Symbols / AOS Stock $59.23 +3.31% A. O. Smith Corporation

Industrials • Specialty Industrial Machinery • United States • NYQ
AOS (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Specialty Industrial Machinery
CEO Mr. Stephen M. Shafer
Exch · Country NYQ · United States
Market Cap 8.16B
Enterprise Value 8.62B
Income 527.60M
Sales 3.81B
FCF (ttm) 495.61M
Book/sh 13.62
Cash/sh 1.48
Employees 11,500
Insider 10d —
IPO Sep 30, 1983
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 37.33%
P/E 15.79
Forward P/E 14.17
PEG 1.49
P/S 2.14
P/B 4.35
P/C —
EV/EBITDA 10.83
EV/Sales 2.26
Quick Ratio 0.95
Current Ratio 1.56
Debt/Eq 34.98
LT Debt/Eq —
EPS (ttm) 3.75
EPS next Y 4.18
EPS Growth -10.50%
Revenue Growth -1.90%
EPS Gr Q/Q -13.60%
Rev Gr Q/Q —
Earnings (next) 2026-07-30
Earnings (prior) 2026-04-30
ROA 12.78%
ROE 28.27%
ROIC —
Gross Margin 38.76%
Oper. Margin 17.11%
Profit Margin 13.84%
Shs Outstand 111.97M
Shs Float 109.78M
Insider Own 0.46%
Instit Own 109.92%
Short Float 7.63%
Short Ratio 4.01
Short Interest 7.41M
52W High 81.87
vs 52W High -27.65%
52W Low 54.16
vs 52W Low 9.36%
Beta 1.18
Impl. Vol. 1.56%
Rel Volume 0.79
Avg Volume 1.62M
Volume 1.27M
Target (mean) $70.91
Tgt Median $70.00
Tgt Low $59.00
Tgt High $84.00
# Analysts 11
Recom Hold
Prev Close $57.33
Price $59.23
Change 3.31%
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, homes, apartments, and condominiums, and other large commercial buildings; 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, Impact, 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, as well as offers Aquasana branded products directly to consumers through e-commerce channels; and A. O. Smith branded water treatment products through dealer network and Amazon. A. O. Smith Corporation was founded in 1874 and is headquartered in Milwaukee, Wisconsin.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$70.91
Mean price target
2. Current target
$59.23
Latest analyst target
3. DCF / Fair value
$79.68
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$59.23
Low
$59.00
High
$84.00
Mean
$70.91

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-15 down JP Morgan Neutral → Underweight $60
2026-05-04 main Citigroup Neutral → Neutral $65
2026-05-04 main DA Davidson Neutral → Neutral $67
2026-05-01 main JP Morgan Neutral → Neutral $65
2026-04-14 main Stifel Buy → Buy $78
2026-04-13 main Goldman Sachs Sell → Sell $61
2026-04-13 main Citigroup Neutral → Neutral $74
2026-02-02 main DA Davidson Neutral → Neutral $75
2026-01-30 main Citigroup Neutral → Neutral $78
2026-01-30 main Stifel Buy → Buy $85
2025-11-13 main DA Davidson Neutral → Neutral $75
2025-10-29 main Citigroup Neutral → Neutral $72
2025-10-29 main Stifel Buy → Buy $80
2025-07-28 main UBS Neutral → Neutral $76
2025-07-28 main Oppenheimer Outperform → Outperform $88
2025-07-25 main Stifel Buy → Buy $89
2025-07-25 main Baird Neutral → Neutral $82
2025-07-21 main Stifel Buy → Buy $81
2025-06-24 init JP Morgan — → Neutral $70
2025-04-30 main Stifel Buy → Buy $78
News
RSS: Latest AOS news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-13 MAPES CHRISTOPHER L Director — 2,262 $66.32 $150,016
