AAON, Inc. (AAON) Earnings History
Annual and quarterly earnings data from 1990 to 2025
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AAON EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
AAON Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 26.7% | 10.1% | 7.5% |
| 2024 | 33.1% | 17.4% | 14.0% |
| 2023 | 34.1% | 19.5% | 15.2% |
| 2022 | 26.7% | 14.3% | 11.3% |
| 2021 | 25.8% | 13.0% | 11.0% |
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AAON, Inc. (AAON) Earnings Overview
As of May 6, 2026, AAON, Inc. (AAON) reported trailing twelve-month net income of $108M, reflecting -36.1% year-over-year growth. The company earned $1.29 per diluted share over the past four quarters, with a net profit margin of 7.5%.
Looking at the long-term picture, AAON's 5-year EPS compound annual growth rate (CAGR) stands at +5.4%, showing solid earnings momentum. The company achieved its highest annual net income of $178M in fiscal 2023.
AAON, Inc. maintains positive profitability with a gross margin of 26.7%, operating margin of 10.1%, and net margin of 7.5%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including LII ($783M net income, 15.1% margin), CARR ($1.32B net income, 6.9% margin), TT ($2.90B net income, 13.7% margin), AAON has room to improve margins relative to the peer group. Compare AAON vs LII →
AAON Earnings vs Peers
Earnings metrics vs comparable public companies
AAON Historical Earnings Data (1990–2025)
36 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $108M | -36.2% | $146M | $1.29 | 7.5% | 10.1% |
| 2024 | $169M | -5.1% | $209M | $2.02 | 14.0% | 17.4% |
| 2023 | $178M | +77.0% | $227M | $2.13 | 15.2% | 19.5% |
| 2022 | $100M | +70.8% | $127M | $1.24 | 11.3% | 14.3% |
| 2021 | $59M | -25.6% | $69M | $0.73 | 11.0% | 13.0% |
| 2020 | $79M | +47.1% | $102M | $0.99 | 15.4% | 19.8% |
| 2019 | $54M | +26.9% | $67M | $0.68 | 11.4% | 14.3% |
| 2018 | $42M | -22.3% | $55M | $0.54 | 9.8% | 12.8% |
| 2017 | $54M | +2.1% | $74M | $0.69 | 13.4% | 18.3% |
| 2016 | $53M | +16.7% | $80M | $0.67 | 13.9% | 20.7% |
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Start ComparisonAAON — Frequently Asked Questions
Quick answers to the most common questions about buying AAON stock.
Is AAON growing earnings?
AAON EPS fell to $1.29, with earnings declining -36.1%. This contrasts with the 5-year CAGR of +5.4%. TTM net income dropped to $108M.
What are AAON's profit margins?
AAON, Inc. net margin is +7.5%, with operating margin at +10.1%. Margins sit within typical range for the sector.
How consistent are AAON's earnings?
AAON earnings data spans 1990-2025. The declining earnings trend is -36.1% YoY. Historical data enables comparison across business cycles.