AAON Historical Cash Flow
| AAON Stock | USD 137.42 1.86 1.37% |
Analysis of AAON cash flow over time is an excellent tool to project AAON Inc future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Free Cash Flow of 51.9 M or Other Cashflows From Financing Activities of 33.1 M as it is a great indicator of AAON ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining AAON Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether AAON Inc is a good buy for the upcoming year.
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About AAON Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in AAON balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which AAON's non-liquid assets can be easily converted into cash.
AAON Cash Flow Chart
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Capital Expenditures
Capital Expenditures are funds used by AAON Inc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of AAON operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in AAON Inc financial statement analysis. It represents the amount of money remaining after all of AAON Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most accounts from AAON's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into AAON Inc current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAON Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, AAON's Total Cash From Operating Activities is very stable compared to the past year. As of the 22nd of November 2024, Net Income is likely to grow to about 186.5 M, though Change To Inventory is likely to grow to (15.4 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Begin Period Cash Flow | 82.3M | 3.5M | 5.9M | 9.4M | End Period Cash Flow | 3.5M | 5.9M | 9.0M | 9.4M |
AAON cash flow statement Correlations
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AAON Account Relationship Matchups
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High Negative Relationship
AAON cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 2.6M | (9.7M) | (46.0M) | (71.4M) | (16.2M) | (15.4M) | |
| Change In Cash | 42.4M | 37.9M | (78.8M) | 2.5M | 3.1M | 3.2M | |
| Free Cash Flow | 60.8M | 61.0M | 5.8M | (14.7M) | 49.4M | 51.9M | |
| Change In Working Capital | 1.8M | 5.0M | (44.1M) | (77.6M) | (76.9M) | (73.0M) | |
| Other Cashflows From Financing Activities | 17.7M | 20.2M | 59.6M | 247.9M | 31.6M | 33.1M | |
| Depreciation | 22.8M | 25.6M | 30.4M | 35.4M | 46.8M | 49.1M | |
| Other Non Cash Items | 1.8M | (5.2M) | 669K | 2.7M | 1.5M | 1.6M | |
| Capital Expenditures | 37.2M | 67.8M | 55.4M | 76.0M | 104.3M | 109.5M | |
| Total Cash From Operating Activities | 97.9M | 128.8M | 61.2M | 61.3M | 158.9M | 166.8M | |
| Net Income | 53.7M | 79.0M | 58.8M | 100.4M | 177.6M | 186.5M | |
| Total Cash From Financing Activities | (18.5M) | (29.6M) | 18.7M | 17.4M | (46.5M) | (44.2M) | |
| End Period Cash Flow | 44.4M | 82.3M | 3.5M | 5.9M | 9.0M | 9.4M | |
| Begin Period Cash Flow | 2.0M | 44.4M | 82.3M | 3.5M | 5.9M | 9.4M | |
| Stock Based Compensation | 11.8M | 11.3M | 11.8M | 13.7M | 16.4M | 17.2M | |
| Sale Purchase Of Stock | (19.6M) | (30.1M) | (20.9M) | (12.7M) | (25.0M) | (23.8M) | |
| Change To Liabilities | (7.8M) | 1.1M | 11.1M | 25.5M | 29.3M | 30.7M | |
| Change To Account Receivables | (13.4M) | 19.9M | (9.7M) | (56.3M) | (10.0M) | (9.5M) | |
| Dividends Paid | 16.6M | 19.8M | 19.9M | 22.9M | 26.4M | 13.5M | |
| Other Cashflows From Investing Activities | 69K | 6.5M | 54K | 48K | 55.2K | 52.4K | |
| Investments | 51K | 52K | (158.7M) | (76.2M) | (109.3M) | (103.8M) | |
| Change Receivables | (2.8M) | 13.4M | 19.9M | (9.7M) | (11.2M) | (10.6M) | |
| Total Cashflows From Investing Activities | (37.0M) | (61.3M) | (158.7M) | (76.2M) | (68.6M) | (72.0M) | |
| Cash And Cash Equivalents Changes | (19.5M) | (153.5M) | 37.9M | (78.8M) | (70.9M) | (67.4M) | |
| Cash Flows Other Operating | (5.0M) | (4.8M) | (6.2M) | 1.9M | 1.7M | 1.8M | |
| Change To Netincome | (19.7M) | 19.1M | 16.1M | 3.0M | 3.5M | 4.8M | |
| Change To Operating Activities | 6.8M | (161K) | (316K) | 15.9M | 18.3M | 19.2M |
Pair Trading with AAON
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AAON position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AAON will appreciate offsetting losses from the drop in the long position's value.Moving together with AAON Stock
| 0.73 | NX | Quanex Building Products Fiscal Year End 12th of December 2024 | PairCorr |
| 0.92 | OC | Owens Corning | PairCorr |
| 0.89 | TT | Trane Technologies plc | PairCorr |
Moving against AAON Stock
| 0.81 | ASPN | Aspen Aerogels | PairCorr |
| 0.8 | JBI | Janus International | PairCorr |
| 0.79 | AEHL | Antelope Enterprise | PairCorr |
| 0.63 | APT | Alpha Pro Tech | PairCorr |
| 0.57 | JELD | Jeld Wen Holding | PairCorr |
The ability to find closely correlated positions to AAON could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AAON when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AAON - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AAON Inc to buy it.
The correlation of AAON is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AAON moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AAON Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AAON can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAON Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AAON. If investors know AAON will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AAON listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.69) | Dividend Share 0.32 | Earnings Share 2.28 | Revenue Per Share 14.862 | Quarterly Revenue Growth 0.168 |
The market value of AAON Inc is measured differently than its book value, which is the value of AAON that is recorded on the company's balance sheet. Investors also form their own opinion of AAON's value that differs from its market value or its book value, called intrinsic value, which is AAON's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AAON's market value can be influenced by many factors that don't directly affect AAON's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AAON's value and its price as these two are different measures arrived at by different means. Investors typically determine if AAON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAON's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.