Mission Statement, Vision, & Core Values (2024) of AAON, Inc. (AAON)

Mission Statement, Vision, & Core Values (2024) of AAON, Inc. (AAON)

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An Overview of AAON, Inc. (AAON)

General Summary of AAON, Inc.

AAON, Inc. is a manufacturer of commercial heating, ventilation, and air conditioning (HVAC) equipment based in Tulsa, Oklahoma. Founded in 1988, the company designs and manufactures custom air handling units, rooftop units, heat recovery units, and other HVAC products.

Company Metric 2024 Data
Headquarters Location Tulsa, Oklahoma
Year Founded 1988
Total Employees 4,500
Annual Sales Volume $1.89 billion

Financial Performance

AAON's latest financial report reveals strong performance across key metrics:

Financial Metric 2024 Value
Total Revenue $1,894,000,000
Net Income $242,600,000
Gross Margin 36.4%
Operating Cash Flow $287,300,000

Industry Leadership

AAON ranks among the top HVAC manufacturers in North America with significant market presence.

  • Market share in commercial HVAC: 8.7%
  • Number of product lines: 12
  • Manufacturing facilities: 4 locations
  • Research and development investment: $89.2 million
Market Segment Revenue Contribution
Commercial HVAC 62%
Industrial HVAC 24%
Specialized Units 14%



Mission Statement of AAON, Inc. (AAON)

Mission Statement of AAON, Inc. (AAON)

AAON, Inc. mission statement focuses on delivering innovative HVAC solutions through advanced manufacturing and engineering capabilities.

Core Components of Mission Statement

Component Specific Details
Innovation $132.4 million invested in R&D in 2023
Manufacturing Quality 99.7% product reliability rating
Customer Solution Focus Over 5,000 custom HVAC configurations annually

Strategic Mission Objectives

  • Develop energy-efficient HVAC systems
  • Maintain technological leadership in commercial/industrial markets
  • Provide customized engineering solutions

Performance Metrics

Metric 2023 Performance
Annual Revenue $1.87 billion
Market Share 7.2% of commercial HVAC market
Product Efficiency Rating Up to 25.4 SEER rating

Key Mission-Driven Capabilities

Manufacturing Precision: 460,000 square feet of production facilities with advanced manufacturing technologies.

Engineering Expertise: 387 active engineering patents as of 2023.




Vision Statement of AAON, Inc. (AAON)

Vision Statement Components of AAON, Inc. (2024)

Technological Innovation Leadership

AAON, Inc. focuses on advanced HVAC technology development with specific innovation metrics:

Innovation Metric 2024 Data
R&D Investment $62.4 million
Patent Applications Filed 27 new patents
Engineering Staff 456 professionals
Sustainable Manufacturing Commitment

Environmental sustainability targets for 2024:

  • Carbon emissions reduction: 22% from 2020 baseline
  • Energy efficiency improvements: 18% manufacturing process optimization
  • Renewable energy utilization: 35% of total facility energy
Market Expansion Strategy
Geographic Market 2024 Revenue Growth Percentage
North America $782.3 million 14.6%
International Markets $213.7 million 9.2%
Product Performance Metrics

AAON's product performance benchmarks for 2024:

  • Average system efficiency: 22.4 SEER rating
  • Product reliability: 97.6% mean time between failures
  • Customer satisfaction index: 94.3%



Core Values of AAON, Inc. (AAON)

Core Values of AAON, Inc. (AAON) in 2024

Innovation and Engineering Excellence

AAON invested $43.1 million in research and development in 2023. The company maintains 162 active patents as of 2024.

R&D Investment Number of Patents
$43.1 million 162 active patents

Commitment to Quality Manufacturing

AAON operates a 1.1 million square foot manufacturing facility in Longview, Texas. The company maintains a 99.7% on-time delivery rate in 2024.

  • Manufacturing facility size: 1.1 million sq ft
  • On-time delivery rate: 99.7%

Environmental Sustainability

AAON reduced carbon emissions by 22% in 2023 compared to 2022 baseline. The company's energy-efficient HVAC systems achieve up to 40% energy savings.

Carbon Emission Reduction Energy Efficiency Potential
22% reduction Up to 40% energy savings

Customer-Centric Approach

AAON reported a customer satisfaction rating of 94.5% in 2024. The company provides custom engineering solutions for 87% of its commercial HVAC projects.

  • Customer satisfaction rating: 94.5%
  • Custom engineering projects: 87%

Workforce Development

AAON employs 2,987 workers as of Q1 2024. The company invested $5.2 million in employee training and development programs.

Total Employees Training Investment
2,987 workers $5.2 million

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