AAON Total Operating Expenses vs Cost Of Revenue Analysis

AAON Stock  USD 76.26  0.13  0.17%   
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 Total Operating Expenses and its Cost Of Revenue 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.

Total Operating Expenses vs Cost Of Revenue

Total Operating Expenses vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AAON Inc Total Operating Expenses account and Cost Of Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between AAON's Total Operating Expenses and Cost Of Revenue is 0.99. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Cost Of Revenue 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 Total Operating Expenses and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of AAON Inc are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Total Operating Expenses i.e., AAON's Total Operating Expenses and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Cost Of Revenue

Cost of Revenue is found on AAON Inc income statement and represents the costs associated with goods and services AAON provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 24th 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

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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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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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.
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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.