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AAON 
AAON Inc (AAON)
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Upturn Advisory Summary
11/05/2025: AAON (1-star) is a SELL. SELL since 2 days. Simulated Profits (-1.78%). Updated daily EoD!
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
6 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $103.25
1 Year Target Price $103.25
| 2 | Strong Buy |
| 1 | Buy |
| 3 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 11.54% | Avg. Invested days 56 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 11/05/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 7.62B USD | Price to earnings Ratio 63.58 | 1Y Target Price 103.25 |
Price to earnings Ratio 63.58 | 1Y Target Price 103.25 | ||
Volume (30-day avg) 6 | Beta 1.05 | 52 Weeks Range 61.92 - 143.48 | Updated Date 11/5/2025 |
52 Weeks Range 61.92 - 143.48 | Updated Date 11/5/2025 | ||
Dividends yield (FY) 0.40% | Basic EPS (TTM) 1.47 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-11-06 | When - | Estimate 0.375 | Actual - |
Profitability
Profit Margin 9.7% | Operating Margin (TTM) 3.99% |
Management Effectiveness
Return on Assets (TTM) 8.03% | Return on Equity (TTM) 15.52% |
Valuation
Trailing PE 63.58 | Forward PE 51.02 | Enterprise Value 8354305984 | Price to Sales(TTM) 6.05 |
Enterprise Value 8354305984 | Price to Sales(TTM) 6.05 | ||
Enterprise Value to Revenue 6.64 | Enterprise Value to EBITDA 46.28 | Shares Outstanding 81530676 | Shares Floating 67380212 |
Shares Outstanding 81530676 | Shares Floating 67380212 | ||
Percent Insiders 17.35 | Percent Institutions 83.46 |
Upturn AI SWOT
AAON Inc
Company Overview
History and Background
AAON Inc. was founded in 1988 and is headquartered in Tulsa, Oklahoma. It specializes in the design, engineering, and manufacturing of semi-custom heating, ventilation, and air conditioning (HVAC) equipment for commercial and industrial markets. AAON has grown organically and through strategic acquisitions, expanding its product line and geographic reach.
Core Business Areas
- HVAC Equipment Manufacturing: AAON designs and manufactures a wide range of HVAC products, including rooftop units, chillers, packaged units, and coils. These products are known for their high efficiency and customization options.
Leadership and Structure
Gary Fields serves as the CEO. The company has a structured organizational hierarchy typical of manufacturing companies, with departments focused on engineering, manufacturing, sales, marketing, and finance.
Top Products and Market Share
Key Offerings
- Rooftop Units: AAON's rooftop units are highly customizable and energy-efficient. Market share data is variable but estimated to be in the top 3. Competitors include Carrier, Trane, and Lennox.
- Chillers: AAON manufactures chillers designed for commercial and industrial applications, emphasizing energy efficiency and reliability. Competitors include Trane, Johnson Controls, and Daikin.
Market Dynamics
Industry Overview
The HVAC industry is experiencing growth driven by factors such as increasing construction activity, rising demand for energy-efficient solutions, and stricter environmental regulations.
Positioning
AAON Inc. is positioned as a premium provider of highly customizable and energy-efficient HVAC solutions. Its competitive advantages include its engineering expertise and manufacturing capabilities.
Total Addressable Market (TAM)
The global HVAC market is estimated to be several hundred billion USD. AAON Inc. targets a niche segment within the larger market, focusing on customized and high-efficiency solutions. The exact TAM specific to AAON is difficult to define due to the custom nature of the solutions.
Upturn SWOT Analysis
Strengths
- Customization Capabilities
- Energy Efficiency Focus
- Strong Engineering Expertise
- Reputation for Quality
- Made in USA
Weaknesses
- Premium Pricing
- Dependence on Commercial Construction
- Concentrated Customer Base
- Limited International Presence
Opportunities
- Growing Demand for Energy-Efficient HVAC
- Expansion into New Geographies
- Increasing Adoption of Smart HVAC Systems
- Government Incentives for Green Buildings
Threats
- Economic Downturns
- Rising Raw Material Costs
- Increased Competition
- Changing Regulations
- Supply Chain Disruptions
Competitors and Market Share
Key Competitors
- Carrier (CARR)
- Trane Technologies (TT)
- Lennox International (LII)
Competitive Landscape
AAON Inc. differentiates itself through its focus on customization and energy efficiency. However, it faces stiff competition from larger, more established players with broader product portfolios.
Major Acquisitions
Coil Company
- Year: 2022
- Acquisition Price (USD millions): 47
- Strategic Rationale: Increased control over supply chain.
Growth Trajectory and Initiatives
Historical Growth: AAON Inc. has experienced strong growth in recent years, driven by increased demand for its energy-efficient HVAC solutions.
Future Projections: Analyst estimates project continued growth for AAON Inc., driven by favorable industry trends and the company's strong competitive position.
Recent Initiatives: Recent strategic initiatives include expanding manufacturing capacity, launching new products, and investing in research and development.
Summary
AAON Inc. is a strong company focused on customized, energy-efficient HVAC solutions. It has demonstrated consistent growth and profitability within the commercial HVAC market. While facing challenges from larger competitors, AAON's niche focus and engineering expertise provide a competitive edge. Economic fluctuations and rising material costs pose potential threats.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Analyst Reports
- Industry Research Reports
- Company Website
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly. Verify information before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About AAON Inc
Exchange NASDAQ | Headquaters Tulsa, OK, United States | ||
IPO Launch date 1992-12-16 | President, CEO & Director Dr. Matthew J. Tobolski Ph.D., SE | ||
Sector Industrials | Industry Building Products & Equipment | Full time employees 4812 | Website https://www.aaon.com |
Full time employees 4812 | Website https://www.aaon.com | ||
AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BASX. It offers rooftop units, data center cooling solutions, cleanroom systems, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pumps, coils, and controls. The company markets and sells its products to retail, manufacturing, educational, lodging, supermarket, data centers, medical and pharmaceutical, and other commercial industries. It sells its products through a network of independent manufacturer representative organizations and internal sales force, as well as online. AAON, Inc. was incorporated in 1987 and is headquartered in Tulsa, Oklahoma.
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