A. O. Smith Corporation (AOS) Stock Price & Analysis
A. O. Smith Corporation (AOS) closed at USD 63.49 on Thursday, October 29, 2026, up 4.32% on the day. The US market is currently closed (after-hours); this is not a live price.
The prior close was USD 60.86; the Oct 29, 2026 session ranged USD 60.11–63.51 on volume of 3,163,324 shares. Market capitalization is $8.63B, with a 52-week range of USD 54.16–81.87 (NYQ). Source: Nexqual, retrieved October 29, 2026 at 22:50 UTC.
Also available as compact Markdown for AI agents: nexqual.com/AOS.md
Latest Earnings Results (AOS)
A. O. Smith Corporation (AOS) reported Q3 2026 results on Oct 29, 2026, 6:57:16 AM ET: GAAP EPS $0.93 vs. estimate $0.89 (beat), revenue $940.50M vs. estimate $960.23M (miss). Guidance: Full-year 2026 adjusted EPS excluding China is expected to be between $3.42 and $3.52. Source: SEC 8-K filing. Nexqual published it 65 seconds after release. Read the SEC filing. Full report with estimates: nexqual.com/earnings/2026-10-29/AOS.
| Fiscal period | EPS (reported) | Revenue | Released | Source |
|---|---|---|---|---|
| Q3 2026 | $0.93 (GAAP diluted) | $940.5M | Oct 29, 2026, 6:57:16 AM ET · on Nexqual +65 seconds | SEC 8-K filing |
Reported actuals captured by Nexqual from SEC 8-K filings and company press releases; each figure confirmed by two independent extraction methods.
Key facts (AOS)
- Last four reported quarters (through Jun 30, 2026): revenue $3.80B, net income $500M (13.1% margin), free cash flow $639M (SEC filings).
- Valuation: P/E 17.2x (avg 19.5x at the last 3 fiscal year-ends), EV/EBITDA 12.0x, net debt $456M.
- Analysts: Hold (mean 2.92 on a 1–5 scale) (13 analysts), mean target USD 66.2 (range 55–80).
- Total return with dividends: 1Y -2.7% vs S&P 500 +14.4%; 5Y -4.9% vs S&P 500 +79.1%.
- Next earnings: 2026-10-29, EPS estimate USD 0.94, revenue estimate $974M. All companies reporting that day: https://nexqual.com/earnings/2026-10-29
- Dividend: USD 1.52 a year (yield 2.50%), paid quarterly; next ex-dividend date 2026-10-30; annual dividends grew 6.6% a year 2022–2025.
- Short interest: 11.54% of float (as of 2026-10-15), 7.0 days to cover.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (AOS)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $3.54B | $3.75B | $3.85B | $3.82B | $3.83B | $3.80B |
| Gross profit | $1.31B | $1.33B | $1.48B | $1.46B | $1.49B | — |
| Operating income | $682M | $362M | $746M | $708M | $729M | $666M |
| Net income | $487M | $236M | $557M | $534M | $546M | $500M |
| EPS (diluted) | $3.02 | $1.51 | $3.69 | $3.63 | $3.85 | — |
| Free cash flow | $566M | $321M | $598M | $474M | $546M | $639M |
| Gross margin | 37.0% | 35.4% | 38.5% | 38.1% | 38.8% | — |
| Operating margin | 19.3% | 9.6% | 19.3% | 18.5% | 19.0% | 17.5% |
| Net margin | 13.8% | 6.3% | 14.4% | 14.0% | 14.3% | 13.1% |
| Revenue growth | +22.2% | +6.1% | +2.6% | -0.9% | +0.3% | — |
| Cash + short-term investments | $631M | $482M | $363M | $276M | $193M | — |
| Total debt | $197M | $345M | $127M | $193M | $155M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (AOS)
P/E 17.2x · P/S 2.3x · EV/EBITDA 12.0x · EV/Sales 2.4x · P/FCF 13.5x · P/B 4.7x · FCF yield 7.41% · Earnings yield 5.80% · Dividend yield (paid, TTM) 2.29% · Buyback yield (TTM) 3.61% · Net debt $456M · EV $9.09B
P/E at fiscal year-ends: Dec 2025 17.4x, Dec 2024 18.8x, Dec 2023 22.4x.
