AOS · Smith A O Corp

$59.35 +0.59 (+1.00%) At close · Jul 22

Market Cap

$8.18B

137.83M

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue

$3.83B

FY2025

Net Income

$546.2M

FY2025

Gross Margin

38.83%

FY2025

Operating Margin

19.02%

FY2025

Diluted EPS

$3.85

FY2025

Operating Cash Flow

$616.8M

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	FY2026 (G)	TTM	FY2025	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010
Revenue	+0.7%	+5.8%	—	$3.9B – $4B	$3.81B	$3.83B	$3.85B	$3.75B	$3.54B	$2.9B	$2.99B	$3.19B	—	—	—	—	—	—	—	—
Cost of Revenue	-1.1%	+5.6%	+4.4%	—	$2.33B	$2.34B	$2.37B	$2.42B	$2.23B	$1.79B	$1.81B	$1.88B	$1.76B	$1.57B	$1.53B	$1.5B	$1.38B	$1.29B	$1.2B	$1.04B
Gross Profit	+3.8%	+6.1%	+3.9%	—	$1.48B	$1.49B	$1.48B	$1.33B	$1.31B	$1.11B	$1.18B	$1.31B	$1.24B	$1.12B	$1.01B	$859.3M	$773.8M	$652M	$512.6M	$446M
Gross Margin	—	—	—	—	—	38.83%	38.54%	35.42%	37.04%	38.28%	39.45%	40.95%	—	—	—	—	—	—	—	—
Research & Development	+2.2%	+3.3%	+2.6%	—	—	$95M	$97.5M	$89M	$94.2M	$80.7M	$87.9M	$94M	$86.4M	$80.1M	$73.7M	$67.9M	$57.8M	$51.7M	$42.7M	—
Selling, General & Administrative	+4.2%	+2.8%	+2.2%	—	$770.7M	$759.4M	$727.4M	$670.9M	$701.4M	$660.3M	$715.6M	$753.8M	$718.2M	$658.9M	$610.7M	$572.1M	$524.5M	$450.5M	$372.8M	$328.7M
Amortization of Intangibles	+5.0%	+0.4%	+0.4%	—	—	$14.8M	$12.6M	$12.8M	$12.3M	$14.5M	$15.8M	$14.3M	$13.7M	$13.4M	$14.2M	$14.3M	$14.4M	$14.6M	—	—
Depreciation & Amortization	+3.4%	+1.2%	+3.1%	—	$88.3M	$85.1M	$78.3M	$76.9M	$77.9M	$80M	$78.3M	$71.9M	$70.1M	$65.1M	$63M	$59.8M	$59.7M	$54.6M	$47M	$40.8M
Restructuring Charges	—	—	—	—	—	$0	—	$0	$0	—	—	—	—	—	—	—	—	—	—	—
Operating Income	+26.3%	+7.7%	+4.9%	—	$706.4M	$728.6M	$809.6M	$362M	$682M	$503.2M	$529.1M	$613.4M	$577.9M	$515M	$452.9M	$345.3M	$299.9M	$259.4M	—	—
Operating Margin	—	—	—	—	—	19.02%	21.01%	9.64%	19.27%	17.38%	17.68%	19.24%	—	—	—	—	—	—	—	—
EBITDA	+22.8%	+6.9%	+4.7%	—	$794.7M	$813.7M	$887.9M	$438.9M	$759.9M	$583.2M	$607.4M	$685.3M	$648M	$580.1M	$515.9M	$405.1M	$359.6M	$314M	—	—
Interest Expense	+12.8%	+13.1%	+6.2%	—	$17.7M	$13.5M	$12M	$9.4M	$4.3M	$7.3M	$11M	$8.4M	$10.1M	$7.3M	$7.4M	$5.7M	$5.7M	$9.2M	$9.3M	$6.9M
Other Non-Operating Income	—	-44.1%	-25.1%	—	-$600K	$600K	$6.9M	-$425.6M	$20.4M	$11M	$18M	$21.2M	$10.4M	$9.4M	$10.8M	$5.2M	$3.8M	$34.3M	$19.8M	-$500K
Equity in Earnings of Unconsolidated Entities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	-$400K	-$400K
Pretax Income	+47.3%	+10.0%	+5.9%	—	$688.7M	$715.1M	$733.5M	$223.7M	$625.6M	$443.9M	$472.1M	$557.8M	$520.8M	$462.5M	$402.5M	$286.7M	$236.4M	$233.8M	$196.5M	$74.4M
Income Tax	—	+11.3%	+3.5%	—	$36.7M	$168.9M	$176.9M	-$12M	$138.5M	$99M	$102.1M	$113.6M	$224.3M	$136M	$119.6M	$78.9M	$66.7M	$71.2M	$50.3M	$17.3M
Net Income	+32.3%	+9.6%	+6.8%	—	$527.6M	$546.2M	$556.6M	$235.7M	$487.1M	$344.9M	$370M	$444.2M	$296.5M	$326.5M	$282.9M	$207.8M	$169.7M	$158.7M	$305.7M	$111.7M
Net Margin	—	—	—	—	—	14.26%	14.45%	6.28%	13.76%	11.91%	12.36%	13.93%	—	—	—	—	—	—	—	—
Comprehensive Income	+4.9%	+8.5%	+8.8%	—	$537.2M	$559.5M	$554.8M	$484.7M	$476.9M	$372M	$372.5M	$392.9M	$360.2M	$276.7M	$241.5M	$194.9M	$231.1M	$139.1M	$234.2M	$113M
EPS (Basic) USD/shares	+36.5%	+12.7%	+2.0%	—	—	$3.87	$3.71	$1.52	$3.05	$2.13	$2.24	$2.60	$1.72	$1.87	$3.19	$2.30	$1.84	$3.44	$6.63	$2.44
EPS (Diluted) USD/shares	+36.6%	+12.7%	+2.0%	$3.60 – $3.90	—	$3.85^G	$3.69	$1.51	$3.02	$2.12	$2.22	$2.58	$1.70	$1.85	$3.16	$2.28	$1.83	$3.41	$6.57	$2.42
Shares Outstanding (Basic Avg) shares	-3.1%	-2.7%	+4.7%	—	—	141.03M	149.95M	154.79M	159.91M	161.53M	165.45M	170.59M	172.67M	174.71M	88.81M	90.29M	92.12M	46.2M	46.12M	—
Shares Outstanding (Diluted Avg) shares	-3.1%	-2.7%	+4.7%	—	—	141.91M	151.02M	155.78M	161.32M	162.6M	166.71M	172.19M	174.61M	176.83M	89.5M	90.99M	92.79M	46.55M	46.57M	—

