AAON, Inc. Financial Ratios — AAO Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	11.69	21.06	24.85	26.12	25.91	27.74	24.3	17.4	19.91	24.65	14.38	19.55	27.41	21.61	12.51
Return on Assets (%)	8.25	14.74	18.36	19.96	19.89	21.81	19.46	14	15.81	19.26	10.69	13.71	20.24	15.93	7.52
Return on Capital (%)	11.62	20.72	24.85	26.12	25.91	27.74	24.3	17.4	19.91	24.64	13.71	17.88	25.48	19.19	10.57
Return on Invested Capital (%)	11.84	20.69	24.66	26.05	25.92	27.62	24.18	17.36	19.93	24.64	13.71	17.64	25.19	19.16	10.57
Gross Margin (%)	17.38	23.26	27.96	30.38	30.3	30.75	30.51	23.86	25.45	30.29	25.79	26.73	34.15	33.07	26.75
EBITDA Margin (%)	12.61	19.02	21.22	22.33	23.16	24.12	22.02	16.82	14.28	19.79	12.97	14.3	19.5	17.43	15.64
Operating Margin (%)	9	14.59	17.38	19	19.85	20.71	18.37	12.79	14.35	18.53	12.95	14.26	19.47	17.42	10.56
Incremental Operating Margin (%)	- -	54.93	64.16	33.82	151.3	32.88	- -	- -	33.45	61.94	- -	16.24	36.01	- -	- -
Pretax Margin (%)	8.08	14.62	17.53	19.15	19.89	20.83	18.42	12.79	14.28	19.82	12.94	14.01	19.1	17.21	8.93
Profit Margin (%)	5.25	9.06	11.69	12.39	12.75	13.9	13.28	9.75	11.44	15.35	10.99	11.29	15.2	14.04	7.46
Net Income to Common Margin (%)	5.25	9.06	11.69	12.39	12.75	13.9	13.28	9.75	11.44	15.35	10.99	11.29	15.2	14.04	7.46
Effective Tax Rate (%)	34.99	38.06	33.3	35.3	35.9	33.27	27.87	23.73	19.87	22.52	15.07	19.4	20.4	18.41	16.43
Dvd Payout Ratio (%)	42.44	32.21	19.78	21.87	25.93	23.75	25.38	39.52	30.99	25.08	33.95	22.83	14.89	15.47	30.3
Sustainable Growth Rate (%)	6.73	14.28	19.93	20.41	19.19	21.15	18.13	10.52	13.74	18.47	9.5	15.09	23.33	18.27	8.72

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	42	78	51	171	425
ST Debt	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	1	2	18	11
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	40	77	49	152	414
Total Debt/EBITDA	0.14	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.6	0.62	0.22	0.82	1.88
Net Debt/EBITDA	0.14	-0.05	-0.18	-0.28	-0.1	-0.26	-0.24	-0.03	-0.4	-0.78	0.54	0.52	0.17	0.74	1.8
Total Debt/EBIT	0.21	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.6	0.62	0.22	0.82	2.9
Net Debt/EBIT	0.21	-0.07	-0.22	-0.32	-0.11	-0.3	-0.29	-0.04	-0.4	-0.78	0.54	0.52	0.17	0.74	2.78
EBITDA to Interest Expense	121.18	1,310.02	- -	- -	- -	- -	- -	- -	- -	- -	525.2	48.38	47.04	72.05	12.73
EBITDA-CapEx/Interest Expense	121.18	1,310.02	- -	- -	- -	- -	- -	- -	- -	- -	525.2	40	45.97	66.03	11.92
EBIT to Interest Expense	86.54	1,005.41	- -	- -	- -	- -	- -	- -	- -	- -	524.48	48.25	46.97	71.98	8.59
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	5	3	18
Common Equity/Total Assets	68.45	71.39	76.17	76.69	76.84	80.26	79.93	80.99	78.12	78.14	71.7	68.89	78.1	70.16	53.07
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.58	13.73	6.6	18.49	46.24
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.88	12.05	6.18	15.32	31.36
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.15	9.46	5.15	12.97	24.54
Total Debt/Equity (%)	3.73	- -	- -	- -	- -	- -	- -	- -	- -	0.06	8.92	13.96	6.88	20.73	47.45
Total Debt/Capital (%)	3.6	- -	- -	- -	- -	- -	- -	- -	- -	0.06	8.19	12.25	6.43	17.17	32.18
Total Debt/Total Assets (%)	2.56	- -	- -	- -	- -	- -	- -	- -	- -	0.04	6.4	9.61	5.37	14.55	25.18
Net Debt to Equity	3.72	-2.29	-7.36	-12.61	-4.42	-11.73	-9.04	-0.8	-9.24	-22.52	7.97	11.69	5.17	18.78	45.35
Net Debt/Capital (%)	3.59	-2.34	-7.95	-14.43	-4.62	-13.29	-9.94	-0.81	-10.18	-29.05	7.36	10.35	4.84	15.56	30.75
EBITDA	34	58	68	80	83	93	89	73	67	102	69	127	228	209	226
EBITDA-CapEx	34	58	68	80	83	93	89	73	67	102	69	105	223	192	211
Operating Income (Loss)	24	44	56	68	71	80	74	56	67	95	69	127	227	209	152