2026-04-13 KADRI ILHAM Director — 2,262 $66.32 $150,016
2026-04-13 FISTER TODD W Director — 2,262 $66.32 $150,016
2026-04-13 SMITH MARK D Director — 2,262 $66.32 $150,016
2026-04-13 MARTIN LOIS M Director — 2,262 $66.32 $150,016
2026-03-04 SCHUH DARRELL W Officer — 1,104 $74.39 $82,126
2026-02-23 CARVER SAMUEL M Officer — 1,144 $0.00 $0
2026-02-13 STERN JAMES F Officer — 1,633 $79.88 $130,452
2026-02-13 WHEELER KEVIN J. Officer and Director — 8,598 $79.88 $686,851
2026-02-13 LAUBER CHARLES T. Chief Financial Officer — 2,254 $79.88 $180,061
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
3,830.20
+0.32%
3,818.10
-0.90%
3,852.80
+2.63%
3,753.90
Operating Revenue
3,830.20
+0.32%
3,818.10
-0.90%
3,852.80
+2.63%
3,753.90
Cost Of Revenue
2,342.80
-0.81%
2,362.00
-0.25%
2,368.00
-2.32%
2,424.30
Reconciled Cost Of Revenue
2,342.80
-0.81%
2,362.00
-0.25%
2,368.00
-2.32%
2,424.30
Gross Profit
1,487.40
+2.15%
1,456.10
-1.93%
1,484.80
+11.67%
1,329.60
Operating Expense
759.40
+2.72%
739.30
+1.64%
727.40
+8.42%
670.90
Selling General And Administration
759.40
+2.72%
739.30
+1.64%
727.40
+8.42%
670.90
Total Expenses
3,102.20
+0.03%
3,101.30
+0.19%
3,095.40
+0.01%
3,095.20
Operating Income
728.00
+1.56%
716.80
-5.36%
757.40
+14.98%
658.70
EBITDA
813.70
+3.46%
786.50
-4.53%
823.80
+165.74%
310.00
Normalized EBITDA
813.70
+1.19%
804.10
-4.57%
842.60
+171.81%
310.00
Reconciled Depreciation
85.10
+7.99%
78.80
+0.64%
78.30
+1.82%
76.90
EBIT
728.60
+2.95%
707.70
-5.07%
745.50
+219.82%
233.10
Total Unusual Items
0.00
+100.00%
-17.60
+6.38%
-18.80
0.00
Total Unusual Items Excluding Goodwill
0.00
+100.00%
-17.60
+6.38%
-18.80
0.00
Special Income Charges
0.00
+100.00%
-17.60
+6.38%
-18.80
0.00
Restructuring And Mergern Acquisition
0.00
-100.00%
17.60
-6.38%
18.80
0.00
Net Income
546.20
+2.36%
533.60
-4.13%
556.60
+136.15%
235.70
Pretax Income
715.10
+2.01%
701.00
-4.43%
733.50
+227.89%
223.70
Net Non Operating Interest Income Expense
-13.50
-101.49%
-6.70
+44.17%
-12.00
-27.66%
-9.40
Interest Expense Non Operating
13.50
+101.49%
6.70
-44.17%
12.00
+27.66%
9.40
Net Interest Income
-13.50
-101.49%
-6.70
+44.17%
-12.00
-27.66%
-9.40
Interest Expense
13.50
+101.49%
6.70
-44.17%
12.00
+27.66%
9.40
Other Income Expense
0.60
+106.59%
-9.10
+23.53%
-11.90
+97.20%
-425.60
Other Non Operating Income Expenses
0.60
-92.94%
8.50
+23.19%
6.90
+101.62%
-425.60
Tax Provision
168.90
+0.90%
167.40
-5.37%
176.90
+1574.17%
-12.00
Tax Rate For Calcs
0.00
-1.26%
0.00
-0.83%
0.00
+14.76%
0.00
Tax Effect Of Unusual Items
0.00
+100.00%
-4.21
+7.16%
-4.53
0.00
Net Income Including Noncontrolling Interests
546.20
+2.36%
533.60
-4.13%
556.60
+136.15%
235.70
Net Income From Continuing Operation Net Minority Interest
546.20
+2.36%
533.60
-4.13%
556.60
+136.15%
235.70
Net Income From Continuing And Discontinued Operation
546.20
+2.36%
533.60
-4.13%
556.60
+136.15%
235.70
Net Income Continuous Operations
546.20
+2.36%
533.60
-4.13%
556.60
+136.15%
235.70
Normalized Income
546.20
-0.15%
546.99
-4.18%
570.87
+142.20%
235.70
Net Income Common Stockholders
