Aaon (AAON) Capital Expenditures (2010 - 2025)
Aaon (AAON) posted Capital Expenditures of $62.5 million for Q4 2025, up 37.2% sequentially from $45.6 million in Q3 2025, and down 35.1% YoY from $96.3 million in Q4 2024.
Aaon (AAON) Capital Expenditures (2010 - 2025) Analysis & Trends
Aaon has reported Capital Expenditures for 16 years, with the latest figure at $62.5 million in Q4 2025.
- Quarterly Capital Expenditures fell 35.1% year-over-year to $62.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $190.6 million (down 2.61% YoY) and the FY2025 annual result came in at $190.6 million, down 2.61% from the prior year.
- Capital Expenditures advanced to $62.5 million in Q4 2025 per AAON's latest filing, from $45.6 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $96.3 million in Q4 2024 and troughed at -$33.2 million in Q3 2021.
- A 5-year average of $31.1 million and a median of $31.2 million in 2023 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2021 and 2024: Capital Expenditures slumped 314.68% in 2021, then surged 350.07% in 2024.
- Over 5 years, Capital Expenditures stood at $55.4 million in 2021, then plunged by 37.79% to $34.4 million in 2022, then sank by 37.88% to $21.4 million in 2023, then jumped by 350.07% to $96.3 million in 2024, then plunged by 35.1% to $62.5 million in 2025.
- According to Business Quant data, Capital Expenditures over the past three periods registered $62.5 million, $45.6 million, and $35.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.53 Bn | 99.22 Bn | 2.26 Bn | 76.40 Mn |
| 2 | Johnson Controls International | 87.25 Bn | 86.61 Bn | 2.47 Bn | - |
| 3 | Carrier Global | 49.84 Bn | 48.50 Bn | 1.94 Bn | 117.00 Mn |
| 4 | Carlisle Companies | 14.73 Bn | 14.07 Bn | 568.40 Mn | 41.70 Mn |
| 5 | Masco | 14.60 Bn | 14.05 Bn | 868.00 Mn | 43.00 Mn |
| 6 | Lennox International | 13.98 Bn | 13.93 Bn | 539.50 Mn | 35.70 Mn |
| 7 | Owens Corning | 11.88 Bn | 11.61 Bn | 793.00 Mn | 199.00 Mn |
| 8 | Advanced Drainage Systems | 10.94 Bn | 10.78 Bn | 408.05 Mn | 57.15 Mn |
| 9 | SPX Technologies | 10.29 Bn | 10.12 Bn | 272.80 Mn | 21.10 Mn |
| 10 | Aaon | 6.53 Bn | 6.53 Bn | 152.49 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 |