AOS
NYSE · USDA. O. Smith Corporation
Industrials · Industrial - Machinery
CEO Stephen Shafer
Employees 11,500
R&D / revenue 0.0%
Last price
$59.22−0.42%last session
Market cap
$8.0B
P/E (TTM)
16.5x
From 52w high
−27.7%
From 52w low
+9.3%
1-year return
−12.7%
RSI 14 · vs SMA200
57.9 · −6.5%
IS score
65.4/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)
One year, rebased to 100
AOS SPY XLI (sector ETF) · weekly closesScore DNA
Each bar is a 0-100 score within the scored universe66Profitability
39Growth
55Value
68Momentum
100Risk (safety)
76Quality
71Balance sheet
71Earnings quality
Flags
Strengths
✓ FCF yield 5%+
Warnings
None of the computed warning flags fires for AOS (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Weak, Cost AdvantagePiotroski 4 / 9Altman Z 6.3Beta 1.151 of 4 smart-money sources active
Smart-money strip
Each disclosure source on its own window. Filings coinciding is not coordination.INSForm 4 · 180 days
Insider open-market buys
0
No open-market sales on file
Form 144 notices (12m): 1, $82,126 proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
0
No disclosed purchases
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
−20
78 new holders, 93 closed
616 filers hold 91.8% · 239 added, 229 trimmed
ETFETF holdings · 30 days
Net funds accumulating
−24
532 funds adding shares
556 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
60.4%
20-day avg 63.2%, 50-day avg 68.1%
Latest 2.8 pp under its 20-day average · a flow, not short interest
Key financials · FY2025
USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.Income statement
Revenue$3.8B
Revenue growth YoY+0.3%
Gross margin38.8%
Operating income$728.0M
Operating margin19.0%
Net income$546.2M
Net margin14.3%
EPS (diluted)$3.86
Cash flow
Operating cash flow$616.8M
Capital expenditure$70.8M
Free cash flow$546.0M
FCF conversion (FCF / OCF)88.5%
Stock-based compensation$13.8M
FCF less SBC$532.2M
Buybacks$400.8M
Dividends$195.7M
Balance sheet & returns
Cash & short-term investments$193.2M
Total debt$155.0M
Net cash$38.2M
Shareholders' equity$1.9B
Goodwill & intangibles$1.1B
Debt / equity0.37
ROE (TTM)27.0%
ROIC (TTM)18.4%
Operating margin by fiscal year
Revenue $3.5B (FY2021) to $3.8B (FY2025), a 2.0% CAGR.
Valuation
P/E (TTM)16.5x
EV / EBITDA11.3x
Price / sales2.12x
Price / FCF12.6x
FCF yield7.94%
Buyback yield4.98%
SBC / revenue0.4%
Price / book4.45x
Forward P/E FY202615.9x
Forward P/E FY202714.6x
Forward P/E FY202813.5x
Forward multiples divide today's price by Street EPS estimates. Street mean target $73.00 across 2 analysts last quarter is theirs, not ours.
AOS vs industry median
328 companies in Industrial - Machinery
AOS (TTM)Industry median
Asset turnover 1.04 vs industry 0.76 · financial leverage 1.98
Earnings delivery
Next report 2026-10-29 · consensus EPS $0.9067%
beat rate, 8 of 12 quarters
+2.8%
median EPS surprise
4
longest beat streak
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-10-26 to 2026-07-30. Bars cap at ±60%.
Peers
Market-cap band, not the industry cohort above| Company | Mkt cap | P/E | ROE | Net margin | Rev growth | 12m return |
|---|---|---|---|---|---|---|
| AOS A. O. Smith Corporation | $8.0B | 16.5x | 27.0% | 13.1% | +0.3% | −12.7% |
| MOD Modine Manufacturing Company | $7.9B | 55.8x | 13.1% | 8.5% | +29.5% | −7.3% |
| ZWS Zurn Elkay Water Solutions C | $7.8B | 28.5x | 17.1% | 25.6% | +7.7% | +3.4% |
| PNR Pentair plc | $8.5B | 13.3x | 17.6% | 13.8% | −2.1% | −50.7% |
| FLS Flowserve Corporation | $9.0B | 24.5x | 16.6% | 8.5% | −0.3% | +39.9% |
| GTES Gates Industrial Corporation | $6.5B | 18.1x | 10.7% | 18.2% | +3.3% | — |
| GTLS Chart Industries, Inc. | $10.0B | n/m | -0.9% | -1.9% | −1.5% | — |
| DCI Donaldson Company, Inc. | $10.2B | 22.4x | 28.2% | 12.2% | +5.3% | — |
12-month window: SPY +15.9%, sector ETF XLI +10.7%. Past returns describe history only.
