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A. O. Smith AOS United States — Net Sales

Other geography segments

China
$760M-8.1%
Canada
$331.2M-1.2%

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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-12.6%
Enterprise value$9.08B-9.2%
P/E16.3×-2.7×
P/S2.3×-0.3×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: A. O. Smith’s 10-K, filed February 10, 2026.

Filed
Feb 10, 2026, 4:40 PM EST
Fiscal year
FY2025
Accession
0000091142-26-000008
(dollars in millions)Long-lived Assets (December 31) / 2025Long-lived Assets (December 31) / 2024Net Sales (Years Ended December 31) / 2025Net Sales (Years Ended December 31) / 2024Net Sales (Years Ended December 31) / 2023
United States$447.7$441.4United States$2,619.1$2,573.7$2,547.1
China193.6193.8China672.8760.0827.4
Canada56.754.0Canada326.5331.2335.3
Other Foreign80.475.1Other Foreign211.8153.2143.0
Total$778.4$764.3Total$3,830.2$3,818.1$3,852.8

ITEM 8 – FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is A. O. Smith's united states — net sales?
A. O. Smith (AOS) reported united states — net sales of $654.78M in Q4 2025.
How has A. O. Smith's united states — net sales changed year-over-year?
A. O. Smith's united states — net sales increased by 1.8% year-over-year, from $643.43M to $654.78M.
What is the long-term trend for A. O. Smith's united states — net sales?
Over 4 years (2021 to 2025), A. O. Smith's united states — net sales has grown at a 4.0% compound annual growth rate (CAGR), from $2.24B to $2.62B.
What does united states — net sales mean?
This metric measures the total revenue generated from the sale of goods and services within the United States geographic segment, net of returns, allowances, and discounts. It serves as a primary indicator of market demand, pricing power, and the effectiveness of the company's domestic distribution network. As a core revenue stream, it highlights the company's ability to capture market share in the residential and commercial water heating and treatment sectors.

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