balance equationreview2016-12-31
Difference 3900000 exceeds tolerance 2891000.000. Presentation or filing-vintage differences need review.
Revenue
$3.83B
Fiscal year ended 2025-12-31Operating income
$728.60M
Fiscal year ended 2025-12-31Free cash flow
Unavailable
Fiscal year ended 2025-12-31SMITH A O CORP (AOS) reported revenue of $3.83B and net income of $546.20M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from SMITH A O CORP’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Household Appliances.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.83B | $3.82B | $3.85B | $3.75B | $3.54B | $2.90B | $2.99B | $3.19B | $3.00B | $2.69B |
| Cost of revenue | $2.34B | $2.36B | $2.37B | $2.42B | $2.23B | $1.79B | $1.81B | $1.88B | $1.76B | $1.57B |
| Gross profit | $1.49B | $1.46B | $1.48B | $1.33B | $1.31B | $1.11B | $1.18B | $1.31B | $1.23B | $1.11B |
| Operating income | $728.60M | $707.70M | $745.50M | $362.00M | $682.00M | $503.20M | $529.10M | $613.40M | $577.90M | $515.00M |
| Net income | $546.20M | $533.60M | $556.60M | $235.70M | $487.10M | $344.90M | $370.00M | $444.20M | $296.50M | $326.50M |
| Research & development | $95.00M | $101.70M | $97.50M | $89.00M | $94.20M | $80.70M | $87.90M | $94.00M | $86.40M | $80.10M |
| Weighted-average diluted shares | shares 141.91M | shares 147.08M | shares 151.02M | shares 155.78M | shares 161.32M | shares 162.60M | shares 166.71M | shares 172.19M | shares 174.61M | shares 176.83M |
| Pretax income | $715.10M | $701.00M | $733.50M | $223.70M | $625.60M | $443.90M | $472.10M | $557.80M | $520.80M | $462.50M |
| Income tax expense | $168.90M | $167.40M | $176.90M | -$12.00M | $138.50M | $99.00M | $102.10M | $113.60M | $224.30M | $136.00M |
| Diluted EPS | $3.85 | $3.63 | $3.69 | $1.51 | $3.02 | $2.12 | $2.22 | $2.58 | $1.70 | $1.85 |
| Selling, general & administrative | $759.40M | $739.30M | $727.40M | $670.90M | $701.40M | $660.30M | $715.60M | $753.80M | $722.80M | $662.50M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $174.50M | $239.60M | $339.90M | $391.20M | $443.30M | $573.10M | $374.00M | $259.70M | $346.60M | $330.40M |
| Total assets | $3.14B | $3.24B | $3.21B | $3.33B | $3.47B | $3.16B | $3.06B | $3.07B | $3.20B | $2.89B |
| Current assets | $1.29B | $1.39B | $1.50B | $1.63B | $1.75B | $1.62B | $1.50B | $1.64B | $1.77B | $1.56B |
| Total liabilities | $1.28B | $1.36B | $1.37B | $1.58B | $1.64B | $1.31B | $1.39B | $1.35B | $1.55B | $1.38B |
| Current liabilities | $862.50M | $897.20M | $945.30M | $934.20M | $1.12B | $886.30M | $766.50M | $785.30M | $793.80M | $765.60M |
| Total equity incl. NCI | $1.86B | $1.88B | $1.84B | $1.75B | $1.83B | $1.85B | $1.67B | $1.72B | $1.64B | $1.51B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $479.30M | $532.10M | $497.40M | $516.40M | $447.70M | $300.10M | $303.00M | $304.70M | $297.00M | $251.10M |
| Accounts receivable | $582.30M | $541.40M | $596.00M | $581.20M | $634.40M | $585.00M | $589.50M | $647.30M | $592.70M | $518.70M |
| Goodwill | $710.60M | $761.70M | $633.40M | $619.70M | $627.80M | $546.80M | $546.00M | $513.00M | $516.70M | $491.50M |
| Long-term debt | $112.70M | $183.20M | $117.30M | $334.50M | $189.90M | $106.40M | $277.20M | $221.40M | $402.90M | $316.40M |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $616.80M | $581.80M | $670.30M | $391.40M | $641.10M | $562.10M | $456.20M | $448.90M | $326.40M | $446.60M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$53.00M | -$267.10M | -$24.10M | $8.10M | -$349.90M | $11.80M | $33.90M | -$12.70M | -$158.10M | -$300.20M |
| Financing cash flow | -$633.10M | -$408.40M | -$684.70M | -$430.80M | -$421.00M | -$374.80M | -$375.80M | -$523.10M | -$152.10M | -$139.60M |
| Net change in cash | -$65.10M | -$100.30M | -$51.30M | -$52.10M | -$129.80M | $199.10M | $114.30M | -$86.90M | $16.20M | $6.80M |
| Stock-based compensation | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common dividends paid | $195.70M | $190.40M | $183.50M | $177.20M | $170.10M | $158.70M | $149.20M | $130.10M | $96.90M | $84.20M |
| Common share repurchases | $400.80M | $305.80M | $306.50M | $403.50M | $366.50M | $56.70M | $287.70M | $202.60M | $139.10M | $135.20M |
| Depreciation & amortization | $85.10M | $78.80M | $78.30M | $76.90M | $77.90M | $80.00M | $78.30M | $71.90M | $70.10M | $65.10M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | 38.8% | 38.1% | 38.5% | 35.4% | 37.0% | 38.3% | 39.5% | 41.0% | 41.1% | 41.5% |
| Operating margin | 19.0% | 18.5% | 19.3% | 9.6% | 19.3% | 17.4% | 17.7% | 19.2% | 19.3% | 19.2% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | 1.50x | 1.55x | 1.59x | 1.75x | 1.57x | 1.83x | 1.96x | 2.09x | 2.23x | 2.04x |
| Revenue YoY growth | 0.3% | -0.9% | 2.6% | 6.1% | 22.2% | -3.3% | -6.1% | 6.4% | 11.6% | Unavailable |
| Net margin | 14.3% | 14.0% | 14.4% | 6.3% | 13.8% | 11.9% | 12.4% | 13.9% | 9.9% | 12.2% |
| R&D / revenue | 2.5% | 2.7% | 2.5% | 2.4% | 2.7% | 2.8% | 2.9% | 2.9% | 2.9% | 3.0% |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 0.06x | 0.10x | Unavailable | 0.19x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 23.6% | 23.9% | 24.1% | -5.4% | 22.1% | 22.3% | 21.6% | 20.4% | 43.1% | 29.4% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AOS in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-30View SEC filing
10-Q · Filed 2026-04-30View SEC filing
10-K · Filed 2026-02-10View SEC filing
10-Q · Filed 2025-10-28View SEC filing
10-Q · Filed 2025-07-24View SEC filing
10-Q · Filed 2025-04-29View SEC filing
Reconciliation checks needing review
1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.