Aaon AAON
NASDAQ AAON
$79.79 +3.27 (+4.27%)
At close: Sep 11, 2026 · 4:00 PM EDT

Aaon (AAON) Invested Capital (2011 - 2026)

Aaon's (AAON) quarterly Invested Capital came in at $1.4 billion in Q2 2026, up 25.69% year-over-year from $1.2 billion in Q2 2025, and up 6.33% quarter-over-quarter from $1.4 billion in Q1 2026.

Analysis

Aaon (AAON) Invested Capital (2011 - 2026) Analysis & Trends

Aaon has disclosed Invested Capital across 16 years of filings, most recently posting $1.4 billion for Q2 2026.

  • In Q2 2026, Invested Capital rose 25.69% year-over-year to $1.4 billion; the TTM figure through Jun 2026 stood at $1.4 billion (up 25.69% YoY), while the FY2025 annual figure was $1.3 billion, up 32.04% from the prior year.
  • Invested Capital came in at $1.4 billion for Q2 2026 at Aaon, up from $1.4 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $1.4 billion in Q2 2026 to a low of $545.2 million in Q1 2022.
  • Average Invested Capital over 5 years is $906.8 million, with a median of $805.6 million recorded in 2024.
  • Year-over-year, Invested Capital jumped 52.97% in 2022 and increased 11.88% in 2024.
  • Over 5 years, Invested Capital stood at $631.7 million in 2022, then grew by 22.45% to $773.6 million in 2023, then increased by 26.62% to $979.5 million in 2024, then soared by 32.04% to $1.3 billion in 2025, then advanced by 11.76% to $1.4 billion in 2026.
  • Per Business Quant data, the three most recent Invested Capital figures were $1.4 billion in Q2 2026, $1.4 billion in Q1 2026, and $1.3 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Trane Technologies 97.32 Bn 96.02 Bn 2.26 Bn 13.26 Bn
2 Johnson Controls International 88.44 Bn 87.84 Bn 2.47 Bn 23.54 Bn
3 Comfort Systems Usa 59.52 Bn 57.67 Bn 844.23 Mn 3.27 Bn
4 Carrier Global 47.35 Bn 46.33 Bn 1.94 Bn 25.42 Bn
5 Lennox International 12.64 Bn 12.59 Bn 539.50 Mn 2.88 Bn
6 Modine Manufacturing 9.98 Bn 9.92 Bn - 1.64 Bn
7 SPX Technologies 9.61 Bn 9.44 Bn 272.80 Mn 3.03 Bn
8 Smith A O 7.80 Bn 7.62 Bn 387.80 Mn 2.48 Bn
9 Aaon 6.58 Bn 6.58 Bn 152.49 Mn 1.45 Bn
10 Legence 6.12 Bn 6.21 Bn 220.23 Mn 2.01 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.45 Bn
Mar 31, 2026 1.36 Bn
Dec 31, 2025 1.29 Bn
Sep 30, 2025 1.22 Bn
Jun 30, 2025 1.15 Bn
Mar 31, 2025 1.07 Bn
Dec 31, 2024 979.47 Mn
Sep 30, 2024 852.56 Mn
Jun 30, 2024 826.40 Mn
Mar 31, 2024 784.81 Mn
Dec 31, 2023 773.55 Mn
Sep 30, 2023 760.90 Mn
Jun 30, 2023 738.65 Mn
Mar 31, 2023 693.11 Mn
Dec 31, 2022 631.72 Mn
Sep 30, 2022 600.16 Mn
Jun 30, 2022 596.76 Mn
Mar 31, 2022 545.16 Mn
Dec 31, 2021 506.17 Mn
Sep 30, 2021 406.67 Mn