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

54.06 4.19 −7.19%
Market cap
$4.5B
P/E
27.7×
Fwd P/E
28.0×
Dividend yield
0.74%
F-score
2/9
Altman Z
6.93
Beneish M
−1.39
Dividend safety
49/100

AAON, Inc. (AAON) Price to free cash flow

Alert me on Price to free cash flow

AAON, Inc. has no meaningful price to free cash flow: its trailing twelve-month free cash flow is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 713× (December 2021) — the current reading is the lowest in ten years.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 0.0× —
FY2024 0.0× —
FY2023 110× —
FY2022 0.0× —
FY2021 713× 1,152.18%
FY2020 56.9× 34.54%
FY2019 42.3× (59.38%)
FY2018 104× (12.66%)
FY2017 119× 152.31%
FY2016 47.3× 29.72%

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 0.0× —
Sep 2025 0.0× —
42 more quarters

Against its own ten years

Low 0.0× High 713×
Ten-year median 46.5×
Current reading's percentile 26

Price to free cash flow against peers

Company Price to free cash flow
AAON AAON, Inc. n/m
FBIN Fortune Brands Innovations, Inc. compare 9.6×
OC Owens Corning Inc compare 11.5×
GFF Griffon Corporation compare 14.3×
BLDR Builders FirstSource, Inc. compare 27.1×
TREX Trex Company, Inc. compare 29.6×
SPXC SPX Technologies, Inc. compare 30.8×
AWI Armstrong World Industries, Inc. compare 33.0×
LPX Louisiana-Pacific Corporation compare 174×
Building Products & Equipment industry median 18.4×
Industrials sector median 19.6×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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