Aaon (AAON) Equity Ratio (2010 - 2025)

Aaon's (AAON) quarterly Equity Ratio came in at 0.53 in Q4 2025, down 24.37% year-on-year from 0.7 in Q4 2024, and down 5.68% quarter-over-quarter from 0.56 in Q3 2025.

Aaon (AAON) Equity Ratio (2010 - 2025) Analysis & Trends

Aaon has disclosed Equity Ratio across 16 years of filings, most recently posting 0.53 for Q4 2025.

  • Equity Ratio for Q4 2025 came in at 0.53, down 24.37% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.53 (down 24.37% YoY), and the FY2025 annual result was 0.53, down 24.37% from the prior year.
  • Equity Ratio came in at 0.53 for Q4 2025 at Aaon, down from 0.56 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.82 in Q1 2024 to a low of 0.53 in Q4 2025.
  • The 5-year median for Equity Ratio is 0.71 (2023), against an average of 0.7.
  • Across the five-year window, Equity Ratio gained 17.29% in 2024 and declined 27.23% in 2025, its largest moves.
  • Aaon's Equity Ratio stood at 0.72 in 2021, then fell by 3.91% to 0.69 in 2022, then rose by 13.36% to 0.78 in 2023, then slipped by 10.16% to 0.7 in 2024, then declined by 24.37% to 0.53 in 2025.
  • The last three Equity Ratio figures came in at 0.53 (Q4 2025), 0.56 (Q3 2025), and 0.6 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn 0.38
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn 0.35
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn 0.37
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 0.28
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn -0.05
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 0.28
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 0.59
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn 0.41
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn 0.53
10 Owens Corning 10.30 Bn 10.07 Bn 510.00 Mn 0.28

Historic Data

Download Data
DateValue
Dec 31, 2025 0.53
Sep 30, 2025 0.56
Jun 30, 2025 0.60
Mar 31, 2025 0.63
Dec 31, 2024 0.70
Sep 30, 2024 0.77
Jun 30, 2024 0.73
Mar 31, 2024 0.82
Dec 31, 2023 0.78
Sep 30, 2023 0.72
Jun 30, 2023 0.71
Mar 31, 2023 0.70
Dec 31, 2022 0.69
Sep 30, 2022 0.67
Jun 30, 2022 0.63
Mar 31, 2022 0.67
Dec 31, 2021 0.72
Sep 30, 2021 0.78
Jun 30, 2021 0.76
Mar 31, 2021 0.77