A.O. Smith Corporation

65.58-1.26 (-1.89%)

Oct 29, 4:00:02 PM EDT · NYSE · AOS · USD

Upcoming Earnings

Report date

EPS

1.01 (0.92 ~ 1.07)

Revenue

998.40M (964.20M ~ 1.02B)

Key Stats

Market Cap

9.13B

P/E (TTM)

17.68

Basic EPS (TTM)

3.71

Dividend Yield

0.01%

Recent Filings

10-Q

Q3 FY2025 results

10/28/25Oct 28, 2025

A. O. Smith posted solid Q3 results, with net sales climbing 4.5% year-over-year to $942.5 million, fueled by North American pricing hikes and stronger commercial water heater and boiler volumes, while Rest of World dipped slightly amid China's sluggish demand. Gross margins expanded to 38.7% from 37.4%, thanks to those price actions offsetting input cost pressures, lifting operating income 9.7% to $168.2 million (derived) and diluted EPS to $0.94, up 14.6%. Year-to-date, sales edged up 0.4% to $2,917.7 million, with EPS at $2.95 versus $2.87 last year, reconciling neatly to 142.6 million diluted shares. Cash from operations hit $433.7 million, yielding $380.5 million in free cash flow after $53.2 million capex, bolstering a $152.7 million cash pile and $470 million revolver availability under the $500 million facility expiring 2029; total debt sits at $185.8 million. The November 2024 Pureit acquisition added $17 million in Q3 sales, recognizing $63.8 million goodwill and $56.5 million intangibles. Yet China's ongoing economic woes pose a persistent drag on international growth.

8-K

Q3 sales up 4%, EPS rises 15%

10/28/25Oct 28, 2025

A. O. Smith posted third-quarter sales of $943 million, up 4% year-over-year, fueled by 6% North America growth from pricing and robust commercial water heater demand, while China sales fell 12% on economic woes. Net earnings climbed 10% to $132 million, with EPS at $0.94, up 15%; North America margins expanded 110 basis points to 24.2%. Cash from operations surged 21% to $434 million year-to-date. The company narrowed full-year EPS guidance to $3.70-$3.85 but tempered sales outlook to flat to 1% growth amid China headwinds and softening U.S. housing.

8-K

Leadership transitions announced

8/28/25Aug 28, 2025

A. O. Smith Corporation announced leadership transitions effective October 1, 2025, with James F. Stern shifting from Executive Vice President, General Counsel, and Secretary to Executive Vice President, Corporate Development, Strategy, and Secretary, while Paul J. Jones advances from Vice President of Corporate Development and Strategy to Senior Vice President, General Counsel, and Chief Compliance Officer. Both will report directly to the CEO. This reshuffle bolsters the company's strategic focus amid evolving market demands.

10-Q

Q2 FY2025 results

7/24/25Jul 24, 2025

A. O. Smith posted Q2 sales of $1,011.3 million, down 1.3% y/y but up 3.5% q/q (derived), with gross margin edging to 39.3% from 38.7% y/y on better water treatment mix. Net earnings dipped to $152.2 million from $156.2 million y/y, while diluted EPS held at $1.07; YTD figures show $288.8 million earnings and $2.01 EPS, reconciling to 143.4 million diluted shares with no anti-dilution flagged. North America drove stability despite softer water heater volumes, offset by boiler gains, while Rest of World slipped on China weakness but gained from the November 2024 Pureit acquisition for $124.6 million cash, adding $16 million Q2 sales and $63.8 million goodwill. Cash fell to $177.9 million amid $251.3 million repurchases, yet free cash flow hit $139.9 million, up y/y, backed by a $500 million revolver with $355 million available and covenant compliance. Solid liquidity persists. Tariffs loom as a key risk, potentially hiking input costs.

8-K

Q2 earnings steady, China review

7/24/25Jul 24, 2025

A. O. Smith reported Q2 2025 net sales of $1.01 billion, down 1% year-over-year, with net earnings of $152.2 million and diluted EPS of $1.07 edging up 1%. North America margins hit 25.4%, up 30 basis points, while Rest of World held at 10.5%, buoyed by India growth but dragged by China's 11% sales drop. The company launched a strategic review of its China operations, eyeing partnerships or alternatives amid economic woes. It raised full-year sales guidance to 1-3% growth and EPS to $3.70-$3.90. Tariffs loom large.

About

A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India. The company offers water heaters for residences, restaurants, hotels, office buildings, laundries, car washes, and small businesses; boilers for hospitals, schools, hotels, and other large commercial buildings, as well as homes, apartments, and condominiums; and water treatment products comprising point-of-entry water softeners, well water solutions, and whole-home water filtration products, and point-of-use carbon and reverse osmosis products for residences, restaurants, hotels, and offices. It also provides commercial water treatment and filtration products; expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, and related products and parts; and electric wall-hung, gas tankless, combi-boiler, and heat pump and solar water heaters. The company offers its products under the A. O. Smith, State, Lochinvar, Hague, Water-Right, Master Water, Atlantic Filter, and Water Tec brands. It distributes its products through independent wholesale plumbing distributors, as well as to retail channels consisting of hardware and home center chains, and manufacturer representative firms; and offers Aquasana branded products directly to consumers through e-commerce channels. A. O. Smith Corporation was founded in 1874 and is headquartered in Milwaukee, Wisconsin.

CEO

Mr. Kevin J. Wheeler

IPO

9/30/1983

Website

https://www.aosmith.com

Employees

12,700

Sector

Industrials

Industry

Specialty Industrial Machinery