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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Aaon (AAON) Debt to Equity (2019 - 2025)

Aaon's Debt to Equity history spans 9 years, with the latest figure at $0.45 for Q4 2025.

  • For Q4 2025, Debt to Equity rose 136.93% year-over-year to $0.45; the TTM value through Dec 2025 reached $0.45, up 136.93%, while the annual FY2025 figure was $0.45, 136.93% up from the prior year.
  • Debt to Equity for Q4 2025 was $0.45 at Aaon, up from $0.42 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.45 in Q4 2025 and bottomed at $0.02 in Q3 2021.
  • The 5-year median for Debt to Equity is $0.13 (2022), against an average of $0.16.
  • The largest annual shift saw Debt to Equity surged 1202.2% in 2022 before it crashed 58.83% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $0.09 in 2021, then surged by 47.58% to $0.13 in 2022, then plummeted by 58.83% to $0.05 in 2023, then skyrocketed by 260.33% to $0.19 in 2024, then surged by 136.93% to $0.45 in 2025.
  • Per Business Quant, the three most recent readings for AAON's Debt to Equity are $0.45 (Q4 2025), $0.42 (Q3 2025), and $0.38 (Q2 2025).