A. O. Smith Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Cash & Equivalents	174.5	239.6	339.9	391.2	443.3
Short-Term Investments	18.7	36.5	23.5	90.6	188.1
Cash & Short-Term Investments	193.2	276.1	363.4	481.8	631.4
Cash Growth	-30.03%	-24.02%	-24.57%	-23.69%	-8.44%
Accounts Receivable	582.3	541.4	596	581.2	634.4
Inventory	479.3	532.1	497.4	516.4	447.7
Other Current Assets	36.7	43.3	43.5	54.3	39.1
Total Current Assets	1,292	1,393	1,500	1,634	1,753
Net Property, Plant & Equipment	681.4	661.5	634.8	620.5	639.2
Other Intangible Assets	362.3	321.1	336.7	347.9	364.8
Goodwill	710.6	761.7	633.4	619.7	627.8
Other Long-Term Assets	97	102.8	108.7	110.5	90
Total Assets	3,143	3,240	3,214	3,332	3,474
Accounts Payable	504.1	588.7	600.4	625.8	745.9
Accrued Expenses	241.1	231.5	269.6	234.8	295.2
Current Portion of Long-Term Debt	42.3	10	10	10	6.8
Other Current Liabilities	75	67	65.3	63.6	70.9
Total Current Liabilities	862.5	897.2	945.3	934.2	1,119
Long-Term Debt	112.7	183.2	117.3	334.5	189.9
Long-Term Leases	37.1	23.5	27.9	22.4	22.3
Other Long-Term Liabilities	272.5	252.6	279	293.5	311.2
Total Long-Term Liabilities	422.3	459.3	424.2	650.4	523.4
Total Liabilities	1,285	1,357	1,370	1,585	1,642
Common Stock	294.7	294.8	294.8	294.9	295.2
Treasury Stock	-2,904	-2,502	-2,203	-1,906	-1,503
Additional Paid-in Capital	614.4	601.3	578.2	555.9	545.2
Accumulated Other Comprehensive Income	-98.6	-111.9	-84.2	-82.4	-331.4
Retained Earnings	3,952	3,601	3,258	2,885	2,827
Shareholders' Equity	1,858	1,884	1,844	1,748	1,832
Total Liabilities & Equity	3,143	3,240	3,214	3,332	3,474
Total Debt	192.1	216.7	155.2	366.9	219
Net Cash (Debt)	1.1	59.4	208.2	114.9	412.4
Net Cash Growth	-98.15%	-71.47%	81.20%	-72.14%	-23.91%
Net Cash Per Share	0.01	0.40	1.38	0.74	2.56
Book Value	1,858	1,884	1,844	1,748	1,832
Book Value Per Share	13.09	12.81	12.21	11.22	11.36
Tangible Book Value	785.1	800.7	874.3	780.1	839.6
Tangible Book Value Per Share	5.53	5.44	5.79	5.01	5.20

Updated Jan 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q