A.O. Smith/$AOS
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About A.O. Smith
A.O. Smith manufactures a broad lineup of water heaters, boilers, and water treatment products. The company has two reporting segments: North America (80% of sales) and rest of world (20% of sales). A.O. Smith is the leading manufacturer of water heaters in North America for the residential and commercial markets, with approximately 36% and 52% market share, respectively. Residential water heaters account for most of North American sales and are distributed equally through wholesale and retail channels. Most of A.O. Smith's international revenue is from China, a market the company entered in the mid-1990s.
- Ticker
- $AOS
- Sector
- Industrials
- Primary listing
- NYSE
- Employees
- 11,500
- Headquarters
- Milwaukee, United States
- Website
- www.aosmith.com
A.O. Smith Metrics
BasicAdvanced
$8.1B
16.62
$3.59
1.15
$1.44
2.41%
Price and volume
Market cap
$8.1B
Beta
1.15
52-week high
$81.87
52-week low
$54.16
Average daily volume
1.5M
Dividend rate
$1.44
Financial strength
Current ratio
1.594
Quick ratio
0.976
Long term debt to equity
0.346
Total debt to equity
0.368
Dividend payout ratio (TTM)
39.58%
Interest coverage (TTM)
32.61%
Profitability
EBITDA (TTM)
783.7
Gross margin (TTM)
38.59%
Net profit margin (TTM)
13.15%
Operating margin (TTM)
18.17%
Effective tax rate (TTM)
22.45%
Revenue per employee (TTM)
$330,000
Management effectiveness
Return on assets (TTM)
12.54%
Return on equity (TTM)
27.13%
Valuation
Price to earnings (TTM)
16.621
Price to revenue (TTM)
2.166
Price to book
4.4
Price to tangible book (TTM)
24.01
Price to free cash flow (TTM)
12.89
Free cash flow yield (TTM)
7.76%
Free cash flow per share (TTM)
4.628
Dividend yield (TTM)
2.41%
Forward dividend yield
2.41%
Growth
Revenue change (TTM)
0.39%
Earnings per share change (TTM)
0.16%
3-year revenue growth (CAGR)
0.60%
10-year revenue growth (CAGR)
4.01%
3-year earnings per share growth (CAGR)
26.16%
10-year earnings per share growth (CAGR)
7.32%
3-year dividend per share growth (CAGR)
6.37%
10-year dividend per share growth (CAGR)
12.69%
What the Analysts think about A.O. Smith
Analyst ratings (Buy, Hold, Sell) for A.O. Smith stock.
Analyst projections of the future price of A.O. Smith stock.
Bulls say / Bears say
North America sales rose 5% in the second quarter, with organic growth of 3%; boiler sales climbed 21%, helping offset weaker residential water heater volumes. This shows the core business still has growth pockets despite a soft market. (PR Newswire)
A.O. Smith generated $233 million of free cash flow in the first half, up 67% year on year, and raised its 2026 share-repurchase target to $300 million. Strong cash generation gives it scope to return capital while investing in the business. (PR Newswire)
Management expects its North America water-treatment restructuring to lift operating margins by about 200 basis points in 2026, with a further improvement targeted for 2027. If delivered, the changes could make this business a more meaningful source of profit growth. (The Motley Fool)
China sales fell 28% year on year in the second quarter, while the company continues to assess its strategic options there. A prolonged slump or costly restructuring could keep international results under pressure. (Stockopedia)
Weak North American residential water heater demand led A.O. Smith to narrow its 2026 sales-growth outlook to 2%–3% and adjusted EPS outlook to $3.70–$3.85. Continued weakness in new construction and existing-home sales could put further pressure on volumes. (PR Newswire, The Motley Fool)
Higher steel costs, tariffs and other material inflation are expected to weigh on margins in the second half, and management said third-quarter earnings would be lower than both the second and fourth quarters. If pricing actions do not catch up with those costs, profit could disappoint. (The Motley Fool)
Data summarised monthly by Lightyear AI. Last updated on 7 Oct 2026.
A.O. Smith Financial Performance
Revenues and expenses
A.O. Smith Earnings Performance
Company profitability
Upcoming events
Funds containing A.O. Smith
AllUSDEURGBP
Fund name | Fund size | $AOS weighting |
|---|---|---|
L&G Clean Water$GLUG | $772M | 1.81% |
L&G Clean Water£GLGG | $772M | 1.81% |
VanEck Morningstar Wide Moat£MOGB | $376M | 1.16% |
VanEck Morningstar Wide Moat€GMVM | $376M | 1.16% |
VanEck Morningstar Wide Moat$MOAT | $396M | 1.16% |
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