AAON vs Simpson Manufacturing
Simpson Manufacturing reported revenue of $2.3 billion in fiscal 2025, 1.6 times AAON's $1.4 billion in fiscal 2025. AAON's revenue grew 20.1% in its latest year, and Simpson Manufacturing's grew 4.5%. AAON had an operating margin of 10.1%, against 19.6% at Simpson Manufacturing.
Side by side
| AAON | Simpson Manufacturing | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $1.4B | $2.3B |
| Revenue growth | 20.1% | 4.5% |
| Revenue growth a year, last 5 years | 22.9% | 13.0% |
| Gross margin | 26.8% | 45.9% |
| Operating margin | 10.1% | 19.6% |
| Net margin | 7.5% | 14.8% |
| Free cash flow | — | $298M |
| Free cash flow margin | — | 12.8% |
| Return on capital | 10.8% | 17.5% |
| Net debt to EBITDA | 1.8x | −0.1x |
| Dividends and buybacks | $63M | $168M |
| Change in diluted share count | −0.6% | −1.2% |
| Last close | $70.80 | $181.99 |
| P/E at the last close | 37.1× | 19.9× |
| Insider trades, last 12 months | bought $593,984, sold $23.2 million | sold $1.3 million |
| Piotroski F-score | 3 of 9 | 8 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
AAONSimpson Manufacturing
Operating margin
Percent of revenue
AAONSimpson Manufacturing
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
AAONSimpson Manufacturing
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the AAON and Simpson Manufacturing pages.