A. O. Smith AOS Payments to Acquire Other Productive Assets

Segments

North America$9.5M-50.0%

Rest of World$1M-56.5%

Revenue$945.6M-1.9%

Gross profit$365.7M-2.6%

Net income$118.0M-13.6%

EPS (diluted)$0.85-10.5%

Cash & equivalents$185.2M+7.1%

Total debt$656.5M+123%

Total equity$1.9B+1.2%

Total assets$3.7B+11.7%

Operating cash flow$129.4M+234%

CapEx$10.5M-50.7%

Free cash flow$118.9M+583%

Market cap$8.02B-2.8%

Enterprise value$8.5B+0.9%

P/E15.2×-0.6×

P/S2.1×-0.1×

Gross margin38.8%+0.7pp

Net margin13.8%+0.1pp

FCF margin17%+6.3pp

Return on equity28.3%+0.3pp

Debt / equity0.3×+0.2×

Current ratio1.6×-0.1×