AAON · CIK 0000824142 · FY2025 live · 2025-12-31
AAON, INC.
View as
Model
Classic Z
FY2025
2.04
Zone
Grey
Prior
—
Market DD
—
1y PD
—
Meridian Rank
68.27
0–100 · Classic Z tape · not a PD
Book standing
65
Year change
—
Market PD
—
O-score
77
Events on this name
Same published rows as Today. Not a live recompute.
Approaching distress
watch · 44
- Live Z: — → 2.04
- Cut: — → 1.80
2.04
Z″ 5.47
Score 2.04 · distress below 1.80, grey to 2.99, safe at 3.00 and above.
Classic Z factor contributions
X1 Working capital / assets
Short-term liquidity versus the size of the balance sheet.
0.321.2 × = 0.38X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
0.491.4 × = 0.69X3 EBIT / assets
Operating return on assets. Highest weight in the original model.
0.093.3 × = 0.29X4 Book equity / liabilities
Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.
1.130.6 × = 0.68X5 Sales / assets
Asset turnover — how much revenue the asset base supports.
0.001 × = 0.00
Five-year path
Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings rather than invent a series.
Overview
rule-v1
AAON, INC. is on classic Z at 2.04 (grey) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print; book equity / liabilities is the runner-up. This is the first live year on the desk. No market tape loaded. Classic Z was fit on manufacturers; buybacks can send retained earnings negative at otherwise healthy issuers, and X4 is book equity, not market cap.
Book screen Grey; market PD —. Tape not priced — not a single default call.
Market DD · naive Merton
No market tape yet.
Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.
Sector peers
Closest Classic Z scores · 58th percentile in Industrials.
KPI widgets
Current assets
$869M
Total assets
$1.7B
Current liabilities
$331M
Total liabilities
$792M
Working capital
$538M
Retained earnings
$830M
EBIT
$146M
Total sales
$0
Book equity
$895M
Accession 0000824142-26-000005. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Classic Z is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.