A. O. Smith

Industrials Building Products Milwaukee, Wisconsin Last filing Feb 10, 2026 · FY2025

                    Revenue
                    FY2025
                
$3.8B
                    3y CAGR +0.7%
                    
                    P27
                    
                    +0.3%
                    
                    Net income
                    FY2025
                
$546.2M
                    Net margin +14.3%
                    
                    P64
                    
                    +2.4%
                    
                    Total assets
                    FY2025
                
$3.1B
                    ROA +17.4%
                    
                    P91
                    
                    -3.0%
                    
                    Operating cash flow
                    FY2025
                
$616.8M
                    FCF margin +14.3%
                    
                    P59
                    
                    +6.0%

18 yrs · FY2008–FY2025 8 filed · 0 derived · 1 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Running CAGR since the earliest displayed year.

Balance Sheet

Assets, liabilities, and equity

27 accounts · 3 years

Total assets $3.1B

Total liabilities $1.3B

Shareholders equity $1.9B

Account	2025	2024	2023
Assets
Cash and Cash Equivalents	-28.3%	-29.5%	—
Short Term Investments	-10.8%	+55.3%	—
Accounts Receivable	-1.2%	-9.2%	—
Inventory	-1.8%	+7.0%	—
Other Current Assets	-8.1%	-0.5%	—
Total Current Assets	-7.2%	-7.2%	—
Property,Plant and Equipment	+3.1%	+5.2%	—
Operating Lease Assets	+11.4%	-12.1%	—
Goodwill	+5.9%	+20.3%	—
Intangible Assets	+3.7%	-4.6%	—
Other Noncurrent Assets	-5.5%	-5.4%	—
Total Assets	-1.1%	+0.8%	—
Liabilities
Accounts Payable	-8.4%	-1.9%	—
Accrued Liabilities	-2.8%	-10.9%	—
Current Portion of Long Term Debt	+105.7%	+0.0%	—
Total Current Liabilities	-4.5%	-5.1%	—
Long Term Debt	-2.0%	+56.2%	—
Operating Lease Liabilities Noncurrent	+15.3%	-15.8%	—
Other Noncurrent Liabilities	-1.2%	-9.5%	—
Total Liabilities	-3.1%	-0.9%	—
Equity
Preferred Stock	—	—	—
Additional Paid In Capital	+3.1%	+4.0%	—
Retained Earnings	+10.1%	+10.5%	—
Treasury Stock	+14.8%	+13.6%	—
Accumulated Other Comprehensive Income	—	—	—
Total Stockholders Equity	+0.4%	+2.1%	—
Total Liabilitiesand Equity	-1.1%	+0.8%	—

Income Statement

Revenue, expense, and profitability

13 accounts · 3 years

Revenue $3.8B

Operating income Not reported

Net income $546.2M

Account	2025	2024	2023
IncomeStatement
Revenues Total Revenue	-0.3%	-0.9%	—
Expenses Cost of Revenue	-0.5%	-0.3%	—
Other Income Expense Gross Profit	+0.1%	-1.9%	—
Expenses Selling,General and Administrative	+2.2%	+1.6%	—
Expenses Restructuring and Asset Impairment	—	-6.4%	—
Other Income Expense Interest Expense	+6.1%	-44.2%	—
Other Income Expense Other Income/expense	-70.5%	+23.2%	—
Other Income Expense Income Before Tax	-1.3%	-4.4%	—
Income Tax Income Tax Expense	-2.3%	-5.4%	—
net Income net Income	-0.9%	-4.1%	—
net Income Comprehensive Income	+0.4%	-8.8%	—
Earnings Per Share Basic Eps	+2.1%	-1.6%	—
Earnings Per Share Diluted Eps	+2.1%	-1.6%	—

Cash Flow Statement

Operating, investing, and financing flows

20 accounts · 3 years

Operating cash flow $616.8M

Investing cash flow $-53.0M

Financing cash flow $-633.1M

Account	2025	2024	2023
CashFlow
Operating Activities net Income	-0.9%	-4.1%	—
Operating Activities Depreciation and Amortization	+4.3%	+0.6%	—
Operating Activities Stock Based Compensation	+9.5%	+29.6%	—
Operating Activities Deferred Income Taxes	—	—	—
Operating Activities Changes In Operating Assets and Liabilities	—	—	—
Operating Activities Other Non Cash Items	—	-68.5%	—
Operating Activities net Cash From Operating Activities	-4.1%	-13.2%	—
Investing Activities Capital Expenditures	—	—	—
Investing Activities Business Acquisitions	—	—	—
Investing Activities Purchases of Investments	—	—	—
Investing Activities Proceeds From Sale of Investments	-31.4%	-52.9%	—
Investing Activities net Cash From Investing Activities	—	—	—
Financing Activities Proceeds From Debt	+25.7%	+59.9%	—
Financing Activities Repayment of Debt	—	—	—
Financing Activities Repurchase of Common Stock	—	—	—
Financing Activities Dividends Paid	—	—	—
Financing Activities Other Financing Activities	-79.3%	-22.6%	—
Financing Activities net Cash From Financing Activities	—	—	—
Cash Reconciliation Effect of Exchange Rate On Cash	—	—	—
Cash Reconciliation net Change In Cash	—	—	—

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 3 years

Ratio	2025	2024	2023
Profitability
Gross margin	+38.8%	+38.1%	+38.5%
Operating margin	—	—	—
Net margin	+14.3%	+14.0%	+14.4%
FCF margin	+14.3%	+12.4%	+15.5%
Growth
Revenue CAGR (3y)	+0.7%	+2.6%	+10.0%
Returns
ROE	+29.4%	+28.3%	+30.2%
ROA	+17.4%	+16.5%	+17.3%
ROIC	—	—	—
Liquidity
Current ratio	1.50x	1.55x	1.59x
Quick ratio	0.88x	0.87x	0.99x
Leverage
D/E	0.69x	0.72x	0.74x
Interest coverage	—	—	—
Efficiency
Asset turnover	1.22x	1.18x	1.20x
Cash conversion cycle	+52d	+43d	+41d

Valuation

Price against fundamentals

FY2025 fundamentals · no price

No multiples without a share count — this filer reports no diluted or basic weighted-average shares.

Notes

Your annotations

Not watched