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AAON logo AAON
Upturn stock ratingUpturn stock rating
AAON logo

AAON Inc (AAON)

Upturn stock ratingUpturn stock rating
$132.15
Delayed price
Today's Top Performer Top performer
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

01/21/2025: AAON (4-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Analysis of Past Performance

Type Stock
Historic Profit 126.95%
Avg. Invested days 75
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 01/21/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 6.67B USD
Price to earnings Ratio 40.62
1Y Target Price 109.75
Price to earnings Ratio 40.62
1Y Target Price 109.75
Volume (30-day avg) 479761
Beta 0.95
52 Weeks Range 68.98 - 143.81
Updated Date 04/23/2025
52 Weeks Range 68.98 - 143.81
Updated Date 04/23/2025
Dividends yield (FY) 0.49%
Basic EPS (TTM) 2.02

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-04-30
When Before Market
Estimate -
Actual -

Profitability

Profit Margin 14.04%
Operating Margin (TTM) 3.99%

Management Effectiveness

Return on Assets (TTM) 12.45%
Return on Equity (TTM) 21.61%

Valuation

Trailing PE 40.62
Forward PE -
Enterprise Value 6668224961
Price to Sales(TTM) 5.56
Enterprise Value 6668224961
Price to Sales(TTM) 5.56
Enterprise Value to Revenue 5.55
Enterprise Value to EBITDA 28.99
Shares Outstanding 81317600
Shares Floating 66554013
Shares Outstanding 81317600
Shares Floating 66554013
Percent Insiders 17.54
Percent Institutions 73.14

Analyst Ratings

Rating 4
Target Price 109.75
Buy 1
Strong Buy 3
Buy 1
Strong Buy 3
Hold 3
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

AAON Inc

stock logo

Company Overview

overview logo History and Background

AAON Inc. was founded in 1988 and is headquartered in Tulsa, Oklahoma. It designs, engineers, and manufactures heating, ventilation, and air conditioning (HVAC) equipment. AAON has grown organically and through strategic acquisitions to become a significant player in the custom HVAC market.

business area logo Core Business Areas

  • HVAC Equipment Manufacturing: AAON designs and manufactures a comprehensive range of HVAC products, including rooftop units, chillers, packaged systems, and coils. Their products are known for their energy efficiency and customization options.
  • Engineering and Design Services: The company provides engineering and design services to support the development of customized HVAC solutions.

leadership logo Leadership and Structure

Gary Fields serves as the Chairman, President, and CEO. The company has a standard corporate structure with departments for sales, marketing, engineering, manufacturing, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Rooftop Units: AAON's rooftop units are a core product, known for their high energy efficiency and customization capabilities. They compete with Trane Technologies (TT), Carrier Global (CARR), and Lennox International (LII). Market share data for rooftop units is variable, but AAON holds a substantial market share percentage.
  • Chillers: AAON manufactures chillers for commercial and industrial applications. Competitors include Trane Technologies (TT), Carrier Global (CARR), and Daikin Industries. AAON's chiller offerings provide a competitive advantage due to their customization options and energy efficiency ratings.

Market Dynamics

industry overview logo Industry Overview

The HVAC industry is driven by factors such as construction activity, building codes, energy efficiency standards, and technological advancements. The market is competitive with both large global players and smaller regional manufacturers.

Positioning

AAON is positioned as a premium provider of highly customizable, energy-efficient HVAC solutions. Their focus on custom engineering differentiates them from competitors who primarily offer standardized products.

Total Addressable Market (TAM)

The global HVAC market is expected to reach hundreds of billions of dollars. AAON's focus on the premium and customized segment of the market allows them to capture a portion of this TAM. A precise number is difficult to pinpoint due to fragmented markets.

Upturn SWOT Analysis

Strengths

  • Strong brand reputation for quality and customization
  • High energy efficiency products
  • Experienced management team
  • Strong customer relationships

Weaknesses

  • Higher price point compared to standard HVAC units
  • Dependence on construction market cycles
  • Relatively smaller scale compared to global competitors

Opportunities

  • Increasing demand for energy-efficient HVAC systems
  • Expansion into new geographic markets
  • Growing adoption of building automation systems
  • Increased infrastructure spending

Threats

  • Rising raw material costs
  • Intense competition from larger players
  • Economic downturns affecting construction activity
  • Changes in government regulations and building codes

Competitors and Market Share

competitor logo Key Competitors

  • TT
  • CARR
  • LII
  • CAIR

Competitive Landscape

AAON's competitive advantage lies in its customization capabilities and energy-efficient products. It competes with larger players who have broader product lines and global reach. AAON's disadvantages may be in smaller scale and higher costs compared to competitors.

Major Acquisitions

WattMaster Controls

  • Year: 2019
  • Acquisition Price (USD millions): 27
  • Strategic Rationale: Expands AAON's controls capabilities and product offerings.

Growth Trajectory and Initiatives

Historical Growth: AAON has experienced consistent revenue growth driven by its strong product offerings and market position.

Future Projections: Future growth projections unavailable without analyst estimates.

Recent Initiatives: Recent initiatives unavailable without access to current company reports.

Summary

AAON is a strong company with a niche focus on customized HVAC solutions and energy-efficient products. Its competitive advantage lies in its customization capabilities and responsiveness to customer needs. Rising raw material costs and economic downturns remain potential risks, and a small market share in an industry dominated by large players. Overall the company is very strong.

Similar Companies

CARRratingrating

Carrier Global Corp

$59.47
Large-Cap Stock
0%
PASS

CARRratingrating

Carrier Global Corp

$59.47
Large-Cap Stock
0%
PASS

LIIratingrating

Lennox International Inc

$547.86
Large-Cap Stock
0%
PASS

LIIratingrating

Lennox International Inc

$547.86
Large-Cap Stock
0%
PASS

TTratingrating

Trane Technologies plc

$347.49
Large-Cap Stock
0%
PASS

TTratingrating

Trane Technologies plc

$347.49
Large-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company reports
  • Industry analysis reports
  • Financial databases
  • Press releases

Disclaimers:

This analysis is based on available information and general market conditions. Actual results may vary. Financial data may require updates.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
CEO & Director Mr. Gary D. Fields
Sector Industrials
Industry Building Products & Equipment
Full time employees 4812
Full time employees 4812

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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