Aaon Return on Equity (ROE) Growth & History (AAON)
Aaon's return on equity was 12.51% for fiscal 2025.
View full Aaon company overviewAaon annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 12.51% | −9.10 pp |
| 2024 | 2024-12-31 | 21.61% | −5.80 pp |
| 2023 | 2023-12-31 | 27.41% | +7.86 pp |
| 2022 | 2022-12-31 | 19.55% | +5.17 pp |
| 2021 | 2021-12-31 | 14.38% | −10.27 pp |
| 2020 | 2020-12-31 | 24.65% | +4.74 pp |
| 2019 | 2019-12-31 | 19.91% | +2.57 pp |
| 2018 | 2018-12-31 | 17.33% | −6.73 pp |
| 2017 | 2017-12-31 | 24.07% | −3.49 pp |
| 2016 | 2016-12-31 | 27.56% | +1.65 pp |
| 2015 | 2015-12-31 | 25.91% | −0.21 pp |
| 2014 | 2014-12-31 | 26.12% | +1.27 pp |
| 2013 | 2013-12-31 | 24.85% | +3.78 pp |
| 2012 | 2012-12-31 | 21.06% | +9.37 pp |
| 2011 | 2011-12-31 | 11.69% | −6.96 pp |
| 2010 | 2010-12-31 | 18.65% | −9.42 pp |
| 2009 | 2009-12-31 | 28.07% | — |
| 2001 | 2001-12-31 | 32.52% | — |
Aaon quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 5.83% | +3.95 pp |
| Q1 2026 | 2026-03-31 | 4.35% | +0.78 pp |
| Q4 2025 | 2025-12-31 | 3.64% | +0.60 pp |
| Q3 2025 | 2025-09-30 | 3.63% | −3.22 pp |
| Q2 2025 | 2025-06-30 | 1.88% | −4.97 pp |
| Q1 2025 | 2025-03-31 | 3.57% | −1.56 pp |
| Q4 2024 | 2024-12-31 | 3.05% | −3.59 pp |
| Q3 2024 | 2024-09-30 | 6.85% | −0.32 pp |
| Q2 2024 | 2024-06-30 | 6.85% | −0.35 pp |
| Q1 2024 | 2024-03-31 | 5.13% | −1.16 pp |
| Q4 2023 | 2023-12-31 | 6.64% | −0.54 pp |
| Q3 2023 | 2023-09-30 | 7.16% | +1.75 pp |
| Q2 2023 | 2023-06-30 | 7.20% | +3.91 pp |
| Q1 2023 | 2023-03-31 | 6.29% | +2.48 pp |
| Q4 2022 | 2022-12-31 | 7.17% | +5.75 pp |
| Q3 2022 | 2022-09-30 | 5.42% | +1.44 pp |
| Q2 2022 | 2022-06-30 | 3.29% | −2.16 pp |
| Q1 2022 | 2022-03-31 | 3.82% | −0.71 pp |
| Q4 2021 | 2021-12-31 | 1.43% | −4.00 pp |
| Q3 2021 | 2021-09-30 | 3.97% | −2.15 pp |
| Q2 2021 | 2021-06-30 | 5.45% | −0.21 pp |
| Q1 2021 | 2021-03-31 | 4.52% | −2.80 pp |
| Q4 2020 | 2020-12-31 | 5.43% | −0.60 pp |
| Q3 2020 | 2020-09-30 | 6.13% | +0.93 pp |
| Q2 2020 | 2020-06-30 | 5.66% | +0.61 pp |
| Q1 2020 | 2020-03-31 | 7.33% | +3.91 pp |
| Q4 2019 | 2019-12-31 | 6.04% | +0.86 pp |
| Q3 2019 | 2019-09-30 | 5.20% | −0.72 pp |
| Q2 2019 | 2019-06-30 | 5.05% | +0.16 pp |
| Q1 2019 | 2019-03-31 | 3.42% | +2.10 pp |
| Q4 2018 | 2018-12-31 | 5.17% | −1.55 pp |
| Q3 2018 | 2018-09-30 | 5.92% | −0.65 pp |
| Q2 2018 | 2018-06-30 | 4.89% | −1.53 pp |
| Q1 2018 | 2018-03-31 | 1.32% | −3.54 pp |
| Q4 2017 | 2017-12-31 | 6.72% | +1.19 pp |
| Q3 2017 | 2017-09-30 | 6.57% | −1.28 pp |
| Q2 2017 | 2017-06-30 | 6.42% | −1.25 pp |
| Q1 2017 | 2017-03-31 | 4.86% | −1.42 pp |
| Q4 2016 | 2016-12-31 | 5.53% | −1.34 pp |
| Q3 2016 | 2016-09-30 | 7.85% | +0.98 pp |
| Q2 2016 | 2016-06-30 | 7.68% | +1.65 pp |
| Q1 2016 | 2016-03-31 | 6.28% | +1.57 pp |
| Q4 2015 | 2015-12-31 | 6.86% | +0.90 pp |
| Q3 2015 | 2015-09-30 | 6.87% | −0.11 pp |
| Q2 2015 | 2015-06-30 | 6.02% | −0.47 pp |
| Q1 2015 | 2015-03-31 | 4.72% | −1.13 pp |
| Q4 2014 | 2014-12-31 | 5.97% | +1.20 pp |
| Q3 2014 | 2014-09-30 | 6.97% | +0.28 pp |
| Q2 2014 | 2014-06-30 | 6.50% | −1.65 pp |
| Q1 2014 | 2014-03-31 | 5.84% | +0.80 pp |
| Q4 2013 | 2013-12-31 | 4.76% | −0.74 pp |
| Q3 2013 | 2013-09-30 | 6.69% | +2.23 pp |
| Q2 2013 | 2013-06-30 | 8.15% | +0.94 pp |
| Q1 2013 | 2013-03-31 | 5.04% | +1.37 pp |
| Q4 2012 | 2012-12-31 | 5.51% | +4.81 pp |
| Q3 2012 | 2012-09-30 | 4.47% | −0.12 pp |
| Q2 2012 | 2012-06-30 | 7.20% | +3.96 pp |
| Q1 2012 | 2012-03-31 | 3.67% | — |
| Q4 2011 | 2011-12-31 | 0.70% | — |
| Q3 2011 | 2011-09-30 | 4.59% | — |
| Q2 2011 | 2011-06-30 | 3.24% | — |
Aaon return on equity trends
Over the last five fiscal years, Aaon's return on equity decreased from 24.65% to 12.51%, a change of −12.14 percentage points. The latest reported quarter, Q2 2026, shows 5.83%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Aaon source filings ↗