What is the current annual debt to equity of AAON?

As of today, AAON annual debt to equity is 0.48

What is 1-year change in AAON annual debt to equity?

AAON annual debt to equity is up +108.70% year-over-year

What is 3-year change in AAON annual debt to equity?

AAON annual debt to equity is up +220.00% over the past 3 years

How far is AAON annual debt to equity from its all-time high?

AAON annual debt to equity is currently -91.92% below its historical high of 5.94 set on December 31, 1990

How does AAON annual debt to equity rank versus sector peers?

AAON annual debt to equity is higher than 52.62% of companies in Industrials sector

When is AAON next annual earnings release?

As of today, the next annual earnings release for AAON has not been scheduled

What is the current quarterly debt to equity of AAON?

As of today, AAON quarterly debt to equity is 0.49

What is AAON quarterly debt to equity most recent change?

AAON quarterly debt to equity was up +2.08% on March 31, 2026

What is 1-year change in AAON quarterly debt to equity?

AAON quarterly debt to equity is up +40.00% year-over-year

How far is AAON quarterly debt to equity from its all-time high?

AAON quarterly debt to equity is currently -95.92% below its historical high of 12.00 set on March 31, 1990

How does AAON quarterly debt to equity rank versus sector peers?

AAON quarterly debt to equity is higher than 52.72% of companies in Industrials sector

When is AAON next earnings release?

The next earnings release for AAON is on August 10, 2026

AAON, Inc. (AAON) Debt To Equity Ratio History & Chart

Annual Debt To Equity

0.480.25+108.70%

December 31, 2025

Summary

Current Value: As of today, AAON annual debt to equity is 0.48, up +108.70% on December 31, 2025
Historical Performance: AAON annual debt to equity is up +220.00% over the past 3 years, up +2300.00% over the past 5 years
All-Time High Comparison: AAON annual debt to equity is currently -91.92% below its historical high of 5.94 set on December 31, 1990
3-Year Low Comparison: AAON annual debt to equity is +433.33% above its 3-year low of 0.09 reached on December 31, 2023
Sector Comparison: AAON annual debt to equity is higher than 52.62% of companies in Industrials sector

Debt To Equity Chart

Performance

AAON Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Debt To Equity	Dec 31, 25	0.48	+108.7%	+220.0%	+2300.0%	+100.0%
Quarterly Debt To Equity	Mar 31, 26	0.49	+40.0%	+226.7%	+2350.0%	+716.7%
Price	Jul 31, 26	$89.06	+6.7%	+26.9%	+115.0%	+1225.3%
Annual Total Debt	Dec 31, 25	$433.38M	+131.7%	+411.7%	+6711.0%	+100.0%
	Dec 31, 25	$894.99M	+8.5%	+59.6%	+155.1%	+666.6%
	Dec 31, 25	2.63	-5.7%	+9.6%	-29.5%	+4.0%
	Dec 31, 25	1.84	+7.0%	+78.6%	-21.4%	+15.0%
	Dec 31, 25	$10.80M	-41.6%	+761.0%	+100.0%	+100.0%
	Dec 31, 25	$422.59M	+150.7%	+406.4%	+6541.3%	+100.0%
	Mar 31, 26	3	-25.0%	-50.0%	-40.0%	-50.0%
	Jul 31, 26	7.35	-42.2%	-49.9%	-64.9%	-35.2%

Debt To Equity Highs

AAON Annual Debt To Equity Highs Comparison
Period	High	Date	Current
3Y	0.48	Dec 31, 25	at high
5Y	0.48	Dec 31, 25	at high
All	5.94	Dec 31, 90	-91.9%

Debt To Equity Lows

AAON Annual Debt To Equity Lows Comparison
Period	Low	Date	Current
3Y	0.09	Dec 31, 23	+433.3%
5Y	0.02	N/A	+2300.0%
All	0.00	Dec 31, 04	N/A

