AAON, Inc. Overview
Pro stress-test →AAON Inc is 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. With annual sales in excess of $880 million, AAON serves diverse industries including healthcare, education, data centers, and cleanrooms.
Strategic Profile
Pro stress-test →The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BASX. The adjusted backlog grew 71.9% to $1.12 billion, indicating strong market demand. However, the company faces near-term operational challenges from ERP implementation and supply constraints, with significant margin pressure in 2025.
Competitive Landscape
Pro stress-test →AAON competes in the commercial HVAC equipment market against established manufacturers offering rooftop units, air handlers, and custom solutions. The company differentiates through semi-custom configurable systems and emerging data center liquid cooling capabilities via BASX. Competitors include Lennox International and other regional HVAC equipment manufacturers.
Industry Context
AAON, Inc. operates in Commercial HVAC Equipment Manufacturing.
Key facts
Founded: 1988 · Headquarters: Tulsa, Oklahoma, US · Employees: 4,000 · Revenue: $880M+ · Market cap: $6.3B