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Side-by-side financial comparison of AAON, INC. (AAON) and PRA GROUP INC (PRAA). Click either name above to swap in a different company.

AAON, INC. is the larger business by last-quarter revenue ($424.2M vs $333.4M, roughly 1.3× PRA GROUP INC). PRA GROUP INC runs the higher net margin — 17.0% vs 7.6%, a 9.4% gap on every dollar of revenue. On growth, AAON, INC. posted the faster year-over-year revenue change (42.5% vs 13.7%). Over the past eight quarters, AAON, INC.'s revenue compounded faster (27.2% CAGR vs 14.2%).

AAON, Inc. manufactures heating, ventilation, and air conditioning equipment for commercial and industrial indoor environments. AAON is headquartered in Tulsa, Oklahoma and has manufacturing facilities in Longview, TX, Parkville, MO, and Redmond, OR. AAON employs approximately 4,000 people worldwide and has annual sales in excess of $880 million.

PRA Group, Inc. is a publicly traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries.

AAON vs PRAA — Head-to-Head

Bigger by revenue
AAON
AAON
1.3× larger
AAON
$424.2M
$333.4M
PRAA
Growing faster (revenue YoY)
AAON
AAON
+28.8% gap
AAON
42.5%
13.7%
PRAA
Higher net margin
PRAA
PRAA
9.4% more per $
PRAA
17.0%
7.6%
AAON
Faster 2-yr revenue CAGR
AAON
AAON
Annualised
AAON
27.2%
14.2%
PRAA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AAON
AAON
PRAA
PRAA
Revenue
$424.2M
$333.4M
Net Profit
$32.0M
$56.5M
Gross Margin
25.9%
Operating Margin
10.4%
37.7%
Net Margin
7.6%
17.0%
Revenue YoY
42.5%
13.7%
Net Profit YoY
29.7%
206.3%
EPS (diluted)
$0.38
$1.47