Debt To Equity History

Year	Value	Change
2025	0.48	+108.7%
2024	0.23	+155.6%
2023	0.09	-40.0%
2022	0.15	+7.1%
2021	0.14	+600.0%
2020	0.02	0.0%
2019	0.02	>+9,900.0%
2018	0.00	0.0%
2017	0.00	0.0%
2016	0.00	0.0%
2015	0.00	0.0%
2014	0.00	0.0%
2013	0.00	0.0%
2012	0.00	-100.0%
2011	0.04	>+9,900.0%
2010	0.00	0.0%
2009	0.00	-100.0%
2008	0.03	>+9,900.0%

Year	Value	Change
2007	0.00	0.0%
2006	0.00	0.0%
2005	0.00	0.0%
2004	0.00	-100.0%
2003	0.08	+33.3%
2002	0.06	+20.0%
2001	0.05	-86.5%
2000	0.37	+76.2%
1999	0.21	-56.3%
1998	0.48	-30.4%
1997	0.69	+19.0%
1996	0.58	-32.6%
1995	0.86	-14.9%
1994	1.01	+20.2%
1993	0.84	-53.6%
1992	1.81	-39.7%
1991	3.00	-49.5%
1990	5.94	-

FAQ

What is the current annual debt to equity of AAON?: As of today, AAON annual debt to equity is 0.48
What is 1-year change in AAON annual debt to equity?: AAON annual debt to equity is up +108.70% year-over-year
What is 3-year change in AAON annual debt to equity?: AAON annual debt to equity is up +220.00% over the past 3 years
How far is AAON annual debt to equity from its all-time high?: AAON annual debt to equity is currently -91.92% below its historical high of 5.94 set on December 31, 1990
How does AAON annual debt to equity rank versus sector peers?: AAON annual debt to equity is higher than 52.62% of companies in Industrials sector
When is AAON next annual earnings release?: As of today, the next annual earnings release for AAON has not been scheduled

Debt To Equity Formula

Debt To Equity =

Total Debt

Quarterly Debt To Equity

0.490.01+2.08%

March 31, 2026

Summary

Current Value: As of today, AAON quarterly debt to equity is 0.49, up +2.08% on March 31, 2026
Historical Performance: AAON quarterly debt to equity is up +40.00% year-over-year, up +226.67% over the past 3 years
All-Time High Comparison: AAON quarterly debt to equity is currently -95.92% below its historical high of 12.00 set on March 31, 1990
3-Year Low Comparison: AAON quarterly debt to equity is +1125.00% above its 3-year low of 0.04 reached on March 31, 2024
Sector Comparison: AAON quarterly debt to equity is higher than 52.72% of companies in Industrials sector

Performance

AAON Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Debt To Equity	Mar 31, 26	0.49	+2.1%	+40.0%	+226.7%	+2350.0%
Annual Debt To Equity	Dec 31, 25	0.48	–	+108.7%	+220.0%	+2300.0%
Price	Jul 31, 26	$89.06	-4.5%	+6.7%	+26.9%	+115.0%
Quarterly Total Debt	Mar 31, 26	$459.65M	+6.1%	+61.9%	+401.9%	+7112.4%
	Mar 31, 26	$934.21M	+4.4%	+14.5%	+53.3%	+150.4%
	Mar 31, 26	2.62	-0.4%	-5.4%	-6.1%	-28.8%
	Mar 31, 26	1.75	-4.9%	-2.8%	+30.6%	-27.7%
	Mar 31, 26	$10.89M	+0.8%	-41.0%	+646.3%	+100.0%
	Mar 31, 26	$448.76M	+6.2%	+69.0%	+397.9%	+6941.5%
	Mar 31, 26	3	0.0%	-25.0%	-50.0%	-40.0%
	Jul 31, 26	7.35	-3.3%	-42.2%	-49.9%	-64.9%

