The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

AOS

Concerning the House

A. O. Smith Corporation manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India. The company offers water heaters for residences, restaurants, hotels, office buildings, laundries, car washes, and small businesses; boilers for hospitals, schools, hotels, homes, apartments, and condominiums, and other large commercial buildings; and water treatment products comprising point-of-entry water softeners, well water solutions, and whole-home water filtration products, and point-of-use carbon and reverse osmosis products for residences, restaurants, hotels, and offices. It also provides commercial water treatment and filtration products; expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, and related products and parts; and electric wall-hung, gas tankless, combi-boiler, and heat pump and solar water heaters. The company offers its products under the A. O. Smith, State, Lochinvar, Hague, Water-Right, Master Water, Atlantic Filter, Impact, and Water Tec brands. It distributes its products through independent wholesale plumbing distributors, as well as to retail channels consisting of hardware and home center chains, and manufacturer representative firms, as well as offers Aquasana branded products directly to consumers through e-commerce channels; and A. O. Smith branded water treatment products through dealer network and Amazon. A. O. Smith Corporation was founded in 1874 and is headquartered in Milwaukee, Wisconsin.

United States · www.aosmith.com

The Long Run

FY 2010–2025 · 15 years

LineLatestCAGRTrend
Revenue$3.83B+7.2%
Gross profit$1.49B+10.4%
Operating income$728.60M+15.2%
Net income$533.60M+27.9%
Cash from ops$581.80M+6.3%
Quotation

$62.50

-0.09 (-0.1%)

52w hi$79.53
52w lo$55.44
Vol825.53K
As ofAug 13
The Verdict

Hold

Our score -0.23

Short-0.29
Medium-0.23
Long-0.09

computed 2026-08-13

By the Numbers

A. O. Smith Corporation

Industrials · Specialty Industrial Machinery

Market cap$8.49B
Enterprise value$9.00B
Trailing P/E17.41x
Forward P/E15.26x
EV / EBITDA11.49x
P / S (ttm)2.23x
Profit margin13.1%
Return on equity27.1%
Revenue growth-0.7%
Earnings growth-15.0%
Debt / equity36.77
Risk Metrics
Beta vs SPX0.65
Corr SPX0.41
Annual vol25.7%
Annual ret-9.3%
Sharpe-0.36
Max DD-38.4%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.20
Sector+0.07
Technical-0.15
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$62.95$63.17$61.98$62.50825.53K
Aug 12$63.56$63.56$62.01$62.591.26M
Aug 11$62.51$63.94$62.46$63.671.39M
Aug 10$63.61$63.70$62.16$62.411.23M
Aug 7$63.00$64.32$62.59$63.981.28M