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	0.23	1	0.94	0.7	1.12	0.61	0.04	0.48	1.34	0.03	0.04	- -	- -	- -
Current Ratio	2.18	2.31	3.13	2.93	2.86	3.61	3.07	2.96	3.35	3.73	2.51	2.4	3.23	2.79	2.63
Quick Ratio	1.14	1.36	2.1	2.03	1.96	2.38	1.65	1.31	1.7	2.22	0.98	1.02	1.45	1.64	1.78
CFO/Avg Current Liab	0.71	1.31	1.41	1.35	1.29	1.55	1.3	1.12	1.45	1.79	0.42	0.23	0.83	0.86	- -
Common Equity/Total Assets	68.45	71.39	76.17	76.69	76.84	80.26	79.93	80.99	78.12	78.14	71.7	68.89	78.1	70.16	53.07
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.58	13.73	6.6	18.49	46.24
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.88	12.05	6.18	15.32	31.36
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.15	9.46	5.15	12.97	24.54
Total Debt/Equity (%)	3.73	- -	- -	- -	- -	- -	- -	- -	- -	0.06	8.92	13.96	6.88	20.73	47.45
Total Debt/Capital (%)	3.6	- -	- -	- -	- -	- -	- -	- -	- -	0.06	8.19	12.25	6.43	17.17	32.18
Total Debt/Total Assets (%)	2.56	- -	- -	- -	- -	- -	- -	- -	- -	0.04	6.4	9.61	5.37	14.55	25.18
CFO/Total Liabilities	46.89	92.43	104.39	101.14	102.63	126.25	97.38	93.69	92.46	105.13	16.76	10.35	54.52	37.02	0.07
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.19	21.63	7.42	0.04
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	7.19	7.77	7.74	8.57	7.62	8.26	8.68	8.31	7.73	8.97	9.05	8.98	8.81	8.41	6.25
Days Sales Outstanding	50.75	46.96	47.13	42.59	47.89	44.21	42.04	43.91	47.24	40.71	40.35	40.64	41.43	43.4	58.45
Inventory Turnover	6.42	6.89	7.15	7.11	6.57	6.19	4.77	4.45	4.63	4.6	3.73	3.96	3.73	4.01	4.71
Days Inventory Outstanding	56.88	53.01	51.08	51.32	55.58	58.92	76.57	81.97	78.87	79.28	97.76	92.26	97.82	91.07	77.5
Accounts Payable Turnover	15.18	16.95	22.17	26.48	28.59	41.38	33.76	31.25	30.92	30.35	21.45	19.32	21.48	21.56	14.57
Accounts Payable Turnover Days	24.05	21.53	16.46	13.78	12.77	8.82	10.81	11.68	11.81	12.03	17.02	18.9	16.99	16.93	25.04
Cash Conversion Cycle	83.58	78.44	81.75	80.13	90.7	94.32	107.79	114.2	114.3	107.96	121.09	114.01	122.26	117.54	110.9
Inventory to Cash Days	-6.13	-6.04	-3.95	-8.73	-7.68	-14.71	-34.53	-38.05	-31.63	-38.57	-57.41	-51.62	-56.4	-47.66	-19.05
Inventories	35	33	32	38	38	47	71	78	74	82	130	199	214	187	261
Raw Materials	32	28	29	34	34	43	58	68	69	76	124	194	211	192	265
Work In Process	2	3	2	2	3	2	6	4	2	2	3	4	6	- -	- -
Finished Goods	2	2	2	2	3	3	8	7	6	7	5	6	3	- -	1
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	- -	3	12	22	8	24	21	2	27	79	3	5	- -	- -	- -
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	5	- -	- -	- -	- -	- -	- -	- -	- -	- -	42	78	51	171	425
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Capital	127	138	164	174	179	206	237	249	290	351	508	639	786	996	1,320
Total Debt/Capital (%)	3.6	- -	- -	- -	- -	- -	- -	- -	- -	0.06	8.19	12.25	6.43	17.17	32.18
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	266	303	321	356	359	384	405	434	469	515	535	889	1,169	1,201	1,442
TTM EBITDA	34	58	68	80	83	93	89	73	67	102	69	127	228	209	226
TTM Operating Income	24	44	56	68	71	80	74	56	67	95	69	127	227	209	152
TTM Cash Flow to Firm	27	51	54	54	55	64	58	55	75	103	31	28	116	132	15
TTM Free Cash Flow to Firm	27	51	54	54	55	64	58	55	75	103	31	6	111	115	1

