TTM
13.8%
YoY change
+0.28pp
Trough year (1992)
-1.7%
Peak year (1997)
22.7%
Latest annual
14.3%
Net Profit Margin history chart for A. O. Smith (AOS) from 1985 to 2025
Latest: 14.3%
Net Profit Margin change chart for A. O. Smith (AOS) from 1985 to 2025
Latest: +0.28pp
Net Profit Margin history table for A. O. Smith (AOS) from 1985 to 2025
| 2025 | 14.3% | +0.28pp | ||
| 2024 | 14.0% | -0.47pp | ||
| 2023 | 14.4% | +8.17pp | ||
| 2022 | 6.3% | -7.49pp | ||
| 2021 | 13.8% | +1.85pp | ||
| 2020 | 11.9% | -0.45pp | ||
| 2019 | 12.4% | -1.57pp | ||
| 2018 | 13.9% | +4.04pp | ||
| 2017 | 9.9% | -2.26pp | ||
| 2016 | 12.2% | +1.00pp | ||
| 2015 | 11.2% | +2.33pp | ||
| 2014 | 8.8% | +0.94pp | ||
| 2013 | 7.9% | -0.51pp | ||
| 2012 | 8.4% | -9.49pp | ||
| 2011 | 17.9% | +10.37pp | ||
| 2010 | 7.5% | +1.59pp | ||
| 2009 | 5.9% | +2.36pp | ||
| 2008 | 3.6% | -0.26pp | ||
| 2007 | 3.8% | +0.28pp | ||
| 2006 | 3.5% | +0.79pp | ||
| 2005 | 2.8% | +0.61pp | ||
| 2004 | 2.1% | -1.27pp | ||
| 2003 | 3.4% | -0.08pp | ||
| 2002 | 3.5% | +2.24pp | ||
| 2001 | 1.3% | -1.12pp | ||
| 2000 | 2.4% | -1.58pp | ||
| 1999 | 4.0% | -1.59pp | ||
| 1998 | 5.6% | -17.13pp | ||
| 1997 | 22.7% | +14.31pp | ||
| 1996 | 8.4% | -0.44pp | ||
| 1995 | 8.8% | -0.03pp | ||
| 1994 | 8.8% | +5.28pp | ||
| 1993 | 3.6% | +5.23pp | ||
| 1992 | -1.7% | -2.22pp | ||
| 1991 | 0.6% | -2.69pp | ||
| 1990 | 3.3% | +3.77pp | ||
| 1989 | -0.5% | -2.38pp | ||
| 1988 | 1.9% | +0.28pp | ||
| 1987 | 1.6% | -1.60pp | ||
| 1986 | 3.2% | +0.09pp | ||
| 1985 | 3.1% | — |
- 202514.3%+0.28pp
- 202414.0%-0.47pp
- 202314.4%+8.17pp
- 20226.3%-7.49pp
- 202113.8%+1.85pp
- 202011.9%-0.45pp
- 201912.4%-1.57pp
- 201813.9%+4.04pp
- 20179.9%-2.26pp
- 201612.2%+1.00pp
- 201511.2%+2.33pp
- 20148.8%+0.94pp
- 20137.9%-0.51pp
- 20128.4%-9.49pp
- 201117.9%+10.37pp
- 20107.5%+1.59pp
- 20095.9%+2.36pp
- 20083.6%-0.26pp
- 20073.8%+0.28pp
- 20063.5%+0.79pp
- 20052.8%+0.61pp
- 20042.1%-1.27pp
- 20033.4%-0.08pp
- 20023.5%+2.24pp
- 20011.3%-1.12pp
- 20002.4%-1.58pp
- 19994.0%-1.59pp
- 19985.6%-17.13pp
- 199722.7%+14.31pp
- 19968.4%-0.44pp
- 19958.8%-0.03pp
- 19948.8%+5.28pp
- 19933.6%+5.23pp
- 1992-1.7%-2.22pp
- 19910.6%-2.69pp
- 19903.3%+3.77pp
- 1989-0.5%-2.38pp
- 19881.9%+0.28pp
- 19871.6%-1.60pp
- 19863.2%+0.09pp
- 19853.1%—
Net Profit 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 Net Profit Margin at A. O. Smith (AOS)
According to A. O. Smith's latest reported financial statements, the company's latest reported net margin is 13.8%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
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 net margin stands at 14.26% (2025) – expanded 0.3 percentage points year-over-year.
The record annual net margin stands at 22.68%, reached in 1997; the historical low of -1.65% was recorded in 1992.
A. O. Smith Net Profit Margin by Year
A. O. Smith Net Profit Margin 2025: 14.3%
A. O. Smith net margin in 2025 was 14.26%, expanded 0.3 percentage points from 2024.
A. O. Smith Net Profit Margin 2024: 14.0%
2024's net margin for A. O. Smith came in at 13.98%, contracted 0.5 percentage points from 2023.
A. O. Smith Net Profit Margin 2023: 14.4%
A. O. Smith posted net margin of 14.45% in 2023, expanded 8.2 percentage points from 2022.
A. O. Smith Net Profit Margin 2022: 6.3%
In 2022, A. O. Smith reported net margin of 6.28%, contracted 7.5 percentage points from 2021.
A. O. Smith Net Profit Margin 2021: 13.8%
A. O. Smith net margin in 2021 was 13.76%.
See more financial history for A. O. Smith (AOS).
Sector peers by Net Profit Margin
Industrials peers of A. O. Smith (AOS), ranked by their latest net margin
| 29.2% | |
| 17.9% | |
| 14.0% | |
| 13.3% | |
| 11.2% | |
| 9.3% | |
| 8.0% | |
| 2.5% |
- 29.2%
- 17.9%
- 13.3%
- 8.0%
- 2.5%
Frequently asked questions
A. O. Smith (AOS) Key Financials
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