Aaon (AAON) FY2022 results: revenue $889 million, up 66.3% on the year
Aaon, Inc. (AAON) reported revenue of $889 million for fiscal 2022, the year ended 31 December 2022, up 66.3% on the year before. Net income was $100 million, up 70.8%, and diluted earnings per share $1.24. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2023.
Revenue
$889 million
+66.3% on the year
FY2015FY2022
Operating margin
14.3%
13.0% a year earlier
FY2015FY2022
Net income
$100 million
+70.8% on the year
FY2015FY2022
Diluted EPS
$1.24
+70.6% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ 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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
61.3
61.2
129
+0.2%
Capital expenditure
54.0
55.4
67.8
-2.4%
Free cash flow
7.3
5.8
61.0
+25.3%
Free cash flow margin
0.8%
1.1%
11.9%
Cash from investing
-76.2
-159
-61.3
Cash from financing
17.4
18.7
-29.6
-7.4%
Depreciation and amortisation
35.1
30.3
25.6
+15.7%
Share-based compensation
13.7
11.8
11.3
+16.0%
Dividends paid
22.9
19.9
19.8
+15.1%
Dividend per share
$0.29
$0.25
$0.25
+13.2%
Diluted shares, weighted
81m
81m
80m
+0.7%
Shares outstanding at period end
80m
79m
78m
+1.7%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
561
466
351
+20.3%
Debt
71.0
40.0
0.0
+77.5%
Operating lease liabilities
6.0
15.5
1.4
-61.3%
Finance lease liabilities
n/a
0.0
n/a
Other liabilities
176
129
96.8
+37.1%
Total liabilities and equity
814
650
449
+25.2%
Fixed assets
305
258
223
+18.1%
Goodwill
81.9
85.7
3.2
-4.5%
Intangible assets
64.6
70.1
0.0
-7.9%
Securities held for sale or to maturity
n/a
n/a
0.0
Cash and equivalents
5.5
2.9
79.0
+90.7%
Receivables
127
70.8
47.4
+79.7%
Inventory
199
130
82.2
+52.7%
Other assets
31.1
32.4
13.8
-3.9%
Total assets
814
650
449
+25.2%
10-K for the year ended 31 December 2022, filed 27 February 2023: the filing.