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.
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A. O. Smith Corporation (AOS) 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 | Free account |
Against its own ten years
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
More on AOS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement