Aaon (AAON) Free Cash Flow (2010 - 2025)
Aaon (AAON) posted Free Cash Flow of -$43.2 million for Q4 2025, down 29.68% sequentially from -$33.3 million in Q3 2025, and up 54.76% YoY from -$27.9 million in Q4 2024.
Aaon (AAON) Free Cash Flow (2010 - 2025) Analysis & Trends
Aaon has reported Free Cash Flow for 16 years, with the latest figure at -$43.2 million in Q4 2025.
- Quarterly Free Cash Flow rose 54.76% year-over-year to -$43.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$190.0 million (down 5975.1% YoY) and the FY2025 annual result came in at -$190.0 million, down 5975.1% from the prior year.
- Free Cash Flow declined to -$43.2 million in Q4 2025 per AAON's latest filing, from -$33.3 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $57.7 million in Q1 2024 and troughed at -$95.4 million in Q4 2024.
- A 5-year average of -$7.4 million and a median of -$1.6 million in 2022 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2023 and 2025: Free Cash Flow soared 393.78% in 2023, then plunged 1288.24% in 2025.
- Over 5 years, Free Cash Flow stood at -$68.9 million in 2021, then jumped by 76.0% to -$16.5 million in 2022, then soared by 283.6% to $30.4 million in 2023, then plunged by 414.42% to -$95.4 million in 2024, then soared by 54.76% to -$43.2 million in 2025.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$43.2 million, -$33.3 million, and -$57.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.21 Bn | 98.89 Bn | 2.26 Bn | 1.02 Bn |
| 2 | Johnson Controls International | 87.02 Bn | 86.38 Bn | 2.47 Bn | - |
| 3 | Carrier Global | 50.08 Bn | 48.73 Bn | 1.94 Bn | 810.00 Mn |
| 4 | Carlisle Companies | 14.80 Bn | 14.14 Bn | 568.40 Mn | 200.10 Mn |
| 5 | Masco | 14.60 Bn | 14.06 Bn | 868.00 Mn | 453.00 Mn |
| 6 | Lennox International | 13.99 Bn | 13.94 Bn | 539.50 Mn | 136.30 Mn |
| 7 | Owens Corning | 11.96 Bn | 11.69 Bn | 793.00 Mn | 199.00 Mn |
| 8 | Advanced Drainage Systems | 11.02 Bn | 10.86 Bn | 408.05 Mn | 203.24 Mn |
| 9 | SPX Technologies | 10.33 Bn | 10.16 Bn | 272.80 Mn | 68.50 Mn |
| 10 | Aaon | 6.53 Bn | 6.53 Bn | 152.49 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -43.18 Mn |
| Dec 31, 2025 | -43.18 Mn |
| Sep 30, 2025 | -33.30 Mn |
| Sep 30, 2025 | -33.30 Mn |
| Jun 30, 2025 | -57.62 Mn |
| Jun 30, 2025 | -57.62 Mn |
| Mar 31, 2025 | -55.94 Mn |
| Mar 31, 2025 | -55.94 Mn |
| Dec 31, 2024 | -95.44 Mn |
| Dec 31, 2024 | -95.44 Mn |
| Sep 30, 2024 | 29.79 Mn |
| Sep 30, 2024 | 29.79 Mn |
| Jun 30, 2024 | 4.85 Mn |
| Jun 30, 2024 | 4.85 Mn |
| Mar 31, 2024 | 57.68 Mn |
| Mar 31, 2024 | 57.68 Mn |
| Dec 31, 2023 | 30.36 Mn |
| Dec 31, 2023 | 30.36 Mn |
| Sep 30, 2023 | 24.93 Mn |
| Sep 30, 2023 | 24.93 Mn |