Analysts (AOS)
Consensus Hold (mean 2.92 on a 1–5 scale), 13 analysts; mean target USD 66.2 (low 55, high 80).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | Oppenheimer | Target lowered | Outperform | $75 → $72 |
| 2026-10-19 | Stifel | Downgrade | Buy → Hold | $70 → $59 |
| 2026-07-31 | Citigroup | Target lowered | Neutral | $65 → $64 |
| 2026-07-31 | Stifel | Target lowered | Buy | $76 → $70 |
| 2026-07-20 | Stifel | Target raised | Buy | $75 → $76 |
Total return (dividends reinvested) (AOS)
| 1Y (from 2025-10-30) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -2.7% | -4.9% |
| S&P 500 (SPY) | +14.4% | +79.1% |
| Per year | -2.7% | -1.0% |
| Volatility (annualized) | 27.4% | 25.9% |
| Max drawdown | -30.4% (Feb 2026→Oct 2026) | -42.7% (Dec 2021→Sep 2022) |
Dividends (AOS)
Annual dividend rate USD 1.52 per share, yield 2.50% at the current price. Paid over the last 12 months: USD 1.44 in 4 payments (quarterly).
Next ex-dividend date: Oct 30, 2026; payment date: Nov 16, 2026. To receive a dividend, shares must be owned before the ex-dividend date.
Latest change: raised 5.9% to USD 0.36 per payment from USD 0.34, starting with the Oct 31, 2025 ex-dividend date.
Payout ratio 40% of earnings · 5-year average yield 1.78% · annual dividends grew 6.6% a year from 2022 to 2025.
| Ex-dividend date | Amount per share |
|---|---|
| 2026-07-31 | USD 0.36 |
| 2026-04-30 | USD 0.36 |
| 2026-01-30 | USD 0.36 |
| 2025-10-31 | USD 0.36 |
| 2025-07-31 | USD 0.34 |
| 2025-04-30 | USD 0.34 |
| 2025-01-31 | USD 0.34 |
| 2024-10-31 | USD 0.34 |
Total by calendar year: 2022 USD 1.14 · 2023 USD 1.22 · 2024 USD 1.30 · 2025 USD 1.38.
Short interest (AOS)
10,985,132 shares sold short, 11.54% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 10,608,536 shares (+3.5%). Days to cover: 7.0 (short shares ÷ average daily volume).
AOS earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Sep 30, 2026 | $0.93 | $0.89 | Beat +4.5% | — |
| — | Quarter ended Jun 30, 2026 | $1.03 | $0.92 | Beat +12.0% | — |
| — | Quarter ended Mar 31, 2026 | $0.85 | $0.94 | Miss −9.6% | — |
| — | Quarter ended Dec 31, 2025 | $0.90 | $0.84 | Beat +7.1% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
AOS recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 29, 2026 | 10-Q | Quarterly report · period ended Sep 30, 2026 |
| Oct 29, 2026 | 8-K | Quarterly results |
| Oct 28, 2026 | 8-K | Regulation FD disclosure |
| Aug 7, 2026 | Schedule 13G/A | FMR LLC, Abigail P. Johnson: 10.7% of shares, passive 5%+ holder (amended) |
| Aug 6, 2026 | Schedule 13G/A | FMR LLC, Abigail P. Johnson: 9.3% of shares, passive 5%+ holder (amended) |
| Jul 30, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Jul 30, 2026 | 8-K | Quarterly results |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
AOS analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $0.94 | $0.99 | -4.3% | $974.2M | 11 |
| Next quarter (ends Mar 2027) | $0.93 | $0.97 | -3.9% | $990.1M | 4 |
| Current fiscal year (ends Dec 2026) | $3.72 | $3.76 | -1.0% | $3.89B | 12 |
| Next fiscal year (ends Dec 2027) | $4.03 | $4.16 | -3.1% | $4.03B | 12 |
Key Statistics (as of October 29, 2026 at 22:50 UTC)
| Price | USD 63.49 |
|---|---|
| Change | ▲ 4.32% (up) |
| Previous Close | USD 60.86 |
| Open | USD 59.98 |
| Day Range | USD 60.11 – 63.51 |
| 52-Week Range | USD 54.16 – 81.87 |
| Volume | 3,163,324 shares |
| Market Cap | $8.63B |
| Exchange | NYQ |
Technical Analysis (AOS)
Nexqual's technical model rates AOS "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 29, 2026 at 22:50 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 69.37 (neutral) |
| vs SMA50 | Above (USD 58.96) |
| MACD | 1.13 (positive) |
Analyst Ratings (AOS)
Wall Street analysts rate AOS "Hold" based on 13 analysts, with a mean price target of USD 66.2 (range USD 55–80), per Nexqual as of October 29, 2026 at 22:50 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 13 |
| Mean Target | USD 66.2 |
| High Target | USD 80 |
| Low Target | USD 55 |
| Buy / Hold / Sell | 3 / 8 / 2 |
Earnings (AOS)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 0.94 |
| Revenue Estimate | $974.23M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 0.93 vs est 0.89 ▲ beat |
| 2026-06-30 | USD 1.03 vs est 0.92 ▲ beat |
| 2026-03-31 | USD 0.85 vs est 0.94 ▼ miss |
| 2025-12-31 | USD 0.9 vs est 0.84 ▲ beat |
Source: Nexqual, October 29, 2026 at 22:50 UTC.
