Aaon price to free cash flow AAON

Market value divided by free cash flow over the last twelve months, since 2012.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 117×; Apr 2024
10-year median: 86.1×
10-year range: 37.2× to 490×
Peer median: 19.7×

Aaon's price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.

It was last meaningful in Apr 2024, at 117×.

On the days it had one over the last ten years, its median was 86.1×, from 37.2× in Oct 2016 to 490× in Mar 2022.

Price to free cash flow over time

median 86.1×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2024	117×	105×	231×
2023	202×	123×	202×
2022	440×	67.8×	490×
2021	92.5×	55.1×	93.3×
2020	49.8×	49.3×	64.7×
2019	54.7×	53.1×	205×
2018	169×	59.3×	223×
2017	65.6×	40.0×	65.7×
2016	54.6×	31.6×	56.0×
2015	37.0×	30.9×	46.3×
2014	32.3×	21.1×	35.6×
2013	27.6×	14.9×	27.6×
2012	13.9×	13.1×	62.9×

Against its peers

Companies in Industrial - Machinery nearest Aaon's size, closest first, today.

Company	Price to free cash flow
AAONAaon	n/m
JBTMJBT MAREL	18.2×
POWLPowell Industries	22.5×
TEXTerex	n/m
ENSEnerSys	8.4×
NOVTNovanta	46.6×
GTESGates Industrial	15.7×
TKRTimken	19.7×
ALHAlliance Laundry	16.5×
ESABESAB	21.2×
SPXCSPX Technologies	26.5×
Peer median	19.7×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Aaon

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.