Financials in USD. Standardized financial statements.
A compact view of how A. O. Smith Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $3.83B | $3.82B | $3.85B | $3.75B | $3.54B | $2.90B | $2.99B | $3.19B | $3.00B | $2.69B |
| Revenue Growth? | +0.3% | -0.9% | +2.6% | +6.1% | +22.2% | -3.3% | -6.1% | +6.4% | +11.6% | 0.0% |
| Cost of Revenue? | $2.34B | $2.36B | $2.37B | $2.42B | $2.23B | $1.79B | $1.81B | $1.88B | $1.76B | $1.57B |
| Gross Profit? | $1.49B | $1.46B | $1.48B | $1.33B | $1.31B | $1.11B | $1.18B | $1.31B | $1.24B | $1.12B |
| Gross Margin? | +38.8% | +38.1% | +38.5% | +35.4% | +37.0% | +38.3% | +39.5% | +41.0% | +41.3% | +41.7% |
| Operating Expenses? | $759.40M | $739.30M | $727.40M | $670.90M | $701.40M | $660.30M | $715.60M | $753.80M | $718.20M | $658.90M |
| Operating Income? | $728.00M | $716.80M | $757.40M | $658.70M | $609.50M | $446.20M | $466.80M | $551.70M | $520.50M | $460.40M |
| EBITDA? | $792.20M | $786.50M | $823.80M | $310.00M | $707.80M | $531.20M | $561.40M | $638.10M | $601.00M | $534.90M |
| Income Before Tax | $715.10M | $701.00M | $733.50M | $223.70M | $625.60M | $443.90M | $472.10M | $557.80M | $520.80M | $462.50M |
| Income Tax Expense | $168.90M | $167.40M | $176.90M | -$12.00M | $138.50M | $99.00M | $102.10M | $113.60M | $224.30M | $136.00M |
| Net Income? | $546.20M | $533.60M | $556.60M | $235.70M | $487.10M | $344.90M | $370.00M | $444.20M | $296.50M | $326.50M |
| EPS? | $3.86 | $3.65 | $3.71 | $1.52 | $3.05 | $2.14 | $2.24 | $2.60 | $1.72 | $1.87 |
| Diluted EPS? | $3.86 | $3.63 | $3.69 | $1.51 | $3.02 | $2.12 | $2.22 | $2.58 | $1.70 | $1.85 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality