AAONFRA:AAO -3.35%97 Pretax Margin % is 10.48% as of Mar. 2026, which is 33% below its 10-year median of 15.75. GuruFocus rates FRA:AAO with a GF Score™ of 97/100 and a GF Value™ of €112.81 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,757 Construction companies, AAON ranks better than 68.58% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. AAON's Pre-Tax Income for the
three
months ended in Mar. 2026 was €45 Mil. AAON's Revenue for the
three
months ended in Mar. 2026 was €430 Mil. Therefore, AAON's pretax margin for the quarter that ended in Mar. 2026 was 10.48%.
The historical rank and industry rank for AAON's Pretax Margin % or its related term are showing as below:
FRA:AAO'
s Pretax Margin % Range Over the Past 10 Years
Min: 8.93 Med: 15.75 Max: 20.83
Current: 9.18
FRA:AAO's Pretax Margin % is ranked better than 68.58% of 1757
companies
in the Construction industry
Industry Median: 5.5
vs FRA:AAO: 9.18
AAON (FRA:AAO) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
AAON Pretax Margin % Related Terms
AAON Pretax Margin % Historical Data
* Premium members only.
The historical data trend for AAON's Pretax 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.
FRA:AAO vs OC, BLDR, SPXC: Pretax Margin % Comparison
For the Building Products & Equipment subindustry, AAON's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Construction Industry
For the Construction industry and Industrials sector, AAON's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where AAON's Pretax 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 Pretax Margin % of 10.48% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on AAON and its competitors. This is 33% below median its historical median of 15.75. Over the past decade, AAON's Pretax Margin % has ranged from 8.93 to 20.83. According to the industry distribution chart, AAON ranks #552 out of 1757 companies in the Construction industry, placing it in the top 31.4%.
Is AAON's Pretax Margin % too high?
AAON's current Pretax Margin % of 10.48% is 33% below median its 10-year median of 15.75. Over the past 10 years, this metric has ranged from a low of 8.93 to a high of 20.83. The Construction industry median Pretax Margin % is 5.50. AAON's value of 10.48% is 90.5% above this industry median. Based on the distribution chart, AAON ranks #552 out of 1757 companies in the Construction industry, which is above the industry midpoint. Overall, AAON has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AAON's Pretax Margin % compare to OC and BLDR?
According to the Construction industry distribution chart, AAON ranks #552 out of 1757 companies for Pretax Margin %. This puts AAON in the upper half of its industry. The industry median Pretax Margin % is 5.50. AAON's value of 10.48% is 90.5% above this benchmark. Historically, AAON's own Pretax Margin % has ranged from 8.93 to 20.83 over the past decade. While the company's 10-year median is 15.75 vs. the industry median of 5.50, AAON has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Construction company?
The median Pretax Margin % among Construction companies is 5.50, based on 1,757 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AAON's current Pretax Margin % of 10.48% is 90.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on AAON and its competitors. For the Construction industry, the median Pretax Margin % is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AAON's current Pretax Margin % is 10.48%, which is 33% below median its own 10-year median of 15.75. 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 Modestly Undervalued. The stock's GF Value™ is €112.81, compared to a current price of €101.10 — trading 10.4% below its estimated fair value. The current Pretax Margin % is 10.48%, which is 33% below median its 10-year median of 15.75 and 90.5% above the Construction industry median of 5.50. AAON's overall GF Score™ is 97/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For AAON (FRA:AAO), the current Pretax Margin % is 10.48% 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 undervalued.
The current stock price of €101.10 is trading 10.4% below its estimated GF Value™ of €112.81.
GuruFocus considers AAON to be Modestly Undervalued.
Key valuation signals for FRA:AAO:
Pretax Margin %: 10.48% (33% below median its 10-year median of 15.75)
GF Value™: €112.81 vs. price of €101.10 (10.4% below fair value)
Industry Position: 90.5% above the Construction median (#552 of 1757)
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.
97GF Score
Get the complete analysis for FRA:AAO
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:AAO has been successfully added to your 
