AOS - Earnings announcements

First Quarter 2026 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted)Sales of $946 million; net earnings of $118 million and diluted earnings per share (EPS) of $0.85North America segment sales of $753.4 million increased 1% with the addition of Leonard Valve and pricing benefits offsetting softer water heater industry volumes and weather-related production and shipping constraintsRest of World segment sales of $200.7 million decreased 11% due to continued challenges in the consumer appliance market in ChinaNet earnings decreased primarily as a result of lower volumes and transaction-related expenses recognized in the quarter for the Leonard Valve acquisitionStrong gr

MILWAUKEE, April 2, 2026 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its first quarter 2026 financial results before the market opens on Thursday, April 30, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).  The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "First Quarter Conference Call" link.About A. O. SmithA. O. Smith Corp

2025 Highlights (Comparisons are year-over-year ("YoY"), unless otherwise noted) Sales of $3.8 billion; net earnings increased 2% to $546.2 million and diluted EPS increased 6% to a record $3.851Strong execution led to 80 basis points of operating margin improvementFree cash flow (FCF) of $546 million, 100% FCF to net earningsReturned $597 million of capital to shareholders through dividends and share repurchasesLeonard Valve acquisition closed in January 2026 and advances a broader water management platform1 2024 net earnings and EPS included pre-tax restructuring and impairment expenses of $17.6 million, with an EPS impact of $0.10, to right size the businesses in China and North America W

MILWAUKEE, Jan. 7, 2026 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its fourth quarter 2025 financial results before the market opens on Thursday, Jan. 29, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Standard Time).  The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "Fourth Quarter Conference Call" link. About A. O. Smith A. O. Smith

Third Quarter 2025 Highlights (Comparisons are year-over-year ("YoY"), unless otherwise noted) Sales of $943 million grew 4% driven by higher water heater and boiler sales in North AmericaNet earnings increased 10% to $132 million and diluted EPS increased 15% to $0.94North America sales grew 6% and operating margin expanded 110 basis points to 24.2%12% China local currency sales decline drove 1% Rest of World segment sales decrease; segment operating margin improved 90 basis pointsCash provided by operations grew 21% to $434 million and free cash flow grew 35% to $381 million in the first nine months of 2025Updated full year outlookConsolidated sales projected to range from flat to up 1%Nar

MILWAUKEE, Oct. 2, 2025 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its third quarter 2025 financial results before the market opens on Tuesday, Oct. 28, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).  The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "Third Quarter Conference Call" link. About A. O. SmithA. O. Smith Corp

Second Quarter 2025 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted) Sales of $1 billion declined 1% as higher boiler sales were more than offset by lower sales in China and lower water heater volumes in North AmericaNet earnings and diluted EPS were $152.2 million and $1.07, respectivelyNorth America operating margin increased 30 basis points to 25.4%Rest of World operating margin continued sequential improvement to 10.5%Repurchased $251.3 million of shares in the first half of 2025Initiating assessment of strategic opportunities for China businessRaised full year 2025 sales outlook and the midpoint of full year diluted EPS outlook:Consolidated sales to grow betwee

MILWAUKEE, July 2, 2025 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its second quarter 2025 financial results before the market opens on Thursday, July 24, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).  A. O. Smith will release its second quarter 2025 financial results.The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "S

First Quarter 2025 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted) Sales of $964 million, a decrease of 2% primarily due to lower water heater volumes in North America and lower sales in ChinaNorth America sales decreased 2% against a difficult comparison. Sequential quarter-over-quarter improvement in segment sales was 9%Net earnings were $136.6 million and diluted EPS decreased 5% to $0.95Rest of World operating margin improved 110 basis points on flat sales led by China operating margin expansion of 200 basis pointsRepurchased $121 million of shares and reaffirmed expected full year repurchases of $400 million2025 Outlook maintained at:Consolidated sales to be f

MILWAUKEE, April 2, 2025 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its first quarter 2025 financial results before the market opens on Tuesday, April 29, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).  A. O. Smith will release first quarter financial results before the market opens April 29.The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors"

