Smith A O (AOS) Gross Margin (2010 - 2026)
Smith an O's (AOS) quarterly Gross Margin came in at 38.61% in Q2 2026, down 65.0% YoY from 110.33% in Q2 2025, and little changed on a QoQ basis from 38.67% in Q1 2026.
Smith A O (AOS) Gross Margin (2010 - 2026) Analysis & Trends
Smith an O (AOS) has 17 years of Gross Margin data on file, last reported at 38.61% in Q2 2026.
- Quarterly Gross Margin fell 65.0% year-over-year to 38.61% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 38.59% (up 39.0% YoY) and the FY2025 annual result came in at 38.83%, up 70.0% from the prior year.
- Gross Margin steadied at 38.61% in Q2 2026, from 38.67% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 40.04% in Q2 2023 to a low of 34.62% in Q2 2022.
- A 5-year average of 37.82% and a median of 38.51% in 2026 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin tumbled 276 bps — and 2023, when it soared 542 bps.
- Tracing AOS's Gross Margin over 5 years: stood at 37.24% in 2022, then advanced by 0 bps to 37.43% in 2023, then retreated by 1 bps to 37.06% in 2024, then gained by 4 bps to 38.4% in 2025, then climbed by 1 bps to 38.61% in 2026.
- The last three Gross Margin figures came in at 38.61% (Q2 2026), 38.67% (Q1 2026), and 38.4% (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | 21.25% |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 33.47% |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 36.77% |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 54.48% |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 26.07% |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 44.13% |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 35.95% |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 49.46% |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 42.10% |
| 10 | Smith A O | 8.65 Bn | 8.47 Bn | 387.80 Mn | 38.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.61% |
| Mar 31, 2026 | 38.67% |
| Dec 31, 2025 | 38.40% |
| Sep 30, 2025 | 38.67% |
| Jun 30, 2025 | 39.27% |
| Mar 31, 2025 | 38.95% |
| Dec 31, 2024 | 37.06% |
| Sep 30, 2024 | 37.37% |
| Jun 30, 2024 | 38.66% |
| Mar 31, 2024 | 39.30% |
| Dec 31, 2023 | 37.43% |
| Sep 30, 2023 | 37.99% |
| Jun 30, 2023 | 40.04% |
| Mar 31, 2023 | 38.71% |
| Dec 31, 2022 | 37.24% |
| Sep 30, 2022 | 34.89% |
| Jun 30, 2022 | 34.62% |
| Mar 31, 2022 | 34.94% |
| Dec 31, 2021 | 36.22% |
| Sep 30, 2021 | 37.21% |