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A. O. Smith AOS North America — Gross Profit

Other segment segments

Rest of World
$68.5M-11.8%

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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$8.61B-13.2%
Enterprise value$9.08B-9.8%
P/E16.3×-2.8×
P/S2.3×-0.4×

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:GrossProfit.

The source filing: A. O. Smith’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:27 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000091142-26-000084
(dollars in millions)Three Months Ended March 31, 2026 / North AmericaThree Months Ended March 31, 2026 / Rest of WorldThree Months Ended March 31, 2026 / Total SegmentsThree Months Ended March 31, 2026 / Corporate ExpensesTotal
Elimination of Inter-segment sales(4.5)(4.0)(8.5)(8.5)
Net Sales748.9196.7945.6945.6
Cost of products sold451.7128.2579.9579.9
Gross Profit297.268.5365.7365.7
Selling, general and administrative expenses122.254.9177.126.8203.9
Other (income) expense, net(0.4)1.20.8(0.8)
Earnings$175.4$12.4$187.8$(26.0)$161.8
Interest expense(7.1)

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is A. O. Smith's north america — gross profit?
A. O. Smith (AOS) reported north america — gross profit of $297.2M in Q1 2026.
How has A. O. Smith's north america — gross profit changed year-over-year?
A. O. Smith's north america — gross profit decreased by 0.2% year-over-year, from $297.7M to $297.2M.
What is the long-term trend for A. O. Smith's north america — gross profit?
Over 3 years (2022 to 2025), A. O. Smith's north america — gross profit has grown at a 6.2% compound annual growth rate (CAGR), from $978.5M to $1.17B.
What does north america — gross profit mean?
This is the difference between North American net sales and the cost of products sold, representing the profit remaining after accounting for direct production costs. It serves as a key measure of the segment's core pricing power and manufacturing cost management.

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