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2010–FY2025: $2.65B in buybacks, $1.6B in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

2.25×

Specialty Industrial Machinery median 3.27×

EV/EBIT

12.16×

Specialty Industrial Machinery median 23.61×

P/E (TTM)

15.83×

Specialty Industrial Machinery median 33.01×

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
North America Segment	$2,964,400,000	$2,928,100,000	$2,904,300,000	$2,819,100,000	$2,529,500,000	$2,118,300,000	$2,083,500,000	$2,044,700,000
Rest of World	$880,400,000	$918,600,000	$956,900,000	$965,800,000	$1,036,500,000	$800,300,000	$935,800,000	$1,173,600,000
Reportable Segments	—	$3,818,100,000	—	$3,753,900,000	—	—	—	—

By Geography (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
United States	$2,619,100,000	$2,573,700,000	$2,547,100,000	$2,430,000,000	$2,239,100,000	$1,904,900,000	$1,868,700,000	$1,820,800,000
China	$672,800,000	$760,000,000	$827,400,000	$826,600,000	$912,600,000	$695,600,000	$825,400,000	$1,071,200,000
Canada	$326,500,000	$331,200,000	$335,300,000	$341,600,000	$247,200,000	$175,000,000	$168,500,000	$175,000,000
Other Foreign	$211,800,000	$153,200,000	$143,000,000	$155,700,000	$140,000,000	$119,800,000	$130,100,000	$120,900,000

By Product & Service (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Water Heaters and Related Parts	$2,460,100,000	$2,441,700,000	$2,456,900,000	$2,325,100,000	$2,115,900,000	$1,753,900,000	$1,742,600,000	$1,757,000,000
Boilers and Related Parts	$281,000,000	$260,000,000	$240,100,000	$272,000,000	$212,100,000	$187,200,000	$199,500,000	$200,400,000
Water Treatment Products	$243,100,000	$248,400,000	$225,900,000	$222,000,000	$201,500,000	$177,200,000	$141,400,000	$87,300,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
North America Segment	$727,900,000	$707,500,000	$726,700,000	$266,000,000	$590,800,000	$503,500,000	$488,900,000	$464,100,000
Rest of World	$76,400,000	$64,500,000	$83,400,000	$96,300,000	$91,400,000	$0	$40,200,000	$149,300,000

Operating Margin by Segment (%)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
North America Segment	24.6%	24.2%	25%	9.4%	23.4%	23.8%	23.5%	22.7%
Rest of World	8.7%	7%	8.7%	10%	8.8%	0%	4.3%	12.7%

Key facts CIK 91142 CUSIP 831865209 13F (30d) 114 filings 113 filers Visit website Investor relations