FCF Margin % is calculated as Free Cash Flow divided by its Revenue. AAON's Free Cash Flow for the
three
months ended in Mar. 2026 was €-16 Mil. AAON's Revenue for the
three
months ended in Mar. 2026 was €430 Mil. Therefore, AAON's FCF Margin % for the quarter that ended in Mar. 2026 was -3.81%.
The historical rank and industry rank for AAON's FCF Margin % or its related term are showing as below:
FRA:AAO'
s FCF Margin % Range Over the Past 10 Years
Min: -14.17 Med: 4.04 Max: 12.95
Current: -10.12
During the past 13 years, the highest FCF Margin % of AAON was 12.95%. The lowest was -14.17%. And the median was 4.04%.
FRA:AAO's FCF Margin % is ranked worse than 81.65% of 1771
companies
in the Construction industry
Industry Median: 2.62
vs FRA:AAO: -10.12
AAON FCF Margin % Related Terms
AAON FCF Margin % Historical Data
* Premium members only.
The historical data trend for AAON's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Building Products & Equipment subindustry, AAON's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AAON FCF Margin % vs Construction Industry
For the Construction industry and Industrials sector, AAON's FCF Margin % distribution charts can be found below:
* The bar in red indicates where AAON's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
AAON (FRA:AAO) has a FCF Margin % of -3.81% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on AAON and its competitors. According to the industry distribution chart, AAON ranks #1446 out of 1771 companies in the Construction industry, placing it in the top 81.6%.
Is AAON's FCF Margin % too high?
AAON's current FCF Margin % is -3.81%. Based on the distribution chart, AAON ranks #1446 out of 1771 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, AAON has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AAON's FCF Margin % compare to SPXC and WMS?
According to the Construction industry distribution chart, AAON ranks #1446 out of 1771 companies for FCF Margin %. This places AAON in the lower half of its industry. The industry median FCF Margin % is 2.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Construction company?
The median FCF Margin % among Construction companies is 2.62, based on 1,771 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on AAON and its competitors. For the Construction industry, the median FCF Margin % is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AAON's current FCF Margin % is -3.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AAON stock overvalued right now?
Based on GuruFocus' analysis, AAON (FRA:AAO) is currently considered Fairly Valued. The stock's GF Value™ is €106.70, compared to a current price of €113.55 — trading 6.4% above its estimated fair value. The current FCF Margin % is -3.81%. AAON's overall GF Score™ is 95/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For AAON (FRA:AAO), the current FCF Margin % is -3.81% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is AAON (FRA:AAO) Overvalued in 2026?
Based on GuruFocus' analysis, AAON stock appears to be overvalued.
The current stock price of €113.55 is trading 6.4% above its estimated GF Value™ of €106.70.
GuruFocus considers AAON to be Fairly Valued.
Key valuation signals for FRA:AAO:
FCF Margin %: -3.81%
GF Value™: €106.70 vs. price of €113.55 (6.4% above fair value)
No single metric tells the full story. See the FRA:AAO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AAON Inc is a manufacturer of air-conditioning and heating equipment. The products include rooftop units, chillers, packaged outdoor mechanical rooms, air-handling units, makeup air units, energy-recovery units, condensing units, geothermal heat pumps, and self-contained units and coils. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BASX. It generates the majority of its revenue from the AAON Oklahoma segment which derives maximum revenue, engineers, manufactures, and sells, semi-custom, and custom HVAC systems, designs and manufactures control solutions, and sells retail parts to customers through retail part stores and online.
95GF Score
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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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