AAON, Inc.
AAON, Inc. (NASDAQ: AAON) is trading at $89.10, about ₹8,546 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 5.73% today. Indian residents can buy AAON from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$84.49
Today's high
$89.93
52 week low
$73.19
52 week high
$150.46
AAON opened at $84.75, closed previously at $84.27, and has traded between $73.19 and $150.46 over the past 52 weeks.
About
AAON, Inc., along with its affiliated companies, focuses on the engineering, manufacturing, promotion, and sale of heating and air conditioning systems throughout the United States and Canada. The enterprise's operations are divided into three distinct divisions: AAON Oklahoma, AAON Coil Products, and BasX. Its comprehensive product portfolio features a wide array of HVAC solutions, including rooftop units, specialized data center cooling, cleanroom climate control, chillers, pre-packaged outdoor mechanical rooms, air handling units, fresh air supply units, energy recovery ventilation, condensing units, geothermal/water-source heat pumps, coils, and integrated control systems. AAON markets and sells these offerings to a diverse set of commercial sectors, such as retail, manufacturing, educational institutions, hospitality, supermarkets, data centers, and the medical and pharmaceutical industries. Product distribution is managed through a dual approach, utilizing a network of independent manufacturing representatives in addition to an in-house sales team. Established in 1987, AAON, Inc. is headquartered in Tulsa, Oklahoma.
Key statistics
Avg. volume
1.10M
Market cap
$7.30B
P/E Ratio
45.93
Price-to-sales ratio
3.78
Enterprise value
$7.76B
Free cash flow yield
-1.63%
Debt-to-equity ratio
0.46
Return on equity
17.21%
ROIC
11.51%
Beta
1.41
Dividend yield
0.45%
Last dividend
$0.40
Financial overview
Revenue
$1.44B
Earnings per share
$1.32
Free cash flow
-$191.42M
Net profit margin
8.24%
Gross margin
25.57%
EBITDA
$225.84M
Revenue growth
20.11%
Similar securities
This is not an investment recommendation
How to buy AAON from India
Indian residents can buy AAON shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for AAON and place an order
Find AAON by name or by its ticker, AAON, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. AAON trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your AAON position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in AAON from India
Trading and taxes when buying AAON from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. AAON’s current yield is 0.45%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy AAON stock?
Yes. AAON (AAON) has been listed on NASDAQ since 1992, in the Industrial - Machinery industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one AAON share cost in rupees?
One AAON share is $89.10 — about ₹8,546 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the AAON price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying AAON from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of AAON?
Yes. One AAON share is $89.10, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in AAON.
How are gains on AAON shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the AAON price. Paasa issues a capital-gains statement for your return.
Does AAON pay a dividend, and how is it taxed in India?
Yes. AAON pays a dividend and the current yield is 0.45%; the last declared dividend was $0.40 per share, about ₹38.37. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade AAON from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on AAON shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare AAON shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your AAON holding, its cost and its closing value.
How do I sell AAON and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.