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A. O. Smith AOS Debt-to-equity

Debt-to-equity at other companies

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SemtechSMTC
0.9×-0.1×
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SynopsysSNPS
0.4×-0.7×
Monster Beverage logo
Monster BeverageMNST
0.0×
Nucor logo
NucorNUE
0.0×
Northern Trust logo
Northern TrustNTRS
0.0×
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Dycom IndustriesDY
1.6×+0.7×

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
Current ratio1.6×-0.1×

Where this comes from

Calculated from A. O. Smith’s reported figures.

Based on the most recent quarter.

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

Filed
Apr 30, 2026, 4:27 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000091142-26-000084

FAQ

What is A. O. Smith's debt-to-equity?
A. O. Smith (AOS) reported debt-to-equity of 0.3× in Q1 2026.
How has A. O. Smith's debt-to-equity changed year-over-year?
A. O. Smith's debt-to-equity increased by 119.9% year-over-year, from 0.2× to 0.3×.
What is the long-term trend for A. O. Smith's debt-to-equity?
Over 5 years (2020 to 2025), A. O. Smith's debt-to-equity has grown at a 4.9% compound annual growth rate (CAGR), from 0.1× to 0.1×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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