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A. O. Smith AOS Retained Earnings

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$47.58B+9.8%
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-$9.88B+28.5%

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:RetainedEarningsAccumulatedDeficit.

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
Line item(unaudited)March 31,2026December 31,2025
Class A Common Stock (shares issued, 25,993,539 and 25,993,539 as of March 31, 2026 and December 31, 2025, respectively)130.0130.0
Common Stock (shares issued 164,714,053 and 164,714,053 as of March 31, 2026 and December 31, 2025, respectively)164.7164.7
Capital in excess of par value619.0614.4
Retained earnings4,019.83,951.8
Accumulated other comprehensive loss(100.7)(98.6)
Treasury stock at cost(2,954.9)(2,904.3)
Total Stockholders’ Equity1,877.91,858.0
Total Liabilities and Stockholders’ Equity$3,650.3$3,142.8

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is A. O. Smith's retained earnings?
A. O. Smith (AOS) reported retained earnings of $4.02B in Q1 2026.
How has A. O. Smith's retained earnings changed year-over-year?
A. O. Smith's retained earnings increased by 9.0% year-over-year, from $3.69B to $4.02B.
What is the long-term trend for A. O. Smith's retained earnings?
Over 5 years (2020 to 2025), A. O. Smith's retained earnings has grown at a 9.5% compound annual growth rate (CAGR), from $2.51B to $3.95B.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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