Smith A O (AOS) Operating Leases (2019 - 2026)
Smith an O's (AOS) quarterly Operating Leases came in at $39.2 million in Q2 2026, up 39.01% on a YoY basis from $28.2 million in Q2 2025, and down 3.69% quarter-over-quarter from $40.7 million in Q1 2026.
Analysis
Smith A O (AOS) Operating Leases (2019 - 2026) Analysis & Trends
Smith an O (AOS) has reported Operating Leases for 8 consecutive years, with $39.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases rose 39.01% year-over-year to $39.2 million; the trailing twelve-month figure through Jun 2026 stood at $39.2 million (up 39.01% YoY), and the FY2025 full-year result was $37.1 million, up 6.61% from the prior year.
- Operating Leases fell to $39.2 million in Q2 2026 per AOS's latest filing, from $40.7 million in the prior quarter.
- Across five years, Operating Leases topped out at $40.7 million in Q1 2026 and bottomed at $23.5 million in Q3 2024.
- Historically, Operating Leases has averaged $32.9 million across 5 years, with a median of $34.6 million in 2023.
- The sharpest annual moves came in 2024 and 2026: Operating Leases slumped 33.62% in 2024, then surged 61.51% in 2026.
- Over 5 years, Operating Leases stood at $32.3 million in 2022, then grew by 22.29% to $39.5 million in 2023, then decreased by 11.9% to $34.8 million in 2024, then gained by 6.61% to $37.1 million in 2025, then rose by 5.66% to $39.2 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $39.2 million, $40.7 million, and $37.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 97.21 Bn | 95.89 Bn | 2.26 Bn |
| 2 | Johnson Controls International | 86.90 Bn | 86.26 Bn | 2.47 Bn |
| 3 | Comfort Systems Usa | 56.02 Bn | 54.17 Bn | 844.23 Mn |
| 4 | Carrier Global | 46.82 Bn | 45.47 Bn | 1.94 Bn |
| 5 | Lennox International | 12.94 Bn | 12.88 Bn | 539.50 Mn |
| 6 | Modine Manufacturing | 9.45 Bn | 9.37 Bn | - |
| 7 | SPX Technologies | 9.35 Bn | 9.18 Bn | 272.80 Mn |
| 8 | Smith A O | 7.76 Bn | 7.58 Bn | 387.80 Mn |
| 9 | Aaon | 6.28 Bn | 6.28 Bn | 152.49 Mn |
| 10 | Csw Industrials | 4.83 Bn | 4.79 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.20 Mn |
| 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 | 34.80 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 | 34.50 Mn |
| Dec 31, 2022 | 32.30 Mn |
| Sep 30, 2022 | 32.90 Mn |
| Jun 30, 2022 | 32.70 Mn |
| Mar 31, 2022 | 35.40 Mn |
| Dec 31, 2021 | 34.00 Mn |
| Sep 30, 2021 | 43.10 Mn |