ES
MARKETS / NYSE / AOS
NYSE · HOUSEHOLD APPLIANCES · LARGE CAP

A. O. Smith Corporation AOS

18 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY11 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
$3.8B
▲ 0.3% vs FY2024
Dividend streak
11 yrs
Raised every year since 2015
EPS · FY25
$3.85
Dividend / sh · FY25
$1.38
Payout · FY25
36%
ROE · FY25
29.2%
Net margin · FY25
14.3%
Dividend coverage
2.8×
Advertisement
AdSense · Leaderboard 728×90320×100
Result
USD 3.8B
Revenue, FY2025 · full 18-year series below
Revenue Net income
12343.80.52008201120142017202020232025
12343.80.52016201920222025

14 cents of every revenue dollar became profit this year.

Per share
USD 3.85
Diluted EPS, FY2025
EPS Dividend
241.383.852008201120142017202020232025
241.383.852016201920222025

Earnings covered the dividend 2.8 times — the rest stayed in the company.

Profitability
29.2%
Return on equity, FY2025
ROE
816243229.2%2008201120142017202020232025
816243229.2%2016201920222025
Operating margin19.0%
Net margin14.3%
Return on assets17.1%

Each USD of equity produced 29 cents of profit this year.

Returned to shareholders
USD 596.5M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 195.7M
Net buybacksUSD 400.8M
Share of profit109.2%
Consecutive raises11 years

USD 195.7M in dividends and USD 400.8M in buybacks — 109% of the year's profit, so the payout drew on cash built up earlier.

Growth
+5.8% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+0.7%
+5.8%
+4.2%
+6.5%
Net income
+32.3%
+9.6%
+6.8%
+11.2%
EPS, diluted
+36.6%
+12.7%
+9.3%
Dividend / share
+6.6%
+7.1%
+13.8%
Returned to shareholders
+0.9%
+22.6%
+11.8%
+23.7%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
—
Shares outstanding, FY2025
Change, 5 years—
Change, 10 years—

A share split breaks the comparison across the period, so we leave it out.

Advertisement
AdSense · Leaderboard 728×90300×250
Balance sheet
USD 3.1B
total assets, end of FY2025
Total assetsUSD 3.1B
EquityUSD 1.9B
CashUSD 174.5M
Gross debtUSD 155.0M
Net debtUSD -19.5M
Current ratio1.50×

The company holds more cash than debt.

History
18 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
Revenue $B
3.8
3.8
3.9
3.8
3.5
2.9
3.0
3.2
3.0
2.7
2.5
2.4
2.2
1.9
1.7
1.5
1.4
1.5
Operating income $B
0.7
0.7
0.7
0.4
0.7
0.5
0.5
0.6
0.6
0.5
0.5
0.3
0.3
0.3
0.2
0.1
0.1
·
EBITDA $B
0.8
0.8
0.8
0.4
0.8
0.6
0.6
0.7
0.6
0.6
0.5
0.4
0.4
0.3
0.2
0.2
0.2
·
Income tax $B
0.2
0.2
0.2
−0.0
0.1
0.1
0.1
0.1
0.2
0.1
0.1
0.1
0.1
0.1
0.1
0.0
0.0
0.0
Net income $B
0.5
0.5
0.6
0.2
0.5
0.3
0.4
0.4
0.3
0.3
0.3
0.2
0.2
0.2
0.3
0.1
0.1
0.0
EPS, diluted $
3.85
3.63
3.69
1.51
3.02
2.12
2.22
2.58
1.70
1.85
1.58
1.14
1.83
1.71
3.28
2.42
2.36
1.53
Dividend / sh $
1.38
1.30
1.22
1.14
1.06
0.98
0.90
0.76
0.56
0.48
0.38
0.30
0.46
0.36
0.30
0.54
0.51
·
Payout %
36
36
33
75
35
46
40
29
33
26
24
26
25
21
9
22
26
88
ROE %
29.2
28.6
31.0
13.2
26.5
19.6
21.9
26.4
18.8
22.1
20.0
15.3
12.8
·
·
·
·
·
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
69 of 69
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed