AOS
Smith AO Corporation
NYSE: AOS · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$63.68
-0.36% today
Updated 2026-04-29
Market cap
$8.80B
P/E ratio
16.54
P/S ratio
2.30x
EPS (TTM)
$3.85
Dividend yield
2.16%
52W range
$61 – $81
Volume
1.4M
Smith AO Corporation (AOS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.16B | $2.31B | $2.30B | $1.38B | $1.49B | $1.71B | $1.94B | $2.15B | $2.36B | $2.54B | $2.69B | $3.00B | $3.19B | $2.99B | $2.90B | $3.54B | $3.75B | $3.85B | $3.82B | $3.83B |
| Revenue growth (YoY) | — | +7.0% | -0.3% | -40.3% | +8.3% | +14.9% | +13.4% | +11.1% | +9.4% | +7.7% | +5.9% | +11.6% | +6.4% | -6.1% | -3.3% | +22.2% | +6.1% | +2.6% | -0.9% | +0.3% |
| Cost of revenue | $1.70B | $1.80B | $1.81B | $1.49B | $1.04B | $1.20B | $1.29B | $1.38B | $1.50B | $1.53B | $1.57B | $1.76B | $1.88B | $1.81B | $1.79B | $2.23B | $2.42B | $2.37B | $2.36B | $2.34B |
| Gross profit | $463.90M | $513.40M | $497.50M | $500.70M | $446.00M | $512.60M | $652.00M | $773.80M | $859.30M | $1.01B | $1.12B | $1.24B | $1.31B | $1.18B | $1.11B | $1.31B | $1.33B | $1.48B | $1.46B | $1.49B |
| Gross margin | 21.5% | 22.2% | 21.6% | 36.4% | 29.9% | 30.0% | 33.6% | 35.9% | 36.5% | 39.8% | 41.7% | 41.3% | 41.0% | 39.5% | 38.3% | 37.0% | 35.4% | 38.5% | 38.1% | 38.8% |
| R&D | $42.30M | $47.80M | $48.50M | $52.60M | $37.10M | $42.70M | $51.70M | $57.80M | $67.90M | $73.70M | $80.10M | $86.40M | $94.00M | $87.90M | $80.70M | $94.20M | $89.00M | $97.50M | $101.70M | — |
| SG&A | $324.00M | $363.00M | $357.40M | $366.60M | $328.70M | $372.80M | $381.30M | $446.50M | $478.10M | $508.50M | $545.00M | $591.30M | $621.70M | $604.90M | $563.30M | $594.40M | $570.50M | $633.50M | $657.10M | $759.40M |
| Operating income | $139.90M | $150.40M | $140.10M | $89.60M | $57.10M | $139.80M | $201.50M | $249.30M | $287.20M | $399.10M | $460.40M | $520.50M | $551.70M | $466.80M | $446.20M | $609.50M | $658.70M | $757.40M | $716.80M | $728.00M |
| Operating margin | 6.5% | 6.5% | 6.1% | 6.5% | 3.8% | 8.2% | 10.4% | 11.6% | 12.2% | 15.7% | 17.1% | 17.4% | 17.3% | 15.6% | 15.4% | 17.2% | 17.5% | 19.7% | 18.8% | 19.0% |
| EBITDA | $190.60M | $194.10M | $195.60M | $197.80M | $121.00M | $217.80M | $297.60M | $301.80M | $352.20M | $472.90M | $534.90M | $601.00M | $638.10M | $561.40M | $531.20M | $707.80M | $310.00M | $823.80M | $786.50M | $792.20M |
| EBITDA margin | 8.8% | 8.4% | 8.5% | 14.4% | 8.1% | 12.7% | 15.3% | 14.0% | 14.9% | 18.6% | 19.9% | 20.1% | 20.0% | 18.8% | 18.3% | 20.0% | 8.3% | 21.4% | 20.6% | 20.7% |
| EBIT | $129.70M | $126.60M | $129.30M | $130.30M | $80.20M | $170.80M | $243.00M | $242.10M | $292.40M | $409.90M | $469.80M | $530.90M | $566.20M | $483.10M | $451.20M | $629.90M | $233.10M | $745.50M | $707.70M | $729.40M |
| Interest expense | $0.00 | $26.70M | $19.20M | $10.70M | $6.90M | $9.30M | $9.20M | $5.70M | $5.70M | $7.40M | $7.30M | $10.10M | $8.40M | $11.00M | $7.30M | $4.30M | $9.40M | $12.00M | $6.70M | $13.50M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $76.50M | $88.20M | $81.90M | $81.30M | $111.70M | $305.70M | $162.60M | $169.70M | $207.80M | $282.90M | $326.50M | $296.50M | $444.20M | $370.00M | $344.90M | $487.10M | $235.70M | $556.60M | $533.60M | $546.20M |
| Net income growth (YoY) | — | +15.3% | -7.1% | -0.7% | +37.4% | +173.7% | -46.8% | +4.4% | +22.5% | +36.1% | +15.4% | -9.2% | +49.8% | -16.7% | -6.8% | +41.2% | -51.6% | +136.1% | -4.1% | +2.4% |
| Profit margin | 3.5% | 3.8% | 3.6% | 5.9% | 7.5% | 17.9% | 8.4% | 7.9% | 8.8% | 11.2% | 12.2% | 9.9% | 13.9% | 12.4% | 11.9% | 13.8% | 6.3% | 14.4% | 14.0% | 14.3% |