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AAON

$80.78

+0.85 (+0.01%)

(Delayed 15 min)

AAON Reports Record Sales, Earnings & Backlog for the Third Quarter of 2022 – TULSA, OK, November 8, 2022 – AAON, Inc. (NASDAQ: AAON) (“AAON” or the “Company”), today announced that its Board of Directors has declared the Company’s next regular semi-annual cash dividend of $0.24 per share (or $0.48 annually), an increase of 26%, payable on December 16, 2022 to stockholders of record as of the close of business on November 28, 2022. PDF

AAON Increases Semi-Annual Cash Dividend & Authorizes $50 Million for Stock Buyback Program – TULSA, OK, November 8, 2022 - AAON, INC. (NASDAQ-AAON), a provider of premier, configurable HVAC solutions that bring long-term value to customers and owners, today announced its results for the third quarter of 2022. PDF

AAON Third Quarter 2022 Conference Call and Webcast – To access the webcast recording, please register at AAON Third Quarter 2022 Conference Call.

2021 AAON Annual Report and Proxy Statement

Download 2021 AAON Annual Report

Download 2022 AAON Proxy Statement

Our performance in the third quarter was excellent. I was particularly pleased to see a material improvement in gross profit margin as a result of our pricing strategy gaining traction. Furthermore, despite supply chain issues persisting, productivity improved throughout the quarter, a reflection of how well our operations are performing. Better productivity, along with an increase in headcount, helped us realize a third straight quarter of record production. Meanwhile, we continue to grow our backlog. Bookings in the quarter were solid. Total bookings increased 36.7% compared to the second quarter of 2022, almost all of which was driven by volume, with a small amount related to pricing.

– Gary Fields, CEO and President, November 7, 2022