Aaon (AAON) Return on Capital Employed (2011 - 2026)
Aaon (AAON) posted Return on Capital Employed of 11.43% for Q4 2025, up 5.58% sequentially from 10.83% in Q3 2025, and down 1110.0% YoY from 1.13% in Q4 2024.
Aaon (AAON) Return on Capital Employed (2011 - 2026) Analysis & Trends
Aaon has reported Return on Capital Employed for 15 years, with the latest figure at 11.43% in Q4 2025.
- Quarterly Return on Capital Employed fell 1110.0% year-over-year to 11.43% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 11.43% (down 1110.0% YoY) and the FY2025 annual result came in at 13.3%, down 1038.0% from the prior year.
- Return on Capital Employed climbed to 11.43% in Q4 2025 per AAON's latest filing, from 10.83% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 28.88% in Q2 2024 and troughed at 10.83% in Q3 2025.
- A 5-year average of 19.97% and a median of 20.79% in 2021 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2023 and 2025: Return on Capital Employed jumped 1315 bps in 2023, then tumbled 1683 bps in 2025.
- Over 5 years, Return on Capital Employed stood at 13.95% in 2021, then soared by 39 bps to 19.37% in 2022, then jumped by 44 bps to 27.87% in 2023, then decreased by 19 bps to 22.53% in 2024, then tumbled by 49 bps to 11.43% in 2025.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 11.43%, 10.83%, and 13.49% for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.52 Bn | 99.20 Bn | 2.26 Bn | 26.65% |
| 2 | Johnson Controls International | 87.59 Bn | 86.95 Bn | 2.47 Bn | 10.93% |
| 3 | Carrier Global | 49.88 Bn | 48.54 Bn | 1.94 Bn | 6.15% |
| 4 | Carlisle Companies | 14.71 Bn | 14.04 Bn | 568.40 Mn | 19.44% |
| 5 | Masco | 14.60 Bn | 14.05 Bn | 868.00 Mn | 36.39% |
| 6 | Lennox International | 14.02 Bn | 13.97 Bn | 539.50 Mn | 35.00% |
| 7 | Owens Corning | 11.89 Bn | 11.62 Bn | 793.00 Mn | 0.50% |
| 8 | Advanced Drainage Systems | 10.95 Bn | 10.79 Bn | 408.05 Mn | 17.03% |
| 9 | SPX Technologies | 10.27 Bn | 10.11 Bn | 272.80 Mn | 12.10% |
| 10 | Aaon | 6.58 Bn | 6.58 Bn | 152.49 Mn | 12.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.46% |
| Dec 31, 2025 | 11.43% |
| Sep 30, 2025 | 10.83% |
| Jun 30, 2025 | 13.49% |
| Mar 31, 2025 | 19.13% |
| Dec 31, 2024 | 22.53% |
| Sep 30, 2024 | 27.65% |
| Jun 30, 2024 | 28.88% |
| Mar 31, 2024 | 28.01% |
| Dec 31, 2023 | 27.87% |
| Sep 30, 2023 | 26.38% |
| Jun 30, 2023 | 24.45% |
| Mar 31, 2023 | 21.05% |
| Dec 31, 2022 | 19.37% |
| Sep 30, 2022 | 13.39% |
| Jun 30, 2022 | 11.30% |
| Mar 31, 2022 | 12.96% |
| Dec 31, 2021 | 13.95% |
| Sep 30, 2021 | 20.53% |
| Jun 30, 2021 | 23.00% |