AAON (AAON) Revenue & Revenue Breakdown
AAON Revenue Highlights
Latest Revenue (Y)
$1.17B
Latest Revenue (Q)
$313.57M
Main Segment (Y)
Rooftop Units
AAON Revenue by Period
AAON Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.17B | 31.47% |
| 2022-12-31 | $888.79M | 66.28% |
| 2021-12-31 | $534.52M | 3.88% |
| 2020-12-31 | $514.55M | 9.63% |
| 2019-12-31 | $469.33M | 8.15% |
| 2018-12-31 | $433.95M | 7.09% |
| 2017-12-31 | $405.23M | 5.54% |
| 2016-12-31 | $383.98M | 7.07% |
| 2015-12-31 | $358.63M | 0.65% |
| 2014-12-31 | $356.32M | 10.96% |
| 2013-12-31 | $321.14M | 5.95% |
| 2012-12-31 | $303.11M | 13.86% |
| 2011-12-31 | $266.22M | 8.86% |
| 2010-12-31 | $244.55M | -0.30% |
| 2009-12-31 | $245.28M | -12.31% |
| 2008-12-31 | $279.73M | 6.56% |
| 2007-12-31 | $262.52M | 13.42% |
| 2006-12-31 | $231.46M | 24.98% |
| 2005-12-31 | $185.19M | 6.88% |
| 2004-12-31 | $173.27M | 16.41% |
| 2003-12-31 | $148.84M | -4.02% |
| 2002-12-31 | $155.07M | -1.38% |
| 2001-12-31 | $157.25M | 1.46% |
| 2000-12-31 | $154.98M | 21.05% |
| 1999-12-31 | $128.03M | 19.90% |
| 1998-12-31 | $106.78M | 30.74% |
| 1997-12-31 | $81.68M | 29.96% |
| 1996-12-31 | $62.84M | -6.62% |
| 1995-12-31 | $67.30M | -15.35% |
| 1994-12-31 | $79.50M | 75.11% |
| 1993-12-31 | $45.40M | - |
AAON generated $1.17B in revenue during NA 2023, up 31.47% compared to the previous quarter, and up 269.28% compared to the same period a year ago.
AAON Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $313.57M | 19.64% |
| 2024-03-31 | $262.10M | -14.52% |
| 2023-12-31 | $306.64M | -1.71% |
| 2023-09-30 | $311.97M | 9.87% |
| 2023-06-30 | $283.96M | 6.77% |
| 2023-03-31 | $265.95M | 4.46% |
| 2022-12-31 | $254.60M | 4.94% |
| 2022-09-30 | $242.60M | 16.18% |
| 2022-06-30 | $208.81M | 14.25% |
| 2022-03-31 | $182.77M | 34.11% |
| 2021-12-31 | $136.28M | -1.65% |
| 2021-09-30 | $138.57M | -3.69% |
| 2021-06-30 | $143.88M | 24.26% |
| 2021-03-31 | $115.79M | -0.78% |
| 2020-12-31 | $116.70M | -13.41% |
| 2020-09-30 | $134.77M | 7.31% |
| 2020-06-30 | $125.60M | -8.65% |
| 2020-03-31 | $137.48M | 12.16% |
| 2019-12-31 | $122.57M | 7.99% |
| 2019-09-30 | $113.50M | -4.97% |
| 2019-06-30 | $119.44M | 4.93% |
| 2019-03-31 | $113.82M | 1.32% |
| 2018-12-31 | $112.34M | -0.53% |
| 2018-09-30 | $112.94M | 3.06% |
| 2018-06-30 | $109.59M | 10.60% |
| 2018-03-31 | $99.08M | -4.88% |
| 2017-12-31 | $104.16M | -8.36% |
| 2017-09-30 | $113.67M | 12.18% |
| 2017-06-30 | $101.33M | 17.71% |
| 2017-03-31 | $86.08M | -6.10% |
| 2016-12-31 | $91.67M | -12.34% |
| 2016-09-30 | $104.57M | 2.20% |
| 2016-06-30 | $102.32M | 19.78% |
| 2016-03-31 | $85.42M | -12.14% |
| 2015-12-31 | $97.23M | 3.04% |
| 2015-09-30 | $94.36M | 4.53% |
| 2015-06-30 | $90.28M | 17.59% |
| 2015-03-31 | $76.77M | -9.39% |
| 2014-12-31 | $84.73M | -17.67% |
| 2014-09-30 | $102.92M | 11.49% |
| 2014-06-30 | $92.31M | 20.88% |
| 2014-03-31 | $76.37M | 4.08% |
| 2013-12-31 | $73.38M | -18.19% |
| 2013-09-30 | $89.69M | -1.70% |
| 2013-06-30 | $91.24M | 36.52% |
| 2013-03-31 | $66.83M | -14.33% |
| 2012-12-31 | $78.01M | 1.55% |
| 2012-09-30 | $76.82M | -7.82% |
| 2012-06-30 | $83.33M | 28.29% |
| 2012-03-31 | $64.96M | 2.45% |
| 2011-12-31 | $63.40M | -14.12% |
| 2011-09-30 | $73.83M | 6.88% |
| 2011-06-30 | $69.08M | 15.29% |
| 2011-03-31 | $59.91M | -8.98% |
| 2010-12-31 | $65.83M | 1.45% |
| 2010-09-30 | $64.89M | 0.55% |
| 2010-06-30 | $64.53M | 30.87% |
| 2010-03-31 | $49.31M | -9.07% |
| 2009-12-31 | $54.23M | -7.29% |
| 2009-09-30 | $58.49M | -14.73% |
| 2009-06-30 | $68.60M | 7.24% |
| 2009-03-31 | $63.97M | 6.24% |
| 2008-12-31 | $60.21M | -24.05% |
| 2008-09-30 | $79.28M | 6.01% |
| 2008-06-30 | $74.78M | 14.25% |
| 2008-03-31 | $65.46M | 5.32% |
| 2007-12-31 | $62.15M | - |
AAON generated $313.57M in revenue during Q2 2024, up 19.64% compared to the previous quarter, and up 117.90% compared to the same period a year ago.
AAON Revenue Breakdown
AAON Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Water Source Heat Pumps | $15.90M | $19.05M | $25.45M | - | - |
| Air Handlers | $61.83M | $23.93M | $24.27M | - | - |
| Condensing Units | $42.80M | $21.15M | $18.48M | - | - |
| Outdoor Mechanical Rooms | $506.00K | $2.84M | $1.64M | - | - |
| Part Sales | $67.70M | $32.56M | $33.33M | - | - |
| Product and Service, Other | $29.04M | - | - | - | - |
| Rooftop Units | $804.25M | $400.95M | $349.43M | - | - |
| AAON Oklahoma | - | $663.85M | $463.85M | - | - |
| BasX | - | $117.65M | $4.08M | - | - |
| AAON Coil Products | - | $107.29M | $66.59M | - | - |
| Other Product and Services | - | - | - | $14.07M | $16.75M |
AAON's latest annual revenue breakdown by segment (product or service), as of Dec 23: Rooftop Units (78.69%), Part Sales (6.62%), Air Handlers (6.05%), Condensing Units (4.19%), Product and Service, Other (2.84%), Water Source Heat Pumps (1.56%), and Outdoor Mechanical Rooms (0.05%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product and Service, Other | $5.11M | $5.82M | $20.00M | $9.04M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Water Source Heat Pumps | $1.57M | $1.58M | $12.00M | $3.90M | $4.87M | $5.21M | $6.42M | $4.67M | $4.78M | $6.77M | $3.80M | $3.70M | $4.03M | $8.75M | - | - | - | - | - | - |
| Rooftop Units | $203.64M | $191.26M | $582.84M | $221.42M | $99.77M | $103.90M | $107.37M | $87.42M | $88.22M | $102.75M | $99.14M | $110.83M | $93.89M | $78.43M | - | - | - | - | - | - |
| Part Sales | $18.88M | $15.60M | $49.56M | $18.13M | $10.80M | $12.10M | $10.72M | $7.51M | $8.00M | $10.48M | $7.57M | $6.51M | $7.73M | $10.31M | - | - | - | - | - | - |
| Condensing Units | $15.43M | $10.91M | $35.16M | $7.64M | $6.12M | $6.80M | $7.30M | $6.53M | $5.84M | $6.30M | $4.50M | $4.50M | $4.85M | $4.42M | - | - | - | - | - | - |
| Air Handlers | $14.87M | $11.73M | $44.41M | $17.42M | $6.73M | $6.28M | $7.26M | $6.41M | $5.86M | $5.80M | $6.02M | $6.25M | $6.12M | $6.52M | - | - | - | - | - | - |
| Outdoor Mechanical Rooms | - | - | $444.00K | $62.00K | $101.00K | $208.00K | $764.00K | $211.00K | $626.00K | $867.00K | $434.00K | $915.00K | $155.00K | $181.00K | - | - | - | - | - | - |
| AAON Coil Products | - | - | - | - | $30.08M | $33.41M | $28.10M | $30.50M | $26.75M | $21.93M | - | - | - | - | - | - | - | - | - | - |
| BasX | - | - | - | - | $35.66M | $30.54M | $39.17M | $32.93M | $24.58M | $20.97M | - | - | - | - | - | - | - | - | - | - |
| AAON Oklahoma | - | - | - | - | $218.21M | $202.00M | $187.33M | $179.17M | $157.48M | $139.87M | - | - | - | - | - | - | - | - | - | - |
| Other Product and Services | - | - | - | - | - | - | - | - | - | - | - | $4.07M | $4.03M | $3.04M | $3.37M | $1.79M | $4.13M | $4.78M | $5.80M | $4.88M |
AAON's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Rooftop Units (78.47%), Part Sales (7.28%), Condensing Units (5.95%), Air Handlers (5.73%), Product and Service, Other (1.97%), and Water Source Heat Pumps (0.61%).