Recent 8-K filings
2026-07-30Earnings Release; Exhibits
2026-06-22Officer/Director Change; Exhibits
2026-05-19Officer/Director Change; Exhibits
2026-04-30Earnings Release; Exhibits
2026-04-17Shareholder Vote; Other Events
2026-01-29Results of Operations and Financial Condition; Financial Statements and Exhibits
Context
Shares outstanding135,908,577
Free float79.8%
Institutional ownership91.8%
Beta1.15
Dividend yield2.43%
Last dividend$0.38 on 2026-10-30
50 / 200-day average$59.30 / $63.87
Mid-cap Industrials median P/E25.0x
Full factsheet
The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Weak).
Read it in the browser Download (PDF)All fundamentals · 140 measures in 13 categories
Percentile = where AOS sits among 62 scored companies in Industrial - Machinery (0 = lowest value, 100 = highest). It is a position, not a grade.ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)
Valuation
| Measure | AOS | Industry percentile |
|---|---|---|
| P/E (TTM) | 16.1x | 9th |
| PEG (P/E ÷ 3-yr EPS CAGR) | 0.62 | 17th |
| Price / sales | 2.1x | 41st |
| Price / book | 4.4x | 65th |
| Price / tangible book | 25.7x | 79th |
| Price / free cash flow | 12.6x | 5th |
| Price / operating cash flow | 11.6x | 14th |
| Enterprise value | $8.5B | 57th |
| EV / sales | 2.2x | 33rd |
| EV / EBITDA | 11.3x | 11th |
| EV / EBIT | 12.8x | 7th |
| EV / free cash flow | 13.4x | 2nd |
| Earnings yield | 6.2% | 92nd |
| FCF yield | 7.9% | 95th |
| Operating cash flow yield | 8.6% | 87th |
| Graham number (per share) | $32.87 | 35th |
Profitability (TTM)
| Measure | AOS | Industry percentile |
|---|---|---|
| Gross margin | 38.6% | 62nd |
| EBITDA margin | 19.9% | 61st |
| Operating margin | 17.6% | 70th |
| EBIT margin | 17.5% | 67th |
| Net margin | 13.1% | 72nd |
| NOPAT margin | 13.6% | 70th |
| FCF margin | 16.8% | 79th |
| Operating cash flow margin | 18.2% | 77th |
| R&D / revenue | 0.0% | 0th |
| SG&A / revenue | 20.4% | 56th |
| Stock comp / revenue | 0.4% | 20th |
| Effective tax rate | 22.4% | 58th |
Returns on capital
| Measure | AOS | Industry percentile |
|---|---|---|
| ROE (on average equity) | 27.1% | 86th |
| ROA | 14.5% | 93rd |
| ROIC | 22.2% | 85th |
| ROCE | 24.1% | 89th |
| Return on tangible assets | 19.4% | 92nd |
| Cash ROIC (OCF / invested capital) | 29.6% | 92nd |
| Gross profitability (GP / assets) | 40.3% | 93rd |
| ROIC, 3-yr average | 22.1% | 93rd |
| ROIC, 5-yr average | 24.7% | 96th |
| ROE, 5-yr average | 25.8% | 89th |
| Incremental ROIC | 34.1% | 59th |
Growth
| Measure | AOS | Industry percentile |
|---|---|---|
| Revenue growth (TTM YoY) | 0.4% | 17th |
| Revenue growth (QoQ) | 6.2% | 30th |
| Revenue CAGR, 3 yr | 0.6% | 20th |
| Revenue CAGR, 5 yr | 3.4% | 23rd |
| Gross profit CAGR, 3 yr | 1.4% | 19th |
| Operating income CAGR, 3 yr | -2.4% | 20th |
| Net income growth (TTM YoY) | -3.5% | 47th |
| Net income CAGR, 3 yr | 22.3% | 84th |
| EPS growth (TTM YoY) | -0.1% | 51st |
| EPS CAGR, 3 yr | 26.0% | 84th |
| EPS CAGR, 5 yr | 5.8% | 43rd |
| FCF growth (TTM YoY) | 29.3% | 75th |
| FCF CAGR, 3 yr | 6.2% | 26th |
| Operating cash flow CAGR, 3 yr | 5.0% | 25th |
| Book value CAGR, 3 yr | 2.2% | 16th |
| Dividend CAGR, 3 yr | 3.8% | 72nd |
| Sustainable growth rate | 16.4% | 83rd |
Margin history & stability
| Measure | AOS | Industry percentile |
|---|---|---|
| Gross margin, 3-yr average | 38.4% | 62nd |
| Operating margin, 3-yr average | 18.6% | 85th |
| Net margin, 3-yr average | 13.8% | 83rd |