Multiples (USD)

Valuation Multiples API ChatGPT

No data availableFinancial data will appear here once available

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	83	83	83	81	80	79	79	78	78	78	79	80	82	81	82
Diluted Weighted Avg Shares	56	83	83	83	82	80	80	79	79	80	81	81	83	84	83
Basic Weighted Avg Shares	56	83	83	82	81	79	79	78	78	78	79	80	81	81	82
Revenue per Share	4.79	3.66	3.88	4.33	4.42	4.84	5.14	5.53	6.01	6.58	6.8	11.17	14.4	14.74	17.69
EBITDA per Share	0.6	0.7	0.82	0.97	1.02	1.17	1.13	0.93	0.86	1.3	0.88	1.6	2.81	2.57	2.77
Operating Income per Share	0.43	0.53	0.67	0.82	0.88	1	0.94	0.71	0.86	1.22	0.88	1.59	2.8	2.57	1.87
Basic EPS, GAAP	0.25	0.33	0.45	0.54	0.56	0.67	0.68	0.54	0.69	1.01	0.75	1.26	2.19	2.07	1.32
Basic EPS from Cont Ops	0.25	0.33	0.45	0.54	0.56	0.67	0.68	0.54	0.69	1.01	0.75	1.26	2.19	2.07	1.32
Diluted EPS, GAAP	0.25	0.33	0.45	0.53	0.56	0.67	0.68	0.54	0.68	0.99	0.73	1.24	2.13	2.02	1.29
Diluted EPS from Cont Ops	0.25	0.33	0.45	0.53	0.56	0.67	0.68	0.54	0.68	0.99	0.73	1.24	2.13	2.02	1.29
Dividend per Share	0.11	0.11	0.09	0.12	0.15	0.16	0.17	0.21	0.21	0.25	0.25	0.29	0.33	0.32	0.4
Cash Flow per Share	0.48	0.62	0.65	0.65	0.68	0.81	0.74	0.7	0.96	1.32	0.39	0.33	1.39	1.59	0.01
Free Cash Flow per Basic Share	0.48	0.62	0.65	0.65	0.68	0.81	0.74	0.7	0.96	1.32	0.39	0.05	1.32	1.38	-0.17
Cash & Equivalents per Share	- -	0.11	0.44	0.49	0.38	0.55	0.39	0.03	0.34	1.01	0.04	0.07	- -	- -	- -
Book Value per Share	1.47	1.67	1.99	2.15	2.25	2.61	3.02	3.2	3.71	4.48	5.92	7	9.02	10.13	10.96
Tangible Book Value per Share	1.47	1.67	1.99	2.15	2.25	2.61	3.02	3.15	3.67	4.44	3.94	5.17	7.18	8.16	8.93