A. O. Smith Corporation (AOS)

A. O. Smith Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	546.2	533.6	556.6	235.7	487.1
Depreciation & Amortization	85.1	78.8	78.3	76.9	77.9
Stock-Based Compensation	13.8	14.9	11.5	11.1	11.9
Other Adjustments	8.9	0.1	11.1	249.6	-
Changes in Other Operating Activities	-37.2	-45.6	12.8	-181.9	64.2
Operating Cash Flow	616.8	581.8	670.3	391.4	641.1
Operating Cash Flow Growth	6.02%	-13.20%	71.26%	-38.95%	14.05%
Capital Expenditures	-70.8	-108	-72.6	-70.3	-75.1
Purchases of Investments	-42.7	-73.7	-63.1	-91.6	-185.4
Proceeds from Sale of Investments	60.5	60.5	128.4	178	118.2
Payments for Business Acquisitions	-	-145.9	-16.8	-8	-207.6
Investing Cash Flow	-53	-267.1	-24.1	8.1	-349.9
Long-Term Debt Issued	1,087	1,100	688	150.6	83.5
Long-Term Debt Repaid	-1,125	-1,030	-906.1	-	-
Net Long-Term Debt Issued (Repaid)	-37.6	69.7	-218.1	150.6	83.5
Issuance of Common Stock	1	18.1	23.4	-0.7	32.1
Repurchase of Common Stock	-400.8	-305.8	-306.5	-403.5	-366.5
Net Common Stock Issued (Repurchased)	-399.8	-287.7	-283.1	-404.2	-334.4
Common Dividends Paid	-195.7	-190.4	-183.5	-177.2	-170.1
Financing Cash Flow	-633.1	-408.4	-684.7	-430.8	-421
Effect of Exchange Rate Changes on Cash and Cash Equivalents	4.2	-6.6	-12.8	-20.8	-
Net Cash Flow	-65.1	-100.3	-51.3	-52.1	-129.8
Free Cash Flow	546	473.8	597.7	321.1	566
Free Cash Flow Growth	15.24%	-20.73%	86.14%	-43.27%	12.01%
FCF Margin	14.26%	12.41%	15.51%	8.55%	15.99%
Free Cash Flow Per Share	3.85	3.22	3.96	2.06	3.51
Levered Free Cash Flow	485.7	528.5	357	211	637.6
Unlevered Free Cash Flow	533.15	457.43	578.97	518.73	541.56

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

SEC Filings: 10-K · 10-Q