AAON
AAON
PE ratio, current and historical analysis
- Stocks
- Industrials
- NASDAQ: AAON
- PE Ratio
The current price-to-earnings ratio for AAON stock as of Aug 21, 2026 is 40.74. This is calculated based on the current EPS of $1.95 and the stock price of $79.44 per share. The PE ratio has decreased by 36% from the past four quarters average of 64.0.
AAON PE ratio history
The average historical PE ratio of AAON for the last ten years is 44.93. The current price-to-earnings ratio of 40.74 is 9% less than the historical average. In the past ten years, AAON's PE ratio reached its highest point in the Sep 2025 quarter at 75.97, when the stock price was $93.44 and the EPS was $1.23. The lowest point was recorded in the Sep 2023 quarter, when it reached 27.08 with a price of $56.87 and an EPS of $2.1.
AAON PE ratio by year
Maximum annual increase: 68.54% in 2024
Maximum annual decrease: -47.52% in 2012
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 57.77 | 1.62% | $76.25 | $1.32 |
| 2024 | 56.85 | 68.54% | $117.68 | $2.07 |
| 2023 | 33.73 | -15.36% | $73.87 | $2.19 |
| 2022 | 39.85 | -43.56% | $50.21 | $1.26 |
| 2021 | 70.6 | 60.53% | $52.95 | $0.75 |
| 2020 | 43.98 | -7.88% | $44.42 | $1.01 |
| 2019 | 47.74 | 10.3% | $32.94 | $0.69 |
| 2018 | 43.28 | 20.29% | $23.37 | $0.54 |
| 2017 | 35.98 | 9.39% | $24.47 | $0.68 |
| 2016 | 32.89 | 21.1% | $22.03 | $0.67 |
| 2015 | 27.16 | -1.74% | $15.48 | $0.57 |
| 2014 | 27.64 | -12.42% | $14.93 | $0.54 |
| 2013 | 31.56 | 68.41% | $14.2 | $0.45 |
| 2012 | 18.74 | -47.52% | $6.18 | $0.33 |
| 2011 | 35.71 | 66.64% | $6.07 | $0.17 |
AAON PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 65.06 | 14% | $126.86 | $1.95 |
| Mar 2026 | 57.07 | -1.21% | $82.75 | $1.45 |
| Dec 2025 | 57.77 | -23.96% | $76.25 | $1.32 |
| Sep 2025 | 75.97 | 54.5% | $93.44 | $1.23 |
| Jun 2025 | 49.17 | 22.71% | $73.75 | $1.5 |
| Mar 2025 | 40.07 | -29.52% | $78.13 | $1.95 |
| Dec 2024 | 56.85 | 23.88% | $117.68 | $2.07 |
| Sep 2024 | 45.89 | 20.45% | $107.84 | $2.35 |
| Jun 2024 | 38.1 | -4.42% | $87.24 | $2.29 |
| Mar 2024 | 39.86 | 18.17% | $88.1 | $2.21 |
| Dec 2023 | 33.73 | 24.56% | $73.87 | $2.19 |
| Sep 2023 | 27.08 | -20.75% | $56.87 | $2.1 |
| Jun 2023 | 34.17 | -21.01% | $63.21 | $1.85 |
| Mar 2023 | 43.26 | 8.56% | $64.46 | $1.49 |
| Dec 2022 | 39.85 | -5.7% | $50.21 | $1.26 |
AAON Price vs fair value
AAON average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, AAON's PE ratio is lower than the 3, 5 and 10-year averages.
PE comparison
With a P/E of 40.74, AAON stands above the Industrials sector, the industry and its peers average. Looking at its Industrials sector average of 26.8, AAON's P/E is 52% higher.
AAON PE vs peers
Frequently asked questions
What is AAON's PE ratio?
As of Aug 21, 2026, AAON stock has a price to earnings ratio of 40.74.
What is the 3-year average PE ratio for AAON (AAON)?
Over the last 3 years, the average PE ratio for AAON stock is 48.89.
What is the 5-year average PE ratio for AAON (AAON)?
Over the last 5 years, the average PE ratio for AAON stock is 48.22.
What is the highest PE ratio for AAON?
Over the last ten years, the quarterly PE ratio reached a historic high of 75.97 in the Sep 2025 quarter.
How does the current PE ratio for AAON compare to its historical average?
The current price to earnings ratio of AAON is 9% lower than the 10-year historical average.
How is AAON's PE ratio calculated (AAON PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Aug 21, 2026), AAON's stock price is $79.44. The earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $1.95. Therefore, AAON's price to earnings ratio for today is 40.74. PE RATIO(40.74) = STOCK PRICE($79.44) / TTM EPS($1.95)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.