| FCF margin, 3-yr average | 14.0% | 78th |
| Revenue stability (0-1) | 0.64 | 30th |
| Earnings stability (0-1) | 0.09 | 25th |
| Margin stability (0-1) | 0.99 | 100th |
Liquidity (latest quarter)
| Measure | AOS | Industry percentile |
|---|---|---|
| Cash & short-term investments | $181.3M | 43rd |
| Net cash (− = net debt) | −$495.4M | 56th |
| Working capital | $517.6M | 44th |
| Current ratio | 1.59 | 30th |
| Quick ratio | 1.04 | 31st |
| Cash ratio (cash + ST investments / current liabilities) | 0.21 | 36th |
| Defensive interval (days) | 388 days | 28th |
Leverage & solvency (latest quarter)
| Measure | AOS | Industry percentile |
|---|---|---|
| Total debt | $676.7M | 46th |
| Debt / equity | 0.37 | 27th |
| Net debt / equity | 0.27 | 33rd |
| Debt / assets | 18.6% | 25th |
| Debt / capital | 26.9% | 27th |
| Debt / EBITDA | 0.89 | 14th |
| Net debt / EBITDA | 0.65 | 23rd |
| Interest coverage (EBIT / interest) | 31.5x | 93rd |
| Cash interest coverage | 32.7x | 91st |
| Debt payback (years of OCF) | 1.0 yrs | 16th |
| Liabilities / assets | 49.5% | 44th |
| IS credit model rating | AAA | |
| Implied credit spread (bps) | 50 | 0th |
Efficiency
| Measure | AOS | Industry percentile |
|---|---|---|
| Asset turnover | 1.10 | 84th |
| Fixed asset turnover | 5.69 | 48th |
| Inventory turnover | 4.7 | 77th |
| Receivables turnover | 5.8 | 48th |
| Days sales outstanding | 63 days | 52nd |
| Days inventory outstanding | 78 days | 23rd |
| Days payables outstanding | 82 days | 97th |
| Cash conversion cycle (days) | 59 days | 7th |
| Capex / revenue | 1.4% | 5th |
| Capex / depreciation | 0.57 | 43rd |
| Operating expense ratio | 21.9% | 56th |
Cash flow & earnings quality
| Measure | AOS | Industry percentile |
|---|---|---|
| Operating cash flow / net income | 1.38 | 45th |
| FCF / net income | 1.28 | 60th |
| FCF / operating cash flow | 92.4% | 91st |
| Capex / operating cash flow | 7.6% | 9th |
| Accruals ratio | -5.6% | 15th |
| Sloan accruals ratio | -3.5% | 25th |
| Earnings quality score (0-1) | 0.75 | 4th |
Scores & forensic checks
| Measure | AOS | Industry percentile |
|---|---|---|
| IS score | 65 | 75th |
| IS profitability | 66 | 82nd |
| IS growth | 39 | 30th |
| IS value | 55 | 72nd |
| IS momentum | 68 | 42nd |
| IS risk (safety) | 100 | 48th |
| IS quality | 76 | 67th |
| IS balance sheet | 71 | 64th |
| IS earnings quality | 71 | 43rd |
| IS cash flow | 81 | 92nd |
| Piotroski F-score (0-9) | 4 | 8th |
| Altman Z-score | 6.3 | 80th |
| Beneish M-score | −2.57 | 40th |
| Ohlson O-score | −8.47 | 33rd |
| IS credit score | 95 | 97th |
Size (TTM)
| Measure | AOS | Industry percentile |
|---|---|---|
| Market cap | $8.0B | 57th |
| Revenue | $3.8B | 64th |
| EBITDA | $758.7M | 69th |
| Net income | $500.3M | 70th |
| Free cash flow | $639.4M | 70th |
| Total assets | $3.6B | 52nd |
| Shareholders' equity | $1.8B | 56th |
| Employees | 11,500 | 67th |
Insider transactions, last 6 months
Form 4 · most recent 12| Date | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| 2026-07-01 | Anderson Carrie L EVP & CFO |
Award / grant | 32,060 | — | — | 32,060 |
| 2026-04-23 | Saak Aaron W Director |
Award / grant | 2,296 | — | — | 2,296 |
Shares acquired vs disposed, by month
acquired disposed · all Form 4 typesBy transaction type, 6 months
| Type | Direction | Filings | Shares | Value |
|---|---|---|---|---|
| Award / grant | Acquired | 2 | 34,356 | — |
| — | Disposed | 1 | 0 | — |
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.
