AAON designs and manufactures heating, ventilation, and air conditioning equipment for commercial and industrial applications across North America. The company produces rooftop units, air handling systems, data center cooling solutions, chillers, heat pumps, coils, and related controls. Its products serve retail, manufacturing, educational, lodging, supermarket, data center, medical, and pharmaceutical sectors. Distribution occurs through a combination of independent manufacturer representatives and internal sales personnel, supplemented by direct online channels.
The company operates three business segments. AAON Oklahoma manufactures rooftop units and related equipment, while AAON Coil Products produces coils and heat transfer components. The BASX segment focuses on packaged outdoor mechanical rooms and integrated HVAC solutions. This segmented structure allows the company to address different customer requirements and market niches within the broader commercial HVAC sector.
With approximately 4,812 full-time employees, AAON operates manufacturing facilities and sales operations across the United States and Canada. The company was incorporated in Nevada in 1987 and maintains its headquarters in Tulsa, Oklahoma. Its business model emphasizes direct relationships with commercial contractors, building owners, and facility managers who specify or purchase HVAC equipment for new construction and retrofit applications.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $2.02 | $2.07 | -5.2% | |
| 2023 | $2.13 | $2.19 | +14.5% | |
| 2022 | $1.86 | $1.89 | +70.6% | |
| 2021 | $1.09 | $1.12 | +211.4% | |
| 2020 | $0.35 | $0.36 | +6.1% | |
| 2019 | $0.33 | $0.33 | +37.5% | |
| 2018 | $0.24 | $0.24 | -20.0% | |
| 2017 | $0.30 | $0.30 | +42.9% | |
| 2016 | $0.21 | $0.22 | -12.5% | |
| 2015 | $0.24 | $0.24 | +26.3% | |
| 2014 | $0.19 | $0.19 | -9.5% | |
| 2013 | $0.21 | $0.21 | -32.3% | |
| 2012 | $0.31 | $0.31 | -44.6% | |
| 2011 | $0.56 | $0.57 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2024-12-31 | 2025-02-27 | 0000824142-25-000039 | SEC ↗ |
| 2023-12-31 | 2024-02-28 | 0000824142-24-000030 | SEC ↗ |
| 2022-12-31 | 2023-02-27 | 0000824142-23-000019 | SEC ↗ |
| 2021-12-31 | 2022-02-28 | 0000824142-22-000034 | SEC ↗ |
| 2020-12-31 | 2021-02-25 | 0000824142-21-000030 | SEC ↗ |
| 2019-12-31 | 2020-02-27 | 0000824142-20-000025 | SEC ↗ |
| 2018-12-31 | 2019-02-28 | 0000824142-19-000040 | SEC ↗ |
| 2017-12-31 | 2018-02-27 | 0000824142-18-000021 | SEC ↗ |
| 2016-12-31 | 2017-02-23 | 0000824142-17-000034 | SEC ↗ |
| 2015-12-31 | 2016-02-25 | 0000824142-16-000118 | SEC ↗ |
| 2014-12-31 | 2015-02-27 | 0000824142-15-000014 | SEC ↗ |