Aaon (AAON) Total Debt (2011 - 2026)
Aaon's Total Debt came in at $435 million for Q2 2026, up 37.1% from $317.28 million a year earlier and up 2.3% from the prior quarter.
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Analysis
Aaon (AAON) Total Debt (2011 - 2026) Analysis & Trends
At the end of FY2025, Aaon's Total Debt was $398.32 million, up 157.2% from FY2024.
- Total Debt carries a four-year compound annual growth rate of 77.6% (FY2021 to FY2025).
- Going back by year, Total Debt was $154.89 million in FY2024 (+304.1%), $38.33 million in FY2023 (-46.0%), $71 million in FY2022 (+77.5%) and $40 million in FY2021.
- The Q2 2026 figure represents the highest quarterly Total Debt in data going back to Q2 2011.
- Year-over-year, Total Debt has increased for five consecutive quarters, with growth averaging 193.4% over the last seven quarters.
- The fastest year-over-year change in Total Debt over five years came in Q1 2022 (growth of 919.9%), and the weakest in Q4 2023 (a decline of 46.0%).
- Business Quant data shows AAON's Total Debt at $425.15 million (Q1 2026), $398.32 million (Q4 2025) and $360.14 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 4.62 Bn |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | 9.48 Bn |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 54.06 Mn |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 11.95 Bn |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | 8.44 Bn |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 4.28 Bn |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | 3.25 Bn |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 2.03 Bn |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 2.88 Bn |
| 10 | Aaon | 6.82 Bn | 6.82 Bn | 152.49 Mn | 435.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 435.00 Mn |
| Mar 31, 2026 | 425.15 Mn |
| Dec 31, 2025 | 398.32 Mn |
| Sep 30, 2025 | 360.14 Mn |
| Jun 30, 2025 | 317.28 Mn |
| Mar 31, 2025 | 252.42 Mn |
| Dec 31, 2024 | 154.89 Mn |
| Sep 30, 2024 | 55.70 Mn |
| Jun 30, 2024 | 85.90 Mn |
| Dec 31, 2023 | 38.33 Mn |
| Sep 30, 2023 | 78.42 Mn |
| Jun 30, 2023 | 78.54 Mn |
| Mar 31, 2023 | 83.70 Mn |
| Dec 31, 2022 | 71.00 Mn |
| Sep 30, 2022 | 76.30 Mn |
| Jun 30, 2022 | 106.25 Mn |
| Mar 31, 2022 | 65.00 Mn |
| Dec 31, 2021 | 40.00 Mn |
| Sep 30, 2021 | 6.39 Mn |
| Jun 30, 2021 | 6.38 Mn |
API Access
Aaon Total Debt 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=total-debt&ticker=AAON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=AAON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();