Free Cash Flow for A. O. Smith (AOS)
Free Cash Flow for A. O. Smith (AOS): headline value $546.00M · YoY +15.2%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

AOS
Currently viewingFree Cash FlowSwitch metric
Latest period
$546.00M
YoY change
+15.2%
5Y CAGR
+1.6%
Peak year (2023)
$597.70M
Latest annual
$546.00M
Free Cash Flow history chart for A. O. Smith (AOS) from 1989 to 2025
Free Cash Flow history table for A. O. Smith (AOS) from 1989 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $546.00M | +15.2% | ||
| 2024 | $473.80M | -20.7% | ||
| 2023 | $597.70M | +86.1% | ||
| 2022 | $321.10M | -43.3% | ||
| 2021 | $566.00M | +12.0% | ||
| 2020 | $505.30M | +29.0% | ||
| 2019 | $391.80M | +7.7% | ||
| 2018 | $363.70M | +56.6% | ||
| 2017 | $232.20M | -36.5% | ||
| 2016 | $365.90M | +34.7% | ||
| 2015 | $271.70M | +52.8% | ||
| 2014 | $177.80M | -2.3% | ||
| 2013 | $181.90M | +146.1% | ||
| 2012 | $73.90M | +4826.7% | ||
| 2011 | $1.50M | -97.9% | ||
| 2010 | $71.30M | -66.1% | ||
| 2009 | $210.60M | +420.0% | ||
| 2008 | $40.50M | -66.0% | ||
| 2007 | $119.10M | +62.7% | ||
| 2006 | $73.20M | -46.2% | ||
| 2005 | $136.10M | +647.8% | ||
| 2004 | $18.20M | -192.4% | ||
| 2003 | -$19.70M | -127.1% | ||
| 2002 | $72.69M | +401.0% | ||
| 2001 | $14.51M | -68.6% | ||
| 2000 | $46.25M | +204.2% | ||
| 1999 | $15.20M | -67.5% | ||
| 1998 | $46.81M | -166.1% | ||
| 1997 | -$70.77M | -145.3% | ||
| 1996 | $156.27M | +537.5% | ||
| 1995 | $24.52M | -43.4% | ||
| 1994 | $43.34M | -28.5% | ||
| 1993 | $60.65M | +191.6% | ||
| 1992 | $20.80M | -7033.3% | ||
| 1991 | -$300,000 | -104.8% | ||
| 1990 | $6.30M | -373.9% | ||
| 1989 | -$2.30M | — |
Free Cash Flow 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
In 2025, A. O. Smith (AOS) free cash flow totalled $546.00M – grew 15.2% year-over-year.
Over 2020–2025 (5 years), A. O. Smith free cash flow expanded at a +1.6% compound annual rate, with the latest reading among the more recent periods of the dataset.
Between 2023 and 2025, A. O. Smith free cash flow declined 8.6%, falling from $597.70M to $546.00M.
The dataset's maximum free cash flow sits at $597.70M (2023); the minimum reading of -$70.77M dates to 1997.
Among 8 Industrials peers, A. O. Smith (AOS) ranks 8th; the peer median for free cash flow is $5.45B.
A. O. Smith Free Cash Flow by Year
A. O. Smith Free Cash Flow 2025: $546.00M
A. O. Smith free cash flow in 2025 was $546.00M, grew 15.2% from 2024.
A. O. Smith Free Cash Flow 2024: $473.80M
A. O. Smith free cash flow in 2024 was $473.80M, declined 20.7% below 2023.
A. O. Smith Free Cash Flow 2023: $597.70M
A. O. Smith free cash flow in 2023 was $597.70M, surged 86.1% from 2022. This figure represents the highest annual value in the available history.
A. O. Smith Free Cash Flow 2022: $321.10M
A. O. Smith free cash flow in 2022 was $321.10M, plunged 43.3% below 2021.
A. O. Smith Free Cash Flow 2021: $566.00M
A. O. Smith free cash flow in 2021 was $566.00M.
See more financial history for A. O. Smith (AOS).
Sector peers — Free Cash Flow
Companies in the same sector as A. O. Smith, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $10.27B | Industrials |
| RTX Corporation (RTX) | $7.94B | Industrials |
| GE Aerospace (GE) | $7.26B | Industrials |
| Union Pacific Corporation (UNP) | $5.50B | Industrials |
| Honeywell International Inc. (HON) | $5.39B | Industrials |
| Eaton Corporation plc (ETN) | $4.47B | Industrials |
| Deere & Company (DE) | $3.23B | Industrials |
| The Boeing Company (BA) | -$1.88B | Industrials |
Frequently asked questions
What is A. O. Smith's free cash flow?
Latest reported free cash flow for A. O. Smith (AOS) is $546.00M (period ending December 31, 2025).
How has A. O. Smith free cash flow changed year-over-year?
A. O. Smith (AOS) free cash flow changed +15.2% year-over-year on the latest annual filing.
What is the long-term growth rate of A. O. Smith free cash flow?
A. O. Smith (AOS) free cash flow compound annual growth rate is +1.6% over the most recent 5 years available.
When did A. O. Smith free cash flow hit its highest annual value?
A. O. Smith free cash flow reached its highest annual value of $597.70M in 2023.
What was A. O. Smith free cash flow in 2024?
A. O. Smith (AOS) free cash flow in 2024 was $473.80M.
What was A. O. Smith free cash flow in 2025?
A. O. Smith (AOS) free cash flow in 2025 was $546.00M.
Metrics overview
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