AAON
Tulsa, Oklahoma, United States · Manufacturing
AAON is a global leader in HVAC solutions for commercial and industrial environments. Founded in 1988 and headquartered in Tulsa, Oklahoma, the company designs and manufactures highly configurable equipment that delivers superior efficiency, performance, and long-term value. With a world-class innovation center and testing lab, AAON continues to push boundaries and redefine industry standards.
Key facts
- Headquarters
- Tulsa, Oklahoma, United States
- Employees
- 6,014
- Industries
- Manufacturing
- Status
- Public (AAON)
- Website
- www.aaon.com
- Company page
Recent activity at AAON
- : SEC 8-K (1.01): On November 10, 2026, AAON, Inc., along with its subsidiaries AAON Coil Products, Inc. and BASX, Inc., entered into a Material Definitive Agreement with various lenders under a new Second Amended and Restated Loan Agreement. This agreement includes a new $250.0 million term loan facility and revises an existing $600.0 million revolving credit facility, both set to mature on November 10, 2031. Key financial terms include maintaining a consolidated leverage ratio of less than 3.50 to 1.00 during an Acquisition Holiday and a fixed charge coverage ratio of at least 1.20 to 1.00. The agreement replaces the prior loan terms and enhances the financial flexibility of the Company with increased borrowing capacity from the accordion feature, now up to $350.0 million.
- : SEC 8-K (8.01): The Company announced its Board of Directors has declared a regular quarterly cash dividend of $0.10 per share, amounting to $0.40 annually. This dividend is scheduled to be paid on December 17, 2026, to stockholders who are on record as of the close of business on November 25, 2026. This announcement is significant as it reflects the Company's ongoing commitment to returning value to its shareholders. The formal press release detailing this dividend declaration is attached as Exhibit 99.1.
- : SEC 8-K (4.02):
- : SEC 8-K (8.01):
- : SEC 8-K (8.01):
- : SEC 8-K (7.01): On August 10, 2026, AAON, Inc. issued a press release detailing their financial and operating results along with backlog information. This disclosure includes forward-looking statements that are subject to risks and uncertainties, such as changes in raw material prices and market conditions. The company emphasizes that these statements should not be relied upon as guarantees of future performance. The relevant event occurred on the same day the report was filed, highlighting immediate operational insights affecting their financial outlook.
- : SEC 8-K (5.02): On July 28, 2026, AAON, Inc. expanded its Board of Directors from nine to eleven members by appointing Robert L. Buttermore III and Patrick J. Jermain as independent Class III directors, effective immediately. Mr. Buttermore will also serve on the Compensation Committee, while Mr. Jermain will join the Audit Committee. Their terms will last until the annual meeting of stockholders in May 2027. Mr. Buttermore is the Senior Vice President and Chief Supply Chain Officer at Rockwell Automation, and Mr. Jermain is a recently retired Executive Vice President and CFO of Plexus Corporation, showcasing a solid background in financial and operational leadership.
- : SEC 8-K (7.01):
- : SEC 8-K (8.01):
- : SEC 8-K (8.01): On May 7, 2026, AAON, Inc. announced that its Board of Directors has authorized up to $100.0 million in open market purchases of the Company's common stock, contingent upon market conditions. The timing and amount of these repurchases will be determined by the Board, adhering to SEC regulations. This initiative aims to enhance shareholder value by returning repurchased shares to authorized but unissued stock status, which may positively impact the stock price in the market.
AAON funding history
| Date | Round | Amount |
|---|---|---|
| Mar 2022 | Venture | Undisclosed |
Leadership
- Roberto Giacomelli, Senior Vice President of Operations
- Luke Bomer, General Counsel
- Andy Cheung, Chief Financial Officer
- Matt Tobolski, President
Verified email and direct lines for AAON’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
AAON files 3 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
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About AAON: questions and answers
What does AAON do?
AAON is a global leader in HVAC solutions for commercial and industrial environments. Founded in 1988 and headquartered in Tulsa, Oklahoma, the company designs and manufactures highly configurable equipment that delivers superior efficiency, performance, and long-term value. With a world-class innovation center and testing lab, AAON continues to push boundaries and redefine industry standards.
Where is AAON headquartered?
AAON is headquartered in Tulsa, Oklahoma, United States.
How many employees does AAON have?
AAON has about 6,014 employees.
Has AAON raised funding?
Yes. Fundz has recorded 1 funding event for AAON. The most recent, Undisclosed, was in Mar 2022.
Who leads AAON?
Roberto Giacomelli is a Senior Vice President of Operations at AAON.
What is the latest news on AAON?
On Nov 13, 2026, SEC 8-K (1.01): On November 10, 2026, AAON, Inc., along with its subsidiaries AAON Coil Products, Inc. and BASX, Inc., entered into a Material Definitive Agreement with various lenders under a new Second Amended and Restated Loan Agreement. This agreement includes a new $250.0 million term loan faci
Is AAON a public company?
Yes. AAON is publicly traded under the ticker AAON.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy