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Added to YB: 2025-07-18

Pitch date: 2025-07-16

AAON [neutral]

AAON, Inc.

+3.14%

current return

Author Info

Company Info

AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada.

Market Cap

$7.4B

Pitch Price

$74.49

Price Target

N/A

Dividend

0.44%

EV/EBITDA

37.22

P/E

75.23

EV/Sales

5.93

Sector

Building Products

Category

growth

Show full summary:
AAON, Inc. - $AAON

AAON (pass): HVAC leader down 45% from peak. Top-tier engineering creates 15-20% price premium but lowest lifetime cost. BASX segment (26% rev, 40% CAGR) rides data center boom. Core segment down on industry slowdown but long-term positioning strong. 40x P/E rich but 22% incremental ROIC, minimal debt. Customer concentration a concern.

Read full article (10 min)