Smith A O (AOS) Debt Ratio (2009 - 2026)
Smith A O's Debt Ratio came in at 0.17 for Q2 2026, up 87.2% from 0.09 a year earlier and up 3.7% from the prior quarter.
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Analysis
Smith A O (AOS) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Smith A O's Debt Ratio was 0.05, down 17.3% from FY2024.
- Going back by year, Debt Ratio was 0.06 in FY2024 (+50.5%), 0.04 in FY2023 (-61.7%), 0.10 in FY2022 (+82.6%) and 0.06 in FY2021 (+58.1%).
- The Q2 2026 figure represents the highest quarterly Debt Ratio since Q4 2011.
- Year-over-year, Debt Ratio increased in six of the last eight quarters, with growth averaging 63.2%.
- The fastest year-over-year change in Debt Ratio over five years came in Q3 2022 (growth of 176.2%), and the weakest in Q1 2024 (a decline of 63.2%).
- Business Quant data shows AOS's Debt Ratio at 0.17 (Q1 2026), 0.05 (Q4 2025) and 0.06 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson Controls International | 95.62 Bn | 95.62 Bn | 2.71 Bn | - |
| 2 | Trane Technologies | 94.06 Bn | 88.78 Bn | 2.26 Bn | 0.19 |
| 3 | Comfort Systems Usa | 48.48 Bn | 42.44 Bn | 934.48 Mn | 0.01 |
| 4 | Carrier Global | 44.75 Bn | 39.06 Bn | 1.94 Bn | 0.32 |
| 5 | Otis Worldwide | 28.13 Bn | 28.13 Bn | - | - |
| 6 | Allegion | 15.84 Bn | 15.84 Bn | - | - |
| 7 | James Hardie Industries | 15.80 Bn | 14.87 Bn | 548.70 Mn | 0.32 |
| 8 | Masco | 15.53 Bn | 13.34 Bn | 720.00 Mn | 0.61 |
| 9 | Carlisle Companies | 14.66 Bn | 14.66 Bn | - | - |
| 10 | Smith A O | 8.44 Bn | 7.69 Bn | 387.80 Mn | 0.17 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.17 |
| Mar 31, 2026 | 0.17 |
| Dec 31, 2025 | 0.05 |
| Sep 30, 2025 | 0.06 |
| Jun 30, 2025 | 0.09 |
| Mar 31, 2025 | 0.08 |
| Dec 31, 2024 | 0.06 |
| Sep 30, 2024 | 0.04 |
| Jun 30, 2024 | 0.04 |
| Mar 31, 2024 | 0.04 |
| Dec 31, 2023 | 0.04 |
| Sep 30, 2023 | 0.04 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.10 |
| Dec 31, 2022 | 0.10 |
| Sep 30, 2022 | 0.09 |
| Jun 30, 2022 | 0.09 |
| Mar 31, 2022 | 0.09 |
| Dec 31, 2021 | 0.06 |
| Sep 30, 2021 | 0.03 |
API Access
Smith A O Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=AOS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "AOS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=AOS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();