Aaon AAON
NASDAQ AAON
$84.33 +2.06 (+2.50%)
As of: Oct 2, 2026 · 10:42 AM EDT

Aaon (AAON) Debt Ratio (2011 - 2026)

Updated

Aaon's (AAON) Debt Ratio stood at 0.23 in Q2 2026, up 2.9% from 0.23 a year earlier but down 1.7% from the prior quarter.

Analysis

Aaon (AAON) Debt Ratio (2011 - 2026) Analysis & Trends

For FY2025, Aaon's Debt Ratio came in at 0.24, up 79.2% from FY2024.

  • Across earlier years, Debt Ratio came in at 0.13 in FY2024 (+223.7%), 0.04 in FY2023 (-53.3%), 0.09 in FY2022 (+41.8%) and 0.06 in FY2021.
  • Quarterly Debt Ratio has ranged from 0.01 in Q3 2021 to 0.24 in Q1 2026 over the past five years.
  • On a year-over-year basis, Debt Ratio has increased for five consecutive quarters, with growth averaging 113.5% over the last seven quarters.
  • Peak year-over-year performance for Debt Ratio in the last five years was growth of 980.5% in Q2 2022, against a decline of 53.3% in Q4 2023 at the low end.
  • Per Business Quant, the preceding three quarters came in at 0.24 (Q1 2026), 0.24 (Q4 2025) and 0.23 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Trane Technologies 99.46 Bn 94.20 Bn 2.26 Bn 0.19
2 Johnson Controls International 90.06 Bn 87.82 Bn 2.47 Bn 0.24
3 Comfort Systems Usa 58.26 Bn 53.51 Bn 844.23 Mn 0.01
4 Carrier Global 45.22 Bn 39.85 Bn 1.94 Bn 0.32
5 Otis Worldwide 24.48 Bn 21.09 Bn 1.14 Bn 0.76
6 James Hardie Industries 14.69 Bn 13.43 Bn 548.70 Mn 0.32
7 Masco 13.29 Bn 11.40 Bn 868.00 Mn 0.60
8 Allegion 13.08 Bn 11.79 Bn 517.50 Mn 0.38
9 Carlisle Companies 12.82 Bn 9.17 Bn 568.40 Mn 0.46
10 Aaon 6.82 Bn 6.82 Bn 152.49 Mn 0.23
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.23
Mar 31, 2026 0.24
Dec 31, 2025 0.24
Sep 30, 2025 0.23
Jun 30, 2025 0.23
Mar 31, 2025 0.19
Dec 31, 2024 0.13
Sep 30, 2024 0.05
Jun 30, 2024 0.08
Dec 31, 2023 0.04
Sep 30, 2023 0.08
Jun 30, 2023 0.08
Mar 31, 2023 0.10
Dec 31, 2022 0.09
Sep 30, 2022 0.10
Jun 30, 2022 0.14
Mar 31, 2022 0.09
Dec 31, 2021 0.06
Sep 30, 2021 0.01
Jun 30, 2021 0.01
API Access

Aaon Debt Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=debt-ratio&ticker=AAON&period=max&api_key=YOUR_API_KEY