Smith A O (AOS) Net Margin (2010 - 2026)
Smith A O's Net Margin was 13.43% in Q3 2026, down 0.58 percentage points from 14.01% a year earlier but up 0.99 percentage points from the prior quarter.
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Analysis
Smith A O (AOS) Net Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Smith A O's Net Margin was 13.01% through Sep 30, 2026, down 0.84 percentage points year-over-year; for FY2025, it came in at 14.26%, up 0.28 percentage points from FY2024.
- Net Margin shows a five-year change of +2.35 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 13.98% in FY2024 (-0.47 pp), 14.45% in FY2023 (+8.17 pp), 6.28% in FY2022 (-7.49 pp) and 13.76% in FY2021 (+1.85 pp).
- Quarterly Net Margin has moved between -12.83% (Q4 2022) and 16.34% (Q2 2023) over five years.
- Compared with a year earlier, Net Margin has declined for three straight quarters, with an average year-over-year change of -0.68 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q4 2023 (a gain of 26.73 percentage points); the worst was Q4 2022 (a drop of 26.85 percentage points).
- Per Business Quant data, AOS's Net Margin in the three quarters before Q3 2026 was 12.44% (Q2 2026), 12.48% (Q1 2026) and 13.74% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 90.15 Bn | 84.77 Bn | 2.38 Bn | 15.51% |
| 2 | Johnson Controls International | 84.78 Bn | 82.51 Bn | 2.47 Bn | 11.32% |
| 3 | Carrier Global | 46.22 Bn | 40.59 Bn | 1.90 Bn | -41.40% |
| 4 | Comfort Systems Usa | 37.91 Bn | 31.86 Bn | 934.48 Mn | 12.98% |
| 5 | Otis Worldwide | 30.85 Bn | 27.24 Bn | 1.16 Bn | 10.58% |
| 6 | Masco | 17.20 Bn | 15.01 Bn | 720.00 Mn | 11.70% |
| 7 | James Hardie Industries | 16.99 Bn | 16.06 Bn | 548.70 Mn | 7.07% |
| 8 | Allegion | 16.41 Bn | 15.04 Bn | 548.20 Mn | 18.84% |
| 9 | Carlisle Companies | 15.75 Bn | 12.66 Bn | 494.90 Mn | 14.22% |
| 10 | Smith A O | 9.12 Bn | 8.30 Bn | 364.70 Mn | 13.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.43% |
| Jun 30, 2026 | 12.44% |
| 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% |
API Access
Smith A O Net Margin 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=net-margin&ticker=AOS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=AOS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();