earnings
confidence high
sentiment positive
materiality 0.80
AAON Q4 2022 net sales up 86.8% to record $254.6M; EPS $0.71 vs $0.11 YoY
AAON, INC.
2022-FY EPS reported
$1.86
revenue$888,788,000
- Net sales $254.6M, up 86.8% YoY; organic volume/mix contributed 41%, pricing 26.7%, inorganic 19.1%.
- Gross profit $78.5M (30.8% margin) vs $26.5M (19.5%) in Q4 2021; operating income $46.6M (18.3% margin).
- Diluted EPS $0.71 vs $0.11 in Q4 2021, a 545.5% increase; net income $38.9M.
- Record backlog and fourth straight quarter of record production; BASX acquisition contributed.
- Full-year 2022 net sales $888.8M (+66.3%), net income $100.4M (+70.8%), diluted EPS $1.86.