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Aaon AAON Asset turnover

Asset turnover at other companies

Johnson Controls International logo
Johnson Controls InternationalJCI
0.6×+0.1×
Lennox International logo
Lennox InternationalLII
1.4×-0.3×
Trane Technologies logo
Trane TechnologiesTT
0.0×
Carrier Global logo
Carrier GlobalCARR
0.6×0.0×
SPX Technologies logo
SPX TechnologiesSPXC
0.7×0.0×
Vertiv Holdings Co logo
Vertiv Holdings CoVRT
0.9×0.0×

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

Calculated from Aaon’s reported figures.

Based on trailing twelve months.

The official record: Aaon’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aaon's asset turnover?
Aaon (AAON) reported asset turnover of 1× in Q1 2026.
How has Aaon's asset turnover changed year-over-year?
Aaon's asset turnover decreased by 6.5% year-over-year, from 1.1× to 1×.
What is the long-term trend for Aaon's asset turnover?
Over 5 years (2020 to 2025), Aaon's asset turnover has grown at a -4.3% compound annual growth rate (CAGR), from 1.3× to 1×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.