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAON
AAON
PRAA
PRAA
Q4 25
$424.2M
$333.4M
Q3 25
$384.2M
$311.1M
Q2 25
$311.6M
$287.7M
Q1 25
$322.1M
$269.6M
Q4 24
$297.7M
$293.2M
Q3 24
$327.3M
$281.5M
Q2 24
$313.6M
$284.2M
Q1 24
$262.1M
$255.6M
Net Profit
AAON
AAON
PRAA
PRAA
Q4 25
$32.0M
$56.5M
Q3 25
$30.8M
$-407.7M
Q2 25
$15.5M
$42.4M
Q1 25
$29.3M
$3.7M
Q4 24
$24.7M
$18.5M
Q3 24
$52.6M
$27.2M
Q2 24
$52.2M
$21.5M
Q1 24
$39.0M
$3.5M
Gross Margin
AAON
AAON
PRAA
PRAA
Q4 25
25.9%
Q3 25
27.8%
Q2 25
26.6%
Q1 25
26.8%
Q4 24
26.1%
Q3 24
34.9%
Q2 24
36.1%
Q1 24
35.2%
Operating Margin
AAON
AAON
PRAA
PRAA
Q4 25
10.4%
37.7%
Q3 25
11.3%
-101.4%
Q2 25
7.6%
29.6%
Q1 25
10.9%
27.7%
Q4 24
9.9%
32.1%
Q3 24
20.0%
32.0%
Q2 24
21.4%
31.4%
Q1 24
17.9%
26.0%
Net Margin
AAON
AAON
PRAA
PRAA
Q4 25
7.6%
17.0%
Q3 25
8.0%
-131.0%
Q2 25
5.0%
14.7%
Q1 25
9.1%
1.4%
Q4 24
8.3%
6.3%
Q3 24
16.1%
9.6%
Q2 24
16.7%
7.6%
Q1 24
14.9%
1.4%
EPS (diluted)
AAON
AAON
PRAA
PRAA
Q4 25
$0.38
$1.47
Q3 25
$0.37
$-10.43
Q2 25
$0.19
$1.08
Q1 25
$0.35
$0.09
Q4 24
$0.31
$0.47
Q3 24
$0.63
$0.69
Q2 24
$0.62
$0.54
Q1 24
$0.46
$0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAON
AAON
PRAA
PRAA
Cash + ST InvestmentsLiquidity on hand
$13.0K
$104.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$895.0M
$979.9M
Total Assets
$1.7B
$5.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAON
AAON
PRAA
PRAA
Q4 25
$13.0K
$104.4M
Q3 25
$1.0M
$107.5M
Q2 25
$14.0K
$131.6M
Q1 25
$994.0K
$128.7M
Q4 24
$14.0K
$105.9M
Q3 24
$15.0K
$141.1M
Q2 24
$13.0K
$118.9M
Q1 24
$8.4M
$108.1M
Stockholders' Equity
AAON
AAON
PRAA
PRAA
Q4 25
$895.0M
$979.9M
Q3 25
$863.1M
$928.5M
Q2 25
$832.7M
$1.3B
Q1 25
$815.9M
$1.2B
Q4 24
$824.6M
$1.1B
Q3 24
$796.9M
$1.2B
Q2 24
$740.5M
$1.1B
Q1 24
$784.8M
$1.1B
Total Assets
AAON
AAON
PRAA
PRAA
Q4 25
$1.7B
$5.1B
Q3 25
$1.5B
$5.0B
Q2 25
$1.4B
$5.4B
Q1 25
$1.3B
$5.1B
Q4 24
$1.2B
$4.9B
Q3 24
$1.0B
$4.9B
Q2 24
$1.0B
$4.7B
Q1 24
$952.9M
$4.5B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAON
AAON
PRAA
PRAA
Operating Cash FlowLast quarter
$19.3M
$-85.5M
Free Cash FlowOCF − Capex
$-90.4M
FCF MarginFCF / Revenue
-27.1%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
0.60×
-1.51×
TTM Free Cash FlowTrailing 4 quarters
$-169.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAON
AAON
PRAA
PRAA
Q4 25
$19.3M
$-85.5M
Q3 25
$12.3M
$-10.1M
Q2 25
$-21.8M
$-12.9M
Q1 25
$-9.2M
$-52.6M
Q4 24
$845.0K
$-94.6M
Q3 24
$63.8M
$-35.0M
Q2 24
$35.5M
$-29.5M
Q1 24
$92.4M
$-73.0M
Free Cash Flow
AAON
AAON
PRAA
PRAA
Q4 25
$-90.4M
Q3 25
$-11.3M
Q2 25
$-14.2M
Q1 25
$-53.5M
Q4 24
$-98.6M
Q3 24
$-36.1M
Q2 24
$-30.8M
Q1 24
$-73.5M
FCF Margin
AAON
AAON
PRAA
PRAA
Q4 25
-27.1%
Q3 25
-3.6%
Q2 25
-4.9%
Q1 25
-19.8%
Q4 24
-33.6%
Q3 24
-12.8%
Q2 24
-10.8%
Q1 24
-28.8%
Capex Intensity
AAON
AAON
PRAA
PRAA
Q4 25
1.4%
Q3 25
0.4%
Q2 25
0.4%
Q1 25
0.3%
Q4 24
1.4%
Q3 24
0.4%
Q2 24
0.5%
Q1 24
0.2%
Cash Conversion
AAON
AAON
PRAA
PRAA
Q4 25
0.60×
-1.51×
Q3 25
0.40×
Q2 25
-1.41×
-0.30×
Q1 25
-0.31×
-14.37×
Q4 24
0.03×
-5.13×
Q3 24
1.21×
-1.29×
Q2 24
0.68×
-1.37×
Q1 24
2.37×
-21.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAON
AAON

AAON Oklahoma$215.5M51%
Bas X$106.1M25%
AAON Coil Products$102.6M24%

PRAA
PRAA

GB$170.1M51%
Other$163.3M49%

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