AAON, Inc. (AAON) vs Builders FirstSource, Inc. (BLDR)

AAON, Inc. and Builders FirstSource, Inc. are both Building Products & Equipment companies. AAON, Inc. is the larger, with a market value of $7.0B against $6.3B — 1.1× the size. AAON, Inc. trades at the lower P/E: 45.7× against 64.3×. AAON, Inc. grew revenue faster over the last twelve months: 53.5% against −9.38%. AAON, Inc. has the higher net margin (8.24% vs 0.71%) and the higher return on invested capital (9.31% vs 3.19%). Across the 21 metrics below, AAON, Inc. leads on 13 and Builders FirstSource, Inc. on 8.

Valuation

Metric AAON BLDR Building Products & Equipment median
P/E 45.69 64.32 24.54
P/S 3.79 0.44 2.00
P/B 7.25 1.59 3.02
Price to free cash flow n/m 9.81 18.49
EV/EBITDA 25.90 10.54 12.63
EV/Sales 4.01 0.75 2.14
Earnings yield 2.19% 1.55% 2.74%
Free cash flow yield (1.77%) 10.20% 3.58%

Profitability

Metric AAON BLDR Building Products & Equipment median
Gross margin 25.57% 29.19% 29.19%
Operating margin 11.05% 3.01% 6.84%
Net margin 8.24% 0.71% 4.05%
Free cash flow margin (6.71%) 4.49% 8.72%
Return on equity 17.28% 2.51% 9.28%
Return on assets 9.76% 0.90% 2.88%
Return on invested capital 9.31% 3.19% 5.16%

Growth

Metric AAON BLDR Building Products & Equipment median
Revenue growth (TTM) 53.53% (9.38%) 3.11%
EPS growth (last fiscal year) (36.14%) (57.06%) —
Revenue growth, 5-year CAGR 22.89% 12.16% 5.37%
Net income growth, 5-year CAGR 6.37% 6.78% 0.00%

Health

Metric AAON BLDR Building Products & Equipment median
Debt to equity 0.43 1.15 0.43
Current ratio 3.01 1.79 1.82
Net debt to EBITDA 1.76 3.09 0.98

Dividend

Metric AAON BLDR Building Products & Equipment median
Dividend yield 0.51% — 1.20%
Payout ratio 0.18 0.00 0.04

Size

Metric AAON BLDR Building Products & Equipment median
Market cap 6.99b 6.30b 1.18b

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