A.O. Smith Corp
Research A.O. Smith Corp (AOS) on Bullrun: valuation model: 26.6% undervalued, market cap USD 8.49B, P/E 17.3, dividend yield 2.4%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerAOS
- ExchangeNYSE
- CountryUnited States
- SectorIndustrials
- IndustrySpecialty Industrial Machinery
- CurrencyUSD
- Valuation signal26.6% undervalued
- Market capUSD 8.49B
- P/E17.3
- Dividend yield2.4%
- Financial periodQ2 2026
- RevenueUSD 1.00B
- Net incomeUSD 124.90M
- Free cash flowUSD 114.40M
- Gross margin38.6%
Valuation Snapshot
Bullrun's latest valuation model marks A.O. Smith Corp as 26.6% undervalued; latest market cap is USD 8.49B; P/E is 17.3; dividend yield is 2.4%.
Peer valuation comparison
Latest P/E is 17.33x versus a Industrials sector median of 20.76x (16.5% below).
Latest dividend yield is 2.38% versus a Industrials sector median of 2.39%.
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 3.83B | USD 546.20M | USD 546.00M | 38.8% | 3.85 | USD 174.50M | USD 155.00M | USD 1.86B |
| FY2024 | USD 3.82B | USD 533.60M | USD 473.80M | 38.1% | 3.63 | USD 239.60M | USD 193.20M | USD 1.88B |
| FY2023 | USD 3.85B | USD 556.60M | USD 597.70M | 38.5% | 3.69 | USD 339.90M | USD 127.30M | USD 1.84B |
| FY2022 | USD 3.75B | USD 235.70M | USD 321.10M | 35.4% | 1.51 | USD 391.20M | USD 344.50M | USD 1.75B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 8.49B | 17.3 | 2.3% | 1.44 |
| 2025 | 2025-12-31 | USD 9.27B | 17.4 | 2.1% | 1.38 |
| 2024 | 2024-12-31 | USD 9.84B | 18.8 | 1.9% | 1.3 |
| 2023 | 2023-12-29 | USD 12.26B | 41.8 | 1.5% | 1.22 |
| 2022 | 2022-12-30 | USD 8.74B | 18.2 | 2.0% | 1.14 |
| 2021 | 2021-12-31 | USD 13.53B | 28.4 | 1.2% | 1.06 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.44 USD, yield 2.4%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.38 USD |
| FY2024 | 1.3 USD |
| FY2023 | 1.22 USD |
| FY2022 | 1.14 USD |
About A.O. Smith Corp
A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India. The company offers water heaters for residences, restaurants, hotels, office buildings, laundries, car washes, and small businesses; boilers for hospitals, schools, hotels, homes, apartments, and condominiums, and other large commercial buildings;
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Frequently asked questions
Is A.O. Smith Corp overvalued or undervalued?
Bullrun's valuation model currently marks A.O. Smith Corp as 26.6% undervalued.
What is A.O. Smith Corp's market cap?
A.O. Smith Corp's market capitalization is USD 8.49B.
What is A.O. Smith Corp's P/E ratio?
A.O. Smith Corp's price-to-earnings (P/E) ratio is 17.3.
Does A.O. Smith Corp pay a dividend?
A.O. Smith Corp has a dividend yield of 2.4%.
What does A.O. Smith Corp do?
A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India.