Quarterly Debt To Equity Highs

AAON Quarterly Debt To Equity Highs Comparison
Period	High	Date	Current
1Y	0.49	Mar 31, 26	at high
3Y	0.49	Mar 31, 26	at high
5Y	0.49	Mar 31, 26	at high
All	12.00	Mar 31, 90	-95.9%

Quarterly Debt To Equity Lows

AAON Quarterly Debt To Equity Lows Comparison
Period	Low	Date	Current
1Y	0.42	N/A	+16.7%
3Y	0.04	Mar 31, 24	+1125.0%
5Y	0.02	Sep 30, 21	+2350.0%
All	0.00	Jun 30, 02	N/A

Quarterly Debt To Equity History

Month	Value	Change
Mar 2026	0.49	+2.1%
Dec 2025	0.48	+4.3%
Sep 2025	0.46	+9.5%
Jun 2025	0.42	+20.0%
Mar 2025	0.35	+52.2%
Dec 2024	0.23	+109.1%
Sep 2024	0.11	-31.3%
Jun 2024	0.16	+300.0%
Mar 2024	0.04	-55.6%
Dec 2023	0.09	-40.0%
Sep 2023	0.15	+7.1%
Jun 2023	0.14	-6.7%
Mar 2023	0.15	+7.1%
Dec 2022	0.14	-12.5%
Sep 2022	0.16	-33.3%
Jun 2022	0.24	+60.0%
Mar 2022	0.15	+50.0%
Dec 2021	0.10	+400.0%
Sep 2021	0.02	0.0%
Jun 2021	0.02	0.0%
Mar 2021	0.02	0.0%
Dec 2020	0.02	0.0%
Sep 2020	0.02	0.0%
Jun 2020	0.02	0.0%
Mar 2020	0.02	0.0%
Dec 2019	0.02	>+9,900.0%
Sep 2019	0.00	0.0%
Jun 2019	0.00	0.0%
Mar 2019	0.00	0.0%
Dec 2018	0.00	0.0%
Sep 2018	0.00	0.0%
Jun 2018	0.00	0.0%
Mar 2018	0.00	0.0%
Dec 2017	0.00	0.0%
Sep 2017	0.00	0.0%
Jun 2017	0.00	0.0%
Mar 2017	0.00	0.0%
Dec 2016	0.00	0.0%
Sep 2016	0.00	0.0%
Jun 2016	0.00	0.0%
Mar 2016	0.00	0.0%
Dec 2015	0.00	0.0%
Sep 2015	0.00	0.0%
Jun 2015	0.00	0.0%
Mar 2015	0.00	0.0%
Dec 2014	0.00	0.0%
Sep 2014	0.00	0.0%
Jun 2014	0.00	0.0%
Mar 2014	0.00	0.0%
Dec 2013	0.00	0.0%
Sep 2013	0.00	0.0%
Jun 2013	0.00	0.0%
Mar 2013	0.00	0.0%
Dec 2012	0.00	0.0%
Sep 2012	0.00	-100.0%
Jun 2012	0.06	>+9,900.0%
Mar 2012	0.00	-100.0%
Dec 2011	0.04	-63.6%
Sep 2011	0.11	+83.3%
Jun 2011	0.06	0.0%
Mar 2011	0.06	>+9,900.0%
Dec 2010	0.00	-100.0%
Sep 2010	0.03	>+9,900.0%
Jun 2010	0.00	0.0%
Mar 2010	0.00	0.0%
Dec 2009	0.00	0.0%
Sep 2009	0.00	0.0%
Jun 2009	0.00	0.0%
Mar 2009	0.00	-100.0%
Dec 2008	0.03	0.0%
Sep 2008	0.03	-40.0%
Jun 2008	0.05	>+9,900.0%
Mar 2008	0.00	0.0%

