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AOS · NYSE

A. O. Smith Corporation

Specialty Industrial Machinery · United States

USD 57.290.6% daily changeQuote 2026-10-06 · USD
Market cap (USD)
US$7.79B
Trailing P/E
15.96x
Forward P/E
14.02x
Quarterly revenue growth
-0.7%
Trailing net margin
13.1%
Indicated dividend yield
2.5%

Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-10-29 (provider estimate, not issuer-confirmed).

Company background

A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India. The company offers water heaters for residences, restaurants, hotels, office buildings, laundries, car washes, and small businesses; boilers for hospitals, schools, hotels, homes, apartments, and condominiums, and other large commercial buildings; and water treatment products comprising point-of-entry water softeners, well water solutions, and whole-home water filtration products, and point-of-use carbon and reverse osmosis products for residences, restaurants, hotels, and offices. It also provides commercial water treatment and filtration products; expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, and related products and parts; and electric wall-hung, gas tankless, combi-boiler, and heat pump and solar water heaters. The company offers its products under the A. O. Smith, State, Lochinvar, Hague, Water-Right, Master Water, Atlantic Filter, Impact, and Water Tec brands. It distributes its products through independent wholesale plumbing distributors, as well as to retail channels consisting of hardware and home center chains, and manufacturer representative firms, as well as offers Aquasana branded products directly to consumers through e-commerce channels; and A. O. Smith branded water treatment products through dealer network and Amazon. A. O. Smith Corporation was founded in 1874 and is headquartered in Milwaukee, Wisconsin.

Company website

Q1 2026

Go beyond the headline.

AOS Stock: Revenue Beats, EPS Misses — Q1 2026

Published 2026-05-02

Comparable businesses

AOS peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

No suitable peers with fresh, comparable size data are available. We have not substituted unrelated companies.

Market metrics · missing or inapplicable values shown as —
MetricAOSA. O. Smith CorporationSnapshot 2026-10-06Financial period: 2026-06-30
Market capMarket value, converted to USDUS$7.79B
Forward P/EProvider forward earnings estimate14.02x
EV / EBITDAEnterprise value / trailing EBITDA10.51x
Revenue growthLatest quarter vs prior-year quarter-0.7%
Operating marginLatest reported quarter18.9%
Free cash flow yieldTrailing cash flow / market cap6.2%
Net debt / EBITDANet debt / trailing EBITDA0.63x
Debt / equityTotal debt / positive book equity0.37x
Trailing P/ETrailing twelve-month earnings15.96x
Price / bookPrice / positive book equity per share4.23x
EV / salesEnterprise value / trailing revenue2.17x
Earnings growthLatest quarter vs prior-year quarter-15.0%
Gross marginTrailing twelve months38.6%
Net marginTrailing twelve months13.1%
Return on equityProvider trailing return; positive equity only27.1%
Free cash flow marginTrailing free cash flow / revenue12.7%
Dividend yieldIndicated annual dividend / price2.5%
Earnings payoutProvider trailing dividend payout39.6%
Current ratioCurrent assets / current liabilities1.59x
BetaProvider historical market sensitivity1.11

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for AOS

All available reporting periods
Q1 20262026-05-02

Reported figures

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