Smith A O (AOS) Net Margin (2010 - 2026)
Smith an O (AOS) posted Net Margin of 12.48% for Q1 2026, down 9.19% on a QoQ basis from 13.74% in Q4 2025, and down 169.0% year-over-year from 18.09% in Q1 2025.
Smith A O (AOS) Net Margin (2010 - 2026) Analysis & Trends
Smith an O's Net Margin history runs 17 years deep, the most recent figure standing at 12.48% for Q1 2026.
- Quarterly Net Margin fell 169.0% year-over-year to 12.48% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 13.84% (up 10.0% YoY) and the FY2025 annual result came in at 14.26%, up 28.0% from the prior year.
- Net Margin was 12.48% for Q1 2026 at Smith an O, down from 13.74% in the prior quarter.
- Across five years, Net Margin topped out at 16.34% in Q2 2023 and bottomed at 12.83% in Q4 2022.
- A 5-year average of 12.23% and a median of 13.74% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin tumbled 2685 bps — and 2023, when it surged 2673 bps.
- Smith an O's Net Margin stood at 12.83% in 2022, then soared by 208 bps to 13.9% in 2023, then declined by 13 bps to 12.02% in 2024, then rose by 14 bps to 13.74% in 2025, then declined by 9 bps to 12.48% in 2026.
- Business Quant data shows AOS's Net Margin at 12.48% in Q1 2026, 13.74% in Q4 2025, and 14.01% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 5.84% |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 11.64% |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 16.48% |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 7.79% |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 13.55% |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 19.12% |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 20.71% |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 15.68% |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 10.49% |
| 10 | Smith A O | 8.40 Bn | 8.20 Bn | 365.70 Mn | 12.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.48% |
| Dec 31, 2025 | 13.74% |
| Sep 30, 2025 | 14.01% |
| Jun 30, 2025 | 15.05% |
| Mar 31, 2025 | 14.17% |
| Dec 31, 2024 | 12.02% |
| Sep 30, 2024 | 13.31% |
| Jun 30, 2024 | 15.25% |
| Mar 31, 2024 | 15.08% |
| Dec 31, 2023 | 13.90% |
| Sep 30, 2023 | 14.44% |
| Jun 30, 2023 | 16.34% |
| Mar 31, 2023 | 13.13% |
| Dec 31, 2022 | -12.83% |
| Sep 30, 2022 | 12.56% |
| Jun 30, 2022 | 13.07% |
| Mar 31, 2022 | 12.25% |
| Dec 31, 2021 | 14.02% |
| Sep 30, 2021 | 14.39% |
| Jun 30, 2021 | 13.75% |