A. O. Smith Corporation

AOS

AOSA. O. Smith Corporation US flag

New York Stock Exchange

56.76

USD

+0.98

- -

7.93BMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	1,710	1,939	2,154	2,356	2,536	2,686	2,997	3,188	2,993	2,895	3,539	3,754	3,853	3,818	3,830
+ Sales & Services Revenue	1,710	1,939	2,154	2,356	2,536	2,686	2,997	3,188	2,993	2,895	3,539	3,754	3,853	3,818	3,830
- Cost of Revenue	1,198	1,287	1,380	1,497	1,527	1,572	1,764	1,882	1,812	1,787	2,228	2,424	2,368	2,362	2,343
+ Cost of Goods & Services	1,198	1,287	1,380	1,497	1,527	1,572	1,764	1,882	1,812	1,787	2,228	2,424	2,368	2,362	2,343
Gross Profit	513	652	774	859	1,010	1,114	1,232	1,306	1,181	1,108	1,311	1,330	1,485	1,456	1,487
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	373	450	524	572	611	662	723	754	716	660	701	671	727	739	759
+ Selling, General & Admin	373	450	524	572	611	662	723	754	716	660	701	671	727	739	759
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	140	202	249	287	399	452	510	552	465	448	610	659	757	717	728
- Non-Operating (Income) Loss	-22	-32	13	- -	-3	-11	-11	-6	-7	4	-16	435	24	16	13
+ Interest Expense, Net	9	9	6	6	7	7	10	8	11	7	4	9	12	7	14
+ Interest Expense	9	9	6	6	7	7	10	8	11	7	4	9	12	7	14
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-31	-42	7	-5	-11	-18	-21	-14	-18	-3	-20	426	12	9	-1
Pretax Income	162	234	236	287	402	462	521	558	472	444	626	224	734	701	715
- Income Tax Expense (Benefit)	50	71	67	79	120	136	224	114	102	99	138	-12	177	167	169
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	111	163	170	208	283	326	296	444	370	345	487	236	557	534	546
- Net Extraordinary Losses (Gains)	-194	4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	194	-4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	-389	8	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	306	159	170	208	283	326	296	444	370	345	487	236	557	534	546
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	306	159	170	208	283	326	296	444	370	345	487	236	557	534	546
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	306	159	170	208	283	326	296	444	370	345	487	236	557	534	546
EBIT	140	202	249	287	399	452	510	552	465	448	610	659	757	717	728
EBITDA	187	256	309	347	462	517	580	624	543	528	687	736	836	796	813
EBITDA Margin (%)	10.92	13.21	14.35	14.73	18.22	19.24	19.34	19.56	18.16	18.23	19.42	19.6	21.69	20.84	21.23
EBITA	140	202	249	287	399	452	510	552	465	448	610	659	757	717	728
Gross Margin (%)	29.97	33.62	35.93	36.47	39.81	41.48	41.13	40.95	39.45	38.28	37.04	35.42	38.54	38.14	38.83
Operating Margin (%)	8.17	10.39	11.57	12.19	15.73	16.82	17.01	17.31	15.54	15.47	17.22	17.55	19.66	18.77	19.01
Profit Margin (%)	17.87	8.18	7.88	8.82	11.15	12.16	9.89	13.93	12.36	11.91	13.76	6.28	14.45	13.98	14.26
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.15	0.18	0.23	0.3	0.39	0.49	0.56	0.77	0.92	0.98	1.08	1.17	1.22	1.29	1.38
Depreciation Expense	47	55	60	60	63	65	70	72	78	80	78	77	78	79	85
Basic Weighted Avg Shares	183	185	182	179	176	173	172	168	162	162	158	151	151	147	142
Basic EPS, GAAP	1.67	0.86	0.93	1.16	1.61	1.88	1.73	2.64	2.28	2.13	3.09	1.56	3.69	3.63	3.85
Basic EPS from Cont Ops	0.61	0.88	0.93	1.16	1.61	1.88	1.73	2.64	2.28	2.13	3.09	1.56	3.69	3.63	3.85
Diluted Weighted Avg Shares	186	186	186	182	179	177	175	172	167	163	161	156	151	147	142
Diluted EPS, GAAP	1.64	0.85	0.91	1.14	1.58	1.85	1.7	2.58	2.22	2.12	3.02	1.51	3.69	3.63	3.85
Diluted EPS from Cont Ops	0.6	0.87	0.91	1.14	1.58	1.85	1.7	2.58	2.22	2.12	3.02	1.51	3.69	3.63	3.85

