A. O. Smith Corporation (AOS)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 2,895 | 3,539 | 3,754 | 3,853 | 3,818 | 3,830 | 3,805 | 3,894 |
| Operating profit | $m | 728 | 669 | ||||||
| Net profit | $m | 345 | 487 | 236 | 557 | 534 | 546 | 500 | 522 |
| EPS reported | $ | 3.86 | 3.59 | ||||||
| Operating cashflow per share | $ | 4.41 | 5.00 | ||||||
| Capex per share | $ | 0.51 | 0.38 | ||||||
| FCF per share | $ | 3.90 | 4.62 | ||||||
| Free cash flow | $m | 546 | 639 | ||||||
| Net debt | $m | -38 | 456 | ||||||
| Book value equity | $m | 1,858 | 1,842 | ||||||
| Book value per share | $ | 13.28 | 13.30 | ||||||
| Number of shares | m | 139.93 | 138.51 | ||||||
| DPS (TTM paid) | $ | 1.38 | 1.44 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 17.33 | 16.34 | ||||||
| P/B LTM | x | 5.04 | 5.08 | ||||||
| P/S LTM | x | 2.44 | 2.46 | ||||||
| P/FCF LTM | x | 17.14 | 14.64 | ||||||
| EV/EBITDA LTM | x | 11.84 | 12.77 | ||||||
| EV/Sales LTM | x | 2.45 | 2.33 | ||||||
| Earnings Yield LTM | % | +5.77% | +6.12% | ||||||
| FCF Yield | % | +5.83% | +6.83% | ||||||
| Quality | |||||||||
| ROE | % | +29.40% | +26.96% | ||||||
| ROIC | % | +23.94% | +18.44% | ||||||
| Operating margin | % | +19.01% | +17.57% | ||||||
| Gross margin | % | +38.83% | +38.59% | ||||||
| FCF/Sales | % | +14.26% | +16.80% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +6.34% | -1.10% | ||||||
| Sales Growth YoY | % | +0.32% | -0.35% | ||||||
| Net Income Growth YoY | % | +2.36% | -6.24% | ||||||
| FCF Growth | % | +15.24% | +34.95% | ||||||
| Operating Profit Growth | % | +1.56% | -6.71% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +2.09% | +2.38% | ||||||
| Dividend Growth | % | +6.15% | +10.77% | ||||||
| Payout Ratio | % | +36.23% | +39.53% | ||||||
| FCF/Debt | x | 2.84 | 0.94 | ||||||
| Net Debt/EBITDA | x | 0.02 | 0.67 | ||||||
| EBIT/Net interest | x | 53.93 | 31.54 | ||||||
| Net debt/market cap | % | +1.66% | +7.61% | ||||||
| Net debt/Equity | x | -0.02 | 0.25 | ||||||
| Gross debt/equity | x | 0.10 | 0.37 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
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.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
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.
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