AAON Inc (AAON)


AAON Inc is a U.S.-based industrial company that designs, manufactures, and sells heating and air conditioning equipment for customers in the United States and Canada. Its business is organized into three segments: AAON Oklahoma, AAON Coil Products, and BASX. The company’s product line includes rooftop units, air handling units, makeup air units, energy recovery units, condensing units, geothermal and water-source heat pumps, coils, controls, and cooling systems used in data centers, cleanrooms, and packaged mechanical rooms. AAON serves a range of commercial end markets, including retail, manufacturing, education, lodging, supermarkets, medical and pharmaceutical facilities, and data centers. It distributes products through independent manufacturer representatives, its internal sales team, and online channels. Founded in 1987, AAON is headquartered in Tulsa, Oklahoma and its common stock trades on NASDAQ.


Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Upcoming Dividend Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NASDAQ-AAON
$91.33
-14.0% Downside
Fair
$151.33
42.5% Upside
Undervalued
Fair
0.4
0.4%
July 30, 2026
73.6x
9.3x
5.4x
8.509 B
9.141 B
5.0%
83.3%
8.5
27.6%
-123.0%
Valuation • Fair Value

AAON Inc (NASDAQ-AAON) Fair Value by Valuation Model

Compare the primary fair value estimate for AAON Inc (NASDAQ-AAON) with model-based valuation references such as DCF, Ben Graham, DDM, EPV and comparable-company valuation.

Primary Valuation Read

Fair Value

$91.33

Estimated downside of 14.0% versus the current market price.

Fair Value Confidence

Med

Confidence level for the primary fair value estimate.

DCF Fair Value

$83.26

Discounted cash flow valuation reference.

Ben Graham Formula Value

$16

Classic Ben Graham valuation formula reference.

DDM Fair Value

$77.47

Dividend discount model valuation reference.

EPV Fair Value

NM

Earnings power value estimate.

Comps Fair Value

$101.71

Comparable-company valuation reference.

Analyst Price Target

$151.33

Analysts imply upside of 42.5%.

How to read these valuation models

Use this section to compare the primary fair value estimate for AAON Inc (NASDAQ-AAON) with several model-based valuation references. Different models can produce different outputs because each method relies on a different set of assumptions, so the primary fair value estimate should be read alongside the model spread rather than in isolation.

Profitability • Growth

Profitability & Growth for AAON Inc (NASDAQ-AAON)

A compact read on revenue, forward revenue expectations, EBITDA and operating profitability trends.

Revenue

1.617 B

Current operating scale indicator.

Revenue Forecast

2.071 B

Forward revenue estimate.

EBITDA

251.1 M

Current operating profitability reference.

EBITDA Forecast

360.4 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review AAON Inc (NASDAQ-AAON) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for AAON Inc (NASDAQ-AAON)

Review financial health, earnings quality and balance-sheet risk through Piotroski, Beneish, Altman and cash conversion metrics.

Financial Health

Fair

Mixed or neutral financial-health read.

Piotroski Score

3

Weak quality score that deserves closer review.

Beneish M-Score

-1.83

Intermediate zone that deserves monitoring.

Altman Z-Score

8.5

Relatively strong balance-sheet zone.

FCF / Net Income

-123.0%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for AAON Inc (NASDAQ-AAON). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for AAON Inc (NASDAQ-AAON)

Track the next earnings date, ex-dividend date, dividend payment date, dividend yield and upcoming distribution details where available.

Next Earnings Date

July 30, 2026

Days to Earnings

9

Dividend Payment Date

Not available

Ex-Dividend Date

Not available

Dividend Yield

0.4%

Income yield reference.

Upcoming Dividend

0.4

Upcoming distribution amount.

Payment Type

Not available

Data is currently unavailable.

Dividend Currency

USD

Currency used for the distribution.

Payout Ratio

27.6%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for AAON Inc (NASDAQ-AAON), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

AAON Inc (NASDAQ-AAON) Stock Forecast & Technical Outlook

Review AAON Inc (NASDAQ-AAON) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Neutral

The 15-minute technical read for AAON Inc (NASDAQ-AAON) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Sell

The 1-hour technical read for AAON Inc (NASDAQ-AAON) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Sell

The daily technical read for AAON Inc (NASDAQ-AAON) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Sell

The weekly technical read for AAON Inc (NASDAQ-AAON) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Buy

The monthly technical read for AAON Inc (NASDAQ-AAON) is currently Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for AAON Inc (NASDAQ-AAON)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Strong Buy

Based on the available recommendation mix, AAON Inc (NASDAQ-AAON) has a Strong Buy consensus, with 3 buy, 0 hold and 0 sell recommendations in the current data set.

Buy 3
Hold 0
Sell 0
FAQ Fast Investor Answers

AAON Inc (NASDAQ-AAON) Stock FAQ

Quick answers about AAON Inc (NASDAQ-AAON) stock, including fair value, valuation rating, analyst price target, dividends, earnings dates, market capitalization, financial health and other key stock analysis metrics.

Fair Value
$91.33
Estimated downside 14.0%
Valuation Rating
Overvalued
Estimated downside of 14.0%
Analyst Target
$151.33
Implied upside 42.5%
Financial Health
Fair
Current financial-health read

The current fair value estimate for AAON Inc (NASDAQ-AAON) is $91.33. This implies an estimated downside of 14.0% versus the current market price.

Based on the current fair value estimate, the stock appears overvalued, with estimated downside of 14.0% versus the current market price.

The available analyst price target for AAON Inc (NASDAQ-AAON) is $151.33. The analyst target implies estimated upside of 42.5%.

The current financial health read for AAON Inc (NASDAQ-AAON) is Fair. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for AAON Inc (NASDAQ-AAON) is July 30, 2026.

Based on the current data, dividend yield is 0.4%, upcoming dividend amount is 0.4.

The current P/E ratio listed for AAON Inc (NASDAQ-AAON) is 73.6x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for AAON Inc is 8.509 B.

The current enterprise value listed for AAON Inc is 9.141 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for AAON Inc is NASDAQ-AAON, and the stock is listed on NASDAQ.

AAON Inc (NASDAQ-AAON) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for AAON Inc is 5.0%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for AAON Inc is 83.3%. Free float helps investors understand how much of the share base is available for public trading.