546.20
+2.36%
533.60
-4.13%
556.60
+136.15%
235.70
Diluted EPS
3.85
+6.09%
3.63
-1.57%
3.69
+144.09%
1.51
Basic EPS
3.85
+6.09%
3.63
-1.57%
3.69
+136.40%
1.56
Basic Average Shares
141.91
-3.51%
147.08
-2.60%
151.02
-0.11%
151.18
Diluted Average Shares
141.91
-3.51%
147.08
-2.60%
151.02
-3.06%
155.78
Diluted NI Availto Com Stockholders
546.20
+2.36%
533.60
-4.13%
556.60
+136.15%
235.70
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
3,142.80
-3.00%
3,240.00
+0.81%
3,213.90
-3.55%
3,332.30
Current Assets
1,291.50
-7.28%
1,392.90
-7.16%
1,500.30
-8.17%
1,633.70
Cash Cash Equivalents And Short Term Investments
193.20
-30.03%
276.10
-24.02%
363.40
-24.57%
481.80
Cash And Cash Equivalents
174.50
-27.17%
239.60
-29.51%
339.90
-13.11%
391.20
Other Short Term Investments
18.70
-48.77%
36.50
+55.32%
23.50
-74.06%
90.60
Receivables
582.30
+7.55%
541.40
-9.16%
596.00
+2.55%
581.20
Accounts Receivable
582.30
+7.55%
541.40
-9.16%
596.00
+2.55%
581.20
Gross Accounts Receivable
596.40
+7.60%
554.30
-8.55%
606.10
+2.61%
590.70
Allowance For Doubtful Accounts Receivable
-14.10
-9.30%
-12.90
-27.72%
-10.10
-6.32%
-9.50
Inventory
479.30
-9.92%
532.10
+6.98%
497.40
-3.68%
516.40
Raw Materials
311.30
-9.24%
343.00
+6.32%
322.60
-7.62%
349.20
Work In Process
43.70
+3.07%
42.40
-4.07%
44.20
+4.99%
42.10
Finished Goods
180.10
-8.16%
196.10
+10.35%
177.70
+1.89%
174.40
Other Current Assets
36.70
-15.24%
43.30
-0.46%
43.50
-19.89%
54.30
Total Non Current Assets
1,851.30
+0.23%
1,847.10
+7.79%
1,713.60
+0.88%
1,698.60
Net PPE
681.40
+3.01%
661.50
+4.21%
634.80
+2.30%
620.50
Gross PPE
1,610.70
+5.36%
1,528.70
+5.00%
1,455.90
+4.40%
1,394.60
Accumulated Depreciation
-929.30
-7.16%
-867.20
-5.61%
-821.10
-6.07%
-774.10
Properties
0.00
0.00
0.00
0.00
Land And Improvements
30.40
+1.33%
30.00
-3.23%
31.00
+8.77%
28.50
Buildings And Improvements
424.90
+4.01%
408.50
+7.90%
378.60
+1.45%
373.20
Machinery Furniture Equipment
147.30
+1.17%
145.60
+1.75%
143.10
+1.78%
140.60
Other Properties
1,008.10
+6.72%
944.60
+4.58%
903.20
+5.97%
852.30
Goodwill And Other Intangible Assets
1,072.90
-0.91%
1,082.80
+11.62%
970.10
+0.26%
967.60
Goodwill
710.60
-6.71%
761.70
+20.26%
633.40
+2.21%
619.70
Other Intangible Assets
362.30
+12.83%
321.10
-4.63%
336.70
-3.22%
347.90
Other Non Current Assets
97.00
-5.64%
102.80
-5.43%
108.70
-1.63%
110.50
Total Liabilities Net Minority Interest
1,284.80
-5.29%
1,356.50
-0.95%
1,369.50
-13.57%
1,584.60
Current Liabilities
862.50
-3.87%
897.20
-5.09%
945.30
+1.19%
934.20
Payables And Accrued Expenses
745.20
-9.14%
820.20
-5.72%
870.00
+1.09%
860.60
Payables
504.10
-14.37%
588.70
-1.95%
600.40
-4.06%
625.80
Accounts Payable
504.10
-14.37%
588.70
-1.95%
600.40
-4.06%
625.80
Current Accrued Expenses
241.10
+4.15%
231.50
-14.13%
269.60
+14.82%
234.80
Employee Benefits
7.40
-32.73%
11.00
+4.76%
10.50
+6.06%
9.90
Current Debt And Capital Lease Obligation
42.30
+323.00%
10.00
+0.00%
10.00
+0.00%
10.00
Current Debt
42.30
+323.00%
10.00
+0.00%
10.00
+0.00%
10.00
Other Current Borrowings
42.30
+323.00%
10.00
+0.00%
10.00
+0.00%
10.00
Total Non Current Liabilities Net Minority Interest
