Smith A O (AOS) Operating Leases (2019 - 2026)
Smith an O (AOS) posted Operating Leases of $40.7 million for Q1 2026, up 9.7% on a QoQ basis from $37.1 million in Q4 2025, and up 61.51% year-over-year from $25.2 million in Q1 2025.
Smith A O (AOS) Operating Leases (2019 - 2026) Analysis & Trends
Smith an O's Operating Leases history runs 8 years deep, the most recent figure standing at $40.7 million for Q1 2026.
- Quarterly Operating Leases rose 61.51% year-over-year to $40.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $40.7 million (up 61.51% YoY) and the FY2025 annual result came in at $37.1 million, up 57.87% from the prior year.
- Operating Leases was $40.7 million for Q1 2026 at Smith an O, up from $37.1 million in the prior quarter.
- Across five years, Operating Leases topped out at $40.7 million in Q1 2026 and bottomed at $22.4 million in Q4 2022.
- A 5-year average of $29.0 million and a median of $25.2 million in 2025 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases sank 48.86% — and 2023, when it jumped 76.34%.
- Smith an O's Operating Leases stood at $22.4 million in 2022, then surged by 76.34% to $39.5 million in 2023, then plunged by 40.51% to $23.5 million in 2024, then jumped by 57.87% to $37.1 million in 2025, then grew by 9.7% to $40.7 million in 2026.
- Business Quant data shows AOS's Operating Leases at $40.7 million in Q1 2026, $37.1 million in Q4 2025, and $35.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn |
| 10 | Smith A O | 8.40 Bn | 8.20 Bn | 365.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.70 Mn |
| Dec 31, 2025 | 37.10 Mn |
| Sep 30, 2025 | 35.60 Mn |
| Jun 30, 2025 | 28.20 Mn |
| Mar 31, 2025 | 25.20 Mn |
| Dec 31, 2024 | 23.50 Mn |
| Sep 30, 2024 | 23.50 Mn |
| Jun 30, 2024 | 24.70 Mn |
| Mar 31, 2024 | 26.40 Mn |
| Dec 31, 2023 | 39.50 Mn |
| Sep 30, 2023 | 35.40 Mn |
| Jun 30, 2023 | 34.90 Mn |
| Mar 31, 2023 | 25.10 Mn |
| Dec 31, 2022 | 22.40 Mn |
| Sep 30, 2022 | 23.50 Mn |
| Jun 30, 2022 | 23.00 Mn |
| Mar 31, 2022 | 24.60 Mn |
| Dec 31, 2021 | 34.00 Mn |
| Sep 30, 2021 | 43.10 Mn |
| Jun 30, 2021 | 33.90 Mn |