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AAON, Inc. (AAON)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US0003602069
CUSIP
000360206
IPO Date
Dec 16, 1992

Highlights

Market Cap
$6.88B
Enterprise Value
$6.88B
EPS (TTM)
$1.30
PE Ratio
63.84
PEG Ratio
2.55
Total Revenue (TTM)
$1.44B
Gross Profit (TTM)
$385.72M
EBITDA (TTM)
$205.26M
Year Range
$62.00 - $116.04
Target Price
$117.50
ROA (TTM)
6.38%
ROE (TTM)
12.02%

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in AAON, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

AAON, Inc. (AAON) has returned 8.66% so far this year and 6.40% over the past 12 months. Looking at the last ten years, AAON has achieved an annualized return of 16.71%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.


AAON, Inc.

1D
5.79%
1M
-18.13%
YTD
8.66%
6M
-11.23%
1Y
6.40%
3Y*
9.16%
5Y*
12.45%
10Y*
16.71%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Dec 16, 1992, AAON's average daily return is +0.13%, while the average monthly return is +2.44%. At this rate, your investment would double in approximately 2.4 years.

Historically, 58% of months were positive and 42% were negative. The best month was Dec 1992 with a return of +42.3%, while the worst month was Feb 2025 at -34.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 8 months.

On a daily basis, AAON closed higher 49% of trading days. The best single day was Jan 13, 1997 with a return of +41.9%, while the worst single day was Feb 27, 2025 at -22.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202619.42%11.14%-18.13%8.66%
2025-1.10%-34.01%1.85%16.82%5.50%-23.33%13.22%-0.66%12.78%5.30%-4.89%-18.43%-34.91%
2024-5.02%19.70%5.01%6.80%-20.24%16.37%1.48%7.88%13.01%5.92%19.44%-13.69%59.88%
20231.33%19.18%6.44%1.35%-11.62%9.61%11.02%-10.14%-9.71%-4.20%15.05%18.00%47.86%
2022-19.11%-8.86%-4.83%-12.54%9.93%2.56%9.88%-4.47%-6.26%19.69%23.28%-4.97%-4.55%
202111.06%4.19%-9.20%-6.57%1.28%-5.25%-0.70%9.59%-4.07%9.66%9.13%1.83%19.84%

Benchmark Metrics

AAON, Inc. has an annualized alpha of 27.57%, beta of 0.95, and R² of 0.13 versus S&P 500 Index. Calculated based on daily prices since December 17, 1992.

  • This stock captured 137.65% of S&P 500 Index gains but only 65.73% of its losses — a favorable profile for investors.
  • R² of 0.13 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
27.57%
Beta
0.95
0.13
Upside Capture
137.65%
Downside Capture
65.73%

Return for Risk

Risk / Return Rank

AAON ranks 44 for risk / return — on par with similar stocks. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


AAON Risk / Return Rank: 4444
Overall Rank
AAON Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
AAON Sortino Ratio Rank: 4343
Sortino Ratio Rank
AAON Omega Ratio Rank: 4242
Omega Ratio Rank
AAON Calmar Ratio Rank: 4646
Calmar Ratio Rank
AAON Martin Ratio Rank: 4444
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for AAON, Inc. (AAON) and compare them to a chosen benchmark (S&P 500 Index).


AAONBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.12

0.90

-0.78

Sortino ratio

Return per unit of downside risk

0.57

1.39

-0.82

Omega ratio

Gain probability vs. loss probability

1.07

1.21

-0.14

Calmar ratio

Return relative to maximum drawdown

0.20

1.40

-1.20

Martin ratio

Return relative to average drawdown

0.35

6.61

-6.25

Explore AAON risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

AAON, Inc. provided a 0.48% dividend yield over the last twelve months, with an annual payout of $0.40 per share. The company has been increasing its dividends for 12 consecutive years.


0.30%0.40%0.50%0.60%0.70%0.80%0.90%$0.00$0.10$0.20$0.30$0.4020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.40$0.40$0.32$0.32$0.29$0.25$0.25$0.21$0.21$0.17$0.16$0.15

Dividend yield

0.48%0.52%0.27%0.43%0.57%0.48%0.57%0.65%0.91%0.71%0.73%0.95%

Monthly Dividends

The table displays the monthly dividend distributions for AAON, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.10$0.10
2025$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.10$0.00$0.40
2024$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.08$0.00$0.32
2023$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.08$0.00$0.32
2022$0.00$0.00$0.00$0.00$0.00$0.13$0.00$0.00$0.00$0.00$0.16$0.00$0.29
2021$0.00$0.00$0.00$0.00$0.00$0.13$0.00$0.00$0.00$0.00$0.13$0.00$0.25

Dividend Yield & Payout


Dividend Yield

AAON, Inc. has a dividend yield of 0.48%, which signifies it pays a smaller percentage of its stock price in dividends to its shareholders compared to other companies in the market.

Payout Ratio

AAON, Inc. has a payout ratio of 22.71%, which is below the market average. This means AAON, Inc. returns a smaller proportion of its earnings to shareholders as dividends, suggesting it retains a higher portion for reinvestment, growth, or debt payment.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the AAON, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the AAON, Inc. was 76.03%, occurring on May 30, 1996. Recovery took 934 trading sessions.

The current AAON, Inc. drawdown is 40.83%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-76.03%Jun 7, 1994502May 30, 1996934Feb 10, 20001436
-48.86%Nov 12, 2024149Jun 18, 2025
-43.46%Aug 14, 200852Oct 27, 2008352Mar 23, 2010404
-42.39%Dec 9, 2021102May 5, 2022204Feb 28, 2023306
-42.06%Apr 26, 2002245Apr 15, 2003190Jan 15, 2004435

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of AAON, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how AAON, Inc. is priced in the market compared to other companies in the Building Products & Equipment industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for AAON, comparing it with other companies in the Building Products & Equipment industry. Currently, AAON has a P/E ratio of 63.8. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for AAON compared to other companies in the Building Products & Equipment industry. AAON currently has a PEG ratio of 2.6. This PEG ratio is higher than the industry average, which may suggest the stock is overvalued relative to its expected earnings growth.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for AAON relative to other companies in the Building Products & Equipment industry. Currently, AAON has a P/S ratio of 4.8. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for AAON in comparison with other companies in the Building Products & Equipment industry. Currently, AAON has a P/B value of 7.7. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items