AAON Inc (AAON) — Financial Flexibility Index

Latest as of March 2026: 0.09x

AAON Inc (AAON) has a Financial Flexibility Index of 0.09x as of March 2026. Free cash flow of $79.12 Million (operating CF $33.99 Million minus capex $45.13 Million) represents 0% of total liabilities ($855.50 Million). Check AAON Inc investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.09x
Free Cash Flow / Total Liabilities

Free Cash Flow

$79.12 Million
Operating CF − Capex

Total Liabilities

$855.50 Million
USD

Capital Expenditures

$45.13 Million
USD

AAON Inc Financial Flexibility Index (1990–2025)

Historical Financial Flexibility Index trend for AAON Inc across 36 annual periods. For the full cash flow conversion analysis, see AAON Inc operating cash flow efficiency.

Annual Financial Flexibility Index for AAON Inc (1990–2025)

Year-by-year free cash flow to debt coverage for AAON Inc. Explore AAON Inc (AAON) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.24x $189.70 Million $-861.00K $791.52 Million ▼ -78.4%
2024 1.11x $388.19 Million $192.53 Million $350.65 Million ▼ -13.3%
2023 1.28x $263.19 Million $158.90 Million $206.21 Million ▲ +135.3%
2022 0.54x $137.34 Million $61.32 Million $253.19 Million ▼ -14.4%
2021 0.63x $116.55 Million $61.18 Million $184.01 Million ▼ -68.4%
2020 2.00x $196.62 Million $128.81 Million $98.14 Million ▲ +20.5%
2019 1.66x $135.09 Million $97.92 Million $81.28 Million ▲ +5.6%
2018 1.57x $92.12 Million $54.86 Million $58.55 Million ▼ -6.0%
2017 1.67x $99.71 Million $57.99 Million $59.55 Million ▼ -6.4%
2016 1.79x $90.53 Million $63.92 Million $50.63 Million ▲ +26.4%
2015 1.42x $76.32 Million $55.35 Million $53.94 Million ▲ +7.5%
2014 1.32x $69.64 Million $53.52 Million $52.91 Million ▲ +7.9%
2013 1.22x $62.63 Million $53.59 Million $51.34 Million ▲ +3.4%
2012 1.18x $65.31 Million $51.17 Million $55.36 Million ▲ +6.8%
2011 1.10x $62.40 Million $26.48 Million $56.48 Million ▼ -3.1%
2010 1.14x $49.62 Million $32.15 Million $43.54 Million ▼ -20.8%
2009 1.44x $54.98 Million $45.20 Million $38.21 Million ▲ +47.8%
2008 0.97x $43.06 Million $33.45 Million $44.22 Million ▼ -3.6%
2007 1.01x $42.12 Million $31.25 Million $41.72 Million ▲ +4.4%
2006 0.97x $37.21 Million $19.43 Million $38.46 Million ▲ +49.2%
2005 0.65x $22.11 Million $11.97 Million $34.11 Million ▼ -33.4%
2004 0.97x $33.13 Million $16.16 Million $34.06 Million ▲ +39.5%
2003 0.70x $24.17 Million $16.47 Million $34.66 Million ▼ -26.9%
2002 0.95x $28.06 Million $21.93 Million $29.40 Million ▼ -23.8%
2001 1.25x $32.90 Million $23.88 Million $26.25 Million ▲ +101.2%
2000 0.62x $24.78 Million $14.04 Million $39.81 Million ▼ -16.4%
1999 0.74x $18.64 Million $11.95 Million $25.04 Million ▲ +82.5%
1998 0.41x $10.65 Million $5.81 Million $26.09 Million ▼ -29.3%
1997 0.58x $13.81 Million $4.77 Million $23.94 Million ▲ +87.5%
1996 0.31x $6.13 Million $4.08 Million $19.93 Million ▼ -41.3%
1995 0.52x $9.80 Million $5.20 Million $18.70 Million ▲ +116.8%
1994 0.24x $5.10 Million $2.70 Million $21.10 Million ▲ +71.1%
1993 0.14x $2.50 Million $-100.00K $17.70 Million ▲ +465.0%
1992 0.03x $300.00K $-300.00K $12.00 Million ▼ -92.4%
1991 0.33x $4.00 Million $3.70 Million $12.20 Million ▲ +416.4%
1990 0.06x $800.00K $100.00K $12.60 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities