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.

Revenue
−0.21%
EPS
−0.74%
Free cash flow
−32.3%
Total debt
+262.3%

Quarter to September 2026, against a year earlier

66.34 0.73 −1.09%
Market cap
$8.9B
P/E
18.5×
Fwd P/E
17.8×
Dividend yield
2.20%
F-score
8/9
Altman Z
8.31
Beneish M
−2.50
Dividend safety
93/100

A. O. Smith Corporation (AOS) Net margin

Alert me on Net margin

A. O. Smith Corporation's net margin over the twelve months to 30 September 2026 was 13.0%, down 1.2 percentage points from fiscal 2025 (14.3%). Over the past ten years it has ranged from 6.28% (fiscal 2022) to 14.5% (fiscal 2023); the current reading is higher than 91% of that period. That is above the Specialty Industrial Machinery industry median of 7.24% and above the Industrials sector median of 2.52%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 14.3% 0.28
FY2024 14.0% (0.47)
FY2023 14.5% 8.17
FY2022 6.28% (7.48)
FY2021 13.8% 1.85
FY2020 11.9% (0.45)
FY2019 12.4% (1.57)
FY2018 13.9% 4.04
FY2017 9.89% (2.27)
FY2016 12.2% 1.01

Quarterly newest first

Period Net margin Change (points)
Sep 2026 13.4% 0.99
Jun 2026 12.4% (0.04)
Mar 2026 12.5% (1.26)
Dec 2025 13.7% (0.27)
43 more quarters

Against its own ten years

Low 6.28% High 14.5%
Ten-year median 12.4%
Current reading's percentile 53

Net margin against peers

Company Net margin
GGG Graco Inc. compare 22.4%
WTS Watts Water Technologies, Inc. compare 16.0%
PNR Pentair plc compare 15.4%
AOS A. O. Smith Corporation 13.0%
DCI Donaldson Company, Inc. compare 11.7%
GNRC Generac Holdings Inc. compare 6.52%
FLS Flowserve Corporation compare 5.42%
RRX Regal Rexnord Corporation compare 3.77%
INIO INNIO N.V. compare 2.71%
Specialty Industrial Machinery industry median 7.24%
Industrials sector median 2.52%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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