2024 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted) Sales of $3.8 billion, a decrease of 1% primarily driven by lower sales in ChinaNet earnings of $533.6 million and diluted earnings per share (EPS) of $3.63, a 2% decrease, primarily due to lower sales as well as a $0.10 reduction to EPS for restructuring and impairment expenses to right size the businesses in China and North America water treatmentAdjusted earnings of $548.0 million resulted in adjusted EPS of $3.73, a decrease of 2%Returned $496 million of capital to shareholders through dividend and share repurchasesPureit acquisition, which closed in the fourth quarter, had a minimal impact on 2024 resultsMIL

MILWAUKEE, Jan. 3, 2025 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its fourth quarter 2024 financial results before the market opens on Thursday, January 30, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).  A. O. Smith Corporation to release fourth quarter 2024 financial results Jan. 30.The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page

Third Quarter 2024 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted) Sales of $903 million, a decrease of 4%, driven by lower sales in China and lower volumes of water heaters in North AmericaNet earnings of $120 million, a decrease of 11%Diluted earnings per share (EPS) of $0.82, a decrease of 9% Reaffirm revised 2024 EPS outlook of $3.70 to $3.856% increase to our dividend; we have increased our dividend for 32 consecutive yearsRecently announced Pureit acquisition on track to close by the end of 2024MILWAUKEE, Oct. 22, 2024 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE:AOS) today announced its third quarter 2024 resu

Summary(Comparisons are year-over-year ("YoY"), unless otherwise noted) Preliminary third quarter sales of $903 million, a decrease of 4%, due to lower sales in China and North America water heatingPreliminary third quarter earnings per share ("EPS") of $0.82, a decrease of 9%Preliminary cash provided by operations of $360 million and preliminary free cash flow of $283 million in the first nine months of 2024Lowered full year EPS guidance to be between $3.70 and $3.85 compared to prior guidance of $3.95 to $4.10MILWAUKEE, Oct. 11, 2024 /PRNewswire/ -- Global water technology c

MILWAUKEE, Oct. 2, 2024 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its third quarter 2024 financial results before the market opens on Tuesday, October 22, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Time). A. O. Smith announces third quarter conference call.The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "Third Quarter Conference

Second Quarter 2024 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted) Record sales of $1 billion, an increase of 7%, driven by higher water heater volumesDiluted earnings per share (EPS) of $1.06, a YoY increase of 2% and an increase of 5% compared to prior year adjusted EPS Reaffirm 2024 sales outlook of an increase of 3% to 5%Narrow EPS guidance to a range of between $3.95 and $4.10Recently announced Pureit acquisition expected to close by the end of 2024MILWAUKEE, July 23, 2024 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE:AOS) today announced its second quarter 2024 results.

MILWAUKEE, July 15, 2024 /PRNewswire/ -- Global water technology company A. O. Smith Corporation (the "Company") (NYSE:AOS) announced today that it has signed an agreement to acquire Pureit from Unilever. Pureit offers a broad range of residential water purification solutions and has annual sales of approximately USD $60 million, primarily in India. The purchase price will be approximately USD $120 million in cash, subject to customary adjustments. The Company expects to complete the acquisition of Pureit by the end of 2024 and does not expect the acquisition to have a material impact on earnings in the first year.

MILWAUKEE, July 2, 2024 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its second quarter 2024 financial results before the market opens on Tuesday, July 23, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Time).  The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "Second Quarter Conference Call" link. About A. O. Smith Celebrating its 150th

First Quarter 2024 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted) Sales of $979 million, an increase of 1%Earnings per share (EPS) of $1.00, a YoY increase of 19% and an increase of 6% compared to prior year adjusted EPSStrong operating cash flow of $107 million and free cash flow of $85 millionReaffirm 2024 Outlook:Sales outlook of an increase of 3% to 5%EPS guidance with a range of between $3.90 and $4.15MILWAUKEE, April 25, 2024 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE:AOS) today announced its first quarter 2024 results.

MILWAUKEE, April 3, 2024 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its first quarter 2024 financial results before the market opens on Thursday, April 25, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Time). A. O. Smith to Hold First Quarter Conference CallThe call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "First Quarter Conference Cal

2023 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted) Record sales of $3.9 billion, an increase of 3% primarily driven by higher water heater volumesRecord net earnings of $556.6 million and record earnings per share (EPS) of $3.69 driven by higher volumes and improved operating margin in North AmericaAdjusted earnings of $574.8 million resulted in adjusted EPS of $3.81, an increase of 21%Strong operating cash flow and free cash flow of $670 million and $598 million, respectively, and free cash flow conversion of 107%2024 Outlook:Sales increase of 3% to 5%EPS of between $3.90 and $4.15MILWAUKEE, Jan. 30, 2024 /PRNewswire/ -- Global water technology company A. O. Smi

MILWAUKEE, Jan. 3, 2024 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its fourth quarter 2024 financial results before the market opens on Tuesday, January 30, 2024, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).  The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "Fourth Quarter Conference Call" link. About A. O. SmithA. O.

