A. O. Smith

American manufacturer of residential and commercial water heaters and boilers

AOS NYSE ISIN US8318652091 SEC CIK 91142 LEI 549300XG4US7UJNECY36
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Financials

Reported figures only · latest: Q2 2026 USD · US GAAP
Revenue, last quarter $1B −0.7% vs same quarter last year
Net income $124.9M −17.9% vs same quarter last year
EPS, diluted $0.91 −15% vs same quarter last year
Operating cash flow $124.4M −10.9% vs same quarter last year
Revenue by quarter
$902.6M
$912.4M
$963.9M
$1B
$942.5M
$912.5M
$945.6M
$1B
Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26

Source: SEC XBRL filings · latest filing

The long view

Fiscal years as reported · SEC XBRL filings, US GAAP
Revenue and net income15 fiscal years
  • Revenue
  • Net income
$0$1B$2B$3B$4BFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearRevenueNet income
FY25$3.8B$546.2M
FY24$3.8B$533.6M
FY23$3.9B$556.6M
FY22$3.8B$235.7M
FY21$3.5B$487.1M
FY20$2.9B$344.9M
FY19$3B$370M
FY18$3.2B$444.2M
FY17$3B$296.5M
FY16$2.7B$326.5M
FY15$2.5B$282.9M
FY14$2.4B$207.8M
FY13$2.2B$169.7M
FY12$1.9B$158.7M
FY11$1.7B$305.7M
MarginsShare of revenue
  • Gross margin
  • Operating margin
  • Net margin
0%20%40%60%FY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearGross marginOperating marginNet margin
FY2538.8%19%14.3%
FY2438.1%18.5%14%
FY2338.5%19.3%14.4%
FY2235.4%9.6%6.3%
FY2137%19.3%13.8%
FY2038.3%17.4%11.9%
FY1939.5%17.7%12.4%
FY1841%19.2%13.9%
FY1741.1%19.3%9.9%
FY1641.5%19.2%12.2%
FY1539.8%17.9%11.2%
FY1436.5%14.7%8.8%
FY1335.9%13.9%7.9%
FY1233.6%13.4%8.2%
FY1130%11.5%17.9%
Free cash flowOperating cash flow minus capital expenditure
$0$200M$400M$600MFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearFree cash flow
FY25$546M
FY24$473.8M
FY23$597.7M
FY22$321.1M
FY21$566M
FY20$505.3M
FY19$391.8M
FY18$363.7M
FY17$232.2M
FY16$365.9M
FY15$279M
FY14$177.9M
FY13$181.9M
FY12$73.9M
FY11$5.2M
Returned to shareholdersDividends paid and shares bought back
  • Dividends
  • Buybacks
$0$200M$400M$600MFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearDividendsBuybacks
FY25$195.7M$400.8M
FY24$190.4M$305.8M
FY23$183.5M$306.5M
FY22$177.2M$403.5M
FY21$170.1M$366.5M
FY20$158.7M$56.7M
FY19$149.2M$287.7M
FY18$130.1M$202.6M
FY17$96.9M$139.1M
FY16$84.2M$135.2M
FY15$67.8M$128.1M
FY14$54.4M$103.8M
FY13$42.6M$73.7M
FY12$33.2M$22M
FY11$27.7M$23.5M
Net margin vs the sectorMedian of Technology companies filing with the SEC
  • A. O. Smith
  • Technology median
−10%0%10%20%FY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearA. O. SmithTechnology median
FY2514.3%−0.4%
FY2414%−2.7%
FY2314.4%−7.5%
FY226.3%−7.3%
FY2113.8%−4.6%
FY2011.9%−8.8%
FY1912.4%−4.7%
FY1813.9%−3.7%
FY179.9%−2.5%
FY1612.2%−2%
FY1511.2%−3.2%
FY148.8%−1%
FY137.9%1.3%
FY128.2%1.8%
FY1117.9%3.9%

News

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