secwatch.observer — SEC 8-K summary
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Issuer:     AAON, INC. (AAON)
CIK:        0000824142
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0000824142-23-000094
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AAON Q1 net sales up 45.5% to record $266M; diluted EPS $0.67 (+103%)
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- Net sales $266M, +45.5% YoY; organic volume/mix contributed 23.5%, pricing 22.0%.
- Gross profit margin 29.0%, up 380 bps from 25.2%; price increases and moderating cost inflation drove expansion.
- Net income $36.8M (+103.9%); diluted EPS $0.67 (+103%); EBITDA $54.6M, margin 20.5% vs 16.5%.
- SG&A 12.4% of sales, down 20 bps; excess tax benefit of $3.8M from stock performance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/824142/000082414223000094/0000824142-23-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/824142/000082414223000094/aaon-20230504.htm
  HTML page:      https://secwatch.observer/filing/0000824142-23-000094

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer