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Aaon AAON Inventories

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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:InventoryNet.

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 inventories?
Aaon (AAON) reported inventories of $313.2M in Q1 2026.
How has Aaon's inventories changed year-over-year?
Aaon's inventories increased by 57.5% year-over-year, from $198.85M to $313.2M.
What is the long-term trend for Aaon's inventories?
Over 5 years (2020 to 2025), Aaon's inventories has grown at a 26.0% compound annual growth rate (CAGR), from $82.22M to $261.15M.
What does inventories mean?
The total value of all raw materials and finished products currently held by the company.
How do you interpret inventories?
An increase may signal anticipated growth or supply chain stockpiling, while a decrease might indicate strong sales or potential supply shortages.
How does inventories compare across companies?
Benchmarked via inventory turnover ratios; peers in HVAC manufacturing aim to minimize holding costs while ensuring lead times are met.