Form 144 notices
12 months: 1 notices · 1,104 shares · $82,126| Filed | Filer | Shares proposed | Est. proceeds |
|---|---|---|---|
| 2026-03-04 | Darrell Schuh | 1,104 | $82,126 |
| 2025-07-30 | Kevin J & Constance Y Wheeler Rt | 22,200 | $1.6M |
| 2025-07-29 | Mark D Smith | 2,400 | $171,264 |
| 2024-08-07 | Samuel M Carver | 14,705 | $1.2M |
A Form 144 is notice of a proposed sale, not a confirmed one.
Congress trades
12 months: House 0 trades (0 purchases) · Senate 0 (0 purchases)| Traded | Member | Chamber | Type | Amount | Disclosed |
|---|---|---|---|---|---|
| 2025-09-25 | Julie Johnson | House | Sale | $1,001 - $15,000 | 2025-10-08 |
| 2025-09-24 | Julie Johnson | House | Sale (Full) | $1,001 - $15,000 | 2025-10-08 |
| 2025-09-23 | Julie Johnson | House | Purchase | $1,001 - $15,000 | 2026-08-06 |
| 2025-09-23 | Julie Johnson | House | Sale | $1,001 - $15,000 | 2026-08-06 |
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.
Largest 13F holders
Quarter to 2026-06-30, the latest most managers have filed| Manager | Shares | Value | % of shares out |
|---|---|---|---|
| FMR LLC | 10,417,815 | $653.4M | 7.67% |
| BlackRock, Inc. | 8,056,801 | $505.3M | 5.93% |
| VANGUARD CAPITAL MANAGEMENT LLC | 7,286,250 | $457.0M | 5.36% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 7,051,327 | $442.3M | 5.19% |
| STATE STREET CORP | 6,581,486 | $412.8M | 4.84% |
| Invesco Ltd. | 5,535,312 | $347.2M | 4.07% |
| AMERICAN CENTURY COMPANIES INC | 4,726,410 | $296.4M | 3.48% |
| GEODE CAPITAL MANAGEMENT, LLC | 3,731,320 | $233.7M | 2.75% |
| Impax Asset Management Group plc | 2,813,713 | $176.5M | 2.07% |
| ProShare Advisors LLC | 2,504,555 | $157.1M | 1.84% |
| UBS Group AG | 2,472,521 | $155.1M | 1.82% |
| FIRST TRUST ADVISORS LP | 2,301,289 | $144.3M | 1.69% |
| DIMENSIONAL FUND ADVISORS LP | 2,035,643 | $127.7M | 1.50% |
| EARNEST PARTNERS LLC | 1,971,613 | $123.7M | 1.45% |
| BANK OF AMERICA CORP /DE/ | 1,550,110 | $97.2M | 1.14% |
Institutional ownership by quarter
% of shares held by 13F filers
Number of 13F filers holding
Holder changes by quarter
| Quarter | Holders | Ownership | New | Increased | Reduced | Closed |
|---|---|---|---|---|---|---|
| 2026-06-30 | 616 | 91.8% | 78 | 239 | 229 | 93 |
| 2026-03-31 | 636 | 85.0% | 85 | 230 | 236 | 83 |
| 2025-12-31 | 650 | 84.8% | 97 | 241 | 225 | 63 |
| 2025-09-30 | 632 | 77.0% | 73 | 230 | 245 | 68 |
| 2025-06-30 | 636 | 78.7% | 91 | 210 | 263 | 106 |
| 2025-03-31 | 662 | 80.5% | 115 | 230 | 239 | 87 |
| 2024-12-31 | 643 | 80.0% | 97 | 216 | 241 | 92 |
| 2024-09-30 | 653 | 79.4% | 76 | 208 | 274 | 62 |
| 2024-06-30 | 643 | 80.2% | 62 | 242 | 244 | 65 |
| 2024-03-31 | 657 | 82.2% | 88 | 221 | 261 | 55 |
| 2023-12-31 | 634 | 80.5% | 111 | 196 | 246 | 48 |
| 2023-09-30 | 578 | 81.2% | 58 | 225 | 209 | 61 |
Schedule 13D / 13G filers
| Filed | Form | Filer | % of class | Shares |
|---|---|---|---|---|
| 2026-08-07 | SCHEDULE 13G/A | Abigail P. Johnson | 10.7% | 11,749,074 |
| 2026-04-28 | SCHEDULE 13G | Vanguard Portfolio Management | 6.3% | 7,113,001 |
| 2026-03-25 | SCHEDULE 13G/A | The Vanguard Group | 0.0% | 0 |
| 2026-02-09 | SCHEDULE 13G | STATE STREET CORPORATION | 5.2% | 5,911,986 |
Required above 5% of a class; 13G is the passive form.