MILWAUKEE, Oct. 2, 2023 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its third quarter 2023 financial results before the market opens on Thursday, October 26, 2023, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).  A. O. Smith to Hold Third Quarter Investor Conference CallThe call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "Th

Second Quarter 2023 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted) Sales of $961 million, a decrease of 1%North America decreased 3%Rest of World increased 6%, an increase of 12% in local currencyNet earnings of $157.0 million resulted in record EPS of $1.04, an increase of 28%Adjusted earnings of $152.5 million exclude non-cash after-tax income of $4.5 million related to the finalization of our pension settlement, resulting in record adjusted EPS of $1.01Strong operating cash flow and free cash flow of $260.2 million and $236.0 million respectively, driven by higher earnings and working capital management2023 Outlook raised to:Sales flat, to up 2%, compared to 20

MILWAUKEE, July 12, 2023 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its second quarter 2023 financial results before the market opens on Thursday, July 27, 2023, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).  A. O. Smith Announces Second Quarter Conference CallThe call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "Second Qu

First Quarter 2023 Highlights (Comparisons are year-over-year ("YoY"), unless otherwise noted) Sales of $966 million, a decrease of 1%North America increased 3% year over yearRest of World decreased 14% year over year, a decrease of 8% in local currencyNet earnings of $126.9 million resulted in record first quarter earnings per share (EPS) of $0.84, an increase of 11%Adjusted earnings of $142.5 million exclude a non-cash after-tax impairment charge of $15.6 million related to the committed plan to sell the company's business in Turkey, resulting in record first quarter adjusted EPS of $0.94Strong operating cash flow and free cash flow of $119.9 million and $109.2 million respectively, driven

MILWAUKEE, April 3, 2023 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its first quarter 2023 financial results before the market opens on Thursday, April 27, 2023, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).  A. O. Smith Announces First Quarter Conference CallThe call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "First Quar

2022 Highlights   (Comparisons are year-over-year ("YoY"), unless otherwise noted) Record sales of $3.8 billion, an increase of 6% primarily driven by previously announced inflation-related pricing actionsNet earnings of $235.7 million, including an after-tax non-cash pension settlement expense of $249.6 million, resulting in earnings per share (EPS) of $1.51 as the company completed the planned settlement of the majority of its pension obligationsAdjusted earnings1 of $488.7 million resulted in adjusted EPS1 of $3.14, an increase of 6%2023 Outlook:Sales flat to 2022 at the mid-point with a range of plus or minus 3%EPS of between $3.15 and $3.451 Excludes pension settlement expense, legal ju

MILWAUKEE, Jan. 3, 2023 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its fourth quarter 2022 financial results before the market opens on Tuesday, January 31, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).  The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "Fourth Quarter Conference Call" link. About A. O. SmithA. O. Smith

Third Quarter 2022 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted) Net sales of $874.2 million, a decrease of 4% primarily driven by greater than anticipated residential water heater de-stocking activity, partially offset by previously announced inflation-related pricing actionsNet earnings of $109.8 million, a decrease of 17%Earnings per share ("EPS") of $0.71, a decrease of 13%Adjusted earnings1 of $106.6 million resulted in adjusted EPS1 of $0.69Reaffirm revised 2022 EPS guidance of $1.29 to $1.39 and adjusted EPS guidance of $3.05 to $3.15MILWAUKEE, Oct. 27, 2022 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE:AOS)

Summary (Comparisons are year-over-year ("YoY"), unless otherwise noted) Preliminary third quarter sales of $874 million, a decrease of 4%, as pricing benefits were more than offset by greater than anticipated North America residential water heater channel inventory de-stockingPreliminary third quarter earnings per share ("EPS") of $0.71, a decrease of 13% and preliminary adjusted EPS of $0.69 a decrease of 15%Preliminary cash provided by operations of $180.9 million and preliminary free cash flow of $130.0 million in the first nine months of 2022Lowered full year residential water heater industry guidance to be down approximately 12-13%Lowered and narrowed full year EPS guidance to be betwe

