Aaron's Profit Margin 2018-2023 | AAN
Current and historical gross margin, operating margin and net profit margin for Aaron's (AAN) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Aaron's net profit margin as of December 31, 2023 is 0.13%.
| Aaron's Annual Profit Margins |
| Aaron's Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Consumer Discretionary |
Consumer Products - Miscellaneous Staples |
$0.234B |
$2.140B |
|
Aaron's Co., Inc. is a major omnichannel provider of lease-to-own (LTO) and purchase solutions, mainly to underserved and credit-challenged customers. It deals in sales and lease ownership, apart from specialty retailing of furniture, home appliances, electronics, computers, and various other products and accessories. Its business also includes the Woodhaven Furniture Industries (Woodhaven). Woodhaven is the manufacturer and supplier of most of the bedding and a large portion of the upholstered furniture leased and sold at Aaron's. It also operates through its e-commerce site, Aarons.com. Aaron's has only 1 reporting segment. It generates revenues through lease revenues and fees (via LTO model, lease provided as per terms agreed by the customers), retail and non-retail sales, and franchise royalties and fees (in the form of royalties & advertisements).
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