ETFs with the largest holding
| ETF | Weight in fund | Holding value |
|---|---|---|
| RSP | 0.20% | $197.7M |
| VITSX | 0.01% | $195.3M |
| VTSAX | 0.01% | $195.3M |
| VSMPX | 0.01% | $195.3M |
| VTI | 0.01% | $195.3M |
| VFIAX | 0.01% | $162.9M |
Share structure
Shares outstanding135,908,577
Float108,460,452
Free float79.8%
Income statement
Fiscal years, USD| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.8B | $3.9B | $3.8B | $3.8B |
| Cost of revenue | $2.2B | $2.4B | $2.4B | $2.4B | $2.3B |
| Gross profit | $1.3B | $1.3B | $1.5B | $1.5B | $1.5B |
| R&D | $94.2M | $89.0M | $97.5M | $101.7M | $0 |
| SG&A | $701.4M | $670.9M | $727.4M | $757.4M | $759.4M |
| Operating income | $609.5M | $658.7M | $757.4M | $716.8M | $728.0M |
| EBITDA | $707.8M | $310.0M | $823.8M | $786.5M | $792.2M |
| Pretax income | $625.6M | $223.7M | $733.5M | $701.0M | $715.1M |
| Income tax | $138.5M | −$12.0M | $176.9M | $167.4M | $168.9M |
| Net income | $487.1M | $235.7M | $556.6M | $533.6M | $546.2M |
| EPS, diluted | $3.02 | $1.51 | $3.69 | $3.63 | $3.86 |
| Diluted shares | 161.3M | 155.8M | 151.0M | 147.1M | 139.9M |
Balance sheet
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Cash & short-term investments | $631.4M | $481.8M | $363.4M | $276.1M | $193.2M |
| Receivables | $634.4M | $581.2M | $596.0M | $541.4M | $582.3M |
| Inventory | $447.7M | $516.4M | $497.4M | $532.1M | $479.3M |
| Total current assets | $1.8B | $1.6B | $1.5B | $1.4B | $1.3B |
| PP&E, net | $639.2M | $620.5M | $634.8M | $661.5M | $681.4M |
| Goodwill & intangibles | $992.6M | $967.6M | $970.1M | $1.1B | $1.1B |
| Total assets | $3.5B | $3.3B | $3.2B | $3.2B | $3.1B |
| Accounts payable | $745.9M | $625.8M | $600.4M | $588.7M | $504.1M |
| Total current liabilities | $1.1B | $934.2M | $945.3M | $897.2M | $862.5M |
| Long-term debt | $189.9M | $334.5M | $117.3M | $183.2M | $112.7M |
| Total liabilities | $1.6B | $1.6B | $1.4B | $1.4B | $1.3B |
| Shareholders' equity | $1.8B | $1.7B | $1.8B | $1.9B | $1.9B |
Cash flow statement
Outflows are negative| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Net income | $487.1M | $235.7M | $556.6M | $533.6M | $546.2M |
| Depreciation & amortization | $77.9M | $76.9M | $78.3M | $78.8M | $85.1M |
| Stock-based compensation | $11.9M | $11.1M | $11.5M | $14.9M | $13.8M |
| Change in working capital | $64.2M | −$181.9M | $12.8M | −$45.6M | −$37.2M |
| Operating cash flow | $641.1M | $391.4M | $670.3M | $581.8M | $616.8M |
| Capital expenditure | −$75.1M | −$70.3M | −$72.6M | −$108.0M | −$70.8M |
