Education
About Us
Working with TipRanks
Follow Us
Aaon Inc (AAON)
NASDAQ:AAON
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.47Last Year’s EPS
0.62Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: 8.38%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed performance for AAON, Inc. Significant sales growth and a record backlog, driven by BASX-branded equipment, are notable positives. However, these are offset by challenges in the AAON-branded segment, including declining sales, gross margin contraction, and supply chain issues related to refrigerant transition. Despite operational efficiencies and new product introductions, the financial strain from increased SG&A expenses and lower EPS suggests a cautious outlook.Company Guidance
During the first quarter of 2025, AAON, Incorporated reported strong financial performance with a 22.9% year-over-year increase in net sales, reaching $322.1 million. This growth was primarily driven by a remarkable 374.8% surge in BASX-branded equipment sales, while AAON-branded equipment sales declined by 19.1%. The total backlog reached a record $1 billion, up 83.9% year-over-year. Gross profit decreased by 6.4% to $86.4 million, with gross margins contracting due to lower production volumes of AAON-branded rooftop units. However, segment margins improved in the AAON Coil Products and BASX segments, with increases of 100 and 350 basis points, respectively. Diluted earnings per share stood at $0.35, down 23.9% from the previous year, with an effective tax rate of 9.8%. The company maintained its full-year outlook, anticipating mid- to high-teens sales growth and capital expenditures of $220 million.Record Sales Growth
Total net sales grew year-over-year 22.9% to $322.1 million, driven by a 374.8% increase in BASX-branded equipment sales.
Strong Backlog
Total backlog finished the quarter at a record level of $1 billion, up year-over-year 83.9% and up quarter-over-quarter 18.4%.
Operational Efficiency in BASX and AAON Coil Products
Gross margin at the BASX and AAON Coil Products segments expanded by 350 and 100 basis points, respectively, due to operational efficiency improvements.
Positive Booking Trends
Bookings of both AAON-branded and BASX-branded equipment were robust, with backlog of AAON-branded equipment up quarter-over-quarter 23.4%.
Introduction of New Products
Introduction of the next generation Alpha Class series heat pump, operable down to negative 20 degrees Fahrenheit, meeting DOE's commercial heat pump challenge two years in advance.
---
AAON Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
AAON Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 01, 2025 | $91.27 | $96.46 | +5.69% |
| Feb 27, 2025 | $101.90 | $78.54 | -22.92% |
| Nov 07, 2024 | $118.89 | $137.99 | +16.07% |
| Aug 01, 2024 | $86.67 | $85.55 | -1.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Aaon Inc (AAON) report earnings?
Aaon Inc (AAON) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Aaon Inc (AAON) earnings time?
Aaon Inc (AAON) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AAON EPS forecast?
AAON EPS forecast for the fiscal quarter 2025 (Q2) is 0.47.
---