AAON, Inc. (AAON) vs AeroVironment, Inc. (AVAV)
A side-by-side comparison of AAON, Inc. and AeroVironment, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 3, 2026. Differences are shown without an overall score or investment verdict.
AAON
AAON, Inc.
$77.98IndustrialsDelayed quote: Sep 3, 2026, 4:00 PM EDT
AVAV
AeroVironment, Inc.
$147.21IndustrialsAt close: Sep 3, 2026, 4:00 PM ET
Total return — AAON vs AVAV
growth of $100 · dividends reinvested · last 10yAAON +312.6% (+15.2%/yr)AVAV +515.5% (+19.9%/yr)AVAV compounded faster over this window
AAON AVAV
AAON vs AVAV: by the numbers
- •AVAV is the larger company ($7.45B vs $6.39B market cap).
- •AAON is profitable (8.24% net margin) while AVAV runs a net loss (-13.41%).
- •AVAV grew revenue faster over the past five years (38.01% vs 30.47% CAGR).
- •AAON pays a dividend (0.54% yield), while AVAV has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | AAON | AVAV |
|---|---|---|
| P/E ratio | 39.07 | N/A |
| Forward P/E | 31.60 | 51.37 |
| P/S ratio | 3.23 | 3.66 |
| P/B ratio | 6.18 | 1.64 |
| EV / EBITDA | 20.99 | N/A |
Profitability
| Metric | AAON | AVAV |
|---|---|---|
| Gross margin | 25.57% | 25.33% |
| Operating margin | 11.05% | -15.73% |
| Net margin | 8.24% | -13.41% |
| ROE | 15.76% | -6.02% |
| ROIC | 11.51% | -5.89% |
Dividends
| Metric | AAON | AVAV |
|---|---|---|
| Dividend yield | 0.54% | N/A |
| Payout ratio | 30.30% | N/A |
Growth (annualized)
| Metric | AAON | AVAV |
|---|---|---|
| Revenue CAGR (5Y) | 30.47% | 38.01% |
| EPS CAGR (5Y) | 5.50% | -2.16% |
| FCF CAGR (5Y) | -57.58% | N/A |
| Total return CAGR (5Y) | 10.97% | 7.23% |
Frequently asked
- Which has grown faster, AAON or AVAV?
- Over the past five years, AVAV grew revenue faster — AAON at a 30.47% CAGR versus AVAV at 38.01%.
- Does AAON or AVAV pay a bigger dividend?
- AAON pays a dividend (0.54% yield), while AVAV has no payments in the available dividend history.
- Is AAON or AVAV more profitable?
- AAON runs the higher net margin — AAON at 8.24% versus AVAV at -13.41%.
- How have AAON and AVAV total returns compared?
- Over the past 10 years, AAON delivered 15.16% and AVAV delivered 19.48% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AAON P/E ratioAAON dividend yieldAAON ROEAeroVironment ROEAAON operating marginAeroVironment operating marginAAON revenue growthAeroVironment revenue growthAAON free cash flowAeroVironment free cash flow
AAON & AeroVironment appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 3, 2026.