Aaon (AAON) Capital Expenditures (2010 - 2025)
Aaon's (AAON) quarterly Capital Expenditures came in at $62.5 million in Q4 2025, down 35.1% year-on-year from $96.3 million in Q4 2024, and up 37.2% quarter-over-quarter from $45.6 million in Q3 2025.
Aaon (AAON) Capital Expenditures (2010 - 2025) Analysis & Trends
Aaon has disclosed Capital Expenditures across 16 years of filings, most recently posting $62.5 million for Q4 2025.
- Capital Expenditures for Q4 2025 came in at $62.5 million, down 35.1% year-over-year; the trailing twelve-month figure through Dec 2025 was $190.6 million (down 2.61% YoY), and the FY2025 annual result was $190.6 million, down 2.61% from the prior year.
- Capital Expenditures came in at $62.5 million for Q4 2025 at Aaon, up from $45.6 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $96.3 million in Q4 2024 to a low of -$42.6 million in Q4 2021.
- The 5-year median for Capital Expenditures is $30.7 million (2024), against an average of $29.8 million.
- Across the five-year window, Capital Expenditures slumped 326.22% in 2021 and soared 350.07% in 2024, its largest moves.
- Aaon's Capital Expenditures stood at -$42.6 million in 2021, then soared by 226.71% to $54.0 million in 2022, then sank by 60.4% to $21.4 million in 2023, then surged by 350.07% to $96.3 million in 2024, then plunged by 35.1% to $62.5 million in 2025.
- The last three Capital Expenditures figures came in at $62.5 million (Q4 2025), $45.6 million (Q3 2025), and $35.8 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 79.70 Mn |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 80.00 Mn |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 94.00 Mn |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 55.50 Mn |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 34.00 Mn |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 28.30 Mn |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 18.50 Mn |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 53.03 Mn |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 62.50 Mn |
| 10 | Owens Corning | 10.30 Bn | 10.07 Bn | 510.00 Mn | 233.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 62.50 Mn |
| Dec 31, 2025 | 62.50 Mn |
| Sep 30, 2025 | 45.55 Mn |
| Sep 30, 2025 | 45.55 Mn |
| Jun 30, 2025 | 35.79 Mn |
| Jun 30, 2025 | 35.79 Mn |
| Mar 31, 2025 | 46.72 Mn |
| Mar 31, 2025 | 46.72 Mn |
| Dec 31, 2024 | 96.29 Mn |
| Dec 31, 2024 | 96.29 Mn |
| Sep 30, 2024 | 33.99 Mn |
| Sep 30, 2024 | 33.99 Mn |
| Jun 30, 2024 | 30.69 Mn |
| Jun 30, 2024 | 30.69 Mn |
| Mar 31, 2024 | 34.69 Mn |
| Mar 31, 2024 | 34.69 Mn |
| Dec 31, 2023 | 21.39 Mn |
| Dec 31, 2023 | 21.39 Mn |
| Sep 30, 2023 | 22.27 Mn |
| Sep 30, 2023 | 22.27 Mn |