Stocks · Industrials · Industrial - Machinery
A. O. Smith Corporation AOS
$56.97 +0.39% Close, Oct 5, 2026 · NYSE · Market cap $7.86B
High qualityInexpensive vs sectorLow risk
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- At 15.9× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
- Over the past year the stock returned -22.5%, behind the S&P 500 by 38.3 percentage points.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
Growth27Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 21%
- EPS growth (TTM, YoY)Bottom 39%
- FCF growth (TTM, YoY)Top 36%
- Revenue growth, 3-year CAGRBottom 32%
- Revenue growth accelerationBottom 35%
Quality96Exceptional
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 8%
- Gross marginTop 26%
- Operating marginTop 17%
- Cash conversion (OCF / net income)Bottom 43%
- Accruals (lower is better)Top 40%
- Net debt / EBITDA (lower is better)Top 29%
- Interest coverTop 9%
Value93Exceptional
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 9%
- Free-cash-flow yieldTop 14%
- EBITDA / enterprise valueTop 23%
- Sales / enterprise valueBottom 48%
- P/E vs own 5-year history (lower is better)Top 5%
Momentum21Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 22%
- 6-month returnBottom 29%
- 1-year return vs S&P 500Bottom 23%
- Distance from 52-week highBottom 40%
- Trend checklist (0–4)Bottom 16%
Revisions18Very weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 39%
- Consecutive EPS beatsBottom 39%
- Share of analysts rating BuyBottom 16%
- Upside to consensus price targetBottom 40%
Stability91Exceptional
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 17%
- Maximum drawdown, 3 yearsTop 32%
- Beta vs S&P 500 (lower is better)Top 14%
- Net debt / EBITDA (lower is better)Top 29%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 0.2% | 0.4% | ↑ |
| EPS growth (YoY) | 5.0% | 0.0% | ↓ |
| Gross margin | 38.2% | 38.6% | ↑ |
| Operating margin | 18.6% | 17.6% | ↓ |
| FCF margin | 13.0% | 16.8% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 0.4% | 0.2% | ↑ | Bottom 21% |
| EPS growth (TTM, YoY) | 0.0% | 5.0% | ↓ | Bottom 39% |
| Gross margin | 38.6% | 38.2% | ↑ | Top 26% |
| Operating margin | 17.6% | 18.6% | ↓ | Top 17% |
| Net margin | 13.1% | 13.7% | ↓ | — |
| Free-cash-flow margin | 16.8% | 13.0% | ↑ | — |
| Return on invested capital | 18.4% | — | Top 8% | |
| Revenue growth, 3-year CAGR | 0.7% | — | Bottom 32% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.38×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -5.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +4.2 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.67×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 31.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.52%
- Net buyback yield (TTM)
- 3.95%
- Shareholder yield
- 6.47%
- Share count change, 1 year
- -3.4%
- Share count change, 3-year CAGR
- -3.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +2.2%
- Average 2-day reaction, last 8
- +0.0%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $70.50
- Target vs current price
- +23.7%
- Analysts with a rating
- 30
- Share rating Buy or Strong Buy
- 33%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | +7.6% | -3.6% | +1.8% | +0.7% | — |
| Apr 30, 2026 | -9.8% | -2.9% | -4.1% | -9.5% | -1.9% |
| Jan 29, 2026 | +7.1% | +5.3% | +12.8% | +11.0% | -7.4% |
| Oct 28, 2025 | +3.6% | -2.6% | -4.3% | -6.6% | +5.6% |
| Jul 24, 2025 | +10.3% | +3.6% | -0.8% | +0.7% | -2.8% |
| Apr 29, 2025 | +4.3% | +3.5% | +5.5% | +5.9% | +14.1% |
| Jan 30, 2025 | -5.6% | -2.8% | -5.2% | -4.7% | -6.1% |
| Oct 22, 2024 | -1.2% | -0.5% | -2.0% | -8.2% | -8.6% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $1.03 | $0.96 | +7.6% | $1.00B |
| Apr 30, 2026 | $0.85 | $0.94 | -9.8% | $945.6M |
