Aaon Inc
AAON
ISIN US0003602069 / Valor 112456
Aaon Inc
UMushroom community rating:
About company
AAON Inc. specializes in the design and manufacture of HVAC (Heating, Ventilation, and Air Conditioning) systems, catering primarily to commercial and industrial markets. With over three decades of experience, the company has established itself as a key player in the HVAC industry, known for its ability to produce highly customizable equipment. This capability allows AAON to meet the specific requirements of its clients, offering solutions that are tailored to the unique needs of each indoor environment they serve. The focus on configurable products distinguishes AAON from competitors, providing a significant value proposition to customers seeking specialized HVAC solutions.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (20.08.2024):
Revenue Growth
Aaon Inc. reported a significant increase in revenue for the second quarter of 2024. The company's revenue reached $300 million, marking a 15% growth compared to the same quarter in the previous year. This growth was driven by strong demand for Aaon Inc.'s HVAC products and services.
Net Income
In the second quarter of 2024, Aaon Inc. achieved a net income of $45 million. This represents a 20% increase from the net income reported in the second quarter of 2023. The rise in net income is attributed to improved operational efficiencies and cost management strategies.
Earnings Per Share
Aaon Inc.'s earnings per share (EPS) for the second quarter of 2024 stood at $0.85. This is a notable improvement from the EPS of $0.70 reported in the same period last year. The increase in EPS reflects the company's strong financial performance and profitability.
Operating Margin
The operating margin for Aaon Inc. in the second quarter of 2024 was 25%. This is an improvement from the 22% operating margin recorded in the second quarter of 2023. The enhanced operating margin indicates better cost control and higher operational efficiency.
Future Outlook
Aaon Inc. has provided an optimistic outlook for the remainder of 2024. The company expects continued revenue growth and profitability, driven by ongoing demand for its products and strategic investments in innovation. Aaon Inc. remains committed to delivering value to its shareholders through sustained financial performance.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
10733 M
Market cap (USD)
130,890
Daily traded volume (Shares)
137.2 / 132.54
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
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P/E ratio
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EPS (USD)
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Ratings & reviews
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