AAON Inc - Company Profile
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AAON Inc (AAON) engaged in the design, engineering, and manufacturing of heating, ventilation, and air conditioning (HVAC) solutions for commercial and industrial environments. The company's main activities include producing highly configurable HVAC systems tailored to specific customer needs. AAON's major products include packaged rooftop units, air handling units, heat pumps, and condensing units. Notable brands associated with the company include AAON and BASX, which offer specialized HVAC solutions. The company's products serve a diverse range of industries, including healthcare, education, data centers, and cleanrooms. AAON utilizes a network of independent manufacturer representatives to distribute its products primarily in the US and Canada. The company operates manufacturing facilities in several US states, targeting both domestic and international markets. AAON is headquartered in Tulsa, Oklahoma, the US.
Headquarters
United States of America
Address
2425 South Yukon Avenue, Tulsa, Oklahoma, 74107
Website
www.aaon.com
Telephone
1 918 5832266
No of Employees
5,897
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
AAON (NASD)
Revenue (2024)
$1.4B
20.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-36.2%
(2024 vs 2023)
Market Cap*
$9.0B
Net Profit Margin (2024)
XYZ
-46.9%
(2024 vs 2023)
* As of and is in US$
AAON Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| - | AAON |
| Packaged Rooftop Units | BASX |
| Split Systems | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In October, the company entered into a partnership with Oklahoma State University Institute of Technology to advance the skills and careers of employees at AAON. |
| 2024 | Asset Purchase | In November, the company acquired a new 787,000-square-foot facility in Memphis, Tennessee, the US. |
| 2024 | Contracts/Agreements | In October, the company secured a US$174.5 million contract to provide a custom thermal management system for a data center customer’s liquid cooling deployment. |
Competitor Comparison
| Key Parameters | AAON Inc | Daikin Industries Ltd | Johnson Controls International Plc | Carrier Global Corp | Trane Technologies Plc |
|---|---|---|---|---|---|
| Headquarters | United States of America | Japan | Ireland | United States of America | Ireland |
| City | Tulsa | Osaka | Cork | Palm Beach Gardens | Swords |
| State/Province | Oklahoma | Osaka | - | Florida | Dublin |
| No. of Employees | 5,897 | 103,544 | 87,000 | 47,000 | 44,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Matt Tobolski | Chief Executive Officer | Senior Management | 2025 | - |
| Rebecca Thompson | Treasurer; Chief Financial Officer | Senior Management | 2021 | - |
| Casey Kidwell | Chief Administrative Officer | Senior Management | - | - |
| A.H. McElroy II | Chairman | Non Executive Board | 2022 | 63 |
| Doug Wichman | Executive Vice President; General Manager - AAON Business Unit | Senior Management | 2026 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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