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Aaon vs Johnson Controls International: revenue, profit, margins and growth compared

Aaon brought in $1.4B of revenue in fiscal 2025, Johnson Controls International $23.6B in fiscal 2025. Revenue changed by +20.1% at Aaon and +2.8% at Johnson Controls International on the year before, so Aaon grew faster. Aaon kept 7.5% of its revenue as net profit, Johnson Controls International 13.9%.

Side by side, latest fiscal year

AAONJCI
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 30, 2025)
Revenue$1.4B$23.6B
Revenue growth+20.1%+2.8%
Net income$107.6M$3.3B
Net margin7.5%13.9%
Free cash flown/a$2.1B
Free cash flow marginn/a9.0%
Earnings per share (diluted)$1.29$5.03
Cash$13K$379M
Debtn/a$9.2B
Price to earnings69.129.9
Market value$7.3B$91B
Dividend yield0.45%1.01%
Rank by revenue in sector#247 of 451 · Industrials#29 of 451 · Industrials

Over the years

Revenue
AAON FY2018: $433.9MAAON FY2019: $469.3MAAON FY2020: $514.6MAAON FY2021: $534.5MAAON FY2022: $888.8MAAON FY2023: $1.2BAAON FY2024: $1.2BAAON FY2025: $1.4BJCI FY2018: $31.4BJCI FY2019: $24BJCI FY2020: $22.3BJCI FY2021: $23.7BJCI FY2022: $20.6BJCI FY2023: $22.3BJCI FY2024: $23BJCI FY2025: $23.6BFY18FY19FY20FY21FY22FY23FY24FY25
AAON $1.4BJCI $23.6B
Net income
AAON FY2018: $42.3MAAON FY2019: $53.7MAAON FY2020: $79MAAON FY2021: $58.8MAAON FY2022: $100.4MAAON FY2023: $177.6MAAON FY2024: $168.6MAAON FY2025: $107.6MJCI FY2018: $2.2BJCI FY2019: $5.7BJCI FY2020: $631MJCI FY2021: $1.6BJCI FY2022: $1.5BJCI FY2023: $1.8BJCI FY2024: $1.7BJCI FY2025: $3.3BFY18FY19FY20FY21FY22FY23FY24FY25
AAON $107.6MJCI $3.3B
Net margin
AAON FY2018: 9.8%AAON FY2019: 11.4%AAON FY2020: 15.4%AAON FY2021: 11.0%AAON FY2022: 11.3%AAON FY2023: 15.2%AAON FY2024: 14.0%AAON FY2025: 7.5%JCI FY2018: 6.9%JCI FY2019: 23.7%JCI FY2020: 2.8%JCI FY2021: 6.9%JCI FY2022: 7.4%JCI FY2023: 8.3%JCI FY2024: 7.4%JCI FY2025: 13.9%FY18FY19FY20FY21FY22FY23FY24FY25
AAON 7.5%JCI 13.9%
Revenue growth
AAON FY2019: +8.2%AAON FY2020: +9.6%AAON FY2021: +3.9%AAON FY2022: +66.3%AAON FY2023: +31.5%AAON FY2024: +2.7%AAON FY2025: +20.1%JCI FY2019: -23.7%JCI FY2020: -6.9%JCI FY2021: +6.1%JCI FY2022: -12.8%JCI FY2023: +8.2%JCI FY2024: +2.8%JCI FY2025: +2.8%FY19FY20FY21FY22FY23FY24FY25
AAON +20.1%JCI +2.8%
Free cash flow
AAON FY2018: $17.6MAAON FY2019: $60.8MAAON FY2020: $61MAAON FY2021: $5.8MAAON FY2022: $7.3MJCI FY2018: $875MJCI FY2019: $1.2BJCI FY2020: $2BJCI FY2021: $2BJCI FY2022: $750MJCI FY2023: $1.4BJCI FY2024: $1.1BJCI FY2025: $2.1BFY18FY19FY20FY21FY22FY23FY24FY25
AAON $7.3MJCI $2.1B

Fiscal years as each company reports them; the two may end in different months.

Questions about Aaon and Johnson Controls International

Which is bigger by revenue, Aaon or Johnson Controls International?

Johnson Controls International is bigger by revenue: $23.6B in fiscal 2025, against $1.4B for Aaon in fiscal 2025.

Which keeps more of its revenue as profit, Aaon or Johnson Controls International?

Aaon had a net margin of 7.5% in fiscal 2025; Johnson Controls International had 13.9% in fiscal 2025.

Which grew revenue faster, Aaon or Johnson Controls International?

In their latest fiscal years revenue changed by +20.1% at Aaon and +2.8% at Johnson Controls International.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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