A. O. Smith Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,812	3,830	3,818	3,853	3,754	3,539
Revenue Growth (YoY)	0.23%	0.32%	-0.90%	2.63%	6.08%	22.23%
Cost of Revenue	2,334	2,343	2,362	2,368	2,424	2,228
Gross Profit	1,478	1,487	1,456	1,485	1,330	1,311
Selling, General & Admin	770.7	759.4	739.3	727.4	670.9	701.4
Other Operating Expenses	-	-	17.6	18.8	-	-
Total Operating Expenses	770.7	759.4	756.9	746.2	670.9	701.4
Operating Income	707	728	699.2	738.6	658.7	609.5
Interest Expense	-17.7	-13.5	-6.7	-12	-9.4	-4.3
Other Non-Operating Income (Expense)	-0.6	0.6	8.5	6.9	-425.6	20.4
Total Non-Operating Income (Expense)	-18.3	-12.9	1.8	-5.1	-435	16.1
Pretax Income	688.7	715.1	701	733.5	223.7	625.6
Provision for Income Taxes	161.1	168.9	167.4	176.9	-12	138.5
Net Income	527.6	546.2	533.6	556.6	235.7	487.1
Net Income to Common	527.6	546.2	533.6	556.6	235.7	487.1
Net Income Growth	0.96%	2.36%	-4.13%	136.15%	-51.61%	41.23%
Shares Outstanding (Basic)	140	141	146	150	155	160
Shares Outstanding (Diluted)	141	142	147	151	156	161
Shares Change (YoY)	-3.76%	-3.51%	-2.60%	-3.06%	-3.44%	-0.79%
EPS (Basic)	3.76	3.87	3.65	3.71	1.52	3.05
EPS (Diluted)	3.76	3.85	3.63	3.69	1.51	3.02
EPS Growth	5.03%	6.06%	-1.63%	144.37%	-50.00%	42.45%
Free Cash Flow	647.5	546	473.8	597.7	321.1	566
Free Cash Flow Growth	18.59%	15.24%	-20.73%	86.14%	-43.27%	12.01%
Free Cash Flow Per Share	4.60	3.85	3.22	3.96	2.06	3.51
Dividends Per Share	1.400	1.380	1.300	1.220	1.140	1.060
Dividend Growth	1.45%	6.15%	6.56%	7.02%	7.55%	8.16%
Gross Margin	38.77%	38.83%	38.14%	38.54%	35.42%	37.04%
Operating Margin	18.55%	19.01%	18.31%	19.17%	17.55%	17.22%
Profit Margin	13.84%	14.26%	13.98%	14.45%	6.28%	13.76%
FCF Margin	16.99%	14.26%	12.41%	15.51%	8.55%	15.99%
EBITDA	795.3	813.1	778	816.9	735.6	687.4
EBITDA Margin	20.86%	21.23%	20.38%	21.20%	19.60%	19.42%
EBIT	707	728	699.2	738.6	658.7	609.5
EBIT Margin	18.55%	19.01%	18.31%	19.17%	17.55%	17.22%
Effective Tax Rate	23.39%	23.62%	23.88%	24.12%	-5.36%	22.14%

SEC Filings: 10-K · 10-Q