AAON vs. NBN

Last updated Apr 1, 2026

Compare and contrast key facts about AAON, Inc. (AAON) and Northeast Bank (NBN).

Performance

AAON vs. NBN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAON, Inc. (AAON) and Northeast Bank (NBN). The values are adjusted to include any dividend payments, if applicable.

AAON vs. NBN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AAON AAON, Inc.	8.66%	-34.91%	59.88%	47.86%	-4.55%	19.84%	35.71%	41.88%	-3.59%	11.84%
NBN Northeast Bank	8.13%	13.35%	66.31%	31.21%	17.95%	58.86%	2.63%	31.69%	-27.59%	77.10%

Fundamentals

Market Cap AAON : $6.88B NBN : $944.47M
EPS AAON : $1.30 NBN : $10.36
PE Ratio AAON : 63.84 NBN : 10.85
PEG Ratio AAON : 2.55 NBN : 1.21
PS Ratio AAON : 4.76 NBN : 2.66
PB Ratio AAON : 7.68 NBN : 1.76
Total Revenue (TTM) AAON : $1.44B NBN : $355.21M
Gross Profit (TTM) AAON : $385.72M NBN : $156.58M
EBITDA (TTM) AAON : $205.26M NBN : $131.15M

Returns By Period

In the year-to-date period, AAON achieves a 8.66% return, which is significantly higher than NBN's 8.13% return. Over the past 10 years, AAON has underperformed NBN with an annualized return of 16.71%, while NBN has yielded a comparatively higher 26.88% annualized return.

AAON

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

NBN

• 1D: 2.16%
• 1M: 1.34%
• YTD: 8.13%
• 6M: 12.21%
• 1Y: 22.81%
• 3Y*: 49.55%
• 5Y*: 32.98%
• 10Y*: 26.88%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AAON vs. NBN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAON

AAON Risk / Return Rank: 46
AAON Sharpe Ratio Rank: 46
AAON Sortino Ratio Rank: 45
AAON Omega Ratio Rank: 44
AAON Calmar Ratio Rank: 47
AAON Martin Ratio Rank: 46

NBN

NBN Risk / Return Rank: 61
NBN Sharpe Ratio Rank: 64
NBN Sortino Ratio Rank: 58
NBN Omega Ratio Rank: 57
NBN Calmar Ratio Rank: 61
NBN Martin Ratio Rank: 62

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.

AAON vs. NBN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAON, Inc. (AAON) and Northeast Bank (NBN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AAON	NBN	Difference
Sharpe ratio Return per unit of total volatility	0.12	0.62	-0.50
Sortino ratio Return per unit of downside risk	0.57	1.07	-0.50
Omega ratio Gain probability vs. loss probability	1.07	1.14	-0.07
Calmar ratio Return relative to maximum drawdown	0.20	0.85	-0.65
Martin ratio Return relative to average drawdown	0.35	2.07	-1.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AAON vs. NBN - Sharpe Ratio Comparison

The current AAON Sharpe Ratio is 0.12, which is lower than the NBN Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of AAON and NBN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AAON	NBN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.12	0.62	-0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	1.01	-0.71
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.66	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.26	+0.23

Correlation

The correlation between AAON and NBN is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AAON vs. NBN - Dividend Comparison

AAON's dividend yield for the trailing twelve months is around 0.48%, more than NBN's 0.04% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAON AAON, Inc.	0.48%	0.52%	0.27%	0.43%	0.57%	0.48%	0.57%	0.65%	0.91%	0.71%	0.73%	0.95%
NBN Northeast Bank	0.04%	0.04%	0.04%	0.07%	0.10%	0.11%	0.18%	0.18%	0.24%	0.17%	0.31%	0.38%

Drawdowns

AAON vs. NBN - Drawdown Comparison

The maximum AAON drawdown since its inception was -76.03%, which is greater than NBN's maximum drawdown of -70.51%. Use the drawdown chart below to compare losses from any high point for AAON and NBN.

Drawdown Indicators

	AAON	NBN	Difference
Max Drawdown Largest peak-to-trough decline	-76.03%	-70.51%	-5.52%
Max Drawdown (1Y) Largest decline over 1 year	-32.76%	-27.57%	-5.19%
Max Drawdown (5Y) Largest decline over 5 years	-48.86%	-29.30%	-19.56%
Max Drawdown (10Y) Largest decline over 10 years	-48.86%	-70.25%	+21.39%
Current Drawdown Current decline from peak	-40.83%	-10.34%	-30.49%
Average Drawdown Average peak-to-trough decline	-19.26%	-23.83%	+4.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.37%	11.27%	+7.10%

Volatility

AAON vs. NBN - Volatility Comparison

AAON, Inc. (AAON) has a higher volatility of 17.22% compared to Northeast Bank (NBN) at 6.12%. This indicates that AAON's price experiences larger fluctuations and is considered to be riskier than NBN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AAON	NBN	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.22%	6.12%	+11.10%
Volatility (6M) Calculated over the trailing 6-month period	33.92%	26.16%	+7.76%
Volatility (1Y) Calculated over the trailing 1-year period	54.46%	37.04%	+17.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.28%	32.92%	+9.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.66%	40.67%	-2.01%

Financials

AAON vs. NBN - Profitability Comparison

The chart below illustrates the profitability comparison between AAON, Inc. and Northeast Bank over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AAON - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, AAON, Inc. reported a gross profit of 109.77M and revenue of 424.22M. Therefore, the gross margin over that period was 25.9%.

NBN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Northeast Bank reported a gross profit of 0.00 and revenue of 87.03M. Therefore, the gross margin over that period was 0.0%.

AAON - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, AAON, Inc. reported an operating income of 43.96M and revenue of 424.22M, resulting in an operating margin of 10.4%.

NBN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Northeast Bank reported an operating income of 30.12M and revenue of 87.03M, resulting in an operating margin of 34.6%.

AAON - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, AAON, Inc. reported a net income of 32.03M and revenue of 424.22M, resulting in a net margin of 7.6%.

NBN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Northeast Bank reported a net income of 20.74M and revenue of 87.03M, resulting in a net margin of 23.8%.