A. O. Smith Cash Flow 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
Net Income	527.6	546.2	533.6	556.6	235.7	487.1
Depreciation & Amortization	88.3	85.1	78.8	78.3	76.9	77.9
Stock-Based Compensation	14.3	13.8	14.9	11.5	11.1	11.9
Other Adjustments	32.2	8.9	0.1	11.1	249.6	-
Changes in Other Operating Activities	45.1	-37.2	-45.6	12.8	-181.9	64.2
Operating Cash Flow	707.5	616.8	581.8	670.3	391.4	641.1
Operating Cash Flow Growth	37.67%	6.02%	-13.20%	71.26%	-38.95%	14.05%
Capital Expenditures	-60	-70.8	-108	-72.6	-70.3	-75.1
Purchases of Investments	-20.1	-42.7	-73.7	-63.1	-91.6	-185.4
Proceeds from Sale of Investments	27.4	60.5	60.5	128.4	178	118.2
Payments for Business Acquisitions	-470	-	-145.9	-16.8	-8	-207.6
Investing Cash Flow	-522.7	-53	-267.1	-24.1	8.1	-349.9
Long-Term Debt Issued	503.5	1,087	1,100	688	150.6	83.5
Long-Term Debt Repaid	-101.1	-1,125	-1,030	-906.1	-	-
Net Long-Term Debt Issued (Repaid)	402.4	-37.6	69.7	-218.1	150.6	83.5
Issuance of Common Stock	2.3	1	18.1	23.4	-0.7	32.1
Repurchase of Common Stock	-331.5	-400.8	-305.8	-306.5	-403.5	-366.5
Net Common Stock Issued (Repurchased)	-329.2	-399.8	-287.7	-283.1	-404.2	-334.4
Common Dividends Paid	-196.7	-195.7	-190.4	-183.5	-177.2	-170.1
Financing Cash Flow	-176.7	-633.1	-408.4	-684.7	-430.8	-421
Effect of Exchange Rate Changes on Cash and Cash Equivalents	4.1	4.2	-6.6	-12.8	-20.8	-
Net Cash Flow	12.2	-65.1	-100.3	-51.3	-52.1	-129.8
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%
FCF Margin	16.99%	14.26%	12.41%	15.51%	8.55%	15.99%
Free Cash Flow Per Share	4.60	3.85	3.22	3.96	2.06	3.51
Levered Free Cash Flow	1,003	485.7	528.5	357	211	637.6
Unlevered Free Cash Flow	615.02	533.15	457.43	578.97	518.74	541.56

SEC Filings: 10-K · 10-Q