Growth Metrics

Aaon (AAON) Free Cash Flow (2010 - 2025)

Aaon recorded quarterly Free Cash Flow of -$43.2 million in Q4 2025, down 29.68% quarter-over-quarter from -$33.3 million in Q3 2025, and up 54.76% year-over-year from -$27.9 million in Q4 2024.

Aaon's Free Cash Flow history runs 16 years deep, the most recent figure standing at -$43.2 million for Q4 2025.

  • In Q4 2025, Free Cash Flow rose 54.76% year-over-year to -$43.2 million; the TTM figure through Dec 2025 stood at -$190.0 million (down 5975.1% YoY), while the FY2025 annual figure was -$190.0 million, down 5975.1% from the prior year.
  • Free Cash Flow came in at -$43.2 million for Q4 2025 at Aaon, down from -$33.3 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $57.7 million in Q1 2024 to a low of -$95.4 million in Q4 2024.
  • A 5-year average of -$4.6 million and a median of $3.6 million in 2021 frame the typical range for Free Cash Flow.
  • Across the five-year window, Free Cash Flow soared 1846.11% in 2022 and tumbled 1288.24% in 2025, its largest moves.
  • Aaon's Free Cash Flow stood at $29.1 million in 2021, then slumped by 224.06% to -$36.1 million in 2022, then soared by 184.04% to $30.4 million in 2023, then tumbled by 414.42% to -$95.4 million in 2024, then surged 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Trane Technologies 99.95 Bn 98.89 Bn 1.73 Bn 546.50 Mn
2 Johnson Controls International 84.54 Bn 84.01 Bn 2.07 Bn 531.00 Mn
3 Carrier Global 52.72 Bn 51.70 Bn 4.82 Bn -28.00 Mn
4 Lennox International 16.87 Bn 16.82 Bn 351.30 Mn -39.40 Mn
5 Masco 13.72 Bn 13.60 Bn 686.00 Mn -113.00 Mn
6 Carlisle Companies 13.62 Bn 12.85 Bn 363.20 Mn -73.00 Mn
7 Aaon 10.97 Bn 10.97 Bn 109.77 Mn -43.18 Mn
8 SPX Technologies 10.37 Bn 10.22 Bn 230.60 Mn 11.30 Mn
9 Advanced Drainage Systems 10.34 Bn 10.19 Bn 237.66 Mn -13.11 Mn
10 Owens Corning 9.48 Bn 9.24 Bn 510.00 Mn -387.00 Mn

Historic Data

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DateValue
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
Jun 30, 2023 23.42 Mn
Jun 30, 2023 23.42 Mn
Mar 31, 2023 -24.11 Mn
Mar 31, 2023 -24.11 Mn
Dec 31, 2022 -36.12 Mn
Dec 31, 2022 -36.12 Mn
Sep 30, 2022 44.99 Mn
Sep 30, 2022 44.99 Mn
Jun 30, 2022 -2.75 Mn
Jun 30, 2022 -2.75 Mn
Mar 31, 2022 -20.83 Mn
Mar 31, 2022 -20.83 Mn
Dec 31, 2021 29.12 Mn
Dec 31, 2021 29.12 Mn
Sep 30, 2021 2.31 Mn
Sep 30, 2021 2.31 Mn
Jun 30, 2021 17.32 Mn
Jun 30, 2021 17.32 Mn
Mar 31, 2021 12.43 Mn
Mar 31, 2021 12.43 Mn
Dec 31, 2020 12.97 Mn
Dec 31, 2020 12.97 Mn
Sep 30, 2020 18.79 Mn
Sep 30, 2020 18.79 Mn
Jun 30, 2020 13.53 Mn
Jun 30, 2020 13.53 Mn
Mar 31, 2020 15.72 Mn
Mar 31, 2020 15.72 Mn
Dec 31, 2019 21.01 Mn
Dec 31, 2019 21.01 Mn
Sep 30, 2019 20.66 Mn
Sep 30, 2019 20.66 Mn
Jun 30, 2019 12.95 Mn
Jun 30, 2019 12.95 Mn
Mar 31, 2019 6.14 Mn
Mar 31, 2019 6.14 Mn
Dec 31, 2018 7.72 Mn
Dec 31, 2018 7.72 Mn
Sep 30, 2018 -457,000.00
Sep 30, 2018 -457,000.00
Jun 30, 2018 8.03 Mn
Jun 30, 2018 8.03 Mn
Mar 31, 2018 2.29 Mn
Mar 31, 2018 2.29 Mn
Dec 31, 2017 852,000.00
Dec 31, 2017 852,000.00
Sep 30, 2017 -1.48 Mn
Sep 30, 2017 -1.48 Mn
Jun 30, 2017 12.82 Mn
Jun 30, 2017 12.82 Mn
Mar 31, 2017 4.10 Mn
Mar 31, 2017 4.10 Mn
Dec 31, 2016 13.94 Mn
Dec 31, 2016 13.94 Mn
Sep 30, 2016 9.60 Mn
Sep 30, 2016 9.60 Mn
Jun 30, 2016 5.12 Mn
Jun 30, 2016 5.12 Mn
Mar 31, 2016 8.66 Mn
Mar 31, 2016 8.66 Mn
Dec 31, 2015 8.76 Mn
Dec 31, 2015 8.76 Mn
Sep 30, 2015 22.94 Mn
Sep 30, 2015 22.94 Mn
Jun 30, 2015 1.94 Mn
Jun 30, 2015 1.94 Mn
Mar 31, 2015 748,000.00
Mar 31, 2015 748,000.00
Dec 31, 2014 11.81 Mn
Dec 31, 2014 11.81 Mn
Sep 30, 2014 13.98 Mn
Sep 30, 2014 13.98 Mn
Jun 30, 2014 6.15 Mn
Jun 30, 2014 6.15 Mn
Mar 31, 2014 5.45 Mn
Mar 31, 2014 5.45 Mn
Dec 31, 2013 12.12 Mn
Dec 31, 2013 12.12 Mn
Sep 30, 2013 6.65 Mn
Sep 30, 2013 6.65 Mn
Jun 30, 2013 18.30 Mn
Jun 30, 2013 18.30 Mn
Mar 31, 2013 7.49 Mn
Mar 31, 2013 7.49 Mn
Dec 31, 2012 11.19 Mn
Dec 31, 2012 11.19 Mn
Sep 30, 2012 14.35 Mn
Sep 30, 2012 14.35 Mn
Jun 30, 2012 2.87 Mn
Jun 30, 2012 2.87 Mn
Mar 31, 2012 8.61 Mn
Mar 31, 2012 8.61 Mn
Dec 31, 2011 9.93 Mn
Dec 31, 2011 9.93 Mn
Sep 30, 2011 -4.63 Mn
Sep 30, 2011 -4.63 Mn
Jun 30, 2011 -5.88 Mn
Jun 30, 2011 -5.88 Mn
Mar 31, 2011 -8.86 Mn
Mar 31, 2011 -8.86 Mn
Dec 31, 2010 4.06 Mn
Dec 31, 2010 4.06 Mn
Sep 30, 2010 -5.31 Mn
Sep 30, 2010 -5.31 Mn