| Free cash flow | $566.0M | $321.1M | $597.7M | $473.8M | $546.0M |
| Investing cash flow | −$349.9M | $8.1M | −$24.1M | −$267.1M | −$53.0M |
| Net debt issued / repaid | $83.5M | $150.6M | −$218.1M | $69.7M | −$37.6M |
| Buybacks | −$366.5M | −$403.5M | −$306.5M | −$305.8M | −$400.8M |
| Dividends paid | −$170.1M | −$177.2M | −$183.5M | −$190.4M | −$195.7M |
Ratio history
Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Gross margin | 37.0% | 35.3% | 38.5% | 38.1% | 38.8% |
| Operating margin | 17.2% | 17.5% | 19.7% | 18.8% | 19.0% |
| Net margin | 13.8% | 6.3% | 14.4% | 14.0% | 14.3% |
| FCF margin | 16.0% | 8.6% | 15.5% | 12.4% | 14.3% |
| ROE | 26.5% | 13.2% | 31.0% | 28.6% | 29.2% |
| ROIC | 33.4% | 42.3% | 35.1% | 29.9% | 29.9% |
| ROA | 14.7% | 6.9% | 17.0% | 16.5% | 17.1% |
| Debt / equity | 0.12 | 0.21 | 0.08 | 0.12 | 0.10 |
| Interest coverage | 146.5x | 24.8x | 62.1x | 104.3x | 54.0x |
| Current ratio | 1.57 | 1.75 | 1.59 | 1.55 | 1.50 |
| Revenue growth | +22.2% | +6.1% | +2.6% | −0.9% | +0.3% |
| EPS growth | +43.6% | −49.4% | +142.0% | −1.7% | +6.6% |
| P/E at year end | 26.2x | 35.2x | 21.3x | 18.3x | 17.1x |
| EV / EBITDA at year end | 17.5x | 26.4x | 14.2x | 12.5x | 11.5x |
| FCF yield at year end | 4.43% | 3.87% | 5.03% | 4.86% | 5.83% |
| Dividend payout | 34.9% | 75.2% | 33.0% | 35.7% | 35.8% |
Revenue by region · FY2025
North America Segment$2.6B · 68%
Rest of World$1.2B · 32%
Street estimates by fiscal year
Next report 2026-10-29 · consensus EPS $0.90 · these are analysts' numbers, not ours| Fiscal year | Revenue (mean) | Revenue range | EPS (mean) | EPS range | Analysts | P/E on mean EPS |
|---|---|---|---|---|---|---|
| 2026 | $3.9B | $3.9B – $3.9B | $3.73 | $3.68 – $3.78 | 8 | 15.9x |
| 2027 | $4.0B | $4.0B – $4.1B | $4.05 | $3.92 – $4.19 | 9 | 14.6x |
| 2028 | $4.2B | $4.2B – $4.3B | $4.40 | $4.25 – $4.59 | 4 | 13.5x |
Reported vs expected, every quarter on file
| Reported | EPS expected | EPS actual | EPS surprise | Revenue expected | Revenue actual | Revenue surprise |
|---|---|---|---|---|---|---|
| 2026-07-30 | $0.96 | $1.03 | +7.6% | $994.9M | $1.0B | +0.9% |
| 2026-04-30 | $0.94 | $0.85 | −9.6% | $974.1M | $945.6M | −2.9% |
| 2026-01-29 | $0.84 | $0.90 | +7.1% | $928.3M | $912.5M | −1.7% |
| 2025-10-28 | $0.91 | $0.94 | +3.6% | $948.0M | $942.5M | −0.6% |
| 2025-07-24 | $0.97 | $1.07 | +10.3% | $937.0M | $1.0B | +7.9% |
| 2025-04-29 | $0.91 | $0.95 | +4.3% | $952.3M | $963.9M | +1.2% |
| 2025-01-30 | $0.90 | $0.85 | −5.6% | $987.4M | $912.4M | −7.6% |
| 2024-10-22 | $0.83 | $0.82 | −1.2% | $957.8M | $902.6M | −5.8% |
