AAON, INC.
AAONOther · Large accelerated filer · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $1.44B | $1.20B | $1.17B | $888.8M | $534.5M | $514.6M |
| Operating income | $146.2M | $209.1M | $227.5M | $126.8M | $69.3M | $101.8M |
| Net income | $107.6M | $168.6M | $177.6M | $100.4M | $58.8M | $79.0M |
| Total assets | $1.69B | $1.18B | $941.4M | $813.9M | $650.2M | $449.0M |
| Total liabilities | — | — | — | — | — | — |
| Equity | $895.0M | $824.6M | $735.2M | $560.7M | $466.2M | $350.9M |
| EPS (diluted) | $1.29 | $2.02 | $2.13 | $1.24 | $0.73 | $1.49 |
| Shares out. | 81.6M | 81.6M | 53.5M | 52.5M | 52.3M | 52.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 10.1%
- Net margin
- 7.5%
- Return on equity
- 12.0%
- Return on assets
- 6.4%
- Return on capital (ROCE)
- 10.8%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $10.97
- Revenue growth (YoY)
- 20.1%
- Net income growth (YoY)
- −36.2%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- 6.3%moderate
- Piotroski F-Score
- 2/8weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 3 good- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 5.4M | 2.9 | -20.3% |
| Apr 30, 2026 | 6.8M | 7.5 | -5.1% |
| Apr 15, 2026 | 7.2M | 10.2 | -2.4% |
| Mar 31, 2026 | 7.3M | 9.1 | -0.7% |
| Mar 13, 2026 | 7.4M | 7.6 | -5.3% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder vote · Other material eventMay 18, 2026
- Results of operations · Regulation FD disclosure · Other material eventMay 7, 2026
- Director / officer changeApr 2, 2026
- Other material eventMar 5, 2026
- Results of operations · Regulation FD disclosure · Other material eventMar 2, 2026
- Entered a material agreement · New financial obligationDec 29, 2025
- Director / officer changeDec 1, 2025
- Other material eventNov 12, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (2)
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