Aaon (AAON) Net Margin (2010 - 2025)
Aaon's (AAON) quarterly Net Margin came in at 7.55% in Q4 2025, down 74.0% year-on-year from 29.04% in Q4 2024, and down 5.75% quarter-over-quarter from 8.01% in Q3 2025.
Aaon (AAON) Net Margin (2010 - 2025) Analysis & Trends
Aaon has disclosed Net Margin across 16 years of filings, most recently posting 7.55% for Q4 2025.
- Net Margin for Q4 2025 came in at 7.55%, down 74.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 7.46% (down 658.0% YoY), and the FY2025 annual result was 7.46%, down 658.0% from the prior year.
- Net Margin came in at 7.55% for Q4 2025 at Aaon, down from 8.01% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 16.66% in Q2 2024 to a low of 4.54% in Q4 2021.
- The 5-year median for Net Margin is 12.58% (2023), against an average of 11.73%.
- Across the five-year window, Net Margin surged 1074 bps in 2022 and plunged 1169 bps in 2025, its largest moves.
- Aaon's Net Margin stood at 4.54% in 2021, then surged by 237 bps to 15.28% in 2022, then advanced by 0 bps to 15.34% in 2023, then sank by 46 bps to 8.29% in 2024, then declined by 9 bps to 7.55% in 2025.
- The last three Net Margin figures came in at 7.55% (Q4 2025), 8.01% (Q3 2025), and 4.97% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | -0.20% |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | -1.04% |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 4.47% |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 10.33% |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 11.89% |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | - |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | -0.79% |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 1.55% |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 7.55% |
| 10 | Owens Corning | 10.30 Bn | 10.07 Bn | 510.00 Mn | -6.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 7.55% |
| Sep 30, 2025 | 8.01% |
| Jun 30, 2025 | 4.97% |
| Mar 31, 2025 | 9.10% |
| Dec 31, 2024 | 8.29% |
| Sep 30, 2024 | 16.08% |
| Jun 30, 2024 | 16.66% |
| Mar 31, 2024 | 14.89% |
| Dec 31, 2023 | 15.34% |
| Sep 30, 2023 | 15.41% |
| Jun 30, 2023 | 16.09% |
| Mar 31, 2023 | 13.84% |
| Dec 31, 2022 | 15.28% |
| Sep 30, 2022 | 11.32% |
| Jun 30, 2022 | 7.64% |
| Mar 31, 2022 | 9.88% |
| Dec 31, 2021 | 4.54% |
| Sep 30, 2021 | 11.24% |
| Jun 30, 2021 | 14.33% |
| Mar 31, 2021 | 14.14% |