Question 1

What is A. O. Smith's P/E ratio?

Accepted Answer

A. O. Smith (AOS) P/E ratio is 15.1× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for A. O. Smith?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For A. O. Smith specifically, the relevant sector benchmark is the current sector median of 27.8×.

Question 5

Is A. O. Smith's P/E ratio high or low?

Accepted Answer

A. O. Smith's P/E ratio of 15.1× is below its own 5-year average of 23.8× and below the sector median of 27.8×. That places the current reading at the 2th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is A. O. Smith's historical P/E ratio range?

Accepted Answer

In the available daily series, A. O. Smith (AOS) P/E ratio has ranged from a low of 4.8× in 2011 to a high of 47.9× in 2023. The 5-year average is 23.8× and the 5-year median is 20.6×.

Question 7

What was A. O. Smith's P/E ratio in 2025?

Accepted Answer

A. O. Smith (AOS) P/E ratio at the end of 2025 was 17.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does A. O. Smith's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$9.36B	$546.20M	17.1×	-1.5×	Dec 31, 2025
2024	$9.94B	$533.60M	18.6×	-3.2×	Dec 31, 2024
2023	$12.16B	$556.60M	21.9×	-14.9×	Dec 31, 2023
2022	$8.65B	$235.70M	36.7×	+8.9×	Dec 31, 2022
2021	$13.53B	$487.10M	27.8×	+2.1×	Dec 31, 2021
2020	$8.87B	$344.90M	25.7×	+4.8×	Dec 31, 2020
2019	$7.74B	$370.00M	20.9×	+4.7×	Dec 31, 2019
2018	$7.18B	$444.20M	16.2×	-19.3×	Dec 31, 2018
2017	$10.52B	$296.50M	35.5×	+10.3×	Dec 31, 2017
2016	$8.21B	$326.50M	25.2×	+1.3×	Dec 31, 2016
2015	$6.74B	$282.90M	23.8×	-0.5×	Dec 31, 2015
2014	$5.04B	$207.80M	24.3×	-4.7×	Dec 31, 2014
2013	$4.92B	$169.70M	29.0×	+10.6×	Dec 31, 2013
2012	$2.92B	$158.80M	18.4×	+12.3×	Dec 31, 2012
2011	$1.84B	$305.70M	6.0×	-9.6×	Dec 31, 2011
2010	$1.74B	$111.70M	15.6×	-0.7×	Dec 31, 2010
2009	$1.32B	$81.30M	16.3×	+1.3×	Dec 31, 2009
2008	$890.71M	$59.50M	15.0×	+3.0×	Dec 31, 2008
2007	$1.05B	$88.20M	11.9×	-3.1×	Dec 31, 2007
2006	$1.15B	$76.50M	15.0×	-7.8×	Dec 31, 2006
2005	$1.06B	$46.50M	22.9×	-1.9×	Dec 31, 2005
2004	$880.49M	$35.50M	24.8×	—	Dec 31, 2004
2003	—	$52.11M	—	—	Dec 31, 2003
2002	$781.44M	$51.34M	15.2×	-16.7×	Dec 31, 2002
2001	$462.66M	$14.50M	31.9×	—	Dec 31, 2001


Pentair (PNR)	21.1×
Lennox International (LII)	20.6×
Paychex (PAYX)	20.6×
Copart (CPRT)	20.4×
Otis Worldwide (OTIS)	20.2×
Union Pacific (UNP)	19.9×
Allegion (ALLE)	19.7×
Alamo Group (ALG)	19.6×
Carlisle Companies (CSL)	18.8×
Automatic Data Processing (ADP)	18.8×
Snap-on (SNA)	18.5×
Brady (BRC)	18.5×
Canadian National Railway (CNI)	18.4×
United Rentals (URI)	18.4×
Pool (POOL)	18.1×
McGrath RentCorp (MGRC)	17.5×
FedEx (FDX)	16.9×
Textron (TXT)	16.6×
United Parcel Service (UPS)	15.9×
ABM Industries (ABM)	15.2×
Gartner (IT)	14.9×
AGCO (AGCO)	10.9×
Delta Air Lines (DAL)	9.7×
United Airlines Holdings (UAL)	8.2×
Versant Media Group, Inc. Class A (VSNT)	6.3×

P/E Ratio for A. O. Smith (AOS)

P/E Ratio daily chart for A. O. Smith (AOS)

Historical P/E Ratio for A. O. Smith (AOS) from 2001 to 2025

About P/E Ratio at A. O. Smith (AOS)

A. O. Smith P/E Ratio by Year

A. O. Smith P/E Ratio 2025: 17.1×

A. O. Smith P/E Ratio 2024: 18.6×

A. O. Smith P/E Ratio 2023: 21.9×

A. O. Smith P/E Ratio 2022: 36.7×

A. O. Smith P/E Ratio 2021: 27.8×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

A. O. Smith (AOS) Key Financials

P/E Ratio daily chart for A. O. Smith (AOS)

Historical P/E Ratio for A. O. Smith (AOS) from 2001 to 2025

About P/E Ratio at A. O. Smith (AOS)

A. O. Smith P/E Ratio by Year

A. O. Smith P/E Ratio 2025: 17.1×

A. O. Smith P/E Ratio 2024: 18.6×

A. O. Smith P/E Ratio 2023: 21.9×

A. O. Smith P/E Ratio 2022: 36.7×

A. O. Smith P/E Ratio 2021: 27.8×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is A. O. Smith's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for A. O. Smith?

+Is A. O. Smith's P/E ratio high or low?

+What is A. O. Smith's historical P/E ratio range?

+What was A. O. Smith's P/E ratio in 2025?

+Why does A. O. Smith's P/E ratio change over time?

A. O. Smith (AOS) Key Financials