422.30
-8.06%
459.30
+8.27%
424.20
-34.78%
650.40
Long Term Debt And Capital Lease Obligation
149.80
-27.53%
206.70
+42.36%
145.20
-59.32%
356.90
Long Term Debt
112.70
-38.48%
183.20
+56.18%
117.30
-64.93%
334.50
Long Term Capital Lease Obligation
37.10
+57.87%
23.50
-15.77%
27.90
+24.55%
22.40
Long Term Provisions
134.70
+9.16%
123.40
+0.49%
122.80
+3.28%
118.90
Non Current Pension And Other Postretirement Benefit Plans
7.40
-32.73%
11.00
+4.76%
10.50
+6.06%
9.90
Other Non Current Liabilities
130.40
+10.32%
118.20
-18.87%
145.70
-11.54%
164.70
Stockholders Equity
1,858.00
-1.35%
1,883.50
+2.12%
1,844.40
+5.53%
1,747.70
Common Stock Equity
1,858.00
-1.35%
1,883.50
+2.12%
1,844.40
+5.53%
1,747.70
Capital Stock
294.70
-0.03%
294.80
+0.00%
294.80
-0.03%
294.90
Common Stock
294.70
-0.03%
294.80
+0.00%
294.80
-0.03%
294.90
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
190.58
0.00%
190.58
+0.00%
190.58
0.00%
190.58
Ordinary Shares Number
138.54
-4.00%
144.32
-2.17%
147.53
-2.42%
151.18
Treasury Shares Number
52.17
+12.45%
46.39
+7.43%
43.18
+9.24%
39.53
Additional Paid In Capital
614.40
+2.18%
601.30
+4.00%
578.20
+4.01%
555.90
Retained Earnings
3,951.80
+9.73%
3,601.30
+10.53%
3,258.10
+12.93%
2,885.00
Gains Losses Not Affecting Retained Earnings
-98.60
+11.89%
-111.90
-32.90%
-84.20
-2.18%
-82.40
Treasury Stock
2,904.30
+16.08%
2,502.00
+13.60%
2,202.50
+15.57%
1,905.70
Other Equity Adjustments
-98.60
+11.89%
-111.90
-32.90%
-84.20
-2.18%
-82.40
Total Equity Gross Minority Interest
1,858.00
-1.35%
1,883.50
+2.12%
1,844.40
+5.53%
1,747.70
Total Capitalization
1,970.70
-4.65%
2,066.70
+5.35%
1,961.70
-5.79%
2,082.20
Working Capital
429.00
-13.46%
495.70
-10.68%
555.00
-20.66%
699.50
Invested Capital
2,013.00
-3.07%
2,076.70
+5.33%
1,971.70
-5.76%
2,092.20
Total Debt
192.10
-11.35%
216.70
+39.63%
155.20
-57.70%
366.90
Capital Lease Obligations
37.10
+57.87%
23.50
-15.77%
27.90
+24.55%
22.40
Net Tangible Assets
785.10
-1.95%
800.70
-8.42%
874.30
+12.08%
780.10
Tangible Book Value
785.10
-1.95%
800.70
-8.42%
874.30
+12.08%
780.10
Current Provisions
75.00
+11.94%
67.00
+2.60%
65.30
+2.67%
63.60
Foreign Currency Translation Adjustments
—
—
-80.30
+4.52%
-84.10
Inventories Adjustments Allowances
-55.80
-12.96%
-49.40
-4.88%
-47.10
+4.46%
-49.30
Minimum Pension Liabilities
—
—
-4.60
-43.75%
-3.20
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
616.80
+6.02%
581.80
-13.20%
670.30
+71.26%
391.40
Cash Flow From Continuing Operating Activities
616.80
+6.02%
581.80
-13.20%
670.30
+71.26%
391.40
Net Income From Continuing Operations
546.20
+2.36%
533.60
-4.13%
556.60
+136.15%
235.70
Depreciation Amortization Depletion
85.10
+7.99%
78.80
+0.64%
78.30
+1.82%
76.90
Depreciation And Amortization
85.10
+7.99%
78.80
+0.64%
78.30
+1.82%
76.90
Pension And Employee Benefit Expense
0.00
0.00
+100.00%
-0.90
-100.22%
417.30
Stock Based Compensation
13.80
-7.38%
14.90
+29.57%
11.50
+3.60%
11.10
Asset Impairment Charge
0.00
-100.00%
4.70
-69.87%
15.60
0.00
Deferred Tax
8.90
+293.48%
-4.60
-27.78%
-3.60
+97.85%
-167.70
Deferred Income Tax
8.90
+293.48%
