AAON AAON margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 63

Gross margin

25.6%

Operating margin

11%

EBITDA margin

15.5%

Net margin

8.2%

The AAON shows a gross margin of 25.6%, an operating margin of 11%, an EBITDA margin of 15.5%, and a net margin of 8.2%. All reported margins declined year over year, led by gross margin with a decline of 3.1 percentage points.

AAON margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, AAON's margins averaged 30.9% gross, 15.13% operating, 20.15% EBITDA, and 11.72% net. All four current margins are below their three-year averages.

AAON margin expansion

Year-over-year margin changes in percentage points

From the same period last year, gross, operating, EBITDA, and net margins all declined, with gross margin showing the largest decrease at 3.1 percentage points.

Gross margin expansion

-3.1pp

Operating margin expansion

-1.2pp

EBITDA margin expansion

-2.6pp

Net margin expansion

-1.5pp

AAON Gross margin

The average gross margin for AAON was 30.9% over the last 3 years. As of the latest period, the current gross margin for AAON is 25.6%, 5.3 percentage points below its three-year average. The gross margin for AAON moved between 25.6% in Jun 2026 and 36.3% in Jun 2024.

AAON Operating margin

Over the last 3 years, the average operating margin for AAON was 15.13%. The latest operating margin for AAON is 11%, 4.1 percentage points below its three-year average. AAON's operating margin ranged from a low of 10% in Sep 2025 to a high of 20.3% in Jun 2024.

AAON EBITDA margin

Looking back over the last 3 years, AAON recorded an average EBITDA margin of 20.15%. AAON's current EBITDA margin is 15.5% and is 4.7 percentage points below its three-year average. The highest EBITDA margin for AAON was 25% in Sep 2024, while the lowest was 15.4% in Mar 2026.

AAON Net margin

AAON's net margin averaged 11.72% across the past 3 years. The current net margin stands at 8.2%, 3.5 percentage points below its three-year average. Over the last 3 years, AAON's net margin peaked at 15.8% in Sep 2024 and reached a low of 7.3% in Mar 2026.

AAON margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 25.6%, AAON stands below the Industrials sector, the industry and its peers average. In comparison with its Industrials sector average of 32.7%, AAON's gross margin is 22% lower.

AAON margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is AAON's gross margin?

As of Jun 30, 2026, AAON has a gross margin of 25.6%.

What is AAON's operating margin?

For the period ending Jun 30, 2026, AAON recorded an operating margin of 11%.

What is AAON's EBITDA margin?

As of Jun 30, 2026, AAON has an EBITDA margin of 15.5%.

What is AAON's net margin?

For the period ending Jun 30, 2026, AAON recorded a net margin of 8.2%.

What are the average margins of AAON?

AAON's gross, operating, EBITDA, and net margins averaged 30.9% gross, 15.1% operating, 20.2% EBITDA, and 11.7% net over the last 3 years.

What are the highest historical margins of AAON?

Across the 5-year period, AAON posted its highest margins at 36.3% gross in Jun 2024, 20.3% operating in Jun 2024, 25% EBITDA in Sep 2024, and 15.8% net in Sep 2024.

What are the lowest historical margins of AAON?

AAON's lowest recorded margins during the past 5 years were 23.4% gross in Jun 2022, 10% operating in Sep 2025, 15.2% EBITDA in Jun 2022, and 7.3% net in Mar 2026.