US · USD

AOS

Smith AO Corporation

$56.90-0.12% (-$0.07)
Day's range
$56.77 – $57.88
Day's volume
$63.6M
52-week range
$55.44 – $79.53

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AOS in numbers

Market cap
$4.3B
P/E
8.61
P/B
2.34
Dividend yield (12m)
2.53%
Net debt/EBITDA
0.60

The 12-month dividend yield of AOS is 2.53%, above its 5-year average of 1.74%.

AOS price history

10/07/202510/06/2026
Compare with

AOS risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-12.31%-20.38%-21.25%
Volatility (annualized)26.22%23.03%27.65%
Largest drawdown-26.88%-34.59%-42.68%
Positive months5/1216/3627/60

How much did investing in AOS return?

$1,000.00 invested on 11/01/2021 would be worth $787.48 today.

Value today in AOS
$787.48
Return over the period
-21.25%
Return per year
-4.73%
In the S&P 500
$1,712.05

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

AOS fundamentals

Valuation

  • P/E8.61
  • P/B2.34
  • EV/EBITDA6.28
  • EV/EBIT7.15
  • EV/Revenue1.25
  • P/EBIT6.47
  • P/S1.13
  • P/OCF6.22
  • P/FCF—
  • Earnings yield13.98%
  • PEG ratio—
  • Earnings per share$6.61
  • Book value per share$24.32

Debt

  • Net debt$456.2M
  • Net debt/EBITDA0.60
  • Net debt/Equity0.25
  • Debt/Equity0.35
  • Current ratio1.59
  • Quick ratio1.04
  • Cash ratio0.21

Efficiency

  • Gross margin38.59%
  • EBITDA margin19.94%
  • Operating margin17.51%
  • Net margin13.15%
  • Asset turnover1.04

Profitability

  • ROE27.16%
  • ROA13.73%
  • ROIC22.49%
  • Payout21.80%

Growth

  • Revenue CAGR (5 years)3.37%
  • Earnings CAGR (5 years)2.54%
  • Revenue growth (year)—
  • Earnings growth (year)—
  • Revenue growth (quarter)—
  • Earnings growth (quarter)—

What is AOS's fair price?

Two classic value formulas, with today's numbers. The current price is $56.90.

Graham's fair price
$60.13
5.67% above the price

√(22.50 × $6.61 × $24.32)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
$20.33
64.26% below the price

$1.22 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

AOS's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator20252024202320222021202020192018
Dividend yield2.06%1.91%1.48%1.99%1.23%1.79%1.89%1.78%
ROE29.40%28.33%30.18%13.49%26.59%18.66%22.20%25.87%
ROIC30.58%29.92%35.17%22.48%38.00%30.74%29.63%37.77%
Gross margin38.83%38.14%38.54%35.42%37.04%38.28%39.45%40.95%
EBITDA margin21.24%20.60%21.38%11.69%21.47%20.14%20.30%21.50%
Net margin14.26%13.98%14.45%6.28%13.76%11.91%12.36%13.93%
Net debt/EBITDA-0.05-0.11-0.29-0.31-0.57-0.99-0.44-0.62

AOS's financial statements

Line202520242023202220212020
Net revenue$3.8B$3.8B$3.9B$3.8B$3.5B$2.9B
Cost of revenue-$2.3B-$2.4B-$2.4B-$2.4B-$2.2B-$1.8B
Gross profit$1.5B$1.5B$1.5B$1.3B$1.3B$1.1B
EBITDA$813.7M$786.5M$823.8M$438.9M$759.9M$583.2M
EBIT$728.6M$707.7M$745.5M$362M$682M$503.2M
Financial result——————
Income before tax$715.1M$701M$733.5M$223.7M$625.6M$443.9M
Income tax-$168.9M-$167.4M-$176.9M$12M-$138.5M-$99M
Net income$546.2M$533.6M$556.6M$235.7M$487.1M$344.9M

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does AOS pay dividends?

Dividend yield per year

  • 0.91%2017
  • 1.78%2018
  • 1.89%2019
  • 1.79%2020
  • 1.23%2021
  • 1.99%2022
  • 1.48%2023
  • 1.91%2024
  • 2.06%2025
  • 1.90%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend07/30/202608/17/2026$0.36
Dividend04/29/202605/15/2026$0.36
Dividend01/29/202602/17/2026$0.36
Dividend10/30/202511/17/2025$0.36
Dividend07/30/202508/15/2025$0.34
Dividend04/29/202505/15/2025$0.34
Dividend01/30/202502/18/2025$0.34
Dividend10/30/202411/15/2024$0.34
Dividend07/30/202408/15/2024$0.32
Dividend04/26/202405/15/2024$0.32
Dividend01/29/202402/15/2024$0.32
Dividend10/27/202311/15/2023$0.32
See all 40 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend07/27/202308/15/2023$0.30
Dividend04/26/202305/15/2023$0.30
Dividend01/27/202302/15/2023$0.30
Dividend10/27/202211/15/2022$0.30
Dividend07/27/202208/15/2022$0.28
Dividend04/27/202205/16/2022$0.28
Dividend01/27/202202/15/2022$0.28
Dividend10/27/202111/15/2021$0.28
Dividend07/28/202108/16/2021$0.26
Dividend04/28/202105/17/2021$0.26
Dividend01/27/202102/16/2021$0.26
Dividend10/28/202011/16/2020$0.26
Dividend07/29/202008/17/2020$0.24
Dividend04/28/202005/15/2020$0.24
Dividend01/29/202002/18/2020$0.24
Dividend10/29/201911/15/2019$0.24
Dividend07/29/201908/15/2019$0.22
Dividend04/26/201905/15/2019$0.22
Dividend01/29/201902/15/2019$0.22
Dividend10/29/201811/15/2018$0.22
Dividend07/27/201808/15/2018$0.18
Dividend04/26/201805/15/2018$0.18
Dividend01/29/201802/15/2018$0.18
Dividend10/27/201711/15/2017$0.14
Dividend07/26/201708/15/2017$0.14
Dividend04/25/201705/15/2017$0.14
Dividend01/26/201702/15/2017$0.14
Dividend10/26/201611/15/2016$0.12

About Smith Ao

Sector
Manufacturing

Questions about AOS

How much is AOS today?

AOS is at $56.90 (-0.12% on the day), last traded on 10/06/2026.

How much did AOS pay in dividends in 2025?

AOS paid $1.38 per share in 2025, a dividend yield of 2.06%.

What are the P/E and P/B of AOS?

AOS trades at a P/E of 8.61 and a P/B of 2.34.

How much did AOS return in 12 months?

AOS returned -12.31% in 12 months, with annualized volatility of 26.22% and a largest drawdown of -26.88%.