Mar 2026 |
| 5 | First Trust Advisors Lp | 2,013,215 | $167M | Added | Mar 2026 |
| 6 | Geneva Capital Management Llc | 1,721,631 | $142M | Reduced | Mar 2026 |
| 7 | Blair William & Co/il | 1,622,203 | $134M | Reduced | Mar 2026 |
| 8 | Champlain Investment Partners, Llc | 1,602,006 | $133M | Reduced | Mar 2026 |
| 9 | Impax Asset Management Group Plc | 1,403,648 | $107M | Added | Dec 2025 |
| 10 | Conestoga Capital Advisors, Llc | 1,270,237 | $105M | Reduced | Mar 2026 |
| 11 | Capital World Investors | 1,264,278 | $105M | Added | Mar 2026 |
| 12 | Franklin Resources Inc | 1,219,260 | $101M | — | Mar 2026 |
| 13 | Spyglass Capital Management Llc | 858,840 | $71M | New | Mar 2026 |
| 14 | Pictet Asset Management Holding Sa | 879,467 | $67M | Reduced | Dec 2025 |
| 15 | Jpmorgan Chase & Co | 827,480 | $65M | Reduced | Mar 2026 |
| 16 | Northern Trust Corp | 743,485 | $62M | Reduced | Mar 2026 |
| 17 | Fmr Llc | 735,972 | $61M | Reduced | Mar 2026 |
| 18 | Bank Of New York Mellon Corp | 442,472 | $37M | Reduced | Mar 2026 |
| 19 | Pembroke Management, Ltd | 430,089 | $36M | Reduced | Mar 2026 |
| 20 | Sei Investments Co | 418,095 | $35M | Reduced | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$11.36B
Enterprise Value
$11.77B
P/E (TTM)
105.98x
Forward P/E
69.05x
PEG Ratio
-1.59x
P/B
12.45x
P/S
7.88x
P/FCF
-59.36x
EV/EBITDA
52.11x
Shares Out
83.1M
Financials (TTM)
Revenue
$1.44B
Net Income
$107.6M
EBITDA
$225.8M
Free Cash Flow
-$191.4M
Op Cash Flow
-$861K
EPS Basic
$1.32
EPS Diluted
$1.29
EPS Forward
$1.98
Gross Margin
26.8%
Op Margin
10.1%
Net Margin
7.5%
Balance Sheet
Total Assets
$1.69B
Total Liab.
$791.5M
Total Equity
$895.0M
Cash
$13K
LT Debt
$407.1M
Book Value/Sh
$10.98
Debt/Equity
0.48x
Current Ratio
2.63
Quick Ratio
1.84
Returns & Growth
ROE
12.0%
ROA
6.4%
ROIC
8.9%
Rev Growth YoY
+20.1%
EPS Growth YoY
-36.2%
Price Returns
2W
+0.1%
1M
+50.3%
3M
+38.5%
6M
+50.0%
12M
+45.6%
Technicals
52W High
$148.25
52W Low
$71.78
50d MA
$118.71
200d MA
$97.63
RSI (14)
47.00
ATR (14)
$7.79
Beta
1.20
Avg Volume
1.3M
Dividends
Div Rate
$0.40
Div Yield
0.4%
Frequency
4
Ex-Div Date
Mar 18, 2026
Analyst Price Targets
Consensus
$119.00
High
$120.00
Low
$118.00
Median
$119.00
Data updated apr 24, 2026 10:07am
· Source: financialmodelingprep.com