Operating Income for A. O. Smith (AOS)
According to A. O. Smith's latest reported financial statements, the company's current operating income (TTM) is $728.00M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
AOS
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$728.00M
YoY change
+1.6%
5Y CAGR
+10.3%
Peak year (2023)
$757.40M
Cumulative operating income
$9.19B
Operating Income history chart for A. O. Smith (AOS) from 1985 to 2025
Operating Income history table for A. O. Smith (AOS) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $728.00M | +1.6% | ||
| 2024 | $716.80M | -5.4% | ||
| 2023 | $757.40M | +15.0% | ||
| 2022 | $658.70M | +8.1% | ||
| 2021 | $609.50M | +36.6% | ||
| 2020 | $446.20M | -4.4% | ||
| 2019 | $466.80M | -15.4% | ||
| 2018 | $551.70M | +6.0% | ||
| 2017 | $520.50M | +13.1% | ||
| 2016 | $460.40M | +15.4% | ||
| 2015 | $399.10M | +39.0% | ||
| 2014 | $287.20M | +15.2% | ||
| 2013 | $249.30M | +23.7% | ||
| 2012 | $201.50M | +44.1% | ||
| 2011 | $139.80M | +144.8% | ||
| 2010 | $57.10M | -36.3% | ||
| 2009 | $89.60M | -36.0% | ||
| 2008 | $140.10M | -6.8% | ||
| 2007 | $150.40M | +7.5% | ||
| 2006 | $139.90M | +39.6% | ||
| 2005 | $100.20M | +61.1% | ||
| 2004 | $62.20M | -32.6% | ||
| 2003 | $92.30M | -1.1% | ||
| 2002 | $93.31M | +88.0% | ||
| 2001 | $49.64M | -43.3% | ||
| 2000 | $87.50M | -9.1% | ||
| 1999 | $96.30M | +19.8% | ||
| 1998 | $80.40M | +26.2% | ||
| 1997 | $63.71M | +6.9% | ||
| 1996 | $59.63M | -45.9% | ||
| 1995 | $110.16M | +7.4% | ||
| 1994 | $102.59M | +24.9% | ||
| 1993 | $82.13M | +44.1% | ||
| 1992 | $57.00M | +189.3% | ||
| 1991 | $19.70M | -63.2% | ||
| 1990 | $53.60M | +81.7% | ||
| 1989 | $29.50M | -30.9% | ||
| 1988 | $42.70M | +34.7% | ||
| 1987 | $31.70M | -38.0% | ||
| 1986 | $51.10M | -2.9% | ||
| 1985 | $52.60M | — |
Operating Income values are taken from A. O. Smith's reported income 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) operating income is $728.00M – edged up 1.6% year-over-year.
Looking at the 2020–2025 (5 years) stretch, A. O. Smith operating income compounded at +10.3% per year, with the latest reading among the more recent periods of the dataset.
Between 2023 and 2025, A. O. Smith operating income edged down 3.9%, falling from $757.40M to $728.00M.
The highest annual operating income of $757.40M was reported in 2023. The lowest in the available history was $19.70M in 1991.
A. O. Smith (AOS) sits 8th of 8 Industrials peers we track on this metric, against a peer median of $8.59B.
A. O. Smith Operating Income by Year
A. O. Smith Operating Income 2025: $728.00M
A. O. Smith operating income in 2025 was $728.00M, edged up 1.6% from 2024.
A. O. Smith Operating Income 2024: $716.80M
A. O. Smith operating income in 2024 was $716.80M, declined 5.4% below 2023.
A. O. Smith Operating Income 2023: $757.40M
A. O. Smith operating income in 2023 was $757.40M, grew 15.0% from 2022. This figure represents the highest annual value in the available history.
A. O. Smith Operating Income 2022: $658.70M
A. O. Smith operating income in 2022 was $658.70M, grew 8.1% from 2021.
A. O. Smith Operating Income 2021: $609.50M
A. O. Smith operating income in 2021 was $609.50M.
See more financial history for A. O. Smith (AOS).
Sector peers — Operating Income
Companies in the same sector as A. O. Smith, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Eaton Corporation plc (ETN) | $5.23B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
Frequently asked questions
What is A. O. Smith's operating income?
- Latest reported operating income for A. O. Smith (AOS) is $728.00M (period ending December 31, 2025).
How has A. O. Smith operating income changed year-over-year?
- A. O. Smith (AOS) operating income changed +1.6% year-over-year on the latest annual filing.
What is the long-term growth rate of A. O. Smith operating income?
- A. O. Smith (AOS) operating income compound annual growth rate is +10.3% over the most recent 5 years available.
When did A. O. Smith operating income hit its highest annual value?
- A. O. Smith operating income reached its highest annual value of $757.40M in 2023.
What was A. O. Smith operating income in 2024?
- A. O. Smith (AOS) operating income in 2024 was $716.80M.
What was A. O. Smith operating income in 2025?
- A. O. Smith (AOS) operating income in 2025 was $728.00M.
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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