Aaon (AAON) FY2015 results: revenue $359 million, up 0.6% on the year
Aaon, Inc. (AAON) reported revenue of $359 million for fiscal 2015, the year ended 31 December 2015, up 0.6% on the year before. Net income was $46 million, up 3.6%, and diluted earnings per share $0.56. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2016.
Revenue
$359 million
+0.6% on the year
FY2009FY2015
Operating margin
19.9%
19.1% a year earlier
FY2009FY2015
Net income
$46 million
+3.6% on the year
FY2009FY2015
Diluted EPS
$0.56
+5.0% on the year
FY2009FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
359
356
321
+0.6%
Cost of revenue
250
248
231
+0.8%
Gross profit
109
108
89.8
+0.4%
Gross margin
30.3%
30.4%
28.0%
Research and development
7.5
6.3
5.2
+19.0%
Selling, general and administrative
37.4
40.6
34.0
-7.7%
Operating income
71.3
68.0
55.8
+4.8%
Operating margin
19.9%
19.1%
17.4%
Pre-tax income
71.3
68.2
56.3
+4.5%
Income tax
25.6
24.1
18.7
+6.3%
Effective tax rate
35.9%
35.3%
33.3%
Net income
45.7
44.2
37.5
+3.6%
Net margin
12.8%
12.4%
11.7%
Diluted EPS
$0.56
$0.53
$0.45
+5.0%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
n/a
n/a
53.6
Capital expenditure
21.0
16.1
9.0
+30.0%
Free cash flow
n/a
n/a
44.6
Free cash flow margin
n/a
n/a
13.9%
Share-based compensation
2.9
2.2
1.8
+32.7%
Dividends paid
11.9
9.7
7.4
+22.7%
Dividend per share
$0.15
$0.12
$0.09
+22.3%
Diluted shares, weighted
82m
83m
83m
-1.6%
Shares outstanding at period end
80m
81m
83m
-1.9%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
179
174
164
+2.8%
Debt
n/a
n/a
0.0
Other liabilities
53.9
52.9
51.3
+1.9%
Total liabilities and equity
233
227
215
+2.6%
Fixed assets
101
91.9
87.3
+9.9%
Securities held for sale or to maturity
17.5
16.0
27.0
+9.4%
Cash and equivalents
7.9
22.0
12.1
-64.0%
Receivables
50.0
44.1
39.1
+13.5%
Inventory
38.5
37.6
32.1
+2.3%
Other assets
17.9
15.4
17.9
+16.1%
Total assets
233
227
215
+2.6%
10-K for the year ended 31 December 2015, filed 25 February 2016: the filing.