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) Return on invested capital
A. O. Smith Corporation's return on invested capital over the twelve months to 30 June 2026 was 18.8%, down 6.2 percentage points from fiscal 2025 (25.0%). Over the past ten years it has ranged from 20.8% (fiscal 2019) to 29.4% (fiscal 2023); the current reading is higher than 45% of that period. That is above the Specialty Industrial Machinery industry median of 5.36% and above the Industrials sector median of 2.30%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 25.0% | 0.12 |
| FY2024 | 24.9% | (4.55) |
| FY2023 | 29.4% | 3.87 |
| FY2022 | 25.6% | (1.70) |
| FY2021 | 27.3% | 5.63 |
| FY2020 | 21.6% | 0.86 |
| FY2019 | 20.8% | (5.57) |
| FY2018 | 26.3% | 0.56 |
| FY2017 | 25.8% | (0.26) |
| FY2016 | 26.0% | 2.20 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| AOS A. O. Smith Corporation | 18.8% |
| WTS Watts Water Technologies, Inc. compare | 16.4% |
| DCI Donaldson Company, Inc. compare | 13.4% |
| PNR Pentair plc compare | 9.66% |
| GNRC Generac Holdings Inc. compare | 6.68% |
| FLS Flowserve Corporation compare | 6.57% |
| GTES Gates Industrial Corporation PLC compare | 5.42% |
| NPO Enpro Inc. compare | 5.25% |
| RRX Regal Rexnord Corporation compare | 3.98% |
| Specialty Industrial Machinery industry median | 5.36% |
| Industrials sector median | 2.30% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on AOS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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
- 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