| Jan 29, 2026 | $0.90 | $0.84 | +7.1% | $912.5M |
| Oct 28, 2025 | $0.94 | $0.91 | +3.6% | $942.5M |
| Jul 24, 2025 | $1.07 | $0.97 | +10.3% | $1.01B |
| Apr 29, 2025 | $0.95 | $0.91 | +4.3% | $963.9M |
| Jan 30, 2025 | $0.85 | $0.90 | -5.6% | $912.4M |
| Oct 22, 2024 | $0.82 | $0.83 | -1.2% | $902.6M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 15.9× | 20.8× | 0th | Top 9% |
| P/E (forward) | 15.3× | — | — | — |
| EV / EBITDA | 11.4× | — | — | Top 23% |
| EV / Sales | 2.20× | — | — | Bottom 48% |
| Free-cash-flow yield | 8.13% | — | — | Top 14% |
| Earnings yield | 6.30% | — | — | Top 9% |
P/E over the past five years
Range 16.4× – 45.6× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -22.5%
- Earnings per share growth (TTM)
- +0.0%
- Change in P/E multiple
- -19.1%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -2.0%
- 200-day average slope (20 days)
- -1.4%
- Distance from 50-day average
- -5.2%
- Distance from 200-day average
- -11.4%
- RSI (14)
- 41.5
- Relative volume
- 0.97×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 27.5%
- Volatility vs own 5-year history
- 55th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.61
- Correlation with S&P 500
- 0.40
- Current drawdown from 1-year high
- -29.2%
- Maximum drawdown, 3 years
- -39.4%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Dec 31, 2021 | Sep 30, 2022 | -43.4% | 188 days | 359 days (Mar 7, 2024) |
| Jul 16, 2024 | Jun 1, 2026 | -39.4% | 470 days | Not yet recovered |
| Sep 2, 2021 | Sep 30, 2021 | -17.2% | 19 days | 22 days (Nov 1, 2021) |
| Mar 21, 2024 | Jul 1, 2024 | -10.8% | 69 days | 10 days (Jul 16, 2024) |
| Oct 9, 2020 | Oct 28, 2020 | -10.0% | 13 days | 18 days (Nov 23, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $7.86B
- P/E (TTM)
- 15.9
- EPS, diluted (TTM)
- $3.59
- Revenue (TTM)
- $3.80B
- Dividend yield
- 2.53%
- 52-week range
- $54.16 – $81.86
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.54B | $3.75B | $3.85B | $3.82B | $3.83B |
| Gross profit | $1.31B | $1.33B | $1.48B | $1.46B | $1.49B |
| Operating income | $609.5M | $658.7M | $757.4M | $716.8M | $728.0M |
| Net income | $487.1M | $235.7M | $556.6M | $533.6M | $546.2M |
| EPS (diluted) | $3.02 | $1.51 | $3.69 | $3.63 | $3.86 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $902.6M | $912.4M | $963.9M | $1.01B | $942.5M | $912.5M | $945.6M | $1.00B |
| Net income | $120.1M | $109.7M | $136.6M | $152.2M | $132.0M | $125.4M | $118.0M | $124.9M |
| EPS (diluted) | $0.82 | $0.75 | $0.95 | $1.07 | $0.94 | $0.90 | $0.85 | $0.90 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $641.1M | $391.4M | $670.3M | $581.8M | $616.8M |
| Capital expenditure | -$75.1M | -$70.3M | -$72.6M | -$108.0M | -$70.8M |
| Free cash flow | $566.0M | $321.1M | $597.7M | $473.8M | $546.0M |
| Dividends paid | -$170.1M | -$177.2M | -$183.5M | -$190.4M | -$195.7M |
| Net share buybacks | -$366.5M | -$403.5M | -$306.5M | -$305.8M | -$399.8M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $181.3M
- Total assets
- $3.64B
- Total liabilities
- $1.80B
- Total debt
- $676.7M
- Net debt
- $495.4M
- Shareholders’ equity
- $1.84B
As of Jun 30, 2026 (filed Jul 30, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Jul 31, 2026 | $0.36 | Aug 17, 2026 |
| Apr 30, 2026 | $0.36 | May 15, 2026 |
| Jan 30, 2026 | $0.36 | Feb 17, 2026 |
| Oct 31, 2025 | $0.36 | Nov 17, 2025 |
| Jul 31, 2025 | $0.34 | Aug 15, 2025 |
| Apr 30, 2025 | $0.34 | May 15, 2025 |
| Jan 31, 2025 | $0.34 | Feb 18, 2025 |
| Oct 31, 2024 | $0.34 | Nov 15, 2024 |
Short interest
- Shares sold short
- 10,608,536
- Days to cover
- 8.33
- Change vs previous report
- +1.2%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Oct 6, 2016
- 2-for-1
- May 16, 2013
- 2-for-1
- Nov 16, 2010
- 3-for-2
- Aug 18, 1998
- 3-for-2
- Aug 17, 1993
- 2-for-1