AOS Profit Margins - SMITH A O CORP

Complete source-backed margin history.

Historical Profit Margins

Date	Gross margin	Operating margin	Net margin
2026-06-30	38.61%	16.54%	12.44%
2026-03-31	38.67%	17.11%	12.48%
2025-12-31	38.40%	17.86%	13.74%
2025-09-30	38.67%	18.61%	14.01%
2025-06-30	39.27%	20.39%	15.05%
2025-03-31	38.95%	19.09%	14.17%
2024-12-31	37.06%	16.17%	12.02%
2024-09-30	37.37%	17.52%	13.31%
2024-06-30	38.66%	20.35%	15.25%
2024-03-31	39.30%	19.79%	15.08%
2023-12-31	37.43%	13.26%	13.90%
2023-09-30	37.99%	20.61%	14.44%
2023-06-30	40.04%	23.67%	16.34%
2023-03-31	38.71%	20.06%	13.13%
2022-12-31	37.24%	-16.68%	-12.83%
2022-09-30	34.89%	18.71%	12.56%
2022-06-30	34.62%	18.43%	13.07%
2022-03-31	34.94%	18.05%	12.25%
2021-12-31	36.22%	19.82%	14.02%
2021-09-30	37.21%	19.52%	14.39%
2021-06-30	37.38%	19.07%	13.75%
2021-03-31	37.53%	18.49%	12.70%
2020-12-31	38.84%	20.28%	14.38%
2020-09-30	39.09%	19.71%	13.87%
2020-06-30	37.28%	14.96%	10.21%
2020-03-31	37.60%	13.33%	8.12%
2019-12-31	39.29%	17.30%	12.16%
2019-09-30	39.03%	17.26%	11.99%
2019-06-30	40.33%	18.97%	13.34%
2019-03-31	39.13%	17.15%	11.94%
2018-12-31	41.48%	20.57%	15.54%
2018-09-30	40.58%	19.19%	13.87%
2018-06-30	40.92%	19.15%	13.74%
2018-03-31	40.80%	18.02%	12.54%
2017-12-31	41.93%	20.26%	2.95%
2017-09-30	40.67%	19.20%	12.49%
2017-06-30	41.21%	19.18%	12.52%

Date	Gross margin	Operating margin	Net margin
2025-12-31	38.83%	19.02%	14.26%
2024-12-31	38.14%	18.54%	13.98%
2023-12-31	38.54%	19.35%	14.45%
2022-12-31	35.42%	9.64%	6.28%
2021-12-31	37.04%	19.27%	13.76%
2020-12-31	38.28%	17.38%	11.91%
2019-12-31	39.45%	17.68%	12.36%
2018-12-31	40.95%	19.24%	13.93%
2017-12-31	41.13%	19.28%	9.89%
2016-12-31	41.48%	19.17%	12.16%