-4.60
-27.78%
-3.60
+97.85%
-167.70
Operating Gains Losses
—
—
-0.90
-100.22%
417.30
Change In Working Capital
-37.20
+18.42%
-45.60
-456.25%
12.80
+107.04%
-181.90
Change In Receivables
-36.40
-174.29%
49.00
+398.78%
-16.40
-138.59%
42.50
Change In Inventory
56.90
+240.49%
-40.50
-323.76%
18.10
+121.86%
-82.80
Change In Payables And Accrued Expense
-81.40
-109.79%
-38.80
-654.29%
7.00
+105.15%
-135.90
Change In Accrued Expense
16.50
+150.15%
-32.90
-215.85%
28.40
+161.08%
-46.50
Change In Payable
-97.90
-1559.32%
-5.90
+72.43%
-21.40
+76.06%
-89.40
Change In Account Payable
-97.90
-1559.32%
-5.90
+72.43%
-21.40
+76.06%
-89.40
Change In Other Working Capital
15.40
+168.75%
-22.40
-622.58%
-3.10
-191.18%
3.40
Change In Other Current Assets
8.30
+16.90%
7.10
-1.39%
7.20
+179.12%
-9.10
Investing Cash Flow
-53.00
+80.16%
-267.10
-1008.30%
-24.10
-397.53%
8.10
Cash Flow From Continuing Investing Activities
-53.00
+80.16%
-267.10
-1008.30%
-24.10
-397.53%
8.10
Capital Expenditure
-70.80
+34.44%
-108.00
-48.76%
-72.60
-3.27%
-70.30
Capital Expenditure Reported
-70.80
+34.44%
-108.00
-48.76%
-72.60
-3.27%
-70.30
Net Investment Purchase And Sale
17.80
+234.85%
-13.20
-120.21%
65.30
-24.42%
86.40
Purchase Of Investment
-42.70
+42.06%
-73.70
-16.80%
-63.10
+31.11%
-91.60
Sale Of Investment
60.50
+0.00%
60.50
-52.88%
128.40
-27.87%
178.00
Net Business Purchase And Sale
0.00
+100.00%
-145.90
-768.45%
-16.80
-110.00%
-8.00
Purchase Of Business
0.00
+100.00%
-145.90
-768.45%
-16.80
-110.00%
-8.00
Financing Cash Flow
-633.10
-55.02%
-408.40
+40.35%
-684.70
-58.94%
-430.80
Cash Flow From Continuing Financing Activities
-633.10
-55.02%
-408.40
+40.35%
-684.70
-58.94%
-430.80
Net Issuance Payments Of Debt
-37.60
-153.95%
69.70
+131.96%
-218.10
-244.82%
150.60
Issuance Of Debt
1,087.30
-1.16%
1,100.10
+59.90%
688.00
—
Repayment Of Debt
-1,124.90
-9.17%
-1,030.40
-13.72%
-906.10
—
Long Term Debt Issuance
1,087.30
-1.16%
1,100.10
+59.90%
688.00
—
Long Term Debt Payments
-1,124.90
-9.17%
-1,030.40
-13.72%
-906.10
—
Net Long Term Debt Issuance
-37.60
-153.95%
69.70
+131.96%
-218.10
-244.82%
150.60
Net Common Stock Issuance
-400.80
-31.07%
-305.80
+0.23%
-306.50
+24.04%
-403.50
Common Stock Payments
-400.80
-31.07%
-305.80
+0.23%
-306.50
+24.04%
-403.50
Common Stock Dividend Paid
-195.70
-2.78%
-190.40
-3.76%
-183.50
-3.56%
-177.20
Cash Dividends Paid
-195.70
-2.78%
-190.40
-3.76%
-183.50
-3.56%
-177.20
Repurchase Of Capital Stock
-400.80
-31.07%
-305.80
+0.23%
-306.50
+24.04%
-403.50
Proceeds From Stock Option Exercised
1.00
-94.48%
18.10
-22.65%
23.40
+3442.86%
-0.70
Net Other Financing Charges
—
—
—
-0.70
Changes In Cash
-69.30
+26.04%
-93.70
-143.38%
-38.50
-23.00%
-31.30
Effect Of Exchange Rate Changes
4.20
+163.64%
-6.60
+48.44%
-12.80
+38.46%
-20.80
Beginning Cash Position
239.60
-29.51%
339.90
-13.11%
391.20
-11.75%
443.30
End Cash Position
174.50
-27.17%
239.60
-29.51%
339.90
-13.11%
391.20
Free Cash Flow
546.00
+15.24%
473.80
-20.73%
597.70
+86.14%
321.10
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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