MetaCap

AAON (AAON) vs AGCO (AGCO)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

AGCO (AGCO) has outperformed AAON (AAON) over the past year, losing 1.1% versus a loss of 15.4%. Over five years, AAON leads with a +86.7% price change compared with -14.9% for AGCO. AGCO is the larger company by market cap ($7.64 billion vs $7.18 billion), about 1.1 times the size, while AAON is growing revenue faster (+20.1% vs -13.5%).

On valuation, AGCO trades at a lower forward P/E (14.6x vs 24.9x for AAON). AGCO offers the higher dividend yield (1.07% vs 0.46%). AAON converts more of its revenue into profit, with a net margin of 7.5% versus 7.2%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

AAON-15.44%AGCO-1.11%
+48%+8%-32%
Oct 7, 20251 yearOct 7, 2026
AAON+89.44%AGCO-14.36%
+217%+84%-50%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

AAON versus AGCO key metrics
MetricAAONAGCO
Share price$87.13$109.15
Market cap$7.18B$7.64B
1-day change-1.07%-6.06%
YTD return+14.27%+4.63%
1-year return-15.44%-1.11%
5-year return+86.71%-14.94%
P/E ratio (TTM)45.8615.10
Forward P/E24.9114.63
EPS (TTM)$1.90$7.23
Dividend yield0.46%1.07%
Annual dividend$0.40$1.17
Revenue (latest FY)$1.44B$10.08B
Revenue growth (YoY)+20.11%-13.55%
Net income (latest FY)$107.59M$726.50M
Gross margin26.75%25.46%
Operating margin10.14%5.91%
Net margin7.46%7.21%
52-week high$150.46$143.78
52-week low$73.19$98.22
Distance from 52-week high-42.09%-24.09%
Analyst consensusstrong_buybuy
Avg. price target upside+54.65%+14.27%
Average volume1.16M1.01M
Shares outstanding82.45M70.03M
Employees5,89722,000
SectorIndustrialsIndustrials
IndustryIndustrial Machinery/ComponentsIndustrial Machinery/Components

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • AGCO has outperformed AAON by 14.3 percentage points over the past year.
  • AAON trades at a higher earnings multiple (45.9x vs 15.1x trailing P/E).
  • AAON grew revenue faster in its latest fiscal year (+20.11% vs -13.55%).

About AAON

AAON stock →

AAON, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company operates through three segments: AAON Oklahoma, AAON Coil Products, and BASX.

Industrials · Industrial Machinery/Components · 5,897 employees

About AGCO

AGCO stock →

AGCO Corporation manufactures and distributes agricultural equipment and replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses.

Industrials · Industrial Machinery/Components · 22,000 employees

AAON vs AGCO FAQ

Which is bigger, AAON or AGCO?

AGCO (AGCO) is larger, with a market capitalization of $7.64B compared with $7.18B for AAON (AAON).

Which stock has performed better over the past year, AAON or AGCO?

AGCO returned -1.11% over the past 12 months, compared with -15.44% for AAON (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, AAON or AGCO?

AGCO has the lower trailing P/E at 15.1, versus 45.9 for AAON. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, AAON or AGCO?

AGCO has the higher yield at 1.07%, compared with 0.46% for AAON.

Are AAON and AGCO in the same industry?

Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.

More comparisons