earnings
confidence high
sentiment positive
materiality 0.90
AAON Q2 2023: record sales $284M (+36% YoY), EPS $0.82 (+173% YoY)
AAON, INC.
2023-Q2 EPS reported
$1.48
revenue$549,910,000
- Net sales $284.0M, up 36.0% YoY; organic volume growth 16%, pricing 20%.
- Diluted EPS $0.82 vs $0.30; net income $45.7M, up 186.5%.
- Gross profit margin 33.1%, up 1,040 bps from 22.7%; operating margin 19.3%.
- One-time income tax benefit of $3.1M from valuation allowance change.