AAON Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| TT | Trane | $17.68B | $5.44B |
| BECN | Beacon Roofing Supply | $9.12B | $1.91B |
| LII | Lennox | $4.98B | $1.50B |
| CSL | Carlisle Companies | $4.59B | $1.33B |
| JELD | JELD-WEN | $4.30B | $986.00M |
| APOG | Apogee Enterprises | $1.42B | $342.44M |
| ROCK | Gibraltar Industries | $1.38B | $361.20M |
| AZEK | AZEK Company | $1.37B | $418.41M |
| AWI | Armstrong World Industries | $1.30B | $386.60M |
| TILE | Interface | $1.26B | $346.63M |
| AAON | AAON | $1.17B | $313.57M |
| NX | Quanex Building Products | $1.13B | $280.35M |
| TREX | Trex Company | $1.09B | $233.72M |
| JBI | Janus Group | $1.07B | $230.10M |
| MAS | Masco | - | $1.98B |
AAON Revenue FAQ
What is AAON’s yearly revenue?
AAON's yearly revenue for 2023 was $1.17B, representing an increase of 31.47% compared to 2022. The company's yearly revenue for 2022 was $888.79M, representing an increase of 66.28% compared to 2021. AAON's yearly revenue for 2021 was $534.52M, representing an increase of 3.88% compared to 2020.
What is AAON’s quarterly revenue?
AAON's quarterly revenue for Q2 2024 was $313.57M, a 19.64% increase from the previous quarter (Q1 2024), and a 10.43% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $262.1M, a -14.52% decrease from the previous quarter (Q4 2023), and a -1.45% decrease year-over-year (Q1 2023). AAON's quarterly revenue for Q4 2023 was $306.64M, a -1.71% decrease from the previous quarter (Q3 2023), and a 20.44% increase year-over-year (Q4 2022).
What is AAON’s revenue growth rate?
AAON's revenue growth rate for the last 3 years (2021-2023) was 118.61%, and for the last 5 years (2019-2023) was 148.97%.
What are AAON’s revenue streams?
AAON's revenue streams in c 23 are Water Source Heat Pumps, Air Handlers, Condensing Units, Outdoor Mechanical Rooms, Part Sales, Product and Service, Other, and Rooftop Units. Water Source Heat Pumps generated $15.9M in revenue, accounting 1.56% of the company's total revenue, down -16.56% year-over-year. Air Handlers generated $61.83M in revenue, accounting 6.05% of the company's total revenue, up 158.37% year-over-year. Condensing Units generated $42.8M in revenue, accounting 4.19% of the company's total revenue, up 102.37% year-over-year. Outdoor Mechanical Rooms generated $506K in revenue, accounting 0.05% of the company's total revenue, down -82.20% year-over-year. Part Sales generated $67.7M in revenue, accounting 6.62% of the company's total revenue, up 107.91% year-over-year. Product and Service, Other generated $29.04M in revenue, accounting 2.84% of the company's total revenue Rooftop Units generated $804.25M in revenue, accounting 78.69% of the company's total revenue, up 100.59% year-over-year.
What is AAON’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of AAON was Rooftop Units. This segment made a revenue of $804.25M, representing 78.69% of the company's total revenue.