Aaon (AAON) Return on Capital Employed (2011 - 2025)
Aaon recorded quarterly Return on Capital Employed of 11.43% in Q4 2025, up 5.58% quarter-over-quarter from 10.83% in Q3 2025, and down 1110.0% year-over-year from 1.13% in Q4 2024.
Aaon's Return on Capital Employed history runs 15 years deep, the most recent figure standing at 11.43% for Q4 2025.
- In Q4 2025, Return on Capital Employed fell 1110.0% year-over-year to 11.43%; the TTM figure through Dec 2025 stood at 11.43% (down 1110.0% YoY), while the FY2025 annual figure was 13.3%, down 1038.0% from the prior year.
- Return on Capital Employed came in at 11.43% for Q4 2025 at Aaon, up from 10.83% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 28.88% in Q2 2024 to a low of 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.
- Across the five-year window, Return on Capital Employed soared 1315 bps in 2023 and slumped 1683 bps in 2025, its largest moves.
- Aaon's Return on Capital Employed stood at 13.95% in 2021, then surged by 39 bps to 19.37% in 2022, then soared by 44 bps to 27.87% in 2023, then retreated by 19 bps to 22.53% in 2024, then slumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 26.55% |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 11.49% |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 6.30% |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 35.83% |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 35.86% |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 18.08% |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 11.43% |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 11.39% |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 16.23% |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | 0.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | 23.15% |
| Dec 31, 2020 | 26.42% |
| Sep 30, 2020 | 26.61% |
| Jun 30, 2020 | 26.26% |
| Mar 31, 2020 | 26.10% |
| Dec 31, 2019 | 21.93% |
| Sep 30, 2019 | 20.73% |
| Jun 30, 2019 | 24.23% |
| Mar 31, 2019 | 23.39% |
| Dec 31, 2018 | 21.01% |
| Sep 30, 2018 | 21.12% |
| Jun 30, 2018 | 24.00% |
| Mar 31, 2018 | 25.83% |
| Dec 31, 2017 | 29.71% |
| Sep 30, 2017 | 31.96% |
| Jun 30, 2017 | 33.96% |
| Mar 31, 2017 | 35.14% |
| Dec 31, 2016 | 36.53% |
| Sep 30, 2016 | 38.04% |
| Jun 30, 2016 | 40.70% |
| Mar 31, 2016 | 37.95% |
| Dec 31, 2015 | 35.55% |
| Sep 30, 2015 | 32.59% |
| Jun 30, 2015 | 34.62% |
| Mar 31, 2015 | 34.80% |
| Dec 31, 2014 | 34.96% |
| Sep 30, 2014 | 32.96% |
| Jun 30, 2014 | 32.52% |
| Mar 31, 2014 | 34.27% |
| Dec 31, 2013 | 30.76% |
| Sep 30, 2013 | 31.53% |
| Jun 30, 2013 | 32.07% |
| Mar 31, 2013 | 28.25% |
| Dec 31, 2012 | 28.49% |
| Sep 30, 2012 | 21.26% |
| Jun 30, 2012 | 22.82% |
| Mar 31, 2012 | 16.82% |
| Dec 31, 2011 | 15.62% |
| Sep 30, 2011 | 21.65% |