| 2024-07-23 | $1.06 | $1.06 | 0.0% | $1.0B | $1.0B | +2.4% |
| 2024-04-25 | $0.98 | $1.00 | +2.0% | $995.9M | $978.8M | −1.7% |
| 2024-01-30 | $0.96 | $0.97 | +1.0% | $983.4M | $988.1M | +0.5% |
| 2023-10-26 | $0.80 | $0.90 | +12.5% | $910.1M | $937.5M | +3.0% |
| 2023-07-27 | $0.91 | $1.01 | +11.0% | $965.7M | $960.8M | −0.5% |
| 2023-04-27 | $0.78 | $0.94 | +20.5% | $922.3M | $966.4M | +4.8% |
| 2023-01-31 | $0.79 | $0.86 | +8.9% | $919.2M | $936.1M | +1.8% |
| 2022-10-27 | $0.69 | $0.69 | 0.0% | $964.5M | $874.2M | −9.4% |
| 2022-07-28 | $0.81 | $0.82 | +1.2% | $959.8M | $965.9M | +0.6% |
| 2022-04-28 | $0.75 | $0.77 | +2.7% | $969.2M | $977.7M | +0.9% |
| 2022-01-27 | $0.77 | $0.87 | +13.0% | $963.7M | $995.5M | +3.3% |
| 2021-10-28 | $0.68 | $0.79 | +16.2% | $962.8M | $914.6M | −5.0% |
| 2021-07-29 | $0.65 | $0.73 | +12.3% | $816.5M | $859.8M | +5.3% |
| 2021-04-29 | $0.57 | $0.60 | +5.3% | $768.4M | $769.0M | +0.1% |
| 2021-01-28 | $0.59 | $0.74 | +25.4% | $622.3M | $834.5M | +34.1% |
| 2020-10-29 | $0.52 | $0.66 | +26.9% | $598.8M | $760.0M | +26.9% |
Off-exchange (dark pool) volume, weekly
FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)| Week of | Notional | Shares | Trades |
|---|---|---|---|
| 2026-08-31 | $105.7M | 1,768,621 | 46,677 |
| 2026-08-24 | $118.9M | 1,929,495 | 50,533 |
| 2026-08-17 | $109.4M | 1,749,791 | 46,600 |
| 2026-08-10 | $95.1M | 1,517,778 | 43,500 |
| 2026-08-03 | $149.3M | 2,396,738 | 57,511 |
| 2026-07-27 | $233.8M | 3,810,223 | 80,304 |
Short-sale share of off-exchange volume
daily 20-day average| Date | Short share | Short volume | Total volume |
|---|---|---|---|
| 2026-10-15 | 60.4% | 486,429 | 805,636 |
| 2026-10-14 | 56.9% | 350,279 | 615,768 |
| 2026-10-13 | 78.6% | 637,410 | 810,984 |
| 2026-10-12 | 58.0% | 259,671 | 447,810 |
| 2026-10-09 | 62.1% | 721,009 | 1,160,126 |
| 2026-10-08 | 51.0% | 355,900 | 698,221 |
| 2026-10-07 | 68.0% | 429,484 | 631,916 |
| 2026-10-06 | 54.4% | 238,815 | 439,224 |
| 2026-10-05 | 43.5% | 256,716 | 590,550 |
| 2026-10-02 | 58.9% | 235,636 | 400,224 |
A daily flow measure from FINRA, not short interest.
Seasonality
Average return by calendar month| Month | Avg return | Up years | Years |
|---|---|---|---|
| Jan | +1.6% | 65% | 20 |
| Feb | +0.7% | 60% | 20 |
| Mar | +1.2% | 62% | 21 |
| Apr | +1.3% | 45% | 20 |
| May | +0.1% | 60% | 20 |
| Jun | +1.7% | 60% | 20 |
| Jul | +4.5% | 65% | 20 |
| Aug | −0.3% | 50% | 20 |
| Sep | −1.4% | 55% | 20 |
| Oct | +1.2% | 50% | 20 |
| Nov | +3.8% | 80% | 20 |
| Dec | −0.1% | 55% | 20 |
History, not a forecast.
