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FCF Margin for A. O. Smith (AOS)

As of · Reported

Metric

TTM

17.0%

YoY change

+1.85pp

Trough year (1997)

-10.4%

Peak year (1996)

20.0%

FCF Margin history chart for A. O. Smith (AOS) from 1989 to 2025

Latest: 14.3%

FCF Margin change chart for A. O. Smith (AOS) from 1989 to 2025

Latest: +1.85pp

FCF Margin history table for A. O. Smith (AOS) from 1989 to 2025

  • 202514.3%+1.85pp
  • 202412.4%-3.10pp
  • 202315.5%+6.96pp
  • 20228.6%-7.44pp
  • 202116.0%-1.46pp
  • 202017.5%+4.36pp
  • 201913.1%+1.68pp
  • 201811.4%+3.66pp
  • 20177.7%-5.87pp
  • 201613.6%+2.91pp
  • 201510.7%+3.16pp
  • 20147.5%-0.90pp
  • 20138.4%+4.63pp
  • 20123.8%+3.72pp
  • 20110.1%-4.70pp
  • 20104.8%-10.53pp
  • 200915.3%+13.56pp
  • 20081.8%-3.39pp
  • 20075.2%+1.76pp
  • 20063.4%-4.67pp
  • 20058.1%+6.96pp
  • 20041.1%—
  • 20024.9%+3.69pp
  • 20011.3%-2.45pp
  • 20003.7%+2.29pp
  • 19991.4%-4.43pp
  • 19985.8%+16.28pp
  • 1997-10.4%-30.44pp
  • 199620.0%+16.49pp
  • 19953.5%-3.17pp
  • 19946.7%+1.61pp
  • 19935.1%+3.09pp
  • 19922.0%+2.02pp
  • 1991-0.0%-0.71pp
  • 19900.7%+0.91pp
  • 1989-0.2%—

FCF Margin values are taken from A. O. Smith's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About FCF Margin at A. O. Smith (AOS)

According to A. O. Smith's latest reported financial statements, the company's latest reported free cash flow margin is 17.0%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

A. O. Smith (AOS) most recent annual free cash flow margin stands at 14.26% (2025) – expanded 1.8 percentage points year-over-year.

The highest annual free cash flow margin of 20.00% was reported in 1996. The lowest in the available history was -10.43% in 1997.

A. O. Smith FCF Margin by Year

A. O. Smith FCF Margin 2025: 14.3%

A. O. Smith free cash flow margin in 2025 was 14.26%, expanded 1.8 percentage points from 2024.

A. O. Smith FCF Margin 2024: 12.4%

2024's free cash flow margin for A. O. Smith came in at 12.41%, contracted 3.1 percentage points from 2023.

A. O. Smith FCF Margin 2023: 15.5%

A. O. Smith posted free cash flow margin of 15.51% in 2023, expanded 7.0 percentage points from 2022.

A. O. Smith FCF Margin 2022: 8.6%

In 2022, A. O. Smith reported free cash flow margin of 8.55%, contracted 7.4 percentage points from 2021.

A. O. Smith FCF Margin 2021: 16.0%

A. O. Smith free cash flow margin in 2021 was 15.99%.

See more financial history for A. O. Smith (AOS).

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