Month	Value	Change
Dec 2007	0.00	0.0%
Sep 2007	0.00	0.0%
Jun 2007	0.00	0.0%
Mar 2007	0.00	0.0%
Dec 2006	0.00	-100.0%
Sep 2006	0.07	+133.3%
Jun 2006	0.03	>+9,900.0%
Mar 2006	0.00	0.0%
Dec 2005	0.00	-100.0%
Sep 2005	0.01	0.0%
Jun 2005	0.01	-50.0%
Mar 2005	0.02	>+9,900.0%
Dec 2004	0.00	-100.0%
Sep 2004	0.05	>+9,900.0%
Jun 2004	0.00	-100.0%
Mar 2004	0.01	-87.5%
Dec 2003	0.08	>+9,900.0%
Sep 2003	0.00	-100.0%
Jun 2003	0.03	>+9,900.0%
Mar 2003	0.00	-100.0%
Dec 2002	0.06	>+9,900.0%
Sep 2002	0.00	0.0%
Jun 2002	0.00	-100.0%
Mar 2002	0.07	+40.0%
Dec 2001	0.05	-73.7%
Sep 2001	0.19	-44.1%
Jun 2001	0.34	-19.0%
Mar 2001	0.42	+13.5%
Dec 2000	0.37	-17.8%
Sep 2000	0.45	+21.6%
Jun 2000	0.37	+32.1%
Mar 2000	0.28	+33.3%
Dec 1999	0.21	-22.2%
Sep 1999	0.27	+3.8%
Jun 1999	0.26	-31.6%
Mar 1999	0.38	-20.8%
Dec 1998	0.48	-22.6%
Sep 1998	0.62	+5.1%
Jun 1998	0.59	-3.3%
Mar 1998	0.61	-11.6%
Dec 1997	0.69	-1.4%
Sep 1997	0.70	+40.0%
Jun 1997	0.50	-5.7%
Mar 1997	0.53	-8.6%
Dec 1996	0.58	+9.4%
Sep 1996	0.53	-30.3%
Jun 1996	0.76	+16.9%
Mar 1996	0.65	-24.4%
Dec 1995	0.86	-1.1%
Sep 1995	0.87	+13.0%
Jun 1995	0.77	+2.7%
Mar 1995	0.75	-25.0%
Dec 1994	1.00	+5.3%
Sep 1994	0.95	+66.7%
Jun 1994	0.57	-17.4%
Mar 1994	0.69	-17.9%
Dec 1993	0.84	-49.4%
Sep 1993	1.66	+11.4%
Jun 1993	1.49	-19.5%
Mar 1993	1.85	+2.2%
Dec 1992	1.81	-6.7%
Sep 1992	1.94	-24.5%
Jun 1992	2.57	-8.5%
Mar 1992	2.81	-6.3%
Dec 1991	3.00	-3.5%
Sep 1991	3.11	-20.1%
Jun 1991	3.89	-29.3%
Mar 1991	5.50	-7.4%
Dec 1990	5.94	0.0%
Sep 1990	5.94	-22.6%
Jun 1990	7.67	-36.1%
Mar 1990	12.00	-

FAQ

What is the current quarterly debt to equity of AAON?: As of today, AAON quarterly debt to equity is 0.49
What is AAON quarterly debt to equity most recent change?: AAON quarterly debt to equity was up +2.08% on March 31, 2026
What is 1-year change in AAON quarterly debt to equity?: AAON quarterly debt to equity is up +40.00% year-over-year
How far is AAON quarterly debt to equity from its all-time high?: AAON quarterly debt to equity is currently -95.92% below its historical high of 12.00 set on March 31, 1990
How does AAON quarterly debt to equity rank versus sector peers?: AAON quarterly debt to equity is higher than 52.72% of companies in Industrials sector
When is AAON next earnings release?: The next earnings release for AAON is on August 10, 2026

Debt To Equity Formula

Debt To Equity =

Total Debt

Data Sources & References

AAON Official Website www.aaon.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/824142/000082414226000005/0000824142-26-000005-index.htm
AAON Profile on Yahoo Finance finance.yahoo.com/quote/AAON
AAON Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/aaon