A. O. Smith Corporation (AOS)

A. O. Smith Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,818	3,853	3,754	3,539	2,895
Revenue Growth (YoY)	-0.90%	2.63%	6.08%	22.23%	-3.26%
Cost of Revenue	2,362	2,368	2,424	2,228	1,787
Gross Profit	1,456	1,485	1,330	1,311	1,108
Selling, General & Admin	757.4	743.9	705.5	702	667.2
Operating Expenses	757.4	743.9	705.5	702	667.2
Operating Income	698.7	740.9	624.1	608.9	441
Interest Expense	-6.7	-12	-9.4	-4.3	-7.3
Currency Exchange Gain (Loss)	-0.9	3.7	-1.2	0.9	-
Other Non Operating Income (Expenses)	27.5	18.8	20.3	20.1	17.9
EBT Excluding Unusual Items	718.6	751.4	633.8	625.6	451.6
Merger & Restructuring Charges	-17.6	-3.2	-4.3	-	-7.7
Asset Writedown	-	-15.6	-	-	-
Legal Settlements	-	-	11.5	-	-
Other Unusual Items	-	0.9	-417.3	-	-
Pretax Income	701	733.5	223.7	625.6	443.9
Income Tax Expense	167.4	176.9	-12	138.5	99
Net Income	533.6	556.6	235.7	487.1	344.9
Net Income to Common	533.6	556.6	235.7	487.1	344.9
Net Income Growth	-4.13%	136.15%	-51.61%	41.23%	-6.78%
Shares Outstanding (Basic)	146	150	155	160	162
Shares Outstanding (Diluted)	147	151	156	161	163
Shares Change (YoY)	-2.60%	-3.06%	-3.44%	-0.79%	-2.46%
EPS (Basic)	3.65	3.71	1.52	3.05	2.14
EPS (Diluted)	3.63	3.69	1.51	3.02	2.12
EPS Growth	-1.63%	144.37%	-50.00%	42.45%	-4.50%
Free Cash Flow	473.8	597.7	321.1	566	505.3
Free Cash Flow Per Share	3.22	3.96	2.06	3.51	3.11
Dividend Per Share	1.300	1.220	1.140	1.060	0.980
Dividend Growth	6.56%	7.02%	7.55%	8.16%	8.89%
Gross Margin	38.14%	38.54%	35.42%	37.04%	38.28%
Operating Margin	18.30%	19.23%	16.63%	17.21%	15.23%
Profit Margin	13.98%	14.45%	6.28%	13.76%	11.91%
Free Cash Flow Margin	12.41%	15.51%	8.55%	15.99%	17.45%
EBITDA	777.5	819.2	701	686.8	521
EBITDA Margin	20.36%	21.26%	18.67%	19.41%	18.00%
D&A For EBITDA	78.8	78.3	76.9	77.9	80
EBIT	698.7	740.9	624.1	608.9	441
EBIT Margin	18.30%	19.23%	16.63%	17.21%	15.23%
Effective Tax Rate	23.88%	24.12%	-	22.14%	22.30%
Advertising Expenses	100.3	93.9	100.4	107	97

Updated Feb 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q