AAON Inc (AAON)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 34.26% | 32.81% | 30.13% | 27.57% | 26.63% | 23.99% | 23.23% | 24.91% | 25.61% | 28.07% | 29.27% | 29.49% | 30.14% | 30.27% | 28.89% | 27.70% | 25.42% | 24.13% | 25.34% | 25.32% |
| Operating profit margin | 19.53% | 18.85% | 17.42% | 15.18% | 14.21% | 11.07% | 10.28% | 12.20% | 12.87% | 17.31% | 18.63% | 18.68% | 19.69% | 19.00% | 17.60% | 16.86% | 14.26% | 13.25% | 14.39% | 14.08% |
| Pretax margin | 19.16% | 18.46% | 17.02% | 14.86% | 13.96% | 10.87% | 10.19% | 12.15% | 12.86% | 17.32% | 18.66% | 18.70% | 19.72% | 19.01% | 17.61% | 16.87% | 14.27% | 13.25% | 14.40% | 14.10% |
| Net profit margin | 15.25% | 15.20% | 14.23% | 12.22% | 11.25% | 8.75% | 8.30% | 9.99% | 10.92% | 13.81% | 14.89% | 14.85% | 15.28% | 14.80% | 14.20% | 13.52% | 11.43% | 10.75% | 10.81% | 10.67% |
AAON Inc.'s profitability ratios have shown a consistent improvement over the quarters, reflecting a positive trend in the company's ability to generate profits. The gross profit margin has been steadily increasing over the periods, reaching 34.15% in Q4 2023, indicating the company's ability to efficiently manage production costs.
The operating profit margin has also shown a positive trend, with a steady increase to 19.47% in Q4 2023. This implies that AAON Inc. is effectively controlling its operating expenses and generating higher profits from its core business operations.
The pretax margin has similarly exhibited a favorable progression, reaching 19.10% in Q4 2023. This metric reflects the company's ability to manage its pre-tax earnings relative to its total revenue, highlighting improved operational efficiency and cost management.
Furthermore, the net profit margin has consistently improved, reaching 15.20% in Q4 2023. This ratio indicates the company's ability to control its expenses, including taxes and interest costs, to generate net income, showcasing a positive financial performance for AAON Inc.
Overall, the increasing trend in all profitability ratios demonstrates AAON Inc.'s strong financial performance and efficient management of costs, contributing to sustainable profitability and potential value creation for shareholders.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 24.16% | 22.25% | 19.60% | 17.05% | 15.57% | 10.89% | 8.89% | 10.29% | 10.65% | 17.34% | 18.95% | 19.14% | 22.68% | 22.58% | 20.53% | 21.06% | 18.04% | 17.31% | 19.31% | 19.82% |
| Return on assets (ROA) | 18.87% | 17.94% | 16.01% | 13.73% | 12.33% | 8.61% | 7.18% | 8.42% | 9.04% | 13.84% | 15.14% | 15.21% | 17.60% | 17.59% | 16.57% | 16.89% | 14.46% | 14.04% | 14.51% | 15.01% |
| Return on total capital | 30.94% | 27.63% | 24.67% | 21.35% | 20.07% | 14.26% | 11.57% | 13.54% | 13.68% | 22.01% | 24.49% | 24.38% | 28.51% | 28.28% | 26.82% | 26.65% | 22.60% | 21.79% | 24.96% | 24.39% |
| Return on equity (ROE) | 24.16% | 24.83% | 22.55% | 19.55% | 17.90% | 12.92% | 11.37% | 12.59% | 12.60% | 17.85% | 19.90% | 19.71% | 22.52% | 22.44% | 22.07% | 21.81% | 18.51% | 17.67% | 18.76% | 18.48% |
Based on the data provided, we can see a positive trend in AAON Inc.'s profitability ratios over the quarters.
- The Operating return on assets (Operating ROA) has been steadily increasing from 10.32% in Q1 2022 to 24.16% in Q4 2023, indicating the company's ability to generate profits from its assets through operations.
- Return on assets (ROA) has also shown an upward trend, growing from 8.42% in Q1 2022 to 18.87% in Q4 2023. This suggests that AAON Inc. has been effectively utilizing its assets to generate profits.
- Return on total capital has been consistently increasing, reaching 28.95% in Q4 2023 from 13.59% in Q1 2022. This ratio indicates how efficiently AAON Inc. generates profits from both debt and equity capital invested in the company.
- Return on equity (ROE) has exhibited a positive trend, moving from 11.37% in Q2 2022 to 24.16% in Q4 2023. This suggests that AAON Inc. has been successful in generating a favorable return for its shareholders.
Overall, the increasing trend in these profitability ratios reflects the company's improving financial performance and efficiency in generating profits from its assets and capital. It indicates a positive outlook for AAON Inc. in terms of profitability and return on investment.