15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $1.4B | $108M | 26.7% | 10.1% | — | — | $13000 |
| 2024 | $1.2B | $169M | 33.1% | 17.4% | — | — | $14000 |
| 2023 | $1.2B | $178M | 34.1% | 19.5% | — | — | $287000 |
| 2022 | $889M | $100M | 26.7% | 14.3% | $7M | — | $5M |
| 2021 | $535M | $59M | 25.8% | 13.0% | $6M | — | $3M |
| 2020 | $515M | $79M | 30.3% | 19.8% | $61M | — | $79M |
| 2019 | $469M | $54M | 25.4% | 14.3% | $61M | — | $27M |
| 2018 | $434M | $42M | 23.9% | 12.8% | $18M | — | $2M |
| 2017 | $405M | $54M | 30.5% | 18.3% | $16M | — | $21M |
| 2016 | $384M | $53M | 30.8% | 20.7% | — | — | $24M |
| 2015 | — | $46M | — | — | — | — | $8M |
| 2014 | — | $44M | — | — | — | — | $22M |
| 2013 | — | $38M | — | — | — | — | $12M |
| 2012 | — | $27M | — | — | $37M | — | $3M |
| 2011 | — | $14M | — | — | -$9M | — | $13000 |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $497M | $40M | 25.1% | 11.5% | — | — | $13000 |
| Dec '25 | $424M | $32M | 25.9% | 10.4% | — | — | $13000 |
| Sep '25 | $384M | $31M | 27.8% | 11.3% | — | — | $1M |
| Jun '25 | $312M | $15M | 26.6% | 7.6% | — | — | $14000 |
| Mar '25 | $322M | $29M | 26.8% | 10.9% | — | — | $994000 |
| Dec '24 | $298M | $25M | 26.1% | 9.9% | — | — | $14000 |
| Sep '24 | $327M | $53M | 34.9% | 20.0% | — | — | $15000 |
| Jun '24 | $314M | $52M | 36.1% | 21.4% | — | — | $13000 |
| Mar '24 | $262M | $39M | 35.2% | 17.9% | — | — | $8M |
| Dec '23 | $307M | $47M | 36.4% | 20.8% | — | — | $287000 |
| Sep '23 | $312M | $48M | 37.2% | 20.7% | $25M | — | $212000 |
| Jun '23 | $284M | $46M | 33.1% | 19.3% | $23M | — | $5M |
| Mar '23 | $266M | $37M | 29.0% | 16.6% | -$24M | — | $3M |
| Dec '22 | $255M | $39M | 30.8% | 18.3% | $5M | — | $5M |
| Sep '22 | $243M | $27M | 27.0% | 15.1% | $31M | — | $11M |
| Jun '22 | $209M | $16M | 22.7% | 9.8% | -$8M | — | $18M |
| Mar '22 | $183M | $18M | 25.2% | 12.6% | -$21M | — | $6M |
| Dec '21 | $136M | $6M | 19.5% | 4.0% | -$26M | — | $3M |
| Sep '21 | $139M | $16M | 26.0% | 14.5% | $2M | — | $102M |
| Jun '21 | $144M | $21M | 29.3% | 17.5% | $17M | — | $111M |
How the market has priced AAON against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Aaon, Inc.'s revenue has grown 22.9% per year, and net income grown 6.4% per year. These are computed facts, not advice.
As of FY2025, Aaon, Inc. reported — of total debt against $13000 of cash.
In FY2025, gross margin was 26.7%, operating margin 10.1%, and net margin 7.5%.
As of Jun '26, Aaon, Inc. traded at a price-to-earnings ratio of about 101.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.