Smith A O (AOS) Debt Ratio (2009 - 2026)
Smith an O's (AOS) quarterly Debt Ratio came in at 0.17 in Q2 2026, up 87.18% on a YoY basis from 0.09 in Q2 2025, and up 3.69% quarter-over-quarter from 0.17 in Q1 2026.
Analysis
Smith A O (AOS) Debt Ratio (2009 - 2026) Analysis & Trends
Smith an O (AOS) has reported Debt Ratio for 18 consecutive years, with 0.17 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio rose 87.18% year-over-year to 0.17; the trailing twelve-month figure through Jun 2026 stood at 0.17 (up 87.18% YoY), and the FY2025 full-year result was 0.05, down 21.36% from the prior year.
- Debt Ratio advanced to 0.17 in Q2 2026 per AOS's latest filing, from 0.17 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.17 in Q2 2026 and bottomed at 0.04 in Q1 2024.
- Historically, Debt Ratio has averaged 0.08 across 5 years, with a median of 0.07 in 2023.
- The sharpest annual moves came in 2022 and 2024: Debt Ratio soared 176.19% in 2022, then slumped 63.18% in 2024.
- Over 5 years, Debt Ratio stood at 0.11 in 2022, then slumped by 59.84% to 0.04 in 2023, then jumped by 46.8% to 0.06 in 2024, then dropped by 21.36% to 0.05 in 2025, then soared by 254.67% to 0.17 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.17, 0.17, and 0.05 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.32 Bn | 96.02 Bn | 2.26 Bn | 0.19 |
| 2 | Johnson Controls International | 88.44 Bn | 87.84 Bn | 2.47 Bn | 0.26 |
| 3 | Comfort Systems Usa | 59.52 Bn | 57.67 Bn | 844.23 Mn | 0.01 |
| 4 | Carrier Global | 47.35 Bn | 46.33 Bn | 1.94 Bn | 0.32 |
| 5 | Lennox International | 12.64 Bn | 12.59 Bn | 539.50 Mn | 0.35 |
| 6 | Modine Manufacturing | 9.98 Bn | 9.92 Bn | - | 0.16 |
| 7 | SPX Technologies | 9.61 Bn | 9.44 Bn | 272.80 Mn | 0.17 |
| 8 | Smith A O | 7.80 Bn | 7.62 Bn | 387.80 Mn | 0.17 |
| 9 | Aaon | 6.58 Bn | 6.58 Bn | 152.49 Mn | 0.23 |
| 10 | Legence | 6.12 Bn | 6.21 Bn | 220.23 Mn | 0.28 |
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 | 0.11 |
| 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 |