AAON, INC. AAON 76.59
Industrials · NASDAQ · Data as of 2026-08-10
AAON, INC. (AAON) has delivered +17.4% annualized revenue growth, +15.0% earnings growth, and +10.4% dividend growth over 10 years of data. Ranked #160 of 1968 stocks overall and #38 of 442 in the Industrials sector by Steady Score.
About AAON, INC.
Company Overview
AAON designs and manufactures heating, ventilation, air-conditioning and liquid-cooling equipment for commercial and industrial buildings. Its products include configurable rooftop units, air handlers, heat pumps, coils, controls, cleanroom systems and cooling solutions for data centers. Building owners, contractors, engineers and operators use the equipment in offices, schools, hospitals, factories, retail sites, data centers and other specialized indoor environments.
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Business Model & Revenue
AAON earns revenue by selling standard, semi-custom and custom equipment, replacement parts and controls. Most AAON-branded products reach customers through independent manufacturers' representatives, while BASX uses a direct sales force for highly customized data-center and cleanroom projects. The company manufactures through AAON Oklahoma, AAON Coil Products and BASX. Order timing reflects construction activity, project schedules, production capacity and customer requirements.
Key Facts & Market Position
AAON operates three reportable segments bearing the names of its operating businesses. The core AAON range emphasizes configurable commercial HVAC equipment, while BASX expands the portfolio into custom data-center liquid cooling and cleanroom systems. In-house engineering, testing laboratories, controls and manufacturing support application-specific designs, but large custom programs can create customer and backlog concentration.