secwatch.observer — SEC 8-K summary
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Issuer:     AAON, INC. (AAON)
CIK:        0000824142
Form:       8-K
Filed at:   2024-06-12T23:59:59+00:00
Accession:  0000824142-24-000166
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AAON projects flattish 2024 with robust growth returning 2025-2027; 2023 revenue $1.2B, EPS $2.13
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- 2023 revenue $1.2B (+31.4% YoY), diluted EPS $2.13 (+71.8%), EBITDA margin 23.5%.
- 2024 expected flattish due to tough comparisons, slower macro, and refrigeration transition delays.
- Data center revenue $101M in 2023; addressable market ~20x that, growing ~20% annually.
- Employee count ~3,965 as of June 4, 2024; manufacturing space 3.1M sq ft across 4 locations.
- Company cites data center, cold climate heat pumps, and cost competitiveness for 2025-2027 growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/824142/000082414224000166/0000824142-24-000166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/824142/000082414224000166/aaon-20240611.htm
  HTML page:      https://secwatch.observer/filing/0000824142-24-000166

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