Aaon, Inc.
- Matt TobolskiPresident and CEO · Web search
- Rebecca ThompsonChief Accounting Officer · Web search
- Luke BomerGeneral Counsel · Web search
How we got $1.44B
Based on SEC filings (FY2025).
What we know
What they do
AAON, Inc. manufactures configurable commercial and industrial HVAC equipment, including rooftop units, split systems, air handling units, heat pumps, condensing units and controls. The site describes its products for commercial and industrial environments.
From the company's website. Industry: Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- WAREHOUSE MARKET, INC. · Tulsa, 4 mi · $110.6M
- DOCS FOOD STORES, INC. · Bixby, 14 mi · $106.6M
- SOUTH LEWIS SH OPCO, LLC · Tulsa, 5 mi · $70.1M
- MAVERIC MINI MARTS INC · Cushing, 43 mi · $30.7M
- THE PEACH BARN, LLC · Porter, 34 mi · $25.8M
Employees over time
▲ 154% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 2,279 | $669.4M |
| 2021 | Form 5500 | 4,509 | $1.32B |
| 2022 | Form 5500 | 3,270 | $960.5M |
| 2023 | Form 5500 | 3,690 | $1.08B |
| 2024 | Form 5500 | 4,648 | $1.37B |
| 2025 | Form 5500 | 5,794 | $1.70B |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Aaon, Inc. this business | $1.44B | — |
| NOV Tulsa | $3.0M | 0.2 mi |
| Ameron Pole Products Tulsa | $3.0M | 0.2 mi |
| Midwesco Industries Inc Tulsa | $3.0M | 0.3 mi |
| Linde Welding Gas & Equipment Center Tulsa | $3.0M | 0.7 mi |
| Royal Manufacturing Co Lp Tulsa | $3.0M | 1.5 mi |
| Ocutrx Technologies, Inc. Tulsa | $3.0M | 1.5 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
These are the business's own reported figures, from its SEC annual report (10-K), not an estimate.
| Revenue range | $1.37B – $1.51B |
| EBITDA range | $214.2M – $236.7M |
| Industry (NAICS) | Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
History & advisors
Advisors
- AccountingHogantaylor LLPAudits its 401(k) plan (2025 filing)
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Aaon, Inc.
Aaon, Inc. is an air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing company in Tulsa, Oklahoma, in business since 1996. It is owned by Andy Cheung (Executive Vice President and Chief Financial Officer). Its reported annual revenue is about $1.44B, with roughly $225.4M of EBITDA. It has about 5,794 employees.
Common questions
- Who owns Aaon, Inc.?
- Aaon, Inc. is owned by Andy Cheung (Executive Vice President and Chief Financial Officer), according to public sources such as the company's website or filings.
- How much revenue does Aaon, Inc. make?
- Aaon, Inc. reported revenue of about $1.44B.
- How many employees does Aaon, Inc. have?
- About 5,794, from its 2025 retirement-plan filing.
- When was Aaon, Inc. founded?
- Aaon, Inc. has been in business since 1996.