AAON Gross Profit vs Research Development Analysis

AAON Stock  USD 74.88  0.02  0.03%   
AAON financial indicator trend analysis is way more than just evaluating AAON Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AAON Inc is a good investment. Please check the relationship between AAON Gross Profit and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAON Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

Gross Profit vs Research Development

Gross Profit vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AAON Inc Gross Profit account and Research Development. At this time, the significance of the direction appears to have almost identical trend.
The correlation between AAON's Gross Profit and Research Development is 0.93. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Research Development in the same time period over historical financial statements of AAON Inc, assuming nothing else is changed. The correlation between historical values of AAON's Gross Profit and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of AAON Inc are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Gross Profit i.e., AAON's Gross Profit and Research Development go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of AAON Inc minus its cost of goods sold. It is profit before AAON operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Research Development

Most indicators from AAON's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AAON Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAON Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
At this time, AAON's Selling General Administrative is very stable compared to the past year. As of the 18th of May 2024, Enterprise Value Over EBITDA is likely to grow to 23.16, while Tax Provision is likely to drop about 24.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit137.8M237.6M385.3M404.5M
Total Revenue534.5M888.8M1.2B1.2B

AAON fundamental ratios Correlations

0.920.850.971.00.990.680.990.85-0.010.99-0.160.970.450.970.99-0.140.340.980.990.99-0.120.030.920.660.82
0.920.910.950.90.870.860.860.91-0.250.93-0.390.910.460.960.94-0.320.320.970.950.89-0.340.260.960.420.6
0.850.910.870.830.780.810.790.8-0.310.85-0.30.890.230.880.83-0.230.290.890.870.82-0.610.410.880.460.64
0.970.950.870.950.950.730.940.93-0.070.96-0.220.950.440.950.98-0.160.360.990.970.96-0.160.150.910.620.75
1.00.90.830.950.990.641.00.820.030.99-0.130.970.440.950.98-0.120.340.970.980.99-0.080.00.890.690.85
0.990.870.780.950.990.60.990.830.070.98-0.120.940.470.940.98-0.10.330.960.970.980.0-0.090.880.70.83
0.680.860.810.730.640.60.570.76-0.70.72-0.770.730.210.770.72-0.410.40.760.750.6-0.530.360.850.120.32
0.990.860.790.941.00.990.570.780.10.97-0.060.960.430.920.97-0.070.330.940.960.99-0.01-0.040.850.740.88
0.850.910.80.930.820.830.760.78-0.180.86-0.350.80.440.890.88-0.250.380.920.870.81-0.230.140.890.440.52
-0.01-0.25-0.31-0.070.030.07-0.70.1-0.18-0.060.91-0.130.29-0.11-0.060.35-0.38-0.1-0.090.080.57-0.37-0.270.310.19
0.990.930.850.960.990.980.720.970.86-0.06-0.230.950.460.980.98-0.180.350.991.00.96-0.150.010.950.620.78
-0.16-0.39-0.3-0.22-0.13-0.12-0.77-0.06-0.350.91-0.23-0.250.07-0.28-0.240.39-0.39-0.26-0.26-0.060.35-0.2-0.410.320.17
0.970.910.890.950.970.940.730.960.8-0.130.95-0.250.310.920.97-0.110.390.950.960.97-0.190.190.870.630.82
0.450.460.230.440.440.470.210.430.440.290.460.070.310.50.440.09-0.270.480.460.430.17-0.220.470.210.22
0.970.960.880.950.950.940.770.920.89-0.110.98-0.280.920.50.96-0.230.30.990.990.92-0.260.080.980.50.68
0.990.940.830.980.980.980.720.970.88-0.060.98-0.240.970.440.96-0.20.380.980.990.98-0.090.060.920.630.78
-0.14-0.32-0.23-0.16-0.12-0.1-0.41-0.07-0.250.35-0.180.39-0.110.09-0.23-0.2-0.5-0.2-0.21-0.060.29-0.23-0.320.210.11
0.340.320.290.360.340.330.40.330.38-0.380.35-0.390.39-0.270.30.38-0.50.330.350.32-0.010.220.320.240.32
0.980.970.890.990.970.960.760.940.92-0.10.99-0.260.950.480.990.98-0.20.330.990.95-0.220.110.960.570.72
0.990.950.870.970.980.970.750.960.87-0.091.0-0.260.960.460.990.99-0.210.350.990.96-0.180.040.960.590.76
0.990.890.820.960.990.980.60.990.810.080.96-0.060.970.430.920.98-0.060.320.950.96-0.060.080.850.710.86
-0.12-0.34-0.61-0.16-0.080.0-0.53-0.01-0.230.57-0.150.35-0.190.17-0.26-0.090.29-0.01-0.22-0.18-0.06-0.61-0.350.190.06
0.030.260.410.150.0-0.090.36-0.040.14-0.370.01-0.20.19-0.220.080.06-0.230.220.110.040.08-0.610.08-0.22-0.08
0.920.960.880.910.890.880.850.850.89-0.270.95-0.410.870.470.980.92-0.320.320.960.960.85-0.350.080.450.61
0.660.420.460.620.690.70.120.740.440.310.620.320.630.210.50.630.210.240.570.590.710.19-0.220.450.94
0.820.60.640.750.850.830.320.880.520.190.780.170.820.220.680.780.110.320.720.760.860.06-0.080.610.94
Click cells to compare fundamentals

