Aaon (AAON) Net Margin (2009 - 2026)
Aaon's Net Margin was 9.04% in Q2 2026, up 4.07 percentage points from 4.97% a year earlier and up 1.02 percentage points from the prior quarter.
Aaon (AAON) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Aaon's Net Margin was 8.24% through Jun 30, 2026, down 1.46 percentage points year-over-year; for FY2025, it came in at 7.46%, down 6.58 percentage points from FY2024.
- Net Margin shows a five-year change of -7.89 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 14.04% in FY2024 (-1.16 pp), 15.20% in FY2023 (+3.91 pp), 11.29% in FY2022 (+0.30 pp) and 10.99% in FY2021 (-4.36 pp).
- The Q2 2026 figure marks the highest quarterly Net Margin since Q1 2025.
- Compared with a year earlier, Net Margin was higher in two of the last eight quarters, with an average year-over-year change of -3.71 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q4 2022 (a gain of 10.74 percentage points); the worst was Q2 2025 (a drop of 11.69 percentage points).
- Per Business Quant data, AAON's Net Margin in the three quarters before Q2 2026 was 8.01% (Q1 2026), 7.55% (Q4 2025) and 8.01% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 15.51% |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | - |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | -41.40% |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 12.98% |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 10.58% |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 10.57% |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 11.70% |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 18.19% |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 14.22% |
| 10 | Aaon | 6.19 Bn | 6.19 Bn | 188.54 Mn | 9.75% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.75% |
| Jun 30, 2026 | 10.45% |
| Mar 31, 2026 | 7.40% |
| 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% |
Aaon Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=AAON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "AAON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=AAON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();