A.O. Smith/$AOS

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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 (75% of sales) and rest of world (25% of sales). A.O. Smith is the leading manufacturer of water heaters in North America for the residential and commercial markets, with approximately 37% and 54% 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 during the mid-1990s. However, the firm announced a strategic review of its China operations.

Ticker

$AOS

Primary listing

NYSE

Employees

12,700

A.O. Smith Metrics

BasicAdvanced
$9.2B
17.92
$3.70
1.30
$1.36
2.05%

What the Analysts think about A.O. Smith

Analyst ratings (Buy, Hold, Sell) for A.O. Smith stock.

Bulls say / Bears say

A.O. Smith posted Q3 adjusted EPS of $0.94, surpassing the consensus estimate of $0.89 and growing 15% year-over-year, showing strong profitability despite inflation.
In Q3, the North America segment grew sales by 6% to $742.8 million and expanded its operating margin by 110 basis points, fueled by pricing measures and higher commercial water heater volumes.
Cash generation remains strong, with operating cash flow up 21% to $434 million and free cash flow rising 35% to $381 million for the first nine months of 2025, supporting balance sheet strength.
Rest-of-world segment sales declined 1% in Q3, with China sales plunging 12% year-over-year, highlighting ongoing weak demand in the Chinese market.
The company narrowed its full-year EPS guidance to $3.70–$3.85 and lowered its sales outlook to flat-to-up 1%, pointing to continued challenges in China and weakening residential construction in North America.
In Q2, net sales slipped 1% to $1.01 billion due to reduced North American water heater volumes and an 11% decline in China sales, indicating volume pressure in key markets.
Data summarised monthly by Lightyear AI. Last updated on 8 Nov 2025.

A.O. Smith Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

A.O. Smith Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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