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NASDAQ:AAON

AAON (AAON) Stock Price, News & Analysis

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$87.67 +2.44 (+2.86%)
Closing price 04:00 PM Eastern
Extended Trading
$87.70 +0.03 (+0.04%)
As of 04:14 PM Eastern
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About AAON Stock (NASDAQ:AAON)

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Key Stats

Today's Range
$85.35
$91.14
50-Day Range
$84.87
$143.65
52-Week Range
$73.19
$150.46
Volume
1.65 million shs
Average Volume
1.05 million shs
Market Capitalization
$7.23 billion
P/E Ratio
45.66
Dividend Yield
0.46%
Price Target
$126.67
Consensus Rating
Moderate Buy

Company Overview

AAON, Inc. (NASDAQ: AAON) is a U.S.-based designer and manufacturer of heating, ventilation and air conditioning (HVAC) equipment for commercial and industrial applications. The company’s product portfolio focuses on rooftop packaged units, water-source heat pumps, chillers and custom-engineered solutions that cater to a wide array of building types, from office complexes and schools to data centers and healthcare facilities.

AAON’s core offerings include rooftop units available in gas, electric and dual-fuel configurations, precision air-conditioning systems for temperature- and humidity-sensitive environments, and modular chillers suited for both indoor and outdoor installations. The company also produces air handlers, heat recovery units and building automation controls designed to optimize energy efficiency and indoor air quality.

Founded in 1987 by Dr. Norman H. Asbjornson, AAON is headquartered in Tulsa, Oklahoma, and operates manufacturing facilities in Oklahoma and Texas. The company’s vertically integrated production model encompasses sheet metal fabrication, coil manufacturing and final assembly, enabling tight control over quality and lead times. Sales are conducted through a network of independent representatives and direct channels throughout North America, with select international exports.

AAON places a strong emphasis on research and development to meet evolving environmental regulations and customer-specific requirements. By combining standardized platforms with customizable options, the company seeks to deliver reliable, energy-efficient HVAC solutions while maintaining flexibility for unique projects and emerging market trends.

AI Generated. May Contain Errors.

AAON Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
89th Percentile Overall Score

AAON MarketRank™: 

AAON scored higher than 89% of companies evaluated by MarketBeat, and ranked 139th out of 673 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    AAON has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on no strong buy ratings, 4 buy ratings, 3 hold ratings, and no sell ratings.

  • Upside Potential

    AAON has a consensus price target of $126.67, representing about 39.4% upside from its current price of $90.87.

  • Amount of Analyst Coverage

    AAON has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about AAON's stock forecast and price target.
  • Earnings Growth

    Earnings for AAON are expected to grow by 50.43% in the coming year, from $2.30 to $3.46 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of AAON is 47.34, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.67.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of AAON is 47.34, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 28.28.

  • Price to Earnings Growth Ratio

    AAON has a PEG Ratio of 2.34. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    AAON has a P/B Ratio of 8.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    5.94% of the float of AAON has been sold short.
  • Short Interest Ratio / Days to Cover

    AAON has a short interest ratio ("days to cover") of 3.26, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in AAON has recently increased by 0.10%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    AAON has a dividend yield of 0.47%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    AAON has only been increasing its dividend for 2 years.

  • Dividend Coverage

    The dividend payout ratio of AAON is 20.83%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, AAON will have a dividend payout ratio of 11.56% next year. This indicates that AAON will be able to sustain or increase its dividend.

  • Read more about AAON's dividend.
  • News Sentiment

    AAON has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 36 news articles for AAON this week, compared to 7 articles on an average week.
  • Search Interest

    16 people have searched for AAON on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added AAON to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, AAON insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,807,621.00 in company stock.

  • Percentage Held by Insiders

    18.09% of the stock of AAON is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    70.81% of the stock of AAON is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about AAON's insider trading history.
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AAON Stock News Headlines

AAON Announces Quarterly Cash Dividend
Trump's New Dollar
Porter Stansberry says President Trump has signed an executive order initiating what he calls a full U.S. dollar reset - and most Americans don't know it's happening. The last time America underwent a monetary shift like this, under Nixon in the 1970s, it minted an average of 1,300 new millionaires a day for over half a century. Stansberry has released a new documentary naming the assets he believes are positioned to surge as a result.tc pixel
AAON, Inc. Q2 2026 Earnings Call Summary
Voltmax electrical equipment and cable spools at an industrial construction site with a steel-framed building under construction.
3 Non-Tech Stocks Still Winning Big on AI (AAON)
Powell Industries, AAON, and EMCOR Group are benefiting from surging data center demand for power, HVAC, and construction services, offering AI-linked growth outside the tech sector.
See More Headlines

AAON Stock Analysis - Frequently Asked Questions

AAON's stock was trading at $76.25 at the beginning of 2026. Since then, AAON shares have increased by 19.2% and is now trading at $90.8730.

AAON, Inc. (NASDAQ:AAON) announced its quarterly earnings results on Monday, August, 10th. The construction company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.18. The business's quarterly revenue was up 101.2% compared to the same quarter last year.
Read the conference call transcript
.

AAON shares split before market open on Thursday, August 17th 2023.The 3-2 split was announced on Friday, July 7th 2023. The newly minted shares were distributed to shareholders after the closing bell on Wednesday, August 16th 2023. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

AAON's Board of Directors initiated a stock repurchase program on Tuesday, March 4th 2025, which allows the company to buy back $30,000,000 in shares, according to EventVestor. This means that the company could purchase up to 0.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

AAON subsidiaries include these companies: BASX Solutions, AAON Coil Products Inc Texas, and AAON Inc Oklahoma.

Top institutional investors of AAON include Wasatch Advisors LP (2.85%), Bank of New York Mellon Corp (0.53%), Ranger Investment Management L.P. (0.29%) and Madison Asset Management LLC (0.04%). Insiders that own company stock include Matthew Joseph Tobolski, Gary D Fields, Stephen E Wakefield, Robert Teis, Casey Kidwell, Gordon Douglas Wichman, Christopher Douglas Eason, Norman H Asbjornson, David Raymond Stewart and Rebecca Thompson.
View institutional ownership trends
.

Shares of AAON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that AAON investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), TotalEnergies (TTE), The RMR Group (RMR) and Southern First Bancshares (SFST).

Company Calendar

Record date for 6/26 Dividend
6/05/2026
Ex-Dividend for 6/26 Dividend
6/05/2026
Dividend Payable
6/26/2026
Last Earnings
8/10/2026
Today
8/13/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Building Products
Sub-Industry
Building Products
Current Symbol
NASDAQ:AAON
CIK
824142
Employees
5,897
Year Founded
1988

Price Target and Rating

High Price Target
$135.00
Low Price Target
$120.00
Potential Upside/Downside
+44.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.92
Trailing P/E Ratio
45.75
Forward P/E Ratio
38.19
P/E Growth
2.34
Net Income
$107.59 million
Net Margins
8.24%
Pretax Margin
9.17%
Return on Equity
17.86%
Return on Assets
9.60%

Debt

Debt-to-Equity Ratio
0.46
Current Ratio
2.62
Quick Ratio
1.75

Sales & Book Value

Annual Sales
$1.44 billion
Price / Sales
5.02
Cash Flow
$2.40 per share
Price / Cash Flow
36.56
Book Value
$10.96 per share
Price / Book
8.01

Miscellaneous

Outstanding Shares
82,450,000
Free Float
67,094,000
Market Cap
$7.24 billion
Optionable
Optionable
Beta
1.45

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This page (NASDAQ:AAON) was last updated on 8/13/2026 by MarketBeat.com Staff.
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