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Aaon AAON Product — Cost of Goods Sold

Discontinued — last reported Q1 '19

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Other financials

Income statement

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Revenue$496.9M+54.3%
Gross profit$125.0M+44.7%
Operating income$57.1M+62.5%
Net income$39.8M+35.9%
EPS (diluted)$0.48+37.1%

Balance sheet

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Cash & equivalents$13.0K-98.7%
Total debt$3.4M-81.8%
Total assets$1.8B+37.6%

Cash flow

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Operating cash flow$34.0M+469%
CapEx$45.1M-3.4%
Free cash flow-$11.1M+80.1%

Valuation

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Market cap$11.2B+5.8%
Enterprise value$11.2B+5.6%
P/E94.8×+28.2×
P/S6.9×-1.5×

Profitability

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Gross margin26.2%-4.8pp
Operating margin10.4%-5.2pp
Net margin7.3%-5.3pp
FCF margin-9%-0.3pp

Returns & leverage

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Current ratio2.6×-0.1×

Where this comes from

Reported directly by Aaon in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Aaon’s 10-Q, filed May 2, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does product — cost of goods sold mean?
The total direct expenses incurred to manufacture and deliver the company's heating and cooling products.
How do you interpret product — cost of goods sold?
An increase relative to revenue suggests rising input costs or manufacturing inefficiencies, while a decrease indicates improved production margins or lower material costs.
How does product — cost of goods sold compare across companies?
Comparable to Cost of Goods Sold (COGS) in other industrial manufacturing firms, specifically those in the HVAC or heavy equipment sectors.