AAON, Inc. (AAON) vs Louisiana-Pacific Corporation (LPX)

AAON, Inc. and Louisiana-Pacific Corporation are both Building Products & Equipment companies. AAON, Inc. is the larger, with a market value of $7.0B against $4.6B — 1.5× the size. AAON, Inc. trades at the lower P/E: 45.7× against 84.4×. AAON, Inc. grew revenue faster over the last twelve months: 53.5% against −14.4%. AAON, Inc. has the higher net margin (8.24% vs 2.19%) and the higher return on invested capital (9.31% vs 2.45%). Both pay a dividend; Louisiana-Pacific Corporation yields more (1.39% vs 0.51%). Across the 22 metrics below, AAON, Inc. leads on 12 and Louisiana-Pacific Corporation on 10.

Valuation

Metric AAON LPX Building Products & Equipment median
P/E 45.69 84.43 24.54
P/S 3.79 1.89 2.00
P/B 7.25 2.68 3.02
Price to free cash flow n/m n/m 18.49
EV/EBITDA 25.90 23.06 12.63
EV/Sales 4.01 1.94 2.14
Earnings yield 2.19% 1.18% 2.74%
Free cash flow yield (1.77%) (0.45%) 3.58%

Profitability

Metric AAON LPX Building Products & Equipment median
Gross margin 25.57% 17.96% 29.19%
Operating margin 11.05% 2.96% 6.84%
Net margin 8.24% 2.19% 4.05%
Free cash flow margin (6.71%) (0.85%) 8.72%
Return on equity 17.28% 3.10% 9.28%
Return on assets 9.76% 2.05% 2.88%
Return on invested capital 9.31% 2.45% 5.16%

Growth

Metric AAON LPX Building Products & Equipment median
Revenue growth (TTM) 53.53% (14.40%) 3.11%
EPS growth (last fiscal year) (36.14%) (64.69%) —
Revenue growth, 5-year CAGR 22.89% 2.45% 5.37%
Net income growth, 5-year CAGR 6.37% (21.79%) 0.00%

Health

Metric AAON LPX Building Products & Equipment median
Debt to equity 0.43 0.20 0.43
Current ratio 3.01 3.22 1.82
Net debt to EBITDA 1.76 0.16 0.98

Dividend

Metric AAON LPX Building Products & Equipment median
Dividend yield 0.51% 1.39% 1.20%
Payout ratio 0.18 0.42 0.04

Size

Metric AAON LPX Building Products & Equipment median
Market cap 6.99b 4.63b 1.18b

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