Aaon (AAON) Net Margin (2010 - 2026)

Aaon (AAON) posted Net Margin of 7.55% for Q4 2025, down 5.75% sequentially from 8.01% in Q3 2025, and down 74.0% YoY from 29.04% in Q4 2024.

Aaon (AAON) Net Margin (2010 - 2026) Analysis & Trends

Aaon has reported Net Margin for 16 years, with the latest figure at 7.55% in Q4 2025.

Quarterly Net Margin fell 74.0% year-over-year to 7.55% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 7.46% (down 658.0% YoY) and the FY2025 annual result came in at 7.46%, down 658.0% from the prior year.
Net Margin eased to 7.55% in Q4 2025 per AAON's latest filing, from 8.01% in the prior quarter.
Over five years, Net Margin peaked at 16.66% in Q2 2024 and troughed at 4.54% in Q4 2021.
A 5-year average of 11.73% and a median of 12.58% in 2023 frame the typical range for Net Margin.
The sharpest annual moves came in 2022 and 2025: Net Margin jumped 1074 bps in 2022, then plunged 1169 bps in 2025.
Over 5 years, Net Margin stood at 4.54% in 2021, then jumped by 237 bps to 15.28% in 2022, then grew by 0 bps to 15.34% in 2023, then sank by 46 bps to 8.29% in 2024, then retreated by 9 bps to 7.55% in 2025.
According to Business Quant data, Net Margin over the past three periods registered 7.55%, 8.01%, and 4.97% for Q4 2025, Q3 2025, and Q2 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Net Margin (Qtr)
1	Trane Technologies	100.73 Bn	99.42 Bn	2.26 Bn	14.72%
2	Johnson Controls International	88.02 Bn	87.38 Bn	2.47 Bn	11.37%
3	Carrier Global	50.15 Bn	48.81 Bn	1.94 Bn	7.89%
4	Carlisle Companies	14.77 Bn	14.10 Bn	568.40 Mn	16.25%
5	Masco	14.66 Bn	14.11 Bn	868.00 Mn	16.72%
6	Lennox International	14.12 Bn	14.07 Bn	539.50 Mn	17.41%
7	Owens Corning	11.98 Bn	11.70 Bn	793.00 Mn	8.24%
8	Advanced Drainage Systems	10.95 Bn	10.79 Bn	408.05 Mn	16.94%
9	SPX Technologies	10.27 Bn	10.10 Bn	272.80 Mn	11.55%
10	Aaon	6.50 Bn	6.50 Bn	152.49 Mn	9.04%

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