AAON Account Relationship Matchups

AAON fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets371.4M449.0M650.2M813.9M983.8M1.0B
Other Current Liab3.3M2.6M48.6M77.4M83.5M87.7M
Total Current Liabilities56.0M59.0M86.8M145.6M126.7M133.1M
Total Stockholder Equity290.1M350.9M466.2M560.7M735.2M772.0M
Property Plant And Equipment Net179.8M224.9M275.0M311.9M381.7M400.8M
Net Debt(20.5M)(72.7M)37.1M66.8M53.7M56.4M
Retained Earnings286.3M345.5M384.3M461.8M612.8M643.5M
Accounts Payable11.8M12.4M29.0M45.5M27.5M28.9M
Cash26.8M79.0M2.9M5.5M9.0M8.7M
Non Current Assets Total183.9M228.8M432.1M464.8M574.8M603.6M
Cash And Short Term Investments26.8M79.0M2.9M5.5M9.0M12.8M
Net Receivables68.2M52.0M82.3M142.3M183.3M192.5M
Common Stock Shares Outstanding79.0M79.6M80.6M81.1M83.3M52.0M
Liabilities And Stockholders Equity371.4M449.0M650.2M813.9M983.8M1.0B
Non Current Liabilities Total25.3M39.1M97.2M107.6M121.8M127.9M
Inventory73.6M82.2M130.3M198.9M213.5M224.2M
Other Current Assets19.0M7.0M2.7M1.9M3.1M4.4M
Other Stockholder Equity3.6M5.2M81.7M98.7M122.1M128.2M
Total Liab81.3M98.1M184.0M253.2M248.6M261.0M
Property Plant And Equipment Gross179.8M224.9M482.2M556.9M665.2M698.5M
Total Current Assets187.5M220.3M218.1M349.1M409.0M429.4M
Short Term Debt36.4M38.9M1.6M1.3M2.0M1.9M
Non Currrent Assets Other(12.5M)(12.4M)(17.4M)6.4M816K856.8K
Intangible Assets272K38K70.1M64.6M68.1M71.5M
Property Plant Equipment178.1M223.3M275.0M311.9M358.6M376.6M
Current Deferred Revenue4.6M5.1M7.5M21.4M13.8M14.4M
Other Liab25.3M37.5M57.2M30.6M35.2M18.0M
Net Tangible Assets286.6M347.6M310.3M414.2M476.3M259.0M
Other Assets597K579K1.2M6.4M7.4M7.8M
Retained Earnings Total Equity247.3M286.3M345.5M384.3M442.0M248.3M
Deferred Long Term Liab12.5M15.3M28.3M32.0M36.8M38.6M
Long Term Investments678K598K597K579K521.1K495.0K

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether AAON Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AAON's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aaon Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aaon Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAON Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for AAON Stock analysis

When running AAON's price analysis, check to measure AAON's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AAON is operating at the current time. Most of AAON's value examination focuses on studying past and present price action to predict the probability of AAON's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AAON's price. Additionally, you may evaluate how the addition of AAON to your portfolios can decrease your overall portfolio volatility.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Transaction History
View history of all your transactions and understand their impact on performance
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Fundamental Analysis
View fundamental data based on most recent published financial statements
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is AAON's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AAON. If investors know AAON will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AAON listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.69)
Dividend Share
0.32
Earnings Share
2.15
Revenue Per Share
14.298
Quarterly Revenue Growth
0.168
The market value of AAON Inc is measured differently than its book value, which is the value of AAON that is recorded on the company's balance sheet. Investors also form their own opinion of AAON's value that differs from its market value or its book value, called intrinsic value, which is AAON's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AAON's market value can be influenced by many factors that don't directly affect AAON's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AAON's value and its price as these two are different measures arrived at by different means. Investors typically determine if AAON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAON's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.