A. O. Smith AOS Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 38.8%+0.7pp | 38.8%+0.7pp | 38.5%+0.3pp | 38.2%-0.1pp | 38%-0.6pp | |
| Net margin | 13.8%+0.1pp | 14.3%+0.3pp | 13.9%-0.6pp | 13.7%-1.0pp | 13.7%-1.2pp | |
| Returns | ||||||
| Return on equity | 28.3%+0.3pp | 29.2%+0.6pp | 28.2%-1.3pp | 27.6%-2.7pp | 28%-3.5pp | |
| Return on invested capital | 25%-3.2pp | 29.6%-0.8pp | 28.8%-2.5pp | 27.3%-4.9pp | 28.2%-4.9pp | |
| Efficiency | ||||||
| Asset turnover | 1.1×-0.1× | 1.2×0.0× | 1.2×0.0× | 1.2×0.0× | 1.2×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.6×-0.1× | 1.5×-0.1× | 1.5×-0.1× | 1.6×-0.1× | 1.6×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.3×+0.2× | 0.1×0.0× | 0.1×0.0× | 0.2×+0.1× | 0.2×+0.1× | |
| Net debt / EBITDA | 0.6×+0.4× | 0×0.0× | 0.1×+0.2× | 0.2×+0.3× | 0.2×+0.3× | |
| Valuation | ||||||
| Market capitalization | $9.12B-2.8% | $9.31B-5.8% | $10.29B-21.5% | $9.23B-23.1% | $9.38B-28.7% | |
| Price / earnings | 17.3×-0.7× | 17×-1.5× | 19.4×-4.0× | 17.8×-3.0× | 18×-4.8× | |
| Price / sales | 2.4×-0.1× | 2.4×-0.2× | 2.7×-0.7× | 2.4×-0.6× | 2.5×-0.9× | |
| Price / book | 4.9×-0.2× | 5×-0.2× | 5.6×-1.3× | 5×-1.3× | 5.1×-1.9× | |
| EV / EBITDA | 12.1×-0.2× | 11.5×-1.1× | 13×-2.9× | 12.1×-2.2× | 12.2×-3.3× | |
| Dividend yield | 2.2%+0.1pp | 2.1%+0.2pp | 1.9%+0.5pp | 2.1%+0.5pp | 2%+0.6pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do A. O. Smith's ratios come from?
- Every ratio is computed from A. O. Smith's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
