AAON (AAON) vs Carlisle Companies (CSL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Carlisle Companies (CSL) has outperformed AAON (AAON) over the past year, losing 2.1% versus a loss of 15.4%. Over five years, AAON leads with a +86.7% price change compared with +46.0% for CSL. Carlisle Companies is the larger company by market cap ($12.64 billion vs $7.18 billion), about 1.8 times the size, while AAON is growing revenue faster (+20.1% vs +0.3%).
On valuation, Carlisle Companies trades at a lower forward P/E (13.3x vs 24.9x for AAON). Carlisle Companies offers the higher dividend yield (1.38% vs 0.46%). Carlisle Companies converts more of its revenue into profit, with a net margin of 14.8% versus 7.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AAON | CSL |
|---|---|---|
| Share price | $87.13 | $318.22 |
| Market cap | $7.18B | $12.64B |
| 1-day change | -1.07% | -2.31% |
| YTD return | +14.27% | -0.51% |
| 1-year return | -15.44% | -2.09% |
| 5-year return | +86.71% | +46.03% |
| P/E ratio (TTM) | 46.35 | 18.52 |
| Forward P/E | 24.91 | 13.26 |
| EPS (TTM) | $1.88 | $17.18 |
| Dividend yield | 0.46% | 1.38% |
| Annual dividend | $0.40 | $4.40 |
| Revenue (latest FY) | $1.44B | $5.02B |
| Revenue growth (YoY) | +20.11% | +0.33% |
| Net income (latest FY) | $107.59M | $740.70M |
| Gross margin | 26.75% | 35.71% |
| Operating margin | 10.14% | 19.97% |
| Net margin | 7.46% | 14.76% |
| 52-week high | $150.46 | $432.91 |
| 52-week low | $73.19 | $293.43 |
| Distance from 52-week high | -42.09% | -26.49% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +54.65% | +28.96% |
| Average volume | 1.16M | 550.64K |
| Shares outstanding | 82.45M | 39.71M |
| Employees | 5,897 | 5,900 |
| Sector | Industrials | Industrials |
| Industry | Building Products & Equipment | Building Products & Equipment |
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
- CSL has outperformed AAON by 13.4 percentage points over the past year.
- AAON trades at a higher earnings multiple (46.3x vs 18.5x trailing P/E).
- Carlisle Companies is more profitable, keeping 14.8 cents of every revenue dollar as net income versus 7.5 cents for AAON.
- AAON grew revenue faster in its latest fiscal year (+20.11% vs +0.33%).
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 · Building Products & Equipment · 5,897 employees
About Carlisle Companies
CSL stock →Carlisle Companies Incorporated operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, and internationally. It operates through two segments, Carlisle Construction Materials (CCM) and Carlisle Weatherproofing Technologies (CWT).
Industrials · Building Products & Equipment · 5,900 employees
AAON vs CSL FAQ
Which is bigger, AAON or Carlisle Companies?
Carlisle Companies (CSL) is larger, with a market capitalization of $12.64B compared with $7.18B for AAON (AAON).
Which stock has performed better over the past year, AAON or CSL?
CSL returned -2.09% 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 CSL?
CSL has the lower trailing P/E at 18.5, versus 46.3 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 Carlisle Companies?
Carlisle Companies has the higher yield at 1.38%, compared with 0.46% for AAON.
Are AAON and Carlisle Companies in the same industry?
Yes. Both are classified in the Building Products & Equipment industry within the Industrials sector.