AAON, Inc.
AAON Industrials Building Products & Equipment
AAON, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 20.1% from fiscal 2024.
- Revenue
- +101.2%
- EPS
- +263.2%
- Free cash flow
- +53.0%
- Total debt
- +37.1%
Quarter to June 2026, against a year earlier
Follow AAON
Alert me
AAON, Inc. (AAON) EV/EBITDA
As of 5 November 2026, AAON, Inc. (AAON) trades at a EV/EBITDA of 16.3×. Over the past ten years it has ranged from 12.3× (January 2016) to 50.2× (June 2026); the current reading is higher than 14% of that period. That is above the Building Products & Equipment industry median of 13.3× and above the Industrials sector median of 12.4×.
EV/EBITDA, daily
Embed this chart
Annual newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 29.3× | (18.05%) |
| FY2024 | 35.7× | 62.57% |
| FY2023 | 22.0× | (11.69%) |
| FY2022 | 24.9× | (40.93%) |
| FY2021 | 42.1× | 57.92% |
| FY2020 | 26.7× | (5.57%) |
| FY2019 | 28.2× | 12.62% |
| FY2018 | 25.1× | 17.10% |
| FY2017 | 21.4× | 15.55% |
| FY2016 | 18.5× | 26.07% |
Quarterly newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 36.3× | 26.10% |
| Mar 2026 | 28.8× | (1.69%) |
| Dec 2025 | 29.3× | (23.49%) |
| Sep 2025 | 38.2× | 37.77% |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| OC Owens Corning Inc compare | 7.4× |
| GFF Griffon Corporation compare | 10.9× |
| BLDR Builders FirstSource, Inc. compare | 12.8× |
| AWI Armstrong World Industries, Inc. compare | 13.3× |
| SPXC SPX Technologies, Inc. compare | 14.3× |
| AAON AAON, Inc. | 16.3× |
| FBIN Fortune Brands Innovations, Inc. compare | 17.2× |
| TREX Trex Company, Inc. compare | 18.3× |
| LPX Louisiana-Pacific Corporation compare | 26.5× |
| Building Products & Equipment industry median | 13.3× |
| Industrials sector median | 12.4× |
| Market median | 10.9× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on AAON
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement