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Saturday 17 October 2026 Export AOS’s income statement to Excel — free account

A. O. Smith Corporation

AOS Industrials Specialty Industrial Machinery

A. O. Smith Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.8 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS fell 15.0%, free cash flow fell 6.61% and total debt rose 110.1%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

59.22 0.25 −0.42%
Market cap
$8.1B
P/E
16.5×
Fwd P/E
15.3×
Dividend yield
2.43%
F-score
8/9
Altman Z
8.31
Beneish M
−2.50
Dividend safety
93/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

A. O. Smith Corporation (AOS) Debt to equity

Alert me on Debt to equity

A. O. Smith Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.3×, up 0.3× from fiscal 2025 (0.1×). Over the past ten years it has ranged from 0.1× (fiscal 2020) to 0.2× (fiscal 2017); the current reading is higher than 27% of that period. That is in line with the Specialty Industrial Machinery industry median of 0.3× and in line with the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.1× (18.71%)
FY2024 0.1× 48.70%
FY2023 0.1× (64.99%)
FY2022 0.2× 83.52%
FY2021 0.1× 75.49%
FY2020 0.1× (64.08%)
FY2019 0.2× 32.20%
FY2018 0.1× (48.34%)
FY2017 0.2× 16.81%
FY2016 0.2× 23.75%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.3× 5.55%
Mar 2026 0.3× 293.17%
Dec 2025 0.1× (17.18%)
Sep 2025 0.1× (38.75%)
42 more quarters

Against its own ten years

Low 0.1× High 0.2×
Ten-year median 0.1×
Current reading's percentile 27

Debt to equity against peers

Company Debt to equity
WTS Watts Water Technologies, Inc. compare 0.0×
AOS A. O. Smith Corporation 0.3×
NPO Enpro Inc. compare 0.4×
PNR Pentair plc compare 0.4×
GNRC Generac Holdings Inc. compare 0.5×
GTES Gates Industrial Corporation PLC compare 0.6×
RRX Regal Rexnord Corporation compare 0.7×
DCI Donaldson Company, Inc. compare 0.7×
FLS Flowserve Corporation compare 0.9×
Specialty Industrial Machinery industry median 0.3×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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