NYSE: AOS
A. O. Smith Corporation
Industrials · Industrial - Machinery
Market Cap
$8.34B
52w High
$81.87
52w Low
$54.16
P/E
15.75
Volume
281.70K
Outstanding Shares
139.71M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 5.37% over the last year. Revenue grew 0.23% over the trailing twelve months. Operating margin moved from 18.57% to 18.55%. Free cash flow grew 59.25% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 18.55%. A decisive move in revenue — currently up 0.23% — would be the clearest signal to resolve the ambiguity.
Company profile
A.
Valuation
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 2 shares became 3
Every 2 shares became 3
Every 1 shares became 2
Profitability & growth
Analyst consensus
10
Buy
18
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 23, 2026
Q3 FY26 · EPS est $0.99 · Revenue est $996.31M
View
Dividends
$1.42/shareQuarterlyDividend Achiever · 12yrSafeAOS pays a dividend with a 2.38% dividend yield, 12 consecutive years of growth, growing at 6.84% annually, covered 2.8× by free cash flow.
Dividend Yield
2.38%
Annual Div / Share
$1.42
5yr CAGR
+6.84%
Doubles every ~10.5yr
Payout Ratio
37.28%
Safe
Dividend Growth Rate
3yr CAGR
+6.37%
5yr CAGR
+6.84%
10yr CAGR
+12.69%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$2/mo
In 5 yrs
$3/mo
In 10 yrs
$4/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$24/yr $2/mo | $33/yr+39% $3/mo | $46/yr+94% $4/mo |
Yield-on-cost grows from 2.38% → 4.61% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
AOS has raised its dividend for 12 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 2.8× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 6.84% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.