)
Visual
earnings real time
A. O. Smith
A. O. Smith (AOS) investor relations material
A. O. Smith Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary29 Jan, 2026
Executive summary
Achieved record diluted EPS of $3.85 in 2025, up 6% year-over-year, driven by profitability improvements and margin expansion in both North America and Rest of World segments, with net earnings up 2% to $546.2 million on $3.8 billion in sales.
Fourth quarter 2025 net sales were flat at $913 million, while adjusted EPS rose 6% to $0.90, reflecting strong pricing actions and cost management.
Strategic focus remains on portfolio management, innovation, and operational excellence, with growth platforms in boilers, water treatment, and India positioned for 2026.
Closed the Leonard Valve acquisition in January 2026, expanding the water management platform.
Financial highlights
2025 sales: $3.8 billion, with adjusted EPS of $3.85, up from $3.63 in 2024; net earnings (GAAP) were $546.2 million.
Free cash flow reached $546 million, up from $474 million in 2024, representing 100% of net earnings.
Returned $597 million to shareholders via dividends and share repurchases; 5.9 million shares repurchased in 2025.
North America segment margin: 24.4%, up 20 basis points; Rest of World margin: 8.7%, up 40 basis points.
Cash and marketable securities at year-end: $193 million; net cash position: $38 million; leverage ratio: 7.7%.
Outlook and guidance
2026 EPS guidance: $3.85–$4.15, with sales expected to increase 2%–5% to $3.9–$4.02 billion.
Free cash flow projected at $525–$575 million; capital expenditures expected at $70–$100 million.
North America segment margin expected at 24%–24.5%; Rest of World at 8%–10%.
Leonard Valve projected to contribute $70 million in 2026 sales.
Share repurchases projected at $200 million for 2026; projected 2026 diluted shares: 138 million.
China business assessment timeline
Tariff mitigation strategies for 2026
Acquisition focus beyond water heating
Water treatment margin path to NA segment average?
China H2 growth confidence drivers?
Wholesale residential channel competitive intensity?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- ACE
Higher margins and PAT in Q3 FY26 despite flat revenue and lower sales volumes. - GODREJAGRO
Q3 FY26 revenue reached ₹2,718.32 crore with 33.9% adjusted PAT growth and strong segment gains. - QBY
Profitability returns in 2025, driven by sector focus, AI, and international expansion. - NAZARA
EBITDA and margins rose on IP focus, but regulatory changes led to major impairment losses. - HAPPYFORGE
Stable to growing financials, strong margins, and disciplined IPO fund use with no audit concerns. - RBA
Q3 revenue rose 16.5% in India; Inspira Global to acquire a controlling stake and infuse capital. - 6674
Profits and dividends revised upward on strong battery sales and improved margins. - BOROUGE
$1.1B net profit, 37% EBITDA margin, record sales, and major restructuring drive future growth. - 8059
Record Q3 profits and strong segment growth support an upwardly revised full-year outlook. - 7011
Strong order intake and profit growth drive upward revision of FY2025 forecasts and reflect key divestiture impact.
Next A. O. Smith earnings date
Q1 202628 Apr, 2026
A. O. Smith
Next A. O. Smith earnings date
Q1 202628 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
)
Frequently asked questions
A. O. Smith Corporation is a leading North American manufacturer of residential and commercial gas and electric water heaters, hot water storage tanks, boilers, water treatment products, and thermal energy solutions for residential and light commercial use. The company's non-gas business unit, Energy Solutions, markets several different tankless water heater models and a variety of other products including solar photovoltaic systems, flash steam generators, tankless hot water dispensers, pool heaters and pool water conditioning systems that use solar energy. A. O. Smith Corporation is based in Milwaukee, Wisconsin.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage