​

AAON (AAON) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

AAON Revenue Highlights

Latest Revenue (Y)

$1.17B

Latest Revenue (Q)

$327.25M

Main Segment (Y)

Rooftop Units

AAON Revenue by Period

AAON Revenue by Year

DateRevenueChange
2023-12-31$1.17B31.47%
2022-12-31$888.79M66.28%
2021-12-31$534.52M3.88%
2020-12-31$514.55M9.63%
2019-12-31$469.33M8.15%
2018-12-31$433.95M7.09%
2017-12-31$405.23M5.54%
2016-12-31$383.98M7.07%
2015-12-31$358.63M0.65%
2014-12-31$356.32M10.96%
2013-12-31$321.14M5.95%
2012-12-31$303.11M13.86%
2011-12-31$266.22M8.86%
2010-12-31$244.55M-0.30%
2009-12-31$245.28M-12.31%
2008-12-31$279.73M6.56%
2007-12-31$262.52M13.42%
2006-12-31$231.46M24.98%
2005-12-31$185.19M6.88%
2004-12-31$173.27M16.41%
2003-12-31$148.84M-4.02%
2002-12-31$155.07M-1.38%
2001-12-31$157.25M1.46%
2000-12-31$154.98M21.05%
1999-12-31$128.03M19.90%
1998-12-31$106.78M30.74%
1997-12-31$81.68M29.96%
1996-12-31$62.84M-6.62%
1995-12-31$67.30M-15.35%
1994-12-31$79.50M75.11%
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

DateRevenueChange
2024-09-30$327.25M4.36%
2024-06-30$313.57M19.64%
2024-03-31$262.10M-14.52%
2023-12-31$306.64M-1.71%
2023-09-30$311.97M9.87%
2023-06-30$283.96M6.77%
2023-03-31$265.95M4.46%
2022-12-31$254.60M4.94%
2022-09-30$242.60M16.18%
2022-06-30$208.81M14.25%
2022-03-31$182.77M34.11%
2021-12-31$136.28M-1.65%
2021-09-30$138.57M-3.69%
2021-06-30$143.88M24.26%
2021-03-31$115.79M-0.78%
2020-12-31$116.70M-13.41%
2020-09-30$134.77M7.31%
2020-06-30$125.60M-8.65%
2020-03-31$137.48M12.16%
2019-12-31$122.57M7.99%
2019-09-30$113.50M-4.97%
2019-06-30$119.44M4.93%
2019-03-31$113.82M1.32%
2018-12-31$112.34M-0.53%
2018-09-30$112.94M3.06%
2018-06-30$109.59M10.60%
2018-03-31$99.08M-4.88%
2017-12-31$104.16M-8.36%
2017-09-30$113.67M12.18%
2017-06-30$101.33M17.71%
2017-03-31$86.08M-6.10%
2016-12-31$91.67M-12.34%
2016-09-30$104.57M2.20%
2016-06-30$102.32M19.78%
2016-03-31$85.42M-12.14%
2015-12-31$97.23M3.04%
2015-09-30$94.36M4.53%
2015-06-30$90.28M17.59%
2015-03-31$76.77M-9.39%
2014-12-31$84.73M-17.67%
2014-09-30$102.92M11.49%
2014-06-30$92.31M20.88%
2014-03-31$76.37M4.08%
2013-12-31$73.38M-18.19%
2013-09-30$89.69M-1.70%
2013-06-30$91.24M36.52%
2013-03-31$66.83M-14.33%
2012-12-31$78.01M1.55%
2012-09-30$76.82M-7.82%
2012-06-30$83.33M28.29%
2012-03-31$64.96M2.45%
2011-12-31$63.40M-14.12%
2011-09-30$73.83M6.88%
2011-06-30$69.08M15.29%
2011-03-31$59.91M-8.98%
2010-12-31$65.83M1.45%
2010-09-30$64.89M0.55%
2010-06-30$64.53M30.87%
2010-03-31$49.31M-9.07%
2009-12-31$54.23M-7.29%
2009-09-30$58.49M-14.73%
2009-06-30$68.60M7.24%
2009-03-31$63.97M6.24%
2008-12-31$60.21M-24.05%
2008-09-30$79.28M6.01%
2008-06-30$74.78M14.25%
2008-03-31$65.46M5.32%
2007-12-31$62.15M-

AAON generated $327.25M in revenue during Q3 2024, up 4.36% compared to the previous quarter, and up 115.25% compared to the same period a year ago.

AAON Revenue Breakdown

AAON Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Water Source Heat Pumps$15.90M$19.05M$25.45M--
Part Sales$67.70M$32.56M$33.33M--
Outdoor Mechanical Rooms$506.00K$2.84M$1.64M--
Condensing Units$42.80M$21.15M$18.48M--
Air Handlers$61.83M$23.93M$24.27M--
Rooftop Units$804.25M$400.95M$349.43M--
Product and Service, Other$29.04M----
AAON Coil Products-$107.29M$66.59M--
AAON Oklahoma-$663.85M$463.85M--
BasX-$117.65M$4.08M--
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/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Product and Service, Other$6.66M$5.11M$5.82M$20.00M$9.04M---------------
Part Sales$21.10M$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------
Condensing Units$16.55M$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------
Air Handlers$16.24M$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------
Water Source Heat Pumps$1.40M$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------
Rooftop Units$203.17M$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------
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------
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---------
AAON Coil Products-----$30.08M$33.41M$28.10M$30.50M$26.75M$21.93M---------
Other Product and Services------------$4.07M$4.03M$3.04M$3.37M$1.79M$4.13M$4.78M$5.80M

AAON's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Rooftop Units (76.63%), Part Sales (7.96%), Condensing Units (6.24%), Air Handlers (6.13%), Product and Service, Other (2.51%), and Water Source Heat Pumps (0.53%).

AAON Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
TTTrane$17.68B$5.44B
BECNBeacon Roofing Supply$9.12B$1.91B
LIILennox$4.98B$1.50B
CSLCarlisle Companies$4.59B$1.33B
JELDJELD-WEN$4.30B$934.76M
AZEKAZEK$1.44B$418.41M
APOGApogee Enterprises$1.42B$341.34M
ROCKGibraltar Industries$1.38B$361.20M
AWIArmstrong World Industries$1.30B$386.60M
NXQuanex Building Products$1.28B$280.35M
TILEInterface$1.26B$344.27M
AAONAAON$1.17B$327.25M
TREXTrex$1.09B$233.72M
JBIJanus Group$1.07B$230.10M
MASMasco-$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 Q3 2024 was $327.25M, a 4.36% increase from the previous quarter (Q2 2024), and a 4.90% increase year-over-year (Q3 2023). The company'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). AAON'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).

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, Part Sales, Outdoor Mechanical Rooms, Condensing Units, Air Handlers, Rooftop Units, and Product and Service, Other. Water Source Heat Pumps generated $15.9M in revenue, accounting 1.56% of the company's total revenue, down -16.56% 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. Outdoor Mechanical Rooms generated $506K in revenue, accounting 0.05% of the company's total revenue, down -82.20% 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. Air Handlers generated $61.83M in revenue, accounting 6.05% of the company's total revenue, up 158.37% year-over-year. Rooftop Units generated $804.25M in revenue, accounting 78.69% of the company's total revenue, up 100.59% year-over-year. Product and Service, Other generated $29.04M in revenue, accounting 2.84% of the company's total revenue

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.