Capital Expenditures for A. O. Smith (AOS)
According to A. O. Smith's latest reported financial statements, the company's current capital expenditures (TTM) is $70.80M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
AOS
Currently viewingCapital ExpendituresSwitch metric
Latest period
$70.80M
YoY change
-34.4%
5Y CAGR
+4.5%
Peak year (2024)
$108.00M
Cumulative capital expenditures
$2.33B
CapEx history chart for A. O. Smith (AOS) from 1989 to 2025
CapEx history table for A. O. Smith (AOS) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $70.80M | -34.4% | ||
| 2024 | $108.00M | +48.8% | ||
| 2023 | $72.60M | +3.3% | ||
| 2022 | $70.30M | -6.4% | ||
| 2021 | $75.10M | +32.2% | ||
| 2020 | $56.80M | -11.8% | ||
| 2019 | $64.40M | -24.4% | ||
| 2018 | $85.20M | -9.6% | ||
| 2017 | $94.20M | +16.7% | ||
| 2016 | $80.70M | +11.0% | ||
| 2015 | $72.70M | -15.6% | ||
| 2014 | $86.10M | -11.9% | ||
| 2013 | $97.70M | +39.8% | ||
| 2012 | $69.90M | +30.7% | ||
| 2011 | $53.50M | 0.0% | ||
| 2010 | $53.50M | -6.1% | ||
| 2009 | $57.00M | -13.8% | ||
| 2008 | $66.10M | -7.4% | ||
| 2007 | $71.40M | +4.7% | ||
| 2006 | $68.20M | +34.8% | ||
| 2005 | $50.60M | +4.5% | ||
| 2004 | $48.40M | +7.8% | ||
| 2003 | $44.90M | +5.7% | ||
| 2002 | $42.47M | +20.3% | ||
| 2001 | $35.32M | -12.8% | ||
| 2000 | $40.52M | +23.5% | ||
| 1999 | $32.81M | +17.8% | ||
| 1998 | $27.85M | -38.0% | ||
| 1997 | $44.89M | +18.7% | ||
| 1996 | $37.80M | -58.5% | ||
| 1995 | $91.00M | +19.5% | ||
| 1994 | $76.13M | +39.2% | ||
| 1993 | $54.70M | +16.6% | ||
| 1992 | $46.90M | -19.1% | ||
| 1991 | $58.00M | -20.1% | ||
| 1990 | $72.60M | +38.3% | ||
| 1989 | $52.50M | — |
CapEx values are taken from A. O. Smith's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of A. O. Smith (AOS) capital expenditures is $70.80M – plunged 34.4% year-over-year.
Looking at the 2020–2025 (5 years) stretch, A. O. Smith capital expenditures compounded at +4.5% per year, with the latest reading among the more recent periods of the dataset.
A. O. Smith capital expenditures plunged from $108.00M in 2024 to $70.80M in 2025, a 34.4% drawdown.
2024 marks the peak capital expenditures at $108.00M, with the historical low of $27.85M recorded in 1998.
A. O. Smith (AOS) sits 8th of 8 Industrials peers we track on this metric, against a peer median of $2.05B.
A. O. Smith Capital Expenditures by Year
A. O. Smith Capital Expenditures 2025: $70.80M
A. O. Smith capital expenditures in 2025 was $70.80M, plunged 34.4% below 2024.
A. O. Smith Capital Expenditures 2024: $108.00M
A. O. Smith capital expenditures in 2024 was $108.00M, surged 48.8% from 2023. This figure represents the highest annual value in the available history.
A. O. Smith Capital Expenditures 2023: $72.60M
A. O. Smith capital expenditures in 2023 was $72.60M, edged up 3.3% from 2022.
A. O. Smith Capital Expenditures 2022: $70.30M
A. O. Smith capital expenditures in 2022 was $70.30M, declined 6.4% below 2021.
A. O. Smith Capital Expenditures 2021: $75.10M
A. O. Smith capital expenditures in 2021 was $75.10M.
See more financial history for A. O. Smith (AOS).
Sector peers — CapEx
Companies in the same sector as A. O. Smith, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Deere & Company (DE) | $4.23B | Industrials |
| Union Pacific Corporation (UNP) | $3.79B | Industrials |
| The Boeing Company (BA) | $2.94B | Industrials |
| RTX Corporation (RTX) | $2.63B | Industrials |
| Caterpillar Inc. (CAT) | $1.47B | Industrials |
| GE Aerospace (GE) | $1.27B | Industrials |
| Honeywell International Inc. (HON) | $986.00M | Industrials |
| Eaton Corporation plc (ETN) | $0 | Industrials |
Frequently asked questions
What is A. O. Smith's capital expenditures?
- Latest reported capital expenditures for A. O. Smith (AOS) is $70.80M (period ending December 31, 2025).
How has A. O. Smith capital expenditures changed year-over-year?
- A. O. Smith (AOS) capital expenditures changed -34.4% year-over-year on the latest annual filing.
What is the long-term growth rate of A. O. Smith capital expenditures?
- A. O. Smith (AOS) capital expenditures compound annual growth rate is +4.5% over the most recent 5 years available.
When did A. O. Smith capital expenditures hit its highest annual value?
- A. O. Smith capital expenditures reached its highest annual value of $108.00M in 2024.
What was A. O. Smith capital expenditures in 2024?
- A. O. Smith (AOS) capital expenditures in 2024 was $108.00M.
What was A. O. Smith capital expenditures in 2025?
- A. O. Smith (AOS) capital expenditures in 2025 was $70.80M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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