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Aaon AAON CapEx

CapEx at other companies

Johnson Controls International logo
Johnson Controls InternationalJCI
$68M-27.7%
Lennox International logo
Lennox InternationalLII
$55.5M+118%
Trane Technologies logo
Trane TechnologiesTT
$79.7M-33.0%
Carrier Global logo
Carrier GlobalCARR
$94M+49.2%
SPX Technologies logo
SPX TechnologiesSPXC
$18.5M+236%
Vertiv Holdings Co logo
Vertiv Holdings CoVRT
$112.6M+208%

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%
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:PaymentsToAcquireMachineryAndEquipment.

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 capex?
Aaon (AAON) reported capex of $45.13M in Q1 2026.
How has Aaon's capex changed year-over-year?
Aaon's capex decreased by 3.4% year-over-year, from $46.72M to $45.13M.
What is the long-term trend for Aaon's capex?
Over 4 years (2021 to 2025), Aaon's capex has grown at a 36.2% compound annual growth rate (CAGR), from $55.36M to $190.56M.
What does capex mean?
Cash spent on buying or upgrading long-term assets like factories and equipment.
How do you interpret capex?
High levels indicate growth investment, while low levels may suggest a focus on cash preservation or a lack of expansion opportunities.
How does capex compare across companies?
Essential for comparing capital intensity across industrial and manufacturing peers.