AAON Historical Income Statement
| AAON Stock | USD 130.18 1.35 1.03% |
Historical analysis of AAON income statement accounts such as Interest Expense of 5.8 M, Selling General Administrative of 187.4 M or Total Revenue of 1.4 B can show how well AAON Inc performed in making a profits. Evaluating AAON income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AAON's future profits or losses.
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 Income Statement Analysis
AAON Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to AAON shareholders. The income statement also shows AAON investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
AAON Income Statement Chart
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Total Revenue
Total revenue comprises all receipts AAON Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of AAON Inc minus its cost of goods sold. It is profit before AAON operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AAON Inc. It is also known as AAON overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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.Most accounts from AAON's income statement are interrelated and interconnected. However, analyzing income 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 income 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 Operating Income is very stable compared to the past year. As of the 18th of January 2025, EBIT is likely to grow to about 275.3 M, though Total Other Income Expense Net is likely to grow to (3.7 M).
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 237.6M | 399.0M | 458.9M | 481.8M | Total Revenue | 888.8M | 1.2B | 1.3B | 1.4B |
AAON income statement Correlations
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AAON Account Relationship Matchups
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AAON income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 25.6M | 30.4M | 35.4M | 46.8M | 53.8M | 56.5M | |
| Interest Expense | 13.1M | 132K | 2.6M | 4.8M | 5.6M | 5.8M | |
| Selling General Administrative | 55.4M | 63.3M | 99.3M | 155.2M | 178.5M | 187.4M | |
| Total Revenue | 514.6M | 534.5M | 888.8M | 1.2B | 1.3B | 1.4B | |
| Gross Profit | 155.8M | 137.8M | 237.6M | 399.0M | 458.9M | 481.8M | |
| Other Operating Expenses | 419.2M | 465.3M | 762.0M | 941.0M | 1.1B | 1.1B | |
| Operating Income | 101.8M | 69.3M | 126.8M | 227.5M | 261.6M | 274.7M | |
| Ebit | 95.4M | 69.3M | 127.2M | 228.0M | 262.2M | 275.3M | |
| Ebitda | 121.0M | 99.7M | 162.6M | 274.8M | 316.0M | 331.8M | |
| Cost Of Revenue | 358.7M | 396.7M | 651.2M | 769.5M | 884.9M | 929.2M | |
| Total Operating Expenses | 60.5M | 68.6M | 110.8M | 171.5M | 197.3M | 207.1M | |
| Income Before Tax | 102.0M | 69.2M | 124.5M | 223.2M | 256.6M | 269.5M | |
| Total Other Income Expense Net | 139K | (71K) | (2.2M) | (4.3M) | (3.9M) | (3.7M) | |
| Net Income | 79.0M | 58.8M | 100.4M | 177.6M | 204.3M | 214.5M | |
| Income Tax Expense | 23.0M | 10.4M | 24.2M | 45.5M | 52.4M | 55.0M | |
| Net Income Applicable To Common Shares | 53.7M | 79.0M | 58.8M | 100.4M | 115.4M | 121.2M | |
| Research Development | 17.4M | 16.6M | 46.8M | 43.7M | 50.3M | 52.8M | |
| Net Income From Continuing Ops | 79.0M | 58.8M | 100.4M | 177.6M | 204.3M | 214.5M | |
| Non Operating Income Net Other | (47K) | (46K) | 51K | 61K | 70.2K | 73.7K | |
| Selling And Marketing Expenses | 823K | 1.6M | 2.4M | 2.6M | 2.3M | 1.3M | |
| Tax Provision | 23.0M | 10.4M | 24.2M | 45.5M | 52.4M | 55.0M | |
| Net Interest Income | 88K | (132K) | (2.6M) | (4.8M) | (4.4M) | (4.1M) | |
| Reconciled Depreciation | 25.6M | 30.4M | 35.4M | 46.8M | 53.8M | 30.4M |
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 against AAON Stock
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| 0.61 | JBI | Janus International Buyout Trend | PairCorr |
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| 0.49 | JELD | Jeld Wen Holding | PairCorr |
| 0.47 | WMS | Advanced Drainage Systems | 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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 2.3 | Revenue Per Share | 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.