Indicators
as of 2026-10-16RSI 1457.9
MFI50.5
ADX19.6
Stochastic %K / %D80.7 / 75.8
Williams %R-25.2
CCI173
TSI / signal-3.4 / -13.4
Chaikin money flow0.01
ATR$1.44
Bollinger width7.1%
Volume vs 20-day avg1.12x
SupertrendDown
Moving averages and bands
level (price vs level)SMA 20$57.43 (+3.1%)
SMA 50$59.22 (0.0%)
SMA 200$63.35 (−6.5%)
EMA 21$57.75 (+2.5%)
EMA 50$58.56 (+1.1%)
EMA 200$61.88 (−4.3%)
Bollinger upper$59.48 (−0.4%)
Bollinger lower$55.38 (+6.9%)
Parabolic SAR$54.89 (+7.9%)
Open the live chart, 110+ indicatorsAbout A. O. Smith Corporation
A. O. Smith Corporation (AOS) is a global manufacturer and marketer specializing in a comprehensive array of water heating and treatment solutions. Its operations span North America, China, Europe, and India, organized into two primary geographic segments: North America and Rest of World. The company's product portfolio is extensive, featuring residential and commercial water heaters (gas, heat pump, and electric models), boilers, storage tanks, and various water treatment systems. These products cater to a wide range of applications, including homes, apartments, and condominiums, as well as commercial entities such as restaurants, hotels, office buildings, laundries, car washes, small businesses, hospitals, and schools. Specific offerings include diverse water treatment products like point-of-entry water softeners, well water purification systems, whole-home filtration units, portable filtration bottles, point-of-use carbon filters, and reverse osmosis systems, designed for residential, restaurant, hotel, and office use. A. O. Smith also supplies food and beverage filtration products, expansion tanks, commercial solar water heating installations, and heaters for swimming pools and spas, along with associated components. Advanced heating solutions further encompass heat pumps, electric wall-hung units, gas tankless heaters, combi-boilers, and integrated heat pump and solar water heaters. Products are primarily sold under established brands such as A. O. Smith, State, and Lochinvar, in addition to specialized water softener brands. The company leverages various distribution channels, including independent wholesale plumbing distributors, retail outlets like hardware and home center chains, and manufacturer representative firms. Its Aquasana-branded products are sold directly to consumers through e-commerce platforms and other online retailers. Founded in 1874, A. O. Smith Corporation maintains its corporate headquarters in Milwaukee, Wisconsin.
https://www.aosmith.com
Key executives
| Name | Title | Pay | Born |
|---|---|---|---|
| Kevin J. Wheeler | Executive Director | $4.8M | 1960 |
| Stephen Shafer | President, CEO & Chairman | $2.3M | 1976 |
| Carrie L. Anderson | Executive Vice President & Chief Financial Officer | $1.9M | 1969 |
| Charles T. Lauber | Executive Vice President | $1.9M | 1963 |
| James F. Stern | Executive Vice President of Corporate Development and Strategy & Secretary | $1.6M | 1963 |
| Curt Selby | Senior Vice President of Human Resources & Public Affairs | $1.5M | 1968 |
| Ming Cheng | Senior Vice President & Chief Technology Officer | $722,080 | 1974 |
| Christopher T. Howe | Senior VP & Chief Digital Information Officer | $551,953 | 1971 |
Executive pay, latest proxy
| Executive | Year | Salary | Stock awards | Incentive | Total |
|---|---|---|---|---|---|
| Kevin J. Wheeler Executive Chairman | 2025 | $1.1M | $3.7M | $3.4M | $8.5M |
| Stephen M. Shafer President and Chief Executive Officer | 2025 | $965,750 | $2.7M | $1.1M | $5.0M |
| James F. Stern Executive Vice President, Corporate Development, Strategy, and Secretary | 2025 | $668,600 | $698,611 | $855,000 | $2.9M |
| Charles T. Lauber Executive Vice President and Chief Financial Officer | 2025 | $673,800 | $942,617 | $1.1M | $2.8M |
| Ming Cheng Senior Vice President and Chief Technology Officer | 2025 | $230,307 | $1.8M | $136,000 | $2.5M |
| Christopher T. Howe Senior Vice President and Chief Digital Information Officer | 2025 | $109,754 | $1.6M | $65,000 | $1.8M |
Employees
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| 2026-10-30 | $0.38 | 2026-11-16 |
| 2026-07-31 | $0.36 | 2026-08-17 |
| 2026-04-30 | $0.36 | 2026-05-15 |
| 2026-01-30 | $0.36 | 2026-02-17 |
| 2025-10-31 | $0.36 | 2025-11-17 |
| 2025-07-31 | $0.34 | 2025-08-15 |
| 2025-04-30 | $0.34 | 2025-05-15 |
| 2025-01-31 | $0.34 | 2025-02-18 |
Moat model
Weak · Cost Advantage · 2026-06-30Cost advantage66
Intangibles51
Switching costs38
Network effect28
Efficient scale53
Our component scores (0-100) and overall 47.6; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17