MILWAUKEE, Oct. 3, 2022 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its third quarter 2022 financial results before the market opens on Thursday, October 27, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).  A. O. Smith Announces Third Quarter Conference CallThe call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "Third Quarter C

Second Quarter 2022 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted) Sales of $966 million, an increase of 12% primarily driven by previously announced inflation-related pricing actionsNet earnings of $126.2 million, an increase of 7%Earnings per share ("EPS") of $0.81, an increase of 11%Adjusted earnings of $128.5 million, which exclude pre-tax non-operating pension expense of $3.0 million, resulting in adjusted EPS of $0.82Reaffirm 2022 EPS guidance of $1.56 to $1.76 and adjusted EPS guidance of $3.35 to $3.55MILWAUKEE, July 28, 2022 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE:AOS) today announced its second quarte

MILWAUKEE, July 1, 2022 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its second quarter 2022 financial results before the market opens on Thursday, July 28, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).  A. O. Smith to Hold Second Quarter Conference CallThe call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "Second Quarter Con

First Quarter 2022 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted) Sales of $978 million, an increase of 27% due primarily to inflation-related pricing actionsNet earnings of $119.8 million, an increase of 23%Earnings per share ("EPS") of $0.76, an increase of 27%Adjusted earnings of $122.0 million, which exclude pre-tax non-operating pension expense of $2.9 million, and adjusted EPS of $0.77Reaffirm 2022 EPS guidance of $1.56 to $1.76 and adjusted EPS guidance of $3.35 to $3.55MILWAUKEE, April 28, 2022 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE:AOS) today announced its first quarter 2022 results.

MILWAUKEE, April 4, 2022 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its first quarter 2022 financial results before the market opens on Thursday, April 28, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).  A. O. Smith to Hold First Quarter Conference CallThe call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "First Quarter Conf

MILWAUKEE, Jan. 27, 2022 /PRNewswire/ -- A. O. Smith Reports Record 2021 Earnings per Share2021 Highlights (Comparisons are year-over-year ("YoY"), unless otherwise noted) Record sales of $3.5 billion, due to inflation-related pricing actions and strong worldwide demand Net earnings of $487.1 million, an increase of 41% fueled by the benefit of pricing actions and higher volumes, despite higher material and logistics costs Earnings per share ("EPS") of $3.02, an increase of 42% Operating cash flow of $641.1 million, an increase of 14% and free cash flow1 of $566.0 million, an

MILWAUKEE, Wis., Jan. 7, 2022 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its fourth quarter 2021 financial results before the market opens on Thursday, January 27, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Standard Time).  The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "Fourth Quarter Conference Call" link. About A. O. Smith A

MILWAUKEE, Oct. 28, 2021 /PRNewswire/ -- Third Quarter 2021 Highlights (Comparisons are year-over-year, unless otherwise noted) Record sales of $914.6 million, an increase of 20% driven by inflation-related pricing actions and strong worldwide demand Net earnings of $131.6 million, an increase of 25% fueled by the benefit of pricing actions and higher volumes and despite higher material and logistics costs Earnings per share ("EPS") of $0.82, an increase of 26% amid resilient sales and a $0.03 per share favorable tax impact Nine-month free cash flow1 of $331.5 million, an incr

MILWAUKEE, Oct. 19, 2021 /PRNewswire/ -- Global water technology company A. O. Smith Corporation (the "Company") (NYSE:AOS) announced today that it has acquired Giant Factories, Inc., a Canada-based manufacturer of residential and commercial water heaters, with trailing twelve-month sales of approximately USD $105 million. The purchase price is approximately USD $192 million in cash, subject to customary adjustments. Taking into account an expected tax benefit of approximately $6.5 million that the Company will achieve as a result of treating the transaction as a purchase of assets for tax purposes, and projected operating synergies expected to be achieved over a two-year period, the purchas

MILWAUKEE, Oct. 1, 2021 /PRNewswire/ -- A. O. Smith Corporation (NYSE:AOS) will release its third quarter 2021 financial results before the market opens on Thursday, October 28, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).  A. O. Smith to Hold Third Quarter Conference CallThe call can be heard live on the company's web site, www.aosmith.com. An audio replay of the call will be available on the company's web site after the live event. To access the archived audio replay, go to the "Investors" page and select the "Third Quarter