AAON Inc (AAON)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 168,559 | 177,623 | 100,376 | 58,758 | 79,009 |
| Revenue | US$ in thousands | 1,200,640 | 1,168,520 | 888,788 | 534,517 | 514,551 |
| Net profit margin | 14.04% | 15.20% | 11.29% | 10.99% | 15.35% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $168,559K ÷ $1,200,640K
= 14.04%
The net profit margin of AAON Inc has shown some variability over the years based on the provided data. As of December 31, 2020, the net profit margin was reported at 15.35%, indicating that for every dollar of revenue generated, the company retained 15.35 cents as profit. However, there was a decrease in the net profit margin to 10.99% by December 31, 2021, suggesting a lower profitability level compared to the previous year.
In the following years, there was a slight improvement in the net profit margin, reaching 11.29% by December 31, 2022, and further increasing to 15.20% by December 31, 2023. This indicated a positive trend in profitability for the company during this period. However, there was a slight decline in the net profit margin to 14.04% by December 31, 2024.
Overall, AAON Inc's net profit margin fluctuated within the range of 10.99% to 15.35% over the years analyzed. It is essential for the company to continue monitoring and managing its expenses and revenue streams effectively to maintain and enhance its profitability levels in the future.
Peer comparison
Dec 31, 2024