AAON Inc (AAON)

Debt-to-equity ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 824,582 796,856 740,498 784,808 735,224 682,484 660,111 609,414 560,714 523,858 490,506 480,156 466,170 400,279 383,726 373,038 350,865 344,892 322,695 306,323
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $824,582K
= 0.00

The debt-to-equity ratio for AAON Inc has consistently been 0.00 for all the quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not taken on any debt during this period in relation to its equity. A debt-to-equity ratio of 0.00 signifies that the company is using zero debt to finance its operations and growth, relying solely on equity to fund its activities. While this can be a positive sign of financial stability and strength, it's important to consider the context and the company's specific circumstances to fully evaluate the implications of this ratio.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-equity ratio
AAON Inc
AAON
0.00
Carrier Global Corp
CARR
0.00
Lennox International Inc
LII
0.00