AAON
AAON, Inc.
AAON's fundamentals are strong and it looks cheap: trading at 32x earnings, below its usual 48x. Analysts expect strong earnings growth.
EOSE
Eos Energy Enterprises, Inc.
There isn't enough reported data to score EOSE yet.
AAON Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Healthy | |
| Healthy |
AAON's revenue, profitability, cash flow and balance sheet are all currently healthy.
EOSE Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Unavailable |
EOSE's revenue is currently healthy, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
AAON PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $78.80 | — |
| Current | 32x | $78.80 | — |
| Cheap | 40x | $98.59 | +25% |
| Fair | 48x | $117 | +48% |
| Expensive | 61x | $148 | +88% |
Historical ranges are pointers, not guarantees.
AAON's PE is in its cheap range at 32x. If earnings grow as analysts expect, today's price would be 23x next year's earnings.
EOSE PE Valuation
EOSE has no meaningful PE right now: it lost money over the past year.
AAON Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for AAON, with profitability improving.
EOSE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect EOSE's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
AAON Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.42 | +40% |
| Q3 2026 | $2.45 | +101% |
| Q2 2026 | $1.99 | +34% |
| Q1 2026 | $1.38 | -28% |
| Q4 2025 | $1.29 | -36% |
| Q3 2025 | $1.22 | -46% |
| Q2 2025 | $1.48 | -33% |
| Q1 2025 | $1.91 | -11% |
| Q4 2024 | $2.02 | -5.2% |
AAON has the stronger earnings trend. Trailing diluted EPS is up 101% for AAON versus EOSE down 224%.
EOSE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2023 | -$2.69 | +$0.85 |
| Q2 2023 | -$3.76 | -$1.00 |
| Q1 2023 | -$3.65 | -$0.86 |
| Q4 2022 | -$3.68 | -$1.32 |
| Q3 2022 | -$3.54 | +$5.19 |
EOSE is still losing money, but less than at its worst: $4.55 per share over the past year, against $8.73 at its worst in late 2021.
AAON Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $707.4M | +84% |
| Q2 2026 | $642.1M | +106% |
| Q1 2026 | $492.5M | +53% |
| Q4 2025 | $424.2M | +42% |
| Q3 2025 | $384.2M | +17% |
| Q2 2025 | $311.6M | -0.6% |
| Q1 2025 | $322.1M | +23% |
| Q4 2024 | $297.7M | -2.9% |
AAON's revenue has grown year over year for five quarters in a row: $707M last quarter, up 84% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | +2.8 points |
| Q2 2026 | 13% | +5.2 points |
| Q1 2026 | 11% | -0.3 points |
| Q4 2025 | 10% | +0.5 points |
| Q3 2025 | 11% | -8.7 points |
| Q2 2025 | 7.6% | -14 points |
| Q1 2025 | 11% | -7 points |
| Q4 2024 | 9.9% | -11 points |
AAON has the edge over EOSE on profitability, with a higher operating margin.
EOSE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $82.7M | +171% |
| Q2 2026 | $68.8M | +351% |
| Q1 2026 | $57M | +445% |
| Q4 2025 | $58M | +700% |
| Q3 2025 | $30.5M | +3473% |
| Q2 2025 | $15.2M | +1597% |
| Q1 2025 | $10.5M | +58% |
| Q4 2024 | $7.3M | +9.7% |
EOSE has the edge over AAON on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -96% | +105 points |
| Q2 2026 | -122% | +297 points |
| Q1 2026 | -139% | +367 points |
| Q4 2025 | -140% | +573 points |
| Q3 2025 | -201% | +6044 points |
| Q2 2025 | -419% | +2815 points |
| Q1 2025 | -506% | +117 points |
| Q4 2024 | -713% | -74 points |
EOSE's operating margin was −96% last quarter, up 105 points from the same quarter a year ago, near the top of its range since 2019.
AAON Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $91.9M | +650% |
| Q2 2026 | $21M | +$42.8M |
| Q1 2026 | $34M | +$43.2M |
| Q4 2025 | $19.3M | +2186% |
| Q3 2025 | $12.3M | -81% |
| Q2 2025 | -$21.8M | -161% |
| Q1 2025 | -$9.2M | -110% |
| Q4 2024 | $845K | -98% |
AAON has the edge over EOSE on cash generation, producing positive trailing cash flow while its opponent burns cash.
