A. O. Smith Corp. manufactures residential and commercial water heating equipment and air purification products. It operates through the following two segments: North America and Rest of World. The North America segment manufactures and markets comprehensive lines of residential and commercial gas and electric water heaters, boilers, tanks. The Rest of World segment comprises of China, Europe, and India; and manufactures and markets water treatment products. The company was founded by Charles Jeremiah Smith in 1874 and is headquartered in Milwaukee, WI.
Highlights
Smith A O's debt has decreased by 20% YoY and by 16% QoQ
AOS's equity is down by 3.9% year-on-year but it is up by 2.6% since the previous quarter
The stock's price to earnings (P/E) is 36% more than its last 4 quarters average of 21.4 and 16% more than its 5-year quarterly average of 25.0
AOS's net income is down by 29% year-on-year and by 10% since the previous quarter
Key stats
What are the main financial stats of AOS
Market
Shares outstanding
161.41M
Market cap
$8.58B
Enterprise value
$8.46B
Valuations
Price to earnings (P/E)
29.06
Price to book (P/B)
5.17
Price to sales (P/S)
3.08
EV/EBIT
21.51
EV/EBITDA
17.88
EV/Sales
3.04
Earnings
Revenue
$2.78B
EBIT
$393.3M
EBITDA
$473.2M
Free cash flow
$439.1M
Per share
EPS
$1.83
Free cash flow per share
$2.72
Book value per share
$10.29
Revenue per share
$17.25
TBVPS
$13.1
Balance sheet
Total assets
$2.98B
Total liabilities
$1.33B
Debt
$318.6M
Equity
$1.66B
Working capital
$709M
Liquidity
Debt to equity
0.19
Current ratio
1.96
Quick ratio
1.47
Net debt/EBITDA
-0.26
Margins
EBITDA margin
17%
Gross margin
38.4%
Net margin
10.7%
Operating margin
13.6%
Efficiency
Return on assets
9.9%
Return on equity
18.1%
Return on invested capital
28.3%
Return on capital employed
17.5%
Return on sales
14.1%
Dividend
Dividend yield
1.81%
DPS
$0.96
Payout ratio
52.5%
AOS stock price
How has the Smith A O stock price performed over time
Financial performance
How have Smith A O's revenue and profit performed over time
Revenue
$2.78B
Gross profit
$1.07B
Operating income
$378.2M
Net income
$298.1M
Gross margin
38.4%
Net margin
10.7%
AOS's net income is down by 29% year-on-year and by 10% since the previous quarter
The company's operating income fell by 27% YoY and by 11% QoQ
Smith A O's net margin has decreased by 22% YoY and by 7% QoQ
The company's operating margin fell by 19% YoY and by 8% QoQ
Growth
What is Smith A O's growth rate over time
Valuation
What is Smith A O stock price valuation
P/E
29.06
P/B
5.17
P/S
3.08
EV/EBIT
21.51
EV/EBITDA
17.88
EV/Sales
3.04
The stock's price to earnings (P/E) is 36% more than its last 4 quarters average of 21.4 and 16% more than its 5-year quarterly average of 25.0
AOS's EPS is down by 27% YoY and by 9% QoQ
The price to book (P/B) is 18% higher than the last 4 quarters average of 4.4
AOS's equity is down by 3.9% year-on-year but it is up by 2.6% since the previous quarter
The price to sales (P/S) is 23% higher than the last 4 quarters average of 2.5 and 6% higher than the 5-year quarterly average of 2.9
The revenue fell by 10% YoY and by 3.5% QoQ
Efficiency
How efficient is Smith A O business performance
The company's return on assets fell by 27% YoY and by 8% QoQ
The ROE has contracted by 26% YoY and by 10% from the previous quarter
AOS's return on invested capital is down by 20% year-on-year and by 3.7% since the previous quarter
AOS's ROS is down by 19% YoY and by 7% QoQ
Dividends
What is AOS's dividend history
DPS
$0.96
Dividend yield
1.81%
Payout ratio
52.5%
Recent dividends
Financial health
How did Smith A O financials performed over time
Smith A O's total assets is 125% more than its total liabilities
AOS's quick ratio is down by 11% year-on-year and by 4.5% since the previous quarter
Smith A O's current ratio has decreased by 11% YoY and by 4.9% QoQ
Smith A O's debt is 81% lower than its equity
Smith A O's debt has decreased by 20% YoY and by 16% QoQ
The debt to equity has declined by 17% since the previous quarter and by 17% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.