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AAON Inc (NASDAQ:AAON), an HVAC systems manufacturer with a market capitalization of $6.17 billion, has expanded its revolving credit line by $100 million to a total of $600 million. This follows a previous increase from $230 million to $500 million in May, aimed at funding initial working capital needs for the upcoming Memphis facility.

The company reports a debt-to-equity ratio of 0.44 and a current ratio of 3.04, indicating strong liquidity. William Blair maintains an Outperform rating on AAON shares, viewing the credit expansion as a positive signal for data center orders.

Despite a 30% decline from November highs and a current share price of $75.70, down 35.38% year-to-date, the company's financial moves suggest strategic positioning. Additionally, Doug Wichman has been promoted to Executive Vice President and General Manager, effective January 1, 2026, and a quarterly cash dividend of $0.10 per share will be paid on December 18, 2025.