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	1,209	1,115	1,206	1,319	1,403	1,562	1,767	1,638	1,500	1,618	1,753	1,634	1,500	1,393	1,292
+ Cash, Cash Equivalents & STI	626	463	486	542	645	755	820	645	551	690	631	482	363	276	193
+ Cash & Cash Equivalents	463	267	381	319	324	330	347	260	374	573	443	391	340	240	174
+ ST Investments	162	196	105	222	322	424	473	385	177	116	188	91	24	36	19
+ Accounts & Notes Receiv	368	425	459	475	501	519	593	647	590	585	634	581	596	541	582
+ Accounts Receivable, Net	368	425	459	475	501	519	593	647	590	585	634	581	596	541	582
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	168	163	193	208	223	251	297	305	303	300	448	516	497	532	479
+ Raw Materials	99	100	114	121	140	142	160	174	168	159	286	349	323	343	311
+ Work In Process	11	12	12	11	13	13	18	23	22	22	42	42	44	42	44
+ Finished Goods	86	74	89	100	86	114	140	138	137	143	190	174	178	196	180
+ Inventory Adjustments	-27	-23	-21	-24	-16	-18	-22	-31	-24	-24	-71	-49	-47	-49	-56
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	46	63	68	93	34	38	57	42	56	43	39	54	44	43	37
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	1,140	1,164	1,186	1,196	1,226	1,329	1,430	1,433	1,558	1,543	1,722	1,699	1,714	1,847	1,851
+ Property, Plant & Equip, Net	315	346	391	428	443	462	529	540	592	583	639	620	635	662	681
+ Property, Plant & Equip	614	681	759	816	867	932	1,060	1,097	1,204	1,264	1,376	1,395	1,456	1,529	1,611
- Accumulated Depreciation	299	335	368	388	424	471	531	557	612	681	736	774	821	867	929
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	825	818	795	769	783	867	902	893	965	960	1,083	1,078	1,079	1,186	1,170
+ Total Intangible Assets	786	774	758	737	712	800	825	806	884	871	993	968	970	1,083	1,073
+ Goodwill	434	435	434	429	421	492	517	513	546	547	628	620	633	762	711
+ Other Intangible Assets	353	339	325	308	291	308	309	293	338	324	365	348	337	321	362
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	38	44	36	31	71	67	76	87	81	89	90	110	109	103	97
Total Assets	2,349	2,279	2,392	2,515	2,629	2,891	3,197	3,072	3,058	3,161	3,474	3,332	3,214	3,240	3,143
+ Payables & Accruals	418	444	530	549	597	714	742	744	718	832	1,041	861	870	820	745
+ Accounts Payable	302	329	387	394	425	529	535	544	510	595	746	626	600	589	504
+ Accrued Taxes	4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	112	116	143	155	172	185	207	200	208	236	295	235	270	232	241
+ ST Debt	19	19	14	14	13	7	8	- -	7	7	7	10	10	10	42
+ ST Borrowings	19	19	14	14	13	7	8	- -	7	7	7	10	10	10	42
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	75	43	47	42	44	44	44	42	42	48	71	64	65	67	75
