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Stock Comparison · Valuation-led comparison

AAON vs Five Below: Which Stock Looks Stronger in 2026?

Five Below leads structurally, with valuation as the clearest single gap between the two profiles. AAON still has the edge on stability, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the Russell 1000 universe, making them directly comparable.

Updated 2026-08-16

The comparison is mainly decided in valuation, with the rest of the profile carrying less weight. The overall score gap is 10 points in favour of Five Below, Inc..

Trajectory Similarity
0.70
Similar
Peer-set rank: #7
within AAON, Inc.'s functional peer set

This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.

A solid similarity means the pair shares a clearly comparable long-term financial profile, even if individual dimensions still differ.

The match is driven mainly by capital structure and operating margin level.

Similarity drivers
capital structureoperating margin level
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
AAON
AAON, Inc.
46
Peer-Score
Signal qualityMedium
Peer basis: Russell 1000
vs
FIVE
Five Below, Inc.
56
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: AAON vs FIVE Profitability 42 49 Stability 50 27 Valuation 19 64 Growth 91 85 AAON FIVE
Gap Ranking
#1 Valuation +45
#2 Stability +23
#3 Profitability +7
#4 Growth +6
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AAON and FIVE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AAONFIVE Relative valuation Structural strength

The two profiles are relatively close, but the price setup still leans toward Five Below, Inc..

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where AAON and FIVE each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY AAON Elevated · above norm 0th 50th 100th 2 pct gap FIVE Elevated · above norm 0th 50th 100th 97th 99th
AAON (97th percentile) and FIVE (99th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Valuation
On valuation, Five Below, Inc. is positioned higher in the group, while AAON, Inc. is closer to the middle.
Stability
AAON, Inc. sits in the stronger part of the group on stability, while Five Below, Inc. is closer to mid-pack.
Valuation — Dominant Gap
AAON
19
FIVE
64
Gap+45in favour of FIVE

The multiple-based pricing edge comes from a forward P/E that is 20.2 turns lower.

What keeps the gap from being one-sided

Stability still leans toward AAON, Inc., so the lead is real without reading as one-way.

What this means for the comparison

The valuation lead is clear, but pricing and stability still pull in the other direction — the result holds, but not without friction.

Explore full peer positioning in AssetNext

Break down the AAON vs FIVE comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how AAON and FIVE each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.