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AAON (AAON) Net Income : $178 Mil (TTM As of Dec. 2023)


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What is AAON Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. AAON's Net Income for the three months ended in Dec. 2023 was $47 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $178 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. AAON's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.56.


AAON Net Income Historical Data

The historical data trend for AAON's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AAON Net Income Chart

AAON Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.71 79.01 58.76 100.38 177.62

AAON Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.90 36.81 45.68 48.08 47.05

AAON Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

AAON's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=223.154+-45.531+0+0
=178

AAON's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=63.133+-16.084+0+-7.105427357601E-15
=47

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $178 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AAON  (NAS:AAON) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

AAON's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


AAON Net Income Related Terms

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AAON (AAON) Business Description

Traded in Other Exchanges
Address
2425 South Yukon Avenue, Tulsa, OK, USA, 74107
AAON Inc is a manufacturer of air-conditioning and heating equipment. The products include rooftop units, chillers, packaged outdoor mechanical rooms, air-handling units, makeup air units, energy-recovery units, condensing units, geothermal heat pumps, and self-contained units and coils. AAON's products serve the commercial and industrial new construction and replacement markets, primarily in North America.
Executives
Stephen E Wakefield officer: VP, Engineering 2425 SOUTH YUKON, TULSA OK 74107
Norman H Asbjornson director, 10 percent owner, officer: President AAON INC, 2425 SOUTH YUKON, TULSA OK 74107
Rebecca Thompson officer: Chief Accounting Officer 2425 S YUKON AVE, TULSA OK 74107
David Raymond Stewart director 4221 E. 96TH PLACE, TULSA OK 74137
Gordon Douglas Wichman officer: Vice President 4300 WILLOW BEND DR., LONGVIEW TX 75602
Robert Teis officer: VP, Sales and Marketing 6813 FOXBRIAR DR., TULSA OK 74132
Casey Kidwell officer: VP, Administration 9906 NORTH 108TH EAST PLACE, OWASSO OK 74055
Gary D Fields director 2425 SOUTH YUKON, TULSA OK 74107
Rony D Gadiwalla officer: VP, Information Technology 2425 SOUTH YUKON, TULSA OK 74107
Larry Gene Stewart officer: Vice President 2425 SOUTH YUKON AVE, TULSA OK 74107
Xerxes P Gazder officer: Chief Information Officer 109 N FORESTVIEW LANE, AURORA IL 60502
Stephen O Leclair director 3100 CUMBERLAND BLVD, SUITE 1700, ATLANTA GA 30339
Lackey Paul K Jr director 2200 SOUTH UTICA PL., 6B-GENOA, TULSA OK 74114
Bruce Ware director 3605 PATIENCE BLVD, DALLAS TX 75236
Christopher Douglas Eason officer: Chief Accounting Officer 2425 S YUKON AVE, TULSA OK 74107