Companies / Industrials
AOS
A. O. Smith
Building Products
Building ProductsAnalysis in progress
In progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health69
Growth27
Profitability59
Cash generation70
Balance sheet90
Dilution control100
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)-0.2%Revenue growth (FY)0.3%Revenue CAGR (3y)0.7%Gross margin38.8%Operating margin19.0%Net margin14.3%Free cash flow margin14.3%R&D / revenue2.5%Stock comp / revenue0.4%Net debt / operating cash flow0.04xCurrent ratio1.50Diluted share count change-3.5%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.8B | $3.9B | $3.8B | $3.8B |
| Gross profit | $1.3B | $1.3B | $1.5B | $1.5B | $1.5B |
| Operating income | $682M | $362M | $746M | $708M | $729M |
| Net income | $487M | $236M | $557M | $534M | $546M |
| Operating cash flow | $641M | $391M | $670M | $582M | $617M |
| Capital expenditure | $75M | $70M | $73M | $108M | $71M |
| Free cash flow | $566M | $321M | $598M | $474M | $546M |
| R&D | $94M | $89M | $98M | $102M | $95M |
| Stock-based comp | $12M | $11M | $12M | $15M | $14M |
| Buybacks | $366M | $404M | $306M | $306M | $401M |
| Dividends | $170M | $177M | $184M | $190M | $196M |
| Cash | $443M | $391M | $340M | $240M | $174M |
| Total debt | $204M | $354M | $137M | $203M | $197M |
| Equity | $1.8B | $1.7B | $1.8B | $1.9B | $1.9B |
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