Aaon (AAON) Invested Capital (2010 - 2025)

Aaon's Invested Capital history runs 16 years deep, the most recent figure standing at $895.0 million for Q4 2025.

• In Q4 2025, Invested Capital rose 6.47% year-over-year to $895.0 million; the TTM figure through Dec 2025 stood at $895.0 million (up 6.47% YoY), while the FY2025 annual figure was $895.0 million, up 6.47% from the prior year.
• Invested Capital came in at $895.0 million for Q4 2025 at Aaon, up from $863.1 million in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $895.0 million in Q4 2025 to a low of $373.0 million in Q1 2021.
• A 5-year average of $647.6 million and a median of $671.3 million in 2023 frame the typical range for Invested Capital.
• Across the five-year window, Invested Capital jumped 34.58% in 2023 and gained 5.99% in 2025, its largest moves.
• Aaon's Invested Capital stood at $466.2 million in 2021, then increased by 20.28% to $560.7 million in 2022, then soared by 31.12% to $735.2 million in 2023, then gained by 14.33% to $840.6 million in 2024, then gained by 6.47% to $895.0 million in 2025.
• According to Business Quant data, Invested Capital over the past three periods registered $895.0 million, $863.1 million, and $832.7 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

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