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A. O. Smith AOS North America — D&A

Other segment segments

Rest of World
$4.5M-10.0%

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Other financials

Income statement

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Revenue$945.6M-1.9%
Gross profit$365.7M-2.6%
Net income$118.0M-13.6%
EPS (diluted)$0.85-10.5%

Balance sheet

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Cash & equivalents$185.2M+7.1%
Total debt$656.5M+123%
Total equity$1.9B+1.2%
Total assets$3.7B+11.7%

Cash flow

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Operating cash flow$129.4M+234%
CapEx$10.5M-50.7%
Free cash flow$118.9M+583%

Valuation

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Market cap$8.02B-2.8%
Enterprise value$8.5B+0.9%
P/E15.2×-0.6×
P/S2.1×-0.1×

Profitability

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Gross margin38.8%+0.7pp
Net margin13.8%+0.1pp
FCF margin17%+6.3pp

Returns & leverage

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Return on equity28.3%+0.3pp
Debt / equity0.3×+0.2×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by A. O. Smith in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: A. O. Smith’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is A. O. Smith's north america — D&A?
A. O. Smith (AOS) reported north america — D&A of $19.1M in Q1 2026.
How has A. O. Smith's north america — D&A changed year-over-year?
A. O. Smith's north america — D&A increased by 24.0% year-over-year, from $15.4M to $19.1M.
What is the long-term trend for A. O. Smith's north america — D&A?
Over 4 years (2021 to 2025), A. O. Smith's north america — D&A has grown at a 5.3% compound annual growth rate (CAGR), from $52.2M to $64.1M.
What does north america — D&A mean?
This is the non-cash expense allocated to the North American segment to account for the wear and tear of physical assets and the expiration of intangible assets over time. It reflects the ongoing cost of maintaining the segment's manufacturing and operational infrastructure.