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) Return on invested capital
AAON, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 9.31%, up 2.2 percentage points from fiscal 2025 (7.07%). Over the past ten years it has ranged from 7.07% (fiscal 2025) to 30.7% (fiscal 2016) — the current reading is the lowest in ten years. That is above the Building Products & Equipment industry median of 5.54% and above the Industrials sector median of 1.86%.
Return on invested capital, annual
Embed this chart
Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 7.07% | (6.59) |
| FY2024 | 13.7% | (4.94) |
| FY2023 | 18.6% | 5.94 |
| FY2022 | 12.7% | 4.05 |
| FY2021 | 8.61% | (14.54) |
| FY2020 | 23.2% | 6.54 |
| FY2019 | 16.6% | 2.63 |
| FY2018 | 14.0% | (8.45) |
| FY2017 | 22.4% | (8.25) |
| FY2016 | 30.7% | 0.67 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| GFF Griffon Corporation compare | 22.1% |
| AWI Armstrong World Industries, Inc. compare | 21.4% |
| TREX Trex Company, Inc. compare | 13.1% |
| AAON AAON, Inc. | 9.31% |
| SPXC SPX Technologies, Inc. compare | 7.14% |
| FBIN Fortune Brands Innovations, Inc. compare | 3.35% |
| LPX Louisiana-Pacific Corporation compare | 2.88% |
| BLDR Builders FirstSource, Inc. compare | 2.21% |
| OC Owens Corning Inc compare | 1.80% |
| Building Products & Equipment industry median | 5.54% |
| Industrials sector median | 1.86% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- 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