Aaon (AAON) EBITDA Margin (2010 - 2026)
Aaon (AAON) recorded EBITDA Margin of 14.78% in Q2 2026, up 0.82 percentage points from 13.97% a year earlier but down 0.90 percentage points from the prior quarter.
Aaon (AAON) EBITDA Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Aaon's EBITDA Margin came in at 15.45% as of Jun 30, 2026, down 2.61 percentage points year-over-year; for FY2025, it came in at 15.63%, down 7.01 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of -9.14 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 22.64% in FY2024 (-0.80 pp), 23.45% in FY2023 (+5.23 pp), 18.21% in FY2022 (-0.42 pp) and 18.63% in FY2021 (-6.14 pp).
- Quarterly EBITDA Margin has ranged from 9.73% in Q4 2021 to 26.05% in Q2 2024 over the past five years.
- On a year-over-year basis, EBITDA Margin rose in two of the last eight quarters, with an average year-over-year change of -4.58 percentage points.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 12.30 percentage points in Q4 2022, against a drop of 18.02 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 15.69% (Q1 2026), 15.16% (Q4 2025) and 16.54% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 21.00% |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | 17.37% |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 18.41% |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 17.93% |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | 15.99% |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 26.21% |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | - |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 25.22% |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 25.55% |
| 10 | Aaon | 6.82 Bn | 6.82 Bn | 152.49 Mn | 14.78% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.78% |
| Mar 31, 2026 | 15.69% |
| Dec 31, 2025 | 15.16% |
| Sep 30, 2025 | 16.54% |
| Jun 30, 2025 | 13.97% |
| Mar 31, 2025 | 16.78% |
| Dec 31, 2024 | 15.78% |
| Sep 30, 2024 | 25.30% |
| Jun 30, 2024 | 26.05% |
| Mar 31, 2024 | 23.05% |
| Dec 31, 2023 | 25.08% |
| Sep 30, 2023 | 24.64% |
| Jun 30, 2023 | 23.14% |
| Mar 31, 2023 | 20.48% |
| Dec 31, 2022 | 22.03% |
| Sep 30, 2022 | 18.97% |
| Jun 30, 2022 | 14.21% |
| Mar 31, 2022 | 16.46% |
| Dec 31, 2021 | 9.73% |
| Sep 30, 2021 | 20.02% |
Aaon EBITDA Margin 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=ebitda-margin&ticker=AAON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=AAON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();