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	75	43	47	42	44	44	44	42	42	48	71	64	65	67	75
Total Current Liabilities	512	506	591	605	653	766	794	785	766	886	1,119	934	945	897	862
+ LT Debt	443	225	178	210	236	316	403	221	316	141	212	357	145	207	150
+ LT Borrowings	443	225	178	210	236	316	403	221	277	106	190	334	117	183	113
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	39	34	22	22	28	24	37
+ Other LT Liabilities	308	353	294	319	298	294	356	348	309	285	311	294	279	253	272
+ Accrued Liabilities	3	6	21	21	21	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	151	201	121	143	134	109	48	49	28	14	16	10	10	11	7
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	154	146	152	155	142	185	308	298	281	272	295	284	268	242	265
Total Noncurrent Liabilities	751	578	472	529	534	610	759	569	625	426	523	650	424	459	422
Total Liabilities	1,263	1,085	1,063	1,134	1,187	1,376	1,552	1,354	1,391	1,312	1,642	1,585	1,370	1,356	1,285
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	729	729	738	748	766	774	782	792	804	816	840	851	873	896	909
+ Common Stock	77	149	148	148	296	296	296	296	295	295	295	295	295	295	295
+ Additional Paid in Capital	652	580	590	600	469	478	486	497	509	520	545	556	578	601	614
- Treasury Stock	72	70	133	230	360	488	626	827	1,113	1,156	1,503	1,906	2,202	2,502	2,904
+ Retained Earnings	730	855	982	1,136	1,351	1,593	1,789	2,103	2,323	2,510	2,827	2,885	3,258	3,601	3,952
+ Other Equity	-301	-320	-259	-272	-313	-363	-300	-351	-348	-321	-331	-82	-84	-112	-99
Equity Before Minority Interest	1,086	1,194	1,329	1,381	1,442	1,515	1,645	1,717	1,667	1,848	1,832	1,748	1,844	1,884	1,858
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	1,086	1,194	1,329	1,381	1,442	1,515	1,645	1,717	1,667	1,848	1,832	1,748	1,844	1,884	1,858
Total Liabilities & Equity	2,349	2,279	2,392	2,515	2,629	2,891	3,197	3,072	3,058	3,161	3,474	3,332	3,214	3,240	3,143
Shares Outstanding	183	185	182	179	176	173	172	168	162	162	158	151	148	144	139
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	39	34	22	22	28	24	37
Net Debt	-2	-23	-189	-96	-75	-7	64	-38	-90	-460	-247	-47	-213	-46	-20
Net Debt to Equity	-0.17	-1.94	-14.21	-6.92	-5.17	-0.45	3.88	-2.23	-5.4	-24.88	-13.46	-2.67	-11.53	-2.46	-1.05
Tangible Common Equity Ratio	19.16	27.91	34.93	36.22	38.1	34.21	34.55	40.21	36	42.69	33.83	32.99	38.97	37.12	37.93
Current Ratio	2.36	2.2	2.04	2.18	2.15	2.04	2.23	2.09	1.96	1.83	1.57	1.75	1.59	1.55	1.5
Cash Conversion Cycle	2.7	31.88	29.43	27.06	24.89	15.59	17.15	25.16	30.43	22.62	21.11	31.26	38.63	43.36	45.24

