Smith A O (AOS) Net Margin (2010 - 2026)
Smith A O's Net Margin was 12.44% in Q2 2026, down 2.61 percentage points from 15.05% a year earlier and down 0.04 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 13.15% through Jun 30, 2026, down 0.53 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).
- The Q2 2026 figure marks the lowest quarterly Net Margin since Q4 2024.
- Compared with a year earlier, Net Margin was higher in two of the last eight quarters, with an average year-over-year change of -0.75 percentage points.
- 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 Q2 2026 was 12.48% (Q1 2026), 13.74% (Q4 2025) and 14.01% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 14.57% |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | 11.32% |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 13.52% |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 7.89% |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | 11.09% |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 7.07% |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | 15.96% |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 16.03% |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 16.25% |
| 10 | Smith A O | 7.66 Bn | 6.91 Bn | 387.80 Mn | 12.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 14.39% |
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();