A. O. Smith (AOS) Financial History
Review A. O. Smith annual and quarterly financial results, key ratios, insider transactions and SEC filing history in one chronological view. Data available from FY2008 through FY2025.
Financials
18 fiscal years, FY2008 to FY2025
Insider trades
792 trades
Risk factor changes
13 changes in the latest 10-K
Filings
Annual and quarterly reports
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A. O. Smith Financial Statements
History since FY2008. Annual, in US dollars. Source: 10-K XBRL data.
A. O. Smith Revenue and Growth
Compare reported revenue and year-over-year revenue growth across available fiscal years.
A. O. Smith Income Statements
Review revenue, gross profit, operating income, net income and earnings per share.
A. O. Smith Balance Sheets
Review reported debt and book-value-based ratios where company data is available.
A. O. Smith Cash Flow Statements
Compare reported free cash flow across the available fiscal history.
A. O. Smith Financial Ratios
Compare net margin, price-to-earnings and price-to-book ratios by fiscal year.
| Fiscal year | FY2008 🔒 | FY2009 🔒 | FY2010 🔒 | FY2011 🔒 | FY2012 🔒 | FY2013 🔒 | FY2014 🔒 | FY2015 🔒 | FY2016 🔒 | FY2017 🔒 | FY2018 🔒 | FY2019 🔒 | FY2020 🔒 | FY2021 | FY20228 new risk factorsInsiders net sold $97K | FY20231 new risk factorsInsiders net sold $16.7M | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | $3.5B | $3.8B | $3.9B | $3.8B | $3.8B |
| Revenue growth | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | — | +6.1% | +2.6% | -0.9% | +0.3% |
| Gross profit | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | $1.3B | $1.3B | $1.5B | $1.5B | $1.5B |
| Operating income | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | $0.7B | $0.4B | $0.7B | $0.7B | $0.7B |
| Net income | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | $0.5B | $0.2B | $0.6B | $0.5B | $0.5B |
| Debt | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | $0.2B | $0.3B | $0.1B | $0.2B | $0.2B |
| Free cash flow | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | $0.6B | $0.3B | $0.6B | $0.5B | $0.5B |
| Net margin | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | 13.8% | 6.3% | 14.4% | 14.0% | 14.3% |
| EPS (diluted) | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | $3.02 | $1.51 | $3.69 | $3.63 | $3.85 |
| P/E ratio | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | 28.4× | 37.9× | 22.3× | 18.8× | 17.4× |
| P/B ratio | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | — | — | — | — | — |
Daily closing prices, aggregated by calendar year.
| Year | 2000 🔒 | 2001 🔒 | 2002 🔒 | 2003 🔒 | 2004 🔒 | 2005 🔒 | 2006 🔒 | 2007 🔒 | 2008 🔒 | 2009 🔒 | 2010 🔒 | 2011 🔒 | 2012 🔒 | 2013 🔒 | 2014 🔒 | 2015 🔒 | 2016 🔒 | 2017 🔒 | 2018 🔒 | 2019 🔒 | 2020 🔒 | 2021 🔒 | 2022 | 2023 | 2024 | 2025 | 2026 (YTD) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Open | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | $86.00 | $58.01 | $81.75 | $68.52 | $66.91 |
| Close | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | $57.22 | $82.42 | $68.22 | $66.88 | $67.22 |
| High | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | $86.07 | $82.73 | $92.33 | $77.27 | $81.64 |
| Low | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | $46.59 | $57.47 | $67.36 | $58.86 | $54.55 |
| Annual return | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | ••••• | -33.4% | +44.0% | -17.2% | -2.0% | +0.5% |
A. O. Smith Insider Transactions
From Form 4 filings. Showing the latest 5 of 792 trades.
| Traded | Filed | Insider | Type | Shares | Value | % of holdings |
|---|---|---|---|---|---|---|
| 2026-07-01 | 2026-07-02 | Carrie Anderson CFO | Grant or award | 32,060 | $2M | — |
| 2026-04-23 | 2026-05-01 | Aaron Saak Director | Grant or award | 2,296 | $150K | — |
| 2026-04-13 | 2026-04-15 | Michael Larsen Director | Grant or award | 2,262 | $150K | — |
| 2026-04-13 | 2026-04-15 | Aaron Saak Director | Grant or award | 2,262 | $150K | — |
| 2026-04-13 | 2026-04-15 | Mark Smith Director | Grant or award | 2,262 | $150K | — |
A. O. Smith Risk Factor Changes
Latest 10-K compared with the year before. 13 changes found.
Our products are subject to a wide variety of statutory, regulatory, codes and industry standards and requirements related to, among other items, energy and water efficiency, environmental emissions, labeling and safety.
Consistent with our stated strategic priorities, we will continue to evaluate potential acquisitions, and we could use a significant portion of our available capital to fund future acquisitions.
In the ordinary course of business, we utilize information systems for day-to-day operations, to collect and store sensitive data and information, including our proprietary and regulated business information and perso…
Residential new construction activity in North America declined in 2025 and industry-wide replacement-related volume of water heaters was flat compared to 2024.
Approximately 31 percent of our sales in 2025 were attributable to products sold outside of the U.S., primarily in China and Canada, and to a lesser extent in India and Europe.
consumer confidence and sentiment, as well as economic uncertainty, sociopolitical and demographic risks, availability of government incentives, and increased competition from Chinese-based companies may prompt Chines…
Our third-party sales in China decreased twelve percent in local currency in 2025 compared to 2024.
■Because approximately 18 percent of our sales in 2025 were attributable to China, adverse economic conditions or changes in consumer behavior in China could impact our business
Import tariffs, taxes, customs duties and other trading regulations imposed by the U.S.
In the ordinary course of business, we utilize information systems for day-to-day operations, to collect and store sensitive data and information, including our proprietary and regulated business information and perso…
Unfavorable changes to import tariffs, taxes, customs duties and other trading regulations could have a material adverse effect on our financial condition, results of operations and cash flows.
could increase our vulnerability to general adverse economic and industry conditions and limit our ability to service our debt or obtain additional financing.
In 2025, we announced a strategic assessment of our China business.
A. O. Smith SEC Filings
Latest annual and quarterly reports, current reports, proxy statements and ownership filings.
| Form | Filed | Description | Document |
|---|---|---|---|
| Quarterly report (10-Q) | 2026-10-29 | Quarter ended Sep 30, 2026 | View document |
| Current report (8-K) | 2026-10-29 | Quarterly results | View document |
| Current report (8-K) | 2026-10-28 | Company update | View document |
| Ownership change (13D/13G) amendment | 2026-08-07 | Large shareholder report (5% or more) | View document |
| Ownership change (13D/13G) amendment | 2026-08-06 | Large shareholder report (5% or more) | View document |