AAON Q2 2024 Earnings — AAON, Inc. Revenue & Financial Results | Market Cap Arena

AAONAAON, Inc.

$8B

Q2 2024 Earnings

Industrials Construction

Income Statement

Revenue

$314M+10.4% YoY

Gross Profit

$113M36.1% margin

Operating Income

$67M21.4% margin

Net Income

$52M16.7% margin

EPS (Diluted)

$0.62

QoQ Revenue Growth

+19.6%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

-$1M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$270M

Stockholders' Equity

$740M

Cash & Equivalents

$13,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$314M	$284M	+10.4%
Gross Profit	$113M	$94M	+20.3%
Operating Income	$67M	$55M	+22.8%
Net Income	$52M	$46M	+14.3%

Revenue Segments

Rooftop Units

$204M78%

Part Sales

$19M7%

Condensing Units

$15M6%

Air Handlers

$15M6%

Product and Service, Other

$5M2%

Water Source Heat Pumps

$2M1%