A. O. Smith Corporation (AOS)

NYSE: AOS · IEX Real-Time Price · USD
88.85
+0.97 (1.10%)
Mar 27, 2024, 4:00 PM EDT - Market closed

Total Valuation

A. O. Smith has a market cap or net worth of $13.07 billion. The enterprise value is $12.86 billion.

Market Cap 13.07B
Enterprise Value 12.86B

Important Dates

The next estimated earnings date is Thursday, April 25, 2024, before market open.

Earnings Date Apr 25, 2024
Ex-Dividend Date Jan 30, 2024

Share Statistics

A. O. Smith has 147.20 million shares outstanding. The number of shares has decreased by -2.65% in one year.

Shares Outstanding 147.20M
Shares Change (YoY) -2.65%
Shares Change (QoQ) -1.18%
Owned by Insiders (%) 0.83%
Owned by Institutions (%) 97.66%
Float 119.02M

Valuation Ratios

The trailing PE ratio is 24.08 and the forward PE ratio is 21.67. A. O. Smith's PEG ratio is 2.19.

PE Ratio 24.08
Forward PE 21.67
PS Ratio 3.39
Forward PS 3.23
PB Ratio 7.08
P/FCF Ratio 21.86
PEG Ratio 2.19
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 15.61, with an EV/FCF ratio of 21.51.

EV / Earnings 23.10
EV / Sales 3.34
EV / EBITDA 15.61
EV / EBIT 17.25
EV / FCF 21.51

Financial Position

The company has a current ratio of 1.59, with a Debt / Equity ratio of 0.08.

Current Ratio 1.59
Quick Ratio 1.01
Debt / Equity 0.08
Debt / EBITDA 0.19
Debt / FCF 0.26
Interest Coverage 62.13

Financial Efficiency

Return on equity (ROE) is 30.10% and return on invested capital (ROIC) is 28.03%.

Return on Equity (ROE) 30.10%
Return on Assets (ROA) 17.10%
Return on Capital (ROIC) 28.03%
Revenue Per Employee $321,067
Profits Per Employee $46,383
Employee Count 12,000
Asset Turnover 1.19
Inventory Turnover 4.67

Taxes

In the past 12 months, A. O. Smith has paid $176.90 million in taxes.

Income Tax 176.90M
Effective Tax Rate 24.12%

Stock Price Statistics

The stock price has increased by +31.44% in the last 52 weeks. The beta is 1.24, so A. O. Smith's price volatility has been higher than the market average.

Beta (1Y) 1.24
52-Week Price Change +31.44%
50-Day Moving Average 82.81
200-Day Moving Average 75.24
Relative Strength Index (RSI) 64.30
Average Volume (30 Days) 932,732

Short Selling Information

The latest short interest is 2.94 million, so 1.99% of the outstanding shares have been sold short.

Short Interest 2.94M
Short Previous Month 2.56M
Short % of Shares Out 1.99%
Short % of Float 2.47%
Short Ratio (days to cover) 2.77

Income Statement

In the last 12 months, A. O. Smith had revenue of $3.85 billion and earned $556.60 million in profits. Earnings per share was $3.69.

Revenue 3.85B
Gross Profit 1.48B
Operating Income 738.60M
Pretax Income 733.50M
Net Income 556.60M
EBITDA 823.80M
EBIT 745.50M
Earnings Per Share (EPS) $3.69
Full Income Statement

Balance Sheet

The company has $363.40 million in cash and $155.20 million in debt, giving a net cash position of $208.20 million or $1.41 per share.

Cash & Cash Equivalents 363.40M
Total Debt 155.20M
Net Cash 208.20M
Net Cash Per Share $1.41
Equity / Book Value 1.84B
Book Value Per Share 12.53
Working Capital 555.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $670.30 million and capital expenditures -$72.60 million, giving a free cash flow of $597.70 million.

Operating Cash Flow 670.30M
Capital Expenditures -72.60M
Free Cash Flow 597.70M
FCF Per Share $4.02
Full Cash Flow Statement

Margins

Gross margin is 38.54%, with operating and profit margins of 19.17% and 14.45%.

Gross Margin 38.54%
Operating Margin 19.17%
Pretax Margin 19.04%
Profit Margin 14.45%
EBITDA Margin 21.38%
EBIT Margin 19.35%
FCF Margin 15.51%

Dividends & Yields

This stock pays an annual dividend of $1.28, which amounts to a dividend yield of 1.44%.

Dividend Per Share $1.28
Dividend Yield 1.44%
Dividend Growth (YoY) 32.76%
Years of Dividend Growth 31
Payout Ratio 34.69%
Buyback Yield 2.65%
Shareholder Yield 4.10%
Earnings Yield 4.26%
FCF Yield 4.57%
Dividend Details

Analyst Forecast

The average price target for A. O. Smith is $82.40, which is -7.26% lower than the current price. The consensus rating is "Buy".

Price Target $82.40
Price Target Difference -7.26%
Analyst Consensus Buy
Analyst Count 6
Revenue Growth Forecast (5Y) 5.92%
EPS Growth Forecast (5Y) 9.11%
Stock Forecasts

Stock Splits

The last stock split was on October 6, 2016. It was a forward split with a ratio of 2:1.

Last Split Date Oct 6, 2016
Split Type Forward
Split Ratio 2:1

Scores

A. O. Smith has an Altman Z-Score of 9.32 and a Piotroski F-Score of 8.

Altman Z-Score 9.32
Piotroski F-Score 8