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
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AAON, Inc. (AAON) Gross margin
AAON, Inc.'s gross margin over the twelve months to 30 June 2026 was 25.6%, down 1.2 percentage points from fiscal 2025 (26.8%). Over the past ten years it has ranged from 23.9% (fiscal 2018) to 34.2% (fiscal 2023); the current reading is higher than 45% of that period. That is below the Building Products & Equipment industry median of 31.9% and below the Industrials sector median of 30.6%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 26.8% | (6.32) |
| FY2024 | 33.1% | (1.08) |
| FY2023 | 34.2% | 7.42 |
| FY2022 | 26.7% | 0.94 |
| FY2021 | 25.8% | (4.50) |
| FY2020 | 30.3% | 4.84 |
| FY2019 | 25.5% | 1.59 |
| FY2018 | 23.9% | (6.65) |
| FY2017 | 30.5% | (0.24) |
| FY2016 | 30.8% | 0.45 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 24.3% | (0.83) |
| Mar 2026 | 25.2% | (0.73) |
| Dec 2025 | 25.9% | (1.93) |
| Sep 2025 | 27.8% | 1.26 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| GFF Griffon Corporation compare | 47.9% |
| FBIN Fortune Brands Innovations, Inc. compare | 46.0% |
| SPXC SPX Technologies, Inc. compare | 39.9% |
| AWI Armstrong World Industries, Inc. compare | 39.8% |
| TREX Trex Company, Inc. compare | 37.1% |
| BLDR Builders FirstSource, Inc. compare | 28.5% |
| AAON AAON, Inc. | 25.6% |
| OC Owens Corning Inc compare | 25.0% |
| LPX Louisiana-Pacific Corporation compare | 17.2% |
| Building Products & Equipment industry median | 31.9% |
| Industrials sector median | 30.6% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on AAON
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- 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