Aaon (AAON) Debt Ratio (2009 - 2026)
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.
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Analysis
Aaon (AAON) Debt Ratio (2009 - 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 | 92.12 Bn | 86.76 Bn | 2.38 Bn | 0.18 |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | - |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | 0.34 |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 0.01 |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 0.73 |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 0.30 |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 0.61 |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 0.37 |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 0.48 |
| 10 | Aaon | 6.19 Bn | 6.19 Bn | 188.54 Mn | 0.20 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.20 |
| 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 |
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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "AAON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=AAON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();