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

A. O. Smith Corporation (AOS) Operating margin

Alert me on Operating margin

A. O. Smith Corporation's operating margin over the twelve months to 30 June 2026 was 18.2%, down 0.8 percentage points from fiscal 2025 (19.0%). Over the past ten years it has ranged from 15.2% (fiscal 2020) to 19.7% (fiscal 2023); the current reading is higher than 91% of that period. That is above the Specialty Industrial Machinery industry median of 11.2% and above the Industrials sector median of 5.13%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 19.0% 0.24
FY2024 18.8% (0.89)
FY2023 19.7% 2.11
FY2022 17.6% 0.33
FY2021 17.2% 2.02
FY2020 15.2% (0.34)
FY2019 15.5% (1.56)
FY2018 17.1% 0.09
FY2017 17.0% 0.19
FY2016 16.8% 1.09

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 18.9% 1.82
Mar 2026 17.1% (0.84)
Dec 2025 18.0% (0.68)
Sep 2025 18.6% (1.72)
42 more quarters

Against its own ten years

Low 15.2% High 19.7%
Ten-year median 17.1%
Current reading's percentile 71

Operating margin against peers

Company Operating margin
PNR Pentair plc compare 20.3%
WTS Watts Water Technologies, Inc. compare 19.1%
AOS A. O. Smith Corporation 18.2%
DCI Donaldson Company, Inc. compare 15.4%
NPO Enpro Inc. compare 14.3%
GTES Gates Industrial Corporation PLC compare 13.3%
RRX Regal Rexnord Corporation compare 11.7%
GNRC Generac Holdings Inc. compare 9.50%
FLS Flowserve Corporation compare 9.44%
Specialty Industrial Machinery industry median 11.2%
Industrials sector median 5.13%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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