Cash Flow Statement (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	111	163	170	208	283	326	296	444	370	345	487	236	557	534	546
+ Depreciation & Amortization	47	55	60	60	63	65	70	72	78	80	78	77	78	79	85
+ Non-Cash Items	-16	-12	39	39	10	11	92	10	13	13	12	261	23	15	23
+ Stock-Based Compensation	- -	- -	10	11	9	9	10	10	13	13	12	11	12	15	14
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	82	- -	- -	- -	- -	-168	-4	-5	9
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16	5	- -
+ Other Non-Cash Adj	-16	-12	28	29	1	1	- -	- -	- -	- -	- -	417	-1	- -	- -
+ Chg in Non-Cash Work Cap	-81	-33	14	-41	-3	46	-132	-77	-5	124	64	-182	13	-46	-37
+ (Inc) Dec in Accts Receiv	- -	-57	-32	-17	-26	-15	-76	-55	62	4	-26	42	-16	49	-36
+ (Inc) Dec in Inventories	- -	5	-28	-15	-15	-23	-38	-8	6	3	-110	-83	18	-40	57
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	16	89	2	62	110	7	5	-21	115	199	-136	7	-39	-81
+ Inc (Dec) in Other	-81	3	-14	-11	-24	-26	-26	-20	-53	2	- -	-6	4	-15	24
+ Net Cash From Disc Ops	-3	-28	-3	-2	-1	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	59	144	280	264	352	447	326	449	456	562	641	391	670	582	617
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-24	-22	-74	-104	-128	-135	-139	-203	-288	-57	-366	-404	-306	-306	-401
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-24	-22	-74	-104	-128	-135	-139	-203	-288	-57	-366	-404	-306	-306	-401
+ Net Change in LT Investment	- -	-3	94	-120	-113	-129	-21	72	205	69	-67	86	65	-13	18
+ Dec in LT Investment	- -	308	226	202	315	435	563	596	478	226	118	178	128	60	60
+ Inc in LT Investment	- -	-311	-133	-322	-429	-564	-584	-523	-273	-157	-185	-92	-63	-74	-43
+ Net Cash From Acq & Div	-421	-14	-4	- -	- -	-91	-43	- -	-107	- -	-208	-8	-17	-146	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-421	-14	-4	- -	- -	-91	-43	- -	-107	- -	-208	-8	-17	-146	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	547	-70	-98	-86	-73	-81	-94	-85	-64	-57	-75	-70	-73	-108	-71
+ Net Cash From Disc Ops	600	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	126	-87	-8	-206	-186	-300	-158	-13	34	12	-350	8	-24	-267	-53
+ Dividends Paid	-28	-33	-43	-54	-68	-84	-97	-130	-149	-159	-170	-177	-184	-190	-196
+ Net Cash From Debt	200	-219	-52	34	-6	74	86	-189	- -	- -	- -	- -	-218	70	-38
+ Cash From Debt	200	- -	- -	34	28	74	86	- -	- -	- -	- -	- -	688	1,100	1,087
+ Repayments of Debt	- -	-219	-52	- -	-34	- -	- -	-189	- -	- -	- -	- -	-906	-1,030	-1,125
+ Other Financing Activities	11	20	10	5	40	6	-3	-1	61	-159	116	150	23	18	1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	160	-254	-158	-119	-161	-140	-152	-523	-376	-375	-421	-431	-685	-408	-633
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-21	-13	-7	4
Net Changes in Cash	344	-196	114	-61	4	7	16	-87	114	199	-130	-31	-38	-94	-69
EBITDA	187	256	309	347	462	517	580	624	543	528	687	736	836	796	813
EBITDA Margin (%)	10.92	13.21	14.35	14.73	18.22	19.24	19.34	19.56	18.16	18.23	19.42	19.6	21.69	20.84	21.23
Free Cash Flow	59	144	280	264	352	447	326	449	456	562	641	391	670	582	617
Net Cash Paid for Acquisitions	421	14	4	- -	- -	91	43	- -	107	- -	208	8	17	146	- -
Free Cash Flow to Firm	65	150	284	268	357	452	332	456	465	568	644	- -	679	587	627
Free Cash Flow to Equity	259	-75	228	298	346	521	413	260	456	562	641	391	452	652	579
Free Cash Flow per Basic Share	0.32	0.78	1.53	1.48	2	2.57	1.9	2.67	2.81	3.47	4.07	2.59	4.44	3.96	4.35
Price/Free Cash Flow	26.09	16.96	15.05	16.55	16.78	16.33	28.85	14.61	15.82	14.72	20.39	21.9	18.19	17.16	15.39
Cash Flow to Net Income	0.19	0.91	1.65	1.27	1.24	1.37	1.1	1.01	1.23	1.63	1.32	1.66	1.2	1.09	1.13
Capital Expenditures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -