profit from every $100 of sales.
$0$100
A. O. Smith
$64.24+0.41% today
-2.8% in 1 year
1-year low $55.341-year high $80.47
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $15.80 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What A. O. Smith sold, what it kept, and what it did with the cash.
Sales went from $3.75 billion in 2022 to $3.83 billion in 2025, with $546 million of profit last year.
SalesProfit
A. O. Smith handed back more cash to shareholders than it generated last year.
Buybacks $401M$196M
Free cash flow 2025$546M
Bought back its own shares$401M
Paid as dividends$196M
Cash vs. debt$175M vs. $192M
A. O. Smith vs. similar companies
A. O. Smith grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| A. O. Smith | 15.8× · Fair price | ||
 Everpure | 191.2× · Very expensive | ||
 Ingersoll Rand | 56.2× · Expensive | ||
 Otis Worldwide | 21.3× · Fair price | ||
 Dover | 25.5× · Fair price |
AI analysis
An AI analyst reads A. O. Smith's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,895 | 3,539 | 3,754 | 3,853 | 3,818 | 3,830 | |
| 1,108 | 1,311 | 1,330 | 1,485 | 1,456 | 1,487 | |
| 503 | 682 | 659 | 757 | 717 | 728 | |
| 531 | 708 | 310 | 824 | 787 | 814 | |
| 345 | 487 | 236 | 557 | 534 | 546 | |
| 2.12 | 3.02 | 1.51 | 3.69 | 3.63 | 3.85 | |
| 38.3% | 37.0% | 35.4% | 38.5% | 38.1% | 38.8% | |
| 17.4% | 19.3% | 17.5% | 19.7% | 18.8% | 19.0% | |
| 11.9% | 13.8% | 6.3% | 14.4% | 14.0% | 14.3% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 3,161 | 3,474 | 3,332 | 3,214 | 3,240 | 3,143 |
| Cash | 573 | 443 | 391 | 340 | 240 | 175 |
| Total debt | 148 | 219 | 367 | 155 | 217 | 192 |
| Total liabilities | 1,312 | 1,642 | 1,585 | 1,370 | 1,357 | 1,285 |
| 1,848 | 1,832 | 1,748 | 1,844 | 1,884 | 1,858 | |
| 163 | 161 | 156 | 151 | 147 | 142 | |
| 17.9% | 24.3% | 8.7% | 29.5% | 26.6% | 28.1% | |
| 18.7% | 26.6% | 13.5% | 30.2% | 28.3% | 29.4% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 562 | 641 | 391 | 670 | 582 | 617 | |
| 57 | 75 | 70 | 73 | 108 | 71 | |
| 505 | 566 | 321 | 598 | 474 | 546 | |
| Dividends paid | 159 | 170 | 177 | 184 | 190 | 196 |
| 57 | 367 | 404 | 307 | 306 | 401 | |
| 13 | 12 | 11 | 12 | 15 | 14 |
Valuation
- 15.8×
- 16.6×
- 1.25
- 4.2×
- 2.3×
- 15.8×
- 10.6×
- 6.3%
- 6.3%
- 2.5%
Profitability
- 38.8%
- 19.0%
- 14.3%
- 20.8%
- 19.2%
- 23.0%
- 28.4%
- 14.5%
- 25.5%
- –
Growth
- +5.8%
- +12.7%
- +15.2%
- +7.1%
- −3.3%
Financial health
- 0.6×
- 0.35
- 18.0%
- 39.9×
- 1.56
- 1.00
- 1.04
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 9%of 982
Top 13%of 991
Top 29%of 875
Bottom 45%of 988
Top 32%of 988
What analysts expect
- Average price target
- $72.67
- Range
- $67.00 – $80.00
- 6 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 30, 2026 | 0.85 | 0.94 | −9.6% |
| Jan 29, 2026 | 0.90 | 0.84 | +7.1% |
| Oct 28, 2025 | 0.94 | 0.91 | +3.6% |
| Jul 24, 2025 | 1.07 | 0.97 | +10.3% |
| Apr 29, 2025 | 0.95 | 0.91 | +4.3% |
| Jan 30, 2025 | 0.85 | 0.90 | −5.6% |
| Oct 22, 2024 | 0.82 | 0.83 | −1.2% |
| Jul 23, 2024 | 1.06 | 1.06 | +0.0% |
2.5%of the share price, paid each year
On $1,000 invested$25a year at today's yield, before tax
+7.1%2020 to 2025
Raised10 yearsin a row, in our data
Paid per share, each year
$0.38 in 2015 → $1.38 in 2025
How safe it looks
35.8% of its profit
Room to growStretchedMore than it earns: 35.8%
News
A. O. Smith expects 2026 sales up ~4% excluding China as it plans to close CPE deal in H1 2027Seeking Alpha · Oct 29, 2026International Paper gains as PE firms explore bids for DS Smith (update)Seeking Alpha · Oct 15, 2026Smith & Nephew sets $878.90 price for 2030 bond tenderSeeking Alpha · Sep 16, 2026Smith-Midland secures $2.2M contract for Newport News Navy ProjectSeeking Alpha · Sep 15, 2026Smith Micro and Consumer Cellular Bring New Senior Phone Experience to Market, Helping Seniors Age in PlaceYahoo Finance · Sep 2, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
6/7Passes 6 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
73Pass
Benjamin Graham
60Pass
Philip Fisher
75Pass
Peter Lynch
61Pass
Joel Greenblatt
54No pass
Charlie Munger
80Pass
Terry Smith
69Pass
Questions about A. O. Smith
Is A. O. Smith a good stock to buy?
A solid business at a fair price. 6 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the A. O. Smith AI analysis
What does A. O. Smith do?
A. O. Smith Corporation manufactures and markets residential and commercial gas, heat pump and electric water heaters, boilers, tanks, and water treatment products in North America, China, Europe, and India. It operates through two segments, North America and Rest of World. It is in Industrial - Machinery, based in Milwaukee, WI, United States, with 11,500 employees.
Does A. O. Smith pay a dividend?
Yes. At today's price the dividend is 2.5% a year, about 36% of its yearly profit. In 2025 it paid out $196 million in dividends.
Is A. O. Smith stock halal?
Yes. A. O. Smith passes our halal screen: its business is permitted and its debt is 2% of its market value, under the 30% limit. How we check
How has A. O. Smith stock done over the past year?
Down 2.8% over the past twelve months, to $64.24. It traded between $55.34 and $80.47 and is 20.2% below its high.
Who are A. O. Smith's competitors?
The largest listed companies in the same industry are Everpure, Ingersoll Rand, Otis Worldwide and Dover. The peers table on this page compares their profit, growth and price with A. O. Smith's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.