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ISIN
US0003602069
CUSIP
000360206
IPO Date
Dec 16, 1992

Highlights

Market Cap
$11.33B
Enterprise Value
$11.33B
EPS (TTM)
$1.42
PE Ratio
95.74
PEG Ratio
3.83
Total Revenue (TTM)
$1.62B
Gross Profit (TTM)
$424.33M
EBITDA (TTM)
$228.54M
Year Range
$62.00 - $150.46
Target Price
$119.00
ROA (TTM)
6.60%
ROE (TTM)
12.64%

Share Price Chart


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Performance

AAON Performance Chart

AAON, Inc. (AAON) is up 78.9% since the beginning of the year. At $136 per share, AAON is trading 9.5% below its 52-week high of $150. Investors who bought $1,000 worth of AAON shares 5 years ago would now be looking at an investment worth $3,431.


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S&P 500 Index

Returns By Period

AAON, Inc. (AAON) has returned 78.92% so far this year and 89.68% over the past 12 months. Looking at the last ten years, AAON has achieved an annualized return of 23.51%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.


AAON, Inc.

1D
-0.41%
1M
1.23%
YTD
78.92%
6M
81.71%
1Y
89.68%
3Y*
29.45%
5Y*
27.96%
10Y*
23.51%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AAON Monthly Returns History

Based on dividend-adjusted daily data since Dec 16, 1992, AAON's average daily return is +0.14%, while the average monthly return is +2.57%. At this rate, an investment would double in approximately 2.3 years.

Historically, 57% of months were positive and 43% were negative. The best month was May 2026 with a return of +50.3%, 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%12.76%50.25%-2.81%78.92%
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 29.00%, beta of 0.95, and R2 of 0.12 versus S&P 500 Index. Calculated based on daily prices since December 16, 1992.

  • This stock captured 143.29% of S&P 500 Index gains but only 66.06% of its losses - a favorable profile for investors.
  • R2 of 0.12 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
29.00%
Beta
0.95
0.12
Upside Capture
143.29%
Downside Capture
66.06%

Return for Risk

Risk / Return Rank

AAON ranks 82 for risk / return — in the top 82% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


AAON Risk / Return Rank: 8282
Overall Rank
AAON Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
AAON Sortino Ratio Rank: 8282
Sortino Ratio Rank
AAON Omega Ratio Rank: 7979
Omega Ratio Rank
AAON Calmar Ratio Rank: 8383
Calmar Ratio Rank
AAON Martin Ratio Rank: 8282
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 S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


AAONBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.57

Sortino ratioReturn per unit of downside risk

-0.37

Omega ratioGain probability vs. loss probability

1.28

1.37

-0.09

Calmar ratioReturn relative to maximum drawdown

2.93

2.78

+0.15

Martin ratioReturn relative to average drawdown

7.04

12.44

-5.39

Dividends

Dividend History

AAON, Inc. provided a 0.29% 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

0.29%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$0.00$0.00$0.10$0.20
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 0.29%, 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 27.65%, which is quite average when compared to the overall market. This suggests that AAON, Inc. strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

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 1, 1996. Recovery took 954 trading sessions.

The current AAON, Inc. drawdown is 8.09%.


Related event

Drawdown

Fall

Recovery

Underwater

1996 bear market1996
-76.03%May 1996
1y 10mo3y 9mo
5y 8moJun 1994 - Feb 2000
2025 selloff2025
-48.86%Jun 2025
7mo 8d10mo 27d
1y 6moNov 2024 - May 2026
Financial crisis2007–2009
-43.46%Oct 2008
2mo 14d1y 4mo
1y 7moAug 2008 - Mar 2010
Bear market2022
-42.39%May 2022
4mo 27d9mo 29d
1y 2moDec 2021 - Feb 2023
2003 bear market2003
-42.06%Apr 2003
11mo 24d9mo 5d
1y 8moApr 2002 - Jan 2004

Drawdown Indicators


AAONBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-76.03%

-56.78%

-19.25%

Max Drawdown (1Y)

Largest decline over 1 year

-30.75%

-9.10%

-21.65%

Max Drawdown (3Y)

Largest decline over 3 years

-48.86%

-18.90%

-29.96%

Max Drawdown (5Y)

Largest decline over 5 years

-48.86%

-25.43%

-23.43%

Max Drawdown (10Y)

Largest decline over 10 years

-48.86%

-33.92%

-14.94%

Current Drawdown

Current decline from peak

-8.09%

-1.80%

-6.29%

Average Drawdown

Average peak-to-trough decline

-19.25%

-10.71%

-8.54%

Ulcer Index

Depth and duration of drawdowns from previous peaks

12.77%

2.03%

+10.74%

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 95.7. 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 3.8. 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 7.0. 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 12.1. 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
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