EOSE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$105.1M | -$22.4M |
| Q2 2026 | -$107.4M | -$34.3M |
| Q1 2026 | -$154.8M | -$121M |
| Q4 2025 | -$75.2M | -$19.5M |
| Q3 2025 | -$82.7M | -$28.5M |
| Q2 2025 | -$73.2M | -$40.6M |
| Q1 2025 | -$33.8M | +$10.7M |
| Q4 2024 | -$55.8M | -$10.2M |
EOSE has burned cash in almost every quarter: −$443M over the past year, against −$246M the year before.
AAON Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -163K shares |
| 1 year | +0.7% | +606K shares |
| 3 years | +0.2% | +165K shares |
| 5 years | +4% | +3.2M shares |
| Available history | +5.8% | +4.6M shares |
AAON has the edge over EOSE on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q1 2025 | $31.5M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q4 2023 | — |
| Q3 2023 | $25M |
EOSE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +63% | +213M shares |
| 1 year | +161% | +341M shares |
| 3 years | +888% | +497M shares |
EOSE has 553M diluted shares, up 161% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
AAON Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.0x | Healthy |
| Q2 2026 | 1.4x | Healthy |
| Q1 2026 | 1.7x | Healthy |
| Q4 2025 | 1.8x | Healthy |
| Q3 2025 | 1.7x | Healthy |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | 1.0x | Very low |
| Q4 2024 | 0.6x | Very low |
AAON's net debt is about a year of its operating earnings (EBITDA), down from 1.7 years a year ago.
EOSE Net Leverage
EOSE's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
AAON Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.9 | Neutral |
| Stochastic | 24.0 | Neutral |
AAON's weekly RSI is 46 (neutral) and its Stochastic is 24 (neutral).
EOSE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.5 | Neutral |
| Stochastic | 7.4 | Oversold |
EOSE's weekly RSI is 33 (neutral) and its Stochastic is 7 (oversold).
AAON PE vs Industrials Sector
| Metric | AAON | Sector median | Relative |
|---|---|---|---|
| PE | 32x | 24x | 34% above |
| PE % | 4 | 58 | 54 pts below |
AAON is trading at 32x earnings, a 34% premium to the Industrials sector's median of 24x.
EOSE PE vs Industrials Sector
EOSE has no meaningful PE right now: it lost money over the past year.
AAON Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $75.6 | 4.3% above |
| 20 week MA | $85.2 | 7.5% below |
| 50 week MA | $94.6 | 17% below |
| 100 week MA | $94.3 | 16% below |
| 200 week MA | $85.7 | 8.1% below |
AAON has the edge over EOSE on trend strength, trading above more of its moving averages.
EOSE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.24 | 19% below |
| 20 week MA | $3.28 | 45% below |
| 50 week MA | $7.01 | 74% below |
| 100 week MA | $7.10 | 75% below |
| 200 week MA | $4.53 | 60% below |
EOSE is in a downtrend: it's below all five of its weekly moving averages, and 60% below its 200-week average.
AAON Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $33.2 | $43.7 | +31% |
| 2021 | $43.7 | $52.4 | +20% |
| 2022 | $52.4 | $50.6 | -3.5% |
| 2023 | $50.6 | $73.9 | +46% |
| 2024 | $73.9 | $121.4 | +64% |
| 2025 | $121.4 | $75.8 | -38% |
| 2026 YTD | $75.8 | $78.8 | +4% |
AAON has the edge over EOSE on returns for 2026, with the stronger performance.
EOSE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.72 | $19.2 | +98% |
| 2021 | $19.2 | $8.57 | -55% |
| 2022 | $8.57 | $1.08 | -87% |
| 2023 | $1.08 | $1.09 | +0.9% |
| 2024 | $1.09 | $5.17 | +374% |
| 2025 | $5.17 | $11.9 | +129% |
| 2026 YTD | $11.9 | $1.81 | -85% |
EOSE's yearly returns have swung widely, from +374% in 2024 to −87% in 2022. It's down 85% so far in 2026.