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Aaon vs Lennox International: revenue, profit, margins and growth compared

Aaon brought in $1.4B of revenue in fiscal 2025, Lennox International $5.2B in fiscal 2025. Revenue changed by +20.1% at Aaon and -2.7% at Lennox International on the year before, so Aaon grew faster. Aaon kept 7.5% of its revenue as net profit, Lennox International 15.5%.

Side by side, latest fiscal year

AAONLII
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$1.4B$5.2B
Revenue growth+20.1%-2.7%
Net income$107.6M$805.8M
Net margin7.5%15.5%
Free cash flown/a$638.8M
Free cash flow marginn/a12.3%
Earnings per share (diluted)$1.29$22.79
Cash$13K$34.2M
Debtn/a$1.4B
Price to earnings69.116.4
Market value$7.3B$12.9B
Dividend yield0.45%1.35%
Rank by revenue in sector#247 of 451 · Industrials#121 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: $1.4BLII FY2018: $3.9BLII FY2019: $3.8BLII FY2020: $3.6BLII FY2021: $4.2BLII FY2022: $4.7BLII FY2023: $5BLII FY2024: $5.3BLII FY2025: $5.2BFY18FY19FY20FY21FY22FY23FY24FY25
AAON $1.4BLII $5.2B
Net income
AAON FY2018: $42.3MAAON FY2019: $53.7MAAON FY2020: $79MAAON FY2021: $58.8MAAON FY2022: $100.4MAAON FY2023: $177.6MAAON FY2024: $168.6MAAON FY2025: $107.6MLII FY2018: $359MLII FY2019: $408.7MLII FY2020: $356.3MLII FY2021: $464MLII FY2022: $497.1MLII FY2023: $591.2MLII FY2024: $811.1MLII FY2025: $805.8MFY18FY19FY20FY21FY22FY23FY24FY25
AAON $107.6MLII $805.8M
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%LII FY2018: 9.2%LII FY2019: 10.7%LII FY2020: 9.8%LII FY2021: 11.1%LII FY2022: 10.5%LII FY2023: 11.9%LII FY2024: 15.2%LII FY2025: 15.5%FY18FY19FY20FY21FY22FY23FY24FY25
AAON 7.5%LII 15.5%
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%LII FY2019: -2.0%LII FY2020: -4.5%LII FY2021: +15.4%LII FY2022: +12.5%LII FY2023: +5.6%LII FY2024: +7.2%LII FY2025: -2.7%FY19FY20FY21FY22FY23FY24FY25
AAON +20.1%LII -2.7%
Free cash flow
AAON FY2018: $17.6MAAON FY2019: $60.8MAAON FY2020: $61MAAON FY2021: $5.8MAAON FY2022: $7.3MLII FY2018: $400.3MLII FY2019: $290.5MLII FY2020: $533.9MLII FY2021: $408.7MLII FY2022: $201.2MLII FY2023: $486MLII FY2024: $782.1MLII FY2025: $638.8MFY18FY19FY20FY21FY22FY23FY24FY25
AAON $7.3MLII $638.8M

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

Questions about Aaon and Lennox International

Which is bigger by revenue, Aaon or Lennox International?

Lennox International is bigger by revenue: $5.2B in fiscal 2025, against $1.4B for Aaon in fiscal 2025.

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

Aaon had a net margin of 7.5% in fiscal 2025; Lennox International had 15.5% in fiscal 2025.

Which grew revenue faster, Aaon or Lennox International?

In their latest fiscal years revenue changed by +20.1% at Aaon and -2.7% at Lennox 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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