NASDAQ · AAON
AAON, Inc.
Industrials · Industrial - Machinery
$83.27▲ 1.20% ($0.99)at close
After hours$83.51▲ 0.29%7:40 PM ET
Market cap
$6.82B
P/E
43.77
EPS (TTM)
$1.90
Next earnings
Nov 5, 2026
Valuation
Revenue & margin DCF
A cash-flow estimate wouldn't be reliable here
More than 85% of this valuation sits in the terminal value beyond year 10, so the result is driven by the perpetuity assumption rather than the projected decade. The valuation is not shown.
- 10-yr revenue CAGR
- 19.6%
- Ending operating margin
- 10.6%
- Discount rate
- 12.5%
USD · TTM ending Jun 30, 2026 · Price used $83.27 · Price Oct 2, 8:00 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
What changed
The stock fell 15.33% over the last year. Revenue grew 53.53% over the trailing twelve months. Operating margin moved from 12.21% to 11.05%. Free cash flow grew 29.64% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price. The market appears to be discounting durability, risk, or trust rather than just the latest reported numbers.
What would invalidate this read
This read changes if operating margin (currently 11.05%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Return analysis
Company profile
AAON, Inc., along with its affiliated companies, focuses on the engineering, manufacturing, promotion, and sale of heating and air conditioning systems throughout the United States and Canada.
Market multiples
Stock splits
Every 2 shares became 3
Every 2 shares became 3
Every 2 shares became 3
Every 2 shares became 3
Every 2 shares became 3
Every 2 shares became 3
Every 2 shares became 3
Every 10 shares became 11
Profitability & growth
Analyst consensus
5
Buy
0
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Nov 5, 2026
Q3 FY26 · EPS est $0.57 · Revenue est $596.1M
View
Institutional Sentiment
AAON, Inc. · AAON
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.