Financials & Fundamentals (AOS)
| Total Revenue | $3.80B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -0.70% |
| Gross Margin | +38.59% |
| Operating Margin | +18.93% |
| Profit Margin | +13.15% |
| ROE | +27.13% |
| Debt / Equity | 0.37 |
| Current Ratio | 1.59 |
| Total Cash | $181.30M |
| Total Debt | $677.20M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $639.40M (16.8% of revenue) |
Source: Nexqual, October 29, 2026 at 22:50 UTC.
Financial Health Score (AOS)
Nexqual rates A. O. Smith Corporation's overall financial health "Solid" across five dimensions, as of October 29, 2026 at 22:50 UTC.
| Growth | Mixed — Revenue +0.3% YoY (annual), slow |
|---|---|
| Profitability | Solid — Gross margin 39%, operating 18% (last 4 quarters to Jun 2026, SEC) |
| Balance Sheet | Solid — $181M cash and investments vs $638M debt (Jun 2026, SEC) |
| Cash Flow | Strong — FCF $639M (last 4 quarters to Jun 2026, SEC), 17% margin |
| Efficiency | Strong — ROE 27%, ROA 13.7% (last 4 quarters, SEC) |
Ownership (AOS)
| Insider Ownership | +0.46% |
|---|---|
| Institutional Ownership | +117.39% |
| Shares Outstanding | 110.05M |
| Float | 108.25M |
| Short % of Float | +11.54% |
Source: Nexqual, October 29, 2026 at 22:50 UTC.
Leadership (AOS)
A. O. Smith Corporation is led by Stephen M. Shafer, President, CEO & Chairman, per Nexqual as of October 29, 2026 at 22:50 UTC.
| President, CEO & Chairman | Stephen M. Shafer |
|---|---|
| Senior VP & CTO | Ming Cheng |
| Executive Director | Kevin J. Wheeler |
| Executive VP & CFO | Carrie L. Anderson |
| Senior Vice President of Human Resources & Public Affairs | Curtis E. Selby |
Major Backers & Investors (AOS)
Notable institutional backers of A. O. Smith Corporation include FMR, LLC, Invesco, American Century Companies Inc, according to Nexqual as of October 29, 2026 at 22:50 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 9.47% |
| Invesco | 5.03% |
| American Century Companies Inc | 4.29% |
| Impax Asset Management Group plc | 2.56% |
| ProShares Trust-ProShares S&P 500 Dividend Aristocrats ETF | 2.52% |
| Morgan Stanley | 2.47% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 13.03% |
| BlackRock | 7.32% |
| State Street | 5.98% |
| Geode Capital | 3.39% |
Source: Nexqual, October 29, 2026 at 22:50 UTC.
From A. O. Smith Corporation's Latest SEC 10-K Filing (filed 2026-02-10)
Key Strengths & Strategy (as disclosed to the SEC)
- We believe we are the largest manufacturer and marketer of water heaters in North America with a leading share in both the residential and commercial portions of the market.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
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|---|---|---|---|
| RRX | Regal Rexnord Corporation | USD 163.62 | ▲ 1.57% |
| GGG | Graco Inc. | USD 68.75 | ▲ 2.37% |
| WTS | Watts Water Technologies, Inc. | USD 350.89 | ▲ 2.34% |
| CR | Crane Company | USD 205.81 | ▲ 3.72% |
| GNRC | Generac Holdlings Inc. | USD 203.36 | ▲ 1% |
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 22:50 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt