AAON Q1 2024 Earnings — AAON, Inc. Revenue & Financial Results | Market Cap Arena

AAONAAON, Inc.

$8B

Q1 2024 Earnings

Industrials Construction

Income Statement

Revenue

$262M-1.4% YoY

Gross Profit

$92M35.2% margin

Operating Income

$47M17.9% margin

Net Income

$39M14.9% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

-14.5%

Cash Flow

Operating Cash Flow

$92M

Free Cash Flow

$57M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$953M

Total Liabilities

$168M

Stockholders' Equity

$785M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$262M	$266M	-1.4%
Gross Profit	$92M	$77M	+19.6%
Operating Income	$47M	$44M	+6.3%
Net Income	$39M	$37M	+6.0%

Revenue Segments

Rooftop Units

$191M81%

Part Sales

$16M7%

Air Handlers

$12M5%

Condensing Units

$11M5%

Product and Service, Other

$6M2%

Water Source Heat Pumps

$2M1%